There is a line from the movie “Rounders” that states we rarely remember our winning poker hands, but we can cite with incredibly accuracy the big ones we have lost. The same can be said for the world of real estate investing. For every success story it is easy focusing on the ones about the […]
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4 Things You Should Do If Your Tenant Is Late
No landlord ever thinks their tenant is going to default. Eventually at some point in every residential, commercial or industrial lease this is often the case. When it happens how you handle it can make all the difference. An eviction can engulf your business, and your life, for months on end. Not only it is a […]
5 Reasons Your Property May Not Be Selling (& How To Fix it)
It is not enough to rely on the strength of your market to produce a sale. All across the country there are plenty of places where real estate is in high demand. Even though your market may be flooded with buyers, it doesn’t mean your property will fly off the shelf. You still need to […]
A Beginners Guide For Evaluating Any Deal
So you want to buy an investment property. After months of circling around the business you have finally decided that the time is now. The only problem is that you aren’t exactly sure where to begin. As you start your property search there are a few critical areas of evaluation you need to focus on. These four […]
How To Turn Every Deal Into A Learning Experience
Real estate investing is a numbers game for a reason. Regardless of how well run your business is, deals will fall out from time to time. The more deals you have in the pipeline the easier it is to withstand the occasional lost deal. What can never happen is making the same mistake twice. Anyone […]
Be A Better Landlord And Run A Better Property
To run an efficient rental property you need to be a good landlord. There are many rental property owners who do not have the residual cash flow to hire a dedicated property manager. This puts them in the front lines with all of their tenants. Instead of treating it as a job you should think about […]
When Is It Time To Hire A Virtual Assistant?
If you own a business, you know how important it is to keep an eye on the bottom line. In fact, almost everything you do should have some consideration of how it will impact your expenses. As important as it is to save money and find ways to lower costs, you also need to pick […]
5 Rules To Buying Great Properties
To be a great real estate investor you need to follow rules. The rules you create will help guide you in everything you do. Without rules it is easy to jump at every new property that hits the market. Without a set of defined rules you can end up with properties that aren’t really profitable. […]
5 Characteristics That Separate The Good From The Great
The reality of the real estate investing business is that for every new investor that knocks it out of the park there are five others that struggle getting off the ground. Even though they all start on a level playing field some manage to find deals just a little quicker. The longer you are in […]
Avoid These Common Rehabbing Mistakes
Pulling off a successful rehab project is a lot more difficult than most investors imagine. You need to find the perfect mix of the right property coupled with the right improvements. All the while you need to keep an eye on the budget and deliver quality work. When everything works there are plenty of profits […]