As an investor, you want to make sure you buy property in an area that’s going to give you the best ROI—and be a profitable investment for years to come.There are plenty of factors to take into consideration when choosing where to invest, from home values to rental prices to inventory. But if you …
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How Much Should I Charge for Rent in North Texas?
When it comes to managing rental properties here in North Texas, there’s not many things as important as nailing the pricing. If you price your property too high, it attracts the wrong kind of attention. Chances are, you’ll attract people who are willing to pay a higher price — but only because …
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Do You Need a Real Estate Investment Team?
The most successful people in the world all have one thing in common — they have an incredible team in their corner.For a real estate investor, the right real estate investment team can mean the difference between floundering investments and huge success. But what, exactly, does the right real …
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Why You Should Hire a Busy Property Manager
There are so many good reasons to hire a property manager.They find the best tenants, manage all the maintenance and repair issues, collect rent, give your property credibility...Basically, their job is to make your life easier. And who doesn’t want that?When you’re getting ready to …
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How Often Should You Inspect Your Out-of-State Rental Property?
As an investor, you want to make sure you’re staying on top of your properties — and the best way to do that is through regular inspections.When you perform regular inspections on your properties, you can catch any potential problems (like foundation issues, slab leaks, or water leaks) before they …
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How to Buy and Rent Investment Property With a Business Partner
There are a host of benefits to working within a real estate partnership. When you work with a business partner, you split all the expenses for your investment (like property taxes and repairs) right down the middle. When you work with a business partner, typically there are different …
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The Property Owner’s Guide to Renting a House with a Pool
Ahh, summer. It’s the perfect time for getting outside, enjoying the sunshine, and — depending on your property — taking a dip in the pool.Having a rental house with a pool can be a major asset in the heat of Texas summers. Not only can they add some serious value to a property (and demand …
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5 Helpful Google Earth & Maps Tips for Real Estate Investors
Back in the day, investing from a distance was tough. It was hard to get a good feel of the area, the property, and the city unless you got in a car (or plane!) and traveled there.But thanks to technology, today, it doesn’t matter where you are — you can get an up-front and personal view of a …
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How to Avoid a Bidding War When Buying Investment Properties
I want to kick things off with a good old-fashioned embarrassing story.When I was 14 or 15, eBay was the “new big thing.” I was on eBay searching for some Ralph Lauren Polo shirts (also a big thing at the time) when I found a 3-pack of shirts. I put in a bid and it looked like I was going to get …
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3 Risks of Owning Rental Properties (And How to Avoid Them)
In terms of investments, rental properties are definitely on the low-risk end of the spectrum.But low-risk isn't the same as no-risk. There are definite risks associated with buying and owning rental property.You could choose the wrong property.You could underestimate the costs and expenses of …
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