A well performing rental property can completely change your portfolio. Not only will you be able to take advantage of strong monthly cash flow returns but you can build a base for the future. As appealing as this sounds getting there can be a different story. There are many hurdles and pitfalls to becoming a...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
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
There is a notion among rental property owners that the more things they can do the more money they are saving. While this may work for some items it does not apply to every aspect of the property. With every task you perform there is something that must be sacrificed. In many cases what you...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
Everything in real estate starts with obtaining financing. This is the case whether you are a first time homebuyer or a seasoned investor. How the property is financed often dictates how the rest of the transaction will go. Purchases backed by hard or private money can be closed in as little as ten days with...Read More
The effectiveness of your marketing campaigns often defines the success of your investing business. Without a steady flow of leads constantly coming in you won’t have deals to work on. A lack of deals causes a decrease in motivation which prevents you from being able to take advantage of opportunities when they present themselves. Instead...Read More