One will often here my reference to the term: “Slow the Turn”. What I’m vaguely referring to is one’s ability to slow the outflow of cash on expenses from a pure business/investment (heck -even personal lifestyle viewpoint too) perspective. As a Landlord, it is imperative that a real estate investor create an environment for their… Read more »
There is a common story for real estate investors whom bought and/or did a cash-out refinance with real estate over the past 2-6 years. You know the line -right? “I barely have any equity or I’m underwater”. At a minimum there is concern , perhaps even thoughts of walking away, and the inevitable fear of… Read more »
Many out there are looking for the magic cure to creating financial independence and often jumping from one direction to another. Whether your investing in real estate, a MLM, or some other business idea –Stop jumping from get-quick rich idea to another! Folks -it is true that we all need to find our own niche;… Read more »
A few years back I had called on a fellow landlord who was known for selling off properties and providing owner financing too. Now I knew he had problem tenants in a property but also knew the area was appreciating rather rapidly and it was in my main target neighborhood. I wasn’t sure how long… Read more »
I’m often asked by those new and even those (at times) who’ve been trudging along in the investing arena, how wealth is truly created with real estate. I have a basic saying -one that plays apart in my constant drive: “If you aren’t out earning it, your spending it”. The idea of working smartly… Read more »
State of the Real Estate Economy as of October 2009 I’ve had various thoughts for what I’d write this week… Reflecting back I am seeing a consistent theme with those that play in the land of real estate. Uncertainty, Fear, and somewhat worn out against a back drop of Dow 10,000, Real Estate (supposed) Guru’s… Read more »
Evictions are a part of the landlord program that often scare new real estate investors. I tend to get these last minute calls (sometimes while one is in route to their magistrate’s hearing) asking for advice when its to late. As a landlord and property manager in Charlotte, North Carolina, I have handled hundred’s of… Read more »
What’s with all this thinking that real estate is dead!!! Sure the easy days are not around for the moment -for most. We all must remember that real estate valuations cycle. For the near term it will be a challenge to fund wholesale, rehab, and landlord real estate investments until financing opens up. Does this… Read more »
Sometimes I over simplify my thoughts on investing in real estate….. As a generalization, I have an ingrained rule of buying a rental property for $50k and selling it when it hits a valuation of $125k -with the thoughts of reinvesting the money into two more $50k properties. We are still able to purchase single… Read more »
