Great article in today’s Sun Sentinel out of Ft. Lauderdale. Check it out! Question: I read in the paper that the banks are starting the foreclosures again. I just got served with a foreclosure lawsuit. Can you explain the process in layman’s terms? Answer: Each state has different versions of the foreclosure process. In Florida [...]
Read More5 Things That Can Kill Your Real Estate Biz
1. Lack of knowledge: Obviously you can’t be a success in any field if you don’t have the knowledge. What you choose to do with it, of course, is up to you! 2. Lack of motivation: This is a tough one because we are all motivated in different ways and by [...]
Read MoreTo Flip or Not to Flip? Depends on the ROI
To flip or not to flip. That is the question. Not all purchases are created equal. That is, Property A may not be suited for the same strategy as Property B. Two of the main exit strategies I employ in my business are flip & hold. To help determine which is best suited for a particular property, [...]
Read MoreInvestors See Bigger Profits From Rising Rents
Check out the good news RISMedia reported in October. . . Rental demand and prices continue to soar, and investors are cashing in. Rents are rising at a 5.17 percent annual rate – up from last year’s 4.72 percent rate. If rents continue to grow at their current pace, they won’t be too far behind [...]
Read MoreBuild Your Real Estate Dream Team
1. Realtor/broker: A realtor will give you access to your local MLS. This is essential if you’re obtaining properties through other realtors. If you have a real estate agent in house, it’s important to choose the right brokerage. I would suggest finding a broker familiar with investment, not one who is looking to turn your [...]
Read More