Property Management Blog

2019 Year in Review: Countdown of the Top 5 Tips to Building Your Real Estate Empire

2019 Year in Review: Countdown of the Top 5 Tips to Building Your Real Estate Empire

We shared a lot of insider secrets, tips, strategies and methods to launching, growing and building a profitable real estate business over the course of 2019.

Yet, we all forget even the best tips, regardless of how much we know they will help us grow. That’s why we’re doing a 2019 year in review, counting down some of what we think are the best tips for growing your real estate investment business.

#5: Ultimate Tenant Screening Checklist for Rental Property

Screening tenants is so important because the quality of the tenants you have renting your properties really determines the quality of your business.

Here’s the ultimate tenant screening checklist to be sure you get the best renter in your rental property. This should mean you’ve done a great job listing your property and are now generating response.

As with everything related to real estate investing, there’s a right and wrong way to do things, including the tenant screening process. That’s why we put together this tenant screening checklist – to simplify the process of properly screening potential renters…read full blog

#4: What You Should Know About Real Estate Closings

Arriving at this stage of a real estate closing means you have put the house under contract and are ready to seal the deal. Congratulations on finding the property you want to commit to.

If you are a real estate investor and you have followed the steps we have provided in previous articles, that means that you have a big profit deal on the table. Now you just need to seal the deal.

However, before you actually close on the property you will have a window of opportunity to perform due diligence on the house.

Of course, that is if you in fact included the right clauses in your written contract that you need to include. For instance, you should have included a clause that allowed you to perform a home inspection, an appraisal, and a financing clause.

So then, if you’re not satisfied with the home inspection report or if any defects that arise from the home inspection don’t get fixed, you can back out of the deal…read full blog

#3: How to Run HOA Board Meetings Like a BOSS!

You’re sitting in another one of your HOA board meetings, wondering what you’re doing wrong.

You had important items to discuss and decisions to make but it’s become all too normal to watch meetings fall off track into fun but time-wasting discussion about who’s doing what in the neighborhood, what decision city council just made that’s got everybody in a tizzy, gossiping about who’s that man showing up so-and-so’s house the last few weeks, or any number of things.

Some HOAs have too much fun, some quietly loathe each other, some are just crazy-unorganized and desperately need some order.

You’re about to learn how to shape up fast and start running your HOA board meetings like a B.O.S.S…read full blog

#2: 5 Biggest Mistakes Real Estate Investors Make

We all make real estate investor mistakes, whether it’s your first property or 50th. Whether you’re trying to do a fix and flip deal, buy and hold as a rental, play the middleman in a wholesale deal, do an Airbnb deal, whatever, goof ups will occur.

It’s up to us to figure out how to minimize the real estate investor mistakes we make so they don’t hurt too bad.

We’re going to take a look at what several real estate investor experts suggest are the top five mistakes you should avoid making. We’re writing these countdown style but all of these are equally important…read full blog

#1: Rental Property 101: Basics You Should Know Before Becoming a Landlord

Before you dive into the land-lording game, you should have a good grasp of what’s involved in the rental property business.

There is a lot involved in every business endeavor under the sun, and this certainly holds true for becoming a rental property owner.

There is a tremendous amount of promise in becoming a rental property owner and many reasons why the trend of landlords as skyrocketed over the last decade. This 6-part blog series gives you the best birds-eye-view of the entire business, from start to finish…read full blog series