One of the biggest hurdles for new investors is finding ways to fund their deals. They haven’t yet established a relationship with a hard money lender and are striking out looking for a private lender. Instead of giving up hope, you may have a great resource sitting right under your nose. If you own a […]
As a successful real estate investor, you will wear many hats. One day you are running comps and scouring through the MLS. The next day you are on a project site delegating tasks and coordinating schedules. Your ability to delicately manage everything directly impacts your bottom line. There is a natural tendency in real estate […]
All real estate deals are not created equally. In fact, it is often said that no two deals are the same. Just when you think you have things figured out, the real estate business throws you a curveball. How you deal with the unexpected often defines your business. It is always easier walking away from […]
With all the various home flipping and renovating shows currently on TV it is easy to forget why you are in real estate in the first place. The goal of any investment is to realize a return on your capital. This sounds obvious, but it can get lost during a busy rehab or flip deal. […]
Good tenants are the key to any successful rental property. All the new appliances, updates and additions won’t matter if your tenant stops paying. In most cases, the work you put in finding the right tenant is more important than anything you will do after the fact. Once a tenant commits you are on the […]
In real estate, and in life, connections matter. The most successful investors have spent years cultivating relationships they use every day. It is not a stretch to say that the more people you know, the better your business will be. If you are just finding your way in real estate, it can be uncomfortable and […]
We live in a now society. With the increase in technology we can find out almost anything within seconds. As much as this can be a benefit, it can also work to our detriment at times. We no longer have the patience to build a business or wait for the right time to start something […]
Investing in real estate is a different kind of business. You work for yourself, but never by yourself. The best investors surround themselves with the best possible team. If you watch any of the investing shows on TV, you see a common pattern. The investors usually work with the same people all the time. This […]
Real estate investing can be done virtually anywhere. You don’t need to be restricted to properties you can drive bye to be successful. Sure, it is much easier finding properties and building your team within your primary investing market, but there are other options available. There are many out of area, even out of state, […]
In the world of real estate investing things often don’t go the way you plan. In fact, having a project free of any trouble is the exception rather than the norm. How you handle the unexpected often determines your success or failure. This is especially the case if you focus on flips and rehabs. As […]