Investing in real estate can be a life changing endeavor, but it is important to understand what you are getting yourself into and when to walk away from a deal. If it seems too good to be true, it probably is. Here are five red flags to look out for so you know when to walk away. Continue reading
Owning rental properties is a great way to supplement your income. Finding a great agent and buying the right property is only part of the formula, however. Once you own your property, you have to find and screen tenants to ensure your valuable investment is protected. Using tenant metrics is the best way to objectively know your property is safe.
Finding any tenant using Craigslist, Zillow, or other listing services may seem like a lot of work, but cleaning up after a bad situation can be much worse. Here are some metrics to screen new tenants before you sign a lease agreement. Continue reading