Category : 5. Invest

5. Invest Blog

When Should You Start Evicting a Tenant?

The decision to evict a tenant should not be based on emotions. You need to implement a process and then execute it. This process can save you a lot of money.

As an owner of rental properties you will always have to deal with tenants who are not paying their rents. There are a lot of reasons why people don’t pay their rents and I have heard most of them. Sure some are legitimate and a lot are made up. Either way, I am running a business and I have to make my mortgage payments so I expect my tenants to pay their rents in full and on time.

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5. Invest Blog

Make Big Profits With Investors

Based on conservative anticipated appreciation rates and mortgage pay down, the total Return on Investment is 136% over 3 years or approximately 45% per year. I split the expected profit with the investor and guarantee his return. So if there is any problem with the Buyer, I take the hit. There are also several protection clauses we have to protect everyone in 3 years. We have a forced savings plan built into this program to protect the Buyer.

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5. Invest Blog

Get Paid 5 Times For One Deal

Here is an interesting spin on a couple of Real Estate Investment Strategies that you can use. You can combine a Buy, Fix and Flip with a Lease Option for some great results. Normally, I am not a big fan of Buy, Fix and Flips but this approach eliminates a couple of costs normally associated with this strategy and we aren’t flipping it.

Let’s say you have a property that is normally worth $160K but it’s listed at $100K because it needs some work and the vendor is very motivated (this is actually a real deal we have an offer on). The work to repair the house is estimated at $10K. You buy the property, fix it up and have it re-appraised at $160K.

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