Get my FREE Rental Property Evaluation Worksheet 

Stop Guessing and Start Knowing how much your property is Earning you!

 

 

From The Blog...

May 20, 2017

Why did they do it?

The real estate market is having a record-breaking year. Agents are selling their listings in literally hours on the market instead of weeks and months. Yet when reading some of the comments on various social media posts like Twitter and Facebook, you’d think the world was falling apart, planets are about to collide and millions are about to die Agents complaining about how other agents aren’t changing their status in the BLC fast enough to reflect accepted offers. Agents complaining about how inspection responses from Buyers are ridiculous and out of control. Multiple offer scenarios and issues with paperwork. Buyers complaining about a lack of homes to buy. I’m calling Time Out.  Let’s all take a deep breath and drop our shoulders a half an inch before we all get a migraine.  Perhaps it’s time we reflect on just how damn good we have it.  We live and work in a […]
April 28, 2017

Situational Awareness & Your Personal Safety

Today’s blog post is related to your personal safety.  PLEASE PLEASE PLEASE take a few minutes to read this information and incorporate it into your personal and company protocols. Dear Colleague, I am writing to share tragic news from South Bend, where a REALTOR® was brutally attacked and raped last Thursday afternoon while photographing a vacant home (not preparing to show the home or meet a client as the article says). The REALTOR® is a member of the Elkhart County Board whose Association Executive, Julie Alert, told us that an alarm sounded during the attack which caused the attacker to flee and neighbors to call the police. Police arrived to find the REALTOR® unconscious in the basement of the home. No arrests have been made.  Please take a moment to share this news with everyone you know in the industry, so that it may serve as a reminder that safety precautions are […]
April 25, 2017

If you are in the real estate business and don’t own rental properties….smh.

I was chatting with a lady at a local association meeting who was nervous about her retirement coming quickly in less than 10 years.  She was, as many folks just like her, not prepared financially to put up her spurs and sip on a fruity beverage on a beach.  After lots of dialogue, it hit me like a ton of bricks. This person owned zero real estate besides her home.  And she is a licensed REALTOR.   Why would a person in the industry not take advantage of the unique opportunity they have to increase their wealth?  It boiled down to ignorance and fear for her. Literally sat there shaking my damn head…. So, the question on the table is this: Should you invest in rental properties for income when you retire? My short answer is this: 90% of you in this audience probably fall into the damn ignorant stupid foolish category if you […]
April 18, 2017

Surprising things once you retire…..

We’re all racing towards Financial Freedom. Here’s an interesting article by a fella who arrived there early and the 10 things that surprised him once he quit his job. Enjoy and here’s to your pursuit of Financial Freedom! http://www.businessinsider.com/early-retiree-shares-10-things-that-surprised-him-after-he-quit-his-job-2017-4?utm_content=bufferdc7c8&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer-ti
April 18, 2017

What if the rental market had a “Correction?”

Here’s the latest rental stats….like previous months, not much of a surprise as the rental market metrics continue to be strong. YTD Rental Stats But what if the rental market in your area had a major correction? How would you survive if the rental prices for your properties dropped by 30%? Do you have sufficient cash reserves to ride out extended vacancy months of 3, 4, even 6 months? Do you know what your Break Even is on each of your rental units? And Here’s the most important question: If you don’t know the answers to these questions, what do you think your mental anxiety will be like and your level of stomach acid will be like when we DO have this correction?  
 

DON’T HAVE TIME TO CHECK THE SITE EVERYDAY?
I’ll email you the articles from this week automatically.