RealtyBizNews: Real Estate News
With the latest on mortgages, refinancing, real estate & home tips
Real estate investing is about big deals and as such, much depends on the investor having and maintaining credibility within the profession. Whether you work with clients, partners, associates, or competitors, your credibility is on the line every single day. What follows are 15 things you need to consistently be doing to maintain your good […]
When you think about commercial real estate investments, you probably think of apartment buildings, office space, retail, industrial, and hotels. In recent years, Institutional investors and developers have been narrowing their investment horizon into niches of these traditional and not so traditional sectors. They’ve been specializing in niches like student housing, seniors housing, medical office […]
When you are running your own real estate investing business, it’s essential that you have well organized and up to date accounting books. It doesn’t matter if you have 1 property or 15 properties. It doesn’t matter if you have rental properties or are flipping houses or both. Each property must have a separate account. […]
A full time rehab investor needs to manage the four phases of every deal. Becoming a rehab millionaire means having at least 16 deals in work every month and maybe more. Four deals turning a $20,000 profit each month will bring in $960,000 each year. If you’re only turning two houses each year, you’re going […]
Selling on the MLS. By far, the most effective and the fastest way for you to sell a property is through the MLS, using a seller’s agent that stays in contact with buyer’s agents. “WOW” Factor When a potential buyer views a property, you want them to experience the “wow factor.” What is the wow […]
Real estate investing is serious business where serious wealth is created. Creating that wealth is not magic. It takes planning. Specifically a solid real estate investment business plan. Solid business plans can easily run 50 pages or longer. Serious investors first read the executive summary before diving into the full plan to determine if the […]
It’s crucial you understand the different markets within a certain area. A good place to start is by breaking your market into six different price levels. What this refers to is the retail price within a certain area. Here are the different price levels you might consider: Price Level 1: under $100,000 Price Level 2: […]
There are several ways to save time and money in the landlord business. Some of the ideas shared here are probably familiar to you and some might not apply but some will. If you have ideas about saving time and money managing rentals please share with others by posting them in the comments below. Paint […]
This is a continuation from a previous article written about Fast Rehabbing. Hiring a general contractor to rehab your property is the lazy way out that will cost you money in the end. If you are serious about becoming a successful fix and flip investor, make the time investment in yourself to learn how to […]
When it comes to managing a rehab, the number one thing to always remember is “time is money.” Not only do you have the cost of capital but the sooner you complete the rehab, list it for sale, get a buyer under contract, and close on the sale, the sooner you can find another deal […]
