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There are few things more impactful to your financial health than a foreclosure. Aside from a bankruptcy, a property foreclosure is one of the worst things that can negatively affect your credit. Not only does it hurt your credit in the short term, but it has a lasting impact that could take years to recover....
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There is nothing quite like spending time with friends and family at a vacation rental property. In fact, there is a chance that some of you are reading this right now sipping coffee overlooking your favorite morning spot. As much as you may relish your time spent there it doesn’t necessarily mean you should make...
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Getting approved for a loan is much different than it was a decade ago. In the past there were multiple options and programs for every different income type and down payment. Today there is much more documentation required and everything is much more scrutinized. A seemingly innocent document requested at the 11th hour could cause...
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Business is all about generating income. You can have tons of busy work and potential deals, but unless you turn those into revenue it doesn’t make a difference. In the world of real estate being efficient with your time is a must. If you blow it on tasks that don’t move the needle you will...
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Some of the best investments require a leap of faith. You have probably heard for a while that to make money in real estate you need to think outside the box. One of the most out of the box buy and hold opportunities is with student housing rentals. On the surface, these may seem like...
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There are many ways to generate interest in your rental property. Without interest it is difficult to find the right tenant or to fill a vacancy when you want to. On the flip side, the more interest you have the more likely you can find the best possible tenant. With all the real estate rental...
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The real estate investing business is all about consistency. You want to get to the point where you have consistency in team building, networking, lead generation and every aspect of your business. If you consistent in these areas, things have a way of falling in place. Every investor wants the opportunity to do more deals....
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You can do everything right on six consecutive deals but if you are sloppy with the due diligence on the seventh, the consequences could be severe. As basic as it sounds, it is important to always keep the flow of profits moving in the right direction. Making a small profit on a deal is always...
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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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It is important to recognize that real estate investing is a business. Like any other business there are systems, policies and procedures that must be followed. The biggest problem most new investors have is organization. Even if you only invest part time you need to stay on top of everything you are doing. Not only...
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