TR July-Aug 2024

C O N T E N T S

FUNDING Best Loan Options for Investment Property An article series on navigating the private lending world Damon Riehl PAGE 8

MARKET & TRENDS

Developing a Rehab Budget for a Residential Property Follow these steps to create an accurate line-item budget. John V. Santilli PAGE 58 How to Protect Your Investment Property and Maximize Your Return If you’ve leaped into single-family rental property ownership, chances are you have one main goal: to make a profit. Real Property Management PAGE 62 Bare Minimum Marketing Essentials These essential steps ensure your message is clear, compelling, and well- crafted—and reaches its audience. Skyler Wilson PAGE 64 Identifying the Perfect Investment Property Navigating the real estate market requires a blend of analysis and strategy that considers economic indicators, property valuation methods, and property types. Kiavi PAGE 66 An Agent’s Survival Guide to 2024’s Market Shake-Up You can master 2024’s market following these three essential agent tips. Ryan Michaelis PAGE 68

Don’t Let Them Lie to You: Real Estate Investing Is Crucial to Housing Market Health It’s time to stop villainizing investors, no matter the scale. Bruce McNeilage PAGE 34 2024 Trends: Real Estate Investing with an IRA Several trends could signal a unique opportunity for investments made within Self-Directed IRAs. Tara Bogard PAGE 36 DESIGN Metal Matters Metal finishes impact the overall design of any home—and ultimately bring the design together. Michele Van Der Veen PAGE 38 OPERATIONS Understanding Construction Warranties Understanding the complexities of construction warranties strengthens your position as a developer or owner and helps ensure your project is finished to quality standards. David Jacobs PAGE 44 7 Steps to Adding Value to Your Network Being generous with your network increases your influence and opportunities. Jeff Roth PAGE 48

Financing Built For Real Estate Investors™ Non-owner, no income, no problem! CV3 PAGE 12 A Different Way to Manage Your Finances The Infinite Banking Concept allows you to fully control your finances and ensure your money serves you. Hannah Kesler PAGE 14

Avoiding Fraudulent Hard Money Lenders

Learning the red flags of fraudulent hard money lending will help you safeguard against them. Santosh Salve PAGE 18

INVESTMENT STRATEGY Tiny Homes, Big Returns Here’s what you need to know about investing in the micro-living trend. Luke Babich PAGE 28

Tailor Your Portfolio with a Land Investment

Land investment requires careful research, due diligence, and long-term vision, but the potential rewards make it worth considering. Taylor Miller PAGE 30 Disaster Investing Investing in real estate recently impacted by natural disasters is a complex and nuanced endeavor that requires careful consideration of both moral and financial factors. Taylor Miller PAGE 32

8 Ways to Build Your Industry Influence

You can build a robust presence in the real estate investment space, attract a loyal following, and become a respected industry influencer. Jim Tannehill PAGE 52

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