“At what point should I hire a property manager?” Sooner or later, most real estate investors question whether to hire property management to make their rental income truly passive. I did, and I decided that for me professional management was almost as important as...
“Possession is nine-tenths of the law.” Adverse possession of property — squatters’ rights — is commonly accepted in countries around the world. In fact, much of the American West was settled by pioneers who moved onto vacant land, built a home, and began raising...
People talk about real estate wholesaling almost as if it's cheating. Too good to be true. But what is a real estate wholesaler, anyway? Real estate wholesalers never actually own the properties they put under contract. Instead, they simply flip the contract to an end...
Despite the promises of fast-talking, out-of-town promoters who invite the naive to "free" Get-Rich-Quick seminars in a local hotel, building passive income through rental properties is neither simple nor guaranteed. Real estate profits are limited by the knowledge,...
More Americans are becoming interested in real estate investing. Which means more companies are creating tools to help them do it. In mid-2019, the Wall Street Journal noted that the number of investors purchasing residential property to “flip” – sell short-term for...
“I’m sorry, but you need a regular income and a good credit rating to lease one of our apartments,” Mary Keller explained to the anxious 20-year-old student eager to lease a one-bedroom unit in the popular Harlan House Apartments near the University of Arkansas. The...
Could you live on half your current income? Most people shake their heads and answer that it’s not possible. And yet there was probably a time when you did exactly that; you earned far less than you do today, and you managed to survive just fine. So what happened in...
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