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← Older postsInvesting In a Hot Real Estate Market
It’s no secret that we are huge fans of real estate investing. Kinsey & I have bought long term rentals, we have done flips, we now have a vacation rental, and we’ve even done a wholesale deal. We are getting more interest than ever from new investors. When real estate is hot, it seems more Read More
Starting Out With Real Estate Investment
Have you ever considered rental property as an investment? An income producing property can be a great long term investment by providing a little bit of cashflow, monthly equity gains, and hopefully appreciation and tax savings (though there’s no garauntee to those two). At the same time it helps protect you from inflation. You see, a building Read More
Investment Property Financing – Latest Requirements
This is a Guest Post by Ryan Huemmer, the lender we use on our own rental properties. As an owner of investment properties, I get no greater joy than helping someone purchase their first investment property. I’ve worked with AnchorBank for almost 8 years and the world of investment property financing has changed dramatically. With Read More
Lesson Learned – No More Long Distance Landlording
Awhile back I wrote about firing our property manager in Indianapolis. Well things turned out to be worse than I expected. Here’s what happened… The previous tenant had called the health department as retaliation when we filed for eviction. At that point the health department ordered a bunch of repairs. I’ve got no problem with Read More
Real Estate Investing – Buy and Hold vs Flip
There are a million different ways to invest in real estate; buy and hold rentals, flipping, development, wholesaling, note buying, tax liens, just to name a few. The buy and hold rentals and fix and flip type investing seems to be the most common for beginning investors though. So, I’m going to focus on the Read More
Your First Income Property
We recently had the opportunity of working with some first time home buyers who decided to purchase an income property as a first home. They purchased a duplex to live in one half and rent out the other half. Their goal was to own their home while at the same time making a great long Read More
Wisconsin Landlord Tenant Law Changes
On December 21, 2011 the Wisconsin state senate put into effect an act to change the landlord tenant laws. This is known as 2011 Wisconsin Act 108. This act was designed to eliminate many of the additional laws local municipalities added on top of state laws. Here are a few rules that got wiped out: Read More
Homeowner (and Rental Owner) Tax Deductions
It’s that time of year again… Tax time. I know, I cringe when I think about it too. Real estate is one of the most tax favored assets in the United States. If you’re a home owner or rental property owner, don’t forget to take advantage of all the tax deductions available to you. The Read More
City of Madison Rental Property Emergency Contacts
Recently, the City of Madison, WI amended the Madison General Ordinance 27.04(2)(k) to require owners of rental properties to provide tenants with 2 contacts that could be used in case of emergency when the property manager cannot be reached. Of course, whether your rental properties are in Madison or not, it’s a good idea to Read More
Are Dane County Housing Prices Headed Up?!?!
As a Realtor, I don’t know how many times I’ve heard the question, “When is the housing market going to bottom?”. Nobody ever knows exactly when we have hit bottom until they look back in history and see the statistics. Most of what you hear in the media is a broad generalization of our nation as Read More