When buying a self-storage facility, there is one sentence that is more powerful than any other you can tell the seller:“What would I have to do to get you to sell me this property?”Why is this so successful for the buyer? There are multiple reasons.
Read MoreLike all sectors of real estate, every RV park deal eventually ends up with an appraisal being performed. The verdict of that value decision can either make or destroy your deal’s ability to get financing – a bad appraisal is more than most buyers can overcome. So how do RV park appraisals really work? What attributes impact that value?
Read MoreRV parks can be an excellent investment, but only if you focus on the types of parks that succeed. Over the years, the specifics of RV parks has somewhat shifted, and it’s important that you understand what is working right now. The following is where the opportunity is in RV park investing today.
Read MoreSuccessfully buying a self-storage facility is based on making good choices established through proper research and due diligence. Yet, despite the roadmap being publicly available, many buyers screw things up for no reason. Here are what some buyers do to destroy their ability to succeed.
Read MoreRecent news articles on Trump University and Legacy (formerly Tigrent) have brought up the question of the value of ultra-expensive real estate “personal coaching”, which can sometimes run the student $25,000 to $100,000. To any outsider, this would seem like an absurd amount. We agree. But if this is way too high, then what amount is fair?
Read MoreThere are many unscrupulous groups that are trying to convince American investors that the only way to succeed in real estate investing is to pay $25,000+ for private coaching/mentoring. This is a terrible waste of money, and it is a complete fabrication to even pretend that such methods work. There are many reasons why.
Read MoreMany people feel insecure about negotiating commercial real estate deals. They feel that there’s some type of magical formula, or some super-human skill set that others possess. Well, forget those books by Donald Trump and others on the art of negotiating. There is no art to negotiating – other than how to approach it and the liberal use of common sense. Anybody can negotiate a commercial real estate deal, if they follow these easy steps.
Read MoreCommercial real estate encompasses a large number of asset classes, including retail, office, mobile home park, RV park, apartments, billboards, industrial, self-storage and raw land. Each of these asset classes has their own unique characteristics. So how do you decide which asset class to invest in?
Read MoreThere are many ways to invest. But the most proven way of obtaining high returns has been through commercial real estate. This is not just a recent phenomenon – it dates back to the founding of the United States. John Jacob Astor became America’s first millionaire through commercial real estate in Manhattan. And the fundamental reasons that commercial real estate is the #1 investment choice remain as true today as they were in the 1800’s.
Read MoreThe world is full of risks, and proper insurance allows you to mitigate these risks. If you ask any industrial property owner, they will rank insurance as their number one source of peace of mind, as it protects them 24/7 from a myriad of potential disasters. So how do you properly insure your warehouse property?
Read MoreOne of the worst dangers in real estate is to own property that becomes obsolete with modern design and tastes of tenants. And warehouse investing is no different. There are certain features that today’s warehouse tenants are looking for, and these are the ones that you should watch for when you are evaluating properties to buy.
Read MoreSection 8 of the Housing Act of 1937 (42 U.S.C. § 1437f), also known as “Section 8”, authorizes the payment of rental housing assistance to private landlords on behalf of approximately 4.8 million low-income households. The largest part of this law is the Housing Choice Voucher program which pays a large portion of the rents and utilities of about 2.1 million households. The program is managed by the U.S. Department of Housing and Urban Development. So how does Section 8 work?
Read MoreReal estate is all about location, location, location – and the same is true for AirBnb rentals. According to a new study, there are five markets that top the list on location, and five that are much weaker than all others. So what are the best five – and worst five – markets for AirBnb investing?
Read MoreA recent report on the industrial sector highlighted some of the facts and trends recording this industry. Here are some of the latest statistics for this niche.
Read MoreSection 8 housing is a unique niche of real estate investing – and also one that has unique benefits as well as disadvantages. It’s important that every investor considering this sector be fully aware of the issues involved. Here is a breakdown of the pros and cons.
Read MoreThere are few investors in the U.S. that have not been at least curious about AIRBNB investing and what the potential benefits and landmines are. The truth is that there are solid financial returns if you do it right, but also huge potential disasters if you fail to understand the business model or complete correct due diligence. So what are the Top Five things you need to know about AIRBNB investing?
Read MoreMany investors associate apartment investing with having to file evictions on troubled tenants. While it is true that apartment owners do have to use evictions as a method to remove those who won’t pay their rent or act as a good neighbor, many people do not understand the actual process. Here’s the A to Z of how evictions really work on apartment investment.
Read MoreReal estate investing in built on leverage – the concept of obtaining debt at an average of 70% to 80% of value. While many real estate investors think about the property, other focus on investing in the debt side of the business. And the best of this debt is called “first-lien” which means that, if the debtor does not make the required payments, the note holder takes back the property. So how does this sector of real estate work?
Read MoreBuying first-lien notes has been a very successful investment strategy since the origins of the real estate sector. But there are some basic rules that must be followed if you want to succeed at this strategy.
Read MoreThere are few investment vehicles more versatile than the standard American duplex. Essentially two dwellings that share a common wall (although sometimes a lower vs. upper floor) these economic workhorses have many different options to meet a variety of financial objectives.
Read MoreBenjamin Franklin once said that “diligence is the mother of good luck”. This is as true today as it was in 1776. When you conduct proper due diligence, you remove the risk from your investment’s success or failure. So what are some of the overlooked aspects of doing outstanding due diligence on a single-family home investment?
Read MoreShould you consider investing in a Bed & Breakfast? This is a question that many people across America are asking themselves as they strive to find a higher quality of life with less stress in an uncertain world. The answer can be somewhat complicated, and is completely personal in nature. How can you decide if a B&B investment is right for you?
Read MoreThere were a huge number of motels built in the U.S. in the 1950s through 1960s. While considered incredibly modern at the time, today they are either abandoned or in poor condition and catering to disreputable patrons. But in some markets, real estate pioneers are bringing these old time capsules back to life – and making huge profits as a result. Is there actually a business model in bringing old motels back from the dead?
Read MoreTo many investors – particularly those who enjoy boating – there can be no more exciting idea than owning a marina on a lake or ocean. But the fantasy does not always meet the reality, and there are some things that every potential marina owner should know before they take the plunge.
Read MoreThe only reason to buy a single-family home as an investment is to make money with it. And you can’t make money if you don’t have a tight handle on your expenses. And too many buyers do not put sufficient padding to cover the costs of converting a home from resident-owned to a rental property. Here are some things that buyers miss.
Read More