Fixer Jay's Mom & Pop Millionaire Blog

Making money with real estate anytime, anywhere

THINK AHEAD ABOUT THE FINANCING

Woman looking into distance whilst thinking

THINK AHEAD FOR MORE PROFITS

What I do, and what I recommend for you, is to mentally sell your property at the same time you are negotiating to buy it.  In other words, think ahead to when and how… Continue reading

LANDLORD EDUCATION WORTHWHILE

Landlord Education
 Landlord Education

 

Many small-time “Mom & Pop” investors pass up the opportunity to earn a lot more money with their investments simply because they fail to see the importance of learning to become a skilled landlord. … Continue reading

ALWAYS INSIST ON TIMELY RENTS

 

Collecting the rents should be your proudest moment! It means you selected a tenant who can pay you! Collecting your money is first priority and you need never defend the reasons why! Many new landlord­ owners feel they must… Continue reading

OVER FIXING IS WORST INVESTOR SIN

 

 

Daniel Webster said: “The world is governed more by appearance than by reality.” And, that’s exactly how your customers will judge your house fix-up job. If you spend $5000 working under the house, you can consider that money… Continue reading

NOTHING DOWN LIKELY MEANS NO PROFITS

 

Many neophyte investors have made the mistake of buying marked-up houses for no money down. They automatically assumed they could earn a profit because no cash was invested! With high mortgage payments and short-term balloon notes, their dreams of… Continue reading

MOLD BY A NICER NAME

MOLD PHOTO

Don’t Call It “MOLD”

When a tenant calls in with a mold problem – don’t dilly-dally around debating the issue!  Instead, go out quickly and determine what the problem is!  If you see mold, haul out the bleach… Continue reading

EMOTIONS CAN KILL THE DEAL

emotion 2EMOTIONS CAN KILL THE DEAL

Negotiating to purchase real estate can be a downright intimidating experience for the weak-hearted, worse yet, the results can end up a total disaster with both parties won­dering exactly what went wrong! What mostly goes… Continue reading

THIS BOY NEEDS ECONOMIC LESSONS

My good friend’s son, Albert, paid $100,000 to work for Applebee’s Bar & Grill. After four years of college and a $41,000 unpaid school loan, he’s now the assistant manager. Since he’s barely making the interest payments, he’ll be on… Continue reading

TENDER LOVING CARE IS HARD TO BUY

Why not hire out the management?  The answer is…. No one shares the same level of motivation as an owner. Remember, its owners who borrow money against their homes. Its owners who invest their entire life savings trying to… Continue reading

DON’T PLAY HOUSE WITH FIXER UPPERS

 

Whatever you do, don’t play house with your fix-up plans and don’t spend more than 10 percent over your original cost estimate. Both of these “don’ts” are not the easiest advice to follow. Don’t expect to get them right… Continue reading

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Managing Tenants and Toilets  
Stay Tuned For 2014 Seminar Date...NEW LOCATION...SACRAMENTO, CALIF.

sign up today! See Fixer Jay At: 2014 Book Tour, LIVING THE DREAM. Stay tuned for dates and cities.

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