• Newbie Real Estate Investor Tips Newbie Real Estate Investor Tips

    1 comment / Posted on by Steven Rivera

    Newbie Real Estate Investor Tips

    Are you looking for some real estate investing tips to start building your real estate empire? Or maybe just to generate a stream of income separate from your day job. Real estate is one of my personal favorite investments. Here are just a few reasons why:

    • Cash flow. Even if you finance your investment property, you’ll still enjoy a positive cash flow (assuming you did your due diligence to make sure the property would be a wise investment). And once your tenants pay down your mortgage, your cash flow sky-rockets.
    • Tax breaks. Even with the new tax plan, there will be plenty of deductions available for investment property owners.
    • Appreciation. In addition to the cash flow and the tax breaks, real estate generally appreciates over the long-term. Of course the exact rates vary heavily between markets and years. So I really consider appreciation to be icing on the cash flow cake.
    • Highly passive income. Once you have good tenants moved in, you’ll just need to handle a few repairs and a lease renewal annually. Or you could hire a property manager to make the income entirely passive.
    • Perfect for real estate professionals. As a real estate pro, you already know your market and have insider information to help you make smart investment decisions. Plus the cash flow will help stabilize your income during your slow season or even through a down market.
    • Asset-building. If you spend your spare time collecting smart rental properties, you’ll be able to build quite a...

    Are you looking for some real estate investing tips to start building your real estate empire? Or maybe just to generate a stream of income separate from your day job. Real estate is one of my personal favorite investments. Here are just a few reasons why:

    • Cash flow. Even if you finance your investment property, you’ll still enjoy a positive cash flow (assuming you did your due diligence to make sure the property would be a wise investment). And once your tenants pay down your mortgage, your cash flow sky-rockets.
    • Tax breaks. Even with the new tax plan, there will be plenty of deductions available for investment property owners.
    • Appreciation. In addition to the cash flow and the tax breaks, real estate generally appreciates over the long-term. Of course the exact rates vary heavily between markets and years. So I really consider appreciation to be icing on the cash flow cake.
    • Highly passive income. Once you have good tenants moved in, you’ll just need to handle a few repairs and a lease renewal annually. Or you could hire a property manager to make the income entirely passive.
    • Perfect for real estate professionals. As a real estate pro, you already know your market and have insider information to help you make smart investment decisions. Plus the cash flow will help stabilize your income during your slow season or even through a down market.
    • Asset-building. If you spend your spare time collecting smart rental properties, you’ll be able to build quite a...

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  • Easy Ways to Spruce Up Your Rental Property Easy Ways to Spruce Up Your Rental Property

    0 comments / Posted on by Steven Rivera

    Easy Ways to Spruce Up Your Rental Property

    When it comes to getting your property rented –and fast, you need a way for it to stand out from the crowd.

    While many landlords shy away from renovations, fearing the cost will be too high, the truth is that you don’t have to spend an arm and a leg to get your rental presentable. Often, simple improvements and even basic, low-cost upgrades can make all the difference.

    Not only will a facelift help your rental to attract more interest from applicants, but it can also help to set the standard for the tenants that you end up getting in your rental. Keeping your rental in good shape shows your tenants the type of condition that you expect them to keep it in as well, and encourages them to treat it right.

    You don’t have to break the bank, tear down the walls, and upgrade every room in your house to make your rental more appealing. Here’s a look at some simple upgrades that can help your property to stand out.

    Give It a Fresh Coat of Paint

    There’s nothing like a fresh coat of paint! A new coat is one of the fastest and most cost-effective ways to instantly improve your rental’s interior. In fact, many landlords opt to paint the main living areas in between each tenant.

    If you’re planning on doing the job yourself, just remember that the secret to a good coat of paint is largely in the prep work that you do. Don’t skimp on time, make sure the walls are...

    When it comes to getting your property rented –and fast, you need a way for it to stand out from the crowd.

    While many landlords shy away from renovations, fearing the cost will be too high, the truth is that you don’t have to spend an arm and a leg to get your rental presentable. Often, simple improvements and even basic, low-cost upgrades can make all the difference.

    Not only will a facelift help your rental to attract more interest from applicants, but it can also help to set the standard for the tenants that you end up getting in your rental. Keeping your rental in good shape shows your tenants the type of condition that you expect them to keep it in as well, and encourages them to treat it right.

    You don’t have to break the bank, tear down the walls, and upgrade every room in your house to make your rental more appealing. Here’s a look at some simple upgrades that can help your property to stand out.

    Give It a Fresh Coat of Paint

    There’s nothing like a fresh coat of paint! A new coat is one of the fastest and most cost-effective ways to instantly improve your rental’s interior. In fact, many landlords opt to paint the main living areas in between each tenant.

    If you’re planning on doing the job yourself, just remember that the secret to a good coat of paint is largely in the prep work that you do. Don’t skimp on time, make sure the walls are...

    Read more

  • Why We Love the South Side of Pittsburgh Why We Love the South Side of Pittsburgh

    0 comments / Posted on by Steven Rivera

    Why We Love the South Side of Pittsburgh

    Ask anyone who lives or has lived in Pittsburgh in the past and they will tell you that living on the South Side is living in a neighborhood where everyone knows and looks out for one another. They will tell you that no matter where you go, you will always find a familiar face when walking down the street.

    Things to do on the South Side by Day

    The South Side can be said to be the Greenwich Village of Pittsburgh. It is the city’s best walkable neighborhood. Things are pretty calm during the day, as those without 9 to 5 jobs wander the streets and go about their business.

    They say the South Side is one of the few places where you regularly see both old ladies with blue hair and punk kids with blue hair. The working-class neighborhood turned into a popular destination many years back, as dive bars, record stores, funky coffee shops and lots of tattoo parlors began popping up.

    One of our personal favorite spots on the South Side is the Beehive, one of the most awesome indie coffee shop we have found in any city.  You can also stop by the Milk Shake Factory for a variety of decadent shakes and sweets.

    Best of all? The South Sider Riverfront Trail provides five miles of beautiful trail for hiking and cycling with stunning city views as well as a forest of trees. The trail connects with the Great Allegheny Passage, which goes all the way to...

    Ask anyone who lives or has lived in Pittsburgh in the past and they will tell you that living on the South Side is living in a neighborhood where everyone knows and looks out for one another. They will tell you that no matter where you go, you will always find a familiar face when walking down the street.

    Things to do on the South Side by Day

    The South Side can be said to be the Greenwich Village of Pittsburgh. It is the city’s best walkable neighborhood. Things are pretty calm during the day, as those without 9 to 5 jobs wander the streets and go about their business.

    They say the South Side is one of the few places where you regularly see both old ladies with blue hair and punk kids with blue hair. The working-class neighborhood turned into a popular destination many years back, as dive bars, record stores, funky coffee shops and lots of tattoo parlors began popping up.

    One of our personal favorite spots on the South Side is the Beehive, one of the most awesome indie coffee shop we have found in any city.  You can also stop by the Milk Shake Factory for a variety of decadent shakes and sweets.

    Best of all? The South Sider Riverfront Trail provides five miles of beautiful trail for hiking and cycling with stunning city views as well as a forest of trees. The trail connects with the Great Allegheny Passage, which goes all the way to...

    Read more