Saturday, February 13, 2010

A long term investment in real estate

Dear Investor,

With dropping home prices, a long term investment in real estate is looking pretty attractive. Whether you want to buy rental property outright, or if renting is your Plan B if your rehabbed house doesn't sell, the most important thing you need to think about before you become a landlord is risk.

Most of us were renters at some point in our lives, whether in college or while we were working that first job. When you are renting, it seems like the landlord has all of the power. He chooses the paint color on the inside of the house, what trees or shrubs you have in your yard, when your lawn gets mowed or your driveway gets cleared of snow. When your rent is late, even a teeny tiny bit, that landlord is on your butt like white on rice. And when your lease is up for renewal, the rent goes up as inexorably as the rising sun.

And yet, when you trade places and suddenly YOU are the landlord, you realize that the tenant has all of the power. The tenant physically occupies your property. They can damage the structure or the appliances. Their pets pee on the carpet and chew up the woodword. If they sell drugs, the police could literally seize your property. And the tenant controls that ultimate item of power: The Rent Check...which you desperately need, on time, in order to pay the mortgage each month. In fact, unless you are very lucky, the rent check probably won't cover the mortgage. Worst of all, if your tenant suddenly turns deadbeat, it can take months to evict them from the house. All the while that mortgage payment has to be made, on time, every month, or you could lose the house to foreclosure.

ARE YOU SCARED YET? Well, you should be.

If you ARE a landlord or decide to go ahead and become a landlord for the first time there are many things you need to know:

How to Fill Vacancies within 72 hours
How to Have a Property in Move-in Condition BEFORE they Move-out
How to Increase Your Monthly Cash Flow When You Fill Your Vacancies
How to Get Tenants to WANT to Pay You More
How to Raise Rents and Keep Your Tenants Happy
You should also know:

The 9 most Costly Landlord Mistakes
The Vital Questions to Ask Every Applicant
How to Eliminate Costly Surprises During the Year
How to Avoid Retaliation Even When Residents are Evicted
How to Get Residents to Pay you On Time - Every Time
If you think this information would help save you time and THOUSANDS of dollars, then you need to come spend time with MR. LANDLORD, Jeff Taylor at the Brookview University Spring 2010 Real Estate Investor Retreat.

This year's retreat will be held APRIL 9TH-11TH 2010 in Hartford, CT at the Hartford/Windsor Marriott. Visit our website: www.brookviewuniversity.com and go to the Live Events Section. You can find more details and register for the Spring 2010 Real Estate Investor Retreat. You can also call Ron DelMoro at 877-734-2211 x318 for more information, or to register. Don't waste any time! Seats are filling up quickly. We sold out last year, and this year will be no different.

Don't miss out on seeing Mr. Landlord, Jeff Taylor at the Brookview University Spring 2010 Retreat this April. We look forward to seeing you there!

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