Did You Know…

Property Taxes by State

2019-03-18T18:42:00+00:00March 19th, 2019|AZREIA, Creative, Did You Know..., Investing, Landlord Tenant Law, Rentals, Strategy, Tax Law|

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

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

"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 [...]

Random Things to Know…

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

... 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 [...]

Legally Speaking…

2019-03-01T16:22:53+00:00March 5th, 2019|AZREIA, Did You Know..., Investing, Landlord Tenant Law, Legal Procedures, Property Management, Property Manager, Small Business, Strategy|

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 [...]

Are You Researching Investment Properties In Transition Areas?

2019-03-05T23:43:58+00:00February 28th, 2019|AZREIA, Creative, Did You Know..., Fix and Flip, Investing, Market Changes, Property Management, Small Business, Strategy|

In previous articles we have addressed time and again that the importance of knowing how evaluating potential investment properties is the key to success in this business. For example, knowing what a property will be worth once you’re finished with the rehab (ARV) is essential, along with knowing the cost of repairs, closing costs as [...]