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...]
Having Trouble Finding Real Estate Deals? Re-visit the Basics!
It Can Take Time to Work the Deal
It Can Take Time to Work the Deal Real estate is an exciting and interesting field to work in. Sometimes the deals quickly fall into your lap. That’s exciting! Other times the deal is not made right away. It can take months, even a year or more to get the deal worked out. That’s when it can get interesting. For example, I recently purchased two small apartment buildings which took me over a year of working with the owner to get closed. I am glad I persisted as these … [Read more...]
Real Estate Deals: Know When to Fold ‘Em!
Real Estate Deals: Know When to Fold ‘Em!I recently met with a seller at her house. This house was part of an estate and was in very bad shape. It also been many years since an updates had been done.She told me that “she knew pretty much what she was going to be able to sell the house for”. This seller tried to put on a show of confidence even though she knew the house needed a roof, kitchen, bathroom and a lot of other repairs. This house also had some mold in the drywall in the … [Read more...]
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