Category: Blog

Owning a rental property, if done right, can bring in consistent monthly cash flow. On the other hand, if it is done wrong, it can mean a loss of money and much frustration. If you are planning on buying a rental property, there are several pitfalls to avoid that can land you financially upside down…

Most people desire to achieve certain types of goals in life. They could be personal goals, like smiling more often. Or perhaps professional goals, like making a certain amount of money within a certain time frame. Of course, there’s plenty of goals you can create relationally, financially, spiritually, and so on – it’s human nature…

Whether you’re visiting Chicago for a day, weekend, or longer, there are plenty of beautiful attractions and activities that you’d expect from a major US city. From skyline skyscrapers to the famous John Hancock Center to excellent museums, you’ll find plenty of beautiful places to visit and things to do. Here are some attractions you’ll…

There are plenty of renters who don’t have the kind of credit they need to secure a loan from a mortgage company, yet they want to own a home. If you’re a real estate investor, you’ll want to become familiar with how a lease option can help you and what cons to consider. > Pros…

As a real estate investor, you’re probably well aware that cash flow is essential. You want to earn a high return on your investment and consistent; positive cash flow is one necessary factor to experience such. Now, in calculating cash flow, you focus on factoring in things like property insurance, taxes, mortgage (if necessary), maintenance,…

Having a solid work ethic is commendable, as hard work can be a valuable tool to get things accomplished. In today’s modern world, money is necessary to purchase the basic necessities of life – food, shelter, and clothing for starters. So, it’s essential to make money by working, and it’s honorable. However, there are plenty…

We all need energy to get up and get through our days, and chances are you want a high energy level to easily go about your day with a feeling of vitality to your steps. But maybe you’ve had the kind of days where you experience an ‘all-out energy drain.’ Despite your desire to feel…

As a real estate investor, you’ll more than likely be dealing with BPO’s, or Broker Price Opinions, especially if you’re working with short sales or foreclosures. A BPO is simply a licensed real estate broker or agent’s opinion of the value of a home based on various comps. It’s something like an appraisal, yet not…

I’ve been asked by some students how to find sellers who fall out of bankruptcy and back into foreclosure. Maybe they didn’t follow through with their Chapter 13 bankruptcy repayment plan, and you want to find out who those sellers are. Unless you’re actually tracking a particular property, it can be challenging. There are two…

Before purchasing any real estate property, you’ll want to become familiar with how to calculate estimated profit. You’ll want to know if it’s a good investment, meaning you’ll get a good return on your investment (ROI). You’ll be able to earn a profit by cash flow and appreciation on the home. These numbers will be…