Posts tagged as:

cash-flow

Real Estate Investing

How To Make $70,000 Off A Real Estate Wholesale Deal

by Jason Hanson | September 16, 2009

I’m currently working on my longest deal ever. So far it’s been about eight months in the making. Let me show you how this deal evolved so you can learn how to make $70,000…with only a few hours worth of work.

About eight months ago one of my partners got a lead from a guy who owns a beachfront condo in Virginia Beach, VA. It’s a gorgeous condo in perfect condition. The owner is an “eccentric” individual who travels a lot and didn’t want to have to deal with the property anymore.

I met with this owner twice in person to negotiate the deal. At first I thought it was going to be an awesome lease option deal. The mortgage balance was relatively low and the place could be rented out for $3,000 a week during the peak season. My partner and I were looking at over a thousand dollars a month in cash flow.

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Real Estate Investing

Real Estate Investors: How to Find Great Cash Flow Deals

by Ryan Moeller | July 21, 2009

The most important thing for beginner real estate investors is to find great deals. Not good ones, but great ones. Here are some steps that will help investors find those great cash flow deals.

8 Steps to Finding Great Cash Flow Deals

Note: Finding great deals takes time and patience. Often times, new investors get impatient and jump into the first property that gets them excited. Keeping emotion out of the equation and being methodical is key when buying rental properties.

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Real Estate

The Passive Income Deception

by Justin Pierce | July 19, 2009

"Trump"ing the CompetitionI was at an investor’s meeting not too long ago talking with a young, idealistic, newbie investor who brushed off one of my real estate suggestions and told me he was looking for passive income. He wanted -in short order- to work only 4 hours per week. Ahh, yes, the fabled four-hour workweek, I’ve heard of it so many times yet I’ve never actually known anybody who had one, not anybody making any money at least. I think it must be next to the pot of gold at the end of the rainbow.

I admit, I’m going a little overboard with the pot of gold bit, but it’s for a much-needed theatrical effect. To be fair, real estate is like any business and there are some investors out there who have worked hard, became successful and were able to build a system that they could back away from a little and turn more operations responsibilities over to others. Make no mistake, however, it took a lot of work to build that system.

When they say passive income they are usually talking about rental properties. They tell you to go buy a property. Rent out said property to a tenant who pays the mortgage and expenses and you keep the difference. Easy right? Maybe if your Donald Trump and you start out with a million dollars to put down and pay management.

Lets analyze a more realistic scenario.

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Real Estate Investing

5 Things you must do before purchasing investment real estate

by Ryan Moeller | July 15, 2009

First and Foremost when investing in real estate, you must find great deals; not good deals, but great deals with plenty of equity, cash flow and multiple exit strategies. These types of deals can withstand mistakes, surprises and worst case scenarios such as the recent bust, where home values dropped approximately 40% in some areas [...]

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Real Estate Tips

7 Beginner Real Estate Investing Mistakes to Avoid

by Ryan Moeller | July 8, 2009

There are a lot of mistakes that can be made in Real Estate. In fact, many savvy investors still make mistakes or have overcome huge mistakes in their investing careers. The keys are to recognize, avoid, learn and move forward from these potential pitfalls. Here are 7 beginner mistakes when investing in real estate.

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Real Estate

Can You Answer These Subject-To Questions?

by Jason Hanson | June 24, 2009

In the current economy subject-to’s are the best way to make money. Yes, a lot of people have terrible loans that you can’t do anything with. However, remember this business is simply a numbers game. If you do the proper marketing you will still find the 5% of people who have loans that you can [...]

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Real Estate

Do You Pay off the Rental Properties You Have or Purchase New Ones?

by Joshua Dorkin | June 18, 2009

There’s a great discussion happening on the BiggerPockets Forums about whether it is better to pay off the rental properties you own or take your income and reinvest it in new properties. I’ll share some of the thoughts from the thread, and I encourage you to jump in and continue the discussion, or leave [...]

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Real Estate

The Four Worst Reasons to Buy an Investment Property

by Jason Hanson | June 3, 2009

Image by kyz via Flickr

Yes, real estate has created more millionaires than any other type of investment. However, that doesn’t always means it’s a good idea to invest. Today I’m going to cover the four reasons that you should never buy property.
Will You Be Cursed?
The first reason has probably caused more investors to leave this [...]

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Financing Real Estate

The Top 15 Reason to Own an Apartment Building as an Investment Right Now

by Ted Karsch | October 14, 2008

You control the cash flow. Unlike other, passive, investments such as stocks and bonds, the owner of an apartment building is the CEO. If you need more cash flow and the local market will allow it, the owner can raise rents.

If you don’t want to manage the day to day operations of the apartment complex [...]

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Learn Real Estate

Elementary Investment Suggestions

by Mike Farmer | June 3, 2008

Basic 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 considering [...]

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Landlord Tenant

Targeting Terrific Tenants

by Connie Brzowski | December 1, 2007

The 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 [...]

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Real Estate Investing

You Can’t “Trick the Deal”

by Richard Warren | November 27, 2007

I was having a conversation with someone that had absolutely nothing to do with investing. The conversation was about a different business but he was talking about how difficult it was to work with people who were always trying to cut corners. People often think that they know better than the experts do, [...]

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Learn Real Estate

Growth vs. Value Investing

by Richard Warren | October 23, 2007

In more than 15 years in the financial services industry I worked with many different investment theories and with almost as many different kinds of investors. Some were extremely conservative and would only invest in bonds or CDs while others were aggressive speculators dabbling in various options strategies or betting on the futures market. [...]

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Learn Real Estate

Is Investing in Real Estate in Other States a Good Idea?

by Joshua Dorkin | October 10, 2007

A question that has been coming up a lot lately is, “Should I Invest in real estate in other states?” This is actually a great idea for those people that are living in overpriced markets where cash-flow is virtually non-existent, but there is a price you’ll pay for going out of state.
Investing in properties [...]

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