Is insurance good? Of course it is. It’s a great way to protect yourself from the unexpected. Is insurance bad? It is when you have too little or too much! Many people fall into the trap of being over-insured with policies they don’t need or could never collect on....
Investing
Real Estate Markets Are Local
Each year, your municipality issues property tax assessment notices. The property 'value' is then multiplied by a Mill Rate (set by the City) in order to calculate the amount of tax owing. It's important to note that an assessment for tax purposes is not necessarily...
Your Unfair Advantage Book
I am pleased to announce that I'm putting finishing touches on my second book: Your Unfair Advantage: The 180-Day Foolproof Plan to Real Estate Wealth. Anticipated release is May 2021; Softcover: $20 Pre-Order, before April 30, 2021, and shipping is FREE! Reserve your...
Are You Ready for a Coach?
Most top-performers benefit by engaging a coach. To be successful, in any field, we must go well beyond acquired knowledge. A good coach can help translate information into implementation, but the student must be ready! "That basketball coach screaming from the...
It Takes A Village
In 2020, I had more tenant turnover than usual... About 3 times more valued long-term tenants moved on to other homes than would have in a normal year. Few, if any, were due to COVID-19; most were due to normal life circumstances: downsizing; upsizing; bought a home;...
Cap Rate Magic
Capitalization Rate: Simple Explanation, Calculation, Application If you intend to master multifamily or commercial real estate investment, you’re going to need a clear understanding of how Cap Rate works. In this post you’ll: learn what Cap Rate is, and a simple...