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Metrolina REIA | Blog
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  • The concept of fixing and flipping property has taken a new turn and nowadays, it is a lucrative way for investors to amass wealth and increase their personal net worth. Who knew buying that beautiful yacht would become easy after getting the hang of fixing......

  • Wholesaling is a great way to enter the world of real estate investing because you don’t need much capital to begin with. Real estate offers incredible wealth-building opportunities, but for many, it is difficult to get started in because of the huge capital investment required.......

  • Editor’s note: This is the first of a two-part column.  pl. hyp·no·ses (-sz): An artificially induced altered state of consciousness. Real estate hypnosis is the artificial induction of believing the “rules” of real estate don’t change. That well-established principles of real estate must be followed......

  • Editor’s note: This is the second of a two-part column. The first appeared Sept. 23. “You need money to make money”: This is the most powerful hypnotic lie for most investors. For most of my students this is the biggest barrier they need to break......

  • When speaking to the uninitiated about the innumerable benefits of investing in real estate, a common response I get is: “well, I don’t want to be running out to unclog a tenant’s toilet at 3am.” I wonder if they think that I want to? That......

  • Real Estate transactions have several participants seated at the closing table that are responsible for the success of the deal and that make a profit from the deal. If you were to sit down and figure the hours spent working on the project then divide......

  • It is well-nigh impossible to impossible to be a Real Estate Investor for any length of time without owning a house that sits vacant at some point- be it between tenants, or after a rehab and while you’re waiting for it to sell (in a......

  • I am a big believer in always seeking to learn from others with more knowledge and experience. Mentorship is probably one of the best ways to excel in the practical knowledge of just about anything. When it comes to learning how to invest in real......

  • Are you putting off a big decision or a big life change because you are afraid of what could happen? There is incredible power in defining and getting clear about the worst-case scenario, the nightmare that you’re too afraid to look square in the eyes.......

  • The opportunities to invest in Real Estate are nearly endless. I have previously invested in the development of a commercial building, residential developments, builder spec homes, builder model home sale/lease back, flips, new home builds and residential rentals. Most recently I’ve gone in a new......

Real Estate Investing Today

  • Landlord Fined Exorbitant Fees Over Tenant’s Chickens
    Ramona Morales, landlord (Institute for Justice) A landlord in Southern California is part of a class-action lawsuit against the cities of Indio & Coachella over exorbitant fees resulting from actions taken by her tenants who had chickens.  As you might have guessed, there’s a little more to the story than just... Read more »
  • Survey Reveals Who’d Consider Buying a Tiny Home
    We’ve had several posts about the impact of so-called tiny houses on the real estate market but now comes a survey from the National Association of Home Builders that says a majority of Millennials (63%) would consider buying a tiny home.  In fact, just over half (53%) of those surveyed... Read more »
  • Metros with the Most McMansions for Sale says now that the economy is roaring again McMansions are making a comeback.  To that end, they scoured the data for homes with at least 3k square feet as well as the metros with the highest percentage of them on the market.  Interestingly, they found that more than 70%... Read more »
  • Housing Starts Up 9.7% in January
    The U.S. Government is reporting that privately owned housing starts in January were at a seasonally adjusted annual rate of 1,326,000.  This is 9.7% above December’s revised number and is 7.3% above January 2017.  Single-family housing starts in January were at a rate of 877k, which is 3.7% higher than... Read more »
  • Happy Chinese New Year!
    The contributions of Chinese-Americans to the greatness of this country have been incredible.  Today, February 16th marks the beginning of the Chinese New Year; the Year of the Dog.  If you’re fortunate enough to live in an area of the country with a sizeable population of ethnic Chinese, be sure... Read more »
  • HouseCanary’s Q4 Rental Investment Index
    Data powerhouse HouseCanary recently released their Rental Investment Index (HCRI Index) for Q4 2017 which showed the nationwide Effective Gross Yield (EGY) for U.S. single-family rentals was 7.3%, indicating what they say was a “healthy yield in spite of the continued rise in housing prices.”  The HCRI Index helps single-family... Read more »
  • Local Market Monitor’s National Economic Outlook for February
    Local Market Monitor (a National REIA preferred vendor) recently released their National Economic Outlook for February, 2018 where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook – February 2018 February 14, 2018 By Ingo Winzer Measured by Gross Domestic Product the economy grew 2.3 percent in 2017... Read more »
  • Airbnb Income Can Now be Counted When Refinancing
    A new initiative being developed by Airbnb, in partnership with Fannie Mae and several lenders, would allow homeowners wishing to refinance their homes the ability to count, as income, funds generated from their properties listed on the homesharing site.  According to a recent article on Curbed, Airbnb will supply a... Read more »
  • U.S. Cities with the Most Congestion
    Driving…..We all do it and we all hate getting stuck in traffic.  Some cities are better than others and some make the list for being the most congested.  The folks over at Statista recently crunched the numbers to come with America’s top 10 most congested cities.  They report that 86%... Read more »
  • Hempcrete Being Used as Building Material
    In a recent episode of Real Estate News for Investors, Kathy Fettke talks about a corner of the hemp market that she says is “shaking up the construction industry.”  It’s called hempcrete (that’s right hemp + concrete) and it’s a green building material that dates back to the Roman times... Read more »

Meck Times

  • INVESTORS’ CORNER: Avoiding probate with your real estate 
    Frequently clients want to know how to Avoid Probate.  Avoiding probate can save large sums of money, reduce administrative time (headache), and maintain privacy. Probate is the legal process through which the estate of the deceased is administered.  Probate can be costly.  In addition to attorney’s fees, the personal representative... Read more »
  • INVESTORS’ CORNER: I want to earn better returns, what can I do? 
    By Nasar. El-arabi If you are looking for low risk and secure investment opportunities that have the potential to offer good returns in the long run, few can do it for you better than real estate investments. This industry not only experiences low volatility, but also offers a sure bet... Read more »
  • INVESTORS’ CORNER: Ignore the static and take-action 
      If these last few years your pocketbook has become lighter, your expenses have gone up, and your incoming cash flow has gotten tighter, you’ve got to ‘rise above the occasion’ and take control of your situation. I know so many people that react to the situations that hit them rather... Read more »
  • INVESTORS’ CORNER: Buy and hold strategy for the long term (part 2) 
      Part 2 of 2 Would you like to guarantee that your tenants pay their rent every month when it’s due? If this appeals to you, the Section 8 federal housing assistance program should have a lot of appeal to you. Here’s how it works: Based on tenant income, family... Read more »
  • INVESTORS’ CORNER: Buy and hold strategy for the long term – part 1 
      A classic real estate investing strategy with a newer twist has the potential to help you build a fat real estate investing portfolio that will be the envy of all the “smaller” investors at your REIA meetings. First, this strategy isn’t new. Generations of wannabe real estate investors have... Read more »
  • INVESTORS’ CORNER: 10 Rules for staying in the flipping business 
    By Jeff Johnson Thou shalt not overpay for investment property – Every successful investor knows you make your money when you buy property, not when you sell it. Do not rely on market escalation for your profit……ever. Thou shalt not underestimate repairs – The only other flipping sin that will... Read more »
  • INVESTORS’ CORNER: Familiarity breeds contempt part 2 
      Now, Tommy’s landlord is a real nice guy. Watched the football game with him just the other Sunday. If all Tommy has to do to keep a roof over his head is call his landlord and ask, plead, or threaten, can anyone else guess who will not be paid... Read more »
  • INVESTORS’ CORNER: Familiarity breeds contempt 
      A bold, categorical statement, some would say. No, not all tenants are created equal, just as all landlords are not. This article is addressed to landlords who rent property to individuals or families that live paycheck to paycheck, exactly as some landlords (normally beginning landlords, real estate has an... Read more »
  • INVESTORS’ CORNER: Is your insurance up to date? 
    Last month when pipes burst in a vacant apartment and flooded my office below. The severity of the damage and the stress that resulted taught me some important lessons I needed to learn as a leader. In addition to failing to fully assess the extent and severity of the situation,... Read more »
  • INVESTORS’ CORNER: The 12 great riches of life 
      If you’re like me, the end of the year marks a time of psychological “bookends”, consisting of December 31st and January 1st, with which to enclose the accomplishments, triumphs, defeats, and overall; gauge the forward progress (or lack thereof) of another year, irretrievably past. I hope you’ve checked off... Read more »