Knowledgebase

All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.

Knowledgebase

All of Think Realty's extensive content archive is at your fingertips. Filter by media type and keyword to hone in on exactly what you need.

Shifting into Reverse

Shifting into Reverse

A 'Reverse' 1031 Exchange Requires Financial Strength, No Matter Which Route You Choose In a forward 1031 Exchange, the relinquished property is sold first, followed by the purchase of the replacement property. The proceeds from the sale of the relinquished property go toward the down payment or purchase price of ...
For the Record

For the Record

Using a Scope of Work - Especially a Detailed One - Can Prevent Misinterpretation and Save You Big Money No matter what size project we undertake, we always put together a scope of work. This can be as simple as writing specifications on a legal pad or a multiple-page document ...
What's It Going to Cost?

What’s It Going to Cost?

Understand the Costs Involved in Maintaining a Rental Property When Evaluating Whether to Make That Deal In recent articles, I have discussed the need for “financial literacy” and an understanding of the terms, concepts and fundamentals of cash-flow analysis. We have looked at estimating effective gross income. Now we turn ...
Summer Checklist

Summer Checklist

Get Your Summer Daylight Hours Back and Reduce Liability Risks by Focusing on These Top 10 Property Maintenance Tasks Ahh, summer vacation. The beach, an afternoon nap in the sun and a “little umbrella” drink. Or perhaps a mountain hike, dirt in your laces and a picnic lunch by a ...
To Sell or Not to Sell

To Sell or Not to Sell

| Teresa Bitler | Article | Operations
Carefully Consider Your Situation Before Rushing into a Sale of Your Investment Property You’ve held a property for years, and now, for one reason or another, you’re thinking it might be time to sell. Rushing into a sale, though, can be a costly mistake. Before you stick a “For Sale” ...
Profile: Stephany Haxel on a life-changing decision

Profile: Stephany Haxel on a life-changing decision

| James Hart | Article | Profiles
Economic conditions led Stephany Haxel to change her career. Through it, she's now changing others' lives for the better. Last year, Stephany Haxel lost her job as a corporate recruiter. And though it didn’t feel like it then, that life change has been a blessing. She and her husband, Jake, ...
2016 State of the Oklahoma City Housing Market

2016 State of the Oklahoma City Housing Market

The 2016 Oklahoma City housing market has continued with relatively steady growth and may actually represent an opportunity for a careful, savvy real estate investor willing to do his or her research and only buy when the time and the property are right. The Oil Factor and Economic Insulation First, any ...
Look Both Ways

Look Both Ways

| Linda Wienandt | Article | Profiles
2020 REI Succeeds by Using the Benefit of Hindsight as well as Anticipating its Customers' Needs Many people in the real estate investing space—whether they are the ones doing the deals or those providing the goods and services to investors—are so focused on what’s in front of them that they ...
ScottSklare_Gray_Web

The Deciding Factors

| Think Realty | Article | Operations
Our Street-Smart Panel Discusses What to Consider When Looking for Maximum ROI in Residential Property Investments Scott Sklare Synergy Real Estate Group Before getting into the specifics of how I decide where to invest for maximum ROI, I would like to take a step back and look at the bigger ...
Case Study: Flipping a Duplex to a Single-Family Home

Case Study: Flipping a Duplex to a Single-Family Home

As an investor and a person who loves the water, when I read about an open house for a duplex that has water access and a deeded dock for $109,000, I sat up and took notice. When I read on to see it has an attached double garage and a ...
Out-of-the-Bank Thinking

Out-of-the-Bank Thinking

| James Hart | Article | Profiles
One of the great things about the world of real estate investing is that it represents fantastic opportunities for people who can find more than one way to solve a problem—people like Emil Khodorkovsky, the president of Forbix Capital Corp., a California-based boutique mortgage banker for residential and commercial loans ...
First Things First

First Things First

With So Many Challenges and Opportunities in Real Estate Investing, Where Do You Start? Very early on, starting out as a part-time real estate investor, I recognized the enormous challenges in the vast ocean of real estate but also the numerous opportunities that exist. It can become overwhelming, and almost ...
Profile: Hilda Lunderstedt CEO of Global Operations for Wealth Migrate

Profile: Hilda Lunderstedt CEO of Global Operations for Wealth Migrate

| Linda Wienandt | Article | Profiles
Hilda Lunderstedt is on a Mission to Open Investing Opportunities to All Hilda Lunderstedt—successful businessperson, investor and CEO of global operations for Wealth Migrate—has a passion for real estate and for educating investors, particularly women. In this Q&A with Think Realty Magazine, she shares her thoughts on the ways real ...
Student Housing Boom: Increasing Higher-Ed Enrollment Points to Opportunity in Rentals

Student Housing Boom: Increasing Higher-Ed Enrollment Points to Opportunity in Rentals

Student enrollment in U.S. universities and colleges has been on an upward trend for the past decade, and it is expected to continue throughout 2016 and beyond. As President Obama noted in his State of the Union address in January, “By 2020, America will once again have the highest proportion ...
Where the Action Is

Where the Action Is

Transactions Involving Smaller Commercial Properties are on the Upswing Big trophy properties in larger cities have certainly benefited from the recent strong real estate market, but last year’s bigger story was about the recent resurgence of smaller commercial properties. Transactions involving assets priced under $5 million were at record levels ...
Singular Attraction

Singular Attraction

| R J Palano | Article | Single Family
Nothing is as Easy to Buy, Sell, Rent and Manage as Single-Family Houses Single-family houses are the easiest to understand of all real estate investments and the easiest to liquidate. Most people in the United States live in houses, so we are familiar with the care and maintenance a home ...
To the Rescue

To the Rescue

Investing in Probate Property Gives You a Way to Help Others While Also Benefiting Financially Ever stop to think about all of the different types of property we accumulate throughout our lifetime and what becomes of it when we are no longer around? What happens to someone’s property when he ...
On Second Thought

On Second Thought

Which One Makes the Most Financial Sense for Your Second Home: Vacation or Long-Term Rental? Second homes are increasing in popularity, with more and more Americans looking to buy vacation property. According to the National Association of Realtors, vacation-home sales accounted for 21 percent of all transactions in 2014, their ...
The Wholesaling Story

The Wholesaling Story

Bird-Dogging Provides a Way to Ease into Real Estate Investing Since you’re reading this, you probably recognize that real estate investing is one of the best vehicles for making money and achieving long-term financial success. Many people, however, may not have the money, experience or confidence to become real estate ...
Finding the Bulls-Eye

Finding the Bulls-Eye

There's a Method to Determining Where and Why to Buy Single-Fmaily Houses I recently met an investor of single-family properties who made this statement when I asked him where and why he buys houses: “I am very specific about the single-family homes that I invest in. I only buy three-bedroom, ...
Within Reach, at Last

Within Reach, at Last

| Zach Fuller | Article | Single Family
An Understanding of Private Equity Funds Will Help Smaller Investors Move Beyond Single-Family into Commercial Real Estate Commercial real estate investments bring immense benefits that an investor is hard-pressed to achieve with a portfolio that is limited to single-family homes. However, individual investors traditionally have shied away from this asset ...
The Customer is Always Right There

The Customer is Always Right There

Your Relationship with Your Clients is of Utmost Importance, So Set the Right Tone from the Start The customer relationship is vital to the success of any business. As real estate investors, we operate a unique type of business, but that doesn’t mean the value of relationships is any less ...
The Beauty of Buy-and-Hold

The Beauty of Buy-and-Hold

Did You Know You Have Five Profit Centers in Each of Your Rental Properties When You Keep Them for The Long Term? Most investment opportunities have one potential profit center. When you buy an index fund or a mutual fund or gold, for example, all you can really do is ...
Comings and Goings

Comings and Goings

Choosing the Right Entry and Exit Strategies Will Help Ensure a Positive Outcome for Your Fix-and-Flip Deals When you watch our show on HGTV, you usually see me and my wife going through a lot of crazy things while we fix and flip houses for our real estate investing business ...
Playing to Win with Mobile Homes

Playing to Win with Mobile Homes

In Real-Life Real Estate Investing, It Is About Whether You Win or Lose Have you ever played Monopoly and through well-played strategy ended up with expensive, money-making properties? Did you always win the game when you played? I will admit to being competitive when I play games. And I will ...