What to Look for When Buying Rental Properties
Be careful when buying rental property. We stayed at a motel for a week one winter when our kitchen was being redone. The bill showed twice what it should have, but since I already paid the correct amount in cash, I thought nothing of it. When we noticed that the lobby and swimming pool were […]
Continue readingWork a Farm Area for Your Investing
Work a FARM Area for Your Investing Real estate brokers generally have particular neighborhoods in which they work, rather than an entire city. Brokers refer to this as a “farm” area. You’d be wise to adopt a similar approach to your real estate investing business. The goal is to become an expert on one specific […]
Continue readingHow Would You Like to be Part of an Elite Group?
If you aren’t getting the financial results you want, it’s time to try something new. Working harder with the wrong formula won’t get you better results. Don’t work harder, work smarter! Traditional investing is hard and slow. Fortunately, there is a better way: Join my “Invitation Only” Creative Real Estate Financing group on Facebook […]
Continue readingLease/Option Tips & Strategies
Lease/Options can be fun and profitable, but there are certain pitfalls. The following are some practical, legal and tax tips I have learned from doing many lease/options deals over the years. Protecting Your Option Lease/options are great, except when the seller decides not to live up to his end of the bargain. Sure, you can […]
Continue readingHow Would You Like to be Part of an Elite Group?
If you aren’t getting the financial results you want, it’s time to try something new. Working harder with the wrong formula won’t get you better results. Don’t work harder, work smarter! Traditional investing is hard and slow. Fortunately, there is a better way: Join my “Invitation Only” Creative Real Estate Financing group on Facebook […]
Continue readingThe Recipe for Real Estate Success… Finding Motivated Sellers
The Recipe for Real Estate Success…Finding Motivated SellersIn real estate there is a saying that you don’t make your money when you sell, you make your money when you buy. The name of the game is finding amazing deals and then keeping them for the long term or turning around and flipping for a handsome […]
Continue readingDetermining The Listing Price
When it comes to buying a home, most potential buyers will use the listing price to as the number one factor to determine the homes that they look at. Even though you and a realtor may determine the asking price, the buyer will determine the selling price. If the price is too high, most buyers […]
Continue readingHow Would You Like to be Part of an Elite Group?
If you aren’t getting the financial results you want, it’s time to try something new. Working harder with the wrong formula won’t get you better results. Don’t work harder, work smarter! Traditional investing is hard and slow. Fortunately, there is a better way: Join my “Invitation Only” Creative Real Estate Financing group on Facebook […]
Continue reading“Release” Yourself from Liability
People settle claims out of court all the time, and that is often the smart thing to do. But, most people forget the one simple step that is crucial to the process. This simple step, if omitted, can result in a future lawsuit against you, even if you allegedly settled the claim. Consider the act of […]
Continue reading9 Mistakes New Real Estate Investors Make
01. Not Knowing the Market Numbers Knowing your market is as important as any other factor in real estate investing. This means having a neighborhood by neighborhood analysis of the supply curve and average days on market. Both of these data formulas can be found through the assitance of a real estate broker using the MLS. 02. […]
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