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Here are five tips for successful negotiating.
Tip one: Four ways of dealing with seller objections
There are four ways to handle objections. Here is the list in order of least desirable to MOST desirable:
1. Flop! This means NOT dealing effectively with the objecti
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Tip one: Banks do not want to foreclose on real estate
I've seen a lot of investors miss out on huge profits because they just don't understand how far banks will go NOT to take back a property. Banks don't want to own real estate. Banks don't want to have bad loans on...
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If you had the chance to start over again, knowing what you know now, what would you do differently the second time around? This question cuts to the core of the essential lessons of a lifetime of real estate investing. Here is my six-part answer to this question.
Realize...
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The quirky practice in grading mobile home parks with a "star" rating (usually ont to five stars) exists for no other type of commercial real estate.
What makes this interesting is that almost no one who uses the rating knows what it means or where it comes from. I get a...
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I think investors as a whole have a bad reputation. People think of us as sharks, piranhas, and vultures. They think we thrive on taking advantage of people in distress to better ourselves.
I don't believe that is true. I see investors as a group of folks who help people...
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Here is what I tell beginners...
First, evaluate how much time you can commit to real estate investing. If your approach is "hit or miss," your results will be too.
Second, go to the street. It is the best teacher. Rather than talking about doing deals, reading in the...
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