Tag Archives for " real estate team "

Food for Thought When Partnering or Joint Venturing

While everything that you have read or heard is vitally important to your success in partnerships, here are some of the takeaways that are especially critical. Don’t let fear get in the way of exploring potential partnership deals. Remember, your wealth is determined by the average sum of the five people with whom you most […]

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How to Evaluate a Property’s Value in Today’s Market

Figuring out the real value of a property can be difficult.  The comparable sales method is the most commonly used — and still the most accurate one — to determine the value of single-family homes, condominiums and smaller rental buildings (two to four units).   Start by researching information about sold properties on your local government websites for […]

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Looking for Deals? Stop Whining and Get Back to Basics!

Currently, we tend to rely on technology, a great deal. We rely on it in our personal and business lives, and it dictates much of how we live our lives nowadays. The problem is that when it comes to business we are dealing with people. The fact is that people haven’t really changed all that […]

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5 Super Tips to Successfully Wholesale Properties

Wholesaling is a simple concept, but most investors don’t succeed because they fail to educate themselves enough to pull one off.  Wholesaling is simply tying up a deal, then reselling it to another investor for a fee or profit.  But, as they say, “The devil is in the details”. Here are 5 super practical tips for […]

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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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5 Great Reasons to Use Land Trusts

Do you own real estate in your own name or an LLC?  If so, you are a sitting duck for tenant lawsuits, the IRS and code enforcement.  Whether you own in your own name or an LLC, the information is public about who’s behind the ownership of your properties, and that makes it difficult to […]

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10 Reasons Why Lease Options Make Sense in Real Estate Investing Part 2

There are literally dozens of ways to purchase a property with little or no money down. These tend to work well with real estate investors that are just starting out or the experienced investor that is reaching the limits of their available cash and/or credit. For these investors, a lease option (also known as rent […]

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Beware of the Wholesale Scam

 Every newbie investor hears that it is imperative to buy real estate “wholesale”, not retail.  The problem is, most newbies don’t know what a wholesale deal is, and there are a number of operators out there scamming newer investors with what they are representing as “wholesale” deals. Consider this a public service announcement and something […]

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Invest in Deals, Not Markets

Too many novice investors try to time the market and ride the waves of market appreciation. Certainly buying and selling at the perfect time (when the market peaks, for example) is the easiest and most lucrative way to invest in real estate. It’s also the riskiest because few people have enough foresight to figure out […]

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How to Create a Real Estate Business Plan

Any major endeavor worth doing right requires some sort of organized plan. Starting a business and getting it off on the right foot is no different. It’s amazing to me that most folks that are starting a business spend more time planning a 1-week vacation that they do laying out the steps of a business […]

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