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Last week I was buying a dishwasher with the tenants for one of my rentals. We went to Sears. Could we have gone to Best Buy, Home Depot, or Circuit City? How about Pete's Previously Enjoyed Appliances? Sure, but we went to Sears where the tenants can feel like I am taking...
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Consistently putting deals together is easier than you think. Really! Making things happen and making serious money as a real estate investor doesn't require luck or extraordinary negotiation skills, and it doesn't take talent or money or a masters degree in business.
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In my early real estate days, I'd walk through a house for sale and point out all the defects to the seller (as if he didn't already know about them). We'd then engage in a sort of tango where I'd say, "It's a big problem that'll cost five thousand dollars to fix." And he'd...
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Still looking for property?
Not me. I've given up "looking for houses." Yes, I've just flat out kicked the habit and no longer have any interest whatsoever in that sort of thing. There's a better way to get those bargain properties into my hands, and it doesn't involve...
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Fred was like most investors and entrepreneurs; he had no idea that mobile homes could be a good investment and a good money maker. What little he had heard about mobile homes wasn't very flattering. But he had read a book about how you could make money with them and called me...
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The most important thing we can do to improve our income, net worth, and our lifestyle is to do things today that will result in additional income in the future. Indeed, fortunes are being made by those who recognize needs when they exist--and then go about finding ways to...
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