We have a 4 bedroom 3.5 bathroom townhouse for rent. We received an inquiry from a 47 year old male schoolteacher with a 12 year old daughter. His initials are KLJ. A divorce damaged KLJ’s credit, but his income is over $80k per year, and he has a very good landlord reference. Due to his […]
Posts with the how to invest in real estate tag
When #Tenant Offers Double Security Deposit … 3 #LessonsLearned
We are screening prospective tenants for a 4 bedroom 3.5 bath townhouse. A young couple with 2 children viewed the townhouse and liked it very much. As we began talking about their qualifications, they mentioned that she had delinquent student loans and he had no credit at all! To counter their poor credit, the couple […]
#Plumbing #Leak Flooded #RentalProperty! #propertybrothers
We were 99% complete on a renovation project to add a full bathroom to the lower level of a rental townhouse we just purchased. The contractor did excellent work. The only concern was it took much longer than projected by the contractor. We went on vacation for a few days, and when we returned, we […]
Chasing #Foreclosures! The LakeHouse! #foreclosure
It’s Foreclosure Saturday! We have a standing 4pm appointment every Saturday to meet with our Real Estate Broker and look at foreclosures. We believe the real estate market is poised to take off and we want to be on-board the rocket ship! Therefore, we are always looking. When you think of foreclosures, you probably think […]
Increase Monthly #Rental #Income by Adding Full #Bathroom! #propertybrothers
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 […]
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 […]
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 […]
When Bidding on #Foreclosures … #realestate #foreclosure See Videos!
Bidding on foreclosures is riskier than making an offer on a property listed for sale by a private seller. The reason is because foreclosures are sold “as-is,” meaning the seller offers no warranty on the condition of the property. If the property has been vacant for awhile, problems can fester and grow worse over time. […]
Do Power Lines Hurt #RealEstate #MarketValue?
It’s Foreclosure Saturday! We have a standing appointment to meet with our Real Estate Broker every Saturday to look at candidates for purchase. We met to view a large townhouse that has been foreclosed twice in the past 4 years. The townhouse has 3 bedrooms and 2 full baths on the upper level; a large […]