Why Investors Should Avoid Cheap Investment Properties

Posted by Chris Clothier on Tue, Nov 28, 2017

Who doesn’t love a good deal?

With Black Friday and Cyber Monday just wrapping up, we’ve seen just how crazy people can get when they’re faced with the prospect of a good deal. They’ll go to extreme lengths to save money if they think they can.

For real estate investors, we go to our own extreme lengths sometimes. There’s a natural impulse in all of us to look for the best deal and the lowest price. But just like the person who gets punched over a toaster oven on Black Friday, we may find that getting something cheap isn’t always worth it.

Real estate investors: beware of buying properties on the cheap!

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Topics: cheap real estate

Essentials for Investing in Real Estate in Your 20's and 30's

Posted by Chris Clothier on Fri, Nov 24, 2017

Some young people seem to be under the impression that real estate investment is something that you do when you’re older. You don’t need to invest when you’re in college. You don’t need to invest when you’re in your 20’s. You’re still young—why do you need to plan for retirement now?

Here's a hint: you absolutely need to be planning for retirement now!

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Topics: investing while still young

5 Qualities Real Estate Investors Should Look for in an Agent

Posted by Chris Clothier on Tue, Nov 21, 2017

As a real estate investor, you know by now that you only have so many hours in the day to get everything done that needs doing. Because of this, you're well aware that some things can be a waste of your time and effort. Some things are better left to someone else!

For you, that may mean partnering up with a real estate agent to find and acquire your investment properties. But for real estate investors, it's not as simple as joining forces with just any Realtor. After all, investing in real estate and buying rental properties just isn't the same as buying a new home for your own private use.

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Topics: real estate investors, real estate agents

3 Pitfalls in Investing in Distressed Properties

Posted by Chris Clothier on Tue, Nov 14, 2017

There’s something attractive about the idea of a transformation. We see it captured in our media over and over again. It’s famously captured in Shaw’s Pygmalion, it’s on nearly every HGTV show.

We’re enamored with before and afters, fascinated with how something can be turned around. More importantly, in the world of real estate investment, we're interested in how a transformation can turn a profit.

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Topics: turnkey investing

The #1 Way Worry-Free Remote Real Estate Investing is Possible

Posted by Chris Clothier on Mon, Nov 13, 2017

New real estate investors usually have the impulse to invest where they are. They want to stick with the market they’re familiar with, the properties they can visit and see, the things they can control.

The idea that they should invest outside of that in markets that are thousands of miles away sounds preposterous! In actuality, remote real estate investing isn't as crazy as it might sound. In fact, it offers some of the best investment opportunities you'll find in real estate.

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Topics: remote real estate investment

4 Things Passive Real Estate Investors Need to Know About Property Management

Posted by Chris Clothier on Tue, Nov 7, 2017

In the world of real estate investment, there is a crucial element that makes everything work. Without it, the whole concept falls apart: property management.

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Topics: investment property management

Saving & Strategy for Buying Another Rental Property in 4 Steps

Posted by Chris Clothier on Mon, Nov 6, 2017

Passive real estate investors know that, ultimately, they need to grow beyond a single investment property. It’s the only way to truly grow their passive income! For first-time investors, though, it’s not quite as simple as buying a second property willy-nilly. An investment property is a large purchase that, especially in the beginning, has to be saved for and carefully considered.

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Topics: buying a property