Are your investment goals out of reach as a “late bloomer” investor? Sure, in this business, time is of the essence. The sooner you can get started, the better. That doesn’t mean you’re disqualified from real estate investment success if you don’t start until your forties, fifties, or beyond!
3 min read
How to Make Up for Lost Time in Real Estate Investment
By Chris Clothier on Fri, Jul 5, 2024
3 min read
6 Red Flags to Watch for in Investment Markets
By Chris Clothier on Thu, Jun 27, 2024
Picking the right investment market can be tricky. There are tons of factors that contribute to an area’s potential…or downfall. Real estate investors know the power of location – but picking the right places to own property isn’t always easy. Sometimes, seemingly beneficial qualities, like rapid property appreciation, can backfire when the market becomes untenable to buyers and renters.
4 min read
9 Topics to Discuss with a Financial Advisor BEFORE Buying a Property
By Chris Clothier on Thu, Jun 13, 2024
Every investor benefits from the counsel of a financial advisor. Ideally, your advisor knows you, what you want and need, and the essential aspects of your investment strategies. Their perspective and know-how help construct effective action plans and mitigate risk along the way.
But advisors aren’t just there for big-picture talk. Before you move forward with a property acquisition, consult your advisor to ensure you’re making the best decisions possible for the health of your investment portfolio.
As a passive real estate investor, here are some key topics to cover:
3 min read
5 Ways SFR Residents Factor Into Your Success
By Chris Clothier on Tue, Jun 11, 2024
If you were to ask a room of SFR investors what the most crucial factor in success was, you would get a whole array of answers: the location, the property itself, the property management, accurate number-crunching…the list goes on!
4 min read
Pro VS Con: Financing Options for Turnkey Investors
By Chris Clothier on Thu, Jun 6, 2024
What’s the best way to buy an investment property? Just as there are many investment strategies, various financing options are at your disposal, each with drawbacks and benefits. While we certainly have avenues we recommend more than others, every investor should be well-informed about every option.
4 min read
It’s Worth Your While to Invest for the Long Haul
By Chris Clothier on Tue, Jun 4, 2024
Real estate investment is an enormously varied industry. Different types of properties, countless markets, real estate classes, and strategies are involved. On one hand, this is beneficial because just about anyone can find an approach that works with their financial goals. On the other hand, so much variety can be daunting!
3 min read
5 Strategies Investors Use to Fight Rising Insurance Rates
By Chris Clothier on Tue, May 14, 2024
Though passive investors may not be involved in the day-to-day operations of their rental properties, they have plenty of responsibilities. One such responsibility is in managing and maximizing cash flow. This task starts from the outset as you weigh the cost of a rental property and its ongoing expenses against cash flow potential. But it doesn’t end there!
Those ongoing costs tend to increase over time – and part of your job is mitigating those increases to best preserve and maximize passive income.
Further Reading: Top Tips for Increasing the Profitability of Your Investment Properties
3 min read
Stop Waiting for Mortgage Rates to Drop. Now is the Time to Invest.
By Chris Clothier on Tue, May 7, 2024
Mortgage rates are the highest they’ve been since the Great Recession. Current 30-year fixed rates hover in the 6 to 7% range. Historically speaking, that’s nowhere near the highest they’ve been (that title belongs to the average in October of 1981 at a sickening 18.82%. Yikes!), but current rates are coming off all-time lows in 2020 and 2021.
With home prices higher than ever, it is no surprise that homebuyers are waiting patiently for mortgage rates to come down and ease sticker shock. After all, the higher the asking price, the more the percentage matters.
But is it wise to wait for rates to drop?
We think not. As real estate investors, you risk more in the wait than in taking the chance in the market as it is. Here’s why:
4 min read
5 Ways to Manage the Unique Risks of Out-of-State Investing
By Chris Clothier on Tue, Apr 30, 2024
Investing out-of-state is one of the best things a passive real estate investor can do for their portfolio. After all, investing beyond your local market comes with some distinct advantages, such as:
3 min read
6 Hidden Risks That Come with Passive Real Estate Investment
By Chris Clothier on Tue, Apr 23, 2024
When investing in real estate, some risks are obvious. Others? Less so. Effective risk management involves recognizing and mitigating all risks, from the common to the rare. Are the chances slim? Sure. But you’ll be kicking yourself if you don’t do your due diligence in handling these sneaky buy-and-hold real estate investing risks!