Getting Started in Real Estate Investing
We had a great meeting with our potential real estate investing business partner. I wasn’t sure what to expect, but I was pleased with the outcome. We had a very open and honest discussion about...
View ArticleClosing on Our First Rental Property
We’re closing later this week on a 3 unit, 100 year old rental house. It’s in a prime location, close to the university and hospitals. It’s currently rented until summer of 2010. (In the area, leases...
View ArticleAn Auction Experience to Remember
I went to my first auction! If you were following my updates on Twitter, you could probably sense some of the excitement! It was amazing that we landed another property, just days after Closing on Our...
View ArticleReaders Share Tips for Making Lowball Offers on Homes
I asked you to share your successes and failures with low ball offers. And like always, you came through with incredible stories, tips, and strategies that are very helpful for anyone considering...
View ArticleMaking an Offer on a Vacation Home
We’re back from our Vacation Home Shopping Trip! And I can’t thank you, my wonderful readers, enough! I took with me all of the data points that readers shared tips for making lowball offers. We...
View ArticleHow to Calculate Real Estate Investment Returns
What was the return on our real estate investments? As I update all of our investments for year end (it takes me until April, because many of our accounts don’t send year end statements until then), I...
View ArticleThe Basics of Home Ownership
I recently got on Twitter to ask my followers what they would like me to talk about next. One friend told me they wanted to know about home ownership. That is a very broad subject so I’ll start with...
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Alternative to Becoming a Landlord
There is a lot of talk about buying investment properties with housing prices still recovering from the housing bust. Buying an investment property can be an exciting and fun challenge (and more work...
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Refinancing Rental Property While Rates are Still Low
When I bought my first home, I was excited to take part in the American Dream. Unfortunately for me, this occurred at the peak of the housing bubble. When I purchased my house, I put 10% as a down...
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6 Things to Consider Before Buying a Second Home
My wife and I are dreaming. We would love to own a second home. Not for rental income purposes, but for a place to get away. While the idea sounds simple enough, it really isn’t. There are many other...
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7 Truths About Real Estate Investing
Back in the early 2000s investing in real estate was the sure path to wealth. Then the bubble burst. A few years later, you started to see books and hear infomercials telling you how real estate was...
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