Real Estate Investing Strategies For the Current Economic Condition
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The buy and hold strategy
In the past say 8 years it was pretty common for investors to speculate in the market and accumulate large amounts of wealth quickly through buying properties, renovating them and putting them back on the market at a premium. Since the downturn of the economy there has been a staggering number of job losses, financial institution lending practices have stiffened and a flood of foreclosures have hit the market. All of these conditions have caused a correction in house prices, making it the perfect opportunity to buy properties at discounts to the actual value. Unlike... continue reading >>
The Real Worth of a Business Card in Real Estate Investing
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Well summer's nearly over and unfortunately it will be remembered for the G8 and G20 summits hosted here in Ontario. The world watched while the most powerful and influential global leaders get together to chit chat on our dime while police cars burned. I don't know about you but a private networking session isn't how I'd invest a billion dollars of other people's money.
Networking usually costs far less and produces far better results if you know how to do it. Fortunately, there was a comparatively inexpensive alternative before all the summit madness called the World Connects Summit/Forum. This... continue reading >>
Why Cash Flow is Paramount to a Real Estate Investment
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The starting point for any investor making a real estate investment decision is a study of the overall market and supply and demand factors in specific cities and towns. Whether for speculative purposes or part of a long-term strategy, investors are never willing to engage in real estate investing unless the financial climate agrees.
As such, the bottom line for investors trying to decide whether to buy or hold boils down to their ability to analyze the health of a property's cash flow, rental demand, and rent rates; because these will change over time for any income-producing property in... continue reading >>
Great Principal Credibility is a Key Factor in Real Estate Business Success - Build It
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Building credibility is an important an ongoing effort for real estate principals. You can go about your career and you will build credibility. However, putting your shoulder into the task and working at the process is more productive and more effective. A principal not only needs credibility, but they should determine what the elements of their credibility will be to the extent that they can.
What are the credibility building activities you can engage in as a principal or would be principal?
Industry event participation,
Public speaking,
Forums,
Committees,
Job assignments,
Writing,
Investment participation and development
Mobile Home Investment - Easy Just Got Easier!
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I know I get on my high horse a lot, but I think all of us in the mobile home biz community need to take more pride and make some more noise about what we choose to invest in. The more people I talk to the more negative, incorrect stereotypes about factory built homes. Spread the word and deals will become attracted to you. Your reputation will soon get around. Instant medium/big fish in a big lake!
In a quick week recap: I discovered an easy way for my tenant's bank accounts to be debited every month when their... continue reading >>
Why Focus on Investing in Land?
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There is almost no competition when you are investing in land, particularly if you concentrate on rural areas and tax delinquent land. When I say "tax delinquent", you may have some apprehension, because we are conditioned to believe that tax delinquent usually means useless. The truth is, while it does come with some low risk factors, tax delinquent land can be a great investment, especially when you know why and how you should get down in to business with such real estate.
As a real estate investor, I have made lots of money by using my own investing techniques,... continue reading >>
Real Estate Investors - Time Management Can Grow Your Business and Improve Your Life
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We always have more to do than time to do it in. That's why time management is probably the biggest component of the $19 billion self-help market.
It's also usually a core component for real estate investors training and coaching. You see, when you start getting more of the right things done on a daily basis, you will see huge performance gains.
My goal in this article is to give you the best resources and share my top takeaways from numerous books, years of courses and seminars, and all the real-world practice of the techniques I've learned as a... continue reading >>
Property Values and Housing Trades Will Be Knocked From Their Knees to the Ground April 22 by EPA
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Just When Things Were Bad, It Got Much, Much Worse
Property Values and Housing trades will be knocked from their knees to the ground April 22 by EPA.
Our nation's pivotal economic engine, the home building trades, who have already been knocked out of the business of building new homes in this economy, have struggled to eek out some flagging work in renovations. That consolation market now will be decimated by a government initiative to remedy a faulty product that was discontinued for use before many of these builders ever picked up a hammer for hire.
The new... continue reading >>
Who Else Wants to Know "The One Way" to Get Private Money?
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"Adam, what's the one way to get private money?" a man once asked me. I thought about it for a minute. Then, I thought about it for another minute. And then another.
Until there was an uncomfortable silence in the room.
Soon the man who asked the question cleared his throat: "uh-hm...". This pulled my attention from deep thought back over to him. During those few moments of silence, I reflected upon the private money I had raised (over seven figures, multiple times) and the deals I had done with private investors (hundreds) and I searched high and low... continue reading >>
Adding Lease Options to Your Real Estate Investment Portfolio
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The real estate market may have hit a serious downturn, but lease options are still a viable option for real estate investors searching for monthly cash flow. Lease options are a great way for a would-be buyer to purchase a home - and provide premium cash flow for investors at the same time.
A lease option gives the seller the right to purchase a property at a later date. Typically, the price is pre-set, but you can also have the buyer pay market value if the option is exercised.
Lease Options Explained
If you've got rental properties, a lease... continue reading >>
