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Buying A House With A Tenant Hoarder
February 3, 2025 | 2.5 Minute Read Last week, a wholesaler sent me a property to review. The numbers looked good. I could pick it up for $70,000 with an ARV of $140,000. That’s a 50% discount but as any experienced fix and flip investor knows, the final price always depends on the cost of […]
Here’s How Much I Earned with this Short Term Rental
November 18, 2024 | 2.5 Minute Read Last week, a memory popped up on my Facebook feed: a photo of my wife, Gina, setting up one of our short-term rentals. She and her mother Faye did an amazing job designing this property. I figured it was the perfect opportunity to discuss my reason why we […]
Three Strategies for Profiting on Unsold Properties
September 9, 2024 | 4 Minute Read When buying an investment property, it’s crucial to ensure you have at least two exit strategies in place. What if your flip doesn’t hit your profit target, or the property sits unsold on the market? Having a backup plan is essential to protecting your investment and avoiding financial […]
When selling an investment property is a bad idea
June 24, 2024 | 1.5 Minute Read Time An out-of-state investor was seeking to sell his recently vacated turnkey property. This neighborhood, a very affordable, rising blue-collar working-class area, has been a target for investors looking to flip and hold properties for years. The previous Section 8 tenant paid $800 per month. The investor is […]
Understanding the 1% Rule
April 22, 2024 | Reading Time: 1 Minute The 1% rule is a guiding principle in real estate investing that assesses the relationship between a property’s purchase price and the income it can generate. According to this rule, the monthly rental income should be at least 1% of the property’s buying price. To apply the […]
