As an investor, you want to place yourself in the best position possible to receive a lead. Not every one of these will turn into a money making endeavor, but the more opportunities you are presented with, the higher number of deals you can close. Obtaining your real estate license is one of the best […]
With all of the improvements to technology, it is surprising that sometimes the most effective things you can do will be the simplest. What many new investors don’t realize is that simply declaring you want to be an investor will not get you any business. You have to take steps every day to build your […]
There are two types of leads you can get in business: leads you pay for and leads you generate on your own. Those leads, or referrals, are the preferred method for many reasons. First off, they usually don’t come with a cost to acquire. Secondly, since they are passed along from your network, the closing […]
If you are in business for yourself, you will go through many ebbs and flows. Some days you feel like you are in the best business in the world. Other times, you are left wondering exactly why you are investing in real estate and how much longer you can do it for. The one certainty […]
There are times in the real estate industry where you are in a position of strength and others when you are forced to take what the market gives you. If you know who has the upper hand and how to deal with it, you can make the best of any situation. Over the past five […]
One of the things you will realize, the longer you are in the business, is that deals do not just fall into your lap. There is often a process in obtaining leads and closing deals that can take several several months. Many sellers are not ready to sign a contract after sitting with you for […]
Over the past few years, we have seen the impact of short sales, foreclosures, loan modifications and interest rate changes on the real estate market. These have certainly impacted the market, but nothing has influenced deals over the past year more than property appraisals. Eighty to ninety percent of all real estate agents acknowledged that […]
It has been said that the people you surround yourself with will go a long way in determining your success as an investor. Developing and maintaining your network should be something you work on every day. The minute you take a business associate for granted, you will slowly start to lose them. Getting people to […]
With Thanksgiving officially behind us, we are now full steam ahead towards Christmas and the New Year. With this comes excessive decorations, candles, fires and of course Christmas trees. You may be hesitant to say something to your tenants about safety and adhering to the lease, but more mishaps occur around Christmas than any other […]
There is a lot that goes into rehabbing a property. From an outsiders perspective, it would appear that you can buy any property at a discount, do some basic improvements and sell for a 20% profit. However, if it was that easy, everyone would be doing it. The process of rehabbing involves painstakingly examining every […]