Heroic Investing

rental property

Social Media Mastery:  a Must for Investors

Social Media Mastery: a Must for Investors

Like it or not, social media is here to stay. And, as we reported in a previous post, it’s changing the way real estate business is conducted. Social media can help income property investors manage properties, network and even find new tenants – but these useful tools come with potential pitfalls. Even...

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Retirement -- or an Encore Career?

Retirement — or an Encore Career?

The “American Dream” of retirement – hang up the working clothes at 65 and hit the golf course – is becoming an impossible dream for many Americans who keep on working because they can’t afford to retire. But still others are choosing to delay or skip retirement altogether – and much to the...

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The Home Office Deduction Saves You Money

The Home Office Deduction Saves You Money

Investing in income property brings with it a long list of tax deductions – benefits for homeowners that include repairs, maintenance and even travel. One of the most important deductions relating to investment property is the home office – yet it’s a write-off many investor/entrepreneurs are reluctant...

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Good Leases Protect Investors

Good Leases Protect Investors

A good lease or rental agreement is a landlord/investor’s friend. But although property owners invest time and resources in getting properties ready for occupancy and screening tenants carefully, when the time comes to seal the deal, they resort to a lease agreement form from a local office supply...

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Do Investors Need Rental Insurance?

Do Investors Need Rental Insurance?

You’ve worked hard to start building wealth with rental income property. You’ve followed Jason Hartman’s recommendations to educate yourself, diversify and take out a fixed rate mortgage, and now you’re ready to get rent-paying tenants into your new investment. But before you take that step,...

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A New Wave of Renters is Good News for Landlords

A New Wave of Renters is Good News for Landlords

They’re calling it the ‘renter tsunami” - a wave of Americans choosing tot rent rather than buy homes that’s fueled by two key demographic groups: millennials and the newly retired. Although these two groups may not appear to have much in common, their desire to rent is driven by some common...

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Why Holding Beats Flipping in Real Estate

Why Holding Beats Flipping in Real Estate

“You got to know when to hold ‘em, know when to fold ;em,” sang Kenny Rogers in the hit song “The Gambler.” That’s good advice in real estate as well as in poker. And in real estate, as Jason Hartman says, it’s the best advice most of the time. House flipping doesn’t build long-term wealth,...

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Are Tenants Worth the Risk?

Are Tenants Worth the Risk?

Can a vacant property be worth more than one that’s rented? Although the “income” in income property investing typically comes from rents paid consistently by tenants, landlord/investors frustrated by tenant problems may find that it’s a smarter strategy to leave a property vacant over time....

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New Grads Fear Mortgage Debt

New Grads Fear Mortgage Debt

Student loan debt may the next bubble waiting to burst – with potential repercussions for many other areas of the economy, particularly housing. Although new and recent grads are playing a large part in the rising rental demand, the student loan debt they’re carrying makes it impractical, if not...

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Zombie Properties:  Coming to a Neighborhood Near You?

Zombie Properties: Coming to a Neighborhood Near You?

Everyone knows about the shadow inventory of foreclosed houses. But how about the zombie inventory? That’s the term coined by a January 2013 Reuters report on homes abandoned by their owners after receiving a notice of foreclosure from their bank. But here’s the catch: in these cases the banks never...

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