Operations
Your operations define your long-term success in real estate investing. Fine-tune your process with: Asset Management | Asset Protection | Deal Analysis | Fundamentals | Growth | Lead Generation | Risk Management
Back To: All Topics
Operations
Your operations define your long-term success in real estate investing. Fine-tune your process with: Asset Management | Asset Protection | Deal Analysis | Fundamentals | Growth | Lead Generation | Risk Management
Back To: All Topics
The part-time real estate investor is suddenly in demand
When I look at the successful part-time investors — and I draw on my own experience here in Dallas where I started as a part-time investor — I see them succeed when they treat it like a business. It is not a hobby or get-rich-quick solution, and it’s not a ...
How to Select the Best Home Improvements to Increase Resale Value
It’s tough to know which home improvement projects are worth your time when the ultimate goal is to increase your return on the investment (ROI). Many home upgrades cost more to complete with supplies and labor than they recoup. According to Remodeling Magazine, on average, only 64.4 percent of home ...
Getting the most bang for your rehabbing buck
It seems like with all the TV shows out there nowadays, everybody has heard the term “fix-and-flip.” But what does that really mean, and will that be a viable strategy for you as an investor? Very simply, fix-and-flip involves buying a property at a discounted cost, renovating (or fixing) it, ...
This is a terrible house, so why am I excited? Profit, baby!
I love this deal! We are under contract for this house for $60,000. As you can see in the video for Real Estate Deal Talk Episode 22, it is in terrible condition. So why am I excited? Because of what’s going on across the street. That is a one-story, three-bedroom, ...
Passive Investing in Active Value-Add Real Estate
Many of the most interesting real estate investment opportunities involve “value-add” situations—renovation or redevelopment projects that aim at repositioning a property to a higher price point. The value-add strategy is often considered to have medium to high risk, but the returns can be potentially high as well. The Different Approaches ...
Start with What You Have: Beginning to Invest in Real Estate
Are you one of those would-be investors sitting on the sidelines because you think you may not necessarily be qualified enough, you may not necessarily know enough and you may not necessarily be strong enough financially to invest in real estate right now? I was there once. Let me tell ...
Key to a Great Team: Hire Slowly and Fire Quickly
When you realize someone on your team is a bad fit or you otherwise need to cut ties with them, how do you do that? One word: Quickly! That conclusion is the result of a lot of heartache I have endured—but also have learned from—in hiring and firing over 20 ...
Sometimes After You Run the Numbers, You Need to Run Away From the Deal
There are times when you think you’ve hit on a great deal, only to discover the numbers just don’t add up. In Episode 18 of “Real Estate Deal Talk,” I’ll show you a good example. I’m absolutely not excited about the outcome of our work and our calculations, but I ...
Do You Want to Start a Part-Time or Weekend Business? Real Estate Investing Could Be the Answer
For those individuals who have a full-time career but are looking either for a little extra income or ultimately a whole new career, real estate investing could be the answer. Maybe I am even a little late to the party with this topic. There is so much excitement around real ...
Teamwork Makes the Dream Work, and it Starts With a ‘Magic Question’
You know what really ticks me off about most of the investors I deal with? (And I’m putting that nicely, believe me!) And I speak to a lot of investors on a daily basis, from all over the world—from the East Coast, West Coast, the UK, Canada, Australia and Asia ...
Apartment Outlook For Investors in 2016 is Rosy, But Watch Out For the Thorns
Apartment rents have been rising for six years, which is great news for investors. Most economists expect 2016 to be another strong year. Some caution is warranted, though, as developer interest is now acute and certain sectors soon may be seeing supply increases that outpace demand. According to real estate ...
Top 10 Trends in a Banner Year for Real Estate Investors
2016 is proving to be another banner year for real estate investors, with a continued short supply of homes to live in and even shorter supply of the most highly sought after single-family rentals, investors indeed have continued to find advantages to investing in real estate. Real estate is, of ...
Want to Buy More Houses? Provide More Solutions.
There’s one thing that we as investors often forget when dealing with distressed sellers. And that is: it is never about the house. Rather, it’s about the situation of that seller and the solution that you as a real estate investor can provide. It’s an important message to keep ...
Our outlook for 2016 varies dramatically by market and price point in Southern California. At a high level, there are three major markets on the upswing, one is holding its own, and two are showing signs of slowing. Markets on the Upswing: Stronger Momentum San Diego Major indicators are trending ...
Repair and remodeling spending grew five percent-plus last year, just as we predicted. On Jan. 4, the Census Bureau announced a significant revision to its residential improvement spending estimates due to a calculation error. Based on our knowledge of the market, we are not surprised by the direction of the ...
Tree Maintenance to improve the Beauty and Safety of your Property
Be Mindful of Your Trees' Needs, to Maintain Beauty and Safety of Your Property As kids, we took trees for granted. We saw them as big, beautiful places to cool down from playtime during summer or a place to stay dry during a downpour. They were infinitely strong. We could ...
Understanding the Ins and Outs of Unrelated Business Income Tax
Understanding the Ins and Outs of Unrelated Business Income Tax Helps in Devising a Debt-Reduction Strategy Real estate is one of the more prominent investment choices for account holders of self-directed IRAs. Investors can translate pre-existing knowledge of the market to their IRA’s real estate investments. In order to devise ...
Combining Ownership with a Tenant-in-Common Agreement
Breaking Up is Not So Hard to Do, When Combining Ownership of Property as a Single-Member LLC with a Tenant-in-Common Agreement Limited liability companies are young creatures recently created by state statutes. By contrast, the law of tenants in common is centuries old, with much of it dating back to ...
Build Your Investment Team on Trust and Respect
Build Your Investment Team on a Solid Foundation of Mutual Trust and Respect Usually, my articles for this magazine focus on a property that I find is a great case study in terms of situation, numbers and process, thus offering valuable lessons for other investors. However, for this issue, I ...
What to Do When your Marketing Starts Generating Leads
Now That You're an Investor Looking to Buy Properties, Getting the Word Out is Only the First Step in Marketing One of the scariest aspects of the business to new real estate investors is when they get that first call generated from their marketing. It can also be scary to ...
What are the three most important sources of information you read, watch or listen to every day to help you in your investing? I can’t say that I go to any one information source daily. Nevertheless, there is an abundance of random sources and media about real estate investing that ...
Fewer is Better – When Renters Stick Around
Source your tenants carefully and treat them well, and they will help ensure your success. When I look back at my first rental property purchase more than 10 years ago, I am amazed at my good fortune. There were plenty of times, as a part-time real estate investor with a full-time ...
A Life-Changing Decision: Investing in Real Estate
Real estate investing—done right—can change your life. It did for Tamara and Jesse Tijerina. Little more than a year ago, they were going about life like many growing, young families do. Jesse had a steady job that he loved and that brought in a good income. Tamara had decided to ...
How Do You move from SFD to Commercial Investing?
As With So Many Things, The Answer Is: It Depends. Here are some tips to help you make the right decision for your situation. READER QUESTION: Right now I’m investing my money in single-family residences. I had no previous experience and have been at it for a year. I’ve done a ...
Buying By The Numbers: 5 Efficient Ways to Find Off-Market House Deals
The Cheaper You Buy, the Better Your Return is Going to Be, Regardless of Your investment Strategy Smart real estate investors know that the secret to true success is finding deals with great numbers. So as a house flipper, in order to increase my profit margins, reduce my risk and ...
