Completing a successful real estate transaction is difficult, regardless of how experienced someone is regarding buying or selling homes. It takes several moving parts coming together at the right time to get a deal to the finish line. A handful of buyers back out of deals every day. Knowing the reasons a buyer might back […]
When you’ve decided to sell your house, one of the first questions you’ll ask is how to find buyers for your home. Depending on the location and property type, finding a buyer for a real estate transaction can range from fairly simple to downright challenging. Especially for those who have never sold a house before, […]
At face value, working with cash buyers should be simple. Unfortunately, this is not always the case, and working with cash buyers can be difficult. There are a few malpractices to look out for when working with cash buyers to save time and frustration. Over the years, many cash buyers draft terms in their offers […]
Hard to find centralized location with a short walk to the Shoppes at Parma, UH Hospital System, and Ridgewood Golf Course. Just minutes from the gym and entertainment. Over an acre of usable land perfect for kids to run and play! CLICK HERE for more information
A seller’s goal should be to find the highest offer with the strongest probability of closing. While a near asking price offer may look great after initial review, it may be full of unnecessary contingencies and red flags that may put you in a bad position as the seller. What if you knew what to look for […]
As any real estate agent knows, leads are the lifeblood to success. This is why it is no secret that a high percentage of most agents’ time is dedicated to uncovering possible leads via as many conduits as possible. That being said, all leads are not created equal. Some leads roll in thanks to expensive […]
Buying a home is an important – and exciting – decision. After all, having a place to call your own, to raise your family in, to do as you wish with no landlord to answer to are all motivating factors in starting the process. But, in addition to these emotional reasons, buying a home can […]
A lot has changed in the world of real estate over the last decade.As difficult as it may be to believe, the mortgage collapse was over ten years ago. One of the defining terms shortly after the collapse was “short sale”. There is a good chance that even if you were in real estate you […]
Business is all about generating income. You can have tons of busy work and potential deals, but unless you turn those into revenue it doesn’t make a difference. In the world of real estate being efficient with your time is a must. If you blow it on tasks that don’t move the needle you will […]
Your perception of real estate is often different from reality. From the outside you can buy any property, make some improvements and walk away with a handsome profit. The reality is that it is difficult to get good deals, make the right updates, find a buyer and close in your timeframe. Additionally, there is almost […]
The best way to build your pipeline is to increase the number of leads you generate. If you have been in real estate for some time you have probably heard that investing is a numbers game. The more leads you generate the more chances you have of turning a lead into a deal. Real estate […]
One of the most common places to find new tenants is the internet. There are more rental property listing sites today than ever before. In just a few clicks tenants can find a handful of rentals in their desired market, at their price point and in their timeframe. Gone are the days of relying on […]
One of the hardest things for any investor to experience is losing a deal. You may spend weeks, even months, chasing after a property only for it to fall out unexpectedly. As much as this stings, it is a part of the business. Every investor loses a tough deal or faces an unexpected setback from […]
Rental property ownership is filled with ups and downs. If you currently own residential real estate you may be faced with the most difficult period of your ownership. In addition to trying to navigate your personal financial situation, you have to worry about rent coming in from your tenants. The protection of your lease may […]
Behind any good real estate investor is a reliable contractor. Whether your business is built on flipping houses or buying investment properties, a quality contractor is essential. They will help keep your project moving in the right direction and cut off potential problems before they get too big. They will handle everything from simple maintenance […]
Even with the backdrop of a pandemic extremely present, the Real Estate world does not stop. There are many sellers who were waiting for the spring market to list their home and find a buyer. On the surface it would seem that these plans have taken a hit, but in reality they just need a […]
The starting point for any prospective deal is financing. How you plan on financing the transaction dictates just about everything else you do. Financing determines your offer price, the closing date, contract contingencies and earnest money deposited. On some deals the financing option is cut and dry. On others there are a handful of options […]
With any investment it is always wise to consider the exit strategy prior to diving in. Things may look good on paper, but reality is often a different story. As Mike Tyson famously said, “everyone has a plan until they get punched in the face.” How you want the property to go is not always […]
If you are in the real estate investing business long enough eventually you will face a business crisis. Your tenant may cause damage to a rental property, a deal maybe lost at the 11th hour or a rehab may have unexpected issues. How you act when these present themselves will not only determine the immediate problem but will […]
No two real estate investors are the same. You may have similar styles & tastes but there is always something about you and your business that makes you start at the same point but where we go from there is completely up to us. There is no sugarcoating the fact that investing is difficult at […]
In the world of real estate, you never know where your next big opportunity will come from. You may invest a certain way for years and then out of the blue be presented with something more appealing, and profitable. It is important to keep an open mind and be willing to at least explore every […]
The real estate investing business is all about consistency. You want to get to the point where you have consistency in team building, networking, lead generation and every aspect of your business. If you’re consistent in these areas, things have a way of falling in place. Every investor wants the opportunity to do more deals. […]
Everybody is on the hunt for the perfect investment. We want minimal risk, high returns and easy management. What we don’t realize is that those are hard to come by. Instead of constantly searching for the perfect investment you should look for something more easily attainable. A rental property is undoubtedly the best long-term investment currently […]
You can do everything right on six consecutive deals but if you are sloppy with the due diligence on the seventh, the consequences could be severe. As basic as it sounds, it is important to always keep the flow of profits moving in the right direction. Making a small profit on a deal is always […]
It is important to recognize that real estate investing is a business. Like any other business there are systems, policies and procedures that must be followed. The biggest problem most new investors have is organization. Even if you only invest part time you need to stay on top of everything you are doing. Not only […]
Anyone can rehab a property, but not everyone will be successful at it. From the outside it would appear that all you need to do is buy a property, throw some money at it and wait for offers to pour in. If you have ever flipped a house before you know that this is not […]
An important piece of the real estate puzzle hinges on building a strong team. This is why in addition to our network of agents, lenders, attorneys, and brokers, we are always on the lookout for great contractors to partner with. Below is some more insight on what we are looking for along with a number […]
If you are a real estate investor looking to purchase wholesale properties or partner on joint venture projects, look no further. Our team has the experience, know-how, and infrastructure to offer you opportunities in your real estate investment endeavors. No matter if you are looking for a rehab project to work on or you are […]
Are you ready to run your own business? It should not be lost on you that as a real estate investor you are the CEO, CFO, President and Principal of your business. You are directly involved in every decision you make, every property you pursue and every partnership you are involved in. Your ability to […]
Homeowners find themselves in the position of having to sell their home fast for any number of reasons. For example, there are times when family obligations require you to move out of state with little warning. Maybe a job relocation takes you to a new area. Or a personal situation has arisen, putting homeowners on […]
There are dozens of ways to run a business. What makes real estate investing so appealing are the limitless options of getting from point A to point B. With the right mindset and a little bit of good fortune you can go from part time investor to having more deals than you can handle in […]
There are many pieces to a successful real estate transaction. You need a good property, the right price, proper vision and most importantly, financing. Without capital to put your plan in motion, nothing else matters. Fortunately, there are more financing options today than ever before. No longer do you need to solely rely on traditional […]
From the outside, flipping a house looks easy. If you watch one of the many programs on rehabbing and flipping it makes it look like every property is a winner. The reality is that if you don’t know what you are doing you can, and will, be disappointed in your results. This is the part […]
There are several key factors that go into a successful house flip. For starters, you need to get the property at a price that works for you. Overpaying on the way in will put you behind the eight ball throughout the process. Next, you assemble the right team and do the right work, all while staying […]
There are two sides to every debate. For some reason, the world of real estate investing is full of debates. One of the more common debates is whether to hire a dedicated property manager. In a perfect world, every landlord would have someone to run their property. As much as there is a definite benefit, […]
At some point in every real estate investors career they will entertain the thought of working with a partner. In some cases, the right partner will be the best thing you can do, greatly accelerating your business growth. In other scenarios, you will almost instantly regret the partnership and look for ways to get out of […]
There are more rental property opportunities available today than ever before. A growing number of potential homebuyers are holding off and flooding the rental market. This has created ample demand for rental properties and in turn demand for landlords. On the surface, owning a rental property is easy. You buy a property, find some tenants […]
It is hard to believe that 2020 is just a few weeks away. It seems like only yesterday we were in the middle of spring and starting to think about summer. The reality is that the clock doesn’t stop, and the calendar often moves quicker than we would like. If you are like most people […]
One of the most popular questions in the real estate community is “how do I get started?” Every day there is a new investor out there looking to enter the wonderful world of real estate but doesn’t quite know how to do it. If you are fresh out of college or looking for your first […]
The strength of your investing business is in the people you surround yourself with. You can have access to capital and a good plan on putting it to use, but if your team is poor, ultimately you will suffer. The importance of your team is magnified as you are just starting out. You are pulled […]
Every investor has a stretch where nothing goes right. They struggle getting offers accepted, deals fall through, and they can’t come up with new ways of generating business. It is during these periods where your mettle is tested, and your business is defined. It is essential to dig in and work even harder to come […]
Every successful investor has a core of people around them. Whether you close a deal a month or a deal a year there are a handful of team members essential to your success. How you work with them will often influence just how strong your business is. There is a fine line in any business between giving […]
One of the great things about investing in real estate is that you don’t need your own funds to get started. Sure, having disposable money is nice but it is far from a necessity. That coupled with the fact that there are more capital options available than ever before makes this a great time to be […]
Getting a good deal on a rehab property is not enough to ensure a profit. If you buy in the wrong market it truly won’t matter how low your offer is. Prior to making an offer, or even exploring a property, there are a handful of key items you need to do your homework on. If these […]
On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There are always […]
Finding deals is one thing, funding them is another. There are a handful of ways you can fund your next purchase. While all the exotic stated income and 100% loan products are long gone, there are other options available. Some require some upfront capital, but most of them require nothing more than a plan in place […]
In the world of real estate investing you are only as good as the number of leads you work on. It is not a stretch to say that everything in your business revolves around your ability to generate leads. The more leads you work on the more likely you will be able to turn a […]
Everyone in business makes mistakes. When you are self-employed your mistakes tend to sting a little bit more. Instead of explaining yourself to a boss, there is nobody to blame but yourself. Under the right circumstances a mistake can be used as a learning experience. However, if you continue to make the same mistake again […]
As a house flipper your job isn’t over until the property is sold. You can do great rehab work but until you are at the closing table there is still more to be done. Every day that you own the property you are on the hook for the carrying costs and other expenses. It is […]
Most investors understand the benefit of a quality rental property. However, as popular as single-family rentals are there is always hesitation making the leap to multifamily rentals. The reality is that in many ways multifamily properties are much safer and offer a higher return than a single-family property. Furthermore, with additional rents coming in there […]
One of the major components in a successful house flip is properly estimating your after-repair value. You can do great work on the property but if you are off the mark with your ARV the deal won’t be as successful as you anticipated. Experienced rehabbers understand that simply making improvements doesn’t always increase the value. […]
Every real estate investor wants to be successful. There is nobody who starts a new career thinking they will fail. However, wanting to be successful only works if you are willing to pay the price and make the necessary sacrifices. This is especially important in the world of real estate where setbacks and disappointment are […]
Investing in real estate is one of the few professions you can earn a full-time income in part time hours. You don’t need to stare at a computer screen or punch numbers for eighty hours a week to earn a living. With just a few deals a year can supplement, or in some cases even exceed, […]
There are legitimate pros and cons to almost every action you take in business. If you talk to ten people, five will be staunchly in favor of your action and the other five will have a completely different opinion. Thus is the case with property management. There is no disputing the value of a dedicated property […]
Negotiation is a direct part of almost everything you do in the world of real estate. In addition to negotiating the best possible price on every offer you make, you negotiate with your contractor, property manager and possibly even tenants without even knowing it. The better you are at negotiation the greater impact you will see […]
Good tenants are the backbone for any successful rental property. You can have the best property in a great location but if your tenants are poor it won’t make a difference. In many cases the better you are as a landlord the better your tenants will be. There are several little things that you can […]
This is an incredible time for investing in real estate and locking into passive income and long term wealth building by acquiring rental properties. However, while cash flow spreads may be fatter than ever and we appear to be on the verge of an extended period of equity growth it is those sneaky, unexpected expenses […]
A healthy real estate portfolio is one of the keys to true long-term wealth. Even a sole single-family rental can completely change your financial outlook. As much as you may see the upside with a rental, there are a handful of negatives that can be difficult to ignore. There is no question that if you […]
Many are drawn to real estate investing and flipping houses for fast money, great returns and big paychecks, but there is a huge difference between making a great income and building real wealth and having wealth that can last for generations. Some people dream all their lives of winning $1 million dollars. They envision that […]
It is not enough to rely on the strength of your market to produce a sale. All across the country there are plenty of places where real estate is in high demand. Even though your market may be flooded with buyers, it doesn’t mean your property will fly off the shelf. You still need to […]
There are more rental property opportunities available today than ever before. A growing number of potential homebuyers are holding off and flooding the rental market. This has created ample demand for rental properties and in turn demand for landlords. On the surface, owning a rental property is easy. You buy a property, find some tenants […]
What home improvements require building permits? Which remodeling items do and don’t need to have permits? Why do permits even exist? How are many real estate investors sabotaging themselves by ignoring the importance of this piece of paper to their profits? Home Remodeling Projects that Require Building Permits Home improvement and renovation projects which often require […]
There are many real estate investors who are utilizing traditional lender programs. With interest rates continuing to slide this has become an increasingly viable option. As popular as lender programs are not every borrower can get approved. There are still strict guidelines in place and a mountain of documentation that has to be provided. With […]
Every homeowner likes making their house unique, but it’s not always good to stand out. Sometimes what you think gives your home character will actually drive down your property value when you list your house on the market. Here are four odd threats to your sticker price you should be aware of: 1) Bigger Isn’t Always […]
As the days get shorter and the weather gets steadily colder, homeowners across the country will see their power bills increase dramatically. Heating and lighting your real estate investment through the late fall and winter can cost you thousands if you’re reckless. So don’t be! Here are a few steps you can take to help […]
What cool, yet unconventional, home additions can homeowners and real estate investors add for additional appeal to their property? Adding the right improvements can result in huge profits for any investor. Home additions and improvements are constantly a source of controversy in the real estate community. Green real estate investors and regular homeowners frequently and mistakenly […]
The foreclosure process that homeowners are finding themselves in today is incredible stressful and frightening. Many may find that they have even fewer options now than they did a few months ago. While there are always new foreclosures being filed across the country, some homeowners have been procrastinating. Some thought help would fall out of […]
How can you make the most out of your living space? With mobility on the rise and affordability getting worse, renters and home buyers are frequently finding themselves living in tighter quarters than they’d like. Whether you desperately crave to make your current space bigger, make a new home work for your large family, or to maximize […]
What are the best real estate lead generation options today? Where and how can real estate agents, investors and other related industry professionals generate more leads for buying, selling and renting properties? What are some of the little known benefits, and pitfalls of common real estate lead generation channels today? Here are 12 ways for real estate […]
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure […]
“Investment is most intelligent when most business like” – Warren Buffett If investing is better when conducted most business like, does it mean that more real estate investors ought to be investing in a more businesslike fashion? Should every real estate investor be investing as a business? What does that really mean? What does it look […]
Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]
Completing a successful real estate transaction is difficult, regardless of how experienced someone is regarding buying or selling homes. It takes several moving parts coming together at the right time to get a deal to the finish line. A handful of buyers back out of deals every day. Knowing the reasons a buyer might back […]
When you’ve decided to sell your house, one of the first questions you’ll ask is how to find buyers for your home. Depending on the location and property type, finding a buyer for a real estate transaction can range from fairly simple to downright challenging. Especially for those who have never sold a house before, […]
At face value, working with cash buyers should be simple. Unfortunately, this is not always the case, and working with cash buyers can be difficult. There are a few malpractices to look out for when working with cash buyers to save time and frustration. Over the years, many cash buyers draft terms in their offers […]
Hard to find centralized location with a short walk to the Shoppes at Parma, UH Hospital System, and Ridgewood Golf Course. Just minutes from the gym and entertainment. Over an acre of usable land perfect for kids to run and play! CLICK HERE for more information
A seller’s goal should be to find the highest offer with the strongest probability of closing. While a near asking price offer may look great after initial review, it may be full of unnecessary contingencies and red flags that may put you in a bad position as the seller. What if you knew what to look for […]
As any real estate agent knows, leads are the lifeblood to success. This is why it is no secret that a high percentage of most agents’ time is dedicated to uncovering possible leads via as many conduits as possible. That being said, all leads are not created equal. Some leads roll in thanks to expensive […]
Buying a home is an important – and exciting – decision. After all, having a place to call your own, to raise your family in, to do as you wish with no landlord to answer to are all motivating factors in starting the process. But, in addition to these emotional reasons, buying a home can […]
A lot has changed in the world of real estate over the last decade.As difficult as it may be to believe, the mortgage collapse was over ten years ago. One of the defining terms shortly after the collapse was “short sale”. There is a good chance that even if you were in real estate you […]
Business is all about generating income. You can have tons of busy work and potential deals, but unless you turn those into revenue it doesn’t make a difference. In the world of real estate being efficient with your time is a must. If you blow it on tasks that don’t move the needle you will […]
Your perception of real estate is often different from reality. From the outside you can buy any property, make some improvements and walk away with a handsome profit. The reality is that it is difficult to get good deals, make the right updates, find a buyer and close in your timeframe. Additionally, there is almost […]
The best way to build your pipeline is to increase the number of leads you generate. If you have been in real estate for some time you have probably heard that investing is a numbers game. The more leads you generate the more chances you have of turning a lead into a deal. Real estate […]
One of the most common places to find new tenants is the internet. There are more rental property listing sites today than ever before. In just a few clicks tenants can find a handful of rentals in their desired market, at their price point and in their timeframe. Gone are the days of relying on […]
One of the hardest things for any investor to experience is losing a deal. You may spend weeks, even months, chasing after a property only for it to fall out unexpectedly. As much as this stings, it is a part of the business. Every investor loses a tough deal or faces an unexpected setback from […]
Rental property ownership is filled with ups and downs. If you currently own residential real estate you may be faced with the most difficult period of your ownership. In addition to trying to navigate your personal financial situation, you have to worry about rent coming in from your tenants. The protection of your lease may […]
Behind any good real estate investor is a reliable contractor. Whether your business is built on flipping houses or buying investment properties, a quality contractor is essential. They will help keep your project moving in the right direction and cut off potential problems before they get too big. They will handle everything from simple maintenance […]
Even with the backdrop of a pandemic extremely present, the Real Estate world does not stop. There are many sellers who were waiting for the spring market to list their home and find a buyer. On the surface it would seem that these plans have taken a hit, but in reality they just need a […]
The starting point for any prospective deal is financing. How you plan on financing the transaction dictates just about everything else you do. Financing determines your offer price, the closing date, contract contingencies and earnest money deposited. On some deals the financing option is cut and dry. On others there are a handful of options […]
With any investment it is always wise to consider the exit strategy prior to diving in. Things may look good on paper, but reality is often a different story. As Mike Tyson famously said, “everyone has a plan until they get punched in the face.” How you want the property to go is not always […]
If you are in the real estate investing business long enough eventually you will face a business crisis. Your tenant may cause damage to a rental property, a deal maybe lost at the 11th hour or a rehab may have unexpected issues. How you act when these present themselves will not only determine the immediate problem but will […]
No two real estate investors are the same. You may have similar styles & tastes but there is always something about you and your business that makes you start at the same point but where we go from there is completely up to us. There is no sugarcoating the fact that investing is difficult at […]
In the world of real estate, you never know where your next big opportunity will come from. You may invest a certain way for years and then out of the blue be presented with something more appealing, and profitable. It is important to keep an open mind and be willing to at least explore every […]
The real estate investing business is all about consistency. You want to get to the point where you have consistency in team building, networking, lead generation and every aspect of your business. If you’re consistent in these areas, things have a way of falling in place. Every investor wants the opportunity to do more deals. […]
Everybody is on the hunt for the perfect investment. We want minimal risk, high returns and easy management. What we don’t realize is that those are hard to come by. Instead of constantly searching for the perfect investment you should look for something more easily attainable. A rental property is undoubtedly the best long-term investment currently […]
You can do everything right on six consecutive deals but if you are sloppy with the due diligence on the seventh, the consequences could be severe. As basic as it sounds, it is important to always keep the flow of profits moving in the right direction. Making a small profit on a deal is always […]
It is important to recognize that real estate investing is a business. Like any other business there are systems, policies and procedures that must be followed. The biggest problem most new investors have is organization. Even if you only invest part time you need to stay on top of everything you are doing. Not only […]
Anyone can rehab a property, but not everyone will be successful at it. From the outside it would appear that all you need to do is buy a property, throw some money at it and wait for offers to pour in. If you have ever flipped a house before you know that this is not […]
An important piece of the real estate puzzle hinges on building a strong team. This is why in addition to our network of agents, lenders, attorneys, and brokers, we are always on the lookout for great contractors to partner with. Below is some more insight on what we are looking for along with a number […]
If you are a real estate investor looking to purchase wholesale properties or partner on joint venture projects, look no further. Our team has the experience, know-how, and infrastructure to offer you opportunities in your real estate investment endeavors. No matter if you are looking for a rehab project to work on or you are […]
Are you ready to run your own business? It should not be lost on you that as a real estate investor you are the CEO, CFO, President and Principal of your business. You are directly involved in every decision you make, every property you pursue and every partnership you are involved in. Your ability to […]
Homeowners find themselves in the position of having to sell their home fast for any number of reasons. For example, there are times when family obligations require you to move out of state with little warning. Maybe a job relocation takes you to a new area. Or a personal situation has arisen, putting homeowners on […]
There are dozens of ways to run a business. What makes real estate investing so appealing are the limitless options of getting from point A to point B. With the right mindset and a little bit of good fortune you can go from part time investor to having more deals than you can handle in […]
There are many pieces to a successful real estate transaction. You need a good property, the right price, proper vision and most importantly, financing. Without capital to put your plan in motion, nothing else matters. Fortunately, there are more financing options today than ever before. No longer do you need to solely rely on traditional […]
From the outside, flipping a house looks easy. If you watch one of the many programs on rehabbing and flipping it makes it look like every property is a winner. The reality is that if you don’t know what you are doing you can, and will, be disappointed in your results. This is the part […]
There are several key factors that go into a successful house flip. For starters, you need to get the property at a price that works for you. Overpaying on the way in will put you behind the eight ball throughout the process. Next, you assemble the right team and do the right work, all while staying […]
There are two sides to every debate. For some reason, the world of real estate investing is full of debates. One of the more common debates is whether to hire a dedicated property manager. In a perfect world, every landlord would have someone to run their property. As much as there is a definite benefit, […]
At some point in every real estate investors career they will entertain the thought of working with a partner. In some cases, the right partner will be the best thing you can do, greatly accelerating your business growth. In other scenarios, you will almost instantly regret the partnership and look for ways to get out of […]
There are more rental property opportunities available today than ever before. A growing number of potential homebuyers are holding off and flooding the rental market. This has created ample demand for rental properties and in turn demand for landlords. On the surface, owning a rental property is easy. You buy a property, find some tenants […]
It is hard to believe that 2020 is just a few weeks away. It seems like only yesterday we were in the middle of spring and starting to think about summer. The reality is that the clock doesn’t stop, and the calendar often moves quicker than we would like. If you are like most people […]
One of the most popular questions in the real estate community is “how do I get started?” Every day there is a new investor out there looking to enter the wonderful world of real estate but doesn’t quite know how to do it. If you are fresh out of college or looking for your first […]
The strength of your investing business is in the people you surround yourself with. You can have access to capital and a good plan on putting it to use, but if your team is poor, ultimately you will suffer. The importance of your team is magnified as you are just starting out. You are pulled […]
Every investor has a stretch where nothing goes right. They struggle getting offers accepted, deals fall through, and they can’t come up with new ways of generating business. It is during these periods where your mettle is tested, and your business is defined. It is essential to dig in and work even harder to come […]
Every successful investor has a core of people around them. Whether you close a deal a month or a deal a year there are a handful of team members essential to your success. How you work with them will often influence just how strong your business is. There is a fine line in any business between giving […]
One of the great things about investing in real estate is that you don’t need your own funds to get started. Sure, having disposable money is nice but it is far from a necessity. That coupled with the fact that there are more capital options available than ever before makes this a great time to be […]
Getting a good deal on a rehab property is not enough to ensure a profit. If you buy in the wrong market it truly won’t matter how low your offer is. Prior to making an offer, or even exploring a property, there are a handful of key items you need to do your homework on. If these […]
On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There are always […]
Finding deals is one thing, funding them is another. There are a handful of ways you can fund your next purchase. While all the exotic stated income and 100% loan products are long gone, there are other options available. Some require some upfront capital, but most of them require nothing more than a plan in place […]
In the world of real estate investing you are only as good as the number of leads you work on. It is not a stretch to say that everything in your business revolves around your ability to generate leads. The more leads you work on the more likely you will be able to turn a […]
Everyone in business makes mistakes. When you are self-employed your mistakes tend to sting a little bit more. Instead of explaining yourself to a boss, there is nobody to blame but yourself. Under the right circumstances a mistake can be used as a learning experience. However, if you continue to make the same mistake again […]
As a house flipper your job isn’t over until the property is sold. You can do great rehab work but until you are at the closing table there is still more to be done. Every day that you own the property you are on the hook for the carrying costs and other expenses. It is […]
Most investors understand the benefit of a quality rental property. However, as popular as single-family rentals are there is always hesitation making the leap to multifamily rentals. The reality is that in many ways multifamily properties are much safer and offer a higher return than a single-family property. Furthermore, with additional rents coming in there […]
One of the major components in a successful house flip is properly estimating your after-repair value. You can do great work on the property but if you are off the mark with your ARV the deal won’t be as successful as you anticipated. Experienced rehabbers understand that simply making improvements doesn’t always increase the value. […]
Every real estate investor wants to be successful. There is nobody who starts a new career thinking they will fail. However, wanting to be successful only works if you are willing to pay the price and make the necessary sacrifices. This is especially important in the world of real estate where setbacks and disappointment are […]
Investing in real estate is one of the few professions you can earn a full-time income in part time hours. You don’t need to stare at a computer screen or punch numbers for eighty hours a week to earn a living. With just a few deals a year can supplement, or in some cases even exceed, […]
There are legitimate pros and cons to almost every action you take in business. If you talk to ten people, five will be staunchly in favor of your action and the other five will have a completely different opinion. Thus is the case with property management. There is no disputing the value of a dedicated property […]
Negotiation is a direct part of almost everything you do in the world of real estate. In addition to negotiating the best possible price on every offer you make, you negotiate with your contractor, property manager and possibly even tenants without even knowing it. The better you are at negotiation the greater impact you will see […]
Good tenants are the backbone for any successful rental property. You can have the best property in a great location but if your tenants are poor it won’t make a difference. In many cases the better you are as a landlord the better your tenants will be. There are several little things that you can […]
This is an incredible time for investing in real estate and locking into passive income and long term wealth building by acquiring rental properties. However, while cash flow spreads may be fatter than ever and we appear to be on the verge of an extended period of equity growth it is those sneaky, unexpected expenses […]
A healthy real estate portfolio is one of the keys to true long-term wealth. Even a sole single-family rental can completely change your financial outlook. As much as you may see the upside with a rental, there are a handful of negatives that can be difficult to ignore. There is no question that if you […]
Many are drawn to real estate investing and flipping houses for fast money, great returns and big paychecks, but there is a huge difference between making a great income and building real wealth and having wealth that can last for generations. Some people dream all their lives of winning $1 million dollars. They envision that […]
It is not enough to rely on the strength of your market to produce a sale. All across the country there are plenty of places where real estate is in high demand. Even though your market may be flooded with buyers, it doesn’t mean your property will fly off the shelf. You still need to […]
There are more rental property opportunities available today than ever before. A growing number of potential homebuyers are holding off and flooding the rental market. This has created ample demand for rental properties and in turn demand for landlords. On the surface, owning a rental property is easy. You buy a property, find some tenants […]
What home improvements require building permits? Which remodeling items do and don’t need to have permits? Why do permits even exist? How are many real estate investors sabotaging themselves by ignoring the importance of this piece of paper to their profits? Home Remodeling Projects that Require Building Permits Home improvement and renovation projects which often require […]
There are many real estate investors who are utilizing traditional lender programs. With interest rates continuing to slide this has become an increasingly viable option. As popular as lender programs are not every borrower can get approved. There are still strict guidelines in place and a mountain of documentation that has to be provided. With […]
Every homeowner likes making their house unique, but it’s not always good to stand out. Sometimes what you think gives your home character will actually drive down your property value when you list your house on the market. Here are four odd threats to your sticker price you should be aware of: 1) Bigger Isn’t Always […]
As the days get shorter and the weather gets steadily colder, homeowners across the country will see their power bills increase dramatically. Heating and lighting your real estate investment through the late fall and winter can cost you thousands if you’re reckless. So don’t be! Here are a few steps you can take to help […]
What cool, yet unconventional, home additions can homeowners and real estate investors add for additional appeal to their property? Adding the right improvements can result in huge profits for any investor. Home additions and improvements are constantly a source of controversy in the real estate community. Green real estate investors and regular homeowners frequently and mistakenly […]
The foreclosure process that homeowners are finding themselves in today is incredible stressful and frightening. Many may find that they have even fewer options now than they did a few months ago. While there are always new foreclosures being filed across the country, some homeowners have been procrastinating. Some thought help would fall out of […]
How can you make the most out of your living space? With mobility on the rise and affordability getting worse, renters and home buyers are frequently finding themselves living in tighter quarters than they’d like. Whether you desperately crave to make your current space bigger, make a new home work for your large family, or to maximize […]
What are the best real estate lead generation options today? Where and how can real estate agents, investors and other related industry professionals generate more leads for buying, selling and renting properties? What are some of the little known benefits, and pitfalls of common real estate lead generation channels today? Here are 12 ways for real estate […]
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure […]
“Investment is most intelligent when most business like” – Warren Buffett If investing is better when conducted most business like, does it mean that more real estate investors ought to be investing in a more businesslike fashion? Should every real estate investor be investing as a business? What does that really mean? What does it look […]
Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]