Common Mistakes When Making Offers to Buy Real Estate
Probably one of the toughest parts of real estate investing is deciding what to offer for the property. Offer too little, and you lose the deal. Offer too much and there is no profit. Whether buying to renovate the house and resell; to keep it as a rental; or to sell...#1 Reason Investors Fail at Real Estate
I’ve been investing for over 20 years and have worked with hundreds – if not thousands – of investors and I can tell you that… The #1 reason that investors fail is a lack of consistency or tenacity. The #2 reason investors fail is they have unrealistic...Finding Deals
The only way to make a fortune investing in real estate is to find a steady stream of deals. That requires marketing. What many investors don’t realize about marketing is that it usually doesn’t work immediately. Why? First, because it requires repetition. There is so...Why you should consider a rehab first
If you want to be very successful at real estate investing and edge out your competition, you simply must invest in your marketing to find houses and to find buyers. Count on spending $1500 a month for every deal per month you want to close. You’ll spend more in a...Become a Samurai marketer
If you’ve been looking for houses in this market you know that it is a strong sellers’ market and the competition is fierce. If you are going to not just survive, but thrive, then you must become a Samurai marketer. In feudal Japan, the Samurai warrior protected the...Working With Hard Money Lenders
In this strong seller’s market, many investors are turning to rehabbing houses since you can sell them quickly – and usually at slightly above market prices. It’s a great strategy to maximize the profit from each deal that you find. Wholesaling is fantastic, but if...Controlling Properties With Minimal Earnest Money
You’ve heard that you should give only small earnest money deposits, but how do you handle the Seller’s objections? My mentoring clients ask me this all of the time, so I tell them how I handle it with Sellers… Before I get into that, let’s make sure you...Overcome The Obstacles
I cannot begin to describe to you just how amazing real estate investing is as a way to earn money and to become financially independent. I have been full time for over 20 years, and I would not trade the experience. But like anything worthwhile, it is not all a bed...How I Decide The Right Price
You’ve heard the adage: Profit is made when you buy the property. Simple, yet powerful. Unfortunately investors often forget that lesson and wind up paying too much for properties. If I am going to rehab a property and commit funds to that project, it is critical...
