Negotiation is a direct part of almost everything you do in the world of real estate. In addition to negotiating the best possible price on every offer you make, you negotiate with your contractor, property manager, and possibly even tenants without even knowing it. The better you are at negotiation, the greater the impact you […]
Tag Archives: real estate investor
Estimate An Accurate ARV
One of the major components of a successful house flip is properly estimating the after-repair value. You can do great work on the property but if you are off the mark with your ARV the deal won’t be as successful as you anticipated. Experienced rehabbers understand that simply making improvements doesn’t always increase the value. […]
Eviction: How Do You Handle It?
If you own rental property long enough, eventually you will be faced with an eviction. Every landlord thinks evictions will never happen on their properties, but they are more common than you may think. Your tenant can be great for eight months and then out of the blue be hit with an unexpected financial setback. This […]
Tips to Run a Better Business
As a real estate investor, you have the reins in your hands when it comes to your business. One of the key shifts new investors often experience is the transition from simply making offers to running a full-fledged business. It’s essential to approach real estate as more than just transactions. Ultimately, no matter how many […]
BRRRR – The Investing Method
The BRRRR method, popular in residential real estate investing, stands for Buy, Rehab, Rent, Refinance, Repeat. This strategy involves acquiring distressed properties, renovating them, renting for continuous income, and refinancing to accumulate equity for future investments. It’s like house-flipping with long-term financial growth in mind. The BRRRR method – What is it? The BRRRR method […]
Notice of Default – What it is in Real Estate
Ever found yourself face-to-face with a Notice of Default? To put it simply, a Notice of Default is a lender’s initial step toward foreclosure, but understanding it helps you navigate the process and protect your financial future. What is a Notice of Default? A Notice of Default is a public notice filed with a state […]
Judgment Liens: What You Need to Know
If you’re looking to purchase a property or already own one, you may have heard of judgment liens. But what exactly are they, and how do they affect your real estate investment? What is a judgment lien? In simple terms, a judgment lien is a court-ordered claim placed on a property by a creditor who […]
What about Hardwood floors?
Ready to upgrade your home and get a great return on investment? Look no further than hardwood flooring! It’s a project that not only adds beauty and warmth to your space but also boosts your property’s value when you decide to sell. In this article, we’ll cover hardwood flooring types, installation tips, and costs. Get […]
Throw Your Trash Away
Haul away your household trash, or hire the job out. Here’s a guide to help you decide. Whether it’s years of accumulated clutter, old appliances, or household chemicals, it has to go. Is it a DIY job? Or do you need to call in the professionals? Here’s what you need to know. Identify the different […]
Short Sales – Pros and Cons
Every day, hundreds of short-sale deals are made. The real estate investing niche that was formerly the most well-liked has remained relevant in recent years. Even if there aren’t as many deep discounts available, there are still a lot of great offers you can find. Identifying properties where you can add value is key to any […]