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 »
The foundation of my real estate investing is rooted in buy and hold investment property for the long term: otherwise, known as Landlording. While I have wholesaled & rehabbed property for short term merchandising of real estate not to mention provided hard money loans to real estate investors in Charlotte, North Carolina, it is my… 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 »
No.., I’m not talking about taking a loss when selling a home or a negative cash flow situation!!! This is a form of growth that is the complete opposite from the growth of adding new rentals and/or the ability to buy more property to wholesale or rehab/resell…. I’ve exercised this mode of growth twice in… Read more »
Whew….. I think we’ve reached a point were the elevator has at least slowed it’s descent -if not come to a halt for the time being. I am seeing pockets of stability, multiple bid situations, and anxious home buyers in our local Charlotte North Carolina real estate markets. Both real estate investors and home buyers… Read more »
Suffice it to say, I’m not going to miss 2009 with regards to my business and investments…. From a family standpoint it was absolutely fantastic. Emmy hit 4 this summer swimming like a fish and Max at 7 is growing out of my concept of ‘my little boy’…. Oh, they just grow to fast. 2009… Read more »
It was the February of 95′ and I was circling a neighborhood I had identified as an above average appreciation rate due to its gentrification. Here I was looking at a duplex listed for $68k and I had thought it was all I could afford… I had my neighbor with me and we circled the… Read more »
The back end of a 1031 Tax Deferred Exchange… I call it Big Blue. She’s a 2000 square foot Pre-1920’s two story Victorian that was converted into an upstairs/downstairs duplex some 30-50 years ago. 10 foot ceilings and 5 coal fireplaces with original mantels. It would be easy to convert back into a single family… Read more »
Running your Real Estate Operation Like a Business: Sometimes You Have to Shrink to Grow! I asked for ideas the other day for a topic and a friend (whom I just made the time for) suggested the very title before you. Three days prior I had spent a good 1 ½ hours plus with Michael… Read more »
Originally posted by Tyler McCracken on 11/10/2009 on www.askthelandlord.com You Can’t Handle The Truth!!! When will this (real estate) elevator hit the bottom??? Part I I’ve just come through a two week period were the realities of my world hit home as I downshifted into another phase of my real estate operations. Anyone who has… Read more »
