Take a Tour of Our Rental Property that Cash Flows $460 a Month.

  We recently had tenants move out of one of our rental properties.  In the midst of taking account of what needed fixed and/or updated before we rented it out again, we took a tour of it so that you could see a realistic rental property.   When the previous tenants moved out we had…

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Buying a Property That Guarantees Over $10,000 of Cash Flow In The First Year: Part 1 of 4

I thought that I would write a blog post that is a little different today and share with you the deal that we are currently working on.  My husband and I are currently working on a new type of deal and I want to walk you through our whole process as we ourselves go through…

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Make Your Contract Work For You, 8 Key Factors That You Must Consider

  When it comes to helping your realtor draw up the contract there are a number of factors to take into consideration. Local Comparable You and your realtor should look at other properties that are similar-square footage, bedrooms, bathrooms, year built, location- Your realtor should prepare a CMA (comparable market analysis) that encompasses all of…

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Always Screen Your Tenant-Because This Could Happen To You

  We are in the process of finding a new tenant for one of our rental properties that we recently updated.  Just this week we had a “close call” with a tenant that reminded me how important it is to follow the process that you put in place when screening tenants. What to Look For……

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Can’t Get Out to Property Shop, Check Out Some Realistic Pictures of Properties We Viewed

We recently spent a Saturday afternoon viewing property in Pennsylvania.  Although we live and invest in Virginia currently, we have been looking to diversity our portfolio and invest in the area where I grew up.  Since we are usually back visiting family once a month, having a rental property there would work for us since…

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Tax Season is Finally Over…What You Need To Know For Next Year

Tax time of the year can be such a drag for a lot of people.  Although it is a time to financially reflect on your year, it also is a time that can cause a lot of headaches if you haven’t stayed organized throughout the year.  Whether you complete your taxes on your own or…

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This One Thing Saved Me $6,050

  When buying a new investment property investors are left with the decision of whether to purchase a home warranty in addition to all of the other fees and expenses we face.  Often, in an effort to save money during closing time, where it feels like all you are doing is digging into your pockets,…

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The Pros and Cons of Student Rentals- Look Out For Pro #1

If you remember your college days, I’m sure you can think of some of the great places you may have lived or some of the oh so scary places that some of your friends lived while in college.  I can vividly remember walking into the ‘Baseball House’ one night and nearly gagging when I walked…

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Be Careful About Being Too Picky When Choosing Your Tenants

  Are you just about ready to find your first tenant?  If so, take note of this important law in regards to finding a tenant.The Fair Housing Act, established in 1968 by HUD, was established to provide equal opportunity for housing to various groups of individuals.   As an investor landlord, you cannot discriminate against…

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How To Buy A Rental Property in 9 Easy Steps

  When you are starting out, you may have no idea where to even begin.  I know, I was there!  Although it may seem very overwhelming, we’ve simplified the process into 9 steps.  Follow these 9 steps and you will have your own rental property and have money coming into your pocket! Download This 9…

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