The real estate business is hard. Not everyone who gets involved with real estate is going to be successful. There are plenty of new investors who enter the business thinking deals will just fall on their laps. When it doesn’t happen they get frustrated and in the matter of just a few months give up […]
There are many investors who accumulate properties primarily through auctions. Whether you are looking at foreclosure or tax liens auctions are a great way to get discounted properties. However they can also be a source of great frustration if you do not know what you are doing. It is not enough to show up at […]
One of the biggest hurdles for many new investors is finding the capital to fund deals. While this can be an obstacle it doesn’t have to be a roadblock. There are many more avenues for capital today than ever before. Like anything else in the real estate business you need to go out there and […]
There is no right or wrong way to get started in real estate. There is a large contingent of investors who say if you own a rental property it should be a multifamily property. The other side will argue that by starting with a single family you will get an idea of exactly how being […]
The real estate business is open to anyone that wants to be a part of it. For every millionaire investor there are dozens more who buy just one property a year. These investors who dabble in real estate comprise a large part of the business. If you fall into this category it is vital that […]
A good real estate agent can be the backbone of a successful investing career. Not only do they help find deals, submit offers and run comparable sales but they can also help you get the highest price when you are ready to sell. Developing this relationship typically takes several deals or years of solid communication. […]
Motivated sellers are the Holy Grail for real estate investors. What makes them so attractive is that they have a specific need and are ready to act in as short a timeframe as possible. This reduces the weeks of back and forth that can be frustrating and unproductive. Working with a motivated seller alone does […]
There is not much that separates investors in a particular market. Often times it is doing the little things that mean the most. These little things may not produce immediate results but if continued over time will have a lasting impact. Instead of worrying about finding deals you should focus on things you can control. […]
Owning the right vacation property can provide years of enjoyment and surplus income. However it can also drain you of time and energy if it is not run properly. Renting a vacation property is much different than the average single family in your local neighborhood. The basic concepts are the same but there are a […]
One of the most important tasks of new investors, especially wholesalers, is building a database of buyers. The stronger your buyers list is the easier it will be to pass deals along when they come your way. Building your list is something you should spend time on every week. Every new investor contact you meet […]