What is Real Estate Investment Strategy Best Suited for YOU?
There are many real estate strategies and there is no one-size-fits-all. It all depends on your goals and objectives, what stage you are in life, risk tolerance and where you are financially.
Let me explain in a detail each of the most common strategies and then you can determine which fits best in your specific situation. Below are the strategies and you can be as creative as your mind will take you once you’re in the real estate investment business.
Wholesale – Real estate wholesalers
Tips to spend time with family as busy Entrepreneurs
“Family is not an important thing, it's everything. “by Michael J. Fox
For many of you out there who are workaholics, I am sure you know how important it is for you to spend quality time with your family and friends. In fact, spending time with people you love is the most important thing you could do in your day.
I used to work a lot of hours during the days when I started two new business. Then my husband and I welcome a little boy into our world. I know I want my business to be successful,…
HOW TO LIVE A LIFE WITH ABUNDANCE
The world in which we live in constantly creates a whole lot of everything. They all surround us with rich prosperity, rich health, rich fortune, relationships, opportunities, yes, abundance of all the things we might ever want.
You know, there can be as much and as little in our minds. And the key to living a life with abundance is to open your mind, your eyes, and your ears. Abundant life is possible. But you'll have to change the way you think and the way you perceive the world. Abundance is…
Five core steps to achieve financial independence through income property investments.
I was very grateful to turn our old primary home into a rental when we purchased a new home. It was when I discovered the monthly cash flow a rental generates and that opened my curiosity to learn more. Throughout these 16 years, I made a lot of mistakes that allowed me to master the process and system to buy/sell each property investment.
These are the 5 core steps that I follow religiously for each new purchase.
1. Know your finance No matter what you do, I believe it is important that …
How can we have more time?
I recent received emails from many of you asking one similar question about having time to learn and to buy your first real estate income producing property, while still working on a full-time job.
Here are a few tips that I was able to crave out time from my daily busy schedule while running a mortgage business, being a mom and a wife. I will tell you it was not easy, but I made it work at the beginning of my real estate business.
First, you must monitor how you spend your time daily; you wi…
How to buy your 1st rental property when you have a full time job?
Buying your first rental property can be challenging when you first starting out and do not know what direction to take. You have heard so many people making a lot of money in real estate. I share with you that is the fact and you heard it correctly. But I also want to warn you it will take time and commitment on your part to make it happens correctly.
I accidentally become a real estate investor because I bought a new home and my previous home turned into a rental. I saw the benefit of receivi…
Why investing in Real Estate is better choice for long term holding than investing in stocks and bonds?
There are 5 critical KEYS elements that allow you to build wealth for future and also allow you to live a lifestyle by your design though investing in Real Estate.
Real estate investment is an “IDEAL” investment vehicle that allows you to achieve financial freedom. Let me break them down some keys components so you deepen knowledge in this business. Why I chose to invest in real estate is not just about building passive income, but also building wealth for the future.
I – Income:
You will …
Tips on How to Hire Property Management Company
Property management is an important factor for effective handling of real estate. But owners with multiple units such as office buildings or apartments, the complexity of it would require you to hire a house management company that will name an on-site manager. The company is your representative who takes action that is responsible for the reputation of your company.
Before hiring a company, make a valuation first for what your home administration needs. Evaluate this need by knowing what type o…
Tips For Buying Rental Property Without Making Mistakes
Many people buy properties and hire them to boost their income. Rental investments can be particularly attractive to those who are unwilling to risk investing their investment in shares or bonds. Investing in a home can, however, also have its problems.
The reality is that the ownership of a rental property is not for everyone. Unless you have multiple properties and plan to have succeeded with you, it is the management and repair of that feature for you. It really depends on how much time you …
The Pros and Cons of Becoming a Hard Money Lender
Hard Money will be given to you if you have no place to go. Your credit scores are abysmally low - below 620; Consider the 300-400 range. You have a history of defaulted, late prepaid payments, missed repayments, bankruptcy (under your crowd of crimes). No lender would accept you. Those are the worse scenarios. But you want that house.
Hard money lenders can consider you.
Because they look is the value of your home instead of your credit rating or history. Of course, some can do somethin…