Scott Rister - Is It Safe To Opt For A Live-In-Landlord

Are you worried about your expenses? Are you planning to use rental income to pay mortgage? Do you need help from a professional? If yes, then Scott Rister is the right person to resort to. He knows the ins and outs of the real estate world. If you are planning to boost your income and thinking about renting a bedroom, or basement is careful as this comes with potential problems.

Rental income is taxable and if you plan to generate a minimum amount of income every month, then keep in mind that the taxes will take a chunk out of your rental revenues. State and local income taxes will take another path. Make sure to calculate whether you will receive enough rental income to meet your needs after the taxes. You may be able to charge a higher rent to help you offset your rental tax bill.

Your renter will damage your property so make sure you are savvy enough to collect a security deposit from the tenant before they move in to cover any potential damage. Sometimes tenants cause massive damage to the properties they rent. It can be toothless- and in situation they might even leave, the door unlocked and your house gets burglarized. The home insurance may cover the losses, but it won't cover the time, so stress when you are renting your homes.

No one wishes to rent part of their room forever. If your family situation changes and you decide to have children or the elderly move in then at this point you would want the renter to move out. There may be a time when you have inherited some money you get a chance to pay the entire mortgage and need no renters and want your privacy back. Most renters are decent people and move out easily, but some won't leave when they should. In that case eviction laws are strict and landlords should follow them exactly for an eviction case and stand up in the court.

Regardless of the reasons you wish to rent out  a property make sure you know there are important pros and cons that every live in landlord should consider. 

Do You Think It Is Secure To Buy A Second Home To Rent?

In todays time buying homes may be possible for most people. The lower interest rates make it possible for an investor to look for more property options. Scott Rister suggest that if you have enough resources then you can go for a second home. The best part here is that mortgage interest have come down, while rents are gradually increasing and the resale value of the property is rising so this is the right time to buy a second home to rent. Along with that you also enjoy the income and tax benefits, making it a win-win situation for you.

The big question is will the property be a gem for you? Will you avoid the tenant from hell? Apart from the financial and tax issues. Buying a second to rent is a good as you are adding a source of income for a secure future. Although the cost and interest and the mortgage are a concern, but with the right amount of money you can manage these as well. When you opt to buy a second home have its important you consider the tax benefits that you get. Below are a few points:

• Interest, taxes, insurance, and other expenses are deductible against property's income, while losses are deducted against your other income.
• Depreciation is a tax deduction, it is basically the allowance for wear and tear.
• Rental properties are lucrative as these can be sold and proceed can be rolled into other rental property without paying the capital gains taxes.

Scott Rister has worked years in the real estate business. For him buying and selling property is like breathing each day. When we talk about putting property for rent its has its own advantages and pitfalls. Managing the property and tenants require a lot of time and energy, if you have previously rented a property then you will know how much work it takes. Well, if you are looking for good money then you can probably go for this option.

Before you invest in a property make sure you have done your real estate homework well. When searching for a rental property make the effort to look for a place as if you, are buying it for yourself. Know the market specifics, zoning laws, and trends both for rental and home sales of the type. This should also include school transportation, recreational resources, shopping etc. Never forget to consider foreclosures, as all the foreclosing banks usually wants is the balance owing on the mortgage.

The last thing you need to do is run the numbers calculate the cost, down payment, taxes, insurance,  and the interest rate that you are expecting every month. Investing in real estate for income is not something everyone one can do. You need to be patient for the inherent risks so that the benefits can be truly substancial.   

A Few Points To Keep Your Closing Process On A Move

Real estate has various factors that affect growth and downfall. From the inflation to the varying property prices it has a bigger impact on the economy as well. When working on closing a real estate deal there can be plenty of delays on the road. It is the real estate agents job to steer around these road blocks and stay in the fast lane.

Buyers and sellers all plan to meet the closing deadline. In some parts of a country, there are no consequences for the delay in closing a deal while in some it has some major ill effects. The delays most often involve a monetary penalty or require negotiation. One non-closing can have a major effect on another deal that a real estate agent is making. If a seller wishes to buy a home and the real estate agent is unable to close that deal he may be at a loss, as someone who is ready to make the payment and close the deal immediately will not wait says Scott Rister. They will look for other real estate agent who helps in closing a deal in no time.

This situation mostly takes place when a date has been committed. Never give a deadline when signing a contract as the minor delay can become major setbacks in no time. When one hires a real estate agent they are looking for smooth flow of work. Its the realtor's job to ensure that the entire process is not delayed. Below are a few things that real estate agents need to keep in mind are:

• The real estate agents should be on a watch for problems. It is their job to identify potential problems before they happen and put a plan in place to solve them.
• It is necessary that one keeps the lenders in the loop. The buyer should check in with the banks as they require a lot of paperwork these days sometimes the same document and information again and again. If the mortgage professional asks for any follow up documentation, give it right away as even as one signature or document missing can hold up the entire closing.
• Sellers can give last minute surprises and these can cause bumps in the road making it impossible to move on time. This happens mostly when the seller wishes to make repairs prior to closing. In this scenario put a deal line to those repairs. No matter they are big or small you will not want to show up in a walk through where the seller is doing the work.

These are some of the points that a real estate agent and a seller can keep in mind for a smoother process.When we are dealing with real estate, once in a while things come out from nowhere. It is seen that nine times out of ten the closings have been successfully completed. A smart real estate agent assures that he leaves no field empty and untouched and has a back-up for all.

Scott Rister- Golf Fitness Why It Is Necessary?

Golf is the game of strength and alertness. It requires presence of mind where one need to be active to make the decisions. When we talk about golf, we need to consider the fitness level that is associated with the game. When one is playing at a professional level, then according Scott Rister golf exercises are very beneficial in getting one ready for the upcoming golf season. These are equally good for those who play golf as a hobby with friends.


In most places the golf tour is in full swing and many golf lovers are anxious to dust of the golf clubs and get out on the golf course for the first round. Well, if you have spent a lot of time working and absolutely no practice, then its time for you to take the rust off. These will help you get better on the golf swing, and make you feel comfortable with your driver on the first tee and post a good golf score. Golf is a game that requires mastery in a variety of areas like success and development go hand in hand also mechanical, physical, nutritional, and mental development.


Golf swing is a critical criteria and it is divided into phases such as address, back-swing, transition, downswing, and follow through. It is something that is amateur to master each movement is entailed in phases of the golf swing. When talk about mechanics we are dealing with the development of proper biomechanics of the golf swing. Physical entails you developing the body around the golf swing and fueling your body with proper diet to give you success on the golf course. When you are out to play, make sure you have a proper mindset to excel in the game as all these categories have a direct impact on the development of the game. We see that most golfers mostly focus on the development and golf swing works in accordance with the developing of the biomechanics.


Scott Rister suggest that it all comes down to exercise. In order to play your best in the golf season you need to improve your swing and for that implementation of golf fitness exercises are required for developing your body around the golf.

Scott Rister- Make The Right Property Decisions

Investments are continually advancing overtime. Today the financial markets are changing and it’s up to us, how we leverage those to our advantage. With the investments, cash flows and regular paychecks these investment properties become a blessing for those who are retired or about to. The savings that one makes over the years can also be used to ones advantage not only to maintain the current lifestyle, but to create wealth as well.

One of the best ways to create wealth is by making worthy investments and having a steady cash flow from them. Rather than relying on your paycheck or salary to generate income it is better to use other sources such as real estate, bonds or assets. Of the various choices that one has real estate is the safest one owing to higher returns and lower risks. Well, for those who are not well versed in real estate with assistance from Scott Rister you can avoid any risks. As a real estate developer, he knows that properties are capital intensive and he will take all the appropriate measure to address those. He provides turnkey solutions that make will make your investments prove worthy.

As a savvy real estate investor, he makes sure that your properties provide cash flow and not simply appreciation. As a real estate developer, he enjoys the appreciation, but his concern is to provide investments that help to fulfill investment costs and fund other projects. He works towards development, so that as an investor, you start getting money from the investments. To make money the goals should be to buy rental property in the right markets. While we see some rental properties across the country offer low process and high rents. There are some areas where the markets are great an offer the best returns.

In real estate when we are evaluating the cash flow of real estate investment opportunities we often make the mistake of making decisions solely based on the price, but the area where the property is located matters more than that. In today’s time it’s crucial for real estate investor to make decision that proves worthy and a great source of income. Take time and choose the best property for a better ROI.

Choose The Right Neighborhood For Better Returns

Are you looking for investment opportunities? Do you own some real estate property? Are you not getting the right selling price? Do you wish to rent out your property for a steady cash flow of income? If yes, then Scott Rister is the right person to resort to. He is a known name when we talk about real estate, a man who has successfully taken care of a number of real estate deals single-handedly.

Investment made in the right market is worth the benefit. It is entirely your choice states Scott Rister when it comes to choosing the right neighborhood. The neighborhood, whether it is low income, moderate income, middle income, defines the rate of the property. It is also responsible for the rental income that you will receive if you wish to rent out the property. When we talk about low income neighborhood here the people are largely dependent on government assistance and the ratio of renters to owners is more. These are low priced areas, hence will not earn you a good source of income, these areas are best suited for wholesale/flip strategy. 

Moderate income neighborhoods are similar to low income neighborhoods only difference is here you get a high home ownership. This area will see more working class people with large number doing a blue collar job. With a good cash flow it makes a more attractive investment in that area. Here the ratio of renters to the homeowner is quite similar making it an ideal place for wholesale, buy and hold strategies.

Middle income neighborhoods are completely different in every way from low and moderate income areas. Here the biggest difference is home ownership and types of employment. Most residents own their homes and are employed in high level blue collar jobs. This is an excellent area for long-term holds because of the stable nature of the area and tenants. Here the ration of the renters to owner-occupied homes is closer to 80 percent. These areas are better suited to fix and flip and buy-and-hold strategies.

Home values vary from market to market and between neighborhoods. Never choose a neighborhood based on the market values alone. It's best to target those areas where property values represent the affordable housing stock, making them easy to lease, buy, and sell.

Scott Rister- Invest Where You Get The Best ROI

If you are like most real estate investors in today’s market place then you should definitely consider purchasing a bank foreclosure. Even if you are a newbie and have not put your game plan into action, still you have dreamt of getting the best house and turning it into a worthy investment. One spends dollars on an ugly house and then tons of money to make it look beautiful. Hence it’s better to look up for ready profitable properties that will give a better ROI without any expenditure.

Real estate is similar to other prospects here you get educated and become resourceful and meet people who will help you make better deals. No matter how pro one gets there is still fear in mind that you may lose the deal. Scott Rister the man who has successfully worked out thousands of real estate deals suggests that you need to take positive action to make the investment and deals successful.  Many investors often make the mistake of buying property with little or no consideration of the neighborhood or the market; there you may be stuck with problems that are because of the location.

We may come across a number of investors who buy nice rental properties that will not impress most people as they are in a distressed locality with blighted properties where there is high unemployment and a decreasing population. Such localities will not give the best rent rate, hence making it impossible to achieve profits. Scott Rister states that it’s better to check the local economics, employment trends, net migration, industry diversification, housing market and the market conditions

It is more important to be concerned about the overall market health and its future prospects than it is to just worry about the potential cash-flow and other “numbers” on the property. These are factors of course, but making purchases based solely on the property without considering the bigger picture of the market and neighbourhood is like trying to sail a ship against strong headwinds.
If you don’t start from the right neighbourhood and the right markets over time you will experience less tenant turnover, payment defaults and face a difficulty in selling the property.