Why Patience Pays Off in Real Estate
Why waiting rather than constantly transacting can be more profitable for property owners and rental property investors, particularly in the current market with high interest rates.
Tenant Turnover: The Shocking Truth About Property Management Fees
39 is the average number of fees that property managers are charging tenants. Now I know that's hard to conceptualize. Because it's, it's, it's almost blasphemous in my mind.
How We Market Properties
Ever wondered how to effectively market your property? Whether you're managing it yourself or considering professional help, marketing is key. Today, I’m diving into the nitty-gritty of property marketing, sharing some golden nuggets that can make or break your leasing game
The Real Deal on Depreciation: A Deep Dive for Real Estate Investors
Today, I want to chat about something that gets tossed around a lot in the world of accounting and bookkeeping, especially if you're knee-deep in real estate. Yep, you guessed it—depreciation.
Last Years Mistakes and New Improvements for Better Operations
Today, I'm diving into some of the mistakes we made last year, and what we're doing to fix them for 2024. It's easy to talk about the wins, but the real lessons come from the screw-ups. So, let's get real about the blunders and how we're turning things around.
Shocking Lessons from Acquiring a Property Management Company
Today, I want to share some eye-opening insights from our recent acquisition of a property management company.
We got to open up their books, see everything they were doing, and manage about 120 units from them. So, let's dive into the four key lessons that you, as a property owner or someone looking for management, should focus on.
A Phone Call with Fidelity…
At the end of 2014 I was reviewing my Fidelity statements and noticed something odd…no summary of fees. I called and asked the gentleman at Fidelity if I could have a sheet summarizing all the fees I paid in 2014. He seemed confused by my request and asked exactly what I was looking for. I repeated, “I want to know how much of my money went to paying fees in 2014.” His reply shocked me, “Oh, we don’t do that.”…
Basics of the Stock Market for the Beginner (And the Expert)
Now that you know what the stock market is, let’s learn how to take full advantage of the market returns. After reading this post you will be able to;
• Buy a stock or fund.
• Allocate your own portfolio.
• Understand what index funds to buy for your allocation