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3 Ways to Stay Profitable, Productive, and Pandemic-Resistant
By early May, most analysts and even many public health experts agreed the American public and the American economy could not take much more of the stay-at-home mandates and mandatory business shutdowns that resulted from COVID-19. The U.S. economy was shrinking at a faster rate than it had since 2008, ...
Color and Quality at a Discount
On your next flip or rehab project, be confident in your color selections! Think Realty Supplier, Sherwin-Williams, has been committed to supporting homeowners and professionals with exceptional products and color expertise for more than 150 years. The company provides customers with resources to confidently choose colors, like their annual Colormix ...
As a mother-daughter duo in real estate, we have been able to focus in on what it really takes to get a house staged and ready to sell. Flipping and selling over a hundred homes together, we have been able to see what helps motivate buyers when viewing a property ...
Effective and Efficient Maintenance
TaskEasy is the nationwide solution to ordering and managing lawn care for rental properties. With TaskEasy, you can order services and manage your entire rental portfolio online, in one convenient place. Founded in 2013 by CEO Ken Davis, TaskEasy was built to solve a long-standing problem: mowing the lawn. Ken, ...
Automate. Outsource. Scale. This business-building lingo is all the rage, but savvy investors do these things, usually with the help from virtual assistants. Think Realty Supplier REVAGlobal provides outsourcing solutions utilizing virtual assistants. Founded in 2016 by CEO Bob Lachance, REVAGlobal is currently the solution for many of the country’s ...
Crucial Mistakes When House Flipping
Flipping homes—the process of purchasing a home, remodeling it, and then immediately putting it back on the market—can be a way to quickly build wealth. Yet, it’s not without its risks and potential pitfalls. Every veteran flipper has a horror story of that “one” property they worked on, or can ...
Renovating Your Rental Home? Here Are Tips to Do It Right
You’ve made the plunge into the rental market and all has been well for the last few years. But as of late, you’ve begun to wonder if you should renovate your property. It could and probably will help draw in new tenants and you could make more money in rent ...
The Effects of COVID-19 for Landlords
The novel coronavirus has rocked economies across the globe. Stay-at-home orders have affected businesses and millions of Americans’ jobs, with projections that the unemployment rate could be nearing the 15% mark — the highest level since 1940. For real estate investors and landlords this has a very real impact — ...
Voices of Reason Series: Unlocking Funds from the CARES Act
[siteorigin_widget class="WP_Widget_Media_Video"][/siteorigin_widget]About This Video You will learn: How to access current funds under the CAREs act for COVID-19 relief Understanding the Economic Injury Disaster Loan Decoding the Payroll Protection Plan Loan for real estate investors Download the stimulus cheat-sheet from Anderson Business Advisors here. Presented by Clint Coons, Anderson Business ...
When you’ve helped thousands of clients prepare successful tax strategies, you’re likely to have a trove of insight to share. Such is the case for Clint Coons, a founding partner at Anderson Business Advisors. As Tax Day looms, Think Realty caught up with Coons to learn some of his broader ...
House Hacking with a 1031 Exchange to Multiply Your Portfolio
You don’t have to be wealthy to begin investing in real estate. In fact, it can often actually be easier if you’re younger and have a more flexible lifestyle. It’s much easier to navigate creative opportunities like house hacking or live-in flips when you don’t have large work or family ...
Part-Time Real Estate Investing
Real estate investing is a great way to build wealth. This is an opportunity to invest your savings while working, studying, or just enjoying life with family and friends as a passive investor, and spending less (or more) time on projects as an active investor. New investors often find themselves ...
You may have heard the saying, “Sit with winners. The conversation is different.” It basically means that the company you keep defines the type of conversations you have, and the results of those conversations can determine whether you “win” or “lose” in your personal or professional life. Being part of ...
Steps to Closing You Need to Know
As a seasoned real estate investor, you’re probably well aware of the home closing process and that longer closing times are the new normal. If you’re buying, you submit an offer, get the home inspected, get approved for your loan and then do any final negotiations before handing the seller ...
Real estate acquisition and sale has traditionally been a slow-moving process. When I purchased my first home in 1987, a typical home-buying process took 30 days. Today, with modern technology, electronic communication, searchable databases, and the ability to execute contracts online, a typical home-buying process takes – 30 days. How ...
"If you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent.” - Warren Buffett Warren Buffet, Oprah Winfrey, Bill Gates, Angelina Jolie. These modern-day activists promote human welfare and social reforms and help to save lives across ...
I recently spoke at the Think Realty Conference & Expo in Atlanta and moderated a panel of real estate agents who have “flipped the switch” from real estate agent to real estate investor. What I found out was that all of the people in the room came from corporate America ...
The After-Repair Value (ARV) is a common term among fix-and-flip property investors. If you are just starting out, you would likely come across it often. What is ARV? After Repair Value (ARV) is the estimated value of a distressed property after it has been repaired. ARV helps investors to calculate ...
Years ago, I attended a mastermind that changed my life. At that time, I would say I was living a “small” life. I was working hard, and I was relatively successful, but I was not feeling truly fulfilled because I had not, up to that point, been willing to do ...
When I went to my first real estate investment conference, I was so excited about all I had to learn. During our first bathroom break I noticed something unusual — no line for the women’s room. The men’s room had a line going out the door. That was strange. When ...
Financing a 1031 Exchange Quickly
A 1031 Exchange is a way for commercial real estate investors to defer capital gains taxes after selling a property. While a 1031 Exchange can be an effective investment technique, there are certain requirements and strict time deadlines that need to be met. In some situations, using a bridge loan ...
If you are part of or want to be part of the new wave of investors using online data to make spot-on investment decisions, you need data that will give you a clear line of sight to the proper conclusions. You need data that helps you pull the trigger with ...
The construction phase is exciting, but it’s also one of the riskiest times during your project. Minimizing the risk of a severe injury during this phase is key to retaining your profit, and potentially, protecting your entire business. Whether you are a do-it-yourself-er, or you hire out the rehab process ...
To gain the depth of knowledge essential to becoming successful, it is important for real estate investors to develop a focus. Taking the time to build a deep level of understanding in a specific area is integral to long-term success. Once a particular market is mastered, the investor can move ...
Three Habits Builder & HGTV Star Jasmine Roth Swears By
Between building, designing, filming, interviews and traveling, Jasmine Roth’s packed schedule leaves little space for downtime. Now in the midst of filming her second season of HGTV’s “Hidden Potential,” Roth still prioritizes a daily routine that helps her stave off stress, produce energy and stay healthy. Here are three habits ...
