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
Don’t be a Jack or Jill of All Trades
What’s it like to be a jack of all trades? I wouldn’t know, and you shouldn’t either. Often as entrepreneurs, investors, and small business owners, we feel like we need to do it all: be everything to everyone, a jack of all trades, if you will. We believe that if ...
KB Homes Debuts Germ-Free Doors
As flu season continues to wreak havoc and the U.S. Centers for Disease Control and Prevention (CDC) issuing dire predictions about the number of flu-related deaths likely before the outbreak is over, national homebuilder KB Home has decided to keep up with the times by announcing its standard interior door ...
Think Realty Magazine February 2018
+ WHAT'S INSIDE Think Realty | News & Events •Member Benefits Coaches Corner | Panel in Print • How Food Delivery Could Change Everything About Commercial Real Estate Marketing | Using Digital Media to Sell Real Estate Cover Feature | Good Timing Runs in the Family Market Breakdowns | 2018 ...
| 16 pages | 2,152 words | 10 minute read | Excerpt What You’ll Learn about efficient property management and landlord operations: How to integrate technology solutions that cut task times in half The importance of selecting the automated tasks that work best for your business work flow How to ...
3 Most and Least Affordable Rental Housing Markets
HomeUnion recently released its annual report on the most and least affordable rental housing markets in the country, and Chicago, Illinois, topped the list. “With its low cost of living, relatively large housing inventory levels, and high affordability, Chicago is an excellent market for residents entering the renting pool,” said HomeUnion’s director ...
Realtor.com Report: Housing Inventory Ongoing Problem
Late last week, Realtor.com released its “State of the Housing Union,” an annual report published shortly prior to the president’s State of the Union address. The association stated, “The housing market outlook is looking bright on several fronts: strong buyer demand, particularly among first-timers, and a growing U.S. economy urging ...
As investors, we look at properties through different eyes than most. We see the flaws and the telltale signs of hard use and neglect, but we also see the potential. We understand the importance of thoughtful discernment. We know from experience that success is in the details and that the ...
3 Goal Setting Questions to Ask Yourself
The NASCAR racing season wrapped up in Miami, Florida, this past November. We have just two short months full of holiday merriment and planning before we are back on track to start next season in Daytona. The short break is a wonderful time for gratitude, reflection and of course, preparation ...
Grow Your Network Daily – Week 5
Grow Your Network Finale We started our journey to grow our real estate investor connections on January 1. Each of us may have a different reason, but ideally, we all hope to enhance this REI industry that makes a difference in communities as well as impacting individual families and lives ...
All Insurance Policies and Coverage Are Not Created Equal
One of the biggest mistakes a real estate investor can make is to assume that all types of property insurance are created equal. Make sure you learn and understand the difference between Basic, Broad and Special form coverages as well as the difference between Actual Cash Value vs. Replacement Cost ...
Waste DNA Testing, Key to Solving Pet Owner Issues
Dog-friendly rentals are in big demand, and landlords are coming up with some great amenities for their four-legged tenants. But, despite the good behavior of most tenants and dogs, some pet owners don’t pick up after their pets. Tenants either don’t see it, or ignore it, and it’s left for ...
Quick & Easy Elevator Pitch Formula
An elevator pitch should answer three things: Who you are What you do/want What benefits you bring The reason so many people get this simple formula wrong when it comes to real estate networking is that they are so used to making this “pitch” in daily introductions in their everyday ...
3 Markets Might Benefit Most from Amazon’s HQ2
Last week, Amazon announced its 20 finalists for its second headquarters, nicknamed HQ2, and the response was immediate and overwhelming. Cities that made the top 20 were elated and eager to remind everyone exactly why their location looked so good: • “We are excited to learn that Atlanta has been ...
Grow Your Network Every Day – Week 4
There are a number of reasons why we network – the opportunity to learn from those around us is one. Some investors may have a different resume than you. Making a new connection, who is willing to let you in on their know-how, helps you tap into knowledge that you ...
7 Advantages of Attending Events in Person vs Online
When real estate investors think about attending conferences, expos, and in-person education and training, they often cite the following reasons for not getting out and meeting people face to face: No one wants to meet me. I can get everything I need online. I’m too busy. Then they elaborate that ...
Real estate investing is all about the personal touch, so it’s not surprising that most investors are not too concerned about one of the hottest topics in tech these days: robots replacing humans in many areas of employment, even possibly realtors. However, a startup called Homie is hoping to change ...
Avoid Over-Renovation: Here’s Why
What a great feeling it is to walk into a newly renovated home, smelling of fresh paint and new carpet. Many rental home investors are now providing incentives to new tenants, with upgrades and amenities that they may not have been able to afford in previous housing situations. If you do ...
Buying Cheaper than Renting in More than Half of Markets
The national housing market is definitely heating up, but it still makes more sense to buy instead of rent in more than half of all housing markets. According to ATTOM Data Solutions, buying a median-priced home is more affordable than renting a three-bedroom property in 54 percent of all U.S ...
Infographic: 7 Habits of Effective Flippers
Habits are a loop that we create by queues and positive rewards. Real estate investors know that if they find a deal, perform their due diligence (queues) they are rewarded with a positive outcome of a profit of some form, no matter how you have your exit strategy structured (positive ...
Foreclosure Wave Heads for Puerto Rico
When Hurricane Maria hit Puerto Rico in 2017, it was quickly named the worst natural disaster on record to ever hit the region. Maria was the 10th-most intense Atlantic hurricane on record at the time, and the deadliest storm of the 2017 Atlantic Hurricane season. It was also far and ...
Hottest & Coldest Names for Home Buyers
ATTOM Data Solutions released a unique set of data, nothing like what is usually gathered and recorded. In the following maps comes the hottest and fastest declining first names of homebuyers. Much like the lists of top baby names, this list shows the most popular names of buyers and those ...
7 Steps to Grow Your Network – Week 3
Every day in January, we’ve committed to one activity that will help us grow our network. Some of us are doing it to find deals, identify potential partnerships, source funding, or even to create an outlet to discuss real estate investing. No matter your reason, here are the things you ...
1031 Exchange & the Role of the Agent
While most real estate transactions conducted in the United States have a real estate agent involved, not many of them are clear about their role in the 1031 Exchange. What should the role of the agent be with the principals in the transaction and what duties, if any, can the ...
5 Indicators a Real Estate Event is Worth the Investment
One of the most frustrating things that active real estate investors can encounter is a wasted real estate event. We don’t mean an event you paid for through the nose on credit, and then found yourself still unable to invest. Those are an entirely different topic, and not one we’re ...
Real Estate Investment, a get Rich Slow Strategy?
One of my favorite analogies for business was given by Jim Collins in his book Great by Choice. It involves Roald Amundsen, who was the first explorer to ever reach the South Pole. In 1911, Amundsen and his team faced off with Robert Falcon Scott and his team in the ...
