This is a guest post from J Scott, a successful investor who has flipped over 300 houses. J also wrote two real estate books I recommend more than almost any others – The Book on Flipping Houses and The Book on Estimating Rehab Costs. J is one of the best investors I know at adapting [Continue Reading]
How to Buy an Investment Property – From Contract to Closing
Real estate investing is an amazing tool to help you retire early and do what matters. But before you can achieve those big goals, you have to begin much more practically. For starters, you have to learn how to buy an investment property! And if you’re brand new, the buying process can be intimidating. There are many [Continue Reading]
Where to Buy an Investment Property – The A, B, C, D Rating System
Listen to or Download the Audio/Podcast Version of This Article As a real estate investor, there are few more important decisions than where to buy an investment property. It’s like making sure you have fertile soil before you plant seeds for your crops. Your “farming” of good investments begins by understanding the big picture criteria [Continue Reading]
Cap Rate Explained (And Why It Matters With Rental Properties)
How do you analyze rental properties? In other articles, I showed how to run the numbers with back-of-the-envelope analysis, including the super-simple one percent rule. But the most important rental analysis tool I use is something called a cap rate. In this article, I’ll explain what a cap rate (aka a capitalization rate) is. I’ll [Continue Reading]
The One Percent Rule – Quick Math For Positive Cash Flow Rental Properties
The one percent rule is an analysis tool used by real estate investors to quickly screen potential rental properties. I briefly covered the one percent rule in How to Run the Numbers Using Back-of-the-Envelope Analysis. But in this article I’ll go into more depth about what it is, when to use it (and when not to!), [Continue Reading]
How to Confidently Buy An Investment Property – My Go, No-Go System
Have you ever been afraid or uncertain about a decision to buy an investment property? When you’re spending hundreds of thousands of dollars on one purchase, these feelings are normal! The question is how you respond to the fear and uncertainty. Do you slip into analysis paralysis where you’re frozen and never make a decision? [Continue Reading]