Jody Wall Realtor Blog

Real Estate Investing LiveWe are preparing to take our Real Estate Business Videos live.  We will go through the entire behind the scenes process of how to run a real estate business.   You will see usEvaluate property and comparable valuesEvaluate profit potentialView properties with us and make...

I will discuss the tax implications  of tenant rent non-payment. You will learn what you can deduct and what you can’t.Depreciation, Maintenance and collection expensesDepreciation of the property is not affected by a tenant.  You claim depreciation regardless whether the property is rented or no...

 Avoid Obamacare Tax: Another reason to be a real estate professional Avoid the Obamacare tax and save 3.8%.  This strategy has a huge impact on your bottom line.  In my article How to claim Passive Loss Limitation Exemption on being exempt from the $25,000 passive loss limitation, I detailed the...

  Property Rehab BudgetSo you’ve found a 3-2-2 in a trendy area with a good school zone. Now you want to know how much to offer. The only way to figure that out is by estimating the repair cost. Learn how to estimate big ticket items when preparing your property rehab budget.Number 1: Does it nee...

Memes from IMGFLIP.COM

 Your tenant has a late rent payment.Late rent payment can put you in a financial bind.  The best solution is to have a plan before the situation happens.  We have a three step process for dealing with late rent payments.  It centers on our lease and execution of it.  Rental property is our busin...

  Collecting RentCollecting rent is the goal of your property business.  It is the fruit of the labor with respect to renovating and leasing the property.  Being a landlord doesn’t mean you have to be callous. It’s important to be cordial, prompt and exact in every encounter with your tenants. Ho...

Create a house rehab budget  Rehab budgets are critical to your success.  At the end of the day the two biggest factors which determine your profit for rental houses are the price you paid per square foot and the price you charge in rent per square foot.   Your cost doesn't just stop at the purch...

DFW Real Estate Market is hot. The July Statistics show sellers in control.  The Dallas Fort Worth real estate market is still hot and shows no signs of slowing anytime some. The most striking metric is the number days on market. The days on market average for the DFW area is 36. This is down 7.7...

Staging increases sales price and reduces time on marketLearn why staging your home increases your sales price and speed of sale.  The video explains staging a house for selling and when to do it.    ScriptThis is Kevin Wall with Jodywallrealtor.com.What if could you could earn an extra 10% retur...