Best Real Estate Marketing Tips You Ever Seen - Real Estate Marketing Tp #17

by Bala Vimalan
(Chennai, India)

Sign For this

Sign For this

Consider your abilities, as well as time to invest in managing your properties. Then learn the evaluation techniques to determine the suitability of a property for your purposes. Finally, get the calculation tools necessary to determine the financial viability of a property and compare them.

The Mortgage Type is a Major Factor in Profitability
Understanding the types of mortgages available and the benefits of each as well as the risks is critical to your real estate investor success.

Should You Be a Landlord? - Managing a Rental Property
Assess your temperment, time to invest and your abilities before making the committment to being a landlord. Learn what it takes in time and abilities, how to manage repairs, select tenants, set rents and more.

Comments for Best Real Estate Marketing Tips You Ever Seen - Real Estate Marketing Tp #17

Click here to add your own comments

Knowing Your Limits
by: Lanard

During my real estate investing heyday I got pretty good at finding properties and cutting deals. What I wasn't so good at was managing the properties that I was unable to sell as rental units.

Not every investment that started out as a property flip was successful. Consequently, I turned to renting some of my properties out of pure necessity.

I had to do something to stymie the negative cash flow. However, in some instance matters worsened, primarily because I did a poor job putting my foot down with tenants. It wasn't uncommon for tenants to stiff me. Some failed to pay and then moved out owing 5 to 6 months rent, they trashed the units before moving out, and/or were pretty otherwise a royal pain in the butt.

But perhaps the craziest thing about it all is that I was a great rental agent for my clients needing a rental agent. Rarely did I encounter situations where I wasn't able to collect their rents.

Are you an investor? Are you able to successfully manage your own rental units, or are you like me? Can you relate to this story?

Click here to add your own comments

Join in and write your own page! It's easy to do. How? Simply click here to return to Real Estate Marketing Tips.