Michael Leafer

You’ve found a property you like after a hectic house hunting process. You’re excited; it is time to put an offer on the table, and you reach an agreement with the seller. All’s not done. Due diligence forms the vital part of the property purchasing, whether it’s buying a single-family home or that 100-unit apartment […]

  Amid the excitement of finding your first home to flip, it’s important to remember selecting your flip is a business decision. As such, research should guide your choice rather than emotions. For instance, the general school of thought is move-in ready houses aren’t good choices for flips. The house must need improvement if the […]

    Purchasing a new property is a big decision–and it involves many steps. You know that, before you purchase a property, you need to get written estimates concerning what it will take to fix up the property. Before you do that, however, you should take the time to walk through the property yourself. Why […]

     Preparing a Renovation Plan Investors own rental properties for several reasons, but the two common ones are: Generate income by making a profit. Increase a property’s value during ownership. Financially, they are the two factors that successful investors use to test ideas and decisions about possible renovations. They work to a plan based […]

Property Maintenance Properly maintaining investment properties has two main benefits: Good tenants value the care and consideration, so are more likely to re-sign a lease and stay. Well-maintained properties keep their value better, and are less likely to suffer electrical, plumbing, or appliance failure that demand emergency repairs and unexpected costs. Good maintenance, therefore, has […]

Introduction To an investor, a residential property is a source of wealth creation, revenue, and profit. It is also someone’s home and an obvious part of a community or neighborhood. Most investors want to buy a property at the lowest possible price to maximize immediate equity ownership and potentially maximize their capital gain when they […]

    The 1% and 2% Rule Many investors use these quick calculations when they first see a potential property. We explained the rule and the calculations in one of our previous blogs, “Should you Follow the 1% or the 2% Rule?” In this blog we will broaden the discussion. Successful investors work to a […]

Two Common Investment Strategies Many real estate investors adopt one of two common strategies – the dynamic or the planned. Both offer success but one tends to deliver higher profit in the longer term. New investors are often assume that “It’s a numbers game – win some, lose some” or “If it’s a good price […]

nvest Via a 1031 Exchange and Expand Your Options   Expand Your Options In a previous blog we explained the basics of buying and selling investment properties via a 1031 Tax Deferred Exchange. In this one we discuss how, by using a 1031 Exchange, investors can expand their options. Many people who are new to […]

    Who Should Understand the 1031 Tax Deferred Exchange? Investors who either flip properties or who decide to sell one or more of their current rental properties to invest in new ones should understand the 1031 Exchange rule. It is also known as a Starker Exchange or a Tax Deferred Exchange. What is a 1031 Exchange? […]