All too often, the most productive, successful people in the world are also the most stressed out, unhappy, basket cases in the world. Most of them probably think that happiness is more of an indulgence than a necessity and that if they want to stay on top of their game, they need to sacrifice leisure, balance, happiness, and all other [ Read More ]
Archive for August, 2010
A Real Estate Mortgage Investment Conduit, or REMIC, is a kind of special purpose entity, or SPE, made up of various mortgage loans for the purpose of issuing mortgage-backed securities, or MBS. Are you confused yet? Let’s break it down. A REMIC is a legal entity – a limited partnership or a limited liability company – created for no other [ Read More ]
Craigslist attracts over 10 million unique daily visitors, making it one of the most popular websites in the country. Its ad structure is city-specific, allowing you access to extremely relevant traffic. For these reasons, Craigslist is a powerful asset for real estate investors. Here are four ways Craigslist can help your real estate business today: Sell a house. When you [ Read More ]
Just like anything, procrastination takes work. Here are four practical tips for taking your natural tendencies to procrastinate and turning them into something that really sets you apart from the rest of the real estate world. If you truly dedicate yourself to them, you’ll be able to overcome any silly notions about success and become a master procrastinator. Don’t plan. [ Read More ]
Sometimes – especially when undertaking what may seem like a difficult task – our desire to be fully prepared for the task ahead makes us delay actually accomplishing the task. We want to study more, learn more, read more, and practice more instead of doing it more. There comes a point where you need to put down the workbooks, turn [ Read More ]
Utilizing basic accounting strategies is a great way to grow your business and become more efficient. As you save money and protect yourself from unnecessary fees, you’ll lay the groundwork for an even more successful business in the future. Here are a few simple tips from Professional Marketing International to help you make the most of your money: Watch out for [ Read More ]
Acquiring a broker license is an excellent way to broaden your skills and make yourself a more effective real estate investor. The process requires you to follow certain steps and then successfully pass a thorough exam, but the payoff is worth it. While each state has its own laws and criteria for brokers, there are some general things you can [ Read More ]
It’s been a few years since the housing bubble burst, bringing a dramatic increase in foreclosures and a drastic drop in housing prices. Since then, there have been government stimulus plans, tax credits, amazingly low mortgage rates, and other pushes to improve the market. In some areas of the United State, there has been significant improvement. However, some states are [ Read More ]
If investors were able to work successfully during the housing slump, they will likely have a much easier time working in a recovered market. Plus, if they were able to get their hands on any property while prices were low, they will end up with a healthy profit in the next few years when they decide to sell.
Imagine your real estate business working so smoothly that you have a buyer waiting in the wings each time you have a new property to sell. To make this happen, it’s important to build up a buyers list. This list should include any potential buyer’s contact information, as well as details on what kind of property they’re looking for. Here [ Read More ]
