As any real estate agent knows, leads are the lifeblood to success. This is why it is no secret that a high percentage of most agents’ time is dedicated to uncovering possible leads via as many conduits as possible. That being said, all leads are not created equal. Some leads roll in thanks to expensive […]
Buying a home is an important – and exciting – decision. After all, having a place to call your own, to raise your family in, to do as you wish with no landlord to answer to are all motivating factors in starting the process. But, in addition to these emotional reasons, buying a home can […]
Completing a successful Real Estate Transaction is difficult. It takes several moving parts coming together at the right time to get a deal to the finish line. Even when you have a signed contract you still need the inspection, appraisal, insurance and closing to go off without a hitch. All it takes is one person […]
In a typical listing agreement, instructions are defined in writing for how both Listing Agent and Buyer’s Agent receive their commission at the Close of Escrow. Industry Standard suggest the Listing Agent receives about 3.5% in a normal transaction while the Buyer’s Agent receives about 2.5%. Does that mean the seller or the buyer pays […]
All offers are not created equally. It cannot be stated enough just how important it is to choose the right offer, not just the one with the highest price. The right offer is one that actually closes and allows you to move on from the transaction. The wrong offer has an unexpected problem at the […]
A seller’s goal should be to find the highest offer with the strongest probability of closing. While a near asking price offer may look great after initial review, it may be full of unnecessary contingencies and red flags that may put you in a bad position as the seller. What if you knew what to look for […]
Rental property ownership is filled with ups and downs. If you currently own residential real estate you may be faced with the most difficult period of your ownership. In addition to trying to navigate your personal financial situation, you have to worry about rent coming in from your tenants. The protection of your lease may […]
As financially damaging as the mortgage collapse of 2009 was, it wasn’t nearly as widespread as what we are currently facing. There are many people in various sectors who are currently not earning a paycheck or generating income. Savings have been exhausted and paying everyday bills has become more difficult. Fortunately, the government has thrown […]
Even with the backdrop of a pandemic extremely present, the Real Estate world does not stop. There are many sellers who were waiting for the spring market to list their home and find a buyer. On the surface it would seem that these plans have taken a hit, but in reality they just need a […]
An important piece of the real estate puzzle hinges on building a strong team. This is why in addition to our network of agents, lenders, attorneys, and brokers, we are always on the lookout for great contractors to partner with. Below is some more insight on what we are looking for along with a number […]
If you are a real estate investor looking to purchase wholesale properties or partner on joint venture projects, look no further. Our team has the experience, know-how, and infrastructure to offer you opportunities in your real estate investment endeavors. No matter if you are looking for a rehab project to work on or you are […]
The work of a rehabber doesn’t end once the property is finished. In fact, in many respects, it is just beginning. You need to push the ball over the goal line and get the property sold. It is not enough to rely on the work you and your team did to find a buyer. With […]
There is almost nothing in real estate that is straightforward. Even the most basic transactions have a snag with the title or something in the closing process that throws you a curveball. This is only heightened if the previous owner passes away. Conveying ownership in this scenario can tack on several months to the process […]
Homeowners find themselves in the position of having to sell their home fast for any number of reasons. For example, there are times when family obligations require you to move out of state with little warning. Maybe a job relocation takes you to a new area. Or a personal situation has arisen, putting homeowners on […]
Nothing is more beneficial to your long term financial health than the right rental property. Sure, quick flips and rehabs are great for the short term but a strategic acquisition of a rental property can completely change your portfolio. Not only are they a source for surplus monthly cash flow, but they also build equity […]
Take a minute and consider how much your investing business has changed over the past twelve months. There is a good chance that you have probably undergone some subtle, and not so subtle, changes in philosophy and direction. It is always better to be a step or two ahead rather than chasing outdated trends and […]
One of the things that makes real estate investing so great is that there are different options for different tastes. A situation that you would may personally be staunchly opposed to, someone else may see value in. It doesn’t make either of you right or wrong, it simply boils down to personal evaluation. One of […]
Every real estate investor looks for ways to save money. One of the most common areas to save on a fix and flip deal is with your closing costs. Reducing, or eliminating, some of the fees will have a sizable impact on your bottom line. However, you need to pick and choose your battles wisely. […]
A rental property purchase is not the same as a fix and flip project. With a fix and flip deal, you are focused on generating short term profits whereas a buy and hold rental may be in your portfolio for several years. It is essential that you know everything about your rental market, the property […]
Investing in rental properties can be one of the most difficult things you do in real estate. It can also be one of the most profitable if executed properly. Being a landlord is not exactly rocket science. You find a property, make subtle improvements, get good tenants and collect rent checks. Your rent checks should exceed the […]
Having a quality rental property is not enough to attract tenants. In hot markets good rentals may be a dime a dozen. You need to come up with ways to have your property stand out from the crowd. Instead of massive upgrades throughout the property you are better off making subtle, but impactful, changes. Updating […]
There is no greater long term investment in real estate than a quality rental property. The right rental will not only provide short term cash flow in the way of surplus rents received, but can give you the potential for appreciation years down the road. All the while you can take advantage of many tax […]
There are few things more impactful to your financial health than a foreclosure. Aside from a bankruptcy, a property foreclosure is one of the worst things that can negatively affect your credit. Not only does it hurt your credit in the short term, but it has a lasting impact that could take years to recover. […]
A lot has changed in the world of real estate over the last decade.As difficult as it may be to believe, the mortgage collapse was over ten years ago. One of the defining terms shortly after the collapse was “short sale”. There is a good chance that even if you were in real estate you […]
In the world of real estate, you never know what is on the horizon. There are plenty of times when a deal, or situation, is thrown on your lap completely out of the blue. Such is the case with inherited properties. Dealing with a property in probate is one of the most difficult, and time […]
In real estate it is not enough to simply get the property you desire. If you overpay or the closing is later than you desire, you won’t be able to maximize the bottom line. It is essential to win every negotiation you are part of. Sometimes, winning means taking the sellers price and closing in […]
There is nothing quite like spending time with friends and family at a vacation rental property. In fact, there is a chance that some of you are reading this right now sipping coffee overlooking your favorite morning spot. As much as you may relish your time spent there it doesn’t necessarily mean you should make […]
It has often been said that the best real estate investors are surrounded by the best team. There are a handful of critical team members that directly impact your success, arguably none more important than your real estate agent. Think of all the roles that your real estate agent plays. Not only do they help […]
Getting approved for a loan is much different than it was a decade ago. In the past there were multiple options and programs for every different income type and down payment. Today there is much more documentation required and everything is much more scrutinized. A seemingly innocent document requested at the 11th hour could cause the […]
Stop Multi-Tasking: There is a perception in business that doing more is a badge of honor. The ability to deal with three important tasks at once must make you busy. While this may make you busy it doesn’t necessarily make you productive. In fact, it often has a negative impact on your business. You […]
Business is all about generating income. You can have tons of busy work and potential deals, but unless you turn those into revenue it doesn’t make a difference. In the world of real estate being efficient with your time is a must. If you blow it on tasks that don’t move the needle you […]
Your perception of real estate is often different from reality. From the outside you can buy any property, make some improvements and walk away with a handsome profit. The reality is that it is difficult to get good deals, make the right updates, find a buyer and close in your timeframe. Additionally, there is almost […]
The best way to build your pipeline is to increase the number of leads you generate. If you have been in real estate for some time you have probably heard that investing is a numbers game. The more leads you generate the more chances you have of turning a lead into a deal. Real estate […]
One of the most common places to find new tenants is the internet. There are more rental property listing sites today than ever before. In just a few clicks tenants can find a handful of rentals in their desired market, at their price point and in their timeframe. Gone are the days of relying on […]
One of the hardest things for any investor to experience is losing a deal. You may spend weeks, even months, chasing after a property only for it to fall out unexpectedly. As much as this stings, it is a part of the business. Every investor loses a tough deal or faces an unexpected setback from […]
Some of the best investments require a leap of faith. You have probably heard for a while that to make money in real estate you need to think outside the box. One of the most out of the box buy and hold opportunities is with student housing rentals. On the surface, these may seem like […]
Behind any good real estate investor is a reliable contractor. Whether your business is built on flipping houses or buying investment properties, a quality contractor is essential. They will help keep your project moving in the right direction and cut off potential problems before they get too big. They will handle everything from simple maintenance […]
If you own rental property long enough eventually you will be faced with an eviction. Every landlord thinks evictions will never happen on their properties, but they are more common than you may think. Your tenant can be great for eight months and then out of the blue be hit with an unexpected financial setback. […]
There are many ways to generate interest in your rental property. Without interest it is difficult to find the right tenant or to fill a vacancy when you want to. On the flip side, the more interest you have the more likely you can find the best possible tenant. With all the real estate rental […]
The real estate investing business is full of misinformation. With the business growing in popularity over the years more people have become “experts.” With the influx of information, theories and rationale it is difficult to decipher what is real and what is fake. If the person providing the information is passionate enough it is easy to be […]
The starting point for any prospective deal is financing. How you plan on financing the transaction dictates just about everything else you do. Financing determines your offer price, the closing date, contract contingencies and earnest money deposited. On some deals the financing option is cut and dry. On others there are a handful of options that make […]
As an investor, in a perfect world you would only invest in markets on the way up. Being a little too early on a market, is much better than a little too late. Finding emerging markets takes diligence and the ability to pour through data. It also takes discipline to know when to walk away, when the […]
If you are in the real estate investing business long enough eventually you will face a business crisis. Your tenant may cause damage to a rental property, a deal maybe lost at the 11th hour or a rehab may have unexpected issues. How you act when these present themselves will not only determine the immediate problem but will also shape your […]
With any investment it is always wise to consider the exit strategy prior to diving in. Things may look good on paper, but reality is often a different story. As Mike Tyson famously said, “everyone has a plan until they get punched in the face.” How you want the property to go is not always […]
No two real estate investors are the same. You may have similar styles & tastes but there is always something about you and your business that makes you start at the same point but where we go from there is completely up to us. There is no sugarcoating the fact that investing is difficult at […]
In the world of real estate, you never know where your next big opportunity will come from. You may invest a certain way for years and then out of the blue be presented with something more appealing, and profitable. It is important to keep an open mind and be willing to at least explore every […]
The real estate investing business is all about consistency. You want to get to the point where you have consistency in team building, networking, lead generation and every aspect of your business. If you consistent in these areas, things have a way of falling in place. Every investor wants the opportunity to do more deals. […]
Everybody is on the hunt for the perfect investment. We want minimal risk, high returns and easy management. What we don’t realize is that those are hard to come by. Instead of constantly searching for the perfect investment you should look for something more easily attainable. A rental property is undoubtedly the best long-term investment currently […]
Building a business takes time. With the influence of modern technology, we are conditioned to want, and have, everything in the blink of an eye. When it doesn’t happen, we are easily bored and frustrated and don’t focus like we need to. Building a successful real estate business is no different. We want the business […]
Anyone can rehab a property, but not everyone will be successful at it. From the outside it would appear that all you need to do is buy a property, throw some money at it and wait for offers to pour in. If you have ever flipped a house before you know that this is not the […]
There are dozens of ways to run a business. What makes real estate investing so appealing are the limitless options of getting from point A to point B. With the right mindset and a little bit of good fortune you can go from part time investor to having more deals than you can handle in no […]
There are many pieces to a successful real estate transaction. You need a good property, the right price, proper vision and most importantly, financing. Without capital to put your plan in motion, nothing else matters. Fortunately, there are more financing options today than ever before. No longer do you need to solely rely on traditional […]
The strength of your investing business is in the people you surround yourself with. You can have access to capital and a good plan on putting it to use, but if your team is poor, ultimately you will suffer. The importance of your team is magnified as you are just starting out. You are pulled […]
With any business, the goal should be to constantly take incremental steps forward. If you can scratch out even a small profit on every deal you will ultimately be ahead of the game. As a real estate investor, you are faced with a handful of important decisions daily. Without even knowing it at the time […]
There are several key factors that go into a successful house flip. For starters, you need to get the property at a price that works for you. Overpaying on the way in will put you behind the eight ball throughout the process. Next, you assemble the right team and do the right work, all while staying […]
There are two sides to every debate. For some reason, the world of real estate investing is full of debates. One of the more common debates is whether to hire a dedicated property manager. In a perfect world, every landlord would have someone to run their property. As much as there is a definite benefit, […]
It is hard to believe that 2019 is just a few weeks away. It seems like only yesterday we were in the middle of spring and starting to think about summer. The reality is that the clock doesn’t stop, and the calendar often moves quicker than we would like. If you are like most people […]
The best real estate investors understand the importance of a keeping a full pipeline. Closing a deal today is great only if you can find ways to build on that momentum. In almost any market there are motivated sellers. The key is to constantly strive for ways to find them. One of the misconceptions in […]
What are the best real estate lead generation options today? Where and how can real estate agents, investors and other related industry professionals generate more leads for buying, selling and renting properties? What are some of the little known benefits, and pitfalls of common real estate lead generation channels today? Here are 12 ways for real estate […]
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure […]
“Investment is most intelligent when most business like” – Warren Buffett If investing is better when conducted most business like, does it mean that more real estate investors ought to be investing in a more businesslike fashion? Should every real estate investor be investing as a business? What does that really mean? What does it look […]
Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]
As any real estate agent knows, leads are the lifeblood to success. This is why it is no secret that a high percentage of most agents’ time is dedicated to uncovering possible leads via as many conduits as possible. That being said, all leads are not created equal. Some leads roll in thanks to expensive […]
Buying a home is an important – and exciting – decision. After all, having a place to call your own, to raise your family in, to do as you wish with no landlord to answer to are all motivating factors in starting the process. But, in addition to these emotional reasons, buying a home can […]
In a typical listing agreement, instructions are defined in writing for how both Listing Agent and Buyer’s Agent receive their commission at the Close of Escrow. Industry Standard suggest the Listing Agent receives about 3.5% in a normal transaction while the Buyer’s Agent receives about 2.5%. Does that mean the seller or the buyer pays […]
Rental property ownership is filled with ups and downs. If you currently own residential real estate you may be faced with the most difficult period of your ownership. In addition to trying to navigate your personal financial situation, you have to worry about rent coming in from your tenants. The protection of your lease may […]
An important piece of the real estate puzzle hinges on building a strong team. This is why in addition to our network of agents, lenders, attorneys, and brokers, we are always on the lookout for great contractors to partner with. Below is some more insight on what we are looking for along with a number […]
If you are a real estate investor looking to purchase wholesale properties or partner on joint venture projects, look no further. Our team has the experience, know-how, and infrastructure to offer you opportunities in your real estate investment endeavors. No matter if you are looking for a rehab project to work on or you are […]
Homeowners find themselves in the position of having to sell their home fast for any number of reasons. For example, there are times when family obligations require you to move out of state with little warning. Maybe a job relocation takes you to a new area. Or a personal situation has arisen, putting homeowners on […]
Every real estate investor looks for ways to save money. One of the most common areas to save on a fix and flip deal is with your closing costs. Reducing, or eliminating, some of the fees will have a sizable impact on your bottom line. However, you need to pick and choose your battles wisely. […]
It has often been said that the best real estate investors are surrounded by the best team. There are a handful of critical team members that directly impact your success, arguably none more important than your real estate agent. Think of all the roles that your real estate agent plays. Not only do they help […]
The best way to build your pipeline is to increase the number of leads you generate. If you have been in real estate for some time you have probably heard that investing is a numbers game. The more leads you generate the more chances you have of turning a lead into a deal. Real estate […]
One of the most common places to find new tenants is the internet. There are more rental property listing sites today than ever before. In just a few clicks tenants can find a handful of rentals in their desired market, at their price point and in their timeframe. Gone are the days of relying on […]
One of the hardest things for any investor to experience is losing a deal. You may spend weeks, even months, chasing after a property only for it to fall out unexpectedly. As much as this stings, it is a part of the business. Every investor loses a tough deal or faces an unexpected setback from […]
If you own rental property long enough eventually you will be faced with an eviction. Every landlord thinks evictions will never happen on their properties, but they are more common than you may think. Your tenant can be great for eight months and then out of the blue be hit with an unexpected financial setback. […]
The starting point for any prospective deal is financing. How you plan on financing the transaction dictates just about everything else you do. Financing determines your offer price, the closing date, contract contingencies and earnest money deposited. On some deals the financing option is cut and dry. On others there are a handful of options that make […]
As an investor, in a perfect world you would only invest in markets on the way up. Being a little too early on a market, is much better than a little too late. Finding emerging markets takes diligence and the ability to pour through data. It also takes discipline to know when to walk away, when the […]
No two real estate investors are the same. You may have similar styles & tastes but there is always something about you and your business that makes you start at the same point but where we go from there is completely up to us. There is no sugarcoating the fact that investing is difficult at […]
What are the best real estate lead generation options today? Where and how can real estate agents, investors and other related industry professionals generate more leads for buying, selling and renting properties? What are some of the little known benefits, and pitfalls of common real estate lead generation channels today? Here are 12 ways for real estate […]
The real estate industry caters to independent strategies. For every investor, there is another way to go about conducting business. Some may prefer to utilize the convenience of technology while others want to maintain personal relationships. However, for one reason or another, there remains a void between these two independent strategies. Smart investors will figure […]
“Investment is most intelligent when most business like” – Warren Buffett If investing is better when conducted most business like, does it mean that more real estate investors ought to be investing in a more businesslike fashion? Should every real estate investor be investing as a business? What does that really mean? What does it look […]
Many people are still wondering whether or not real estate is one of the best investment strategies for long-term wealth building. Is investing in homes still a smart investment for the average individual? Is a home still the best investment of a lifetime for most Americans? If so, why are some pessimists still questioning the rebound […]