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

Invest in Success: Top Priorities for Passive Real Estate Investors

Posted by Chris Clothier on Thu, Sep 14, 2017

As real estate investors, we are bombarded with a metric ton of information each and every day. The amount of information out there to consume and digest is overwhelming at times.

That makes it difficult to discern what's truly at the heart of it all. What actually makes an impact on your investing career? What really makes a tangible impact on your success?

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Topics: real estate investors, passive investing

Do You Have What it Takes to Make it in Real Estate Investment?

Posted by Chris Clothier on Sat, Sep 2, 2017

Real estate investment takes a special kind of person. We don’t mean that everyone can’t find success in this business—only that certain types of people are going to have an easier time at it than others based on their personalities. There are certain traits that successful real estate investors just have.

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Topics: real estate investors

What Every Successful Real Estate Investor Has in Common

Posted by Chris Clothier on Mon, Mar 6, 2017

If you ask someone “what makes a real estate investor successful?” you’ll likely get a lot of different answers.

The truth is, a lot of different traits make the recipe for success. Honesty is important. Integrity—that’s a good one. Tenacity, nice. There’s old-fashioned intelligence. A natural knack with money.

But what common thread weaves through every successful real estate investor?

Surely there’s one thing that brings it all home. One thing that ties it all together...

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Topics: real estate investors

4 Ways Real Estate Investors Show Gratitude this Holiday Season

Posted by Chris Clothier on Tue, Nov 24, 2015

It’s hard not to feel the holiday spirit this time of year. No matter what holiday you celebrate, there’s something undeniably different about this season. It can be stressful, sure, but it’s hard not to love warm feelings and those little extra acts of kindness. We have the nostalgia of Christmas music on the radio, festive decorations and the joy in buying presents for loved ones.

For real estate investors, the holidays are a great time to slow down and reflect on the year. What are you thankful for? Who are you are thankful for? Remember to show gratitude to those who have made your 2015 a good year.

Whether it was the constant support of a close friend, valuable advice or something else entirely, we can’t forget to thank the important people in our lives for making our work possible.

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Topics: real estate investors, holidays

Top Reasons Real Estate Investors Take Property Management Themselves

Posted by Chris Clothier on Mon, Feb 23, 2015

Plenty of investors have come to realize that managing property management responsibilities is not for them. Being a real estate investor and being a property manager are two entirely different jobs. Not everyone is cut out to deal with day-to-day tenant issues. Many investors are looking for a means of passive income and know that they don’t want to add to their workload.

There are real estate investors, however, who’ve convinced themselves that they have to do it all. They have to be the owner and the manager simultaneously. There are reasons behind this line of thinking, and we can understand where some investors are coming from.

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Topics: investment property, real estate investors, landlord responsibilities

Smart Tactic: Build Relationships With Other Real Estate Investors

Posted by Gillian Burgess on Wed, Dec 24, 2014

Sometimes real estate investors like to stick to the numbers. We look at positive cash flow and make calculations and see where we can boost our bottom line. Sticking too close to the technical aspects of the business has its perils, though.  It can lead us to look at real estate investing as a paper endeavor where some black typing on a white sheet is all we have to worry about.  There is much more to this than simply looking at the numbers on a piece of paper.

Investing in real estate is a business of relationships, not numbers.  As a company, we absolutely believe in that message and have built each of our businesses on the backs of great people who are passionate about what they do.  Many of our team members are also real estate investors themselves, so strong relationships are something we understand very clearly!   

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Topics: real estate investors, investment strategy

3 Ways High Rent Hurts Young Homebuyers

Posted by Chris Clothier on Tue, Dec 23, 2014

Real estate investors like it when people rent. Obvious, right? After all, investing in real estate is a business and we have to treat it like a business. In a business, the goal is to make money. That, however, is an oversimplified version of the role of the real estate investors. We’re a business that deals with people — people whose lives matter and play important roles in the health of our economy and the real estate market.

This is a philosophy that plays into our role as a property manager.  So whether you are a landlord or you use property management companies to provide service to you, the success of a renter, your tenant, is vital to your success as a real estate investor.  Here at Premier Property Management, we hold four different sets of persons as vitally important to our company.  First, our team.  Second our clients.  Third our vendors.  Fourth our tenants.  These four groups are equally important and the tenant is the one who is so often overlooked.
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Topics: great tenants, real estate investors, first-time homebuyers

3 Ways Rising Mortgage Rates Affect Real Estate Investors

Posted by Chris Clothier on Mon, Dec 22, 2014

We haven’t met a person yet who likes paying a mortgage. Both homeowners and investors who don’t pay for properties via all-cash offers have to deal with mortgages. No one likes them. In the years since the market crash, mortgage rates bottomed out to an all-time low, making it an ideal time for investors to snatch up properties and bring some life back into the real estate market. They did, giving the market the boost it needed to get back on its feet.

Looking forward to 2015, however, real estate experts expect rates to rise to 5% next year and 6% in the next two years, putting rates at the highest point they’ve been since the market crash. While that’s hardly the highest they could be, the real estate market is still in the middle of recovery, which could mean another slowdown if lenders don’t play it smart.

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Topics: real estate investors, mortgage rate news

Common Legal Pitfalls for New Real Estate Investors

Posted by Chris Clothier on Sat, Dec 20, 2014

If you’re new to real estate investment, you’ll find out pretty quickly that the learning curve can be steep. One of the most important parts of real estate investment is to educate yourself on the legal aspects of the business. The last thing you want to happen is to find out you’ve made a legal mistake...after you’ve already made one.

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Topics: real estate investment, real estate investors