Real Estate as an Investment

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Getting to Know Clay Jarvis:  

Questions Asked:

2:55. Clay, tell us a little bit about yourself!

3:10. How do you know if you’re a good candidate for buying and investing in real estate.

4:50 Is there a starting-off point? Maybe you begin with a house with a basement?

5:36. If you’re a beginner or a first-time real estate investor, where do you get advice and information?

7:50. What is the difference between buying in a market where you reside vs. buying outside of your residential area and perhaps getting a property management service?

9:48. Mortgages for real-estate investors are quite different.

10:56. Aside from the larger down payment…are there are conditions of the mortgage?

11:33. What about the idea that some are buying the house for long-term appreciation where rent does not cover the monthly mortgage vs those who buy with the idea in mind that the rental income has to cover the mortgage?

12:35. And you feel that it’s important to talk to the local people who understand the neighbourhood you’re interested in purchasing in.

13:24. Do you renovate or do you look for a property that has already been approved by the city?

14:07. What about bidding wars? Should you avoid them?

15:24. Do you see that income properties are fetching a higher multiple? 

16:12. I’ve heard that screening tenants is huge!  What should a landlord look for?

18:56. Do you have any advice when it comes to keeping records.

19:47. Once you have been successful in your first rental property, do you buy another one? What are some of the points to consider?

21:34. So you write about real estate.  Do you have your own investment property? Do you have friends who own investment properties?

22:23. At the time of recording, it looks like there will be a few more interest rate hikes coming.

25:25. As a landlord you must be prepared to accept that you have no control on how your tenants will treat your property.

28:85. Tell me what gratifications landlords receive as real estate investors?

32:45. And there are bidding wars between renters now because of the lack of available rental units.

33:08. I think a lot of people don’t realize that units need to be inspected for health and safety.

34:10. Can you summarize your top tips on how to get started and succeed as a real estate investor.

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