Fixer Jay's Mom & Pop Millionaire Blog

Making money with real estate anytime, anywhere

Landlording Requires Skills

Many small mom and pop type investors give up the opportunity to make a ton of money and have a wonderful free come and go lifestyle simply because they never see the importance of learning to be a skilled landlord.… Continue reading

Agents Can Make You Money

real estate agent

An Agent Can Be A Tremendous Asset

 Real estate agents are the eyes and ears of the real estate business. I’d be hard pressed indeed to think of any successful investors I know who got that way without benefitting… Continue reading

It’s Foolish To Avoid Commissions

foolish

DON’T AVOID COMMISSIONS

I pay real estate commissions if agents bring me good deals.  Real estate wealth has nothing to do with stiffing agents.  If you get the reputation for being a “tightwad,” you could lose out on… Continue reading

Cash Flow Gives You Choices

Pencil with "Y" Circled For Yes

NOTHING COMES AHEAD OF CASH FLOW

When you own the houses, you have your own personal money machine!  Obvi­ously, you must maintain the property and provide the necessary management.  But, in exchange for doing that, you control the… Continue reading

Seller Financing Best

OWNER WILL FINANCE
OWNER WILL FINANCE

Seller Financing Is Best

Financing is the biggest expense item for real estate investors.  And, it’s the folks who loan the money who have most to say about what you buy and how much you’ll pay.… Continue reading

How Much Risk?

risk

How Much Risk Is Acceptable

In terms of investment risk, rental pro­perties are about the safest kind of invest­ment you can make.  Residential renters are easier to attract than commercial tenants.  Houses are considered a basic necessity of… Continue reading

Longest Term Mortgage Best

the dream

Get The Longest Mortgage You Can — This Creates Big Profits

When you acquire properties with financing, you should always insist on long­ term pay backs.  The longer the better, but nothing less than 10 years.  Be very… Continue reading

LANDLORDS MUST STICK TO BUSINESS

MATH PROBLEM

STICK TO BUSINESS

Avoid personal conflicts over such matters as lifestyle, housekeeping (inside) and moral issues.  They are not your business.  If you feel compelled to change your tenant’s lives, try praying for them.  All matters relating… Continue reading

SOLVING PROBLEM’S CREATE BIG PAYDAYS

the idea!

BIG PAYDAYS SOLVING PROBLEMS

People problems and property condition are the most common factors that determine how weak or how strong your offer needs to be.  As you look back from time to time, wondering if you didn’t give… Continue reading

SHACKS OR CASTLES…HABITABILITY APPLIES

Abandoned home

HABITABILITY IS THE KEY

It doesn’t matter whether you rent $100 shacks to deadbeat tenants or $10,000 a month castles, to kings.  The rules are exactly the same.  In pro-tenant states like California, there are several penalties for… Continue reading

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