Robyn Thompson is the nation's leading expert on buying, renovating and selling homes for huge chunks of cash and is known throughout the United States and Canada as "The Queen of Rehab"?. After spending 9 years working a dead end corporate job, Robyn realized that her hard work and dedication for IBM was not going to provided financial independence. She walked away from her secure paycheck and never looked back. Over the past 13 years since Robyn left IBM, she... Read More >>
7 Strategies to Increase ROI on Keeper Properties by Reducing Vacancy
By Robyn Thompson on October 1, 2017
Here are my seven strategies to help increase your return on investment on keeper properties by reducing vacancy.
Location, Location, Location… Search out the areas that have low vacancy rates. Talk to local realtors, property managers, and seasoned investors who have been renting units for over a decade before you take the plunge and buy a property.
For example, I want to own property where supply of rental properties is low and the demand is high. I own properties in a town where the schools are in the Top 50 Schools in America. Demand for rental property is high and my average days on market to rent are usually less than 2 weeks. Read More >>
The Active Real Estate Investor vs The Passive Real Estate Investor
By Robyn Thompson on July 30, 2016
Are you an active or passive real estate investor? This is the MAGIC question that all real estate investors should ask themselves on a regular basis, rather they know it or not. Let me explain.
Many beginning investors want to focus 100% on wholesaling and rehabbing so they can make the fast cash and big checks. They don’t want the headaches of toilets, trash and tenants. After all it feels good to take a rundown house and flip it to a rehabber and make a quick $5000 or $10,000 in a few hours or better yet tear it apart, fix it up and sell it to a first time buyer who will call it home for many years to come and you can make $25,000 or $30,000 plus in just a few short months.
Active investing can be addicting and a real adrenaline rush. Ask me how I know that. My nickname is the Rehab Queen and I have been rehabbing and flipping as an active income producing investor for over 17 years. I have done over 350 properties and those quick one time paydays have been great. But... Read More >>