flip

What is live-in flip

January 20, 2023Posted inInvestors, Landlords
The live-in flip strategy is a popular method of real estate investing where an investor purchases a fixer-upper property, lives in it while making renovations and improvements, and then sells it for a profit. This strategy can be a great way for investors to gain hands-on experience in the renovation process, build equity in the property, and potentially increase the property's value.
investment

What is cash-on-cash return

January 20, 2023Posted inInvestors
Cash-on-cash return is a measure of the cash income generated by a real estate investment property compared to the cash invested. It is an important metric for real estate investors to consider when evaluating the potential profitability of a property. In this blog post, we will discuss the basics of cash-on-cash return and why it is an important factor to consider when evaluating the potential profitability of a real estate investment.
house-hacking

Why new real estate investor should consider house hacking

January 18, 2023Posted inInvestors, Landlords
House hacking is a strategy in which an individual purchases a property and rents out a portion of it in order to offset their housing expenses. This can be done by purchasing a multi-unit property, such as a duplex or triplex, or by purchasing a single-family home and renting out rooms. The benefits of house hacking are numerous and can help individuals achieve financial stability and even wealth over time.
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Should I self-manage rental properties?

January 3, 2023Posted inInvestors, Landlords
If your goal is to stay passive and hands-free, using a property management service would be a reasonable choice. If your goal is to become financially independent and successful in the long run, self-managing rental properties are essential. In this article, we discuss the real value proposition of a property management service and how is applicable to you, as a landlord. So, you can make a better-informed decision on how to manage your rental properties.
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5 Most Common Landlord Mistakes

December 27, 2022Posted inInvestors, Landlords
For some, it may sound easy to be a landlord, just acquire a property, make necessary repairs and rent it out to tenants. As long as the rent covers the mortgage, tax, and insurance, you can make cash flow each month. However, the truth is that to successfully manage a rental portfolio, it takes more than doing the math right during the acquisition, it also requires you to be professional and have business thinking during the management process.
person using a laptop

Why You Shouldn’t Use ROI for Comparing Real Estate Deals

December 21, 2022Posted inInvestors
It's common for small residential real estate investors, especially new investors, to compare deals in terms of ROI (return on investment) and talk to other investors about their cash-on-cash return. And often, ROI is indeed the sexy attractive number, 10%-20%, investors are going for in the end, but using it to compare deals and to make a purchase decision can lead to terrible outcomes. This article will dive into this common mistake for new investors and present a better way to understand any deal that comes to you.
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5 Real Estate Accounting Tips Every Self-managing Investor Should Know

December 3, 2022Posted inFeatures, Investors, Landlords, Product
The purpose of having a good bookkeeping system in place for your real estate business is not only for tax compliance but also for becoming better informed to make any important financial decision. When you know the exact status of your portfolio and the performance of each property at any time, you will be in a better position to make more strategic moves in your investment or personal life.