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entrepreneur tips
If you own a business, you know how important it is to keep an eye on the bottom line. In fact, almost everything you do should have some consideration of how it will impact your expenses. As important as it is to save money and find ways to lower costs, you also need to pick...
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Real estate investing is a numbers game for a reason. Regardless of how well run your business is, deals will fall out from time to time. The more deals you have in the pipeline the easier it is to withstand the occasional lost deal. What can never happen is making the same mistake twice. Anyone...
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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....
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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...
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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...
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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...
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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...
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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...
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Anyone can invest in real estate. You don’t need a degree or an expensive license to make an offer. Someone with twenty years’ experience has the same opportunity as a new investor looking for their first deal. Many of the real estate investors you see on TV struggled for years before finding their grove. The...
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Your ability to speak in public is an essential, yet underrated, aspect of running a business. When most people think of public speaking they think of talking to a room full of hundreds of people. You may get to this point over time but public speaking for you can mean talking to dozen people at...
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