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
Running a business means staying on top of every aspect of it. Not only do you need to be the lead negotiator and head marketer but you are also in charge of the finances. Whether you like it or not the finances can make or break your business. It is not enough to simply close...Read More
You have spent weeks dotting every “I” and crossing every “T”. You have handled every curveball your lender has thrown at you and dealt with issues you would have never expected. You struggled getting on the same page as the seller but now you are finally ready to close. Just when you think your work...Read More
What does it take to become a successful real estate investor? Depending on who you ask the answers will vary greatly. Some will say it takes financial backing while others will say you need education. Some will argue that local contacts are key while others proclaim that a quality real estate agent is essential. While...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
There are ups and downs in every business. As a real estate investor some days you feel like you are on top of the world and others you wonder why you are in the business. What keeps you going during the down times is having the right mindset. Not only do you need to acknowledge...Read More
Owning a rental property should be viewed as a long term investment. If you take care of the property it will produce income for years to come. As apparent as this may be not every landlord is willing to go the extra mile. They would rather allocate any extra cash flow to other areas of...Read More
The goal of any business is converting leads into sales. Most real estate investors understand the importance of lead generation. As important as lead generation is the real prize is in the conversion. This is the case whether you are working with distressed homeowners or landlords simply looking to get out of the property. Increasing...Read More
Finding good deals is the key to a successful real estate business. Where and how you find these deals is entirely up to you. Instead of relying on the same sources as every other investor it is important to come up with ideas that are unique to you. The less competition for deals the better...Read More