How Much Do I Pay for a Deal?

If I had a nickel for every time I get asked this question… well, you get the idea. The real question isn’t “How much do I pay for a deal?” Rather, it should be “What’s the most I can pay and still make a comfortable profit?” I’m sure you, like me, are always willing to pay less, so the real key is knowing your “walk-away-and-look-at-the-next-deal” point. Bid any more, and the potential profit is no longer enough to keep your interest. We’ll call this your Maximum Bid Price, and heck, let’s go … [Read more...]

Real Estate Investing Secrets – Tips from the Pros

Have you ever wondered why some people seem to be successful at whatever they do while others fail? It all comes down to knowing what really works and what does not. Every industry has “best practices” that companies use to ensure success. Real Estate investing is an industry that has its own best practices or “secrets”. This knowledge can make the critical difference between success and failure in your real estate investment transactions. These top ten are the ones every investor will want to … [Read more...]

Three Things That are Important

Three Things That are Important To be successful at real estate investing, you need to know the top three things that are important. While location is important in some cases, the best investment deals may not be located in prime real estate locations. A good reputation will go a long way in the real estate market. Businesses with a good reputation have more clients, receive more feedback that is positive and are trusted by the communities in which they operate. Creative financing options … [Read more...]