Do a “SWOT” Analysis on Your Rental Property
May 15, 2012
A standard part of any business plan is the SWOT (strengths,weaknesses,opportunities and threats) analysis. Investing in Rental Property is a business, therefore there is a place and a very practical application of the SWAT when analyzing a potential purchase as part of your due diligence. It can also be valuable when analyzing your existing Rental [...]
Buy,Renovate and Rent Your Rental Property
April 28, 2012
Of all the Real Estate Investing strategies out there this is my favorite and the one I have used the most with the most success when purchasing Rental Property. A property that needs fixing up will usually be available at a cheaper price than a well kept property. If you are willing to put the [...]
Establish An Investment Strategy
April 14, 2012
Real Estate Investing is not a get rich quick scheme, despite what some might say or try and tell you. That is especially true for rental properties. Investing in Rental Property generates cash and therefore demand as much attention as any other business operation that generates cash. By taking a business like approach Rental Property [...]
Inspecting Rental Property
April 7, 2012
In my previous post I discussed conducting your due diligence. A basic part of due diligence is the property inspection. Always….and I repeat….ALWAYS have a professional property inspection completed as part of your due diligence when purchasing ANY property. Depending on the age, size and type of the property, a professional property inspector will spend [...]
Understanding Due Diligence
March 19, 2012
Due diligence is unlike the appraisal process, which I spoke about in previous posts, because it does not concern itself with value but the facts about a property. The facts may include the appraised value but the also include the condition of the property, title of the property, existing Tenants etc. One of your main [...]
Understanding Appraisals- Comparing Returns
February 28, 2012
The fourth and final of the four primary methods of appraising Rental Property is the Returns Comparison. The internal rate of return (IRR) is a measure of how much a property will return an investor annually on the investment made. It does differ from an investors actual return which reflects the equity less debts and [...]
Understanding Appraisals- Comparing Incomes
February 5, 2012
The third of the four primary methods of appraising Rental Property is the Income Comparison. As the name suggests this method is the one primarily used when comparing value of income/revenue producing properties.The other methods of appraising Rental Property are important but the potential of a property to generate income and pay for itself is [...]
