Smart real estate investors understand the power of teamwork. It’s impossible to do everything on your own, and building professional relationships with people who have other skillsets can prove invaluable. Specifically, many investors turn to real estate agents to help them identify and maximize opportunities. But you can’t go out and just hire anyone – you have to know what to look for in an agent…. [Read More]
Archives for September 2016
Leverage is a broad term that can mean any number of things. It can often have a negative connotation associated with blackmail or bribery. But in real estate, it involves nothing illegal. It is, however, a powerful term that real estate investors should know.
According to Investopedia, leverage in investing is “an investment strategy of using borrowed money to generate outsized investment returns.” Another way to think of it is using other people’s funds to maximize returns and create profits for yourself…. [Read More]
Finding a profitable rental property is one of the most rewarding experiences there is. It promises a steady monthly income from renters and the potential for more investments in the future.
But it’s not easy to find a property in great condition and situated in an excellent neighborhood. Sometimes, you end up with a lost-rental property: one that turns into a money pit that saddles you with problem after costly problem…. [Read More]
Investing in property in the Houston and Katy areas requires extra skill and savvy. Naturally, you’ll be looking for a property that’s going to be profitable, but investments in this region can easily turn into money pits.
These are the primary considerations when you pursue real estate profits here…. [Read More]
One of the most important jobs of a property manager is to keep our tenants safe. That’s a big job, though, and some parts are easier than others. For example, regularly inspecting your properties to guarantee habitability is a standard undertaking, and providing ongoing maintenance services can ensure that all major property features remain in working order…. [Read More]
As a property manager, you may find that back to school season is a stressful time for many of your tenants. Kids make the transition from long, lazy days or summer camp, while parents scramble to organize childcare, gather supplies, and juggle a new schedule. Everyone is on the go, and for families who are new to the area or whose children are just beginning school, it can be an especially challenging period…. [Read More]
The Katy rental market is booming, opening up many exciting opportunities for property owners and managers hoping to expand their work, but as the market grows, new concerns continually arise. From debates about pets to handling maintenance and landscaping issues, property managers are busy people with a lot on their plates. So when a tenant asks for permission to make some changes to their apartment or rental home, what should you do?… [Read More]
Buying a new home is an exciting and rewarding venture, and if you’re doing it for the first time, these feelings are amplified to an even greater degree. Unfortunately, in all the excitement, it’s easy to lose sight of some key principles that will help you secure the best investment, and make mistakes that could damage your long-term return…. [Read More]
Everyone is born with different strengths and weaknesses. In some areas of our lives, these variances have trivial effects. However, there are other areas in which these personality types mean the difference between success and failure. This is especially true when it comes to professional pursuits. … [Read More]