Real Estate Investing

6 Ways to Invest in Real Estate ($10-$100,000)

[PT's note: This comprehensive article was contributed by Eric Bowlin from realestateinvesting.org. I first heard Eric on this Bigger Pockets episode. He lives here in Texas with me now and we regularly get together for lunch and talk real estate and business. Here's Eric....] It’s remarkable to see how real estate investing can create so much wealth. You see it everywhere--TV, the web, or your friend who randomly decided to flip a … [Read more...]

How to Invest Money: What You Need to Know to Get Started

Making investment decisions can be a scary and overwhelming process. We are constantly bombarded with conflicting information about the market. One moment everyone’s excited, and a few hours later they are all disappointed. We hear that investing is inherently risky, but also that it's the clearest path to wealth. And then there's the alphabet soup of investing lingo, from IRAs to ETFs. So just how are you supposed to feel … [Read more...]

How to Calculate Rental Property Cash Flow

Real estate investing can provide you with an additional stream of income, helping you build wealth and reach your financial goals more quickly. One of the most popular ways to invest in real estate is owning a rental property. Whether you’re a new investor considering real estate for the first time, or a current owner trying to decide on your next step, there are a few common skills every real estate investor should have. To … [Read more...]

Invest in Real Estate for as Little as $1,000 [RealtyMogul Review]

Several years ago, my husband and I decided to add "real estate moguls" to our resumes. Homes in the small college town where we lived were affordable. Also, rental prices were high and we could count on graduate students as potential tenants. Buying a rental property seemed like an excellent way to grow our portfolio and our wealth. Unfortunately, we quickly hit a number of setbacks. Qualifying for a loan on a rental property was … [Read more...]

Fundrise Review: Commercial Real Estate Investing for Everyone

  Traditionally, there were only two ways to invest in commercial real estate. You could get started for a (relatively) low financial investment if you personally maintained the property. Or you could invest a major chunk of change into real estate development as a form of passive income. But neither of these options allowed the average Joe with a day job to invest a modest amount. Without time or serious money, real estate … [Read more...]

4 Real Estate Crowdfunding Sites to Add to Your Investing Portfolio

As many wealthy investors can tell you, real estate is a solid investment that can provide annual income as well as long-term growth. Unfortunately, buying real estate also requires quite a bit of upfront capital, as well as time, energy, and money for maintenance. Plus there is the risk of finding and keeping good tenants. Thankfully, individual investors no longer have to save up hundreds of thousands of dollars or become … [Read more...]

PeerStreet Review 2022 | Did My $50,000 Experiment Pay Off?

  Are you an accredited investor looking for a way to get involved in real estate investing without actually owning and managing a rental property yourself? I have my own rental property (pictured to the right), but I can't imagine taking on another one at this point. And the turnkey stuff either seems shady or too involved. So I've been looking at all of the various options and asking some friends. "Coach" Chad Carson, the … [Read more...]

How I Raised the Rent on Our Rental Property without Being a Mean Landlord

This past year we lost a long-time tenant. Sad. While we were bummed to lose them. The change gave us the opportunity to raise the rent and improve the monthly cash flow. We were able to increase the rent on our rental property by $300 - from $1,875 to $2,175 per month. That’s quite a jump. But it was necessary to keep up with rising property taxes and the increased demand for the unit. It's good practice to raise the rent, it … [Read more...]

What to Do If Your Tenant Breaks the Lease

Sooner or later, you're going to get the dreaded notice from your tenant that they have to break the lease. No matter how much you prepare, it's usually not fun to stop down and turnover a rental unit ahead of schedule. But there are some things you can do to minimize the pain, both before you even sign with the tenant and after you find out they are breaking the lease. Let's explore this topic together...be sure to leave your helpful comments below. My tenant … [Read more...]

The Very First Thing You Have to Do When Getting Into Real Estate

You can invest in the stock market without meeting or knowing a single person. You can research, buy, manage and sell your equity investments online in the comfort of your own home. Unfortunately, you cannot do so with real estate. If you want to be a successful real estate investor, you need to embrace and master the art of networking. Building, managing, and using your real estate network is so important, that I believe it should be the first thing you learn … [Read more...]

Are Property Managers Worth Their Fees?

Ask yourself a few questions before deciding to hire a property manager. Whether you are an accidental landlord or if you planned to become a residential real estate investor, someone will have to manage your property. Who will find you new tenants when yours move out? Who will handle complains about leaky faucets in the middle of the night? Who will handle tenants who do not pay rent on time? You, the homeowner, could handle all of these things yourself, of … [Read more...]

[Warning Landlords] Don’t Forget Depreciation Recapture

“Lay up your treasures in heaven where there is no depreciation.” --Unknown The very first time I bought a house, I had this grandiose idea of being a flipper. This was long before television channels like HGTV could convince you that you could be a real estate mogul. I had been suckered into purchased a course on real estate investing by Russ Whitney, and it was going to be easy peasy to make my riches off of real estate. I found a VA foreclosure in a good … [Read more...]

How to Buy a House with No (or Low) Money Down

Editor's note: This article is from Brandon Turner of BiggerPockets.com. These guys know their real estate. Even though it appears there are ways to buy a house without putting 20% down, you guys know I would say it's wise to put that much down so that you are shielded from market downturns, PMI, etc. The year was 2006. The real estate market was soaring, lending standards were loose, and even your pet iguana could get a loan. In this era of impending doom, 100% … [Read more...]

Rent Collecting: The Best Way to Collect Rent from Your Tenant

What's the best way to collect rent from a tenant? When I decided to become a landlord, one of the areas that I gave the least amount of thought to was collecting rent. In hindsight, I should have determined my policy for rent payment and informed the tenant during the vetting process or when I started considering ways to do real estate investing. Because I left it 'up in the air', I got several suggestions from my potential … [Read more...]

Finally Rented: Creating and Signing a Residential Lease Agreement

Ready to collect your rent? Get it in writing! Okay, truthfully we didn't just rent our home. But it did take a while. We listed our home for rent in mid-June, and my tenant moved in on August 15th. It was an up and down couple of months as I explained in previous posts. I enjoyed fixing up the rental unit, but I wasn't a big fan of finding the tenant. Once we'd gone through all of that and found our tenant, it was time to make it official: create and sign … [Read more...]

Find a Tenant: Credit Check and Screening

Our rental property after a rare Texas snow. So you just became a landlord and you want to know how to screen tenants and complete that tenant credit check? Well, you are in luck. I just became a rental property owner myself and I learned how to properly screen tenants, including the credit check. One of the great unknowns of becoming a landlord is how to screen tenants so that you can find the right people to live in your rental unit. Lord knows you don't … [Read more...]

Rental Repairs: Fixing Up My Rental Property

The new kick plate I made and installed on our rental property saved us $200. Call me crazy, but one of the most enjoyable things I've done over the past few weeks is spending some time preparing our rental property for its first tenant. I can see how people become addicted to dealing with real estate. There's just something about "taking care" of your rental property. You really get a sense of improving on your property and instantly increasing its … [Read more...]

The Best Places to List and Advertise Your Rental Property (Some Free!)

If you're anything like me, one of your biggest fears with owning a rental property is that you will not be able to find a quality tenant quickly. Taking two or three months to find a quality renter (or spending too much on advertising to do so) could easily ruin your chances of a positive cash flow rental property. You've got to get a quality renter into the property...and quick. Try Avail, who allows you to publish your rental … [Read more...]