The number one misconception about investing in real estate is that you need personal capital to get started. While it can certainly help, it is far from a necessity. With the way real estate has changed over the years, there are numerous financing options that can help you get started. Most of these will come […]
There is nothing in business like getting a referral. Not only are referrals much more likely to close, they can help cement the relationship with person who gives it. Also, the more referrals you can get, the less you have to spend on marketing. Building a referral base is much more about effort and persistence […]
Finding a quality tenant is a real game changer. If you own a rental property you undoubtedly know the importance of having a reliable tenant you can trust. Instead of worrying about chasing the rent every month you know it will be there without any prompting. You won’t stay up all night wondering if your […]
One of the most important cogs in your real estate investing machine is your contractor. Regardless of how you invest you are going to need to make property improvements, updates or modifications at some point along the way. A good relationship with a quality contractor that does impeccable work makes your life so much easier. […]
There is negotiation is almost everything you do in business. Whether you are looking to get a seller to agree to your offer or a contractor to agree to your price, you negotiate every day in business. Winning most of these negotiations can completely change your business for the better. Think of the impact of […]
There is more to getting an offer accepted than price. Of course, price is always a major consideration, but in some circumstances, it may not be the deciding factor. Some sellers are motivated by closing quickly and others simply want minimal headaches. Knowing how to tailor your offer to the seller’s motivation is key to […]
For many real estate investors buy and hold is their primary strategy. Instead of getting involved in short term fix and flip deals, they focus on long term rental properties. As much potential upside as rentals offer, they are not without some potential problems. Issues with the property, tenants and maintenance can make an average […]
More people are working from home than ever before. With the increase in technology and the lack of a true need for dedicated office space, this is a trend that will continue for the foreseeable future. As great as working from home can be, it can also become monotonous and even a little lonely if […]
It is not how much you make, but how much you keep. Investing in real estate has many stages. You must find good deals, do the right work and then sell the property to generate a profit. What you do with your profits will often determine your long-term success. If you celebrate like you won, […]
The best investors are constantly focused on finding the next deal. Even if they are in the middle of a big rehab project or a new rental acquisition they understand the importance of keeping their pipeline filled. This is often what separates success from mediocrity. Many new investors understand the importance, but don’t know exactly […]