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business plan
Building a business takes time. With the influence of modern technology, we are conditioned to want, and have, everything in the blink of an eye. When it doesn’t happen, we are easily bored and frustrated and don’t focus like we need to. Building a successful real estate business is no different. We want the business...
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Are you ready to run your own business? It should not be lost on you that as a real estate investor you are the CEO, CFO, President and Principal of your business. You are directly involved in every decision you make, every property you pursue and every partnership you are involved in. Your ability to...
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There are several key factors that go into a successful house flip. For starters, you need to get the property at a price that works for you. Overpaying on the way in will put you behind the eight ball throughout the process. Next, you assemble the right team and do the right work, all while...
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At some point in every real estate investors career they will entertain the thought of working with a partner. In some cases, the right partner will be the best thing you can do, greatly accelerating your business growth. In other scenarios, you will almost instantly regret the partnership and look for ways to get out...
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With any business, the goal should be to constantly take incremental steps forward. If you can scratch out even a small profit on every deal you will ultimately be ahead of the game. As a real estate investor, you are faced with a handful of important decisions daily. Without even knowing it at the time...
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One of the most popular questions in the real estate community is “how do I get started?” Every day there is a new investor out there looking to enter the wonderful world of real estate but doesn’t quite know how to do it. If you are fresh out of college or looking for your first...
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All landlords are constantly looking for ways to increase their bottom line. Increased cash flow gives them the ability to do a multitude of things with the surplus. As great as saving money is, you need to know where to draw the line. There are a handful of home improvement projects that almost any landlord...
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On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There...
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Most investors understand the benefit of a quality rental property. However, as popular as single-family rentals are there is always hesitation making the leap to multifamily rentals. The reality is that in many ways multifamily properties are much safer and offer a higher return than a single-family property. Furthermore, with additional rents coming in there...
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With summer in full swing it is prime time for vacation season. Right now, you may be reading this on the front porch of your vacation home with the sun just coming up and a cup of coffee by your side. You have been coming to the same spot every summer and just started considering...
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