My Monthly Cash Flow Report – August 2016

Cash Flow

Welcome to my August 2016 cash flow report! Each month I document how my rental properties (RP) are performing in order to track my monthly cash flow. I share both the good and the bad, as well as any lessons learned from investing in out-of-state rentals. For these income reports, I’ll report everything as they occur. That means if no rent came in, there will be a big fat zero. The same goes if there were no maintenance issues for a given month. This is different from when I analyze a potential property that … continue reading.

Temecula Real Estate Market – What I Learned Over Wine Tasting

Temecula Real Estate

Last time, I talked about our wine tasting on a budget trip to Temecula. This time around, I wanted to delve into the Temecula real estate market. Now, I’m sure some of you are thinking, “I’m nowhere near Temecula and don’t intend to buy any real estate there so why even bother reading this post?” The truth is, the steps I take below to analyze the Temecula real estate market are the same as analyzing any market. Whether Temecula, Chicago, or any other city. You can take the same steps to learn … continue reading.

Wine Tasting On A Budget

Wine Tasting

Summer is coming to an end and that means Mrs. Out of State Investor (OSI) will need to head back into the classroom to begin her new school year. Before that happens, we wanted to take a quick trip somewhere that wouldn’t break the bank. We thought about Disneyland, but tickets run about $100 each and the thought of being there in August with the summer crowds was far from relaxing. We wanted to go on an overnight getaway, ideally 2 nights, and stay within as small of a budget as possible. Mrs. OSI … continue reading.

8 Signs to Look for in a Real Estate Market

8 Signs to Look for in RE Market

In this post, I want to share 8 signs for identifying an out-of-state real estate market to invest in. Truthfully, these are positive signs to identify a good market anywhere, whether local or not. By market, I’m talking about a large metropolitan area like Atlanta, Denver, or Memphis. So the tips in this post will focus on higher level macro factors to help you evaluate a large city. Factors such as school ratings, crime statistics, and other demographics won’t be covered here since they are more relevant to identifying sub-markets (i.e. neighborhoods) within the … continue reading.

Vacancy Troubles: What My 9 Week Turnover Looked Like

Vacancy

I often talk to a new investor who’s interested in getting started with rental real estate. One concern they usually have is experiencing a long vacancy.  Recently, one of my out-of-state rentals was vacant for a whole 9 weeks! In this post, I wanted to share what those 9 weeks looked and felt like in animated GIF form! If you’re interested in reading more about this vacant property, I discussed them previously in my monthly cash flow reports. Check out the May, June, and July cash flow report for rental property #2. Week 1: Calling … continue reading.

My Monthly Cash Flow Report – July 2016

Cash Flow

Welcome to my July 2016 cash flow report! Each month I document how my rental properties (RP) are performing in order to track my monthly cash flow. I share both the good and the bad, as well as any lessons learned from investing in out-of-state rentals. For these income reports, I’ll report everything as they occur. That means if no rent came in, there will be a big fat zero. The same goes if there were no maintenance issues for a given month. This is different from when I analyze a potential property that … continue reading.

Rental Real Estate: A Good Hedge Against Inflation?

Rental Real Estate: A Good Hedge Against Inflation?

Have you ever heard someone say that real estate is a good hedge against inflation? This is one of those statements I heard often when I first started learning about real estate investing. Truthfully, I wasn’t even sure what hedge really meant. It’s like “hedging your bets,” someone once explained to me. I don’t gamble and the only image I had was someone trimming hedges. Now that couldn’t be right! With google at my side, I learned that to hedge one’s bet means to take action to protect against a loss. So to … continue reading.