When buying a property, in my market, I need to be in it at no more than 70% including purchase, rehab and closing costs. Fix it up, re-finance it at 75% to 85% loan to value, and pull out the cash, which by the way is Tax Free cash, as you don’t pay tax on borrowed money. Then you can rent the property out at a positive cash flow and have Tax Free cash in Read More
Retiring? Invest in real estate When a person reaches a particular age where he or she ceases working, it is the stage of retirement. Such stage usually materializes when a particular person arrives at a pre-determined age, where physical aging prevents a person to render his work and services to the community or anywhere else. There are also people who quit employment based on their own decisions. This could be for a number of reasons Read More
Identify the ways to flip a property Flipping real estate is a buzz term that has come screaming into mainstream media in the last few years. Its growing popularity is evident by the magazine articles, TV shows and Average Joe teams trying to break into the business. Is it easy? What is it? How does it work? Flipping real estate simply means purchasing or acquiring a property then reselling it quickly while attempting to earn Read More
This is what happens when Larry is out of the office for the day and Kenny is put in charge. Don’t forget to join us this weekend for Investor Palooza 2013 in Charlotte, NC. There are a few seats left, register today.
Here are some photos of Larry with his Inner Circle students from January.
Jack Bosch will be speaking at this years Investor Palooza, to be held in Charlotte, North Carolina February 15th-17th. A European immigrant to the United States in 2000, Bosch took over three years to create a land investment system that has seen him do over 3,000 deals in the last ten years. When he arrived in the US, Bosch had no knowledge of real estate. Nowadays he and his students make deals all over the Read More
10 Secrets Every Real Estate Investor Should Know Success in any business is the direct result of your experience and the knowledge you have. Regardless of the industry, there are key elements (or secrets, if you are partial to buzz words) that will insure success. Of course, you have to know how to utilize the information; otherwise you’re on the fast track for failure. This is especially true for a real estate investor. To get Read More
Andy Heller will be a featured speaker at this year’s Investor Palooza, the year’s most anticipated event for real estate investors. Heller is known for his long term investment strategies, which he practices 2 – 5 hours each week while still working his full time job. Andy and his partner, Scott Frank, have purchased, rented and sold over 100 properties in recent years. Their investing system, called “Buy Low, Rent Smart, Sell High”, is a Read More
Negotiating Win, Win Transactions in Real Estate Investing Negotiating is a very important part of becoming a successful investor. You can’t negotiate with properties. You have to negotiate with people. Remember that people do business with people they like and trust so it is important to always be respectful to people and treat people the way you want to be treated. When you become a real estate investor you’ll come into contact with all kinds Read More
Advantages of Investing in Multi-Units One target market in real estate investing is “Multi-Unit” complexes. The term Multi-Unit can include a variety of properties: Duplexes: two residential units under one roof Triplexes: three residential units under one roof Fourplexes: four residential units under one roof Multi-Unit Complexes: six or more residential units under one roof The first 3 types, duplexes, triplexes and fourplexes, have similar qualities that attract real estate investors: There are automatically 2-4 Read More