Always Pay Your Lender
Thursday, October 06
In the real estate investment world, your money source means everything. With out money, you have quite a rough time closing deals. Having a good relationship with a reliable lender goes a long way. You want to have a lender that is able to be one call or email away in order to get a deal done...
Only Flip As Many Properties As You Can See In One Day
Wednesday, October 05
Each flipper has a unique pattern or fingerprint to their business. They all run their operation a little bit different. Some like to do a few flips a year and make wide margins. Some like to do many flips a year and make moderate margins. Some work on their own projects and other don't know ...
1/10th Of Your Income Makes You Rich
Tuesday, October 04
After rereading 'The Richest Man In Babylon' I felt there were some concepts that could you be firmed up and revisited. Most of the ideas in the book are things that most people already know, but the book does a nice job of putting the ideas into unique context. One of the leading thoughts is t...
Wholesale Properties To Reduce Risk
Monday, October 03
People seem to have very mixed opinions on wholesaling in real estate. I notice it in our local Philadelphia market as well as across internet forums. I believe wholesaling can sometimes have a bad reputation because it is the point of entry for most investors into real estate investing. It is...
Why Is Reputation So Important
Thursday, September 29
Reputation is possibly the most important thing for you to build and defend in the business world. In Warren Buffett's auto biography it is stated near the end that he believes it is his most valuable asset. How can reputation be so important? Think of it like this. Reputation is the expectat...
Real Estate Cycles And How To See Them
Wednesday, September 28
Real estate cycles have gone from start to finish many times in our nations economic history. A quick google search would give the dates and events that lead to them over the last one hundred years. It appears that our economic psychology as a society will never change as we repeat the same mis...