Anytime you buy real estate with the intent of selling it at some point, you are looking to create value. In some cases, adding value may require you to buy low or in neighborhoods that are expected to increase in popularity. More often than not, you will have to create your own value through the […]
As a property owner and a prospective landlord, you will spend months worrying that every last detail of the purchase goes according to plan. You will check each item on title and every line of the settlement statement until you are 100% confident that nothing can go wrong. It is surprising, but these are the […]
You don’t need to know everything to be a successful real estate investor, but you do need to know what you don’t know. That may seem a little contradictory, but some of the smartest people in real estate surround themselves with people who are much smarter than them. They understand that you need to have […]
The concept of investing in a condo is one in which entrepreneurs have debated for years. For every investor who wouldn’t go near them, there is another that has carved out a lucrative niche. However, investing in condos is similar to any other real estate investment strategy. There is money to be made in the […]
One of the hardest things to do in business, and in life, is to admit when you are wrong. There are many instances when this can come up in the real estate world, but it is particularly prevalent in asking prices. Your list price can either be based on data or a pipe dream, but […]
As the year’s end approaches, it is time to review all of the ups and downs your business has gone through over the last twelve months. For some, it may have been a profitable year full of many new opportunities. Others may have seen it as a time of transition. Whatever your year was like, […]
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 […]