A 78 Sq Ft Tiny Apartment? No Way is He Happy.
I've always believed in the theory, "different strokes for different folks," but I'll be damned to believe that this guy could possibly be happy living in a 78 sq ft apartment. Seriously, is this what its come to? There's a new trend emerging in "home and garden" media. It seems that we Americans are insanely fascinated with other Americans who live in apartments the size of sardine cans. Oh how we love our extremes. First McMansions for everyone, now let's trade them in for phonebooths for all! (said like Johnny Carson) That apartment is so small... (audience) HOW SMALL IS IT? (Johnny C) That ...
Positive Housing News Continues
The guys at TWBS (ThinkBigWorkSmall.com) are at it again with another great video. Did you hear about the latest housing news? Its positive again. And, as much as I'd like to say, I know why - I really don't know precisely why people are buying. Could be the ultra-low rates, could be that buyers now believe that price have hit rock bottom, heck - maybe its just penned up demand finally breaking loose. Whatever the case positive housing news continues in May 2012. As an aside, one day, (I'm dreaming here) - I want to be like the guys at TWBS. ...
Old School Real Estate Wholesalers Living Large.
There are real estate wholesalers, and then there are real real estate wholesalers. Although the old "fake it 'till ya make it" theory may tried and true, the point of that saying is that eventually you're supposed to stop faking it once you know what the heck you're doing. But some real estate wholesalers take it to the extreme. They'll fake it for as long as they can get away with it. Women everywhere continue to put on Academy Award winning performances, yet In the world of real estate wholesaling, the fake won't fly. So how to you spot real deal real ...
Do You Have an “Oh Crap” Property Repair Fund?
If you've been able to avoid major repairs on your rentals, pour yourself a big ole' bowl of Lucky Charms, and count your blessings. The odds of having little to no repairs to do on your properties, especially the older ones, are as good as me getting a date with the Queen of England. But don't get too cocky and comfortable. Sooner or later, a water heater's gonna go or you'll need to do some major plumbing or replace a roof. What about a property repair fund for scheduled and unscheduled maintenance? The question is - are you prepared? Property repairs are ...
Private Money Partners. Debt or Equity.
Funding your real estate deals can be as challenging as finding a red-hair in a haystack. What? That's not how the saying goes? Whatever. You get the point. When you've got a bunch of experience and you're ready to start looking for private money to fund your real estate deals, you'll come to a fork in the road. Go right, you'll work with debt partners, and if you hang a lefty, you'll find equity partners. Both can be helpful, and both are very different. Money don't come for nothin', so one thing is for sure; no matter which way you ...
DISC PIAV Profile. Your Biggest Strength is Knowing Your Weakness
Strengths. Everyone's got them. Problem is, most people don't know what their strengths are. If you're unsure of what makes you happy? If you don't know what really juices you, you've got to find out. You can do it today by taking a DISC PIAV Profile Assessment. So how do you determine what your strengths are, and how can you apply them to your house flipping business? Maybe your strengths don't even suit you for this business....ever thought of that? Once you're able to recognize what truly juices you, you'll be able to use that to your advantage. You'll be better ...
A 78 Sq Ft Tiny Apartment? No Way is He Happy.
I’ve always believed in the theory, “different strokes for different folks,” but I’ll be damned to believe that this guy could possibly be happy living in a 78 sq ft apartment. Seriously, is this what its come to? There’s a new trend emerging in “home and garden” media. It seems that we Americans are insanely fascinated with other Americans who live in apartments... [Read more]
Positive Housing News Continues
The guys at TWBS (ThinkBigWorkSmall.com) are at it again with another great video. Did you hear about the latest housing news? Its positive again. And, as much as I’d like to say, I know why – I really don’t know precisely why people are buying. Could be the ultra-low rates, could be that buyers now believe that price have hit rock bottom, heck – maybe its just penned up demand... [Read more]
Old School Real Estate Wholesalers Living Large.
There are real estate wholesalers, and then there are real real estate wholesalers. Although the old “fake it ’till ya make it” theory may tried and true, the point of that saying is that eventually you’re supposed to stop faking it once you know what the heck you’re doing. But some real estate wholesalers take it to the extreme. They’ll fake it for as long as they... [Read more]
Do You Have an “Oh Crap” Property Repair Fund?
If you’ve been able to avoid major repairs on your rentals, pour yourself a big ole’ bowl of Lucky Charms, and count your blessings. The odds of having little to no repairs to do on your properties, especially the older ones, are as good as me getting a date with the Queen of England. But don’t get too cocky and comfortable. Sooner or later, a water heater’s gonna go or you’ll... [Read more]
Private Money Partners. Debt or Equity.
Funding your real estate deals can be as challenging as finding a red-hair in a haystack. What? That’s not how the saying goes? Whatever. You get the point. When you’ve got a bunch of experience and you’re ready to start looking for private money to fund your real estate deals, you’ll come to a fork in the road. Go right, you’ll work with debt partners, and if you hang... [Read more]
DISC PIAV Profile. Your Biggest Strength is Knowing Your Weakness
Strengths. Everyone’s got them. Problem is, most people don’t know what their strengths are. If you’re unsure of what makes you happy? If you don’t know what really juices you, you’ve got to find out. You can do it today by taking a DISC PIAV Profile Assessment. So how do you determine what your strengths are, and how can you apply them to your house flipping business?... [Read more]
Getting To Yes. Negotiate Your Opponent’s Pants Off!
Negotiating. I know, I know. Just the thought of it makes you feel all nervous and uncomfortable inside, your palms start to sweat, you suddenly feel like you should be wearing an eye patch, gold chains, & bustin’ rhymes and the name on your office door should now read, “Slick Rick.” Listen up, when you put on your negotiating hat, you don’t have to seem like you just stepped... [Read more]
Fannie Mae Posts Biggest Profit Since 2007
Call me skeptical, call me jaded, just don’t call me late for dinner. I once had a girlfriend whose father must have dropped that tired little ditty a million times during the 6-years we were together. I wanted to puncture my ear drums with knitting needles every time he said it. What’s this have to do with real estate, Craig? Not a damn thing, really. I just read the following headline... [Read more]
Real Estate Markets Hot or Cold? It Doesn’t Matter.
Is your real estate market is too hot to handle or is it cold as a cadaver on a marble slab? I reluctantly live in the People’s Republic of Maryland (very liberal) – and thankfully we didn’t get hit too hard by the housing bubble. Unemployment in MD is still a few points below the national average, and our housing prices seem to be stable. In fact, Maryland, DC, and Northern VA are... [Read more]
Building A Wholesale Buyer’s List. Its Easy as 1-2-3.
Just because you found the deal, that doesn’t always mean you’ll see the money. When it comes to wholesaling, the biggest worry (other than, “how can I find an avalanche of deals” is, “how do I actually sell the homes that I have under contract?” This is where wholesalers often hesitate to get the ball rolling. This is where any momentum gained is usually stopped... [Read more]
