Most real estate investors are aware of the potential profit from buying government-seized properties -- homes and other types of property the government has acquired from tax cheats, drug dealers and other criminals. Because the government isn't in the business of renting or flipping ... Views: 1402
Million dollar dreams are only an illusion without the proper vehicle to attain it. If you’re a serious investor looking for a way to obtain more wealth without the hassle and risk of building your financial empire one house at a time, then apartment building investments are just the thing ... Views: 1490
Any real estate investment deal worth doing should be able to withstand a little due diligence, and commercial properties are an excellent example of this. As first introduced in previous articles, examples of due diligence you’ll want to perform for your pending deals include:
·Property ... Views: 1499
Are commercial fixer-uppers worth the time, expense and effort? My answer to that would be that the right fixer-upper with numbers that make sense can be the right strategy to use. In fact, these types of properties can be an easy way to see an instant value increase in the property but like ... Views: 1641
Any real estate investment deal worth doing should be able to withstand a little due diligence, and commercial properties are an excellent example of this. As first introduced in previous articles, examples of due diligence you’ll want to perform for your pending deals include:
·Property ... Views: 1524
There are three main reasons novice investors fail in commercial investing: inaction, being cheap, and doing deals that shouldn’t be done. I can’t tell you how many times I hear young investors tell me the reasons why they haven’t reached their goals. Well, it’s time to get out of the slump of ... Views: 1436
Financing plays a vital role in real estate investing -- and this includes buying foreclosed homes. While it's practically a mantra to "use other people's money," keep in mind different investments will usually require a different strategy. A financing option that worked wonders in one real ... Views: 1210
Successful negotiation skills are an art form and must be mastered for you to achieve your investment goals. People who put negotiations on the back burner thinking that they’ll get by or they’ll let someone else handle the deal will often find that they end up with a whole load of work without ... Views: 1244
In order to be successful in the real estate business, it is vital not only to research, but to learn and to become familiar with the current market trends. Knowing the market cycles, you as a potential buyer, can make a smart investment decision by developing a strong market strategy. This ... Views: 2028
In a previous article, I pointed out that coming up with the funding to support commercial real estate purchases may be both intimidating and even prohibitive for many real estate investors.
If this scenario rings true for you, then you might consider something a little more basic to help ... Views: 1687
There has been a tremendous amount of recent focus on the housing crunch, and the impact it has had on our economy as a whole. While many indicators point to signs of recovery in our economy, ask someone who has lost a job if they think the stock market is a good indicator of economic health. ... Views: 1533
Lead generation is a foundational activity of your commercial real estate business. Without it, you’ll fail before you even begin. Many people don’t think they have the time or the energy to find deals. I don’t care how busy people tell me they are. My response is always the same – if you ... Views: 1592
Any real estate investment deal worth doing should be able to withstand a little due diligence, and commercial properties are an excellent example of this. Examples of due diligence you’ll want to perform for your pending deals include:
·Property Inspection
·Market Analysis (values, rents, ... Views: 1562
I’m often asked about my background because many investors are curious if success is based upon some sort of pedigree or simply good luck that befalls a fortunate few. I’m happy to say that, specifics aside, you’ll probably find that my route to success is something you can indeed relate to.
In ... Views: 806
The two major issues that stop investors from pursuing commercial real estate deals are no time and no money. In my experience, I’ve started off with practically none of these resources available to me, but as I broke these barriers my investing career started to flourish and I became a ... Views: 1175
It’s rapidly approaching summer and with that comes the idea of soaking up the rays, hanging out by the pool, and other fun activities. I happen to find it also to be a good time to mention that with commercial real estate, you have a wonderful opportunity to stop playing in the shallow end of ... Views: 820
It’s a fairly well acknowledged fact that when the going is good just about anyone can make money. This is as true of real estate as any other market and when the going is good there everyone tends to think the same way: they think of the rewards more than the risks and want to get in there and ... Views: 2213
Without a doubt, one of the greatest aspects of commercial real estate is the tremendous value of the properties that are out there and available for purchase. The natural question arises, ‘What determines value?’, and that is perhaps why you’re reading this article.
The first determinant of ... Views: 863
As important as property management can be to successful ownership of commercial properties, it is also not limited to a single person or company. To what extent you view the concept of property management as a team effort can often determine your relative success as a property owner.
Let’s ... Views: 874
If you’ve been to any of my boot camps or read any of my books, one thing you’ve heard me say is “take only intelligent risks”. Sure. There’s money to be made in commercial real estate deals, but along with any business comes the potential pitfalls that you must learn to navigate yourself ... Views: 1487
In today’s increasingly competitive leasing market, it is becoming progressively more important for building managers and owners to build, and to maintain a positive status quo with their tenants. Hunting for new tenants to fill vacant spaces in your units can be timely, and costly. The time ... Views: 1639
In some previous articles, I offered to you some general tips and strategies for working with the abundant and often lucrative opportunities that exist with REO properties. In these articles, I discussed at some length the idea of generating cash for your real estate investment business. This ... Views: 1495
The first key to being successful in the area of marketing is to think positively about your abilities to buy and sell properties, and have confidence that you have the skills necessary to put successful strategies in to place to reach your goals. Remember, if your passionately believe in your ... Views: 1153
For the new real estate investor looking to break into the real estate investor market and make a name for themselves a real estate investment syndicate offers the best way forward, minimising exposure, solving the issue of cash flow and, at the same time, giving the opportunity to those who do ... Views: 1527
You have one chance to make a first impression and in this business, networking is your key to success. I talk a lot about having teams of professionals who are ready to help you accomplish your goals. I also talk about making sure that your deal pipeline is full. None of this can happen ... Views: 1368
Price the property to sell: When looking to sell a home or a property in today’s buyers market, it is important to remember that it doesn’t really matter how much you, or your realtor, think that your property is worth, it only matters how much a buyer is willing to spend when purchasing that ... Views: 1127
In a previous article, I pointed out that coming up with the funding to support commercial real estate purchases may be both intimidating and even prohibitive for many real estate investors.
If this scenario rings true for you, then you might consider something a little more basic to help ... Views: 1538
In some areas real estate is in demand, in other areas this is not the case. The key to selling real estate is buying that real estate in a desirable location or one that will become desirable soon. If the location of a property is not desirable, selling it becomes virtually impossible! It is ... Views: 1667
In a previous article, I pointed out that coming up with the funding to support commercial real estate purchases may be both intimidating and even prohibitive for many real estate investors.
If this scenario rings true for you, then you might consider something a little more basic to help ... Views: 1272
The effectiveness of your network determines the strength of your real estate investment business. I’m always on the lookout for new people to work with – new private investors, new bird dogs, and new players in the market. The way I see it, I am only as good as the weakest member of my team. ... Views: 1311
Real estate investing is much more than finding and buying property. There is more to be done once an investor completes the deal. As an investor, you might own the property for months, and more often, for years. And, by all means, you don't want another job or obligation in your life. After ... Views: 1838
In real estate, negotiation is more like art than science. Some might also consider it to be like a dance because both parties go back and forth with each other... with hopes of bringing both of them to something better, with each person achieving win-win results.
Then there are those who ... Views: 1663
Whether you are new to the real estate investment word, or a seasoned veteran like me, it is always a wise idea to take some time to re-evaluate, clean up and organize your real estate business. You will be surprised how a little spring cleaning can go a long way to improving your business and ... Views: 1580
Many real estate investors have come to me with the same concern... they know they need to take their investing to the next level so they can obtain that bigger cash flow they’ve been thinking and dreaming of... but they don’t have a clear plan on just how to do it.
If you have you been ... Views: 3694
Chances are if you are new to property investment you may be a little overwhelmed with all of the terminology that you are being faced with. After all when you were making your initial investment in your residence you don't recall hearing terms such as absorption rates.
Maybe you are thinking ... Views: 1869
We are so used to thinking that creativity is the exclusive province of writers, painters and freelance artists of all kinds that we very often overlook the fact that creativity is one of the vital elements in the real estate investor’s arsenal.
As a real estate investor you learn to rely on ... Views: 703
The question that makes up the title to this article might seem a bit confusing. After all, isn’t the business of owning apartments (large or small) about having tenants and a positive cash flow? Of course it is, and that isn’t really the point. The point is that you should not have to be ... Views: 1016
Looking at the latest information regarding the global credit crunch and the possible slowdown of the global housing market (or rather the local housing market globally) the clear thing is that the housing market is in for a rough ride and whichever way you look at it those in it will need to be ... Views: 809
You can use memory points to sell a customer on your multi-family property. Sometimes a little thing will make yours stand out from the rest. It is that small thing—that memory point—that catches in their minds and will not let them forget you.
There are things you can do to increase ... Views: 1173
Real estate agents are complaining that some homes marketed as short-sale properties are not actually short sales and they affect both the market and buyers’ expectations in them which is helping to create a muddied picture when it comes to real estate investment.
As a real estate investor who ... Views: 1076
Every profession has its secrets. It’s an unavoidable part of the way it operates. Real estate investing is no different. Those who are lucky enough to survive in it and acquire experience soon realise that there are indeed so-called secrets that basically govern the formula for successful real ... Views: 1139
Let me ask you a question. Which do you think is easier to get? One million dollars from a single person or one dollar from a million people? As a real estate investor who actually has a million dollars in the bank I might be better suited to answering this question than most and though it is ... Views: 791
I have one question I always ask management companies when interviewing them. If they don’t answer it correctly, I almost never hire them.
As you know, investing in multi-family property can create a lot of wealth in a very short period of time.
You can be paid three ways.
The first way ... Views: 1652
Those who, like myself, have been active in real estate investing for some time know that the formula for success relies on being able to work in the real estate field at more than one level.
The reason for this is that real estate, by nature, is very volatile. To rely on exactly one strategy ... Views: 792
Taking your real estate investment business to the next level means going into territory you haven't gone before to reap rewards you haven't yet obtained. I know many people who do the same types of deals they did when they first started in real estate investing. There's nothing wrong with doing ... Views: 1585
Many problems arise with a failing economy and everyone feels the crunch. These financial hardships all have their own labels to then according to the circumstance. For business it is referred to as "cutbacks", for individuals its being "tight money" and for the banks it is "toxic ... Views: 1271
Money. If you want to grow your business quickly and do more real estate deals, it is going to take money. And if you plan on growing quickly, you’re going to do it by using other people’s money.
1) Go to where the money is
When asked why he robbed banks, John Dillinger said, “That is ... Views: 1284
I get this question all the time… Dave, can I do this? And my response is always the same, “Do you think you can?” But in reality, there is more to it and that’s what we are going to be talking about … Can you do this?
First, let’s talk about what “this” is. “This” is anything you are not sure ... Views: 1387
I have been investing in real estate, businesses and commodities for over 19 years now. And, I’ve been teaching people how to invest and run their business for just about 9 years.
Tens of thousands of people have received my systems, attended my events and benefited from our coaching ... Views: 1472
In our last article, we did a comparison of operating expenses vs. capital expenses. You got a good understanding of what these expenses are, where we record them and why we record them when—and just how much it matters!
Today we are going to analyze all of the different ways we call and ... Views: 1293