
Rental Property Café™- Episode 3 - 6 Common Rental Property Budget Mistakes
What are the most common rental property budget mistakes rental property owners make -- and what can real estate investors can do to avoid them?
We want you to get really, really good at managing your money, your real estate and your other investments. That's why we're so passionate about teaching what we've learned on our own financial journeys. There's a ton of information out there online about real estate investing and personal finance – how do you know what is useful? What's unrealistic or just a sales pitch? We can help. Follow The Real Life Blog for realistic, practical guidance and curated resources on living your real (estate) life.
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What are the most common rental property budget mistakes rental property owners make -- and what can real estate investors can do to avoid them?
Real Life Planning launches a podcast with Episode 1 of the Rental Property Café™. Hosts Cynthia Meyer and Veronica Woods discuss how they each got started in real estate investing, and what they learned which can help other professionals build diverse sources of income.
Risk management in real estate financial planning is evaluating and forecasting financial risks and identifying ways that you can avoid them or minimize their impact.
How much of a deductible should you carry on your property insurance if You are shopping for a landlord policy and you must decide on the terms. A lower deductible means higher premiums. How do you decide how much of a property deductible to carry?
A retirement projection is a powerful diagnostic test. Real estate investors should choose a retirement calculator to run a retirement projection that can accurately reflect their rental or commercial property holdings.
Maintaining cash reserves to pay large or unexpected expenses is a critical component of a real estate investor's financial plan. Your first financial goal once your property is rented is building your cash reserves.