Here you will find Real Estate Investing Resources, Tips and Advice for FREE.  We help close that gap between what you know and what you need to know to get real estate deals done!

This is Part II a very interesting “No Questions Barred” conversation with a student and another knowledgeable investor.

Check out Part I of this juicy conversation How to Evaluate Real Estate as an Investment Part I

What you will Learn:

• State of current Real Estate Market
• How to determine where to invest
• Understanding your risks
• Tips to acquiring private investor money
• How to Structure a deal with a private investor
• Find out what banks are doing with the HUGE amounts of inventory on their books

Listen Now!!

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

running time approx. 56 min.

Disclaimer: This content is shared with the understanding that the author is not engaged in rendering real estate, marketing, financial, legal, accounting, or other professional advice.  If legal, real estate, marketing, financial, accounting, tax advice or other expert professional assistance is required, the services of a competent professional, with expertise in the required area, should be sought.

One  leading cause of  new real estate investing business failure is poor management.   The small real estate investing business owner must also be capable of gathering and maintaining an effective team (good Attorneys, CPAs, Mortgage Brokers, Private Lenders, Contractors, Marketing Specialists, Realtors, Home Inspectors, etc).
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Listen in as I have a “No Questions Barred” conversation with a student and another knowledgeable investor.

What you will Learn:

• State of current Real Estate Market
• How to determine where to invest
• Understanding your risks
• Tips to acquiring private investor money
• How to Structure a deal with a private investor
• Find out what banks are doing with the HUGE amounts of inventory on their books

Listen Now!!

Audio clip: Adobe Flash Player (version 9 or above) is required to play this audio clip. Download the latest version here. You also need to have JavaScript enabled in your browser.

running time approx. 58 min.

How to Evaluate Real Estate as an Investment Part II

Disclaimer: This content is shared with the understanding that the author is not engaged in rendering real estate, marketing, financial, legal, accounting, or other professional advice.  If legal, real estate, marketing, financial, accounting, tax advice or other expert professional assistance is required, the services of a competent professional, with expertise in the required area, should be sought.

The author specifically disclaims any liability, loss or risk, personal or otherwise, incurred as a consequence, directly or indirectly, from the use and application of any of the information contained in the following or any implied use of the material content.

Without Adequate Funding Your Business is Doomed to Fail:

Lack of adequate start-up capital is often the downfall of small real estate investing businesses. Not having enough cash on hand as you fight to get your business going can lead to business failure. There is a period of time between when the first profits are received and when the initial acquisition occurred. You must be able to account for the unforeseen problems, this is likely to be more than just a few months rent and marketing expenses.

One way to handle marketing and start up costs would be to attract investors (family, friends, and others) who would invest in your business, in turn you provide them with a Return on their investment. The keys to implementing this strategy are confidence, focus and having a detailed business and Return On Investment (ROI) plan.

If you do not want to seek out investors you could take money (equity) out of your home. Remember, getting into debt is your own choice and I may not recommend this to every real estate investor who needs start up cashflow. But, this does provide a way for you to invest in yourself. This is a technique that if properly planned and executed can be used to see your way through any unforeseen expenses that arise when starting your real estate investing business.

Last but not least is the almighty credit card, this is the most popular among investors. The problem with credit cards is that, depending upon your credit status, interest rates can be very high and most cards do not have a large enough credit limit on them to fund your business for the first 6 months to a year.

Operating a real estate investing business would be considerably easier if enthusiasm, hard work and dedication were the sole requirements for success. But the fate of every enterprise ultimately depends on the numbers. An accurate, easily understood and timely accounting system therefore is an absolute must. Otherwise, accurate records will be impossible to keep – one of the worst mistakes a small real estate investing business owner can make.