Archive for Real Estate Market

5 Tips For Setting Your Rent Price

One of the first questions I had when deciding to rent out my property was, how much rent can I ask for?

The answer to this question was going to determine if I would become a landlord or not.

I made a video for you to tell you how I went about setting the rent price for my first rental.

 (Let me know what you think about the glasses!)

 

In this video I talk about the 5 things that I used to set my very first Rental Price including:

1) Your Gut

2) Friends in the Industry

3) Comparables

4) Test Ads

5) What you need to be Cash Flow Positive

Let me know what you think in the comments below!

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Posted in: Cash Flow, Real Estate Market, Rent Price

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Being A Landlord.com Podcast Episode 1 Luxury vs. Low Income Rentals

I still struggle with this question. Should my next property be a luxury rental? Or should it be a low income rental?

My wife and I currently own one of each.

In this Podcast (The First Official Podcast of Being A Landlord.com!) I discuss the good points and the bad points of both.

Take a listen and let me know what you think in the comments!

 

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Posted in: Real Estate Market, Rental Property Type, Tenants

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Real Estate Market Still Looking Awesome!

In my opinion the real estate market is very cyclical and I know many others agree. The good news is, it looks like we are on the up side of the cycle again. If you have not bought real estate already, NOW IS THE TIME!

I have created this video blog post to tell you about the latest bit of news that I have heard about to support my thinking.

Here is the article I quote from: http://www.gainesville.com/article/20140120/ARTICLES/140119596/1002/NEWS01?Title=Foreign-buyers-key-players-in-real-estate-local-Realtors-try-to-capitalize-on-trend&tc=ar#gsc.tab=0

I would love to hear your outlook on the real estate market! Let me know in the comments!

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Posted in: Real Estate Market

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