25 September 2011 | 9 replies
A better question, how do you live your life without thinking about Real Estate constantly?
17 October 2011 | 33 replies
Someone posted on here that your offering too much if you are constantly getting acceptances...
1 October 2011 | 5 replies
do some basic work and look at news papers that are paid for and go back a few months and see what adds have been running constantly. the ones that run all the time are the bread winners, the ones that dont runs after a few times are the ones that are worth less. read some of those and get some ideas and make it happen. it is very simple.
1 October 2011 | 10 replies
In my opinion anything other than a .com you are wasting money.Years ago I did the .net,.org thing and was a waste of money.You can make a .net,.org successful but it is much harder to grow than a .comA big debate currently is .mobi domains for (mobile) applications.At first everyone was jumping on it but now I see big companies still use .com instead and they have a mobile version of their website that fits the phone screens.So if they have decided not to do .mobi than usually they have spent a bunch of money testing it.This is the same with commercial real estate.Developers watch to see if a Wal-mart if going in.Wal-mart spends massive amounts of money and time on feasibility studies that go out 5 years in site selection.So the little guys let Wal-mart do the heavy lifting with the studies.Targeted marketing always out pulls general sites.Take FOR INSTANCE biggerpockets.com.The message is a place for investors to meet up to discuss investing in real estate.That is the primary mission it seems to me.If it just said biggerrealestate.com and was a free for all for everything users would be pouring over content not relevant to them.So I would have multiple niches but FIRST get one niche going to where you have systems in place and on auto-pilot generating business every month THEN add another niche in to build multiple streams of revenue.You will have multiple sources of income when one stream dips a little the other is really good and they average out.It will also give you a trackable,salable business where you show the business generates xx on it's own.If YOU are the business then you have nothing to sell.
23 November 2011 | 10 replies
If there are vans constantly coming and going it sounds like a nuisance to me.
1 December 2011 | 24 replies
The only thing I can think is that this house was a REO that had a decent sized hole in the roof (big enough that when it rained a small stream of water literally came through what was left of the ceiling).
3 December 2011 | 5 replies
Is your radio show podcasted or streamed?
9 December 2011 | 7 replies
Put simply You get much more bang for your buck on multi families VS SF.Take a 4 family for example: you are getting 4 income streams while paying taxes, insurance on one property.
8 December 2011 | 4 replies
Forgot to mention after the tenants have been there awhile and become attached to the place from you being a good landlord you can raise the rents closer to market but not at the top.It will cost them so much to move and first and last month down along with security deposit.So they will weigh this versus paying another 50 or 60 bucks a month in a years time.Most tenants will opt to stay as they do not have THOUSANDS of extra cash today to move to save 50 a month.They do however usually have the ability to cover an extra 50 a month rather than move.It just depends on who your tenant base will be.If the tenants are lower income expect more moving and higher amounts of trash each week from hand me downs.They constantly get hand me downs and they only last for a short time so you get a bunch of old TV's,couches,beds,tables,etc. that need to be thrown in the trash.They are not supposed to but they will be dumped at your big trash bin or if you have small ones will be left on the road.You have to make sure you can get bulk pick up for your area.Could go on forever.For your first one you might want to buy one semi-performing before taking this on.The downside there is it will take awhile before you can get bad tenants out before performing the rehab but the upside is usually rehab costs are less than a totally vacant building.Good Luck
10 December 2011 | 5 replies
Secondly if you have a customer service# I start to get suspicious when I call that # all hours of the day and night and it is constantly busy.