Boost Your Productivity in Real Estate With These iPhone Applications Being accessible 24/7 may be aggravating at times, but the evolution of the cell phone into a million-use device has created a lot of productive applications. As an iPhone user I find myself constantly searching for another app to simplify the way I conduct business and my life altogether. I came up with a list of mostly free apps that I use daily to help my real estate business and while none are specifically geared … [Read more...]
Boost Your Productivity in Real Estate With These iPhone Applications
October 18, 2012 By Leave a Comment
7 Real Estate Investing Lessons We Can Learn from Steve Jobs
October 6, 2012 By Leave a Comment
7 Real Estate Investing Lessons We Can Learn from Steve Jobs I recently read the book “Steve Jobs” by Walter Isaacson. As brilliant as Steve Jobs was, I came away from the book not with a sense of awe about the man who Steve Jobs was, but how despite his incredible success, how idiosyncratic and deeply flawed a human being he really was.Yes, he was a certifiable genius, although in some ways “certifiable” as well.Yes, we’ll never see anyone else exactly like him, although Apple’s … [Read more...]
WARNING – Real Estate Investors: Do NOT Buy this Book!
September 28, 2012 By Leave a Comment
IWARNING – Real Estate Investors: Do NOT Buy this Book! n my previous article I talked about a book that I felt was well worth the investment of money (to buy) and time (to read). I must say, it was a great decision on my part to purchase that book. It was definitely the most efficient use of my money and time. Tired of me patting myself on the back? I’m tired of it too. Time for some humble pie…It’s easy to talk about our great decisions, but I believe the most can be learned from … [Read more...]
Having Trouble Finding Real Estate Deals? Re-visit the Basics!
September 19, 2012 By Leave a Comment
Having Trouble Finding Real Estate Deals? Re-visit the Basics! I’ve been a little frustrated lately when reading online forums by some of the questions and responses being posted. The one that has frustrated me the most has been “Where are all the deals?”.To be very clear, this is a different question than “How do I find houses” or “How do I get started”. Those two questions are asked everyday by new investors trying to figure out the lay of the land and are looking for … [Read more...]
The Seven Deadly Sins of Real Estate Investing
September 9, 2012 By Leave a Comment
The Seven Deadly Sins of Real Estate Investing Have you committed one of the seven deadly sins? No, I’m not referring to gluttony, wrath, or sloth. I’m talking about the Seven Deadly Sins of Real Estate Investing. Ok, maybe they aren’t physically deadly – but they are possibly catastrophic to your business. If you are concerned about the health of your investments, make sure to steer clear from these seven sins:Buying Based On Future Value Also known as “pro forma” numbers, many … [Read more...]
Record Keeping: How to Manage and Organize Your Real Estate Investment Files
August 29, 2012 By Leave a Comment
Record Keeping: How to Manage and Organize Your Real Estate Investment Files It was about two years ago when my wife and I made an appointment to see our tax professional. In order to better prepare ourselves for the meeting, we decided to organize all the paperwork associated with our rentals the night before. Unfortunately, it wasn’t until about four hours later that we found everything we needed for the next day.It was then that I realized we didn’t have a good system in place for … [Read more...]
Real Estate Pros: It Is Time For “Business As Unusual”
August 21, 2012 By Leave a Comment
Real Estate Pros: It Is Time For “Business As Unusual” I love talking real estate! I usually get the opportunity to meet and talk to new and even experienced investors once or twice a month at different events around the country. These are always educational style events for investment groups and the room is usually full of questions about my families businesses. By far, the biggest question we get is about how we have continued to grow when it seems like so many are having … [Read more...]
Stepping Outside of Your Comfort Zone
August 20, 2012 By Leave a Comment
Stepping Outside of Your Comfort Zone I was reminded this week about just how important stepping outside your comfort zone is not only your business growth but for your personal growth. You absolutely have to do it if you are to succeed in this life. Taking on smaller challenges as they occur, will make it so much easier when something big comes along that you have to face. That might be a big challenge or even a big opportunity. Both of these will almost always require you to step outside … [Read more...]
Real Estate Networking: Cup of Coffee Persistance
August 13, 2012 By Leave a Comment
Real Estate Networking: Cup of Coffee Persistance Before I begin, ask yourself which statement you’d like to be said about you: A) “This guy/gal is persistent to the point of driving me nuts! ”B) “This guy/gal seems to be pretty lazy with their lack of initiative and motivation.”Both statements do contain a hint of negativity as no one wants to be annoying; however, if your annoying of someone is being caused by your passion for persistence, then I would argue that is … [Read more...]
An Escrow Agent’s Value to a Real Estate Professional
August 11, 2012 By Leave a Comment
An Escrow Agent’s Value to a Real Estate Professional Real Estate Agent and Real Estate Investor: If you are closing deals, this blog is a must read!An Escrow Agent or Escrow Officer works at a title company and handles the documents and monies to close a real estate transaction. Working with a solid Escrow Agent can save you thousands of dollars and hundreds of headaches over time!I am going to let 3 true stories explain why a Title or Escrow Agent is one of the biggest assets an … [Read more...]
Muscle Memory for Real Estate: Improving Your Efficiency
August 4, 2012 By Leave a Comment
Muscle Memory for Real Estate: Improving Your Efficiency According to Wikipedia, the definition of ‘muscle memory’ is as follows:Muscle memory has been used synonymously with motor learning, which is a form of procedural memory that involves consolidating a specific motor task into memory through repetition. When a movement is repeated over time, a long-term muscle memory is created for that task, eventually allowing it to be performed without conscious effort. This process decreases … [Read more...]
How Super Mario Brothers Can Make You Rich
July 29, 2012 By Leave a Comment
How Super Mario Brothers Can Make You RichDo you remember Super Mario Bros? Yes, the original Nintendo NES game where Mario speeds through eight worlds (each with four sub-worlds) in an effort to save the princess from the evil king Bowser. This game was a huge part of my life growing up and I still play it to this day. It took me weeks to beat the game the first time.The more I played, the more shortcuts I learned and better I became (remember the unlimited life hack in level three or warping … [Read more...]
Tips for Flippers on Trusting Your Professionals
July 21, 2012 By Leave a Comment
Tips for Flippers on Trusting Your ProfessionalsSo, you hire a tax professional to help you, and when he makes his recommendations, you ignore them. Is this wise?Rich Dad, Poor Dad author, Robert Kiyosaki recommends surrounding yourself with people that are trained, skilled, and better than you in a particular field. This “team effort” is what makes an average investor, businessman, or leader above average. I doubt Mr. Kiyosaki would have achieved the level of success that he now … [Read more...]
So… Your Market Sucks! 7 Indicators That Your Business Model Needs to Change
July 20, 2012 By Leave a Comment
So… Your Market Sucks! 7 Indicators That Your Business Model Needs to ChangeIn my last article, I wrote about positioning your real estate business for success and maximum profits. The key, in my opinion, is to know that what you are doing is not working.Your Market Sucks! Now What? The key is that sooner or later whatever you are doing in your market may not work and while you can continue to try to make it work, you might just find yourself working harder and getting further behind.The … [Read more...]
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