"we love mom & pop real estate investors"
To make the big bucks in this business, you must hold onto your rent-producing properties. Flip-flopping and selling off assets might sound a little more sexy, but its short lived at best. Selling works in direst opposition to retaining income depreciation credits and avoiding the tax collector. … [Read more...]
When you acquire rundown real estate - then move in quickly and do the fix-up. You add immediate value! I often refer to myself as an ADDING VALUE SPECIALIST. When you buy in cheap and quickly add value, --- you increase your equity much faster than waiting for appreciation or natural cause’s to do … [Read more...]
Almost every investor I know has paid too much for income property. It happens more frequently when we first start out. There is almost no defense against paying “too much at least once or twice. I've done it more times than I care to admit. However, in my case, buying multiple units fix-up … [Read more...]