Archive for July, 2008

The Most Costly Mistake You’ll Ever Make as a Creative Real Estate Investor

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,” […]

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How to Train Your Tenants : Real Estate Investing Property Management

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 […]

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59 “Must Know” Tips in Creative Real Estate Investing to Minimize Risk and Maximize Returns

59 “Must Know” Tips in Creative Real Estate Investing to Minimize Risk and Maximize Returns

As creative real estate investors, there are many strategies that we can implement in our businesses to minimize risk and therefore . . . Maximize Returns! When I first wrote down the idea for this post, I had a few things in mind to list and then something happened. I started to realize how many […]

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Warning: Be Prepared for the Worst as a Real Estate Investing Landlord

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 […]

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How to Find Great Contractors for Your Real Estate Investing Renovations

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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