Archive for July, 2008
The Most Costly Mistake You’ll Ever Make as a Creative Real Estate Investor
Have you ever read or heard about a killer deal that a real estate investor did and thought to yourself, “Why in the world would the seller ever accept an offer like that?” or “I could never make that kind of an offer” or “How do you talk someone into that?” If you answered “yes,” […]
Continue Reading »How to Train Your Tenants : Real Estate Investing Property Management
It is amazing how quickly the tenant/landlord relationship can be defined and redefined. You must lay the groundwork for how the relationship will work from the start. If you lack an iron fist up front, it will be hard to enforce your rights later on. When you try, your tenants will accuse you of “being […]
Continue Reading »Warning: Be Prepared for the Worst as a Real Estate Investing Landlord
Got a call from one of our contractors yesterday who opened the conversation by saying, “You might want to sit down for this one.” Never what you want to hear especially when you’ve already spent a lot of money in a property, know you’re about to be spending more, and that the expenses aren’t your […]
Continue Reading »How to Find Great Contractors for Your Real Estate Investing Renovations
Once you find a potential contractor for your renovation, your work is far from over. You’ll want to do background checks, call their references, review their accountabilities, determine their expected pay and method of payment, among other things. When I’m interviewing potential contractors, I rely on my gut feelings more often than not. If a […]
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