The REO market makes up 23% of sales nationwide, according to Trulia.com. Although banks are less apt to take a low-ball offer with the improving housing market, Real Estate investing with REO’s can be very profitable. On Monday I received …
Read More
A moral obligation is attached to the profession of Real Estate investing. Whether we admit it, or not, our actions have consequences which impact the people we work with. That impact can be exceptionally positive or catastrophically devastating. Continue reading
Read More
Multiple indicators point to the return of stability in the housing market. The changes present opportunity for Real Estate investors to profit on flipping. Continue reading
Read More
If you’ve been reading my articles for any period of time, you’ll know that I am a big proponent of rental properties. They can provide cash flow and build wealth. Over the years I’ve seen the good and bad of …
Read More
There are multiple indicators pointing to stabilization. While these numbers are good news for housing as a whole, they’re incredible news for investors. The market condition has provided the opportunity to build real wealth through long-term Real Estate investments. Continue reading
Read More
I read an article in one of those trashy grocery market tabloids about a new movie planned for release early next year. The story revealed an exciting plot, but didn’t ruin the ending. It’s relative to the housing market and …
Read More
The drop in household debt in the second quarter of this year contains some really great news for Real Estate investors. During the period from April through June, U.S. household debt dropped 0.5% from the previous quarter. Over time this …
Read More
My first Real Estate dollar came from wholesaling a deal. I made $30,000 on one transaction while never owning the property. Ever since that first deal I’ve been hot on wholesaling. Over the years I’ve noticed that I sell the …
Read More
There’s been a lot of chatter lately in major press sources about the pending recovery of the housing market. Everyone in the country seems to be holding their breath and crossing their fingers at any positive report related to Real …
Read More
Warren Buffett is famous for his often uncanny ability to analyze companies and invest where there’s money to be made. During the tech boom of the 1990’s he was ridiculed for staying out of wild west startups coming out of …
Read More
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 …
Read More
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. Continue reading
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. Continue reading
Read More
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.
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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. Â That was at 5:42am. After speaking with the tenant he told me that …
Read More
I always hate going to eviction court. Thankfully it’s not a place I spend a lot of my time. But last week I was forced to swallow my distaste and travel downtown to the courthouse. My business partner and I …
Read More
If you have rental properties, you probably realize that evictions are a necessary (and unwelcomed) part of being a landlord. The prime focus of an eviction is to get the dead-beat tenants out of the house. Often it can be …
Read More
The other day I got into an argument with Ian. He’s my business partner in our home buying company. Ian and I are about as harmonious as a shaved bear in a bee hive. It’s not uncommon for us to …
Read More
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 …
Read More