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You are here: Home / Archives for Buying or Selling Real Estate

How to Write a One Page Lease Renewal!

June 8, 2017 by Elizabeth Bennett Colegrove 4 Comments

" As ALWAYS, I am not a lawyer and I in NO WAY offering legal advice. This is just my PERSONAL thoughts as an experienced aka jaded landlord" As we discussed in 3 ways to Renew Your Lease, there are three ways to renew your lease. Personally, I use a one-page renewal letter 80% of the time. So far I have not used automatic renewals at all in my leases (my markets don't support them) and I only do full lease renewals when something huge has … [Read more...]

Filed Under: Buying or Selling Real Estate, Elizabeth's Real Estate Strategy, I am a Reluctant Landlord, I am a Small Time Landlord, I am an Empire Builder, Military & Real Estate, Self Management

Should I Refinance My House?

November 4, 2016 by Elizabeth Bennett Colegrove Leave a Comment

I see the question all the time, "I received refinance fliers in the mail. Should I refinance?" or "Rates are at an all time low, should I refinance?". It is true that rates are at a very low point, so for some it may make sense to refinance if they have a higher rate. Still, owning Real Estate is public record and a very lucrative market. So companies are indiscriminately sending out fliers no matter the person rate. We have even seen fliers … [Read more...]

Filed Under: Buying or Selling Real Estate, Military & Real Estate

How to Live Like Royalty While Waiting on HHG Shipments

April 6, 2016 by Elizabeth Bennett Colegrove 3 Comments

How to Live Like Royalty HHG Shipments // The Reluctant Landlord

   I am excited that Cort  is sponsoring this article, because I absolutely love the opportunities they provide to our military members to save money. Did I mention yet I am frugal and have an expensive empire-building habit? We are currently embarking on our fourth PCS in six years. So, I can tell you that the worst part of moving is trying to arrange drop-off and pick-up with the movers. I don't know about you, but after struggling … [Read more...]

Filed Under: Buying or Selling Real Estate

Is HGTV Killing your Real Estate Transaction?

February 15, 2016 by Elizabeth Bennett Colegrove 2 Comments

Is an HTGV Home Renovation Going to Kill Your Real Estate Transaction?

A serious issue plaguing real estate in this day and age is the existence of cable television networks, such as HGTV and the DIY network. While they are certainly entertaining and can provide great information, we often lose sight of their place in real estate — which is actually non-existent. They truthfully don’t belong in real estate at all. They are solely meant for entertainment. Like any reality television program, they are directed, … [Read more...]

Filed Under: Buying or Selling Real Estate, Lifestyle Tagged With: guest post, hgtv, home renovation

Why You Should Use a Realtor When Buying New Construction

February 3, 2016 by Elizabeth Bennett Colegrove 4 Comments

Why You Should Use a Realtor When Buying New Construction. 3 Reasons Why Using a Buyers Agent is the Right Choice // The Reluctant Landlord

For many, the decision is easy about whether to use a realtor when it comes to traditional sales, short sales and foreclosures. During a typical real estate sale, buyers have their own buyers agent unless there is a unique situation and the agent is representing both sides. The question seems to come up more when buying a new construction, which totally makes sense because when you go into a new neighborhood there is a sales office with real … [Read more...]

Filed Under: Buying or Selling Real Estate Tagged With: buyers agent, new construction, real estate agents

Is it Worth Buying a House if You Move Every Two Years?

January 8, 2016 by Elizabeth Bennett Colegrove 8 Comments

Is it Worth Buying a House if You Move Every Two Years?

If you are in the military or another industry that moves often you probably have this question, "Is it worth buying a house if you move every two years?" As a military spouse whose husband is active duty, and as someone who has moved four times in six years, my answer is it depends. We have bought seven houses in four years. Four of the houses have primary residence and the other three were bought as rentals from day one. We didn't buy at … [Read more...]

Filed Under: Buying or Selling Real Estate, Military & Real Estate

9 Commonly Asked Questions Regarding the 2016 BAH Rates

December 15, 2015 by Elizabeth Bennett Colegrove 10 Comments

9 Commonly Asked Questions Regarding the 2016 BAH Rates

Today, as with every mid-December, the 2016 BAH rates were released. If you have not checked your rates for next year you can find the calculator here. For some this is great news, but for others it may not be so great news. It all depends on if your rates have increased or decreased. Today, as I was noticing tons of comments and questions about the 2016 BAH rates, I realized there were a lot of common misconceptions and questions. Over the … [Read more...]

Filed Under: Buying or Selling Real Estate, How to Hire a Property Manager, I am a Reluctant Landlord, I am a Renter, I am a Small Time Landlord, I am an Empire Builder, Military & Real Estate

7 Reasons Not to Pay Cash For a House

November 4, 2015 by Elizabeth Bennett Colegrove 7 Comments

7 Reasons Not to Pay Cash for a House

I am $1.1 million in debt by choice. If I reach my goal of owning nine houses by my 28th birthday (1/1/2016), I will be $1.6 million dollars in debt. I am a real estate empire builder whose goal is early retirement by living off the cash flow of our houses. To do so means building my empire large enough that it produces the cash flow needed. Unfortunately, I am young and cash poor, so buying the houses mortgage-free is impossible at the … [Read more...]

Filed Under: Buying or Selling Real Estate, I am a Small Time Landlord, I am an Empire Builder, Lifestyle

How to Ask Your Tenant To Move Out Early

September 9, 2015 by Elizabeth Bennett Colegrove 5 Comments

How to Ask Your Tenant to Move Out Early

It happened, you, the landlord need to break the lease. Whether it is you are moving back in the area or selling the house; it is all the same. You need a way out of your lease, a binding contract with your tenants. The first thing you will want to do is to review you lease to see if they cover your current issues. Here are the three things you will want to review in your lease. Reverse Military Clause  - In all of my leases I have a reverse … [Read more...]

Filed Under: Buying or Selling Real Estate, I am a Reluctant Landlord, I am a Small Time Landlord, I am an Empire Builder, Lifestyle, Self Management

Your Complete Guide to the VA Loan

August 18, 2015 by Elizabeth Bennett Colegrove 17 Comments

Your Complete Guide to the VA Loan

The Veteran's Assistance loan or the VA Loan as it is generally called, is an amazing loan. We bought our first and fourth house using the VA loan (using the same loan). Over the years I have seen a lot of myths perpetuated and questions asked regarding this loan. As a self-proclaimed empire builder, who is also a mortgage nerd who struggles to understand this awesome but complicated loan, I put together this guide. I hope this helps you not … [Read more...]

Filed Under: Buying or Selling Real Estate, I am a Reluctant Landlord, I am a Renter, I am a Small Time Landlord, I am an Empire Builder, Military & Real Estate Tagged With: VA Loan

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I love my family, my country and real estate. My goal is to retire early through frugal living and real estate investment. I am making great strides and want to share the information I've learned through the process. Read More...

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