This is Journal Club 10/15/21! I stop every week JOURNAL CLUB. After filtering the articles on the web, I present some that have had an impact on my life this week. Be safe and stay healthy!
- If, as a real estate investor, you enjoy managing your first rental property and the benefits that come with it, you might be tempted to invest in the next for good reason. Adding multiple assets to your portfolio is a great way to grow your business to meet your financial goals. However, new investments bring new challenges, and according to the author of Rentec DirectThere are a few things to consider when investing in multiple rental properties. So what are these tips? To find out, read the article – Tips for investing in multiple rental properties.
- Did you know that evaluating the local rental market is one of the key elements in determining a property’s profitability? According to the author of Property Management“It is important to calculate a rental price before investing and to reevaluate the rental price on a regular basis.” This strategy helps to ensure long-term profitability. To know more about rental rates, please read the article – Evaluate rental prices and know when the rent needs to be increased.
- The cash flow of a rental property can be defined as the income that is left after all expenses related to that property have been paid. However, different investors use different formulas to calculate this amount, and this is where the math gets a little tricky. The author David Greene at Bigger pockets shares his tips for determining the cash flow from a rental property in the article – Understanding Cash Flow: Are Your Properties Really Profitable?
That’s all for this week! I hope this week’s Journal Club has been helpful.
Are you reading anything interesting this week? Feel free to share in the comments below!
Thanks for reading and sharing!