Why master leasing to an investor was good for a military service member

Why master leasing to an investor was good for a military service member

  I recently sat down with a property owner who was about to become a landlord unexpectedly. You’d be surprised how often this happens. Their scenarios range from inheriting property to going through a divorce or even just experiencing a job transfer. This particular owner falls into the last category. He’s being deployed overseas and received about a months’ notice.   Like I said — unexpected landlord.   Before I…

Why master leasing makes sense

Why master leasing makes sense

  Last week I talked about how repairs on rental property you own can kill your cashflow. So far this year, our rental repairs have consisted of three field lines, one roof, lots of AC calls, a water heater, a water main and a big subfloor repair. All these amounted to about $30,000 in out-of-pocket expense.   Think about that number for a second. If you had $30,000 in repairs,…

A tale of two rentals

A tale of two rentals

    Many people make the claim that owning rental property is the best way to get out of the rat race and achieve long-term financial success. I happen to be a proponent of rental property. That being said, I’d like to challenge the above statement and see if it’s completely true. I will do that with a tale of two rentals; both scenarios took place last weekend.   It…

Can you make money without money in real estate?

Can you make money without money in real estate?

  The other day I was reading a forum discussing myths in real estate investing. One of the contributors said the phrase “it doesn’t take money to make money” is the biggest myth in real estate investing today.   I disagreed with the contributor from the standpoint of personal experience; Ashley and I had no money when we started. We were broke kids, straight out of college, with a ton…

What are your options?

What are your options?

What are your options?   When you hear the word option in real estate, you probably think of a lease-option strategy. This is where you lease a house to a tenant buyer with bumpy credit. You call them a tenant buyer because they’re renting your house with the hope of buying it from you in the near future.   That’s where the option comes in. You sell them the option…

The Proverbs 31 Woman

The Proverbs 31 Woman

In chapter 31 of the book of Proverbs, Solomon’s mother tells him what to look for in a woman. This is fascinating because the Bible is often written from a man’s point of view. Here we have a woman giving her perspective as to what a woman should be.   Girls all over have clung to these verses looking to them as a guide stone for what a “real” and…

A Zero Down Deal

A Zero Down Deal

When starting on the journey of real estate investing, it’s hard to figure out which way you should go. It make’s it even harder when you have little to no money.   This was the problem Ashley and I had experienced. We were broke. I mean flat broke. Like I was going door to door with my pressure washer trying to get up enough work for grocery money kind of…