Category Archives: Step #1: Find

Rental Property Lease Agreement “Power” Clauses

August 5th, 2008 | Posted in Step #1: Find, Step #3: Fix, Step #4: Rent

This was posted online by Scott Ficek, a Minnesota Real Estate Agent with RE/MAX Advantage Plus. His full contact information is provided at the end of this valuable article… Here are some extra add-in clauses that will give you extra leverage or reduce your headaches with your tenants. Feel free to cut and [...]

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How to become a successful landlord (Steve Tytler)

August 4th, 2008 | Posted in Intro: Getting Started, Step #1: Find, Step #4: Rent, Step #5: Maintain, Step #6: Admin

Steve Tytler of the Herald (e-mail address: economy@heraldnet.com) prepared a really good response to a reader’s question which went something like this:

“We are buying a new home and plan to keep our condo and rent it out. We have never been landlords before and we don’t really know what to do. What advice can you [...]

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For Those Interested in Becoming Landlords…

August 4th, 2008 | Posted in Intro: Getting Started, Step #1: Find

Buying rental property in a down market can be a lucrative investment — but there are some factors you should consider before you jump in. From Consumer Reports, consider these four tips on how to find a good rental property:
Find out where renters want to live. Ask your real-estate agent to show you properties that [...]

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AOL & Bargain Network offer Free 7-Day Foreclosure List Trial

August 3rd, 2008 | Posted in Step #1: Find

I often get asked where to find foreclosures. Thanks to the internet, there are many sites that offer lists for those interested in finding great deals. When I first started out as a real estate investor, I subscribed to one site and kept it for a few months, collecting valuable contacts (bank personnel [...]

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How to Find (and buy) abandoned properties

August 3rd, 2008 | Posted in Step #1: Find

Recently, I was asked on askmehelpdesk.com how to buy abandoned homes. Here was my response (for those of you interested. I’d like to ask my readers / fellow investors to share where they go to find abandoned / condemned homes (or even those up for demolition) and the process they go through to [...]

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Investing In Tax Lien Certificates or Tax Deeds

July 30th, 2008 | Posted in Step #1: Find

The wealthy have been investing in tax lien certificates and tax deeds for years. Tax lien certificates are one of the most profitable [...]

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