Real Estate Rehab Contracting 101, Part 3

Welcome back everyone; let us unpack Rule #2, Verify the Contractor, their license and specialties, insurance and qualifications/ and references. As a customer you have the choice whether you want to cut costs or pay for lower risk.  It is really that simple, the cheaper the contractor usually means the more risk you are assuming … Continued

Real Estate Rehab Contracting 101, Part 2

Today I would like to get into the rules we spoke about on the last blog.  If you remember the rules of contracting, or hiring contractors, you need to understand that all contractors are not created equal.   And here is my disclaimer about this subject: I am a contractor, I make mistakes in contracting, … Continued

Real Estate Rehab Contracting 101, Part 1

Which Contractors Can You Trust? As a contractor myself, I would like to warn you that all contractors are not created equal.  And each contractor is not good at everything, and often times many are not good at anything. I have been a commercial and industrial contractor for most of my career and in the … Continued

Why Owner Financing Makes Sense in Richmond and Surrounding

If you’re thinking about buying a house and you’re exploring your financing options right now, there’s a good chance you’re deciding whether you should go through bank financing or owner financing. There’s already a lot written about bank financing, so this blog post is meant to give you the other side of the coin, to … Continued

5 Overlooked IRS Tax Deductions for Investment Property in Virginia

Buying investment property has one specific intention: to make a profit. Of course, maximizing profits means limiting the amount of taxes you pay on revenues. While most property owners deduct the interest and repairs, most overlook other key legal deductions. Here are 5 overlooked IRS tax deductions for investment property in Richmond and Surrounding. Be … Continued

3 Smart Financing Strategies for an Investment Property in Virginia

Popular television shows make real estate investing seem easy with guaranteed profits. What these shows don’t show you are the behind-the-scenes tribulations that investors must go through in securing and rehabbing properties. If you are new to real estate investment property buying, use these three smart financing strategies for an investment property in Virginia to … Continued

Common Investment Property Mistakes Buyers Make in Richmond and Surrounding

Many people are diversifying away from stock market investments to more tangible portfolio assets. Real estate investments are certainly the most common tangible asset investors start with. However, real estate is costly and thus high-risk if you don’t know what you are doing. Avoid these common investment property mistakes buyers make in Richmond and Surrounding. … Continued

Go around yourself. Lessons from Bass Pro Shops.

Have you realized that maybe the problem is not someone else, but you? How do we realize that, and how do we fix it? To be honest, I don’t really know the answer, I guess the answer could be different for everyone. I just wrote the article about Bass Pro Shops and Cabela’s possibly merging … Continued

Vision, I know you have it. What do you see?

Vision: This year I have earnestly sought out highly positive influences for my personal growth and one thing has become abundantly clear. A large vision is the foundation for a successful life.   How large is your vision? Are your plans and goals so large that it makes you nervous? I am talking about some … Continued

Goals – have they changed? October 18, 2016

I believe we are all striving to meet our goals because we have not reached our own definition of success.  To others it might appear we have, but to us, we may be close but not there yet. That’s what drives us, our vision of leaving this world better off than we found it. And … Continued