If you own and manage rental properties, you might be tempted to get out of town sometimes. Maybe even travel to another country, or go camping off grid?! Especially if you own rental properties for the freedom that the passive income promises, you will eventually want to flex that freedom! But what to do about the properties when you’re...
Some days are better than others, for sure. When you’re working towards a goal, whether it be early retirement, making passive income with Real Estate, or hiking up tall mountains, (which are my goals), sometimes things are going to go awry. Sometimes, you can feel like you’re actually going backward. Here’s some ideas for how to survive those times....
If you’re considering investing in rental property, you’re probably struggling with how to evaluate risk and if its a good investment. You’ve probably come across things like the 1% Rule, or the Four Square Method to crunch the numbers. Whatever rubric you use, what you’re trying to do is evaluate the rewards and risks. Income is a big part...
A furnished rental can be a good investment, but it has to be desirable and well reviewed. AirBnb competition is stiff, so you better stand out and make guests happy to be successful. Good news is, making it cool and functional doesn’t have to cost a fortune. Starting out is scary but here’s a few things that I learned...
You need good tenants that are the right fit for your property. It is essential to the success of your rental venture. Even more so if you're planning to House Hack, and live in some portion of the house. If that's you, or you're planning manage a rental property yourself, then keep reading to find how to...
You've done exhaustive research on real estate, self-reflected on what you want and need in a house-hackable property, dug through listings, visited properties, run the numbers. You find a place that you're ready to pursue....so, you walk up to the register and walk out with your brand new rental property, right? I wish! Now the fun...
Buying a rental property, especially if you’re looking to house hack, is very different than normal home buying. It requires a Real Estate agent with some specific skills. But not just any Realtor, make sure you pick the right one. Here are some suggestions for finding the right real estate agent for your rental property purchase. Here’s what I...
Housing is the largest cost for most of us. That large line-item in our monthly budgets doesn't allow us to do things like save for emergencies or retirement. The concept of house-hacking is getting rid of that expense through creative means. A Multi-Unit Property can be a great option for House Hacking....
The siren song of passive income was calling..."gotta get ahead, gotta escape this rat race, gotta get on that path to Financial Independence. Okay, so I'll build a Real Estate empire, problem solved! Here's my experience of navigating the obstacle-laden, pitfall-prone process of Real Estate investing and house-hacking....