When you begin your real estate investment activities, whether you know it or not, you are playing a “numbers game.” This is not a lottery, an illegal racket, or running numbers for some neighborhood bookie. No, this is merely the same legal–and necessary–activity engaged in by every successful salesperson on earth: bang on enough doors [...]
You will soon descover tht finding flexible sellers is truly your key to success as an investor in real estate. You need to realize that, in any given market place, upwards of 80% to 85% of the sellers are firm on their terms or firm on their asking prices. They do not wish to negotiate [...]
You can acquire information about the single-family home market fairly easily. It is one of the most-cited indications of economic conditions in the United States. “Boom” periods are often labeled such because of the number of new single-family homes being built, bought, and sold. One reason why this is so easy to track is because [...]
Unquestionably, unless you’re an expert in other areas of real estate and land development, you should be looking for your first investments toward income-producing properties. These are properties that produce an ongoing flow of cash from rental income. Whether that cash flow is positive or negative (a significant subject discussed at great length throughout my [...]
Once you’ve decided to pursue real estate investing, you have to find the right real estate. That is, now that you’ve decided to make real estate investments, the thing you’ll need to do next is locate those properties in which you will want to invest. To do this successfully, you’ll also need to know what [...]
