For a few years now, I have been reading, learning, and investing in income property. More than just a rent property, am income property can be a cash cow. If purchased well, a rental house can produce over $500 a month in cashflow. Do that five or six times,
The new year is upon us and one of the top resolutions for 2015 is to make more money. Some resolutions are easier said than done. You can’t just walk up to your boss and demand that $5,000 raise. If you are lucky and you work hard you will
After a lot of positive response from my post last week The tortoise wins every time I decided to see what other theories we could test out. My business partner Stephen Smith suggested we look at something simple like a $100,000 property purchased every year for ten years. At first I
Every time I read the story of the tortoise and the hare, the tortoise wins. Every time. I mean duh, it is a book. Books end the same way every time. But this applies to more than just this books. In life most good things come to those who
Looking for an investment property in the Lake Travis ISD. Something that could cashflow on day one, and more importantly have a great return on investment. Well I found one that I think would be a good fit for a small investor. This is not my listing so I
Everywhere I look right now I see another investment opportunity. House prices have dropped and rents are starting to climb at an alarming rate. Just three years ago the home buying scene was on fire. Everyone wanted in on the act and prices went though the roof. Now that
In the past 12 years, the net worth of the typical home owner has ranged between 31 and 46 times that of the net worth of the typical renter.
Turning your home into a rental or buying an investment property? Expect to pay up to 20% more for the right insurance policy to protect your property.
1. Use a Realtor when leasing. If you are moving into an Apartment it may make more sense to use an apartment location, but either way it is important to have representation. It does not matter how many times you have moved, if you are not a licensed professional
Many vacationers opt to rent a home in their vacation destination rather than staying in a hotel. For these vacationers, this is a worthwhile option because it gives the vacationer a more comfortable place to stay with features such as cooking facilities which are not typically offered in commercial