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investment: The Absentee Landlord Part I - How to Retire Within 18 Months to the Destination of Your Choice - 04/26/09 02:23 PM
Part I: Introduction, Defining Destination & Budget Goals, and Becoming an Absentee Landlord Whether you're a landlord, a real estate investor, or just a regular wage slave looking to escape the drone-like existence of 9-5, most of us have daydreamed about living on a tropical island somewhere sipping pina coladas and having income wander its way into our checking accounts. What if you could live off your lease income alone? What would that take? What would it look like? No, it's not a get rich quick scheme, or some kind of snake oil I'm trying to sell, but merely a
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investment: Demography, Geography, and a Long Term Real Estate Perspective - 04/03/09 11:05 AM
If you're one of the four people in the world considering investing in real estate right now (five including me), you're probably looking to make the safest bet you can. While short term investment returns are pretty basic to predict, as the market won't shift much over the course of a few months, it's a different story if you're looking to sign a lease agreement and settle in for the long haul. What would a safe bet look like, over a long investment period? This being an age of bu11$hit litigation and nervous legal disclaimers, let's start with this: there ARE
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investment: How to Succeed in Real Estate without Really Trying - 01/24/09 11:49 AM
Real estate can be an infinitely fun and lucrative business, but it can also be tedious, litigious, and miserable. Fortunately for you, there are some things you can do to keep yourself in the territory of the former. First of all, we're going to recite a cliché for a moment and restate that less is, in fact, more. More properties means more opportunities for something to go wrong (and believe you me, things DO go wrong in real estate all the time), so you'll want to minimize the number of your real estate transactions and maximize your profit from each. For
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investment: How to Buy Real Estate Investment Properties at Foreclosure & Other Auctions - 10/27/08 02:52 PM
A lot of people talk about buying real estate for a steal at foreclosure auctions, and most of them have never actually done it. From someone who actually has, here are a few tips. Tip Number 1: observe a few auctions before bidding. On the most basic level, you’ll need to understand the procedures; showing proof of funds for deposit, understanding what they're talking about in the legal description, etc. Beyond all that, though, there’s a rhythm to auctions, and you need to get a feel for it. Tip Number 2: Be prepared. Would you go bid on a
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investment: Real Estate Investment Strategies – Part III - Cash Flow - 10/02/08 11:30 AM
Some real estate investors are interested, not in a one time payout (now or in ten years), but in earning a consistent, monthly income from their properties. Who hasn’t daydreamed about living solely off of their investments, off of passive income? It’s a tantalizing dream, and one I intend to make a reality. So where does one start, on this journey from working for a lousy wage to earning income while tanning on a beach? Start from the following concept: maximizing cash flow, specifically maximizing the cash flow from each specific property. Because, as we’ve seen, landlords are targets
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investment: Long Term Real Estate Investment Strategies – Part II - 09/18/08 04:37 PM
In some ways, long term real estate investment is easier than short term investment, because landlords remain somewhat immune to periodic spikes and dips in the real estate market. They also have a longer period to recover costs and allow the property to appreciate, if their expenses goes over budget. That all being said, there are certainly plenty of pitfalls for landlords and other kinds of long term investors. Lawsuits are constant threat, since the ownership exposure is so much longer, and tenants love to sue landlords (see here for Landlord Legal - How to Protect Your Real Estate Assets).
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investment: Real Estate Investing Strategies - Part I - Short Term Investments - 09/02/08 04:12 PM
Real Estate Investing Strategies People who invest in anything, whether it’s real estate, commodities, futures, etc., all have different financial goals. Some investors look for long-term profits, others look for short-term gains, still others try to create cash flow. Here’s a brief look at the investing strategies associated with each, in several installments, starting with short term real estate investing. Short Term Real Estate Investments: Contract Flipping or Renovation Resales So, you want to invest in real estate and get paid within, say, six months. There are really two avenues available to you: flipping real estate purchase contracts and
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G. B. Davis
Towson,
MD
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Hyperopia Investments
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Real estate investment is scary. Ok, not really, but that's where the blog comes in. An inside look at investing, property management, being a landlord, and avoiding the not-so-fun stuff like, say, getting sued.
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