Landlording is a Dance, Not a Mud-Wrestling Match

Ahhh, lease-signing day – such a hap-hap-happy day!  The landlord is ecstatic because he has finally found a tenant who will take good care of the property and always pay the rent on time. Meanwhile, the tenant is joyous because he has finally found a landlord who is...

What Box?

In the early 2000s, I was trying – unsuccessfully – to structure a deal that involved an inherited property with four out-of-town heirs.  My offer had nine moving parts.  If presented, because there were so many moving parts, I was sure the sellers would turn down my...

Oftentimes “No” is the Right Answer

Today’s real estate market is turned on its ear.  Nothing is like it was three years ago. In 2006, I had to knock on A LOT of sellers’ doors to find someone wanting to sell their house under the terms and conditions I needed in order to make the deal work.  Today,...

Rest Easy, Jack Miller – and Thank You!

On Friday, October 9, 2009, Jack Miller, the Dean of real estate investing gurus, went to Heaven to join his wife.  I’m guessing he already has a bunch of angels gathered around him asking how to best structure solid, win-win real estate investing deals! Of all the...

It’s About the Cash Flow, Dummy!

For the first twelve years Kim and I invested in real estate, it was all about equity.  Every time we did a deal, our net worth increased by about $25,000.  Boy, did we ever think we were something! Then, in July of 2006, the real estate bubble popped with a loud,...

Landlording Begins When The Tenant Moves In

These days, there are a lot of accidental landlords in the real estate investing business.  Most accidental landlords have two choices: Either rent their house to a tenant or, because the property owner can’t afford to make the mortgage payments if their house sits...
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