One of the most tedious and time-consuming aspects of real estate investing is due diligence. It is not a stretch for a good investor to look at dozens of properties without getting an offer accepted. In fact, they may not even make an offer if the property and numbers don’t make sense. After a while...Read More
Negotiation is a direct part of almost everything you do in the world of real estate. In addition to negotiating the best possible price on every offer you make, you negotiate with your contractor, property manager and possibly even tenants without even knowing it. The better you are at negotiation the greater impact you will...Read More
Every member of your real estate investing team is important. All it takes is just one person to drop the ball to send you in scramble mode. This can result in increased expenses, delayed turnover and rocky relationships with everyone on site. If your investing focus is rehabs and flips perhaps the most important team...Read More
Owning a rental property is more than simply finding a tenant and waiting for the rent on the first of the month. While anyone can passively manage a rental, there are a few important actions you need to take if you want to maximize your bottom line. Like anything else in real estate, it is...Read More
There is a fine line between success and failure in any business. Just one false step can set your business on the wrong course and completely change everything. Fortunately, in the world of real estate you control the direction of your business and the decisions you make. By aligning yourself with good people and constantly...Read More
In most markets the demand for quality rentals continues to remain strong. Over the past decade there has been a steady increase in rental property ownership and rental property demand. Just one cash flow producing rental property can completely change your portfolio for the better. For every tenant horror story you hear there are a...Read More
Numbers should drive everything you do in real estate. If the numbers don’t work, as difficult as it may be, you need to walk away. There are plenty of numbers that alone won’t move the needle too much but added up can have a significant impact. These seemingly hidden figures are especially prevalent in the...Read More
Regardless if you close a deal a month or a handful a year it is important to have a specific investing niche. Many investors think that being a jack of all trades and investing in numerous different areas of the business is a hidden key to a strong portfolio. While this is true over time...Read More
Your ability to speak in public is an essential, yet underrated, aspect of running a business. When most people think of public speaking they think of talking to a room full of hundreds of people. You may get to this point over time but public speaking for you can mean talking to dozen people at...Read More
The real estate investing business is more than numbers and properties. You can spend your days studying charts and looking at trends but if you don’t do the little things it doesn’t make a difference. Every investor should treat their investing like a business. With this, there are a few important principals that should guide...Read More
