Everything in real estate starts with obtaining financing. This is the case whether you are a first time homebuyer or a seasoned investor. How the property is financed often dictates how the rest of the transaction will go. Purchases backed by hard or private money can be closed in as little as ten days with...Read More
There are always plenty of unknowns with any new business. Investing in real estate is no different. There are many new investors who feel they have an idea of what they are in for based solely on what they see on TV. After they get started they quickly realize that their vision doesn’t match reality. ...Read More
There are pros and cons to almost everything in real estate. One segment of investors will tell you that multifamily rental properties are the only way to go. Another camp will tell you that they are more trouble than they are worth and you should be focusing on single family properties. The reality lies somewhere...Read More
There is a lot to consider when buying your first investment property. In addition to finding the right market you also need to know what you want from the property. By starting with the end in mind it will help guide you every step of the way. Knowing your property goals will also give you...Read More
There is a lot to consider before making an offer. In the excitement of finding a good property and working on a new deal it is easy to get overzealous. You want the deal so badly that you may lose track of what is really important. The goal of any investor is not to accumulate...Read More
As a real estate investor you are in charge of your own business. It is no different than any other type of self-employment. You make the rules, create the culture and shape which areas of the business you want to focus on. As great as this sounds not everyone is cut out for this type...Read More
The goal of any real estate investor is to convert leads into deals. How well you do this often separates you from every other investor in your area. It is not enough to state your case and hope for the best. There is a certain way of talking to sellers that gives you the best...Read More
The first year for any new business is the most important. What you do in the first twelve months will often set the tone for the next decade plus. If you can get past the startup period you will be well on your way to success. Surviving this period is as much about having the...Read More
There have been many changes to the real estate business over the last fifteen years. In the past if you want to buy a property you most likely used one of the many conventional loan programs there were offered. You also need to lean on your local real estate agent to find good deals and...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