We recently purchased a 4 bedroom 2.5 bath townhouse foreclosure. We plan to rent it out, but first, we want to increase the market value and monthly rental income by adding a full bath! The 4th bedroom is on the lower level. We just added a walk-in closet to the 4th bedroom. To learn more […]
Posts in the General category:
Increase #Rental #Income! Add Walk-In #Closet to #Bedroom! #propertybrothers
We are embarking on our first renovation project! We just purchased a 4 bedroom townhouse, and the 4th bedroom is on the lower level. It has space for a walk-in closet, and we are hiring a contractor to hang drywall, paint, add carpeting, light fixtures, shelves, etc. We are very excited about our project because […]
11 Tips to Create #Income from #Rental Property! #realestate
It is no secret — we believe that owning rental properties is one of the best ways to generate positive cash flow and build wealth! Why? Here are 8 tips to create income from rental properties. See below for 3 bonus tips from HandsOnRealEstateInvesting! 3 Bonus Tips from HandsOnRealEstateInvesting! Consistently charge late fees when tenant […]
Raise #Rents Regularly! #realestate #landlord
When we began investing in real estate 25 years ago, we didn’t raise rents on a regular basis. We were afraid that raising the rent would cause the tenants to move. We now realize that was a mistake. For example, we have a tenant who has rented a townhouse from us for the past 20 […]
Charge #Rent for Extra Storage Space! #realestate
Are you looking for ways to generate extra rental income? Do you have extra storage space in or near your rental property? If you answered yes to this question, then you can generate extra rental income! To find out how we generate an extra $50 per month for storage space, please see below … We […]
5 Reasons to #Invest in #RealEstate! #realestateinvesting
“Real Estate is a Key Asset for Building Wealth!” When people wonder how to build wealth and how or where to start, this statement says it all. It is worth repeating “Real Estate is a Key Asset for Building Wealth!” In our opinion, saving money in the bank and receiving less than 1% interest will […]
Hot #RealEstate Markets in #WashingtonDC, #Maryland & #NorthernVA!
The real estate markets in the Washington Metropolitan area include Washington DC, and it’s surrounding suburbs in Maryland, and Northern Virginia. These markets have always been supported by good, middle to upper middle class jobs provided by the Federal Government. For details on what’s hot in Washington DC, Suburban Maryland and Northern Virginia, click: What’s […]
#RealEstate #RetirementPlan in Action! #retirementincome
We have written several articles on how to create your own retirement plan by investing in real estate. Our articles include: Create Your Own Pension Plan Secure Your Retirement with Rental Income 4 Reasons to Add Real Estate to Your Retirement Plan It is gratifying to see an article about a young couple who purchased […]
#RealEstate #Rents Skyrocketing! #invest #investing
If you are still undecided about investing in real estate, here is one more reason: Rents are skyrocketing! We recently received 30-day notice from one of our tenants. He is renting a one bedroom condo for $975 per month. When I googled rents for our area, I was shocked to see the lowest rent at […]
Make #Rent vs Buy Decision Easily!
If you are in the “pre-retirement” or “early retirement” phase of your life, chances are you are trying to make a decision about housing and where to live. Housing is usually the largest item in the budget, therefore the “housing” decision will impact how long your retirement nest egg lasts. With low interest rates, it […]