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Showing posts from May, 2019

Stop Making Life Hard for Your Tenants. Use This App Instead.

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This blog post is sponsored by TenantCloud. As a real estate investor and business owner, I’ve always taken pride in being easy to work with . It should be EASY for potential customers to get the information they want. It should be SIMPLE for customers to make payments and send me money. It should be HASSLE-FREE for people to call, email or send any kind of message and get answers quickly. Of course, we don’t always pull it off flawlessly, but it’s a big, underlying goal in the businesses I run. And in this day and age, convenience has never been more achievable. With new mobile apps, websites, services and software technology coming out every day, you don’t have to look far to find real solutions to most of these problems. One perfect example is with my rental properties. When it comes to things like: Browsing rental listings Filling out rental applications Processing credit and background checks Setting up automated rent payments Communication between landlords and t...

042: Why “Passive Income” From Rental Properties is a Lie – Interview w/ Tom Krol

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Tom Krol is the Founder of Wholesaling Inc and PSL Homebuyers, and he runs one of the most popular podcasts on iTunes. Tom has bought and sold hundreds of properties across the country and has taught a lot of aspiring real estate investors how to do the same. Tom and I recently got acquainted over the phone, and he was telling me he had come to the conclusion that “passive income” from rental properties is a total farce. He thought there was a much more effective way to build real passive income, and it involves wholesaling houses with a unique approach of selling off properties with seller financing. There are a ton of advantages that enter the picture when you work this way (which we’ll cover in a lot more detail in this interview), and I was struck by how many similarities there were between his approach and the approach of buying land at a super cheap price and selling it with seller financing. This is one of those strategies I’ve heard about from a number of people, so I’m...

Prorated Rent Calculator: Everything You Need To Know About How Prorated Rent Works

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REtipster provides real estate guidance — not tax or investment advice. This article should not be interpreted as financial advice. Always seek the help of a licensed financial professional before taking action. Not every tenant can move in on precisely the first day of the month. Likewise, it's rare that most tenants can move out exactly on the last day of the month. Real life is messy, and sometimes landlords have to be flexible and accommodate tenants who can only move in or out somewhere in the middle of the month (and it sure beats turning away good tenants, just because they can’t move in at a clear-cut moment in time). While you could deal with this by collecting every month on the day the tenant moves in, but making rent due on the 12 th of the month usually comes with more inconveniences than simply prorating a partial month's rent, one time. In this blog post, we'll cover everything you need to know about prorated rent, how it works, when it mak...

Content Draft – RE Marketing – Placester

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Unique. Original. Remarkable. It’s difficult to develop real estate marketing ideas day in and day out that meet each of these criteria — especially when you spend much of your time on the road meeting with clients and leads. Sometimes, however, the best remedy for marketing fatigue is thinking outside the box and identifying ways your primary marketing channels – website , SEO , email marketing , paid advertising and social media content – can differentiate your agency or brokerage from the competition. . Below, we’ve compiled a list of 17 creative real estate marketing ideas to help promote your agency and generate more leads . Whether you’re just starting or are an experienced realtor looking to attract new clients, this guide will give you the tips and materials needed to build a successful marketing plan. Since this is such a comprehensive guide, we have broken the marketing ideas into categories. Click the links to jump to a specific section of interest. Build a Rock So...