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
Investment Cycle of Rental Homes
As almost everything in existence, the single-most important factor for success in real estate investing is to realize that every investment is essentially part of a greater cycle. And that the handling of this cycle will undoubtedly orchestrate its performance and results. Maximizing the performance of your investment is paramount ...
Should I Wholesale or Fix & Flip?
So, you’ve found a great real estate deal and a motivated seller ready to hand you the keys at closing. At this point, you may debate whether to wholesale the deal to another investor buyer for quick cash or to rehab the property yourself, which will obviously take longer but ...
Section 8 Pros and Cons Broken Down
If you are a landlord with a few properties or even a massive portfolio to rent out, chances are you've wondered to yourself at one time or another whether or not you should start accepting Section 8 housing subsidies for low-income tenants. This can be a difficult choice to make, ...
Anyone who’s been in real estate long has heard of the various percent rules floating about; the 70 percent rule, the 50 percent rule and the dreaded 2 percent rule. These rules are, of course, just rules of thumb to be helpful guides when evaluating properties. But while I believe ...
ATTOM Data Solutions Acquires Onboard Informatics
ATTOM Data Solutions, announced it has acquired Onboard Informatics, the leading provider of neighborhood data and data-enabled turnkey products to the real estate industry. “Onboard has a long and accomplished track record as an innovator in enhancing and democratizing neighborhood data assets, paralleling our own mission of powering real estate ...
Nashville Housing Market offers Room to Grow
Nashville, Tennessee, is, quite simply, sitting in the catbird seat when it comes to real estate. The “Music City,” so named in 1950 by radio broadcaster David Cobb thanks to its longstanding position as the home of country music, is hitting all the right notes these days. Positioned in the ...
Think Realty Magazine March 2018
+ WHAT'S INSIDE Think Realty | News & Events •Member Benefits Coaches Corner | Panel in Print • Letting Go Without Losing Control Design Point | Renovation Rock Star: Multifamily Edition • 3 Listing & Renovation Mistakes Costing You Money and Time on the Market Cover Feature | Building Big ...
Foreclosure Rates Lower in Highest-Risk ZIP Codes
ATTOM Data Solutions, released its 2017 Environmental Hazards Housing Risk Index, which shows median home prices in U.S. ZIP codes in the highest 20 percent for environmental hazard risk appreciated at a faster pace than the overall U.S housing market over the past year, past five years and past 10 ...
Credit, Using it Creatively & Responsibly
I once used a promotional “zero-percent-interest-and-zero-points" cash advance feature on my $25,000-limit credit card to buy a $25,000 property. Then, I refinanced it with a local community bank at 100 percent loan-to-cost (75 percent loan-to-appraised- value) within six months, right before the initial interest free period expired. That credit card ...
Redefining Legacy: It’s Not Just Financial Wealth
Many years ago, I was asked to give a speech in Charleston, South Carolina, to an audience of extremely wealthy men who were nearing early retirement. At that point in my life, I had already spoken on behalf of dozens of great corporations, albeit mostly about setting and achieving big ...
Dallas, Texas – “We are all in different phases of stuck, and we need a bridge to productivity.” Robert Nickell, founder of REIVA, summed up his personal experience in real estate with these words. Nickell’s company offers the services of trained, dedicated virtual assistants (VAs) to real estate investors to ...
5 Economic Indicators Every Real Estate Investor Must Know
Dallas, Texas – When Carrie Cook, president of Ignite Funding, thinks about the roughly $460 million her real estate investment company is managing right before she goes to sleep at night, she sleeps just fine. While some investors might find numbers like that to be a bit intimidating even when ...
Why a Studio Apartment Could be Better than a McMansion for Your Real Estate Business
Dallas, Texas – “If you have a big, beautiful ‘McMansion’ that you’re trying to rent out right now, I’m betting you’re finding that market isn’t too hot. In fact, I’m betting a one-bedroom apartment or a studio might be much hotter, and I’ll tell you why.” That’s how Gene Guarino, ...
Roth IRAs: The Best Legacy-Building Tool
If you leave nothing else for your loved ones, be sure that they inherit a Roth IRA from you. Even if the account has a tiny balance, leaving behind a Roth IRA provides a legacy benefit of overwhelming value: a lifetime of tax-free investment profits. In short, an inherited IRA ...
3 Things Not to do at a Real Estate Conference
We’ve talked to countless meeting hosts, presenters, and power-networkers to come up with a list of the three worst things you can do at a real estate conference. Take a hard look at this list and then, yourself. If you’ve made these mistakes in the past, be sure to avoid ...
Housing Markets Most Impacted by Tax Plan
The Republican tax proposal unveiled in late October and passed in December, included at least two changes to the income tax structure that could potentially have significant impacts on homeowners, and by extension the housing market. We’ve created two heat maps to illustrate which local housing markets could have the ...
Rigorous Honesty, Make it a Habit
Several years ago, I was asked by one of my mentors if I was rigorously honest. I thought I was honest and said as much. More recently, I was given a challenge by Michael J. Maher, the author of 7L: The Seven Levels of Communication. It was the same challenge ...
Housing Affordability Impacts Investor Strategy
The Atlanta skyline has a lot of visible cranes right now making it easy to understand that we are in an interesting growth cycle. Everybody is giddy and excited about where the real estate market is headed, and we've had, what I think, is one of the longest run-ups in ...
5 Must Avoid Bookkeeping Errors
Real estate investors tend to be extremely independent. That independence is one of the best things about these entrepreneurs, but that “go-it-alone” streak can lead to serious bookkeeping oversights that will create big problems in your real estate business. While most investors acknowledge they have neither the time nor the ...
Markets that Will “Double Up” in 2018
Although home prices have been rising briskly in many markets across the country, the prospects for investors in these markets can be quite different from market to market. This is especially true for investors in rental properties who need a longer-term perspective than those rehabbing and reselling. Jobs are the ...
The Stock Market: What You Need to Know
Last week, Wall Street went a little crazy. After more than a year of steady growth, the time was certainly ripe for a correction in the market, and that is what the market gave investors last week. February started off with some turbulence, with the Dow closing on February 2, ...
3 Guidelines for Effective Real Estate Advertising
Before you spend a dime on advertising your real estate business, you must absorb and incorporate one vital, foundational principle: Advertising is an investment, not an expense. If you like, you can add an additional descriptive word, such as “strategic” or “responsible” or “wise” to the description of this principle, ...
Renovation Rock Stars: Portugal
When Lorraine Beato, an Atlanta, Georgia, realtor specializing in single-family residential homes, investment acquisitions, and upscale renovations, updates a property, she usually does so for one of her investor buyers or a retail client. Also, she usually works in the continental United States! Last summer, however, she found herself in ...
Project Management for Better Productivity
Real estate investors often find themselves overwhelmed, which is one of the main sources of disappointment in this popular industry for new investors. Ask any active investor at a local real estate investors’ association (REIA) meeting what surprised them when they started investing full-time, and most will mention that they ...
3 Kitchen Secrets that Affect Your Bottom Line
Kitchen remodels are among the highest-returning upgrades you can do in a home - if they are handled correctly. Unfortunately, many real estate investors tend to get a bit carried away when they upgrade the kitchen in their investment properties and sometimes make mistakes that cost them serious cash flow ...
