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[Note: In Parts 1 and 2 of this series, we talked about keeping your real estate healthy. In Part 3, we highlighted ways to keep you and your family healthy should relocation enter your lives. Now, in art 4, we offer some tips on protecting your investment from fire.]
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Filed under Marketing, Property Management, Apartments, IncomePropertyInvestmentTalk.com, investment property, Multifamily, real estate investments, Real Estate Investor's Association, real estate strategy.
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There are only 24 hours in a day. That’s it. That’s all you and I get. No matter how wealthy you become, you can’t change that.
Time is the most precious commodity you have…..treat it like that, and don’t squander it. One of the nice things about money is that you can always make more of it, but that’s not so with time. If I make an investment that heads south and costs me money, it may bother me, but I don’t dwell on it. I know I can find another investment that will make up what I lost and then some.
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Filed under Marketing.
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Rehabbing an apartment building is not an art-form as some make it out to be. It’s about nuts and bolts of the business really. The success of your apartment rehab comes down to four basic things. One, the finished product must be pretty. Nothing fills up faster than a beautifully renovated building. Two, you must be in an area where you have “paying” tenants to market to. And your marketing strategy must be sharp and pointed. I’ve never seen a fully occupied apartment building that markets to the general public.
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Filed under Apartments, Commercial, Marketing, Rehabbing.
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Some days, newspaper headlines are a terrible place to get your real estate news.
Today is one of those days.
After the September New Home Sales report showed sales volume down from August, the mainstream media jumped on the story:
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Filed under Foreclosures.
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 The next 12 calendar days will be the most active buyer feeding frenzy in the past 2 years. So if you have a deal right now, get it on the market today….I’m talking right now, before you finish reading this! The $8000 tax credit expires on November 30th and therefore every buyer who has been on the fence for the past six months is being forced to make a home buying decision in the next 12 days. Why 12? Because it usually takes anywhere from 3 weeks to a month or more for most people to get their loan and close on the property. Since today is Tues, Oct 27th, buyers have basically this week and next week to make a buying decision or they lose the $8000 tax credit.
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Filed under Marketing, Preforeclosures, Short Sales, existing home sales, home buyer tax credit, home sales, tax credit.
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The big thing I hear typical real estate investors complain about today is that the banks won’t give them enough property. They’re stingy with REOs, they’re holding property back, and worse, they won’t loan, even when they say they will. What’s a real estate investor to do?
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Filed under Financing, Hard Money, Owner Finance, Private Lenders.
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A round robin auction is useful in selling a house in a fast way, without sacrificing a large amount of equity. The idea is to have as many people as possible visit the house for sale on the same day. Have them place bids on the house and then you sell the house to the highest bidder.
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Filed under Marketing.
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 Three years ago you would not have been able to find a single article in any newspaper or online publication about short sales. Today, there is an average of 5-10 new pieces each and every day. Over the course of a year, that translates to nearly 3000 different articles on short sales published every 12 months.
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Filed under Short Sales, Short Sale, short sale investor, Short Sales.
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