Real Estate Investing Lead Generation’s 5 Commandments

Successful real estate investing comes down to knowing the difference between “opportunity” and “trouble.” Follow these 5 Lead Generation Commandments and knowing the difference will be a snap!

Memphis Project Continued

Ok… we’re off and running. After several hours on the phone with various departments of Memphis government, the City turned out to be a little more understanding than I thought. As the first lesson was “don’t assume anything,” the second lesson is “don’t overreact.” The City has released funds to our contractor and clean-up and construction has begun. As of right now, the tiny delay will be minor in the grand scheme of things. Now that the City is seemingly no longer an obstacle, the weather may be.

Case Study – Working in Memphis

This blog and my podcast has taken a little bit of a back seat in the last couple months as I’ve been out doing what I teach, investing in real estate. My latest project is a 14-unit multi-family building in Memphis, TN. It’s not my biggest purchase to date, however, it is my biggest project. You might be able to tell from the photos that I have my work cut out for me.

How to Be a Real Estate Investor

The list is seeming endless today regarding the number of people fighting for your undivided attention to show you how to be a real estate investor. Before taking action on any of their advice, whether it’s paid or free advice, I’d recommend researching their track record and current standing as a real estate investor. In more instances than you can probably imagine, the real estate investing education industry is saturated with “experts” that allege to know a bunch, yet come up a little short on the doing. There are two types of people in the real estate investing education industry…

Four Tips to Successful Creative Real Estate Investing

Necessity, as they say, is the mother of invention- which makes perfectly good sense during these trying times. With the troubled economy we are facing, we all try our best to survive and think of every possible way to earn some extra to help ends meet. In many parts of the country, it’s the best time in the last decade to invest in Real Estate to earn some extra… and do much more than survive. Thrive!

10 Books Every Serious Real Estate Investor Should Read

Ongoing education is important to stay ahead of the competition in any profession, and real estate investing is no different. Below are ten books in no particular order that I have found to be “game changers.” The more you learn, the more you earn. Enjoy!

10 Painfully Simple Steps to Improve Your Real Estate Investing

The lottery and real estate investing have two things in common. First, you’ve got to be in it to win it! Second, the silver bullet!

Where to Start in Real Estate Investing

Real Estate Investing can be quite tricky if you don’t know the ropes. Some even actually think that there are sure-fire ways to easily earn profit from this trade. There are tons of free video and audio courses, infomercials, books and even seminars about how to get started and succeed in Real Estate Investing, but trying to learn it all at once will not only get you frustratingly confused, you might even go crazy!

Understanding the Purchase Agreement, or else…

The purchase agreement is a necessary, and can be the most powerful, tool of the real estate investor. Unfortunately, most investors cheat themselves by not understanding the purchase agreement more. Tragically, most new investors are so terrified of the purchase agreement that regardless of how much they invest in their real estate investing education, they never do a deal due to that fear. Repeat after me, “The purchase agreement is my friend.”

How to “Clearly” Tell a Good Deal From a Bad One

Knowing the difference between a good deal and a bad deal is essential if you expect to invest in real estate for the long-term. Some are naturals at recognizing deals, and others… not so much. Either way, the skill can be learned through the right real estate investing education and real world experience.

The educated real estate investor answer to just about any investing question is, “It depends.” The question, “Is this a good deal?” is no exception. The answer depends on the investor’s goals and intent.

Is the goal cash or cash-flow?

Is the intent to invest long-term or flip quickly?

These are important questions to be addressed before the original question, “Is this a good deal?” can be accurately answered. However, a quick analysis to determine a clear initial opinion of “good deal” or “bad deal” can be had by using a simple acronym that was taught to me years ago… C.L.E.A.R. I still use it today.

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