Checklist for selecting the right NNN building
Wednesday, September 30
When you are selecting a NNN single tenant building with a tenant already occupying it, with a good lease, you still need to make sure the property itself has the right criteria for long-term success. Here is a checklist of what I look for: 1. Current lease: First of all of course if the property...
Scaling your business through Franchising
Wednesday, September 30
A general lesson I instill to my network of entrepreneurs through eFreedom2013.com is that every successful business has to go through 4 Stages: 1. Creating a profitable System in the 3 key areas: Marketing, operations and finance2. Automating the business processes by developing the key people a...
The benefits of owning a storage unit vs leasing one
Wednesday, September 30
The benefits of owning a storage unit vs leasing one (A checklist from the individual owner/user viewpoint) I want to explain why many storage facilities customers become owner/users and more would prefer to own the space instead of renting: 1. There are some inherit disadvantages in any le...
Two ways to make money in real estate and a dozen ways to lose it all.
Friday, September 25
Make money in RE: 1. Buy and sella. Buy and sell as-isb. Buy, fix and sell 2.Buy and hold:a. Buy and hold based on per unit price b. Buy and hold based on a per sq ft price Sooner or later you will mature enough to: 1. Buy and hold instead of keep buying and selling2. Buy and hold the type of pr...
From survival to prosperity
Friday, September 25
Nature gave us “pain” as a warning device to tell us that we are approaching or that we have exceeded our limits mentally, emotionally or physically in some way. This is our default mechanism for Survival. At the same time, we know that if we wish to become stronger, we must push forward and nu...
A simple success formula for real estate brokers
Thursday, September 24
If you are a real estate broker you truly have only 3 types of buyers: 1) Buyer A who will keep the property for personal use to live in 2) Buyer B who will resell the property for capital gain to profit 3) Buyer C who will keep for property for cash flow to get income The focus and hot selling ...