There are dozens of ways to make money in real estate. When you are just starting out, it can be very tempting to try to tackle every deal you see. A few weeks here and a few weeks there looking at new deals and soon enough you have been chasing your tail for months. Without […]
Regardless of where you are in your real estate career, the right realtor can add value to your business. In addition to finding and submitting offers on deals, they can help you understand exactly the market you are buying in. Your realtor is one of, if not the, most important members in your investing team. […]
The real estate investing business would certainly be a lot easier if we got approvals on every property we made offers on. With increased investor competition and a reduction in foreclosed and short sale properties, you need to look outside the box for your deals. One of the areas you can look into is properties […]
The strength of your real estate marketing campaigns will go a long way in developing a strong pipeline. One of the biggest misconceptions about marketing is that you need deep pockets to become successful. Having the ability to consistently send mass mailings helps, but it is just one of the many marketing options you have […]
The nature of the real estate business is such that only 10% of the offers you make are accepted. That being said, there is the belief by many newbie investors that to increase their chances they should increase the number of offers they make. This is the worst thing you can do. Instead of concentrating […]
In the world of real estate investing, time is your biggest asset. How you spend your day and the types of deals you work on will either bring you success or get you tied up in knots. If you spend hours every day working on deals that will never close, you will end up missing […]
In a perfect world, there would be a continuous cycle from one happy tenant to the next. However, anyone who owns rental property knows that things do not always go according to plan. For every nine happy tenants who pay on time every month, all it takes is one bad one to set your business […]
Tenants come in all shapes and sizes. There will come a time when, as a landlord, you receive very strange tenant requests. Having said that, landlords need to lay down a firm set of rules and be willing to enforce them. The minute your tenants sense any weakness, there is a natural tendency to pounce. […]
As an investor, you are the CEO of your company. Even if you aren’t exactly a Fortune 500 company, you are in control of the success and failure of your business. Every decision you make has to who to work with, what properties you make offers on and every dollar that goes out the door […]
The more an investor can do on their flips by themselves, the more money they will make. This is nice in theory, but in reality it doesn’t work this way. Before you look at a single piece of real estate, you need to surround yourself with an investing team that knows what they are doing. […]