Successful real estate investors come from all walks of life and various professions. Someone with a background in technology has the same chance on a deal as a lifelong real estate agent. One of the great things about real estate is that there is no defined path of success. Every day there are new investors […]
In a perfect world, you would have piles of cash available for every offer. If you saw a property you like you would just blow your competition away and acquire the property. As ideal as this scenario sounds it may not be very realistic when you are just starting out. A more common scenario is […]
It is not enough to get your phone to ring, you need to be able to turn the lead into an actual deal. You never know when you will be presented with a new deal opportunity. However, and whenever, they come your way you need to be ready to act. What you do in the […]
Closing a profitable real estate transaction typically starts well before you take ownership of the property. If you aren’t sharp with your evaluation on the way in you will be playing catch up throughout the process. It is not enough to base your buying decisions on instinct or a gut feeling. You need to dive […]
Running a successful real estate investing business is an exciting time. There is something about seeing all the work you put in finally paying off. When things start going well and money starts coming in you need to keep a close eye on your finances. If you are loose with your money everything you did […]
Transitioning from the end of the current lease to the start of a new one is always a tricky time for any landlord. For just a few critical weeks you need to balance the needs of your new tenants while still protecting yourself from your current ones. If you are not careful you can rush […]
Anyone can become a real estate investor. However, if you want to be successful there are a few things you need to do prior to getting started. Where most new investors get in trouble is diving right into the business without much of a plan. One of the things that makes real estate investing unique […]
Did you know there is a way to make money in real estate without using any your own funds? One of the biggest hurdles new investors face is finding financing for their deals. Many investors know that by using other people’s money you can easily enter the business and start closing deals. It is no […]
Starting out in real estate is like opening a new business. Depending on the study you read almost 75% of all new businesses fail in the first year. Out of those 75% exactly zero business owners think they aren’t going to make it. As the numbers indicate it takes plenty to go right to be […]
There is a certain euphoric feeling closing your first big real estate deal. You most likely thought about this moment for weeks, if not months, planning where you will spend your windfall. Before you get too excited it is important to consider the big picture. Any check you receive at closing is not 100% profit. […]