Here is how cash flow works: Cash is coming in from rents collected on properties. Cash is going out of your business in the form of payments for expenses, like mortgage payments, taxes and other monthly expenses.
People lose their homes. It’s an awful experience for most, and the situation comes with myriad emotions. You can help turn the situation into a win-win experience, but if you don’t know how to properly tackle the sensitivity of the topic, you aren’t going to help anyone.
A good rule-of-thumb to remember in residential real estate is: The smallest, ugliest house in a nice neighborhood has better investment potential than the biggest nicest home in a rundown neighborhood.
Successful investors build a team before the first offer is made. Here is who to find when you are putting together your own real estate investing A-Team.
Each succeeding generation has a time when they dominate the first-time home buyer market, and each generation brings their own unique requirements and expectations to that market. Now is the time for the generation commonly called Millennials to move into the ranks of home ownership.
Vince Lombardi is considered by many to be the greatest football coach of all time. His philosophy of coaching had a simple premise: success is achieved by knowing and practicing the fundamentals of the game.
There are no short cuts around the Circle of Wealth. Yet, every day, our goal here at the companies of the Secured Investment Corp. is to create vehicles to shorten the time it takes to make that cycle. The latest addition, to speed the way, is SIC’s new Circle of Wealth Fund III LLC.
Just as you need a full physical toolbox in working on a house, your need a full toolbox of strategies and tactics in your real estate business. One approach does not work in in every season, every market and every economy.
The question came to mind, “How does someone become a Hall of Famer and what attribute elevates these above all the rest?” How can we, as real estate investors, emulate that winning tradition?