Property managers. Love them or hate them, you’re going to have to deal with them when you’re doing real estate investing. Most real estate investors wind up hating their property managers. And I don’t blame them for it. From my experience, a good deal of real estate...
Debt is bad…. ….so says every financial guru on the web. Most notable being Dave Ramsey, one of the most prominent financial personalities who is very averse to the concept of debt. Now, I’m not going to be spending the bulk of this email bashing Ramsey. In fact,...
When evaluating market areas for prospective real estate investment, the most common element that people examine is the price history. This makes sense for many reasons. In most cases, price data is what we can most easily find about a market. Price appreciation is...
By this point, it should be abundantly clear that quality decisions are the goal. The reason for this is because decisions are the only part of the investing process that are within our control. We do not control the property managers, we don’t control the tenants,...
One of the primary tenants of value-based investing decisions is the notion of “fair value” or “intrinsic value” of an asset. This asset can be a company, or it can be an income property … the principals are the same in both cases. As intelligent investors, the way...
