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5 Things to Remember When Looking at a Smoker Property.

So you are looking at a property and you noticed the distinct smell of cigarette smoke. What do you do next? Should you get the property? Here’s a few important things to remember while looking. 1 Look for physical signs of smoke – Do you see yellow dots coming through the paint? That’s nicotine weeping through the paint. A regular pant job won’t cut it to fix it. You are going to need to go…

5 Ways to Help Increase Your Profits on a Flip

1 Expect the unexpected. Leave room in your profit margin for unexpected expenses. You never know what might come up in a renovation/flip and if you don’t give yourself breathing room your expected profit may not be what you were expecting. 2 Keep a master spreadsheet. Expenses have a way of creeping up on you. A master spreadsheet lets you keep track of everything in a way that’s easy to reference. It’s handy to look…

3 Ways To Succeed With Real Estate Investing In 2018

3 Ways To Succeed With Real Estate Investing In 2018

Real Estate Investing has changed a lot over the last couple decades. Techniques that worked for investors in 2003, or 2009 will likely not work today. As such, we are constantly learning and adapting to the changing landscape and market shifts that come our way. We evolve our strategies for what works best in the now, rather than forcing a comfortable routine that just doesn’t work anymore. To be successful in this industry you have to…

How To Approach a Homeowner With a Redeemable Tax Lien

How To Approach a Homeowner With a Redeemable Tax Lien

How do you approach a homeowner that you now have a redeemable tax lien on? This is a question I’ve received several times before and it can be quite tricky. The first decision I make is if I’m going to approach them at all or not. In normal situations, I typically approach the homeowner. However, if I feel like it’s a high-end situation with a ton of value in the property, and they’re the kind…