I had such a good time delivering my motivational message to both the Denver and Minnesota Investor Success Summits in the fall, that I wanted to write a series of articles on what was discussed. The goal of the presentation was to help motivate and inspire investors to take action and achieve success. Based on… Continue reading Momentum: A Secret Weapon to Destroy Your Fear
Because I have been investing for a long time, many new investors assume I’ve always known how to buy and sell investment real estate. Absolutely not true. No one is less experienced than I was starting out, but I had an absolute goal and I was willing to work hard to achieve it. Let me… Continue reading My First Investment Deal – Don’t Let Fear Stop You
With so much competition, what makes a motivated seller want to deal with you and not someone else? Figure it out and make it happen! (1) Communication – It’s vitally important to be a good communicator. To be a good communicator, you must be a good listener. Starting out, I knew nothing about this business… Continue reading Why Should a Seller Work With You?
The world of real estate is one of the most diverse in terms of investments. There are many types of properties that people from different buyer groups can focus to become their investments. One such property type falls to the group of abandoned properties. Gone were the days when abandoned properties found by someone can… Continue reading Tips for Buying an Abandoned Property
Many individuals understand the importance of including real estate, as part of their overall investment portfolio. Done wisely, this idea makes a lot of sense, because, historically, real estate growth, has out – performed, most other vehicles. It certainly, at least, keeps up with inflation, and, therefore, many consider, some sort of involvement, in this… Continue reading The 6% Rule For Purchasing Multi-Family Houses: 4 Considerations
Investors often discuss these buying/selling techniques without knowing the differences. Especially when discussing them together, investors can become quite confused. Let’s clear that up. What is Wholesale? With wholesale, you buy a property for a low enough purchase price that you can mark it up and sell it to an investor who will be able… Continue reading Wholesale, Wholetail, Assignment – What’s the Difference?
Among real estate financial analysts, there are those who prefer the Internal Rate of Return (IRR) and those who prefer Net Present Value when assessing the viability of a potential acquisition. When my clients ask me which measure I prefer, my response is always “Neither”. Many financial analysts, real estate focused or otherwise, accept that… Continue reading IRR or NPV? How About Neither?
Affordable homes are hard to come by these days particularly in Melbourne and Sydney. This has been confirmed by the latest Mapping the Market Report of CoreLogic that looked into the shift on housing costs in capital cities over the past five years. The research found that over the years, the median house prices in… Continue reading Decline in Affordable Housing Supply Confirmed
If you are reading this article, you are probably considering investing in real estate, but you are not sure if investing in property really makes sense in the current economic situation. You may be also wondering if you should be investing your money in the stock market instead. Well, we can tell you that in… Continue reading Top 5 Reasons to Invest in Real Estate Instead of Stocks
1. Know Your Budget Before taking a plunge into property investing, it is essential that you have an in-depth understanding of your cash flow. Plus, ask your bank for the pre-approval of your investment loan so that you know how much you can borrow prior you hunt your properties. 2. Don’t Skip Ongoing Costs Ensure… Continue reading 9 Pro Tips To Get Started In Property Investment