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.

Three Types of Freedom

Three Types of Freedom

00:06:14 | Everyone has a personal view of what freedom means to them. Which of the three freedoms Dani and Flip mention means the most to you? Do you have another face of freedom you want to tell us about? Share in the comments! ...
Budget Spreadsheet (Excel)

Budget Spreadsheet (Excel)

Use this Excel spreadsheet to organize your budget over multiple real estate investment projects. This Excel spreadsheet template includes: Cells to input key property variables, including location, property type, number of units, status, price, and more. Ability to customize to your own profit margin tolerance TIP: Customize this spreadsheet to ...
Deal Analyzer (Excel)

Deal Analyzer (Excel)

Use this Excel spreadsheet to determine your maximum offer on a property This Excel spreadsheet template includes: Cells to input key cost variables, including property values, pricing, transaction and finance costs, holding costs, repairs, and more Ability to customize to your own profit margin tolerance Functions to automatically calculate totals ...
White Letter Template (Word)

White Letter Template (Word)

Use this letter to mail property owners about selling their unlisted, off-market property. This Word document template includes: Helper text to highlight where customization is needed Explanations for the methodology used so you can decide what will work for your goals. TIP: After customizing, to easily delete all helper text ...
Think Realty Podcast #263 – Building Dreams and Achieving a Legacy

Think Realty Podcast #263 – Building Dreams and Achieving a Legacy

Are you familiar with the built to rent concept? Brandon Cobb from HBG Capital stopped by to chat with Eddie Wilson to discuss how he transitioned from a career in medical device sales to real estate, what HBG Capital does and what a build to rent community is. They talk ...
Is Affordable Housing a Wise Investment?

Is Affordable Housing a Wise Investment?

Unless you have been hiding under a rock the past few years, you’ve heard the United States has an affordable housing crisis. Lack of affordable housing is one of the top, if not the top, issues for the U.S. housing market. Prior to the housing market boom of the last ...
How to Be a Smart Real Estate Investor in a Tight Market

How to Be a Smart Real Estate Investor in a Tight Market

As you search for new property in a tight real estate market, there’s often no room for negotiation or an opportunity for substantial ROI. In today’s economy, limited real estate availability and rising inflation often result in new requirements for proof of liquidity. In the short term, uncovering higher prices ...
Buy and Hold

Buy and Hold

The process of purchasing real estate as a long-term investment. Buy-and-hold investing may involve simply purchasing a property and paying the mortgage in order to cash in on equity at a later date, buying turnkey or actively managed rental properties, or buying land outright and simply holding it until a ...
Broker

Broker

| Think Realty | Glossary | Operations
n. A real estate broker has passed a state real estate broker license exam and can work as an independent real estate agent or have other agents working for them. v. Arranging the details of a deal ...
Benchmarking

Benchmarking

| Think Realty | Glossary | Operations
The practice of comparing one’s business processes and performance metrics to other companies in the same industry to establish industry standards and norms ...
Benchmark Data

Benchmark Data

| Think Realty | Glossary | Operations
Benchmark data is collected from industry sources to determine how businesses are performing. Typically, the most valuable data of this type comes from the highest-performing businesses ...
Bedroom Community

Bedroom Community

Residential suburb inhabited mostly by people who commute to a nearby city to work. In California, bedroom communities may be located an hour or more away from the commuter destination ...
Bank-Owned Property

Bank-Owned Property

| Think Realty | Glossary | Funding
A piece of real estate owned by a bank or other lender that has foreclosed on the property. Bank-owned properties may also be referred to as REOs (real estate owned) ...
Asset Protection

Asset Protection

A collection of laws, strategies, and practices that make it difficult for one party to abuse the legal system to take things from another party ...
Assessed Value

Assessed Value

The value of a residence, usually for tax purposes. This value should involve comparable home sales in the area and property inspections, and is used to calculate property taxes. These are not always up-to-date ...
Appraisal

Appraisal

An expert valuation of a house by a qualified appraiser ...
Annual Percentage Rate (APR)

Annual Percentage Rate (APR)

| Think Realty | Glossary | Funding
The annual rate charged on borrowed money or earned through an investment. APR is usually expressed as a percentage representing the actual yearly cost of the funds over the term of a loan ...
After Repair Value (ARV)

After Repair Value (ARV)

The value of a property after repairs are made. ARV usually refers to the value of the property after it has been brought to a level comparable with other properties for sale in the area, but can simply indicate the value of a property after planned repairs are made. Investors must ...
Affordable Market Value (AMV)

Affordable Market Value (AMV)

The Federal Deposit Insurance Corporation (FDIC) defines affordable market value as the amount a buyer or tenant can pay to purchase or rent a property based on their income, not necessarily the appraised value of the property ...
Absentee Owner

Absentee Owner

| Think Realty | Glossary | Operations
A property owner who does not live in the area in which a property is located. Also a good source for potential leads ...
Four Ways to Make Money in Real Estate

Four Ways to Make Money in Real Estate

Real estate is one of the most sought-after methods of making money. People sometimes view it as an easy way to make your money work for you, but it isn’t that easy. While there are a few great ways to make a living or money on the side with real ...
Think Realty Magazine March/April 2023

Think Realty Magazine March/April 2023

+ WHAT'S INSIDE Investment Strategy |  How to Be a Smart Real Estate Investor in a Tight Market •Is Affordable Housing a Wise Investment? • 17 Ways You Can Make Money Investing in Real Estate Special Focus: Education in Real Estate Investing |  Why Experience Is the Best Education • ...
Prepare for the Busy Rental Period to Shorten Vacancies

Prepare for the Busy Rental Period to Shorten Vacancies

During the winter months, many properties see their lowest rental rates, negatively affecting the overall cashflow for the owner. In some areas, rain and snow have also taken their toll on the property, leaving it less favorable going into the busiest rental season. Leasing the property in this condition could ...
Cultivating Your Creative Ability

Cultivating Your Creative Ability

Everyone knows that for the design side of any renovation, the sky’s the limit when it comes to what one can spend! Becoming familiar with creative alternatives allows you to design eye popping renovations without busting your budget. Turning a great profit is, after all, the end game! Getting Comfortable ...
Why Real Estate Versus Other Investments

Why Real Estate Versus Other Investments

00:09:48 | Flip and Dani compare real estate versus other investments i.e. crypto bandwagon, banks, retirement accounts, etc. Here are the benefits of investing in Real Estate: Cash Flow and Passive Income, Appreciation, Tax Benefits, Leverage, Principal Pay Down, Cash Out Refinance, Inflation and last but not least, It's a ...