There is Still Time to Set Realistic Goals for this Year

So, you set resolutions and goals for your real estate business last January, but maybe you didn’t achieve them all?  Maybe your goals just weren’t realistic or specific enough. When I ask people, I usually hear things that are vague, like “I’m going to tear it up this year”, or unrealistic goals like, “I’m going […]

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Land Trust with LLC as Beneficiary

Using a Land trust with LLC as beneficiary is a powerful combination for landlords and real estate investors. Many landlords title properties in an LLC for protection.  While this may provide liability protection for the owner, it does not afford any privacy.  If you look up the LLC online at the Secretary of State website, […]

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10 Things You Can Do for Your Real Estate Business Before End of Year

Don’t slack, there’s plenty to get done before the end of the month! 1. Clean up your Quickbooks. Make sure everything is entered correctly and reports print accurately. Hire a bookkeeper if you need help or try realestatetaxlaw.com for good Qbooks tools for real estate investors. 2. Corporate Records in Order. You need an annual meeting of […]

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Personal Property Trusts

If you have been reading my articles, you are probably familiar with the concept of creating and using land trusts for privacy and protection of your real estate. However, what about your ownership of notes, mortgages, deeds of trust, leases and options that may appear on public record? What about cars, boats, mobile homes and other items […]

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Do I Need to Hire a Property Manager?

Let’s say through savvy investing, you have managed to accumulate a portfolio of properties.  It doesn’t matter if it’s a large or small portfolio. You may have even tried to self- manage them yourself.  Now as you procure more properties you may find you may not be as organized as you once thought and find […]

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What are Your Financial Resources for Real Estate Investing?

When you attended your first real estate event, it was probably expressed to you that you don’t need a ton of money to begin investing; and that is true. However, having even a bit of money can help speed up the process quite a bit. It is also true that properties can be bought with […]

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Marketing to Find Motivated Sellers

Marketing to find motivated sellers is the lifeblood of your business. Marketing can be compared to oxygen to the human body-it’s essential for your body’s life, and marketing is essential for the life of your business. It doesn’t matter how much knowledge you have, without marketing in one shape or form, you will have no […]

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Curb Appeal 101

They say that 1st impressions are lasting impressions. By improving a house exterior you can attract buyers to look inside, where hopefully you have also done other great improvements! Exterior improvements can add not only curb appeal but can add to your bottom line by commanding a higher selling price on the property and a […]

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A House Is its Own Best “Comp”

An appraisal is a certification by a licensed professional that a house is worth a certain amount based on comparable sales. It is, however, an opinion of value based on one person’s analysis and experience. The actual “market value” is the amount a buyer is willing to pay and for which a seller is willing […]

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Equity Sharing & Partnerships

If you are low on cash or have cash and are low on time, a partnership or equity-sharing arrangement may be for you.  Using partners to finance real estate transactions is the classic form of using “OPM” (other people’s money).  Experienced investors are always willing to put up money to be a partner in a […]

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