Rules of Thumb and Analysis Paralysis
Friday, October 04
There are dozens of metrics that you can use to evaluate a potential real estate investment, but too many rules can be a burden and cause "analysis paralysis". Further, not every piece of data can be quantified and there are many subjective factors that must be assessed in order to become a great...
The Error of Waiting for "The Crash"
Tuesday, October 01
One of the many stumbling blocks for real estate investors is the idea that they can wait for the perfect time to buy. If you find yourself "waiting for the market to crash" you may want to consider the possibility that you're actually just afraid. A few weeks ago I was out with some clients who...
Setting Realistic Goals
Wednesday, September 25
It's great to have big goals but if they're too big, too unrealistic, and too far away, they may prevent you from taking action NOW. As the old saying goes, "you can't eat an elephant in one bite". Well, the same goes for beginner real estate investors: you (generally) can't buy 10 properties in...
Real Estate Investment Megatrend: Urbanization
Thursday, April 04
Real Estate Mega Trends: UrbanizationOne of my personal theories that helps me think about real estate investing is the idea of "urbanization". Urbanization refers to the movement of people and businesses away from rural areas to dense urban cores. This trend has been in tact for the past severa...