JMaxx Properties, LLC

🤔 How many rental properties are too many to own?

💡 Here are three things to consider to help you figure it out.

1. Your personal finance goals
It’s important to consider the following when deciding how many properties to own.
Debt: real estate investors fall into one of two categories: those who are comfortable owing money and those who are not. Which one are you?
Financial goals: you should concentrate on owning just a couple properties that you pay off quickly and enjoy a passive income from each month.

2. Your available time
Owning rental properties can be time-consuming. How much time do you have to devote to the venture?

3. Your investment strategy
Your investment strategy will determine how quickly and how successfully you reach your financial goals.

Aormeese "MeeMee" Jenkins | JMaxx Properties, LLC
[email protected] | 404-829-2729
Helping and Servicing Others

How to figure out how many rental properties you can comfortably manage Aormeese "MeeMee" Jenkins

🔑 If this has happened to you, don’t take it personally as there could be any number of reasons the seller wasn’t able to accept it.

Common reasons a seller might reject your purchase offer

1. Your purchase offer is too low
Give a purchase offer lower than the list price and it’ll more than likely be rejected.

2. Your or your selling agent’s attitude leaves a lot to be desired
If you or your agent are aggressive, rude, or otherwise unprofessional, the seller and/or listing agent is inclined to ignore you or reject your purchase offer altogether.

3. The listing agent represents both parties
Unless your offer is dramatically better than the buyer’s sharing the listing agent, it’s likely it will be rejected.

4. Your purchase offer doesn’t meet the seller’s needs
The more you understand about purchase offers and their conditions, the more likely yours will be accepted right away in the future.

Aormeese "MeeMee" Jenkins | JMaxx Properties, LLC
[email protected] | 404-829-2729
Helping and Servicing Others

4 Reasons Why Your Purchase Offer Was Rejected Aormeese "MeeMee" Jenkins

🏠 Buying a new home and closing the deal can be an exciting and somewhat confusing time, be sure you consider the following information to help you close the real estate deal.

Obtain pre-approval for a loan
While not necessary for actually closing on a property, being pre-approved for a loan does help it close faster.

Lock in an interest rate
Not locking in a favorable rate ahead of time can leave you at the mercy of the market once you do decide on a property.

Get the home inspected
If any major issues are identified during a home inspection, the sellers will need to address them before the home can become yours.

Don’t be afraid to negotiate the purchase price
Should your inspection turn up any problems that you’ll need to fix yourself, don’t be afraid to re-negotiate the price.

Aormeese "MeeMee" Jenkins | JMaxx Properties, LLC
[email protected] | 404-829-2729
Helping and Servicing Others

Tips On How To Close A Real Estate Deal Aormeese "MeeMee" Jenkins