Tag Archives for " mentoring "

7 Things that Landlords Would like their Tenants to Know

Lease Options

As landlords, we deal with our renters day in and day out. Some are easier to deal with than others and admittedly some of us are better communicators that other investment property owners. I wrote this article, not just for tenants but for those of you that own rental properties. This article is really pointed […]

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All About Lien Waivers

An investor recently said to me, “I am nearing the end of a five-month rehab that was a nightmare. I never used partial lien waivers, but I still owe a big fat final check. Should I and could I get a final lien waiver”? I said “absolutely.” Many investors have said, “Well if I didn’t […]

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Master Lease Option for Apartment Building Strategy

Why buy an apartment building when you can RENT one?  If you are buying an apartment building with the intent of improving and flipping it within a few years, the Master Lease Option for Apartment Building Strategy may be the way to go.  Instead of going under contract, raising the down payment through syndication, and […]

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“Cutting Your Losses Early…Know When it’s Time to Bail on a Bad Deal”

When your primary plan of action doesn’t work, you need to have a backup strategy. This may involve switching gears from a retail sale to a rental or rent-to-own deal. It may also involve dropping your price, dropping your rent, or, if you are lucky enough to realize your mistake early, walking away from an […]

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How to Be an Ethical Real Estate Investor

(You Don’t Have to be a Slimeball to Get Rich!)Many people have a very 19th-century view of real estate investors. They think that we are modern-day “robber barons” who prey upon distressed or ignorant people, take advantage of them, and laugh all the way to the bank. The truly sad thing is that some real […]

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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 […]

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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 shareholders and […]

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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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Building a Real Estate Team by William Bronchick

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. […]

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Dispelling myths of real estate investing

Are high-profit real estate deals only for the wealthy? Is it possible to buy with no money down? Do you really have to know the “right” people? Let’s answer by looking at some of the myths of real estate. 1. The good real estate deals are reserved for the wealthy. Of course money helps, but […]

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