Lessons from the Pros

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Real Estate Newsletter – February 2019

Thoughts from Diana

This month the newsletter will focus on rental properties. Joe Russo provides us a road map for adding value to rental properties. Joe is a very successful landlord and multi-unit developer. Most of his real estate business is in New Jersey and Florida.

It’s February and in California we start thinking about spring, however since I just returned from the Minneapolis office where the high was 6 degrees, I realized there is still a lot more winter ahead. So, I felt it wasn’t too late to share an article about winterizing your property.

Under tips this month you’ll notice we’ve added “How to search for REO’s”. This is a new feature and data feed of the Deal Board. I’ll be covering this topic in my next RECC.

Remember we are here to provide guidance and support – contact us at help@tradingacademy.com.


INCREASING RENTAL PROPERTY INCOME BY ADDING PROPERTY VALUE

By Joe Russo

If you want to increase the amount of income you bring in with your rental property, you have to add value to the property. So, adding value. What does it mean to add value to a rental property? There are some basic strategies I’ve used over the years to help increase my rental property income. They include things like increasing parking, better screening for potential tenants and so on. We will discuss some of these ideas here in a little more depth.

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WINTERIZING YOUR RENTAL PROPERTY

By Diana Hill

The consequences of not properly winterizing your home and/or rental property can be costly. We will focus on how to properly winterize your home to prevent these types of disasters: water damage, fire, and physical liability.

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Upcoming Classes

In-Center Classes

Real Estate Foundations with Jason Tom
Denver, 2/1/2019 – 2/2/2019

Real Estate Foundations with Jason Tom
Kansas City, 2/18/2019 – 2/19/2019

Real Estate Foundations with Jason Tom
Minneapolis, 2/22/2019 – 2/23/2019

Online Classes

Wholesaler with Joe Short
2/1/2019 – 2/4/2019

Real Estate Foundations with Gary Tole
2/23/2019 – 2/24/2019

Real Estate Tax Strategies with Michael Atias
3/11/2019 – 3/12/2019

RECC 4:00PM – 5:30PM (Pacific Time)

2/7/2019: Guest Speaker – Jason Tom

2/14/2019:How to Most Effectively Work with a Real Estate Professional – Gary Tole

2/21/2019: Working with Contractors – Ron Fields

2/28/2019: The Right Acquisition Strategy and Working Your Plan – Diana Hill

Questions can be submitted to help@tradingacademy.com and deals can be uploaded for deal review.

Office Hours for Total Solutions Students:
Tuesday 6:30 AM- 7:30 AM PST
Friday 12:00 PM – 1:00 PM PST


DISCLAIMER This newsletter is written for educational purposes only. By no means do any of its contents recommend, advocate or urge the buying, selling or holding of any financial instrument whatsoever. Trading and Investing involves high levels of risk. The author expresses personal opinions and will not assume any responsibility whatsoever for the actions of the reader. The author may or may not have positions in Financial Instruments discussed in this newsletter. Future results can be dramatically different from the opinions expressed herein. Past performance does not guarantee future results. Reprints allowed for private reading only, for all else, please obtain permission.