As a landlord your lease is everything. Without a well written lease for your protection you leave yourself open to liability, litigation and financial loss. It is not enough to use the first lease you find online. Your lease needs to be tailored specifically to the property, the market and your personal preferences. Anything that...Read More
When you find a property you really want you need to go the extra mile to get it. It can be very demoralizing tracking a property for months only to have it end up with someone else. In most cases buyers who know how to negotiate best end up with more deals. Successful negotiation doesn’t...Read More
There have been many changes to the real estate business over the last fifteen years. In the past if you want to buy a property you most likely used one of the many conventional loan programs there were offered. You also need to lean on your local real estate agent to find good deals and...Read More
The best real estate investors surround themselves with the best possible team. As individual as investing in real estate is there is also plenty of reliance on the people around you. It is not enough to hire the first able person that comes your way. You need to be comfortable that whoever works for you...Read More
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
To be a great real estate investor you need to follow rules. The rules you create will help guide you in everything you do. Without rules it is easy to jump at every new property that hits the market. Without a set of defined rules you can end up with properties that aren’t really profitable. ...Read More
Rehabbing is currently the most popular form of real estate investing. Almost every new investor that enters the market wants to be the next great house flipper. While this is certainly achievable there is plenty that can go wrong. Things may look easy enough on TV but are often much more difficult than you may...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 mind is a very powerful thing. It influences how you think about a deal and how you feel about a new contact. It can push you to work hard in times of struggle or throw in the towel when faced with adversity. In the world of real estate the right mindset is essential. Investing...Read More
The best real estate investors start with a plan. Figuring out what you need and how to get it can be confusing and frustrating as you are just starting out. While there are several different paths you can take there are a few basic items all new investors need. These items are the backbone of...Read More
