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You know, it's utter nonsense to submit offers to sellers and just hoping they'll accept. Sure, I used to do that; and I'd sit there by the mailbox with my fingers crossed, praying the mailman had more than bills and junk mail for me today. And every now and then one of those...
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Being a real estate investor means protecting yourself from potential scams. Just because someone holds a professional license of some kind doesn’t mean that he is honest. You can probably order one of these licenses over the Internet. We know that it can be scary getting...
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"Real estate investing fever" has hit like a plague.
Zillions of "newbie" investors are jumping on the bandwagon trying to make a profit after losing big in the stock market. I meet them all the time, and many are making big mistakes!
Mistake #1: Stock market mentality
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Are you a newbie attending a real estate investing club? Learn the rules before you attend?
If you want to get the most out of a real estate club, follow these five rules...
1. Get what you can from each speaker
Real estate investing clubs are often underfunded and...
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It amazes me how many people start investing in real estate, only to fail when the going gets tough. As soon as people discover they can't get rich in a week or two, they are on to the next “guru" secret. It’s the same as weight loss--everyone talks about it, many try it, but...
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It surprises many beginning real estate investors when I recommend they get started investing without using their own money. They find it hard to believe that sometimes having money can be detrimental to learning to be the best real estate investor you can be.
It’s just...
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