Tag Archives: Real Estate Investing Tips

Automate Your Rent Collection

Automate Your Rent Collection

As a full-time Canadian real estate investor or landlord, you only have enough time in the day, and that time should be spend creating massive and passive income for yourself by acquiring more property and/or making more deals. So having to go and collect rent cheques every month, depending on the amount of your portfolio, can be quite time-consuming. Continue reading Automate Your Rent Collection

Cutting The Cost of Repairs

Cutting The Cost of Repairs

Stay Out of the Repair Business

One of the worst things that a full-time Canadian real estate investor despises is getting calls from tenants for some small insignificant thing  in your unit that needs fixing.

There are ways to be able to alleviate this  and have the tenant want to be responsible for small insignificant repairs and never bother you with them, thus keeping your maintenance to zero. Is this possible?

Continue reading Cutting The Cost of Repairs

How To Pick The Best Tenants

How To Pick The Best Tenants

As a full-time Canadian real estate investor or landlord, we only have enough time in the day to do certain things, and one of them should not be responding to a continuous barrage of tenant problems. We need to utilize our time in creating more massive and passive income for ourselves.

Continue reading How To Pick The Best Tenants

Turning a Tenant Into a Buyer

Turning a Tenant Into a Buyer

As a full-time Canadian real estate investor, we must create various forms of deals to be able to build massive and passive income for ourselves. The way we do this is a continuous stream of income that is produced by short-term holds; creating deals without using any of our own money or incurring any liability, as well as building our portfolio with long-term holds. The latter does not always mean being a landlord. There are many other ways of creating long term holds with monthly income and a very nice backend return.

Continue reading Turning a Tenant Into a Buyer

How To Put Your Tenants To Work For You

How To Put Your Tenants To Work For You

As a full-time Canadian real estate investor, we have a limited amount of time each day to oversee our portfolio of rental properties. Even having one or two can be time consuming, right? Some of us have a property manager but even still, we have a responsibility to our properties and to our tenants.

Continue reading How To Put Your Tenants To Work For You

How To Collect An Extra Months Rent

How to collect like you are collecting 13 cheques months rent

As a full-time Canadian real estate investor, we will own many types of properties over the span of our career. There will be many exit strategies that we will have used that will enable us to create massive and passive income for ourselves. I must remind you that using a single realtor to help you build your portfolio is a recipe for disaster. By that I mean using a realtor in most cases, allows you to build your portfolio extremely slowly, and get  caught up in what that realtor thinks is best for you.

Continue reading How To Collect An Extra Months Rent

Tricks of the Trade

Tricks of the Trade

As a full-time Canadian real estate investor, we will both have short-term and long-term holds which generate both massive and passive income. With a typical long term hold, a lot of investors get themselves into the dubious position of being a landlord.

To create a better landlord-tenant relationship, and thus a better situation, there are a few tricks that you can utilize to decrease defaults, maintain longer tenancy, and be able to put the have responsible people in your units.

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How To Get Rid Of Bad Tenants Part 2

How To Get Rid Of Bad Tenants Part 2

In the last article I spoke about the conventional way of how most landlords take care of tenant defaults or other reasons for eviction. Continue reading How To Get Rid Of Bad Tenants Part 2

How To Get Rid of Bad Tenants Part 1

How To Get Rid of Bad Tenants Part 1

As a full-time Canadian real estate investor, we must do our best to create massive and passive income. This includes driving more and more deals to us from as many sources as possible.

Keep your losses minimal

As a full-time Canadian real estate investor or landlord, we must keep our loses to a minimum. We have only a limited amount of time during each day, and we want to keep our time to work on things that make us money, and staying away from things that create losses and lots of stress for us.

Continue reading How To Get Rid of Bad Tenants Part 1