It is not enough to rely on the strength of your market to produce a sale. All across the country there are plenty of places where real estate is in high demand. Even though your market may be flooded with buyers, it doesn’t mean your property will fly off the shelf. You still need to...Read More
One of the major components in a successful house flip is properly estimating your after-repair value. You can do great work on the property but if you are off the mark with your ARV the deal won’t be as successful as you anticipated. Experienced rehabbers understand that simply making improvements doesn’t always increase the value....Read More
There is a line from the movie “Rounders” that states we rarely remember our winning poker hands, but we can cite with incredibly accuracy the big ones we have lost. The same can be said for the world of real estate investing. For every success story it is easy focusing on the ones about the...Read More
There is more to real estate investing than quick flips and rehabs. While these types of deals are currently the norm, they are far from the only way to dabble in real estate. You can still build a long-term portfolio through rental properties, pass along wholesale deals or form a capital partnership. There are literally...Read More
A healthy real estate portfolio is one of the keys to true long-term wealth. Even a sole single-family rental can completely change your financial outlook. As much as you may see the upside with a rental, there are a handful of negatives that can be difficult to ignore. There is no question that if you...Read More
Throwing money at a property does not guarantee success. The reality is that finding the right updates, upgrades and improvements is not about money, but rather doing the right work for the market. Simply throwing money at a property and expecting a return will leave you frustrated and disappointed. Savvy investors know that not all...Read More
All loans are not created equally. Depending on the property type, timeframe and specific situation some loans work better than others. If you are into quick flips and rehabs a 30-year fixed loan doesn’t make a whole lot of sense. Regardless of what type of investing you are into you can probably find financing that...Read More
There are many things needed to grow a successful real estate business. You need to have a firm grasp on the local real estate market, numbers and formulas. You need to build a reliable team that can help tackle anything that comes your way. It also helps to have capital behind you and the ability...Read More
Every real estate investor wants to be successful. There is nobody who starts a new career thinking they will fail. However, wanting to be successful only works if you are willing to pay the price and make the necessary sacrifices. This is especially important in the world of real estate where setbacks and disappointment are...Read More
There are legitimate pros and cons to almost every action you take in business. If you talk to ten people, five will be staunchly in favor of your action and the other five will have a completely different opinion. Thus is the case with property management. There is no disputing the value of a dedicated...Read More