I've wanted one of these things for years – and this past month, I finally got one.
The Nest Thermostat E is the latest rendition of the now-famous “learning thermostat” that has changed the way people control the climate in their homes.
After trying (and loving) the Nest Cam Outdoor (see my review here), I was gung-ho about adding more Nest products to my house – so it was an easy decision to pick this up and put it to work…. Read More
I recently decided to replace all the old windows in one of my duplexes (24 windows in total).
Ever since I bought this property back in 2011, this was something I always felt needed to be done, but I held off on it for years because from a cash flow standpoint, it was hard to justify spending over $10K for these upgrades without any concrete expectations of when (if ever) I would be able to get that money back.
This duplex is situated in a Class C neighborhood, so there's no expectation of luxury here… but even so, the windows on this property were very old, inefficient, and didn't work very well.
I figured this would be a good opportunity to make a substantial improvement to this property (for the sake of my current and future tenants), and also to bring YOU along for the ride. I want you to see the the transformation, hear about my experience along the way and ultimately – decide for yourself whether this kind of upgrade is worth the investment at YOUR piece of real estate…. Read More
One of the most critical (and confusing) pieces of information that goes into a land transaction is the legal description.
To put it simply, a property's legal description is the definition of the real estate being bought and sold. It's more authoritative than the address and the parcel number, and if this information is stated incorrectly on a deed, the wrong piece of real estate will be transferred.
The legal description (and in some cases, the municipal plat maps it references) allow us to determine the size, shape, boundaries and location of a parcel. This is why legal descriptions are required on every deed, and why land surveyors need this information in order to do their job.
Even with the inherent importance of a property's legal description, I've found that most real estate investors have no idea how to comprehend or interpret this bizarre string of letters and numbers. They just copy and paste it from one document to another, with no appreciation for what it means, why it's important, and why accuracy is crucial.… Read More
Earlier this year, we heard some troubling news about a series of break-ins that were happening in my neighborhood.
Nobody ever wants to hear about crime near their home, regardless of where they live, but this situation was particularly troubling because the break-ins were happening while people were at home, asleep in their beds. These intruders were breaking in, stealing, and getting away without disturbing anyone or leaving any evidence behind.
We live in kind of neighborhood where people don't obsess about locking their doors or worry about getting robbed. Since crime is relatively uncommon here, people generally aren't suspicious of thieves lurking in the shadows, which makes it a pretty good area to target if you want to break in unexpected.
Luckily, our house never got hit (at least, not yet), but all this activity got me thinking a lot more about home security…. Read More
Let's suppose your phone rings one day.
You look down, but don't recognize the number.
You keep staring at your phone, and curiosity gets the best of you… so you pick it up.
It's a stranger on the other line.
They start proposing this idea about getting into a long-term business relationship with you. They promise they'll be agreeable and easy to work with. The only thing is… they need YOU to make a massive financial investment and put a huge pile of your own cash on the line for their benefit.
And you're not allowed to ask any questions... they just need you to say YES, right now…. Read More
In the broadest definition, the term bridge loan is commonly referred to as:
A short-term loan providing temporary financing until permanent financing can be obtained.
Bridge loans allow for very quick financing and are secured by real estate.
More specifically, a bridge loan refers to a situation where a property owner is able to borrow against the equity in their current property in order to finance the purchase of a new property. Once the new property is purchased, the first property is sold and the bridge loan is repaid. The loan on the current property is providing a financing “bridge” for the acquisition of the new property.
A bridge loan can also be used in reverse order. A short term bridge loan can be secured by the new property and then repaid by the proceeds from the subsequent sale of the current property.
A bridge loan can be used by both home owners who wish to move and real estate investors who want to acquire a new investment property prior to the sale of an existing property.… Read More
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What are you waiting for?? Let's get started!
Become an REtipster email subscriber today and I'll give you instant access to INVESTOR HACKS! This exclusive guide details 20 game-changing tools and resources that will completely change the way you do business.
I'll also give you free access to the RETIPSTER TOOLBOX - with tons of helpful tools, video tutorials and more.
What are you waiting for?? Let's get started!
