Before you can think about your long, wonderful career as an investor, the first thing you need to do is secure financing. Whether this is through means of lender financing or private money, everything you do in a transaction is dependent on some form of financing. It is not enough to assume that your credit […]
If you are trying to sell your home, you need to focus on advertising that really works. Most sellers are on a strict budget and can’t afford to swing and miss when it comes to their advertising. The longer your home goes unsold on the market, the less valuable it becomes. Even if you aren’t […]
The mortgage landscape is constantly changing. As soon as you think you have things figured out, they end up changing. If you have properties that you financed, or are thinking about financing in the future, you had better know what the current guidelines and restrictions are for your particular situation. There are some situations that, […]
As investors, we are often accused of being stubborn. We think that we can make a deal happen in the face of difficult circumstances or create value where everyone else has overlooked. However, every investor will loose if they choose to go against the market and current trends. In spite of what we think a […]
Every investor has something unique they bring to each real estate deal. However, discovering this trait for yourself will help separate you from your competition. For some investors, it is the knowledge of a particular property or area. For others, it is their extensive contact list or ability to raise capital. Whatever it may be, […]
If you have ever been rejected for a loan, you know the importance of a good credit score. Maintaining a good credit score is the key to not only receiving mortgage loan approval, but also low rates on credit cards and car payments. However, a recent study found that almost 80% of Americans find some […]
New investors get themselves into trouble when they do not know all of the costs associated with starting a project. All too often, green investors only account for acquisition costs and rehab costs. However, when they start plugging in the actual numbers, deals become less attractive. Mitigate risk by prepping accordingly. Before you get started […]
It is a harsh reality, but everything you do online is at the mercy of everyone’s opinion. That is to say, every tweet you send or response you post can be dissected and interpreted for everyone to read. All it takes is for one angry tweet to be resent or one post to be shared […]
Despite the recent attention given to short sales and foreclosures, there are still many homeowners who have managed to build equity into their property. If you managed to buy at the bottom of the market and have rode the wave of appreciation the last few years, you may be sitting on a lot of money. […]
As a real estate investor, you are the CEO of your own business. Accordingly, you are the ultimate decision maker and the person responsible for the success and failure of your business. As such, it is in your best interest to know what is going on with all aspects of your business at all times. […]