Financial Analysis of the Deal: A Real Estate Investor's Most Important Skill?
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Rather than just give you my analysis spreadsheets, my objective with this article is to show you how to develop your own. It is critical that you learn how to do so if you are to succeed at real estate and I want to encourage you to begin "playing" with Excel as soon as possible. This will be far more beneficial to you than giving a cursory glance to someone else's work because it is easy enough to understand. Consider this a case of teaching you how to fish and feeding you for a lifetime rather than... continue reading >>
Real Estate Investing's Dirty Little Secret
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The Whole Truth About Real Estate InvestingI know you probably came here looking for a bunch of secret tips and methods that the real estate experts use to make "the big money" in real estate. Well, while I can and will give you a bunch of good tips, the truth is that none of them are great secrets known only to the wealthy. I've revealed a bunch of things for you to look out for in the report "7 Traps of Real Estate Investing" but in my opinion, there is one secret that trumps all the rest... continue reading >>
5 Step Plan for Getting Started in Real Estate Investing
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If you haven't already read them you may want to go back and check out the following two posts which really set the stage for this one:
Experience is the Best Teacher of Real Estate InvestorsStrategic Real Estate Investing: The Missing Piece of the Puzzle?
If you've read these previous posts, it should be fairly obvious to you that I believe the most important thing for would-be investors is to TAKE ACTION early in the process. I have spoken about the concept of looking at your first deals as "training deals" because the most important thing that will come... continue reading >>
Strategic Real Estate Investing: The Missing Piece of the Puzzle?
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It's time to get real. Let's be honest for a moment and look at the results the average person is getting with the masses of real estate investing information that's available today. A frightfully low percentage of people that attend the typical real estate investing seminar or bootcamp go on to build a real estate business of any significance. Why? According to Brad Wozny, 92% of all investors fail in their first three months. Why?
Why are people having such problems with real estate investing:
buying lots of educational products but not having the confidence to use themnever getting... continue reading >>
Is There EVER a "Sure Thing" in Real Estate Investing?
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When I think back to when I got started as a real estate investor and try to put myself in those shoes again I remember the things I was looking for at the time were very much about minimizing risk.
At the time, I desperately wanted a mentor to support me (or tell me exactly which deals to do). I'm sure many, many newbies would love to have a Robert Kiyosaki as a friend so he could just tell them which deals are good and which ones to stay away from. And I'm also sure I've heard Robert... continue reading >>