A quality real estate agent can be one of the most important members of your investing team. That being said; you have to treat them as a professional. They are an important part of your team that needs to be taken care of. Unfortunately, too many investors think that their realtor works exclusively on their […]
We have reached the point in the year where any changes and ideas you want implemented should be well under way. One of the most popular methods for generating new business often comes from direct mailing. If you think that you can have success with any list, you may be very disappointed with the results. […]
There are many ways to be a successful investor. Between assigning contracts as a wholesaler and flipping properties, there is a niche for anyone with a strong work ethic. More often than not, the types of deals you pursue depends on when you want to see a return on your money. Flipping properties and focusing […]
If you are looking to finance your investment purchases, you need to see exactly what you are approved for. Very few, if any, realtors will show you listings without a prequalification letter in hand. That said, you need to reach out to a lender to run a credit check and a quick application. Who you […]
Having rental properties in your portfolio can be a great way to make money, but it can also be the source of great frustration if you are not careful. Contrary to popular belief, not every rental property will be a money maker. Not only do you need to find the right property, you need do […]
Each deal you get involved in presents a new set of challenges. As any experienced investor will tell you; how you want the property to go may not be what actually ends up happening. This is why it is important that you have a backup plan and exit strategy with every deal. This is even […]
For many investors, the start of their real estate portfolio begins with a single-family purchase. The prevailing thought is that single-family purchases are both easier and safer than any multifamily purchase. Any additional units are often seen as overwhelming and a source for much more work maintaining and managing the property. In reality, the extra […]
One of the biggest mistakes that many investors make is not looking at their business like a business. Instead of looking at how you can purchase the next property, you need to look at the bigger picture. Every lead you generate and dollar you spend will impact something else you do in your business. If […]
If you watch one of the many home flipping shows on TV, you would think that flipping a home is easy. The reality (no pun intended) is that it is much harder than it may appear. There are issues almost every step of the way that can derail even the most seemingly simple rehab. Almost […]
In theory, owning a rental property should be a seamless process of collecting rent every month. Anyone that has ever owned rental property before knows that this is not always the case. As much as we try to find the best tenants; even good tenants can have unexpected issues any month. Instead of throwing a […]