Finding a tenant isn’t just about filling a vacancy, it’s about finding someone who will respect your property, pay on time, and make your life easier (not harder). And let’s be honest… a great tenant can make your rental feel like a passive income dream. The wrong one? The opposite. Here’s how to stack the odds in your favor. 1. Attract Better Tenants by Raising the Bar The quality of your listing directly impacts the quality of your applicants. If your photos are … [Read more...]
Do You Own an Income Property? Here Are Four Tips for Finding Great Tenants
Trusting another individual with your property can be nerve-wracking because it's difficult to gauge how well they'll care for their home from a viewing and rental application alone. However, there are several steps you can take to help ensure that you select responsible tenants that will take good care for your property while they live there. 1. Make Your Home Desirable When creating your rental listing, show your property at its absolute best and list its attractive features. The listing … [Read more...]
How to Become A Billionaire Land Trader
Trading land like a billionaire relies on three simple premises. The first one is to acquire the land for cheap. The second one is to never intend to sell it. The third one is, if you trade it, trade up. Howard Hughes Billionaires that start with an inheritance have an advantage. Howard Hughes was born into wealth. His father invented an oil drill that penetrated difficult, hard rock, which made Howard Hughes one of the richest men in the world from his inheritance. Hughes visited Las Vegas … [Read more...]
Redevelopment Opportunities Abound
Houses for a dollar. Millions (perhaps billions) in tax incentives. Reclaiming contaminated land. Partnering with Walmart to build town centers. What do all of these things have in common? They are examples of exciting redevelopment opportunities in different parts of America. HUD Dollar Homes The U.S. Department of Housing and Urban Development (HUD) offers homes for $1. Local governments may purchase them if they listed for sale without finding a buyer for six months. HUD acquired these homes … [Read more...]
