If you have been around in real estate investing circles for any amount of time you’ve no doubt heard the claims and horror stories about why you should be using entities to hold your real estate instead of holding title in your own name. If you are serious about your investing, you should have a [...]
Continue reading about The Downside to Using Entities for Real Estate Investing
Many in the real estate industry are trumpeting an impending rebound in residential real estate. They are talking about how the extended tax credit programs for home buyers will push up the demand and save the real estate industry.
While there is no doubt these tax credits will help home buyers because they essentially cover much [...]
Continue reading about Tax Credits Won’t Get the Buyer the Mortgage
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
Whenever I talk with someone about them finding and using private money they have a pretty predictable set of questions.
Where do I find the investors?
How do I get them interested?
What paperwork do I need?
How do I stay clear of regulatory problems?
By and large, most of their questions fall easily into those categories.
Do you notice anything [...]
Continue reading about Overcoming the Biggest Obstacle of Private Money
“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
Yes, that probably does sound familiar to you. It is what Yoda said to Luke Skywalker in Star Wars: The Empire Strikes Back.
But, I am not talking about some kind of metaphysical failure here. I am talking about those who want to be real estate investors and yet never see much, if any success.
Over the [...]
As an investor, you know that time is money. You also know that every day a property sits unrented or unsold you are losing money. In the case of rents, a lost day of rent can never be made up.
So, what do you do when your local inspection office staff is slashed? What happens when [...]
Continue reading about As Municipalities Cut Back, What About Code Enforcement and Inspections?
flowplayer(“player1″, “http://www.reitactics.com/flowplayer/flowplayer-3.1.0.swf”, { plugins: { controls: { fullscreen: false, height: 30 [...]
There are generally two ways to generate profits from your real estate investing. Your holdings either generate cash now, this and every month, or you expect them to generate cash at some point in the future. Future profits can come from appreciation, but unless it if forced appreciation, you are really just breaking even over [...]
Continue reading about If Your Real Estate Holdings Don’t Generate Cash, Why Do You Have Them?
Recent Comments