Hard-Money Lenders Are Not Alike: How I Lost A $1M+ Deal
Thursday, July 30
Some experiences are educational, others are costly. This one was both.Some time ago I received a call from a wholesaler friend who had an amazing opportunity. It was a cute bungalow on a massive lot. The neighborhood is transforming rapidly from a group of cottage-style 700-900 sf houses to 3-4k...
Investor Gave Up $30K Due To Bad Advice
Sunday, July 12
You see it often in the blogs and articles on real estate investing that your team must include an ‘investor-friendly’ Realtor. We are told that success or failure often hinges on getting the right person in that role. That it is critical to identify someone who will help you find deals and bring...
Unexpected Real Estate Strategy: The Power of Knowing Local Trends
Saturday, July 04
Stories float all over HGTV, various Real Estate Investment (REI) blogs and in local groups of the fabulous returns people can make on their REIs. Yet, most of those who pursue the typical strategies “as seen on TV” find themselves, at best, breaking even on their earliest attempts to invest. Aft...
Real Estate Success and Failure: Skill – The Third Leg
Sunday, June 21
In order to consistently succeed (which actually means succeeding most of the time), a certain amount of skill in select disciplines is essential. Developing these skills will take time, but the education you gather will be priceless. The following represent skills we have found to be very helpfu...
Real Estate Success and Failure: Knowledge
Saturday, June 13
In a previous post, I spoke to the importance of Determination when successfully pursuing Real Estate as a means to gather wealth. The second factor discussed here (not in order of importance – they are ALL important) is Knowledge.The Merriam-Webster Dictionary defines Knowledge as “the fact or c...
Real Estate Success and Failure: Determination
Sunday, June 07
While many people have developed wealth using real estate, there are factors that separate those who succeed from others who wish they had. When considering real estate as a tool for financial success, the unwavering resolve to bring an activity to its best outcome is essential. This is especiall...