Most good things in business start with a plan. Without a plan it is easy to veer off course in times of desperation. You will find yourself looking at deals and markets where you have no business being in. While taking action is always important taking action blindly will often do more harm than good....Read More
To be a great real estate investor you need to follow rules. The rules you create will help guide you in everything you do. Without rules it is easy to jump at every new property that hits the market. Without a set of defined rules you can end up with properties that aren’t really profitable. ...Read More
Rehabbing is currently the most popular form of real estate investing. Almost every new investor that enters the market wants to be the next great house flipper. While this is certainly achievable there is plenty that can go wrong. Things may look easy enough on TV but are often much more difficult than you may...Read More
To run an efficient rental property you need to be a good landlord. There are many rental property owners who do not have the residual cash flow to hire a dedicated property manager. This puts them in the front lines with all of their tenants. Instead of treating it as a job you should think...Read More
If you are looking for financing on your next deal you shouldn’t discount your local bank or mortgage broker. Even though traditional financing has received a bad rap in recent years it is still a viable option for the right borrower. The two main lending options are a local bank and a mortgage broker. While...Read More
The mind is a very powerful thing. It influences how you think about a deal and how you feel about a new contact. It can push you to work hard in times of struggle or throw in the towel when faced with adversity. In the world of real estate the right mindset is essential. Investing...Read More
The best real estate investors start with a plan. Figuring out what you need and how to get it can be confusing and frustrating as you are just starting out. While there are several different paths you can take there are a few basic items all new investors need. These items are the backbone of...Read More
Real estate investors wear many hats. They are part accountant, part problem solver and part financial manager. Perhaps the biggest characteristic of successful real estate investors is that of a salesperson. Whether you know it, or like it, sales is a huge part of the business. There is a large degree of selling involved in...Read More
It is difficult to have success in real estate without a good plan. You can have the best intentions and be motivated to succeed but if you don’t know where you are going you will eventually get lost. Investing in real estate is very much like starting a new business. You should have an idea...Read More
If the NBA finals taught us anything it is the importance of having a good team around you. Sure, Lebron James & Kyrie Irving were the stars but they could not do it alone. There were several players and coaches who did the little things to make them successful. These pieces to the puzzle often...Read More