Real Estate Investing | Real Estate Training | Property Investing | How to Invest In Real Estate

The only real solution for real estate investing mistakes is consistent action! You’ve got to stick with it and realize that part of learning process. You WILL make mistakes… and you will continue to make them for as long as you choose to invest.

The key is to learn from each and move on. Add it to a policy and procedure manual so to speak! And avoid that particular real estate investing mistake in the future!

When I first started in real estate, I would document every real estate deal in detail. I would be sure to document: (1) What went well, (2) What didn’t go well!, Read the full story

REO investing is moving faster than a speeding bullet!

Over the last few years, many areas throughout the country were flooded with foreclosures that sat on the market for 1, 2, even 3 years; finally forcing the banks to complete the foreclosure process and take the properties back…hence making them REOs.

If you haven’t yet added REOs to your investing business, you are really missing out on a huge goldmine that is just starting to gain momentum.

In order to be successful, however, it’s critical to begin finding buyers for a successful REO business.

Here are 5 fast ways you can find buyers to build your REO Buyer’s list. Read the full story

I grew up in a small town in New England. I had no choice other than to be patriotic and proud! We took field trips down the path of Paul Revere and visited the cemeteries of our forefathers. We walked on battleships that served in wars and stood in the same buildings that history was made.

Yet now… more than 230 years later, it’s as if we’ve forgotten. We’re so busy fighting wars in foreign lands, closing down our borders and trying to save the world from famine, we’ve lost what it means to be American.

To be an American means so much more than just to be born here, it means freedom: freedom of speech, freedom of religion, freedom of choice. America means capitalism, competition, a free market and democracy. To be an American means to have a dream, a goal, a desire, the American Dream.

So, if you are going to pursue the American Dream, then do it passionately and be proud that you are an American. Know that because of where you live, you have opportunities that others don’t. Define your dream and go after it with the same passion that our Founding Fathers had when laying the foundation for our country. Know that in achieving your dreams, you will have sacrifice and you will have loss along the way. Stick with it when it seems like you’re losing ground. Remember… wars are won battle by battle! And wars are lost one battle at a time!

My advice to you is to get in and stay in. The rewards will be worth it in the end and the financial freedom will be yours to enjoy and pass on to your children and your children’s children.

And … no matter what your opinion is on the war(s), take a moment to honor those that have fought for this country and those that have made the ultimate sacrifice so that you can be an American and enjoy our freedom. Happy 4th of July! Take a moment to post your comments about what you’re doing to create your own American Dream!

And now for you history buffs… A friend of mine forwarded this to me and I thought I’d share it with you! Read the full story

We’re often inclined to think that we can handle it all in our real estate businesses, especially in the early phases of the business. There are 7 key people that you need to have on your team… I realize it’s a balancing act because you’re often faced with balancing the financial aspects of a new business with finding the right people. However, the cost of NOT getting the right advice can be crippling.

My very first partnership was with a long time friend. We’d attended some workshops and trainings, asked an accountant and attorney we knew what we should set up for the business entity, and ultimately set up a basic corporation with an s-election. We weren’t real clear on what we needed it for and were primarily looking at the tax beneifts. Well, from a tax perspective, we did alright, I suppose. But, what we didn’t factor in was what was going to happen when we inevitably wanted to go in different directions.

We were warned by a good friend and mentor early on. He said, “Partnerships will only survive as long as both people need each other. Once either one is able to stand on his/her own, the partnership no longer works.” And we, of course, said, “Yeah, but we’re different.” Read the full story