The Big Picture On How To Buy A Fixer-Upper Fixer-uppers are properties that need a little TLC before being ready for occupancy or sale. Buying fixer-uppers presents investors with several notable advantages, like the potential of a massive payday. However, the...
Emma Dudley
Who Pays Which Closing Costs on Real Estate?
The Big Picture On Who Pays Which Closing Costs On Real Estate: As the name suggests, closing costs are fees that are paid to close a real estate transaction. There are several types of closing costs, like appraisal, loan origination, inspection, survey, and escrow...
What Landlords Need To Know About Emotional Support Animals And The Fair Housing Act
The Big Picture On Emotional Support Animals And Fair Housing Law For Landlords: Landlords must accommodate Emotional Support Animals (ESAs) under the Fair Housing Act, setting them apart from typical pets. ESAs differ from service animals because they do not require...
How to Use a VA Loan for an Investment Property
Real estate investing requires money, and usually more than we like when buying an investment property. Fortunately, you can leverage other people’s money to buy our own assets. But navigating the world of investment property loans is stressful and oftentimes...
Average Property Management Fees: Common Costs & Negotiation
Becoming a landlord is stressful enough without getting nickeled and dimed by property managers. When you hire a property manager, you delegate the labor of advertising vacant rentals, screening tenants, signing lease agreements, and collecting rent to them. For the...
What Is Gross Rent Multiplier? How to Use GRM in Real Estate
Sometimes it feels like real estate investors use too many ways to measure returns. Are they all really necessary? What is gross rent multiplier anyway, and why should investors bother with it? While a blunt instrument, gross rent multiplier (GRM) offers an easy,...
How to Deal with Bad Contractors
Working with contractors ranks among the hardest parts of real estate investing. However, as a real estate investor, unless you have a property manager, working with contractors unavoidably comes with the job whether you are building a property, remodeling or making...
When Can Landlords Break a Lease Agreement?
In most cases, landlords cannot break a lease agreement mid-term. For that matter, tenants aren’t allowed to do so either, even if they often get away with it. It’s hard to chase down tenants and actually collect money for early move-out. Here’s what landlords need...
How Many Mortgages Can You Have as an Investor?
While homeowners don’t typically have to worry about how many mortgages they can have, real estate investors do. They don’t just want a primary residence and maybe a second home — they want to build a portfolio of as many income-producing properties as they can. And...
How to Become a Property Manager: And How It Makes You a Better Investor
Think property managers just cash rent checks and periodically yell at wayward tenants? In reality, property managers oversee the entire leasing cycle from advertising vacant units to screening rental applications to managing repairs to filing for eviction. If you...