Tip: Use Rehabbing to Vastly Increase Your Credit Score
I was sharing this tip the other day with one of my personal clients, and he said: “Wow, I wish I had known this a couple years ago. I’d be in a lot different position right now.” So I thought I should share it with you too. You can use your...The Challenge of Starting in Real Estate Investing
At times it may feel overwhelming to move your real estate investing forward. You may even feel like it is impossible for you. You might even begin to think that only “other people” can be successful, but the decks are stacked against you. I’m here to tell you that is...5 Keys to Great Marketing Campaigns
A successful marketing campaign is the foundation of your business. Here are 5 keys to creating a successful marketing campaign: Define the best prospect pool. To whom will you market? If would be nice if every single person could receive your marketing message – but...How much money do you really make as a real estate investor?
The question so many ask about real estate investing is how much can you realistically make as an investor? If you listen to the hype and the marketing you’d conclude that you don’t have to do much, if any work; you don’t have to spend any money (other than for their...Understanding Hard Money
There still seems to be much confusion about hard money loans (HML) so I wanted to take a moment to clear that up. Let’s begin by defining a hard money lender. They understand that they are lending to real estate investors on dilapidated properties that require...Ethics, The Law, and Real Estate
In the last week I’ve had three different conversations about ethics and legalities as they pertain to real estate. The first adage that comes to mind of course is: “Just because it is legal doesn’t make it right.” Let’s separate these for a minute, and start with...Case Study: Creating More Profits in Deals
This morning I was reviewing several deals with one of my mentoring clients. As we went through the list we came to one that he is purchasing to fix and flip. It’s an unusual deal already because he did a lease option on the property and has already been renovating...Don’t Fear Making Offers
A huge fear for investors getting started in the business is actually making offers to purchase property. Of course, you can’t wholesale any houses if you never make any offers to buy and get them under contract. Is that your fear? Are you afraid to make offers?...Ask These Questions for Hard Money Loans
I was recently consulting (actually I was consoling)with a real estate investor who just closed on a property using a hard money loan and realized at closing how much that loan had cost him in both hard costs and loss of cash flow. If you’re thinking of using a Hard...
