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
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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
Rehab Regrets: Four Common Rookie Mistakes to Avoid
Newbie real estate investors and homebuyers often are attracted to affordable homes that need repairs with the intention of revamping it to become their dream home. Rehab projects, however, can quickly grow nasty — and expensive — if you’re not realistic and prepared before you buy. Here are four things to consider before ...
Prevent a Holiday Cooking Fire Disaster in Your Investment Properties
Cooking is the leading cause of home structure fires according to research conducted by the National Fire Protection Association (NFPA), and the number of cooking fires increases significantly around Thanksgiving and Christmas holidays. Cooking fires are also one of the most preventable losses in real estate. With regular maintenance and ...
Institutional Class-Action Lawsuits Spell Trouble for Individual Landlords
Recently, industrial single-family home companies are getting some very bad press and facing some pretty nasty class-action accusations. For example, Invitation Homes, a Blackstone vehicle that began buying distressed single-family properties and rehabbing them for rent in 2012, faces a potential class-action suit in California that claims the company’s late ...
How to Get Your Real Estate Website to Actually Rank on Google
Let’s go ahead and burst a bubble for those wanting a quick, easy avenue to a top ranking on Google: There isn’t one. Improving your site’s ranking and SEO, or search engine optimization, entails hard work and time. Furthermore, your website is but one approach — albeit an important one ...
5 Details that Will Make or Break Your Postcard Marketing Campaign
Although an increasing number of real estate investors are relying on digital marketing to generate leads for their deals, postcard mailings stand the test of time. Jamie Wooley, founder of W Streets and one of the largest-volume individual wholesalers in the country, still mails them out every month. Wooley made ...
Top Markets for Movers in Q3 2018
Homeowners are most likely to be moving in the third quarter of 2018 in Chicago, Washington, D.C., Orlando, Tampa-St. Petersburg and Atlanta, according to the latest ATTOM Data Solutions Pre-Mover Housing Index. Using data collected from purchase loan applications on residential real estate transactions, the ATTOM Data Solutions Pre-Mover Housing ...
AI and Deep Learning Help Solve the Big Data Puzzle for Real Estate
Real estate is an industry that is undergoing drastic changes. A big data revolution is on the horizon. This massive industry that boasts an annual revenue of $235 billion with over 200,000 residential brokerage companies and over 1 million loan officers has been overdue for a major shift. But while ...
Renovation Spotlight: Full-Speed Flipping
Jamie Wooley’s most recent deal is a 2,000-square-foot Texas home that she made over from the foundation up in just over two months. “We had to do basically everything to this one: foundation, new roof, new windows, all new flooring, opened up a wall in the galley kitchen, the works!” ...
3 Real Estate-Related Factors Emerging in the 2018 Midterm Elections
The 2018 midterm elections promise to be contentious. In the midst of the furor over alleged bad behavior on all sides, social media sparring, deep-seated partisan squabbling, and a visceral reaction to many of the major players in American politics today, housing policy may seem like a relatively calm port ...
Note Investing Opportunity Abounds in Specialized Real Estate Notes
The seller carry back note market is thriving, and that spells opportunity for note investors. A study of the latest data shows that even though there is a slight drop in the gross number of seller-created trust deeds and mortgages, the quality is much better. I’ve identified nine significant statistics ...
Think Realty Magazine November 2018
+ WHAT'S INSIDE Think Realty | News & Events •Insight and Assistance on All Things Rental-Related • Think Realty’s Newest Coach: Clint Coons, Esq. • Forensic Investing, Risk Management & Real Estate Design Point | Renovation Rockstar: Layers of History Special Section: Policy & Legislation | Institutional Class-Action Lawsuits Spell ...
Clint Coons, founding partner at Anderson Business Advisors & Law Group and real estate asset protection expert has joined the growing list of Think Realty Resident Experts. He brings years of experience in portfolio risk management, tax reduction and estate planning, and he focuses on educating current and future real ...
How to Remove the Cigarette Smell From a House
Smoking cigarettes inside may be the single best way to tank your home value short of deliberate vandalism. According to a recent study released by Realtor.com, smoking cigarettes in a home can reduce resale value by nearly a third (29 percent) and, furthermore, failure to remove tobacco-smoke byproducts and residue ...
Seasonal Steps to Protect Investors, Avoid Financial Loss
Fall and winter are two of the most punishing seasons on your property, so getting an early start is crucial. Though the U.S. boasts a variety of climates, the chief weather concern for most property owners during the fall is colder weather. At some point in the year, most areas ...
7 Must-Have Apps for Real Estate Investors
Real estate investors are constantly on the go, and the majority do not have an official company office space to use as home base. That means, for most, their cell phone, laptop, tablet, or some combination of these is their mobile office. I usually carry my laptop with me when ...
From the Designer Hi! My name is Rebecca Mager and I have been investing in real estate for over ten years now. I am hands-on in each deal from start to finish and what I have learned to be extremely important that many people forget is the attention to design. Colors ...
4 Ways to Finance Buy-and-Hold Real Estate
The biggest problem most new investors face is figuring out how to finance their real estate investments. This is especially true when they want to get into buy-and-hold investments, which is where the real wealth-generating power of real estate investment lies. Do not avoid long-term real estate investments just because ...
4 Things Jamie Wooley Wishes Every New Investor Knew
“One of the deals I learned the most from was also one of my biggest losses,” Jamie Wooley admitted ruefully. “It was a historic renovation (images top and below), so we took a 700-square-foot property and added 2,000 square feet. It’s one of my favorite transformations, but it was also ...
“Flipping” Between Short- and Long-Term Rental Strategy
Vacation homes and other short-term rentals are becoming increasingly popular as investors realize the opportunity these assets represent in terms of high returns. However, some of the requirements for high returns are somewhat dynamic in nature. For example, when you choose where to invest in Airbnb rentals, you should go ...
How to Invest with a Downturn in Mind
For the past three years, I’ve been warning investors: “If you buy something now, it will be worth less sometime in the next three years because a recession is coming.” We are way overdue for a correction. However, a pending downturn does not mean you stop investing. It just means ...
Sherwin-Williams 2019 Colormix® Color Forecast
This fall, the design and real estate investing sectors are closer than ever before thanks to the ubiquitous “real estate reality” shows dominating our television screens. Last year, American investors flipped a record-setting 207,000 single-family homes. At the same time, a single television network hosted more than a dozen real ...
Vintage Style Brings Loyal Tenants, Steady Returns
Carla Price has always run her real estate business her own way, and that has created a unique demand for her boutique, vintage apartments in Chicago that has lasted more than 50 years. Price started her real estate business in the DePaul area of Lincoln Park in the 1960s and ...
The Looming Rebirth of the Single-Family Rental Industry
More than 1 trillion dollars in U.S. real estate equity is going to be consolidated over the next decade. The single-family rental (SFR) industry, which emerged as an institutional asset 10 years ago, is being reborn as a commercial real estate food group now. The apartment industry is adopting single ...
4 Must-Haves in Your Contractor Agreements
Any successful property transformation will rely on a successful relationship with your contractor. While many investors still pride themselves on “handshake agreements” within their local professional community, a solid, written agreement will protect you. It also shows professional courtesy to your team members (contractors) and indicates that you want to ...
Best Neighborhoods for Real Estate Buying and Investing
The ATTOM Data Solutions 2018 Neighborhood Housing Index uses new neighborhood boundary data to rank more than 10,000 neighborhood housing markets nationwide based on six factors impacting the hyperlocal housing market: affordability, home price appreciation, school scores, crime rates, unemployment rates and property taxes. The top five U.S. neighborhood housing ...
