How Much Should I Set Aside from my Rental Income for Cash Reserves?

One of the challenges of rental property investing is that the expenses aren’t consistent or predictable. Seasoned real estate investors know to set aside some cash reserves for their rental portfolio and in this article I will help calculate how much reserve you need.   You might be sitting pretty...

Continue Reading by Eric Martel Tuesday, August 16th, 2022

Are Condos a Good Real Estate Investment or Are Single-Family Houses Better?

It’s easy to see the appeal of buying a condo as a real estate  investment rental property. First and foremost, they tend to be cheaper. You can usually get a condo for less out-of-pocket than a single-family house in the same neighborhood.   Condos can be a good investment. At...

Continue Reading by Antoine Martel Tuesday, August 9th, 2022

Tenant Screening 101

MartelTurnkey clients don’t have to worry about screening tenants, at least not directly. We find the property, renovate it, place a tenant in, and put the rental under property management. Most of our clients never even see their investment property, let alone meet the tenant. Our job is to provide...

Continue Reading by Antoine Martel Tuesday, August 2nd, 2022

Everything You Need to Know About Getting a Mortgage for an Investment Property

We have talked about how powerful it can be to invest in real estate with a mortgage loan for leverage. (Missed the article? Read it here.)    That’s all well and good, but how do you get a mortgage loan on an investment property like a turnkey rental house? Is...

Continue Reading by Antoine Martel Tuesday, July 26th, 2022

BIG NEWS — Cleveland Clinic to Expand, Adding 10,000 Jobs

In May of this year, Cleveland Clinic announced a $1.3 billion expansion and renovation of its facilities in Cleveland, Florida, and London. This includes the construction of a one-million-square-foot Neurological Institute and an expansion of the Cole Eye Institute.   Supported by charitable donations, these additions are expected to add...

Continue Reading by Lynn Milos Tuesday, July 19th, 2022

What are the Tax Advantages of Investing In Real Estate?

We talk about the tax advantages of real estate as if they are nothing … but they really are something.    At its founding, America was mostly undeveloped land. The tax code has evolved to heavily incentivize private investors to develop and maintain property for its highest, best use.   ...

Continue Reading by Eric Martel Tuesday, July 12th, 2022

Here are 5 Reasons the World Loves US Real Estate

With the 4th of July weekend just behind us … it’s the perfect time to reflect on the fact that foreign investors absolutely love US real estate. Americans tend to take our own property for granted, but foreign investors have an insatiable demand for title to US real estate. That...

Continue Reading by Eric Martel Tuesday, July 5th, 2022

What Does It Mean to be “Financially Free?”

We often talk about “financial freedom” here at MartelTurnkey.    On the surface, we’re a real estate company. “Thanks, Captain Obvious,” right? Our core business is to acquire rental properties and to help other people acquire cash flowing rental properties for their own portfolio.   But that’s what we do...

Continue Reading by Eric Martel Tuesday, June 28th, 2022

Should You Invest in Real Estate with a Mortgage?

When we talk about real estate investing, we almost take it for granted that an investor will use a mortgage to buy the property. After all, many people don’t have the available cash needed to buy or renovate a house or commercial property outright.   But some do. Some investors...

Continue Reading by Eric Martel Tuesday, June 14th, 2022

What Happens at the Title Office When You Buy an Investment Property

If you have bought a home before, you probably have some impression of a title office — an attractive storefront where you sit at a big conference table, sign a stack of documents, your realtor pops champagne, hands you a gift basket and maybe balloons, maybe asks you to pose...

Continue Reading by Antoine Martel Tuesday, June 7th, 2022

4 Tips to Identify the “Path of Progress” … and Then Use It to Buy Properties that Appreciate

If I had to write “Real Estate Investing for Dummies,” I would begin and end with this advice — “Buy property in the path of progress.” If you buy in the path of progress, you can make almost every mistake in the book — buy high, negative cash flow, etc....

Continue Reading by Antoine Martel Wednesday, June 1st, 2022

7 Expensive Mistakes Real Estate Investors Make — and How to Avoid Them

Humans are wired instinctually to seek pleasure and avoid pain. Believe it or not, the “pain-avoidance” instinct is actually a lot stronger in most people than the “pleasure-seeking” instinct.   More than we want to get it right, we really don’t want to get it wrong. The fear of making...

Continue Reading by Eric Martel Tuesday, May 24th, 2022