Posted on May 24, 2008 by LargeCommercialRealEstate
There are a lot of real estate “gurus” out there, most specializing in a specific niche market. If you’re attending your local REIA meetings regularly and they are bringing in these gurus to speak at the meetings, then you’ve probably heard some of these people speak.
Here’s the typical real estate guru: they start out with [...]
Filed under: investing, real estate | Tagged: real estate expert, real estate guru | 1 Comment »
Posted on May 23, 2008 by LargeCommercialRealEstate
When you get into this business of real estate investing, one of the best things you can do is to join your local Real Estate Investors Association (REIA). To find group(s) close to you, visit www.nationalreia.com, click on “Find A REIA” on the left, click on your state and then find the group(s) closest to [...]
Filed under: investing, real estate | Tagged: 1031 exchange, Bill Twyford, Carleton Sheets, education, networking, REIA, Ron Legrand | Leave a Comment »
Posted on May 21, 2008 by LargeCommercialRealEstate
In my last post I mentioned buying your rental properties right. There are several formulas out there to buying real estate. Due to short attention spans, I won’t even begin to list them.
A common formula is After Repair Value (ARV) * 70% – closing costs – taxes – insurance – repairs – your profit = [...]
Filed under: investing, real estate | Tagged: arv, buying formula, cap rate, mike summey, mortgage, noi, rentals, weekend millionaire | 1 Comment »
Posted on May 18, 2008 by LargeCommercialRealEstate
“I don’t want to be a landlord!” I hear this phrase from many other real estate investors. They don’t want phone calls at 2:00 AM for an overflowing toilet (because 2:00 AM is when everything breaks in rentals). My response to these investors is “Okay, then don’t be. BE AN INVESTOR!”
Hire a property manager to [...]
Filed under: investing, real estate | Tagged: landlord, property managment, rental properties, wealth | Leave a Comment »
Posted on May 17, 2008 by LargeCommercialRealEstate
Hello, my name is Lon Peper and welcome to my blog on real estate investing. The name of my blog came from a friend of mine who keeps a folder in his filing cabinet labeled “Brain,” where he keeps important notes on various things he needs to remember for his job. I have adopted this [...]
Filed under: investing, real estate | Tagged: hello world, investing, real estate | Leave a Comment »