Bust out your coconut bra or Mu'u Mu'u! I'll be speaking in sunny Honolulu for the Asian Real Estate Association of America's 2013 Global Summit alongside my friends below! Can't wait to see you all!
On the hit show Shark Tank, Bill Lyons wanted "$250,000 in potential funding for Revestor, a service that he dreamed up to help potential real estate investors find the best property deals. It’s like a Zillow or Trulia for investors, Lyons said." I knew it wouldn't get green-lit. How do you define what is a "good deal"? Too many variables! What do you think?
The rental market is on fire! Many homeowners got burned from the foreclosure crisis, so now they would just rather rent. Lots of Millenials can't find a good paying job to buy a house, so they have to rent. And people in general have lost faith in the value of owning a home. Don't have to be brain surgeon to see we've become Generation Rent!
If you are on the prowl for rental property, now is the time to jump into. Due to the aforementioned factors, rents are rising as demand for rentals increase. Owning rental property can be advantageous, but it can also be a headache, especially with tenants. Read my new article on Yahoo! Finance: How I Avoid Common Problems With My Tenants. You'll be chummy with your renters like Mr. Furley before you know it!