CategoryGetting Started

What does a full-time real estate investor do all day?

What does a full-time real estate investor do all day? I started investing in real estate nearly six years ago.  I still remember the first house I bought… a little 2-bedroom bungalow on Rogers Avenue.  I never imagined that little house on would lead to me becoming a full-time real estate investor. As a newbie investor, I found myself regularly asking, “What does a full-time real estate investor...

Can you make a living off rental properties?

Can you make a living off rental properties? Yes.  You can absolutely make a living off rental properties.  In this post, I’m going to cover the nuts and bolts to make it happen.  Let’s get started. How much do you need monthly? One of the first things you need to sort out is how much money you need monthly in order to survive exclusively off rental income.  I strongly recommend getting advice...

How do I find an investor savvy real estate agent?

How do I find an investor savvy real estate agent?  Great question. As a real estate investor, working with a real estate agent when you’re in the buying phase is great because you probably won’t pay a dime for their services.  This is because, usually, the seller pays all real estate commission. However, even though you may be getting a free lunch, you still want to make sure you’re working with...

How much would it cost to convert a two-car garage into an apartment?

  How much would it cost to convert a two-car garage into an apartment? Converting a two-car garage into an apartment can be a great way to increase your cash flow.  Just make sure you check with your local laws and applicable covenant/HOA restrictions before proceeding to make sure you don’t do something that you end up having to “un-do.” The cost to convert a two-car...

Is a multi-family property a good investment?

Is a multi-family property a good investment?  The answer to this question depends on how you define a “good investment?”  I’m going to answer this question from the angle that a “good investment”, as it relates to real estate, is a property that cash flows well and provides you with minimal headaches. So, specific to cash flow and headaches, here are few things to consider about multi-family...

How can I increase the value of my investment property?

In this post, I’ll cover 4 ways you can increase the value of your investment property. 1) Convert attached garage into additional living space This is possibly one my favorite ways to add value to my investment properties, when there’s an attached garage, of course.  Converting a single car garage into additional living space can be done for around $5-$10K.  The work required will include...

Is Homeowner’s Insurance More Expensive For A Rental Property?

Is homeowner’s insurance more expensive for a rental property?  Yes, homeowner’s insurance is typically more expensive for a rental property than what you would pay for the same property if it was your primary residence. This is because insurance companies feel they are taking on a greater risk when insuring a property that the owner doesn’t live in.  Makes sense.  Tenants don’t usually care for...

Should I Quit My Job and Do Real Estate Full-Time?

  This is really a timely post for me because I quit my job at the end of last year and moved into real estate investing full-time.  Should you do it?  Was it a wise move for me?  I’ll attempt to answer these questions and others in this post. Why I Decided to Quit My Job At the end of last year, I left a lucrative career in digital marketing to pursue real estate full-time.  Now, full...

4 YEARS & 40 RENTAL PROPERTIES LATER. 10 KEY LESSONS LEARNED.

I’ve always been an entrepreneur at heart.  At the age of 13, I would sneak out onto the local golf course at night and dig out golf balls lost in the pond by amateur golfers over the weekend…and then I would sell them back to those same golfers the following weekend!  I loved it. By the age of 30, I had started two successful businesses, and at the age of 34, I decided I wanted to be a...

HOW TO START INVESTING IN REAL ESTATE WITH LITTLE TO NO MONEY

Let’s discuss how to invest in real estate with little money. If you’ve been thinking about investing in real estate but held off thinking it’s only for those with money, then think again.  Real estate investing is for everyone regardless of how much money you do or don’t have in the bank. In this post, I’m going to share with you 5 viable ways how to invest in real estate with little money...

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