Why the Majority of People Fail Miserably At House Flipping The Usual DiagnosisMost people would start a post on this topic by describing how people are overwhelmed with the amount of information available on learning how to flip houses. Making heads or tails of where to start is a challenge in and of itself. Each time you think you’ve cracked the code, you realize that you’ve just discovered 20 more questions that need to be answered.I will agree that “analysis paralysis” is one of … [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...]
Are Your Real Estate Goals, Actually Goals?
September 1, 2012 By Leave a Comment
Are Your Real Estate Goals, Actually Goals? Goals.I think the first time I learned about goals was sometime in elementary school. We’ve all heard of them. We all know what they are. We all know how to set them… but do we really?I found in myself that as I grew older and got into the ‘real world’, my goal setting practices never grew with me. Instead, they stayed back in the pleasant little “I have no worry” land of elementary/middle school. The way we are taught originally … [Read more...]
A Flipper’s Best Friend? The Real Estate Wholesaler
August 24, 2012 By Leave a Comment
A Flipper’s Best Friend? The Real Estate Wholesaler If you’ve read any of my other articles, you know I’m a believer in doing whatever you can to make the most efficient use of your time; which, in return, creates the maximum amount of freedom possible (the end goal for the majority of people getting into real estate). For the flippers out there, the one “to do” item on your daily checklist that never disappears should be:Find a Wholesaler.As far as I’m concerned, a wholesaler is … [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...]
Investors: Be Careful of Misplaced Motivation!
July 20, 2012 By Leave a Comment
Investors: Be Careful of Misplaced Motivation!I’m sure many of you have heard the cliche’ saying, practice makes perfect.It’s a great saying, but sorry to say, is 100% wrong. I don’t remember where or how long ago, but I remember someone telling me that which caused the “huh?!?!” type expression on my face.This person then said, perfect practice makes perfect.After soaking it in, things finally clicked, “Ahhhhhh! That makes sense.” What benefit is the practice if you aren’t … [Read more...]
Purchasing a Real Estate Investing Guru Program? Read This First!
July 5, 2012 By Leave a Comment
Purchasing a Real Estate Investing Guru Program? Read This First!There are a lot of fantastic reasons to start investing in real estate: financial freedom, family security, supplemental income, fulfilling the entrepreneurial spirit, escaping the nine to five and more. However, it is often the salesmanship of a smooth talking “guru” that convinces someone to take action. They often promise access to a “secret” real estate investing strategy that will unlock a small fortune with very … [Read more...]
The Benefits of Teaming Up in Real Estate Investing For Partners
June 19, 2012 By Leave a Comment
The Benefits of Teaming Up in Real Estate Investing For Partners.The horror stories of business partnerships: the tale of one partner cheating the other out of his life savings, the partnership turned Ponzi-scheme with one partner in the dark about the scam, friendships ruined by a disagreement or financial losses, and families torn apart by well-intentioned business plans. Who knows how many potentially successful partnerships never happened because of fear induced by these scenarios and … [Read more...]
“Jogging” into Real Estate: Setting the Pace for Your Investing Success
May 18, 2012 By Leave a Comment
“Jogging” into Real Estate: Setting the Pace for Your Investing SuccessWhile first getting started in real estate, the issue I had to deal with most was the pace at which I moved. Move too slow and you’ll never get any momentum behind you and lose out on credibility. Move too fast and you get overextended and end up wearing a straight-jacket in a padded room. It’s a very fine line that the beginning investor must learn to toe, along with the experienced investor learning to … [Read more...]
10 Critical Steps to Take Before Investing in Real Estate
May 13, 2012 By Leave a Comment
10 Critical Steps to Take Before Investing in Real EstateAnyone who has ever invested in real estate started somewhere, from the 9-5er who owns a second home and rent it out to pay for their gym membership, to the world-famous toupee-wearer Donald Trump himself. Perhaps the most common question asked among potential real estate investors is “how do I get started” and as with most basic questions there is no simple answer.First you have the old-school, hardcore, Nike motto quoting gunslingers … [Read more...]
Getting Started in Multifamily Apartment Investing
January 12, 2012 By Leave a Comment
Getting Started in Mulitfamily Apartment InvestingI want to start investing in apartment complexes. How do I get started?”If that is a question you have asked yourself recently, you are not alone. It’s something I hear on a weekly basis from both new and experienced real estate investors. They all want to know the keys to get started in multifamily investing the right way.If done correctly, investing in multifamily apartments can be one of the most rewarding and best ways to grow your net … [Read more...]
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