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| Articles by Rob Lett |
1. Home--Improv, Walls fall down, go boom, when not attached.
September 14, 2012
Warning; Walls fall over when not attached! I thought I did some shoddy repairs in my life, but this was just scary. The installer of a wall that I planned on removing had never been attached to the ceiling. It was basically just caulked to the ceiling, which made it look like it was actually attac...
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2. How much is that next investment home - Real Estate - How much should I pay and is there a profit
March 22, 2012
How would you know how much to pay for that next investment home? I have a simple formula that will help you make that decision. The only hard part is getting your after repair value estimates amounts correct.
The definition of the terms in the formula: 1. ARV or After Repair Value is what ...
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3. How much is that next investment home - Real Estate - Calculating Holding-Closing Costs
February 29, 2012
How to calculate double closing and holding costs of a property? This is another question Real Estate investors ask quiet frequently. So I'll try my best to answer them here so others can benefit from the answers.
Holding costs are what the property will cost you while you are trying to get ...
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4. How much is that next investment home - Real Estate - Calculating Renovation or Rehab Costs
February 29, 2012
How to calculate rehab costs of a property? This is another question Real Estate investors ask quiet frequently. So I'll try my best to answer them here so others can benefit from the answers.
Your rehab costs will all depend on how much of a repair project it is and if there is any major re...
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5. Where Is a Good Place to Invest in Real Estate?
February 27, 2012
Finding a good place to invest in Real Estate within the United States can sometimes be a chore. In the past I always searched for places that had new industry and/or companies moving into a location that required enough employment to almost guaranty my property to have a tenant for at least 5 years...
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6. How to Create Great Employees and Future Joint Venture Partners
February 25, 2012
If you can teach, and you know your business, you can offer to mentor individuals and help them get into the Real Estate investment arena. I've paid thousands of dollars to get just three days of this type of hands-on training! I would have given anything to get this type of training for free! And t...
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7. An interesting quote from our 3rd President.
February 24, 2012
Hits home with many banks foreclosing on mortgages that they don't even own. And most of those are in current litigation due to false documents.
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private ...
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8. Listening - The Most Important Part of Speaking With any Client, Even in Real Estate
February 24, 2012
I learned well into Real Estate Investing that sometimes it's not what you say, it's what you do. This was a few years after I got into Real Estate Investing back in the late 1990's. Something I wish someone would have sat me down and told me about. And then made me believe! It doesn't sound hard, b...
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9. Home Improv-Ment, How-not-to Fix Plaster
February 24, 2012
Disclaimer: This was my first year as a Real Estate Investor back in the mid to late 90's, I was in that leaning stage.
A tenant called about an issue in his bathroom, he said the ceiling was drooping down a little. So I head over to assess the damage and repair. When I get there, I could ha...
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10. A rehab Loan Might be What You Need, Or Is It
February 24, 2012
The 203k loan allows you to buy and fix up a property all in one transaction. This allows you to get a loan for above what the property is currently worth, in the form of a 1st and 2nd. Which is nice if you find a house that's in poor condition and just needs cosmetic repairs or a little upgrading. ...
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Author: Rob Lett
