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:

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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.

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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

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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

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Topics: negotiation tactics