Starting Out
Learn Real Estate by Mike Farmer | June 3, 2008Basic Real Estate Project Planning and Management This will be elementary to seasoned investors, but I’m assuming many investors using BiggerPockets are beginning and collecting information, so I thought it might be useful to go over basic project planning and management. I have learned these things from experience, but mainly through knowing smart investors. When [...]
Learn Real Estate by Connie Brzowski | April 19, 2008If you’re considering real estate as an investment, there’s one thing you’re guaranteed to hear: Now is not a good time. Your brother-in-law, your best friend, and your Great Aunt Minnie (who keeps her riches in a cigar box under the doghouse) will all surely recite text and verse. The time for real estate is [...]
Commercial Real Estate by Ted Karsch | March 3, 2008Determining the value of an apartment building investment is one of the greatest difficulties that many new commercial real estate investors face. Most people who invest in apartments have some experience investing in other types of real estate, typically residential homes or duplexes and triplexes. The issue that new investors face is the fact that [...]
Learn Real Estate by Mike Farmer | February 19, 2008If you are averse to paper work, formal agreements and legalese, get over it. You can’t avoid it and it’s vitally important. Think of your contract as a big safe to protect your huge amount of valuables. The subject here will be the contract – I’ll circle back in later posts to cover the specific [...]
Real Estate Investing by Mike Farmer | February 12, 2008In my last post I talked about how to prepare psychologically for that first plunge into investment. Okay, so now you’re ready, somewhat calm and almost fearless. In this post I’ll drill down from there to one aspect of investing that touches every other aspect and allows you to sleep better at night – DUE [...]
Real Estate Investing by Mike Farmer | February 5, 2008When the decision is made to start looking for that first investment property it can be exciting and frightening. Both excitement and fear are good teachers if we do a little analysis to discover how they affect decisions. When you arrive at the level of investing it‚s wise to understand emotions. I could give the [...]
Starting Out by Michael Creel | January 18, 2008In the last few years I’ve noticed much of the public has lost respect for Realtors and view them as overpaid “salespeople” that get a lot of money for simply showing a house or two and writing up a simple contract. For some, that perception will never change simply because they see it as a [...]
Commentary by Jim Watkins | January 10, 2008I sat at a poker table and saw a Straight Flush be beaten by a Royal Flush. One of my friends told me of a convenience store clerk that refused to break a $20 bill without a purchase being made. To comply, my friend bought a lottery ticket and won $100,000. I jumped for joy [...]
Rehabbing by Connie Brzowski | December 29, 2007Rehabbing a house can be a nail-biting experience, particularly the first time around. Sometimes, nice readers over at my blog email asking advice about their latest rehab project. Generally, the questions involve finishing issues such as whether to paint or replace kitchen cabinets, or if carpet or wood floors work better in a rental. I [...]
Learn Real Estate by Connie Brzowski | December 22, 2007Danger Will Robinson! The mister and I married in 1980. We were 19, freshly spit-out by the public school system and totally clueless about the real-life world of household finance. Our parents were lower middle class, Depression-era survivors with a ton of fear about anything deemed risky…and pretty much everything was considered risky. For the [...]
Learn Real Estate by Connie Brzowski | December 8, 2007Recently, during a relatively calm and drama-free conversation, daughter #3 (the cheeky one running around the kitchen at this very moment with a doily on her head) asked, “Mom? Now that you’ve plastered your name all over the internet, I guess its okay to tell people we’re landlords, right? Ignoring for a moment the habit [...]
Landlord Tenant by Connie Brzowski | December 1, 2007The mister and I waited years before buying our first rent house. Of all the various and sundry reasons for staying out of the game, our biggest obstacle was a severe case of Tenant-phobia– the crippling fear of Landlording. To make matters worse, anytime the subject came up, helpful friends and relatives regurgitated the same [...]
Foreclosures by Jim Watkins | September 10, 2007First off, let me clear up one thing that continues to confuse the masses… There is a difference between “Pre-Foreclosure” and “Foreclosure.” I am sure all of you have seen the advertising on various sites. “See a list of foreclosures in your area!” Over 90% of the time, they are technically a foreclosure but really [...]
Commentary by Joshua Dorkin | July 27, 2007I noticed a property listing on Craigslist, titled “$150000 THIS IS THE BEST DEAL IN TOWN” and decided to take a look. Since I was about to find out about the best deal in town, I was really anticipating what was to come. Sadly, what I found was just another loser property. If you’re new [...]
Commentary by Joshua Dorkin | July 17, 2007In the first version of A Rental Property Management SNAFU Story, I shared with you how my property management company in St. Louis decided to close their doors without any notice to anyone. Some things have happened since then that I thought worth sharing. The Property Management Search: First, after interviewing almost every company in [...]
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“Dumb Luck”
by Jim Watkins | January 10, 2008I sat at a poker table and saw a Straight Flush be beaten by a Royal Flush. One of my friends told me of a convenience store clerk that refused to break a $20 bill without a purchase being made. To comply, my friend bought a lottery ticket and won $100,000. I jumped for joy [...]