First Rental Property

Hi Friend,

I hope you are doing well.

Today is an exciting day!

I am going to be travelling to Florida…

Well not really! (Sort of)

I am going to be meeting in Toronto with some real estate agents from Florida.

They are here in Toronto this evening and are going to be speaking about investment opportunities in Florida for real estate investors.

As all of you know, First Rental Property represents buyers and sellers with the purchase and sale of real estate world wide.

As such, I have great interested in attending this meeting.

I am most interested in finding out what sort of cash flow opportunities exist in Florida.

If there are some great deals to be had, I will be letting all of you know.

I do however like to go and check things out myself, personally before I make any endorsements.

So please stay tuned and check back into the blog.  I will be reporting back on what I thought of my meeting with the Florida real estate agents.  Most importantly, if there are great cash flowing deals in Florida, I will be letting all of you know about these opportunities!

Happy Investing!

Neil Uttamsingh

ps: Remember, if you are looking to buy your first rental property, we can represent you with this purchase.  Email me at neil@firstrentalproperty today for more details!

[youtube]http://www.youtube.com/watch?v=isiOXsubqAI&list=UUAQKmDw-TSCMWJrDF-pRs3g&index=1&feature=plcp[/youtube]

Hi Friend,

I hope you are doing well.

In case you missed the HUGE ANNOUNCEMENT, I will update you in one sentence…

First Rental Property is now representing buyers and sellers with the purchase and sale of real estate world wide.

If you are looking to buy a rental property, First Rental Property can assist you with the purchase.

It does not matter where you live, we can get you in touch with local Realtors in your market place who understand real estate investing.

The best part is that these Realtors are hand selected by myself (Neil Uttamsingh – Creator of First Rental Property).  This ensures both you and I, that these Realtors are experienced in working with real estate investors and understand how to assist you in purchasing investment real estate.

First Rental Property has a great promotion on currently.

If you buy or sell a house with First Rental Property before December 31st 2012, you will get a FREE iPad.**

**Conditions do apply.

So if you are interested, and want to know more, send me an email now at neil@firstrentalproperty.com

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: Remember, the offer expires on December 31st 2012, so if you are interested in learning more, email me today at neil@firstrentalproperty.com

Hi Friend,

I hope you are doing well.

I have had the privilege of speaking to and helping many real estate investors from all over the world.

Most people who are looking to buy their first rental property take their time to accumulate as much information as they possibly can.  This is a smart approach as owning a rental property is a big responsibility.

There is a lot to consider when you are buying a rental property.  You definitely want to take your time so that you do not make any errors along the way.

I have also met a handful of people that want to rush into buying rental properties.  I once came across one fellow who purchased a large amount of properties in a very short period of time.  Later to realize that owning rental properties was not something that he liked, nor wanted to do.

My advice to you today is simple.

My advice is…

When buying a rental property, you must remember to take your time and make the right decisions for yourself. 

Owning a rental property can be a great investment.  It can be a great way to increase wealth or it can be a great way to generate some extra cash flow.

Although the benefits of owning income real estate are great, rushing the process and buying a rental property fast, could result in you:

• Buying a property that doesn’t cash flow
• Buying a property in the wrong area
• Buying a property with the wrong tenant profile
• Losing Money
• Wanting to sell the property after a short period of time
• Becoming discouraged
• Going to court with your tenant due to mismanagement of the property

Be wise. Take your time, and don’t rush the process.

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: If you need help buying your first rental property, email me at neil@firstrentalproperty.com.  I will answer any questions you have.

pps: Also remember that First Rental Property is a Realtor.  We are representing buyers and sellers worldwide with the purchase and sale of real estate.

[youtube]http://www.youtube.com/watch?v=IXBBTEOwdcQ&list=UUAQKmDw-TSCMWJrDF-pRs3g&index=1&feature=plcp[/youtube]

Hi Friend,

I hope you are doing well.

The biggest thing that new real estate investors need when they are first starting out is help.

Buying a rental property can be a daunting task.  You need to be able to ask questions and find the right answers to your questions.

Since the majority of the general population does not own a rental property, that means that there are select locations in which you can obtain the answers to your questions.

Some aspiring real estate investors want to take action and buy a rental property fast.  If you are someone that fits this profile, good for you!

A recent realization I have made is that new real estate investors can speed up their decision making process with regards to purchasing a rental property by attending real estate workshops.

How will Real Estate Worshops Help You?

It is very possible that if you attend real estate workshops, there will be people in attendance that have experience with real estate investing.

The people with the experience will sometimes be the organizers of the workshop, or sometimes the participants in the workshop will have experience with real estate investing.

A real estate workshop is a very good place to learn information in a small and comfortable setting.

If the organizers of the workshop have a lot of knowledge with regards to real estate investing, you will be able to learn a lot by attending.

I have seen from my own personal experience that when new real estate investors are able to ask questions in a face to face session, they are able to speed up the process and buy a rental property faster.

This is of course, given that they are able to get all of their questions answered!

So, where do you go from here?

So if you are a new real estate investor wanting to buy your first rental property, this is what you need to do…

• You need to jump start things, and start attending real estate workshops.
• By doing this, you will be able to get the answers to some of your questions.
• If you attend enough workshops, hopefully you will be able to get all of the questions answered in a face to face setting, by people with lots of experience with real estate investing.

What First Rental Property Is Up To…

First Rental Property has started to run workshops in the Toronto area for new real estate investors.  If you are in the area and are interested in coming to an upcoming workshop, send me a note at neil@firstrentalproperty.com

For all of my readers all over the world, especially in the US, if you need any help in buying your first rental property, send me a note at neil@firstrentalproperty.com and we will get you started in the right direction.

Happy Investing!

-Neil Uttamsingh

ps: First Rental Property is now a Realtor and is helping people worldwide with the purchase and sale of real estate.  If you have any questions, or need help getting started, email me today at neil@firstrentalproperty.com

pps: here is a short video of a Real Estate Workshop that First Rental Property ran this week…

[youtube]http://www.youtube.com/watch?v=9eRGfL__GNA&list=UUAQKmDw-TSCMWJrDF-pRs3g&index=1&feature=plcp[/youtube]

Hello Friend,

I hope you are doing well.

I often speak to new real estate investors who are trying to figure out how to buy their first rental property.

There are many factors that sometimes stall  new real estate investor from taking action.

One of the biggest factors that stalls new real estate investors is deciding on WHERE to buy their first rental property.

New investors often experience information overload, because there are so many options as to where you should buy your first rental property.

Unfortunately I see it far too often.  People can’t make up their mind and spend so much time debating which area they should by their property in.

My Advice to you…

If you are a new real estate investor and you are looking to purchase your first rental property, my advice to you is to buy a rental property in a proven area.

What this means is that you need to buy a rental property in an area that has experienced good appreciation, has a good tenant profile and is in an area in which there is potentially good cash flow.

The biggest problem that new real estate investors face…

The biggest problem that new real estate investors face is that they don’t listen to the advice of experienced real estate investors.  This is not meant to be harsh critisism, but unfortunately its reality.

I know this because I have given lots of advice to new real estate investors over the years.  Some new investors get caught up on which area to purchase in, and they debate this topic back and forth for weeks, months, or even maybe years.

They never end up taking action, and time passes them by.

The Answer is Simple

The answer is simple.  As a new real estate investor you need to buy a rental property in an area that other real estate investors have bought in.

The key factor is that the real estate investors that have purchased before you, have to have been successful purchasing properties in this given area.

If the real estate investors have been successful, this means that they have bought properties that have experienced appreciation, have a good tenant profile and have potentially good cash flow.

If you are a new real estate investor…

If you are a new real estate investor don’t complicate matters.  Buy a rental property in a proven area.  An area in which other real estate investors have been successful purchasing in.

Happy Investing!

-Neil Uttamsingh

ps: If you looking to buy your first rental property, let us help you with the process.  First Rental Property is now a Realtor and can help you with any real estate transaction.  If you are thinking of buying, send me a message at NEIL@FIRSTRENTALPROPERTY.COM, and let us guide you through the process.  Become an action taker and buy your first rental property today!  Contact me at NEIL@FIRSTRENTALPROPERTY.COM

Hello Friend,

I have some exciting news for you.

Effective immediately, First Rental Property will now be representing people worldwide with the purchase and sale of real estate.

I, Neil Uttamsingh, the Creator of First Rental Property am now a Realtor and will personally be helping people buy their first rental property worldwide.

I will be looking after the purchase and sale of real estate for First Rental Property in Ontario, Canada.

For all of my readers all over the world, I have a team of Realtors with investment knowledge who will be able to work directly with you and help you buy your first rental property.

If you are a reader from Alberta, New York, Texas, West Virginia, New Jersey, England, Australia, or South Africa, or anywhere else in the world, First Rental Property will represent you with the purchase and sale of real estate, and most importantly, with the purchase and or sale of your first rental property.

Since it’s inception in 2009, First Rental Property has evolved from an educational blog to an entity that will now represent people world wide with the purchase and sale of real estate.

I encourage you to continue to send your questions in to me, and I will continue to answer them.

If you are looking to buy your first rental property, send me a message at neil@firstrentalproperty.com,  Tell me where you are located and when you are looking to buy your first rental property.  I will get you in touch with an expert Realtor with real estate investing knowledge.  This person will be able to guide you step by step with the purchase of your first rental property!

Happy Investing!

Best Regards,

Neil Uttamsingh

ps: Don’t forget to email me at neil@firstrentalproperty.com if you are looking to buy your first rental property.  Tell me where you are located and I will get you in touch with a hand selected Realtor who will be able to help you buy your first rental property!!!

[youtube]http://www.youtube.com/watch?v=NZrgzpmUvAo&feature=channel&list=UL[/youtube]

Hi Friend,

I hope you are doing well.

Earlier this month I wrote a blog post called, First Rental Property To Make A Huge Announcement In September.

The rumors are true.

First Rental Property will be making it’s BIGGEST announcement EVER, today at 8pm EST.

The news is going to be very significant for those of you who are new real estate investors or who are looking for advice on how to buy your first rental property.

Stay tuned!  The news is going to be GROUND BREAKING!

Best Regards,

Neil.

Hello Friend,

I hope that you are doing well.

I have a short post for you today, but a very important one.

I first learned about state management from the very famous Anthony Robbins.

I attended one of Tony’s live events in New Jersey, USA, called Unleash the Power Within.

State Management is a very important concept for you to know about if you are going to purchase your first rental property.

More importantly, if you are going to be successful as a real estate investor over the long term, you need to know what state management is and how to master it.

The important thing to realize about state management is that as a real estate investor, if you do not develop the ability to control and master your state, you could very well fail.

Without state management mastery, you can fail very easily…

With a lack of awareness of state management and how it effects the human mind, you could decide to quit real estate investing once and for all, and sell all of your properties after one bad day.

With real estate investing, you will come to learn, if you have not already that there are many ups and downs that you will go through.

It is your responsibility to manage those ups and downs.  Overall, it is important to not remain too excited when experiencing the highs, and not to remain too down and out when experiencing the lows.

If you are feeling down and out on one particular day, and you don’t know how to snap out of it, you could be moments away from throwing in the towel once and for all with real estate investing.  You may make a rash decision when you are feeling too low.

Therefore, the importance of state management is critically important for you the real estate investor.  You need to maintain a level and balanced state throughout the duration of your real estate investing career.  There will be happy and sad experiences that you will go through as a landlord.  Whether it is a happy or sad experienced, it is important to maintain a consistent state.

Check out the videos below on State Management.

Best Regards,

Neil Uttamsingh

ps: First Rental Property will be making a big announcement soon.  Check back into the blog frequently for the upcoming news! You don’t want to miss it!

[youtube]http://www.youtube.com/watch?v=u6V75B_K2kM[/youtube]

[youtube]http://www.youtube.com/watch?v=O0XE8-pcy1Y[/youtube]

Hello Friend,

I hope you are doing well today.

I received one of the most important pieces of advice a few years ago from one of my real estate mentors.  I have known this real estate mentor for years, long before I ever bought my first rental property.

On the surface, this piece of advise seems very insignificant.  However, in actuality, it is extremely important advice.

Obeying this advice can ensure that you succeed as a real estate investor over the long term.  Going against this advice can result in you crashing and burning and failing very fast.

The funny thing about it (if you want to call it funny) is that obeying this advice is a lot more difficult than going against it.

Meaning that, it is human nature to want to naturally go against this advice.  Whereas, it takes significant effort and discipline to obey this advice, as it is one’s natural tendency to not want to obey the advice.

I know that you are now probably itching for the answer…

You are wondering what advice my real estate mentor gave me that is so important, are you not?

The advice is simple.

The advice is that you must:

Bat 1000% as a real estate investor in the beginning.

I know that most of you follow baseball and as such know the rules of baseball.

For those of you that do not follow baseball, and do not know the rules, I will give you a simple example to help explain.

In Baseball…

In the game of Baseball a team will take turns with being on offense and defense.  With offense, a batter will try to successfully hit the ball where the defensive players are not standing.  If the offensive player (batter) hits the ball where the defensive players are not standing, this is a good thing.  If the batter is able to run to first base before a defensive player has obtained the baseball and throws it to or touches first base, then the batter is safe, and the batter has what we call ‘a hit’.

This was a very simple explanation, and there are many other variables and details that come into play.  Any knowledgeable baseball fan will know that by reading my example above.

The point that I am trying to make is that if the batter successfully reaches first base before a defensive player gets him ‘out’ then the batter has a ‘hit’.  This is good.

Generally speaking, it is much easier for batters to hit a ‘single’ and run to first base than it is for them to hit an extra base hit.

An extra base hit occurs when the batter hits the ball (generally harder) to a part of the playing field (diamond) in which there is no defensive player.  The batter then has the ability to run (advance) to bases beyond first base. (second, third, home plate)

With extra base hits, there is an inherent degree of risk involved.  Due to the fact that an extra base hit involves the batter taking risks in advancing to subsequent bases, there is a chance that the batter could be thrown or tagged out by a defensive player.

If the batter is thrown or tagged out, this is not a good thing. (for the team that is currently on offense)

How are Baseball and Real Estate Investing The Same?

If we examine the advice of my real estate mentor we can see that this advice is very simple yet extremely insightful.

He said you need to…

Bat 1000% as a real estate investor in the beginning.

 What does this mean?

This means that as a new real estate investor, you need to have a series of successes.  It means that there is no room to make error.

This also means that as a new real estate investor, you should not be taking too much risk.

Breaking the statement down further, it means that in the beginning you need to be successful.  You need to purchase properties that will have good cash flow and decent appreciation.  You cannot take a gamble at the beginning of your real estate investing career by purchasing high risk properties.  Your capital is very important, and you should be very careful with it.  Don’t take huge risks with your capital because if you lose it, it will be gone!

My real estate mentor also told me…

My real estate mentor also told me a very important thing. He explained to me that the reason WHY we must…

“Bat 1000% as a real estate investor in the beginning”

He explained that it is because when we do make mistakes as  experienced real estate investors and we do lose money on high risks projects, we will still end up batting .750 or .900, which all baseball fans know is insane!

Insane = Very good!

Best Regards,

Neil Uttamsingh

ps: First Rental Property is going to be making a HUGE announcement soon.   Check back into the blog on a regular basis for the upcoming  news!

Hello Friend,

Do you know how to select a good area in which to buy investment real estate?

Have you ever tried researching a particular area of a town that you were interested in buying real estate in?

These are questions that you should be pondering if you are a new real estate investor, and you are looking to purchase your first rental property.

In my opinion, the best way to gain insight into a particular area that you are interested in investing in is to simply walk around in this area.

By ‘walking the streets’ you learn the most that you possibly can about that given area.

You are able to observe many things.  The key things that you may see during your ‘walk-about’ of the area are:

• 1) Homes for sale
• 2) The condition of homes
• 3) Tenant profile (good or bad)
• 4) Close by amenities (shopping malls, Doctor’s offices, restaurants)
• 5) The general age of the people living in the area
• 6) The types of cars they have in their driveways

Walking the streets is the number one thing that you can do in order to get a true ‘feel’ for a particular area.

So if you are a new real estate investor and you are considering investing in a particular area.  If you have not done so already, take the time to walk the streets.  You will be truly amazed at what you will find.

At the bottom of this article, I have included a video that I recorded back in 2009.  In the video, I was ‘walking the streets’ and I share some of the insights that I found.

Check out the video below.

Best Regards,

Neil Uttamsingh

ps: First Rental Property will be making a HUGE announcement within the next few days.  Check back into the blog on a regular basis for the GROUND BREAKING news…

Now here is the video…

[youtube]http://www.youtube.com/watch?v=id2-2oajXq8&feature=g-upl[/youtube]