Real Estate Blog
Multifamily Niche Alternative: Investing in the Self Storage Sector
There is a growing need to find a multifamily niche alternative these days. While investing in multifamily real estate is still very popular among investors, it mainly has to do with the fact that they are basing it on its reputation a decade or so ago – the middle of the recession saw apartments booming, and many real estate investors made millions in record time by taking a piece out of the lucrative multifamily pie.
Six Ways a Property Manager Will Benefit Your Real Estate Investment.
When first step into real estate investment, it is easier for you to manage your properties and keep the costs low. However, there comes a time when creating more time to focus on acquiring more investment properties is the best course of action. When do you need to hire a property manager? Well, this is the time when you find your schedule too fixed that you can’t have time to secure more deals. A property manager will benefit your investment much more and it’s a worth investment. Besides collecting rent, a property manager will also organize repairs and screen applicants. Being a landlord requires much dedication and commitment. This is a burden you can let a property manager to handle and ensure you get the most out of your investment.
Why Invest in Real Estate?
We no longer live in an age where financial wisdom is limited to sticking money under the pillow. These days, there are stocks, savings, bonds, commodities, currencies, and countless other ways of making a money grow. One of the most popular options that people choose to invest in is real estate. And there is a very good reason why.
Is Real Estate Investing a Get Rich Quick Scheme?
You must have seen any Real Estate gurus appear on your TV screens sipping drinks on a beach-side home, surrounded by peace and beautiful women in minimal clothing? You also remember them telling you that this lifestyle is up for grabs and anyone can be rich if they buy into his deceit. Now, all the gurus out there aren’t liars but unfortunately many among them are. No matter how much easy real estate might seem coming from them it is not!
Can You Get Rich Quick with Real Estate Investing?
Over the years, real estate investing earned a reputation as a get rich quick scheme. The result is that it attracted the attention of two kinds of people: the first is people who thought real estate investing is a scam. The second are those who have no passion for the business, who just want to get rich quick with real estate investing.
If you don’t fall into either of these two groups, you are perhaps wondering if real estate investing is really worth the effort. But first, you need to be sure whether you can really get rich quick with real estate investing.
Pros and Cons of Pocket Listings
Pocket listings are the latest trend in the world of real estate. These listings are used to gain maximum profit in a given amount of time. It is a an agreement between the real estate professional and a seller that allows the seller to place their property for sale at multiple listing services without adding personal information. We have listed some pros and cons of these listings to help you decide better.
A Guide to Performing Due Diligence on an Apartment Building
Buying an apartment building is a great way to make money. However, this remains true only if you don’t do it wrong when buying it. You can easily lose money if you fail to follow the right process. Due diligence is the nitty-gritty part of apartment building investment that is often ignored by investors. Apartments and other large properties require thorough due diligence because more investment money is at stake. It is one way to confirm all material facts regarding a sale and determine whether you’re satisfied with the state of the property. Performing your due diligence prior to the end of the inspection period is important because it gives you the opportunity to renegotiate or back out the deal.
Top Five Components of Real Estate Wholesaling
Is real estate wholesaling right for you? This is a common question among newbie investors and enthusiasts. One of the best ways to get started in real estate investing is to get into real estate wholesaling. Wholesaling real estate is when the wholesaler puts a property under contract and then assigns the contract to another interested investor. The wholesaler acquires the property at a discount and resells it at a profit. What makes real estate wholesaling most attractive is that it is the end investor who carries most of the risk. Closing wholesale deals is a great way to supplement your income and build your network as you grow in your real estate business. Understanding the rudiments of real estate wholesaling is vital for the overall success of the wholesaling business.
Top Commercial Real Estate Due Diligence Mistakes to Avoid
Any purchase in the commercial real estate industry is a huge investment. To the contrary, due diligence in commercial property investment is rarely talked about. Other factors such as raising money and negotiating the deal are mostly given more attention. Whether you’re a commercial real estate professional, tenant, buyer or seller, understanding the importance of due diligence is vital. Conducting due diligence helps you avoid costly mistakes and improve your skills as a real estate investor. Investors who focus on other aspects of the deal and fail to do the essential research most make expensive mistakes at the end. Below are the top due diligence mistakes from a 31-year investor that you should avoid.
Does Infinite Banking make sense to you?
Introduction
Infinite banking, although it has been around for at least a century, didn’t become a famous concept until 2000. The enhancement of this idea is in thanks to the book “Becoming Your Own Banker” by Nelson Nash.
Understanding what infinite banking means can be a formidable task, but worthwhile to the right person. It may not be for everyone, but learning the basic values of infinite banking should be on your investment list of things to know.