Starting a new business is full of unexpected challenges. Knowing exactly the right path to take is always a bit of a mystery. Even if things don’t end up going your way you never want to have any regrets. You can live with mistakes but regrets will eat you alive. One of the things that...Read More
Every good real estate investing career starts with a plan. Choosing to dive right into the business and take things as they come is often a recipe for disaster. Without a plan you will takes risks that often don’t match your personality. Eventually these decisions will come back to haunt you. Conversely with a solid...Read More
As a real estate investor it often gets lost that you are actually running a business. Like any other business you need to stay on top of market trends, numbers and lead generation. By focusing too much on any particular niche or individual deal eventually you will find yourself in trouble. The best investors are...Read More
In real estate numbers are everything. You can personally love a property but if the numbers don’t work you need to walk away. When you come across a new property how quickly you can process all of the data and assign a value is critical. Although value is always at least partially subjective there are...Read More
As a house flipper your job isn’t over until the property is sold. You can do great rehab work but until you are at the closing table there is still more to be done. Every day that you own the property you are on the hook for the carrying costs and other expenses. It is...Read More
If investing in rehab properties is your focus a quality contractor is essential. A good contractor will improve your bottom line and help get your projects done as quickly as possible. Conversely a poor contractor will make every day on the property feel like a nightmare. As wonderful as finding the right contractor is it...Read More
The most successful real estate investors recognize the importance of surrounding themselves with a solid team. Not only does a strong team help in reaching your goals but it makes your life that much easier. Instead of trying to do every task yourself you will be comfortable letting go and focusing on other areas. Anyone...Read More
If you are a fix and flip real estate investor a reliable contractor is essential. Not only will they improve your bottom line on every project but they can create a great working environment. Unfortunately good contractors don’t just fall on your lap. It is not uncommon to go through several contractors on your way...Read More
Are you thinking about investing in real estate? If you are reading this you are off to a great start. However now is when the real work begins. You can’t just dive right in and make offers on every new property you see. You need to think about investing in real estate like running a...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