Dean Graziosi

People usually think of buying and selling when they think of buying real estate for profit but one of the most lucrative markets to invest in is rental properties. They provide long term residual income rather than a short term windfall. In general there is far less risk involved in buying rental properties.
Management
One of the key elements you will have to decide on if you think about purchasing rental real estate is how you will manage your property. If you just have one multi-unit building you may wish to completely handle the management of the property yourself. If your building is a larger one, and you do not have a great deal of handy-man skills and do not want to be calling contractors to handle every leak, clog, or patch up you can offer one of the units as a free rent for service to a skilled handy man. Keep in mind complicated repairs will still probably require hiring a contractor, but you can have some assurance that immediate needs can be met quickly and still handle the rest of the management yourself.
If you are considering owning more than one property hiring a property manager begins to make more sense and also frees up your time for other ventures.
Cash Realities
The cash flow of a rental property is more than just the value of its available units vs. its cost. Make sure there is enough income from the property to cover the expenses of utilities, taxes, legal fees you will encounter during the transaction and while you own the building as well as insurance.
Leverage
Owning rental properties accumulates equity that can give you valuable leverage when looking for loans for other real estate investments. That makes your rental property even more valuable than the actual income it represents. Owning rental property is one of the most secure methods of starting a portfolio and gives you a solid ‘hands on’ asset that very few other forms of investment can provide.

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Who can afford to buy real estate in this economic crisis? Who is this Dean Grasiozi?  Buying real estate to make money is something that only the wealthy can do.  Where does he suggest you get the money to buy real estate if your entire income is needed to support your family? 

What is his theory on living arrangements if the property needs so much work, you cannot live in it while you are fixing it up?  I have a family that needs a roof over their heads.  Dean Grasiozo seems to think that the answer to finding a financial comfort zone amid the inflated economy we deal with in America is to buy real estate. The problem is that most real estate is sold at an inflated price that most people cannot afford on a salary most people earn. 

I don’t want a partner, either.  I have heard of people buying real estate shares with other partners who turn out to be crooks.  All that ends up happening is that innocent people are left with a debt, no real estate property and no better off financially. Even buying a fixer-upper without a down payment can often end up costing more than you think it would, so you don’t end up making any money because you can’t sell the place for enough to cover your fix-up costs.  You don’t even break even if you have to hire out to get the work done. 

So what real estate scheme is this Dean Grasiozi peddling?

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While curb appeal, nice carpet, a clean garage, and other such amenities are nice to have in a house, they are not essential. If you’re trying to sell a property, you’ll likely do much better if all of these are attended to. However, if you’re looking for a good appraisal and a sound property, other essentials must be attended to. Rain gutters are often overlooked in the process of upgrading a property, whether for sale or for a homeowner’s benefit, but they are absolutely necessary in precipitate areas. Without properly-maintained gutters, foundations can rot, basements may flood, and people going into and out of the house during a rainstorm will likely be soaked.

There are several different popular options on the market for rain gutters, all varied in their durability, amount of required maintenance, and price tag. The type of rain gutter you choose will depend largely on your personal preferences, lifestyle, and budget. Whether you’re an investor or just a homeowner looking to improve your home will also likely influence your choice.

Possibly the most popular rain gutter is vinyl. These gutters are lightweight, durable, and require little maintenance. Because vinyl gutters are not painted or surface dyed, whatever color gutter you purchase is the color it will stay. Vinyl is known to fade slightly over time, which can make replacing gutter sections difficult in some cases because it won’t match perfectly, but is otherwise unnoticeable. The main drawback to vinyl gutters is that the seams between the sections may eventually leak if they are not properly sealed. Additionally, vinyl gutters may not work well in areas with high winds because of their light weight.

Wood is, perhaps, the cheapest gutter option, but there’s a good reason for that. This is the option requiring the most maintenance. Excess water trapped in the gutter will rot the wood, so it must be kept clean. The weight of these gutters means they require sturdier hardware and more work to install, and they will need to be repainted over time.

Metal gutters are extremely popular for their low cost. These gutters can withstand the test of time, though they often also need painted and may rust. Repair of these gutters is not limited to replacing an entire section like most gutter types, as holes can be repaired by a knowledgeable handyman.

Copper gutters are popular on higher-dollar or historical properties, and in most cases they never need replaced. Aside from normal cleaning, these gutters require no maintenance except for sealing if you wish to keep the shiny golden-red color. Many homeowners opt to let these gutters oxidize for a beautiful and maintenance-free look. These gutters are quite heavy and very expensive, but pay for themselves over time.

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