The thought of working on multiple projects, running a team and building a portfolio is the goal for many new investors. The reality is that while these are attainable they don’t happen overnight. It takes months, even years, to build up a network and accumulate all the necessary capital. It is easy getting frustrated and […]
We all want to make more money. If you are reading this there is no question that making money, and finances, are a big part of your life. As much as you may desire money the goal isn’t just to make money but to preserve it. Anyone can close a couple of deals and generate […]
The key to any good portfolio is diversification. Regardless if you are talking about stocks or real estate the more diverse your portfolio is the stronger it will be. Over the past decade there has been a definite shift in the way people invest. If you tell someone you are a real estate investor they […]
Real estate investing is largely about solving problems. It is very rare that things will go exactly how you planned on a given transaction. If you watch any of the investing shows on TV, there is always a curveball right around the second commercial. These problems may be exaggerated for TV, but they are not […]
In a perfect world your real estate business will constantly move forward. Your goal should be to take small, incremental steps with everything you do. By keeping the business cycle going you continue to generate revenue which motivates you to work harder and strive for more. It is no secret that there is a segment […]
How you spend your money is one of the most important aspects of running a business. You can have money coming in, but unless you allocate it wisely you won’t get the return you are looking for. Everybody wants to save money whenever possible but there are times when saving isn’t always the most sensible […]
One of the neat parts in watching your favorite real estate investor on TV is how they estimate rehab costs. In what appears to be a quick stroll through the house where they pull numbers out of thin air is actually based on years of experience, and hundreds of deals. Regardless of the show, or […]
It seems like everyone is always stressed out. At the end of the day all we want to do is have a drink, relax and decompress. The main reason for our stress is not with our performance but rather trying to fit everything in an eight-hour work day. The best real estate investors understand the […]
Your credit score is a hidden factor that can greatly impact your business. Whether you currently utilize credit or not there will be times when you will need to apply for a loan or use credit for growth. Without a strong credit score you may be left with limited options. You will be forced to […]
There are risks everywhere in the world of real estate. Even the most straight forward deal can become a mess if you do not know what you are getting into. On the surface owning a rental property and generating cash flow seems simply enough. You find a quality property, in a quality neighborhood and wait […]