The Housing Rebound – A False Sense Resulting in Hyperactivity?
Saturday, March 02
Clearly there is a major market shift going on. The question is, how long will we see this hyperactivity, multiple offers and rising prices? I want to share with you a few of my thoughts.Normally real estate is cyclical. Of course other geographical areas have specific issues to their areas, b...
Successful REI's Learn MORE from Their Mistakes than Their Successes
Sunday, October 14
I read an article the other day speaking about entrepreneurs (me, and you) and the question was "What does it take to make someone a great entrepreneur?" That got me thinking ..."What does it take to make someone a Great Real Estate Investor?"I know many try real estate investing because of a la...
On Bid-Rigging and Buying Foreclosures on the Courthouse Steps
Saturday, June 30
I can no longer say I'm a newbie real estate investor since I've passed the 3 year mark of since my original real estate education from the high priced seminar industries. Unfortunately this brings the passing of the innocence of the new real estate investor. I see this with new graduates from s...
Real Estate Investing and the "Trust Me" Guy
Saturday, May 26
Several months ago I was "sort of" stuck with a property I really wanted to wholesale to another. I advertised on Craigslist and other sites, hoping to pass the rehab to another with absolutely NO LUCK! I got the property at a pretty good price, the comps were pretty solid, yet I had no takers....
What if Someone Died a Violent Death in Your Rehab?
Sunday, February 19
Some of your best deals can be found in Probate Courts. So the question today was: How successful can I be at reselling a rehabbed house where someone committed suicide?The answer is: Not to successful. There is now a stigma at that property...the neighbors will always know that property as the...
The Unthinkable - Who Dropped the Ball?
Wednesday, December 07
Who's job is it to make sure the buyer of your rehabbed property actually pays the earnest money deposit?Is it:The buyer's agent?The escrow officer?The listing agent?None of the above?I'm still learning real estate...I've done a couple of handfuls worth of deals...I've made mistakes, all include ...