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17 May Should You Consider a Real Estate Investment Partner

Real estate investing can be a major undertaking. The process of doing due diligence on cities and neighborhoods, touring properties, pricing the cost of repairs, and obtaining necessary capital can require significant time and knowledge.   While most real estate investors go out on their own – there's something to be said for independence in making decisions – a solo strategy isn't right for everyone. Some investors find confidence in working with a partner, either for a single project or on an ongoing basis. A partner can provide additional capital for investing, advice on breaking into a new area of the investment...

18 Mar Debunking 8 Real Estate Investing Myths

Real estate investing offers a wealth of potential – both literally and figuratively. Successful investors can see the potential in properties and maximize the opportunities available to turn a profit.   Compared to other forms of investing, real estate has a steeper learning curve. The capital required to invest is higher than some of the easier alternatives, meaning that investors need to have an educated strategy and a concrete game plan before taking the plunge. However, some of the common myths surrounding real estate investments can lead newcomers to the field astray. Believing in myths can complicate the process, resulting in an...

11 Feb ROI Expectations When Investing in a California Rental Property

The objective of any investment is to turn a profit, and real estate is no different. Any purchase, whether to fix and flip or rent to tenants, is inherently designed to generate revenue. However, not all properties are made equal, and some have more potential than others.   When considering different real estate properties, calculating an expected return on investment, or ROI, is an important part of the due diligence process. Many different kinds of factors can play a role in ROI, so understanding the moving pieces and parts is essential to a robust portfolio. This is what you need to know...

30 Dec How to Quickly Find Real Estate Comparables (Comps)

Real estate doesn’t exist in a vacuum. As all seasoned investors know, the greater real estate market can play a significant role in how much a property can demand when up for sale or rent. As such, a comparative market analysis is generally a key step in the process of preparing a rental property or fix and flip property for the market. This is also true for investors preparing to make a purchase, be it a single-family home or a multi-family rental unit.   However, a comparative market analysis isn't always as straightforward as it sounds. This kind of report requires doing...

20 Nov Actionable Tips to Finding a Property to Fix & Flip

When choosing a property to fix and flip, success is generally predicated on picking the right property and buying at the right price. Money is made at the time of the purchase, not the sale. Buying something outside of your budget or that requires too many repairs, for example, can squander your investment and leave you with little to show for your efforts.   If you want to increase your chances of success, picking the right property is critical to your success. These actionable tips can help you make the right choice when shopping for your next fix and flip, helping you...

08 Oct Fuzzy Math: Income Producing Real Estate

Dan Harkey, at DanHarkey.com writes great articles about real estate on his website. You can read more articles by visiting his website. In this article, he discusses "Fuzzy Math: Income Producing Real Estate"   “Fuzzy Math” was first introduced to the public during the televised debates between George W Bush and Al Gore, in the 2000 U.S. presidential election.  “This man has been disparaging my plan with all this Washington fuzzy math.” How many of you remember this humorous interface? Since then, these terms are frequently used by politicians and others to suggest that their opponent’s numbers are doubtful or are otherwise...

24 Sep Boost Your Real Estate Investment ROI with an Updated Floorplan

To some property investors, the floorplan of a home may seem like a secondary issue. Things like upgraded appliances and a modern appearance often attract the most focus, with the layout of rooms falling by the wayside in the fix and flip or rental preparation process.   However, failing to pay adequate attention to a house's floorplan can be a costly mistake. While granite countertops are certainly nice to have, that won't be the thing that ultimately wins over a buyer. Many homebuyers go into the purchase process knowing they want certain things, like a spare bedroom to use as an office...

17 Aug How Inflation Affects Your Real Estate Investments

Inflation is a reality of the economic markets. Over time, costs rise, and the value of the dollar distorts. A one-bedroom home could be had for $20,000 or less in 1965, but today's buyers need around 10 times that to find a nice property in most parts of the country. All prices are affected by the influence of inflation – and that includes real estate investment properties, especially as housing increases at a higher rate of inflation.   Overall inflation has been relatively low in the United States over the last decade, but the tides are starting to turn. Years of low...

28 Jul The Concept of Depreciation in Real Estate

Dan Harkey, at DanHarkey.com writes great articles about everything related to real estate on his website. You can read more articles by visiting his website. In this article, he asks the question: "The Concept of Depreciation in Real Estate."   Here is the article in full:   "From the moment a building or improvement is completed, the value and “usability” of the improvements begins to decline. Physical deterioration, functional obsolescence, and even economic obsolescence reduce improvement value over time. Depreciation is the loss in property value from any cause.   Why do we care?   It leads to “successful transactions” in a lot of ways. Any property...

14 Jul How to Make Your Small Condo Investment Feel Larger for Potential Renters or Buyers

For those investors in either the fix and flip and rental property spaces, purchasing a condo as an investment property can be a lucrative way to break into a more expensive market. This is particularly true in areas with a smaller market of traditional houses and a higher volume of apartments and condos.   With lower prices and easier access in some metro areas, a condo seems like a great place to start or expand a portfolio for many investors. However, a smaller size can be limiting. Not all buyers and renters are willing to compromise with a little space, even in...