Real Estate “Guru” Reviews

There are a lot of real estate “gurus” out there, most specializing in a specific niche market.  If you’re attending your local REIA meetings regularly and they are bringing in these gurus to speak at the meetings, then you’ve probably heard some of these people speak.
Here’s the typical real estate guru: they start out with [...]

Real Estate Investor Associations

When you get into this business of real estate investing, one of the best things you can do is to join your local Real Estate Investors Association (REIA).  To find group(s) close to you, visit www.nationalreia.com, click on “Find A REIA” on the left, click on your state and then find the group(s) closest to [...]

Buying Rentals Right

In my last post I mentioned buying your rental properties right.  There are several formulas out there to buying real estate.  Due to short attention spans, I won’t even begin to list them.
A common formula is After Repair Value (ARV) * 70% – closing costs – taxes – insurance – repairs – your profit = [...]

I don’t want to be a landlord!

“I don’t want to be a landlord!”  I hear this phrase from many other real estate investors.  They don’t want phone calls at 2:00 AM for an overflowing toilet (because 2:00 AM is when everything breaks in rentals).  My response to these investors is “Okay, then don’t be. BE AN INVESTOR!”
Hire a property manager to [...]

Welcome To My Real Estate Brain

Hello, my name is Lon Peper and welcome to my blog on real estate investing.  The name of my blog came from a friend of mine who keeps a folder in his filing cabinet labeled “Brain,” where he keeps important notes on various things he needs to remember for his job.  I have adopted this [...]