August 10th, 2012
Are you a new investor? Many aspiring real estate investors have come to me for guidance to help them with the following real estate investing questions.
Read the rest of this entry “
No Comments "
August 3rd, 2012
Over the years, many aspiring real estate investors have come to me for guidance. They typically have pages of questions, which I patiently answer. Here is a real estate investing question I am often asked:
Read the rest of this entry “
No Comments "
March 12th, 2012
There are over 21 ways to make money in real estate investing. I’ve been investing since the 80′s and can tell you that each of these ways have been tried and proven to be legal and successful ways to make money in real estate. In Part I of Way to Make Money in Real Estate Investing investors were given the first 10 different ways to invest in real estate. Below is the last 11 ways that I know of to make money in real estate investing: Read the rest of this entry “
No Comments "
February 20th, 2012
I’ve been a conservative investor who has been very pedestrian along the path to becoming a mogul. I buy well-located buildings and plan to hold on to them forever. I learned most of what I know from books or from observing my fellow investors.
Read the rest of this entry “
No Comments "
January 25th, 2012
The syndicator can be compensated at the end in two different ways: 1) by receiving a share of the profits when the property is sold; or 2) by receiving some of the refinancing proceeds.
Read the rest of this entry “
No Comments "
December 14th, 2011
Sometimes we, or our properties, fall into “the worst of times”, and our best option may be to sell. Let’s briefly consider some of these unfortunate situations that may put us or our heirs in a position where selling our investment real estate is the best option. Read the rest of this entry “
No Comments "
October 31st, 2011
I wondered, “What am I getting myself into buying an apartment building?” My two years of training at the University of Chicago in business administration didn’t include one minute of instruction in setting rents, showing apartments, or evicting non-paying tenants.
Read the rest of this entry “
No Comments "
September 23rd, 2011
My experience has been in managing residential real estate, and my comments in this blog post focus on that.
When you acquire a property you plan to hold, you then have to decide how you will manage it. Your initial choices are simple: you can do it yourself or you can pay a management company to do it for you. Each approach has advantages and disadvantages. Read the rest of this entry “
No Comments "
September 2nd, 2011
For my first – I was scared. In response to this fear, I went to my local bookstore and bought several books on managing apartment buildings. During the two months before the closing, I read all of them. I developed forms and leases, had rental ads ready to go in the event of vacancies, and even spent my weekends looking at available rentals in the neighborhood, so I could price my units correctly.
Read the rest of this entry “
No Comments "
August 9th, 2011
I do not attend closings. Every property I bought after the house in Pittsburgh has worked out well. That’s seventeen profitable purchases in a row. Not attending closings sure makes a difference for me. I am up-front with my attorneys and lenders about not attending closings. They know that all the documents have to be ready a few days ahead of time for me to review.
Read the rest of this entry “
No Comments "
Recent Comments