The Real Estate Investing Chronicles with Dr. JP Smith

In this episode, I explain the reasons to race to 5 rental properties. I review methods that can be use to purchase properties.

In this episode, I give you three simple tips that you can use to protect your Rental Property.

In this episode I go over some of the mistakes I have made as an investors and buying income properties

In this episode I will go over the 5 ways that I have found investment properties. I’ll let you know which ways from my experience are the best and why?

Today I give a case study on a property I just acquired and how I calculate ROI to see if it’s worth purchasing. My goal is to be above 15% ROI with my income properties.

In this episode I go over the importance of having good home insurance in you investment properties. I talk about the 2 times that I had to file claims with my insurance company; a house fire and home theft.

In this episode I dive into the fears and misconceptions about buying properties that are not in your backyard, in the area that you live. I encourage my fellow investors to not be afraid to invest in properties out of state in markets that might be more ideal than the area they currently live in. I also go into the importance of building a great team, property manager.. ie that can make this possible.

In this episode I go over the process I took to purchase my first solo property. I highlight the importance of having a 401k and using that to buy a property. I also briefly mention some things to consider when calculating to determine a good buy.. ie insurance, taxes and property management fees.

Do your Due DIligence: reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something. This episode I speak on the importance of researching and making a sound decision. I highlight some of the pitfalls I’ve had with my 1st rental property because I didn’t do my Due Diligence.