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
Differences Between Flood, Water, & Sewer Back-Up Coverages
When it comes to water, it is crucial to know what kind of property coverages you have and what coverages you don’t! Most property policies exclude coverage for “Flood, surface water, waves, tides, tidal waves, overflow of any body of water, or their spray, all whether driven by wind or ...
10 Item Checklist for Pre-Winter Maintenance
This easy to use checklist created by Think Realty’s sister company Affinity Loss Prevention Services, is a great way for you to get your properties prepared for the upcoming winter. 1| Inspect the Roof, Soffits, and Fascia Boards ☐ Using binoculars is a safe alternative to climbing a ladder. ☐ Check for ...
Part 1 of 5 Part Series: The Buy and Hold Strategy
In this five-part series, we will discuss the basic ins-and-outs of the buy and hold exit strategy. Part I will define what the buy and hold strategy is, and how to choose the right market. Part II will discuss how to work with a good turnkey provider. Part III describes ...
Can Your Street Name Cost You 44 Percent of Your Sales Price?
It seems impossible, but selling a house on a street with the wrong name could cost you 44 percent of your sales price. According to a recently-released tidbit from Zillow, sellers who list properties on a street with a certain negative name could end up making 44 percent less than ...
Think Realty Resident Expert: Sonia Booker, The Wealth Builder
Think Realty is highlighting our dynamic lineup of Think Realty Resident Experts: real estate pros who’ve experienced the ups and downs of the REI industry. Whether you're buying your first property or expanding your established portfolio, you can rely on our Think Realty Resident Experts to give you the insight ...
Think Realty Co-hosts Global Real Estate Summit in Shanghai
An elite team of Think Realty investors, experts, and executives will travel to China next week for the Global Destination Investment Summit, an event co-hosted by Think Realty. Shanghai is home to one of Affinity Worldwide’s (Think Realty’s parent company) international offices. That office houses Affinity Investments, an investment firm ...
Hurricanes: How to Weather the Storm
As the victims of Hurricane Harvey pick up the pieces, we at Think Realty hope you, our readers, your family, friends and pets are safe. As evident by several impactful hurricanes over the past two decades, TR wants to share some tips and advice from our sister company Affinity Loss ...
3 Devastating Checkbook IRA Mistakes
When a Phoenix engineer started flipping real estate after the 2008 housing crash, his first few flips netted him about $126,000. Things were off to a great start. However, due to a serious mistake, the engineer made when he set up his flipping business using a Checkbook LLC, he ended ...
Private Lending and Personal Guarantees
Physical property is one of the soundest forms of loan collateral in existence, so it’s no wonder that lending entities of all types, from megabanks like Wells Fargo to private, individual lenders, like real estate so much. As our sitting president has famously said for decades, “Real estate is always ...
3 Keys for Making a Splash in a New Market
Whether you are selling your first house or your 500th, nearly every investor fears that “what next?” moment. You’ve been marketing for leads and the process is working. The phones are ringing off the hook. You’ve got a property under contract, but now you’ve got to do something with it ...
5 Keys to Effective Social Media Marketing Domination
In the Netflix original series “Santa Clarita Diet,” actor Timothy Olyphant’s character (a realtor caught up in a sticky situation) discusses the perks of his job. “I work my own hours,” he explains. “I only see my boss twice a week!” Indeed, most people seem to think selling real estate ...
3 Questions You Must Ask Your Self-Directed IRA Administrator
Ever had a great deal right in front of you, but been painfully unable to act because you were short on capital? If so, then you likely understand why so many real estate investors opt to take their traditional individual retirement accounts (IRAs) and make them self-directed IRAs. Real estate ...
5 Insurance Takeaways from Oakland’s Ghost Ship Fire
Last year’s warehouse fire in the “Ghost Ship” building in Oakland, California, has been called the nation’s deadliest structure fire in more than 14 years. The fire was a three-alarm fire, requiring 52 firefighters to bring it under control. The fire caused 36 fatalities and building losses of more than ...
Panel in Print: Overcome Your Investing Fears
Nearly every real estate investor out there, from the greenest “newbie” to the most experienced industry veteran, has one thing in common: they know about investing fears. Think Realty Resident Experts Eddie Wilson, Sonia Booker, and Pam Goodwin have very different perspectives on what fear can do to an investor ...
When a group of real estate investors partnered with former New York City developer David Comfort last fall to acquire 800 lush acres of fertile Costa Rica farmland for just $4 million, they became part of a project that represented diversification not just in their real estate portfolios, but into ...
2 Effective Ways to Get the Best Contractors on Your Team
Are you ready to hit the ground running with flips, but have no bench of contractors to do the work? If so, then you are facing one of the most common issues that stall out new investors, but don’t worry. The lack of reliable labor obviously presents a problem of ...
A Five-Year Plan for Investing Success
You’ve decided that real estate investing is for you, but there’s one problem. You need some startup capital. Here’s a tough truth about this business: unless your family has left you with a fortune, you most likely will have to spend some time building up available cash to invest. Once ...
Commercial Investors vs. Zombie Malls
In the mid-1990s, malls were being constructed at a rate of 140 new shopping centers per year. In 2001, however, disturbing trends began to emerge. A PricewaterhouseCoopers study found that underperforming and vacant malls were becoming increasingly common. In 2007, for the first time in 50 years, there was not ...
When my husband Lucas and I decided to take the leap into real estate investing, it was with the reassurance that Lucas is handy, motivated, reliable and a true “do-it-yourselfer.” He knows all kinds of useful things, like the difference between a miter saw and a circular saw, where a ...
Think Realty Resident Experts Release New Course Materials
Think Realty Resident Experts provide valuable education to real estate investors through video courses accessible on the Think Realty website. Each course typically contains between six and 12 lessons that are easily digestible and implementable. This quarter, Experts Eddie Wilson, “The Deal Maker,” and Abhi Golhar, “The Connector,” released new ...
Regional Spotlight on Memphis, Tennessee
Two years ago, Memphis, Tennessee, was one of the hottest real estate investing markets in the country. Media outlets like CNN Money gleefully described the “hordes of real estate investors…snapping up foreclosures and other cheap housing, rehabbing the homes, and renting them out for handsome profits.” Then, in a way ...
Trendspotting vs. Falling for the Hype
As a contractor who works exclusively with real estate investors, I often hear some “dangerous language” from my clients. I’m not talking about obscenities! I’m talking about investors who are so eager to spot the “next big thing” that they convince themselves that certain areas are about to take off ...
3 Keys to Back-to-Back Tenant Turnover
Savvy landlords know the keys of a back-to-back move-in/move-out process: 365 days of uninterrupted revenue. With 2017 occupancy rates predicted to be 94.6 percent, landlords nationwide are trying to maximize payout and minimize lost time and revenue by moving old tenants out and new ones in as quickly as possible ...
The Real Estate Leverage Mistake that Can Implode Your IRA
Real estate investors often use leverage in order to do bigger deals that offer higher returns than they could achieve using only their own capital. Borrowing money in order to expand your investing capacity can be a wonderful thing. Unfortunately, thanks to a nasty and misleading lender habit, many investors ...
I know a lot about what’s in a name because I inherited a well-known, well-respected one. My father, motivational icon Zig Ziglar, went to great lengths to protect his reputation and his name. I am a very grateful, direct beneficiary of his efforts and I work every day to keep ...
