First things first: we want to make it clear that even though this post is going to be covering property management accounting basics, we are NOT accounting. If you have any questions on property management accounting or how it relates to your investments, get in touch with a CPA in your …
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You Purchased a Tenant-Occupied Investment Property – Now What?
So, you just bought a tenant-occupied property – congrats! But now the excitement's over and it’s time to get to work.First Steps After Buying A Tenant-Occupied HouseYour first steps when managing a tenant-occupied property affect your overall success. Here’s what you need to do to get off on the …
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What You Should Know About Raising Money for Real Estate Investing
Cash money is the best money, right? Even though a house costs the same no matter how you pay, cash gives you more options. With cash, you don’t have to use the entire amount towards one property. Instead, you can diversify your investment and bring more return. So whether you’re looking to hard …
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How to Become a Successful Real Estate Investor: 8 Lessons From the Pros
As an investor, you know that knowledge is everything. The information you collect, the data you consider, and the wisdom you apply are all factors that help you identify profitable investments and keep them earning cash.Many investors learn from their failures. They fret over a bad tenant, stress …
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The State of the Dallas-Fort Worth Real Estate Investment Market (2017 Economy Guide)
Investing isn’t something to take lightly, especially when you’re dealing with real estate. There’s much to consider: How much do I want to invest? How long until I see a return? What will the market do? How difficult will it be to rent? When should I buy?All fair questions — some more difficult to …
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How to Find an Investor-Focused Realtor for Investment Properties
If you Google "goals", you'll literally get 900 million results in less than a second.We know their importance, strive to set better goals — SMART goals — and work on the discipline we need to achieve them. We know goals trigger behavior, guide our focus, and sustain our momentum (like this Forbes …
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How Much Money Do You Need to Start Investing in Real Estate?
As a new investor, you have a lot on your mind. And money is undoubtedly at the top of that list.If you’re looking to start investing in real estate, here's just how much money it’ll take.Before You Get Started...Before you look for a real estate investment, make sure you have all other obligations …
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What Foreign Investors Should Know Before Investing in U.S. Properties
According to Greek philosopher Heraclitus, "Change is the only constant in life." It’s also the only constant in real estate. Real estate laws are always changing, and if you’re buying from across the globe, it’s easy to get held up for something you didn’t realize was wrong. If you plan to …
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How Much Will Rental Property Repairs Really Cost You?
Rental property repairs typically show up when you least expect them, wreaking havoc and hurting your bank account. So, if you’re considering buying a property (or if you own one you want to rent), don’t forget to include estimated repairs in your budget. Repair costs may not be as predictable as a …
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5 Real Estate Investment Secrets that Home Makeover Shows Fail to Tell You
It’s always fun to watch a house transform from disaster to dream home, especially when it’s done in a 30-minute TV block. While you’re at home (sitting near one of your own unfinished projects), you see people take a home no one would live in and, with a little dust and elbow grease, produce a …
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