Most good things in business start with a plan. Without a plan it is easy to veer off course in times of desperation. You will find yourself looking at deals and markets where you have no business being in. While taking action is always important taking action blindly will often do more harm than good....Read More
If you are looking for financing on your next deal you shouldn’t discount your local bank or mortgage broker. Even though traditional financing has received a bad rap in recent years it is still a viable option for the right borrower. The two main lending options are a local bank and a mortgage broker. While...Read More
The most successful real estate investors are able to convert deals with motivated sellers. These are the deals with sellers who are going to close with somebody and that person has to be you. They may be facing foreclosure, short sale, probate, divorce or have some other reason for wanting and needing to close quickly. ...Read More
The first step of any real estate deal is securing financing. Any grand real estate plans you have are based on your available capital. It will directly impact the market you choose, the purchase price, repair budget and everything about your transaction. One of the most common complaints in the investing business is the inability...Read More
Not every property is a great rehab property. As a rehabber there is often a thin line between success and disappointment. Your success starts with choosing the right property to work on. You can have a great property but if the location is poor you won’t get the most out of it. The right property...Read More
The hardest part of starting anything is taking the first step. If you are reading this you have probably committed to investing in real estate but aren’t quite sure how to do it. You may know some of the various options but are nervous to commit to anything. This is a natural reaction and all...Read More
As a real estate investor you often are forced to wear many different hats. Perhaps the most important hat that you wear is that of CFO (chief financial officer) of your business. Without a good grasp of all funds coming in and going out you won’t get very far. In this day and age of...Read More
The real estate investing business isn’t easy. There are times in most every investor’s career when you will question what you are doing. There may even be times when you feel that you have had enough and will never master the business. You are not alone. Like any other business investing in real estate is...Read More
One of the keys to a successful real estate business is a diversified portfolio. The different avenues you have for creating wealth the safer your business is. There are many investors who are intimidated at the prospects of a commercial property. They feel that the greater number of units the risker the investment is. The...Read More
There is tremendous potential currently in the rehab property market. What makes this area so appealing is that you don’t need a license or certificate to get started. One day you can be sitting at your cubicle and the next the owner of an investment property. As popular as rehabbing is there are a few...Read More