TO BEGIN Creative financing is nothing new. The truly successful real estate investors have financed their properties creatively for years. Their reasoning should be obvious: the whole idea is to acquire big assets by spending very little. Or, to put it another way, the more you own, the richer you are. But lately another element [...]
EXAMPLES OF CREATIVE PROBLEM SOLVING A real estate investor with partners creatively bought a 60-unit apartment building with a very small amount of money as down payment. He then converted the apartments to condominiums and sold them in blocks of five and six to still other investors at nearly twice the price he had originally [...]
HOW TO SOLVE PROBLEMS CREATIVELY Here is one of the costliest misconceptions that you could suffer from as a beginning investor in real estate. That there is some “standard” way of paying money owned or that there has to be a payment in the first place. Consider, if a buyer and a seller agree to [...]
YOU HAVE LOTS OF CHOICES This text has not been designed just to prepare you intellectually on how to become a successful investor, but it also serves to give you practical and workable strategies to attain that goal. You also have here a variety of creative techniques to employ along the way, and the subject [...]
HOW TO DEVELOP SELF-ESTEEM Self-esteem probably ought to be your first goal for development, especially as you try to rekindle the spark of your own creativity. Confidence and capability are a big part of self-esteem. You must first — and always — ask yourself what you (as opposed to anyone else) want, but then you [...]