Property Taxes by State

Property taxes vary widely across states both in terms of annual taxes paid as well as effective tax rates. In 2017, the difference between average real estate taxes paid by New Jersey and Alabama home owners was nearly $8,000. New Jersey continued its perennial distinction as having the highest average real estate tax bill per [...]

The Music is in the Man

"The music is not in the instrument.  The music is in the man!" by Bill Cook In my early twenties, I thought that to be successful, I must look successful.  I bought a Mercedes Benz, a gold Rolex watch and some Brooks Brothers suits.  Dean Kates, who was my mentor back then, told me the [...]

2019-03-15T18:53:36+00:00March 14th, 2019|AZREIA, Creative, Did You Know...|

How Can One Deal Lead to More Deals?

Most folks think real estate investing consists of finding a deal, taking it down, getting it rehabbed and sold, and then going out to find the next deal. But what if you structured the deal in such a way that one deal leads to more deals? Let’s look at two real-world examples of this.. 1.  [...]

2019-03-07T20:15:16+00:00March 12th, 2019|Uncategorized|

Random Things to Know…

... in Lending! Earnest Money: Once a buyer and seller come to an agreement and are in contract, the next step is to deliver earnest money to the title company. While this seems simple enough, there are numerous things that need to be avoided or they could cause issues down the road. Below are helpful [...]

2019-03-05T23:43:58+00:00March 7th, 2019|AZREIA, Did You Know..., Investing|

Legally Speaking…

Question: 60 days before my tenants’ lease expires, I always send a renewal letter telling them what their options are: they can sign a new lease, they can stay on a month-to-month lease at a higher rental rate, or they can terminate their lease. Recently, I sent out one of these letters but then started [...]