Fixer Jay's Mom & Pop Millionaire Blog

Making money with real estate anytime, anywhere

THE WORLD DOESN’T END WITH LEAD PAINT

boomLead based paint was a big worry for all investors who own and operate older rental property. The government claims small children were eating our window sills and, in some cases, ingesting lead based paint manufactured prior to 1978 by… Continue reading

SOME ADVICE IS PURE HOG WASH

nonsense“You might as well realize that the time for opportunity is past.  There’s no longer any use trying to save for investing.  The best you can hope for is to keep a steady job and stay off welfare.… Continue reading

WORKING FOR YOURSELF MORE EFFICIENT

bossWhen I buy an income property for $40,000 less than its true market value using my investment knowledge, how much tax do you suppose I’ll have to pay on the $40,000 I’ve just earned using my buying skills?  Don’t… Continue reading

PAINTING TOP “FOO-FOO” TREATMENT

house painitngFixing for looks is every bit as important as fixing the toilet or the roof!

It’s important to understand that rent and buy decisions are often made in a matter of seconds by folks whizzing by the property in automobiles… Continue reading

SUBSTANTIAL DISCOUNTS

discountWhat is a substantial discount?  You may have trouble believing the numbers I’m talking about.  That’s because few sellers need to drop their prices to these levels.  There are too many dummy buyers with more money than… Continue reading

LOOKING FOR SELLERS WITH PROBLEMS

problemAn important point to remember is that people don’t always tell you what their true motivation is.  An owner who advertises a property seeking a lease option could easily be searching for a way to rid himself of managing… Continue reading

Growth Better Than Starting Over

growing sketchGoing for cash flow as a first priority is one of the most important differences between investing, which is what most of us think we’re doing,and speculating, which most of us should not be doing.  When you have cash… Continue reading

ADDING VALUE CAN SAVE YOU

value, x, y coordinatesPeople often say to me, “Jay, it makes good sense what you say about determining profits up front before buying a property, but we can’t find decent investment properties that show any profits until some time in the future. … Continue reading

INCOME PROPERTY SHOULD HAVE INCOME

profit bag of moneyMany do-it-yourself investors get started on the wrong foot.  They spend too much time running around and looking at differ­ent properties trying to make predictions about their future potential.  What’s much more important, especially for investors with severely… Continue reading

FIX’IN FOR DOLLARS

wrenchAll rundown properties must be brought up to basic minimum building code standards before you can expect them to generate in­come. That’s a must rule for all investment properties.

Sizzle items seldom have anything to do with code problems. … Continue reading

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