Archive
Ashley and I recently came across a listing with “possible short sale” in the title. If you don’t know, a short sale occurs when a bank agrees to accept less than what the borrower owes on their mortgage when the property sells. This listing was intriguing to us since we haven’t seen any short sales advertised in a long time. Personally, I think short sales have almost gone the way...
It’s my opinion that in today’s market, landlords should be offering all their rentals as rent-to-own. In this deal structure, a tenant buys the right to purchase the landlords property, for a predetermined price and time frame, all while renting the house. It’s also called a lease option. So what makes this deal structure attractive? First, you’ll get market- or above- rent rates....
I’m often asked when talking to aspiring real estate investors what a “full timer’s” daily schedule consists of. So far my reply has not been that we push computer buttons for 10 minutes each day, in order to make a bazillion dollars a day while enjoying umbrella drinks on exotic beaches. I say that because that’s how infomercials portray us. My experience, however, has been... well let...
You may be thinking that “Happy New Year” is a strange title for this column since we’re in the middle of April. Well it’s not. That’s because I’m talking about the Hebrew New Year. It just started, and we’re currently in the first month, the month of Abib. The month of Abib is rife with Biblical awesomeness. Yahweh plagued Egypt and brought the children of Israel out of slavery; He...
So you bought your first rental property, you’ve gotten it looking nice, and now you’re wondering how to announce to the world that it’s available. There are tons of great ways to accomplish this. Ashley and I recommend utilizing multiple sources when placing a property on the market. Today, I’d like to go over some of the ones we use as well as things to watch out for. We live in...