Tag: "josh weidman"
Will You Accept My Apology?
This article is going to be a quick one. I’ve been crunched on time. The phones are ringing. I’m about to run out and see a bunch of properties. Before I leave, I need to offer an apology to everyone who has been reading my posts. For the last three or four weeks I have [...]
Real Estate 101: Marketing is Really What Business is About
Let’s Talk Marketing
We’re starting the part when most perk up their ears.
Some say it’s an art that’s learned over years.
Still others decry its materialistic start
as they stroll down the isles and stuff goods in their cart.
Whatever your view, I don’t honestly care.
Your business needs marketing to get it’s fair share.
So pull out your notepads and uncap those pens.
Today we’ll discuss the means to your end.
Real Estate 101: Identifying Your Target Market
There is a lot of benefit to focusing on smaller geographic areas. The practice allows you to control your marketing costs, project a bigger presence and select the type of properties that you want to buy. Targeting smaller markets also allow you to become an expert in that geographic location.
Real Estate 101: Begin at the Beginning
Fail to Plan and You Plan to Fail
How do you eat an elephant? One bite at a time. So it is with Real Estate investing. If you are new to this industry the learning curve can be big and expensive. Before you go out and blow a ton of money and time figuring out 50 different ways to structure a deal, you must first define your goal.
Cash In as a Neighborhood Expert
When I first got started in Real Estate I chased every lead I could get my hands on. It didn’t matter if the owner wanted full retail or how far I had to drive to see the house. I saw them all and made offers. I remember getting one lead in particular that I thought [...]
Apartment Buildings Offer Profit and Stability
Large commercial properties provide the opportunity for incredible profit. These properties can also be intimidating. But the high purchase prices limit competition to investor grade buyers who are going to use investor grade calculations. When properly managed, the function of scale keeps costs low and income high. But like every other type of deal, it’s [...]
Regentrification: Restoring More than Just Houses
How do you know when a tenant is lying? Their lips are moving. Being a landlord has made me a bit jaded. Many of the neighborhoods where I own and manage rental properties are not what I’d call “apple pie Americana”. On a daily basis I come in contact with a host of shifty, shady [...]
How $10k Cost Me $70,000
There are a lot of moving pieces to putting a good deal together. Proper funding can always be an issue. Whether you do 1 deal a year or 1000, there are times when cash gets tight. At Hard Money Bankers we provide exceptional access to capital to fund your real estate deals. But there are [...]
Front Loaded Efforts. Loaded Back-End Profit.
Last night after dinner my wife and I loaded up the dish washer in our new house. These past few days have been pretty hectic. It was nice to finally have some semblance of sanity after the chaos of a move. And the payoff for our efforts is very rewarding. My commute has been cut [...]
Separate the Trash from the Cash
I had an absolutely wonderful weekend. Memorial Day is one of my favorite national holidays. It’s become the unofficial start of summer. Boy do I love summer. This year the hot weather followed a ton of rainfall on the East Coast. As a result we’ve been really blessed with green grass, blue skies and enough [...]
A Success Team to Put Out Fires
Some days are better than others. This morning I got a text message from one of my tenants. The apartment building where they live was on fire. That was at 5:42am. After speaking with the tenant he told me that the fire department was on location and had contained the blaze to six of the [...]
To Wholesale or to Flip: Case Study of an Investment Property
I freakin’ love Real Estate. Days like today make me love it even more. Earlier this week I got a lead for a house. Today the property went under contract. I’m now faced with a very difficult question. Should I wholesale the contract and make $10,000 next week or complete the project myself and make [...]
What’s a Dollar Worth?
The other day I was cleaning out a work truck at my house. It was the end of a long day. That morning I had fired a long time employee who’d been driving the vehicle for the past year. It really upset me to let the guy go. But the firing was something that had [...]
2012 Real Estate Draft
Welcome to the 2012 Real Estate Draft. This year HMB drafted a Real Estate Trainer to help all of our clients make more money investing in real estate deals. Education is a crucial part of this business and that’s why we have hired a person dedicated to bringing you the best in real estate training. Watch the video to find out who it is…
