Archive for December, 2007

Can’t Evict if Always Late on Rent!

Sunday, December 16th, 2007

If you’re new here (and you like what you read), you may want to subscribe to my RSS feed. Thanks for visiting!  ScottThere are many urban legends, rumors, and old wives’ tales surrounding owning investment real estate. Did you hear the one about the landlord not checking on his house for 3 […]

Construction Loans Defined

Thursday, December 13th, 2007

Financing Flipping Houses
I have written about construction loans more than a few times when discussing financing flipping houses. It is an excellent way to buy investment property that needs work, rehab it, and do it all with the bank’s money. The Property Pundit wrote an excellent post describing what a construction loan is […]

Minnesota Investment Properties in the Suburbs

Wednesday, December 12th, 2007

In my post “I Know You Have Questions”, I asked the readers to send me questions or topics that they are confronted with often. John Gall asked two questions which I can answer together: “1. Are any suburbs in particular gold mines for rentals? 2. Are outer suburbs with inexpensive newer […]

My 6 Investment Property New Year’s Resolutions

Monday, December 10th, 2007

I never write (or even think about) New Year’s resolutions, but all businesses (and investment property is a business) need to set goals and measure themselves against those goals, frequently. After reviewing my cash flow and financial results for 2007, I decided that I need to make some changes and commitments going into this […]

Buying MN Investment Property with Cash Flow

Friday, December 7th, 2007

Here is another question asked by a reader, to my post “I Know You Have Questions”: “If you had $45k to invest, would you buy one property with 20% down to get some cash flow or buy two with 10% down and break even on cash flow or have a small negative cash flow.” […]

If I Could Purchase Only 1 Investment Property

Thursday, December 6th, 2007

In my post “I Know You Have Questions”, I asked the readers of my site to send me questions or topics that they are just dying to ask or are confronted with often. John Gall asked: “If you could purchase only one property would you choose a 4 bedroom and skip 3 bedrooms or consider […]