You may be paying too much in property taxes. Property taxes are based on an appraisal the tax assessor provides on every piece of real property in its jurisdiction. The higher your tax appraisal is, the more your property taxes will be. Too often, in political circles, the focus is on tax rates. When it comes to property taxes, there are two parts to the equation; tax rate AND tax appraisal. The quieter, less politically disruptive approach to raising property taxes is to raise tax … [Read more...]
WORST Way to Invest in Real Estate
You're about to discover the WORST Way to invest in real estate. Rather than focus on what to do, you'll going to learn what NOT to do. Oftentimes, bad real estate deals turn into fabulous learning lessons. For example, if you bought properties the traditional way in the mid 2000s, you may have discovered that real property doesn't always go up in value. But even better is when you don't have to go through the heartache and trouble yourself. Instead, by observing the mistakes of others, … [Read more...]
Goal Setting for Real Estate Investors
Goal setting for real estate investors is critical for achieving what you hope to accomplish in real estate. Several studies have proven the effectiveness of goal setting. When you have your destination in mind, you're just, flat out, far more likely to actually get there. But are you setting goals correctly? And if you are setting goals, is there anything you're missing that could take you to the next level? What you're about to discover is how real estate investors should set … [Read more...]
5 Ways to Save on Real Estate Investment Taxes
There are many different ways to save on real estate investment taxes. Rather than bog you down with the minutiae of tax savings tips such as keeping track of gas mileage for every trip to see a property, you're going get the most powerful, most effective 5 ways for real estate investors to reduce their tax liabilities. And sorry, you're not going to be given any creative deductions like writing off cruises to the Caribbean or setting up offshore accounts in tax sheltering countries. The … [Read more...]
IRA Real Estate Investing
IRA real estate investing is a great way for people to invest in real estate in their retirement account. Have you ever heard of buying real estate in your IRA or 401K? If not, you're going to be pleasantly surprised to discover that you have more retirement investment choices besides mutual funds and real estate can be a great place to grow your nest egg. If you already have some knowledge of investing in real estate in your IRA, hopefully you're opened minded because you're about to discover … [Read more...]
Hidden Way to Reduce Closing Costs
Would you like to know a hidden way to reduce closing costs? More specifically, how about a quick tip to save hundreds on one of the largest closing costs on a closing statement? I am referring to title insurance. Nearly every buyer of real estate requires a title insurance policy. As a real estate investor, in some cases, you are buying the property and pay for title insurance as the buyer. In other deals, you are selling the property and the buyer may require you to pay for their title … [Read more...]
ePartner® Real Estate Software
ePartner® Real Estate Software was developed for real estate investors by real estate investors. It is a very powerful tool for creative real estate investors. Watch the video below to learn more about many of the powerful features and benefits of ePartner® real estate software: ePartner® Real Estate Software - Personal Edition ePartner® Personal Edition is the most powerful real estate deal making automation software available. ePartner® helps you locate your deals, market your … [Read more...]
Should Real Estate Investors Join the Better Business Bureau?
Should real estate investors join the Better Business Bureau (BBB)? It depends. Are you a creative or traditional investor? Traditional investors don't need to join the BBB because either they use real estate agents or auctions to source their deals and are usually paying all cash for properties with no creative terms. However, creative real estate investors work directly with sellers to structure unique terms such as subject to financing, owner financing or lease purchase optioning. … [Read more...]
Determining Property Value the Right Way
Determining property value the right way is a skill that is helpful for any owner of real estate, but it is particularly crucial for real estate investors because if you determine a property's value incorrectly, you can make a huge investing mistake! For anyone who is, or is thinking about becoming, a real estate investor, having the ability to correctly determine property values is as vital to your success as any other skill you can acquire. And too often, real estate investors value … [Read more...]
Real Estate Truth vs Fiction
Real estate truth can be difficult to find amidst all the fiction. In his fantastic book, "The Signal and the Noise", author Nate Silver so accurately points out that in this information age, the large and growing amount of inaccurate advice (noise) can drowned out the truth (signal). At local REIA club meetings and in online forums, real estate truth is being smothered by the loud noise of bad advice. And perhaps the most dangerous part about it, is that the fiction is coming from very … [Read more...]
Should Real Estate Investors Get a Real Estate License?
"Should Real Estate Investors Get a Real Estate License?" is a question that comes up quite a bit. You're about to discover where it makes sense as well as where it doesn't make sense to get your license if you are also investing in real estate. The most important fact to start with is that me, as well as most successful real estate investors in this country, are licensed real estate agents. There must be a reason why that is the case. And there is, which we will get into. But you'll … [Read more...]
The Biggest House Flipping Mistake
The biggest house flipping mistake most real estate investors make is so simple to avoid, yet so devastating when it happens. Experts and beginners alike fall victim to it and sadly, they rarely recognize it as a mistake at all. Instead, house flipping investors tend to blame the economy, the real estate market or just plain, bad luck when it occurs. The reality is that this mistake can effect any property owner looking to sell his/her property and it has nothing to do with outside factors like … [Read more...]
Secret to Flipping Houses
There is a hidden secret to flipping houses that only the most experienced real estate investors know anything about. You're about to discover what most people will never know about flipping houses. I never read about this in a book. I never saw it on a house flipping tv show. This game changing lesson was revealed to me through the real world of real estate. It started out as a hunch after flipping houses myself and then it became more clear to me after coaching and mentoring investors from all … [Read more...]
Magic Real Estate Investing Formula
Would you like a magic real estate investing formula that will guarantee your success? For the past decade, I have been pondering why some real estate investors become wildly successful and while others fail miserably. Does it have to do with age, ethnicity, background or financial position? Is it due to location or market conditions? Or is it about personality and previous experience in business or investing? Since I share in the profits of my student's deals, a portion of my overall personal … [Read more...]
Is Flipping Real Estate Illegal?
Is flipping real estate illegal? This is an extremely misunderstood topic among beginners and experts alike. The legality of flipping real estate is swirling with myths and half truths and although I am not an attorney, I will lay out the facts that my experiences have taught me on the subject. (Disclaimer: I am not providing legal advice in this article and for such advice on any legal related issues, always consult a qualified attorney.). If you are (or are considering becoming) a creative … [Read more...]
Protected: Real Deals
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Nine Things Successful Business Owners Do Differently
Nine Things Successful Business Owners Do Differently Whether building a $100 million dollar tech company, shopping for a killer first investment property, or selling Mary Kay out of the back of a pink car – successful business owners don’t mess around. In fact, I think it’s safe to say that, if forced to start over from scratch, the majority of successful business owners would be able to find great success again. What is it that sets successful people apart from wannabes? Why do some … [Read more...]
Is Wholesaling Real Estate Ethical?
Since wholesaling real estate involves getting a property under contract at a very low price and then, without ever making any improvements whatsoever, re-selling the property (or assigning your equitable interest) to another buyer for a higher price, then an ethical issue may exist that is rarely talked about or mentioned. It's the elephant in the room when the topic of wholesaling real estate is discussed but no one is talking about it! Usually, the more common question investors ask is, Is … [Read more...]
Creative Real Estate vs Traditional Investing
Is creative real estate right for you or should you go the traditional route? You'll discover the differences, the pros and the cons of both approaches and which one is right for you. First let's take a look at what each one looks like: With traditional real estate, an investor... Buys investment properties on the MLS. Finds deals by calling up a real estate agent. Buys foreclosures that are listed on the MLS. Buys foreclosures at the foreclosure auction sale. Buys properties … [Read more...]

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