When you’re shopping for a home, it’s easy to let your emotions guide you. This is good sometimes, but there are times when this can be a very bad thing. Wrong decisions can easily be made when you let your emotions take control. The last thing you want is to regret when you buy a…
You want to know if the market is strong if you are buying or selling real estate. Having such information lets you know how flexible you need to be in your offers. Sales have slowed across much of the East and West Coasts for sellers. Good news for buyers there. On the other hand, sales…
Not long ago, I was checking liability insurance for a nonprofit company, a local art, music, and literature club. We were researching the actual costs of running the group in order to prepare a business plan and accompanying proformas. Insurance is a real cost, something that the group really needs, and really any group or…
Do you have an income, a house or do you have a nest of financial savings? Are you divorced or widowed and have you received any type of financial settlement or insurance payment? Are you looking for a fresh start in life or a financial investment opportunity? Are you a caring, conscientious, moral, or spiritual…
REO Bank Foreclosures Bank foreclosures are one of the most popular ways to buy real estate for pennies on the dollar. I have found it to be more like quarters in most cases. There is a large inventory and many resources with which to find bank-owned properties. These are properties in which the buyer has…
Tenant screening is a vital piece in finding a tenant who will take care of a property and avoiding tenant problems such as late payments, high turnover rates, and property destruction. As a landlord, it is important to protect a real estate investment and be able to distinguish between good and bad tenants. When it…
If you own a maintenance business and are looking to take advantage of the Pareto principle (often referred to as the 80/20 rule or the law of the vital few), you may want to learn the top 4 marketing tips to promote effectively. effectively your handyman business. By focusing on the small but important marketing…
Imagine, if you will, Tinyville, a community of only ten houses. All ten houses were of the same size and style, built at the same time on similar sized lots, using similar architectural drawings and building materials, each with comparable views and amenities, and each sold to its original owner for the same price, $250,000….
What is a roofing contractor? Well, a roofing contractor is someone who agrees to complete a business, such as a residential or commercial flat roof. In exchange for completing the commitment, the contractor would receive compensation. This is where the term contractor was coined, someone who completes a contract in lieu of money. Sometimes, if…
I love segmented depreciation. To understand its value and beauty, let’s take a look at what depreciation is. In accounting, you can write off a certain amount of depreciation as a cost or loss. You see, the IRS considers your assets to be “worn out” and become less valuable over time. For example, if you…
