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
Tips for Buying from Wholesalers
Wholesaling real estate has a mixed reputation among real estate professionals with some seeing it as a good way to get started in real estate and flip houses with little risk while others see it as something close to acting as a real estate agent without a license and doing ...
Tech That Makes It Easy to Track Marketing ROI
“You can’t manage what isn’t measured.” My business coach was attempting to convince me it was worth the time and effort to track KPI’s (Key Performance Indicators) for my marketing to motivated sellers. How is Your Marketing Performing Right Now? Can you answer this question in a factual way? Or ...
4 Ways to Liquidate Real Estate Property Fast
Real estate is a great way to make long-term investments. However, if you have plenty of money tied up in property investments and are in need of urgent cash, liquidation is the easiest option. In very basic terms, liquidation refers to selling an asset off or converting it to cash ...
Leases are nice. Lease renewals are even nicer. Indeed, we have found that the biggest expense a property has tends to be turnover. In higher tax states, it might be property taxes. But where we are and for most, I expect, the biggest expense is the combination of fixing up ...
Tips for Flipping Multiple Properties at Once
Although you may have experience in fixing and flipping properties, flipping multiple properties at once is a whole different ball game. When flipping one property, you likely do most — if not all of — the work yourself, but when flipping multiple properties, you’ll need to rely on managing others ...
8 Majors to Consider When Pursuing a Bachelor’s Degree in Arts
Is obtaining a bachelor’s degree in arts worth it? This question bothers many modern-day students since there are several myths associated with college education nowadays. People believe that most job opportunities are reserved for science graduates, making arts education less important. However, that is not true. Today, students with a ...
Access to World-Class Real Estate
Real estate is a unique investment product by nature. This asset class offers nearly unparalleled tax benefits, the comfort of tangibility and the opportunity for positive cashflow. For many, the appeal of real estate investing is in the appreciation, which can safeguard and grow wealth. Historically, private investments in real ...
7 Maintenance Problems Every Landlord Can Encounter & How to Deal with Them
As a landlord, you’ll encounter many maintenance problems at some point. Leaky faucets, clogged pipes, faulty wiring, heating or air conditioning problems, burnt out light bulbs - these are just a few of them. Fortunately, the most common issues are usually the easiest to fix. In this article, you’ll find ...
How Real Estate Agents Are Returning to Work in 2021 Post-COVID
The year 2020 was the strangest year recorded in recent history. People stayed home from work, video calls and work from home became the norm, and most people didn’t leave their house unless necessary. Kids did school from home and it seemed like it would never end. This created an ...
The Ultimate Guide to Passive Income
If someone promises that you’ll make money while putting absolutely no effort, then well, there is a high chance that they aren’t entirely truthful. You might have heard that some of your friends are making a living out of a passive income, but let us assure you that to reap ...
Why Should You Study An Engineering Degree?
If you're talented and want to play a role in the next phase of technological advancements, an engineering degree will provide you with a platform to show your creative spark! Just like any other degree, enrolling in an engineering course has its cons and pros. However, they can vary, depending ...
How Teamwork and Leadership Leverage Business Success
The success of a business is contingent upon many factors. A strong business plan, efficient organizational processes, and effective marketing are a few of those. However, the most significant element of success is having the 'right people' who can streamline business operations as per their organizational goals. These include an ...
Think Realty Magazine June 2021
+ WHAT'S INSIDE Investor Stories | Contributor Corner Featuring Michele Van der Veen • Presidents' Circle Featuring Arianne Lemire Fundamentals | 3 Critical Areas of Risk Management • Vetting Deals • The Ultimate Risk Management Playbook • Managing Rental Properties of Foreign Owners • Commercial Review • Noteworthy Risks Commercial ...
+ WHAT'S INSIDE Commercial Review | Creating a New Breed of Multifamily Real Estate Company • The $5 Billion Plan for Your Apartment Syndication Business • Self Storage Real Estate: Risk vs. Reward • Industrial Real Estate: The Bright Point of CRE • Expectations of Strong Post-COVID Recovery Bolster Competition ...
There are many plateaus real estate investors often reach as they build their businesses. And each can be difficult to climb out of. The first, of course, is to buy your first property. Then it may be to quit your day job and become a full-time investor. Ten properties is ...
3 Critical Areas of Risk Management
Ask a real estate investor about risk management and you are likely going to get a long discussion about entities, land trusts, and other vehicles to protect oneself from the potential liabilities of being a housing provider or an investor. While these are critical topics, I believe they miss the ...
Understanding the pitfalls of real estate investing is critical to building your real estate portfolio and longevity whether you are investing in residential or commercial real estate. One of the best ways to protect yourself is to be proactive and educate yourself as to where the risks may lie and ...
Most investors will evaluate potential investments and account for scenarios that would negatively impact their investment returns. They describe this as risk assessment or risk management, though technically it is a threat analysis (see my article in Think Realty in June 2020 for a more thorough explanation). Real estate investors ...
Real Estate: A People Business
The term ‘Risk Management’ in real estate often brings three things to mind: have good insurance, have a great attorney, and document everything in writing. It would have been easy to just focus and write about those three things, but you can find that anywhere. As an active real estate ...
The Ultimate Risk Management Playbook
In the real estate market, many rightfully worried the COVID-19 pandemic would lead to another crisis. But we didn’t see the 2008 housing collapse play out again, as some predicted. From January 2020 to January 2021, CoreLogic research shows the average home price jumped 11.21 percent, with total home sales ...
VoIP Phone Systems: The Latest Communications Tool for Realty Investors
Today, investors of real estate are experiencing a variety of issues given a global pandemic, the state of the economy, and a seller’s market. One challenge they face is what communications tool they should be using for today’s busy on-the-go times. For many investors, switching to VoIP (voice over internet ...
Modern Office Space Features that Support Workplace Health and Wellness
At the height of the COVID-19 pandemic, most working adults were clocking in from home. Now, many of them are heading back to the office, but not without some concerns about health and safety. In fact, 50% of employees in the U.S. are worried about returning to work. The good ...
Should Investors Focus More on Cashflow or Equity?
“Why not both?” might be your retort to this article’s title, and I would surely agree that a real estate investor should seek both cash flow and equity. There’s no reason to settle for just one or the other, of course. That being said, “focus” is the key word here; ...
If you’re new to real estate investing, you’ve probably discovered that it’s not as easy to break into as, say, the stock market. There is no Robinhood for rental property, and you can’t start with just $1. But there is a way to get your foot in the door — ...
How the Coronavirus Will Change the Real Estate Industry Going Forward
Now that the Biden Administration has lifted its mandate to wear masks in federal buildings and national parks (and recommended states do the same) for vaccinated individuals, we are starting to see a bit of light at the end of the tunnel for the collective Coronavirus nightmare that has affected ...
