Our Best Tips for Real Estate Investing for Attracting Long-Term Residents

Posted by Chris Clothier on Mon, Feb 27, 2017


Tenant retention: it can be a big bug bear for some investors.

Have you found yourself with high turnover and not knowing the cause? Maybe you keep doing everything right, but you just can’t seem to get good tenants to stick around for longer than a year or two.

Granted, sometimes there’s just nothing you can do. The sway of life pulls people away to new opportunities and it just doesn’t have to do with your property.

But, on the flip side, there is a lot you can do.

Read More

5 Sacrifices Real Estate Investors and Entrepreneurs Make to Achieve Success!

Posted by Chris Clothier on Tue, Feb 21, 2017

Do you look around and get frustrated when it seems like everyone else is doing so much better financially than you are? Does it seems like you’re struggling to scrimp and save and make it to next month while your friends and fellow investors are killing the game every time?

Maybe you feel like you’re falling behind. Despite your best efforts, you just don’t feel good enough. Maybe you feel like you finances never catch up with your goals. The expenses keep adding up and the profits never have the traction to give you a solid footing.

It’s frustrating. It’s disheartening.

But you have to ask yourself: are your money habits secretly killing your chances at financial freedom?

Read More

Topics: money management

I Bought My First Rental Property. Now What?

Posted by Chris Clothier on Sat, Feb 18, 2017

Congratulations!

You bought your first rental property. That’s the first big step towards building towards financial freedom. Hopefully, it was not just one property that you purchased, but a portfolio of multiple properties to help get you started in the right direction early.  Especially if you a passive investor.  More on that later.

You may be thrilled.  You may be excited.  You may even be a little apprehensive. There’s still a lot of work to be done. Buying a property is only the beginning of investing in real estate.

Even as a passive real estate investor, you have quite the road ahead of you! No matter if you’re investing locally or in a distant market, here are the next steps you for the best foot forward:

Read More

Topics: buying a property

Defeating What's Holding You Back from Your First Real Estate Deal

Posted by Chris Clothier on Mon, Feb 13, 2017

You’ve read all the books. Joined the forums. You’ve learned, you've leaned in, you've done your homework, devoured anything and everything real estate investment in your path. There’s just one little catch: you haven’t actually invested in any real estate yet.

Read More

Topics: investing in real estate

4 Unexpected Ways to Reduce Risk in Real Estate Investment

Posted by Chris Clothier on Mon, Feb 6, 2017

When you hear the word “risk” as a real estate investor, what comes to your mind? You’re probably thinking about big things. The risk of buying a bad property. A lemon. You think about due diligence and ensuring that your property isn’t a dud. But there’s so much more to real estate investment risk than just when you buy your property.

And there’s so much more you, as an investor, can do to reduce your risk as an ongoing effort to make your investments more profitable.

You might not even think that some of these things are reducing risk. Some are ongoing actions

Read More

Topics: risk management

6 Clever Negotiation Tactics to Lock Down Your Next Real Estate Deal

Posted by Chris Clothier on Fri, Feb 3, 2017

Part of the real estate investment business, of course, involves buying real estate. For new real estate investors, there’s a lot of apprehension about buying properties. There’s a lot of mistakes made, too, and probably more than a few failed deals!

Even for those successes, there was likely opportunity to save more on your deal than you did.

Negotiation tactics are part of really winning at buying real estate. Real estate deals can be tough to navigate—every seller is motivated by

Read More

Topics: negotiation tactics