Category Archives for General and Business Advice

Mitigating Your Risks in Real Estate With Education

Going Full Time in Real Estate Investing

Education has been the key to majority of the successes in any kind of business. It is paramount to a decrease in an endeavor’s risk most especially if it concerns real estate investing. Because investing on properties is somewhat regarded to as a risky undertaking specifically for amateurs and for those who don’t seem to […]

Continue reading

Condo Insurance Quick Tip

Keep in mind that your insurance on a condo that is pulled through the HOA dues does NOT cover your interior or liability.  So, for example, if your hot water heater breaks and leaks into the neighbor, your HOA insurance will NOT cover it!  You need a separate policy to cover the interior and for […]

Continue reading

Real Estate Investing – It’s Foundation

Before you even consider entering the real estate industry, you should know of its foundation. Real estate investing has no room for investors with very little knowledge of the different processes involved in the business. Many have failed and if you don’t want your fate to be the same as theirs, you should start learning […]

Continue reading

Building a Real Estate Team

I didn’t understand the concept of a real estate team at first, so I had a hard time with real estate investment. I tended to be a “lone wolf,” trying to do too much myself. I have since learned that in real estate, you need a team of people you can trust and rely on. […]

Continue reading

LLC Taxed as S Corporation

Should You Convert YourSingle Member LLC to an S corp? The LLC taxed as S corporation – good idea or bad? By default, a single-member LLC is classified for tax purposes as a “disregarded” entity, that is, the entity is ignored by the IRS and the sole member is the taxpayer. Thus, an individual as […]

Continue reading

Beginner’s Guide: Scams to Avoid in Real Estate Investing by William Bronchick

For beginners, real estate investing is never a walk in the park. It has a lot of risks. There are numerous companies that sell property investments for novices but the question would strike you with the trust that they impose. This is a beginner’s investment guide for one to realize the things that he or […]

Continue reading

Basics of the Real Estate Contract

The real estate contract is the most often used, yet little-understood tool in the real estate business. Whether you are a rank beginner or seasoned expert, there is no excuse for not knowing and understanding the real estate contract. Real estate contracts are based on common law contract principles, so it is important that you […]

Continue reading

12 Tips on Setting your financial goals Part Two

I bet you wrote down your goals on January 1st this year.  Is that all?  Did you re-think them this month and write it down again?  If you don’t know what your goals are, how are you going to measure whether you’ve reached them?  And, I would bet that if you didn’t write them down […]

Continue reading

12 Tips on Setting your financial goals Part One

I bet you wrote down your goals on January 1st this year.  Is that all?  Did you re-think them this month and write it down again?  If you don’t know what your goals are, how are you going to measure whether you’ve reached them?  And, I would bet that if you didn’t write them down […]

Continue reading

Setting Realistic Goals for this Year

So, it’s that time again for setting resolutions and goals for your real estate business.  I usually hear things that are vague, like “I’m going to tear it up this year”, or unrealistic goals like, “I’m going to flip 5 houses a month!”.  So, what is realistic and doable? Set “SMART” Goals. Goals should be, SPECIFIC, […]

Continue reading
1 2 3 9