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“Destiny is not a matter of chance, it is a matter of choice; it is not a thing to be waited for, it is a thing to be achieved.” Williams Jenning Bryan, Politician and three-time Presidential candidate

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Why Accounting For Leases Is Crucial For Your Rental Property


Why Accounting For Leases Is Crucial For Your Rental Property

ByTeo Zhenjie
March 29 2009
Whether you are a landlord or property manager, you'll find that accounting for leases will end up becoming one of your most important duties. Do you always take the time and effort to keep track of all of that money coming in and out, and are you diligent about it?
The truth of the matter is that there are plenty of landlords and rental property investors out there that are simply less on task about this subject than they should be, and at the end of the day, this is something that will very easily come back around and bite them when they least expect it.

The person who says something is impossible should not interrupt the person who is doing it". - Chinese Proverb

 

Rehabbing houses-Some tips to unleashing huge profits

Rehabbing Houses: Some Tips To Unleashing Huge Profits

Rehabbing Houses: Some Tips To Unleashing Huge Profits
ByJohn Emmanuel

Rehabbing houses is one of the greatest inventions in the real estate world. Whoever thought of this in the first place must have been an absolute genius.

Rehabbing is simply buying a house that needs some repair 'a fixer upper', doing the work on it and then selling it at current market value for a profit. Sounds simple enough right? Well in some respects it is, but only if you get it right can you see the true potential for making the profits this process provides.

If you don't have time to do it right, when will you have time to do it over ?


7 Tips For Dealing With Tenants


7 Tips For Dealing With Tenants

ByJames Miller
January 24 2009
1) Make them part of the solution
When I get a request for something the that a tenant wants done, but I feel doesn't need to be done. I will often times make them part of the solution. I am not talking about things like a tenant being without ot water, or a broken window, but instead items like repainting a room, or in the instance I am about to describe, a screen door.
We had tenants that were in the middle of their second year with us.

Property Investment - Know The Facts

Property Investment - Know The Facts

By :
Purchasing a property with the intention of renting it to tenants or businesses can be a relatively safe, passive and profitable source of income. There are two ways to achieve a return with rental property investment, one is with the income you receive from rent payments after various costs have been subtracted and the other is with the sale of the property - assuming it’s value has increased since the original purchase.

When the Going Gets Tough: Mindset and the Journey to Sustainable Wealth Through Real Estate.

When the Going Gets Tough: Mindset and the Journey to Sustainable Wealth Through Real Estate
By [http://ezinearticles.com/?expert=Suzette_West]Suzette West
There is an old saying, "When the going gets tough, the tough get going." These words could not be truer in the fight towards achieving a financially sustainable life. For those well-connected people born into the wealthy 1%, it is a cinch to achieve and maintain financial independence. However, for the rest of us, we may have a few barriers to overcome.

Team Building In Real Estate.

Team Building In Real Estate Investing
ByJamel Gibbs
November 13 2010
In the real estatebusinessyou can't do everything by yourself if you want to successful. You will need a team that can assist you in the areas that you are rough around the edges with. A foundation is not built with one person. A foundation is built with a group of people working towards the same common goal. Although the team is working together, there is always a team leader. In your real estate business you must be the team leader.

Craigslist & Real Estate. Tips for users

By :

I am a realtor and leasing agent in the downtown condo market in Minneapolis, MN. I have found over and over that Craigslist, with 50 million American users, is a wonderful way to help people find terrific rented condominiums at prices they can afford.

However, the Internet inherently carries some risks. The anonymity of the virtual world occasionally can promote wrong behavior. When that happens, real people are affected.

In a common ploy, Craigslist operators will lift actual addresses and photos of properties listed for sale on MLS-driven web sites.
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