There are several reasons why you might be ready to sell an investment property. Perhaps it’s time to take advantage of the appreciation value, or maybe you need more time to focus on other investment opportunities. Whatever the reason is, there are a few things you should know about trying to sell a tenant-occupied home. […]
You can take two main routes when selling a home: listing the property or searching for cash buyers. In today’s fast-moving real estate market, sellers will likely have no trouble with either option. However, there are a few factors to consider before deciding which path to follow. Cash buyers have become increasingly common in the last […]
Should you get a rental property inspection before signing a lease? A home inspection is the norm when you buy property, but they’re virtually unheard of for renters. Is that a big mistake? If you ask for a rental property inspection before signing a lease, are you just being a pain, or are you making a smart decision? Why You […]
Real estate escalation clauses have proven, time and time again, that their inclusion in an offer letter can greatly tip the scale in favor of buyers. Escalation clauses are, after all, a relatively simple way to stack the deck in favor of savvy investors. That said, anything less than a meticulously-calculated escalation clause can do […]
On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There are always […]
The pandemic, which has forced governments around the world to issue “shelter-in-place orders,” has interrupted nearly a decade’s worth of positive housing momentum. In fact, what was shaping up to be one of the busiest summers in recent history has essentially failed to live up to expectations. Instead of realizing historical home sales numbers, buyers […]
Getting a good deal on a rehab property is not enough to ensure a profit. If you buy in the wrong market it truly won’t matter how low your offer is. Prior to making an offer, or even exploring a property, there are a handful of key items you need to do your homework on. If these […]
One of the great things about investing in real estate is that you don’t need your own funds to get started. Sure, having disposable money is nice but it is far from a necessity. That coupled with the fact that there are more capital options available than ever before makes this a great time to be […]
Every successful investor has a core of people around them. Whether you close a deal a month or a deal a year there are a handful of team members essential to your success. How you work with them will often influence just how strong your business is. There is a fine line in any business between giving […]
Every investor has a stretch where nothing goes right. They struggle getting offers accepted, deals fall through, and they can’t come up with new ways of generating business. It is during these periods where your mettle is tested, and your business is defined. It is essential to dig in and work even harder to come […]
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 […]
All landlords are constantly looking for ways to increase their bottom line. Increased cash flow gives them the ability to do a multitude of things with the surplus. As great as saving money is, you need to know where to draw the line and outsource projects. There are a handful of home improvement projects that almost any […]
It is hard to believe that we’re now in 2021. What are your goals? 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 […]
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 […]
At some point in every real estate investors career they will entertain the thought of working with a partner. In some cases, the right partner will be the best thing you can do, greatly accelerating your business growth. In other scenarios, you will almost instantly regret the partnership and look for ways to get out of […]
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, […]
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 […]
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 many markets property values have taken off to levels not seen in well over a decade. Depending on your financial situation and the growth of your market it may be a great time to explore cashing out and selling your home for cash. Depending on the condition of your home, the buyer of your […]
From the outside, flipping a house looks easy. If you watch one of the many programs on rehabbing and flipping it makes it look like every property is a winner. The reality is that if you don’t know what you are doing you can, and will, be disappointed in your results. This is the part that you […]
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 that […]
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 […]
Are you ready to run your own real estate business? It should not be lost on you that as a real estate investor you are the CEO, CFO, President and Principal of your business. You are directly involved in every decision you make, every property you pursue and every partnership you are involved in. Your […]
Everybody is on the hunt for the perfect rental property 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 […]
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 […]
While buying real estate, it is important to pay the right price and finalize deals quickly. In some cases, it may be better to finalize quickly at the sellers price. While in other cases, the buyer may walk away if they find that the price is very high. If the buyer is able to win […]
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 […]
Inherited property or a property in probate is one of the most difficult ones to deal with. You never know when, due to a chain of unexpected events, you might end up being the owner of an inherited property. With all the laws and bureaucratic processes involved, the changing of titles of ownership itself is […]
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 […]
Many low and middle-income earners know that a large portion of their paycheck goes to cover the cost of rent. This makes them think that they should always opt for low rent apartments. Their dreams of home-ownership then becomes almost completely out of reach or like a mirage. Without even knowing, this idea has brought […]
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 […]
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 […]
As with anything, there are do’s and don’ts when it comes to selling your home. Some of the biggest mistakes are arguably the easiest to avoid, which becomes especially important if you are selling or thinking about selling your house without a Realtor. Here are four home selling mistakes you should consider avoiding at all costs. Pricing […]
A quality rental property can completely transform your portfolio. The idea of having tenants provide you with monthly cash flow while reducing your loan balance is a very appealing thought. However, not every property makes a good rental. It is important to always do your due diligence on every prospective rental purchase you make. There are times […]
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 […]
As we have seen over the last few months life can change on a dime. One day we are thinking about March Madness and the next planning when we can leave our homes. If you have inherited a property over this time or making preparations, you may be dealing with an extra layer of stress […]
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 […]
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 […]
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 […]