If you browse the internet or talk to fellow investors, it would appear that most every property being sold has home run potential. However, one of the easiest ways to get in trouble as an investor is to believe numbers generated by sellers without doing your own research. Upon closer inspection, a seller’s numbers may […]
Most new investors get their start by investing in single-family homes. In most cases, they try to quickly flip these properties. However, the right circumstances should allow them to rent the property out. Over the past few years, there has been a surge in the popularity of single-family rentals. In that time, there has been […]
Every new lead you get is a new opportunity to make money. As soon as someone contacts you, either from a mailing received or from something they saw online, you are on the clock. From the initial phone call, you need to gather as much information as you can. It is not enough to simply […]
Regardless if you are wholesaling or rehabbing a property, your market efforts should start as soon as your contract is signed. The goal for any deal should be to make as much as you can in the shortest time possible. Time equals money in real estate and the longer you have to wait to find […]
Regardless of how successful you are investing by yourself, there will come a time when partnering up on deals works in your favor. The scenario could also come on the flip-side, where you have a deal, but for a variety of reasons, you may need to find a partner to get the deal to closing. […]
It is no secret that the real estate market is in the midst of a prolonged recovery, as home values are slowly rising and sales are picking up. The question remains; what will it take to accelerate the speed and growth of the market rebound? Many analysts say that the market will never fully recover, […]
In a perfect world, we would all begin our investing careers with a nest egg to facilitate future purchases. Unfortunately, we don’t live in a perfect world. One of the biggest obstacles for new investors is finding financing. Your deals start and end with the financing. You can do everything else right, but if you […]
Since the government took over Fannie Mae & Freddie Mac a few years back, it has seen a rise in loan applications and closings. Recently announced changes in lending guidelines and programs would appear to be putting an end to that at some point early next year. With nearly two thirds of all loans closed […]
Breaking down your credit score is similar to understanding the mystery of the mortgage approval process. The basics seem easy enough, but it is much more complicated than initially thought. With mortgage approval, if you have a good credit score, a low debt-to-income ratio and a significant down payment, you would think you have a […]
As perhaps the biggest reason new businesses fail; they attempt to please everyone. Instead of finding a niche and narrowing their focus, they get caught up in trying new things and being mediocre across the board. Investing in real estate is no different. There are so many different paths and ways to make money as […]