Archive for May, 2008
Overnight Successes Never Are. You just didn’t notice the work.
I heard a statement the other day that caught my attention…
Overnight successes never are. You just didn’t notice the work they were doing to build it.
That statement couldn’t be any more true. How committed are you to being successful in real estate or in any business, for that matter? In order to be […]
Education = Success.
I see it time and time again. “Experienced” agents are so busy in their disorganized business that they neglect their education. To me, education is key. It’s the closest thing to a “shortcut” that you’ll ever find when climbing the latter to success.
Look around. A large percentage of the real estate industry […]
There is no secret plan.
There are more and more companies than ever before that will show you the “secret to success in real estate.” Add to that the issue that so much information is available online, everyone has become an “expert” in real estate and you have quite a mess on your hands. Today, not only […]
Read More..>>Sellers, how do you compete against DESPERATE sellers?
I recently had the situation arise where a buyer I was working with was drawn away from a beautiful home, for the chance to buy a short sale. Unfortunately, this is not the first time I have seen this and it got me to thinking. How are my sellers supposed to compete […]
Read More..>>Don’t put all your Eggs in One Basket.
Now is the perfect time to consider investing in the real estate market. But, you should NOT just run out and buy the first property that comes along. There is some planning that you should do first.
With that said, don’t put all your money into one basket. In order to invest smartly, […]
Foreclosures. Do Your Research! (Part 4)
Thorough research should be REQUIRED if you are interested in purchasing a foreclosure. This is research that you need to have completed before the morning of the auction. Purchasing a property without doing your research can result in very unwanted and costly surprises. Keep in mind that even the most diligent […]
Read More..>>Foreclosures. How long before it’s mine? (Part 3)
If you are considering buying a property at a tax foreclosure auction, there are many RISKS you should be aware of. Remember, auctions are BUYER BEWARE sales. I can’t stress that enough. The County will make no representation about anything regarding that property, so it’s up to you to deal with […]
Read More..>>Buying a Foreclosure? Think First. (Part 2)
There is a misconception out there. Many beginning investors and homebuyers automatically think foreclosures are a good deal. Unfortunately, I’m here to tell you they rarely live up to the “hype” and they are certainly not easy.
Sellers who go into foreclosure will stop making payments for a variety of reasons. There […]
Foreclosures. It goes back to supply & demand (Part 1)
Think about it this way. Real Estate is all about supply and demand. In my area, almost all short sales and foreclosures are listed through our multiple listing service. These homes are available on the market, just like all the other homes in the area. Good investors do not like to get […]
Read More..>>Investors. Don’t Get Stuck in the Dark. (Part 5 - final)
To wrap up this series on investment properties, let’s take a look at some final pieces to keep your investment an investment. If you haven’t read previous articles, start here for some worth while information on how to look at investing.
Investment-Income Producing Properties are a wonderful thing to have. While everyone else is waiting for […]