How much you need to save to buy your first investment property in Tulsa depends upon many variables. It is best when you set a goal to write out concisely on paper the steps you will take to achieve the goal. Even for experienced investors, real estate investors should perform a yearly goal check to … Continued
As a landlord, keeping tenants happy is your top priority because it helps avoid vacancies and keep your numbers in the black. Things can escalate quickly if unreported when it comes to housing repairs, such as what may be seemingly minor plumbing problems suddenly become a flood in several units. Vacancies are costly, taking time … Continued
What is wholesaling in real estate? Wholesalers approach homeowners with homes that are typically in a state of disrepair. These owners may want to sell but realize they cannot afford or are physically unable to do the work required to go through the listing process and compete on the Tulsa MLS. Once the wholesaler contracts … Continued
Too young to own your own business? Not really! When it comes to building wealth, a diversified portfolio should include real estate investments. Time is definitely on your side, and the sooner you begin your investment business in life, the better. It is imperative to have the mindset of running a business from the start. … Continued
When you are searching for discount investment properties, it will benefit you greatly to focus on the type of investment property that suits your overall goals and dreams as an investor. Would you prefer to earn passive income or are you going to be a hands-on landlord? Will you be investing for the short term … Continued
If you’re thinking about investing in a rental property, you might be weighing the costs and potential income. If so, you’re probably wondering: “How much cash flow do you need for a rental to make sense in OK?” This is a great question, and the answer might surprise you… Cash flow. It’s the reason why … Continued
Anyone can become a landlord. But not everyone knows how to find and keep quality tenants. To help increase your overall ROI, we have put together some ideas to help improve tenant retention! In the simplest terms, the more turnovers you have, the more days your property will be vacant. The more days your property sits … Continued
As a landlord, you will inevitably have to deal with the eviction process. It’s never fun, for you or the tenant. But there are ways to prepare, so you can make things go as smoothly as possible. Here are some do’s and don’ts to help you navigate the process. What You Should Do: Try to … Continued
Buying and selling real estate as an investor is easy, right? Not really. Newbie real estate investors often become overwhelmed at just how much is involved in the process of any real estate transaction. Wholesaling is a great alternative to help you learn what makes a great deal, understand the market and develop the negotiation … Continued
Real estate investors’ ultimate goal is to earn monthly income from their investments while their portfolio grows in value over the long term. It is extremely important to focus on the niche that is best suited to you and your vision of being a landlord, as well as your finances and leveraging ability. While both … Continued
Some people go into multi-family investments thinking it will be a breeze. After dealing with collections, maintenance, complaints, and repairs they will soon realize, being a landlord is a lot of work! At what point should you hire a property management company? It is a decision many landlords face. Do the benefits outweigh the cost? … Continued