Quick Formula to Determine Your Offer Price and Repair Costs
Thursday, June 16
Lee Arnold is a season private moneylender who sees over 200 loan applications a day. In my conversation with Lee, I was able to get a lender’s perspective how he believes investors need to be approaching deals to beat out the competition, especially in today’s competitive market.The best advice ...
How Being Authentic Will Lead to New Clients and New Opportunities
Wednesday, June 15
In a conversation I had with Marie Dahl Kell, who is a Prestige Real Estate Consultant based in Denmark, I learned how being your authentic self ensures that you have a strong growing business, as well as have a positive impact on your personal life.Two and a half years ago, Marie moved to France...
Why Hiring a Mentor is a MUST!
Tuesday, June 14
During a conversation I had with Jay St. Hilaire, I learned how he was able to close over 140 deals since he began investing in 2009, while continuing to work a full-time job! How did he do it? By finding an experience, successful mentor.Jay’s best advice that he would give to ANY investor, wheth...
4 Benefits When Investing in a Smaller Area
Monday, June 13
Here are 4 benefits an investor will have when they focus on investing in a smaller target area:Spend less time on researchBy focusing on a smaller area, you will ultimately minimize the amount of time you spend on market research. Obviously, it takes less time to research a 3 square mile area th...
11 Critical Questions to Ask When Buying Apartments
Tuesday, July 01
Anytime you evaluate an apartment community you need to know the income, expenses and debt service. You also need to get answers to these 11 questions… Why is the seller selling? 1031 exchange sellers have a completely different motivation level than sellers looking to “entertain offers”. Estate ...
When Do You Walk Away From A Deal? When THIS Happens.
Thursday, June 12
I will always follow the “don’t let a deal die on your side of the table” philosophy. There is really never a reason to not offer SOMETHING to the seller.Or, at least that’s what I used to think.This week I was sent a deal for a 351-unit apartment community in Dayton, Ohio. I was told it is a dis...