Category Archives for Uncategorized
10 Tips on Decision Making in Your Real Estate Business
In the real estate investor’s world, and especially in the tight real estate markets that many of us are currently experiencing, it’s critical to be able to make quick, yet solid decisions. Some seem to have this gift and some don’t. If you don’t have this ability, unfortunately you may tend to lose out on deals as others […]
Continue readingAdjustable Rate Mortgages for Real Estate Investors
An adjustable rate mortgage, commonly referred to as an ARM, is a mortgage where the interest rate on the mortgage changes periodically, on a schedule, according to an index. The most common indexes used to determine the interest rates are:One-year constant maturity treasury securities (CMT)Cost of Funds Index (COFI)London Interbank Offered Rate (LIBOR)A lending institution’s […]
Continue readingRisks and Rewards of Foreclosure Investing
The great thing about real estate is that there are many different ways to invest and make money. As an exit strategy one can wholesale, rehab, buy and hold and more. To acquire properties, an investor can use conventional or private financing, cash, and partnering. An investor can be creative and utilize seller financing, such […]
Continue readingHow Much Cash Should an Investor Keep in Reserve?
As a real estate investor, cash flow is the fuel that drives our businesses. Whatever means you use to purchase properties, it still doesn’t address the number one problem that causes businesses (real estate or other) to go out of business: lack of positive cash flow. Businesses depend on positive cash flow to keep functioning […]
Continue readingPodcast Episode #17: Comps
Unsure about how to calculate a property value? You can ask a realtor or other source, but it really comes down to you! Check out my short podcast!
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Continue readingZero in on motivated sellers
When investing in real estate, you want to focus your efforts on motivated sellers. This is true especially if you are just starting out. and dealing with motivated sellers makes the process go even faster, which means cash in your pocket sooner rather than later. Motivated sellers are people who MUST sell their homes. So…what motivates […]
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The Right Entity for Your Business May Not Be What You Think!
Many people are operating a full or part-time small business and seeking to incorporate for tax reasons, professionalism, and liability protection. However, most of them are getting it wrong in choosing an entity. The popular thing to do is form an LLC (limited liability company) because it is simple and requires less formalities than a […]
Continue readingCondo 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 readingReal Estate is a Team Sport!
Real Estate is a Team Sport! Most people are content with waking up at 7:00 in the morning, slaving away at work, getting home at 7:00 at night, watching a few hours of TV, going to sleep, and doing the whole thing over again the next day. It’s pretty depressing when you think about it! […]
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