Author Archives: Bernie

About Bernie

Bernie is a distinguished technologist (Motorola heritage). He along with his wife invest in residential real estate in north and central Texas. Bernie loves to teach, both technology and real estate investing and so authors posts on this blog. You can reach Bernie at mentor@buysellmls.com.

Understanding Real Estate Finance

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In the blog post on benefits of owning real estate, I touch upon how single family rental real estate is a self-hedged investment. How, it tells you when to buy and when to sell. For those on the sidelines timing … Continue reading

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How much to offer?

One question that gets asked a lot is how much to offer for a foreclosure? How much to bid? At asking? Above asking? Far below asking? So in this article, I’m going to discuss this in detail. In these blogs … Continue reading

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Bank of America’s Rent Your Home Program

Welcome back folks. Here, in these posts, we talk about owning and operating your rental property. Most of my posts are technical in nature, discussing specifics about buying, fixing up and renting your property. Now and then, I diverge and … Continue reading

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The Rental Business: Maintenance and Repair

Most landlords dread rental property repair and maintenance. This is one area that causes otherwise would be real estate investors to stay away and that’s sad. If you do it right, there should be little concern that you’ll be bogged … Continue reading

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“Low Ball Appraisals” (continued)

We are continuing our discussion on low ball appraisals. Read the previous post here. Let’s go over some of the other reasons appraisals are lower than expectations in this market. The primary reason could still be that expectations have not … Continue reading

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“Low Ball Appraisals”

Mainly this blog deals with the intricacies of owning and operating single family rent houses in the Dallas, Fort Worth, Denton area. We discuss, buying, rehabbing, marketing, selecting tenants, refinancing and operating an investment property in the DFW metroplex in … Continue reading

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Refinancing Into a Long Term Mortgage

This post is one in a series of articles discussing owning and operating single family rental houses in the Dallas, Fort Worth, Denton area. We talk about buying foreclosures or HUD homes, fixing them up and then renting to qualified … Continue reading

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The Rental Business: The Lease

In this article we are going to talk about provisions normally found in a residential lease. If you are working with an agent, you may  have access to a standard lease form used in the state of Texas. We discussed … Continue reading

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The Rental Business: Move in Process

In the last post we talked about the security deposit, what it is, when to collect it etc. The next step would be the tenant’s move-in. In these blogs we discuss how to buy foreclosures in the Dallas, Fort Worth, … Continue reading

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Myths about Tenants

I hear all these terrible things about investing in rental property and most of them have to do with tenants. So I thought it was important to digress from the technical aspects of owning and operating single family rental homes … Continue reading

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