We all know someone who has a business that struggles to reach that next level. Maybe it’s your business. Many times this kind of struggle is simply due to the entrepreneur’s own mistakes-- mistakes that are completely avoidable.
Then there are those entrepreneurs who fall completely flat, ... Views: 1281
If you don’t get the expenses right when you are analyzing a real estate deal, you are setting yourself up to get into a bad deal.
There are three parts to due diligence for any real estate deal. The first is financial. This is because if a deal is going to die, 72% of the time it is going to ... Views: 1596
The better negotiator you are, the more deals you close. Negotiations do not start when you make an offer, negotiations start with the first contact you have with a potential seller.
I am going to lay out a technique that I learned many years ago and I’ve used since, to close over 7,000 units ... Views: 2109
Every successful business does some sort of innovation. The most successful businesses have a process for innovation. When you incorporate a process of innovation into your business, you will blow away your competition.
Before I reveal a simple formula for implementing an innovation process ... Views: 1331
Baseball season has begun. And for my hometown team, it’s been a great start to the season so far! Are you a baseball fan too? It’s America’s pastime after all—what’s not to love!
And, there is another favorite pastime in our country: making money! That’s what I love to do! Come to think of ... Views: 1374
In this article, I am going to tell you how you can make money with low rents; the two primary reasons why landlords keep their rents below market; and how you can profit handsomely because of it.
I am a value investor. What does that mean? That means I look for opportunities in the ... Views: 1647
Last month I attended a great fundraising event that a friend of mine organized. Of course, I wanted to support my friend as well as the good cause. But also, I know that networking opportunities present themselves just about everywhere. This event was no exception.
So there I was enjoying ... Views: 1435
Have you ever wondered if you have what it takes to be a successful entrepreneur? There are certain key traits that most, if not all successful entrepreneurs have in common. The good thing is, you don’t have to be born with them. You can develop these traits.
So, if after you read this list, ... Views: 1444
This is a story about one man, one woman, two weeks and a twenty-three thousand dollar profit.
When I first started investing I took real estate classes, read books and manuals, and listened to cassettes (yes cassettes… what are those?!) constantly.
I wanted to learn as much as I could and ... Views: 1473
When the going gets tough the tough need to get resourceful and this is always the case where real estate investment is concerned. We are now undergoing a correction of the real estate market that is likely to last some time and have widespread ramifications and resourcefulness is one of the ... Views: 1524
Profitability is the goal for any business pursuit and commercial real estate is no different. When you invest in a commercial property, you are essentially buying a business, one that has expenses, overhead, marketing costs, maintenance, and of course revenue to contend with. The obvious idea ... Views: 814
We hear a lot about systems for success. Whether it’s network marketing, making a fortune on the Internet, or what have you, systems are seemingly what it is all about. This begs the question: ‘What it is about a system that we find appealing?’
I think the best thing that characterizes a ... Views: 805
The idea of property management in real estate is usually surrounded by images of large apartment buildings, or a smaller management operation taking care of individual properties. What is often overlooked is how good property managers can help you make sense (and money) from investments that ... Views: 906
Investing in real estate is profitable, fun and there are times when it can be psychologically rewarding. The real reason why you are doing it though, your motivation, has a lot to do with total financial freedom and with the ability it will give you to dictate your own future away from money ... Views: 866
Most new investors, and plenty of more experienced ones too, like to stick to what – and where – they know when it comes to investing their hard-earned cash in equities. This is a natural enough reaction from people who are asked to take a risk with their investments on a daily, almost, basis. ... Views: 934
The question that makes up the title for this article is one that I get all too frequently when working with real estate investors. It’s a fair question, no doubt. After all, most real estate investors are not born into the trade, so to speak. Instead, we come from corporate America, numerous ... Views: 823
The moment you talk about making money in any real estate investment venture the thought that occurs in most investors’ mind is ‘What are the risks?”. Most people think that in order to make money in real estate you need to have a truckload of money to start off with.
If Donald Trump taught us ... Views: 748
The secret to making big money in real estate investment is syndication and I will explain why that is in a minute. First let’s focus on something important: every investment entails some risk and successful investors are great at minimising the risk not just for themselves but also for everyone ... Views: 806
Stop me if you’ve heard this one before but real estate investing, in order to pay off big, requires some play money which must be equally big.
This is the popularly accepted wisdom and it becomes the stumbling block which stops many real estate investors with the necessary drive and set of ... Views: 806
Are you looking for alternative investment options? With the volatility of today’s stock market, investors are seeking alternative investment options that can provide both current income streams and capital appreciation. One option that is capturing the attention of millions of investors is that ... Views: 898
There is a secret to successful real estate investing most successful real estate investors would not want you to find out about. I know that you have heard about so called ‘secrets’ that professionals working in their fields would not want you to know about many times before. So have I and I ... Views: 906
Commercial properties indeed represent the next level for many real estate investors and it is important to know what you are looking for, before you ever embark on this pursuit yourself. In addition to considerations like price and management, many investors shy away from commercial real estate ... Views: 909
One of the biggest differences between single family and commercial real estate, other than the obvious number of units, is the way in which the properties are valued. Residential real estate, including most single family homes, is valued almost always as a function of recent sales, or “comps”. ... Views: 844