No Comments

Top concerns about buying a property with tenants

Some investors are hesitant about even thinking about buying a property with existing tenants because they don’t want to deal with the previous landlord’s headaches. They have fear around the hidden costs that they may encounter with tenant-occupied properties.

In this video, I will share the legitimate concerns and how to work around them to get a good deal when you buy a property with tenants.

[0:51] #1 Inheriting other people’s headaches

[1:57] #2 Limited information about the tenants

[4:07] #3 Hard to get rid of tenants

[5:09] #4 Challenge of managing the transition

[8:22] The tenant is also evaluating you as a potential landlord

No Comments

How to choose the right mortgage lender as a real estate investor

Many new investors make the mistake of talking to the wrong lender for the deal that they have at hand. Every mortgage broker whether traditional or hard money lender or even your local credit union is not equal for all real estate investment opportunities.

In this video, I will share important things to include in the discussion early on to determine whether you are meeting with the right lender to support your real estate investing journey.

[1:30] All pre-approvals are not equal…

[3:13] Discussion point #1: What type of property is it?

[4:20] Discussion point #2: How will you use the property?

[5:09] Discussion point #3: What is the condition of the property?

[7:15] Discussion point #4: What is your experience?

[9:17] Discussion point #5: What is the source of your personal contribution?

[11:43] Avoid the lender who overpromises

No Comments

Questions to ask an investor-friendly agent – Part 2

How do you identify an investor-friendly real estate agent? If you are a newer investor or one that is thinking about scaling your real estate investment portfolio quickly, having an investor-friendly realtor on your team can help you avoid rookie mistakes.

In this video series, I will cover the questions that you should ask to make sure that you hire an investor-friendly agent. Part 2 covers 2 of 5 top questions:

[0:27] Value of investor-friendly agent as a newer investor
[1:40] Q4: Understanding “the numbers” that smart real estate investors care about
[3:07] Q5: Knowledge of various real estate investing strategies that work in your market
[4:26] Other financial resources to support your success in real estate investing?

No Comments

Questions to ask an investor friendly agent – Part 1

How do you identify an investor-friendly real estate agent? If you are a newer investor or one that is thinking about scaling your real estate investment portfolio quickly, having an investor-friendly realtor on your team can help you avoid rookie mistakes.

In this video series, I will cover the questions that you should ask to make sure that you hire an investor-friendly agent. Part 1 covers 3 of 5 top questions:

[0:35] Value of a hiring realtor that specializes in investors
[2:25] Q1: How often do they work with investors?
[4:10] Q2: What is their experience helping to buy or sell tenant-occupied properties?
[5:26] Q3: Do they personally invest in real estate?

No Comments

Your financial goals and real estate investing

In this video, you can learn how you can match your financial goals to potential real estate investing strategies. To figure out if real estate investing is right for you, you have to know your WHY first. Once you understand your top priority personal financial goals, you can pick the best way to become a real estate investor.

You can learn real estate investing strategies that may be a good fit for you whether you want to:

#1-Create a nest egg
#2-Add a new stream of income
#3-Earn a higher return on cash

No Comments

Narrowing down your neighborhood criteria for real estate investing

Do you want to get started investing in real estate but you have a big question mark around which neighborhoods? You hear good things about a lot of neighborhoods and you don’t want to “miss out on a good deal” by excluding any.

Watch this video to learn about narrowing down your target list of properties so that you can make more offers and start buying more properties.

[1:13] Overview
[2:08] Advantages of focus in the early stage
[3:41] Criteria #1: Inventory of YOUR desired properties
[5:07] Criteria #2: Investor-friendliness of the municipality
[6:11] Criteria #3: Target tenants
[7:39] Summary

No Comments

5 Things To Consider Before You Manage Your Own Rental Properties

Are you considering buying rental properties and managing them yourself? Many people dream of owning rental properties but are not sure whether they are ready to manage the properties on their own. Before you take the leap to be a hands-on landlord, it is important to understand what is required beyond collecting the money at the beginning of each month.

If you are thinking about managing your own rentals, watch this video which covers five things you will need to consider

[2:16] #1: How will you handle tenant screening
[3:46] #2: Which lease will you use?
[5:02] #3: How will you handle maintenance issues?
[6:29] #4: Which local legal requirements do I need to worry about?
[7:39] #5: Do I have the right mindset for the rental business?

No Comments

Selecting your real estate investing dream team

If you are new to real estate investing, you may not have your real estate dream team of advisors yet. Don’t risk stepping on investment landmines flying without your real estate investing A-team.

[0:00] Intro and overview of the importance of real estate advisory team
[1:44] Your realtor
[3:25] Your contractor
[5:10] Your lender

No Comments

Why you should start real estate investing?

Are thinking about getting started with real estate investing? If you want to hear another perspective on the benefits of investing in rental properties, watch this video.

If you are already investing in your 401K, this video reviews why you should add real estate investing to your financial portfolio.