Wait, before you jump off this page mumbling about how insensitive or cruel I am, you might want to read on.
There are so many options available to a landlord now to receive their rent there is no reason you should be waiting for a tenant to pay you.
Unless you only accept cash… which is foolish [...]
Continue reading about If Your Tenants Pay You Late, It is YOUR Own Fault
Ask any real estate investor and by far their biggest problems are with managing the assets they are so eager to acquire.
It doesn’t matter whether they manage their properties themselves or hire a property manager. The majority of their problems, concerns, headaches, worries and losses all revolve around property management.
It is tedious, time consuming, error [...]
Continue reading about The State of Property Management Sucks
Property managers are having a tough time. Yeah, I know, I can hear the mock sounds of pity from investors who have been burned by property managers.
But, even the good ones are having trouble. No, you are not more likely to suddenly find yourself face to face with a unicorn than finding a good property [...]
Continue reading about If You Look Like OverHead, You Might Get Cut
If you are like a lot of landlords in the United States today you might be looking around and asking yourself what is going to happen? The unemployment rate is projected to stay above 10% for all of 2010 and well into 2011. Other costs are going up and to top it all off rental [...]
Continue reading about Will 2010 be a Good or a Bad Year for You as a Landlord?
If your real estate investments are losing money, you have two options and only two.
You can either sell it, often at a loss or fix the problems causing you to lose money.
The problem many investors face is they don’t have the knowledge, experience or objectivity to decide with path to pursue. Then once a path [...]
Continue reading about Your Investmenting is Either a Business or It’s an EXPENSIVE Hobby.
Part of being a consultant is giving bad news. I don’t like to give bad news any more than I like to receive bad news. That does not stop me from delivering the plain truth to a client or potential client, even when it is bad news, even when they don’t like it and even [...]
For that last 18 months or so I have been working with clients on turning around problem investments. More and more by the time they find me they are in a desperate situation. In some cases, they haven’t had enough time left for me to help them. In other cases, their situation wasn’t as dire [...]
“What Do You See Yourself Doing In Five Years?”
Almost anyone who has ever interviewed for a job has been asked this question. It is one of those questions interviewers are trained to ask because it is supposed to give some insight into your motivation and career ambitions.
The problem is, interviewees know this question is going [...]
Continue reading about The Next Two Years Will Make Millionaires Out Of The Right People
Everyone out there seems to hype automation and software tools. This analysis software from this company, that one from another.
There is no doubt as you grow, you will need to automate somethings in order to keep your sanity and continue to grow. It is all but impossible to do everything manually if you are doing [...]
Continue reading about Software Tools Real Estate Investors and Wholesalers Need
Recently, I was asked to negotiate the purchase of an apartment building on behalf of someone else. Handling the negotiations for others is something I have done from time to time over the last 25 years. After sitting down with my client and discussing their objectives in the deal I agreed to do it.
After my [...]
Continue reading about Playing Games During Negotiations Can Be Costly
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