Operating rental properties and dealing with tenants are not separate jobs. The fact is, they're inseparable parts of landlording. I owe a great deal of my real estate success to my landlording abilities. Some folks disagree with me on this issue.
It is estimated that over 10 percent of all homes in the nation are either currently in foreclosure or the owners are behind on their payments. The period from 2007 to 2009 undoubtedly will have seen the largest number of foreclosures ever in our nation’s history.
Amazingly, foreclosures continue their record pace nationwide. Seemingly every few seconds, a homeowner defaults on their mortgage. This is especially true in the “bubble states” like California, Nevada, Arizona, and Florida.
When you want to sell a house FAST in a SLOW real estate market, one of the things you must do is develop your own comp book of data that’s relevant and specific to your house and the immediate competition.
Are you having trouble getting the cash you need for your real estate deals? Have you ever lost a great deal because you didn't have funds to close it? Is a lack of financing killing your real estate investing dreams? If you answered "yes" to any of the questions above, then “private money” may be the solution for you.
Problem solving and decision making are essential, but don’t let the process prevent you from taking action. You’ll always be making a commitment on partial information. There will always be a reason to delay making a decision, something else you could investigate, ask and ponder. Taking action is not easy for many people.
Have you ever wondered why some people can talk themselves into a sale while others have failed, even just moments before? It can simply be a choice of words and the way they are spoken.
Want to ensure your short sale success (and by success I mean seven-figure income)? Bill and Dwan Twyford give you the opportunity to take your short sale degree and do an internship with one of the top short sale firms in the country.
Like our bodies, which require physical attention to make sure they perform to their fullest, our real estate investments require the same attention and care.
Do you want to know one of the most frustrating aspects of being a new real estate investor? It's all of the wasted time dealing with people who never end up selling you their property. You might spend hours on the telephone with someone negotiating the deal and you might end up driving to their house multiple times, without ever getting a signed contract.
The FBI issued this Consumer Alert primarily for renters, but it has implications for investors who advertise their rentals online with services such as Craigslist.
With proper negotiating, you can turn a marginally good transaction into a great one and a barely profitable venture into a substantially profitable one. Sometimes more money can be made in the negotiation than at any other point in the actual transaction.
The extent of most people’s burning desire is to have accomplished their dream. Like
the one who wants to have written a best selling book, however it has always been
too much trouble to sit down and actually write it.
When investing in real estate, you want to focus your efforts on motivated sellers. This is true especially if you are just starting out. And dealing with motivated sellers makes the process go even faster, which means cash in your pocket sooner rather than later.