Archive for November 7th, 2007
Seek Out Qualified Buyers
Wednesday, November 7th, 2007Once you have your property positioned for sale, you will want to seek out qualified buyers. For some reason, some sellers like to be secretive about selling their property. Maybe they expect a drop in the level of property management service if the management company knows the property [...]
To Sell or Not to Sell
Wednesday, November 7th, 2007We talked about the pros and cons of flipping your way to wealth. Flipping as you recall, is the act of buying property and selling it rapidly at a profit. That profit is either used to purchase another property or pocketed. Many people think this is the way to build wealth, [...]
Running Your Expenses Lean
Wednesday, November 7th, 2007The next area to manage when you want to sell your property is your expenses. There are two kinds of expenses: fixed and variable. The fixed expenses are your property taxes, utilities, insurance. The variable expenses are management costs, payroll, administrative, advertising, repairs, and maintenance items. You’ll have [...]
Maximize Your Future Potential Income
Wednesday, November 7th, 2007When you are buying and holding property it makes sense to want to maximize your cash flow. After all, you want to reap an annual return for years to come, and the higher the better. To do that you’ll want your property at 100 percent occupancy; even if it means [...]
