Podcast #15 – 9 Turnkey listener questions Part 1
I hope I’m not typecasting myself into just the turnkey or out-of-state hybrid (with agent assistance) dude. I see myself as an improving investor who does not know everything and building my network and experience to do bigger and better investments. Questions from the Hopper: Are you visiting these locations at any frequency and for […]
Podcast #14 – 22 Questions To Ask A Turnkey Provider
The turnkey world was explained in this previous post. If you are going down this passive investing path, here are some questions to ask. This is not an interview, but simply a conversation starter. Use the salesman to educate yourself and exercise your BS-Detector. A lot of people ask me who the people to work […]
Podcast #13 – Guest on Joe Fairless (BEST EVER) Podcast
I was a guest on the Joe Fairless Podcast, how I got started, and a bit about turnkeys and trench drains
Podcast #8 – Three Ways To Calculate Cap – Expenditures… So You Don’t Get Screwed A Year Into The Future
Are you aware of Cap-Ex or Capital Expenses the big unknown in your deal analysis spreadsheet. Learn 3 ways to calculate Cap-Ex… So You Don’t Get Screwed a Year Into The Future Blog article with all the charts. Sign up for the e-newsletter with your email to get the Cap-Ex spreadsheet.
Podcast #4 – Buy All Cash or with Leverage
Do not buy properties all cash. I don’t care even if you are in the endgame part of your strategy. The real risk in having so much equity in your properties. The real security is having cashflow.
The (RV Ratio) Rent-to-Value Ratio: 1st Step in Deal Analysis
When you’re considering buying a real estate property or looking into the real estate market, either you’ll live in it (primary residence) or make it a rental property (investment property), do you take into account any metric that will streamline your decision-making? Visualize Tinder. Yes, the dating app! When you look upon people to hook […]
My Rental #4: Birmingham
I promised real life properties and updates and here is the first one. For obvious reasons, the address will not be released for the tenant’s privacy but I am renaming the properties with the city name (Birmingham, Alabama) and the corresponding number that it was acquired. This property was put into service in September of […]
Don’t Forget! Capital Expenses “Cap-Ex”
Podcast Version Capital Expenses (Cap-Ex) are the large items on your expense list that are not repairs or maintenance. I repeat, this is in addition (account another 10-20%) to your normal repairs/maintenance for minor components. Cap-Ex is for example roof, water heater, HVAC, flooring, paint, cabinets, landscaping, windows, etc.