Are Self-Directed IRAs the Best Kept Investment Secret?

There are any number of reasons why your investment advisor or broker hasn’t talked to you about a self-directed IRA. It could be they are afraid of losing your business, or it could simply be that they aren’t familiar with them. Whatever the reason, you should know all of the investment options optional for your […]

Owner Financing Real Estate for Colorado and Other States

There are many benefits for doing an owner-carry installment sale as opposed to conventional financing for both the buyer and seller. Sometimes the advantages inure to the benefit of one or the other, but in most cases, the transaction is “Win/Win” for both parties. All of these techniques work in my home state of Colorado, […]

Investing with Disqualified Parties in a Self Directed IRA

Your self-directed IRA is a huge tool for creating tax-free or tax-deferred wealth, but it is fraught with technical rules and potentially deadly pitfalls.  One of those pitfalls is doing transactions with parties that are “disqualified”, namely spouses and lineal ascendants and descendants (parents, kids, etc).   Thus, you can’t borrow from your mother’s IRA […]

How to Evaluate a Wholesale Deal

So, you are new to real estate and have attended a few seminars. You have even done some networking through some local REIAs (Real Estate Investors Associations). You have started building your team and have some real estate agents, hard money lenders, contractors and more at your disposal.  You even have some of your own […]

Considering a Partner in Business? Here are a Few Tips…

There are many advantages to partnerships. Smart use of a partnership may allow you to do more deals from a financial and time standpoint. It also spreads out risk and liability. Its part of the “Two heads are better than one” or ‘There is safety in numbers” theories. However, approach a partnership with caution and […]

The Importance of Cash Flow in Business

Many businesses fail in the first few year mainly due to poor cash flow management. According to a recent survey, the number-one thing small business owners say they wish they’d have done differently was have more start up money. Even experienced companies file bankruptcy, not because they don’t have a good business model but because they […]

Do You Need a License to Wholesale Properties?

You buy a property, you wholesale it, you profit. Do you need a license to wholesale properties? In most cases, the answer is “no”. Real estate brokerage is an activity regulated by states on their own terms, thus each state defines which activities require a license. There is a lot of vagueness and ambiguity in some of the […]

Correcting Common Title Problems

When searching title, many issues may arise, most of which are usually correctable. DEATH OF AN OWNER It is common to discover along the chain of title a gap due to the death of an owner. For example, suppose a deed was granted to Bob and Mary Smith, then the title went from Mary Smith only to […]

Podcast Episode #44: Using the Internet to Get Real Estate Seller Leads

 Using the Internet to Get Real Estate Seller Leads. There is technology available to get seller leads in just about every type of business- you just have to put yourself out there and see what works for you.

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What Does Median Price Mean?

Many people are confused between average and median price.  Here’s an example to help you understand the difference. Let’s say you had seven properties in a neighborhood and they sold for the following amounts: • $87,000 • $110,000 • $112,000 • $115,000 • $118, 000 • $120,000 • $122,000 The median price of these properties […]