Rental properties in the right location and with the right numbers are incredible vehicles to take you to financial independence. But without getting both of those factors right, rental properties may not work well. So, in a prior article, I shared how to find the right location. In this article, I’m going to show how to find [Continue Reading]
How to Calculate Rental Property Cash Flow – A Comprehensive Guide
Investors don’t decide to buy properties; they decide to buy the income streams of the properties.” – Frank Gallinelli Some rental buildings are beautiful. I particularly admire well-constructed, brick structures with hardwood floors and large, dry crawl spaces. But the building only matters indirectly for rental property investors. The beauty of the building is relevant if it attracts [Continue Reading]
The Two Rules of a Real Estate Deal Maker
I’m here to tell you that you’re a real estate deal maker. Or at least you should be. After almost 14 years of full-time real estate investing, I’ve come to realize that my #1 asset is my ability to put together good deals. The world is awash in money (really, it is – look at this stunning [Continue Reading]
Sir Isaac Newton Proves How to Be an (Un)Intelligent Investor
Sir Isaac Newton was one of the most influential scientists and thinkers of all-time. As a physicist he helped to define the law of gravity and the motions of planets and stars, and as a mathematician he invented calculus. Newton’s discoveries guided other scientists and mathematicians for hundreds of years. As you might imagine, Newton possessed [Continue Reading]
The 2% and 1% Rules – Instant Analysis For Real Estate Investments
Lately I’ve been busy looking at a lot of potential real estate deals. Finding good deals takes a lot of searching. Especially in the early stages of searching I like to apply shortcuts to make the best use of my time. Previously I shared a shortcut called the 50% Rule to help you quickly determine [Continue Reading]
The 50% Rule – A Shortcut to Save You Time & to Avoid Negative Cash Flow
Finding good real estate deals is like a treasure hunt. You have to turn over a lot of stones before you find a true gem. So, in the acquisitions part of my business I have found it helpful to develop some shortcuts that allow me to quickly evaluate the merit of potential deals. One of [Continue Reading]