The Real Estate Professional status is a designation given by the IRS based on the number of hours that you work in real estate activities versus other activities. It doesn’t mean that you have to become a real estate sales agent or broker. You don’t need to drive around showing people houses or putting out “for sale” signs.
Read MoreEach of us resides in at least one of the four Quadrants of the CASHFLOW Quadrant. Where we are is determined by where our main source of income comes from. Many of us rely on paychecks and are therefore employees, while others are self-employed.
Read MoreThe “due on sale” clause is probably the most talked about, most feared, and most misunderstood topic in real estate investing.
Read MoreI was speaking on financial intelligence a while back to a group of university professors in Singapore. At the end of the talk, one of the professors asked me:“Where did you learn about business and why do some people make more money than others?”
Read More[This article is Step One in the series “10 Steps to Subject to: Get Paid to Buy Pretty Houses in Nice Subdivisions.”]
Read More[This article is Step One in the series “10 Steps to Subject to: Get Paid to Buy Pretty Houses in Nice Subdivisions.”]
Read MoreThis article is Step Two in the series “10 Steps to Subject to: Get Paid to Buy Pretty Houses in Nice Subdivisions.”Seems simple, doesn’t it?
Read MoreThere’s an old real estate scam going around again. New investors who don’t know better are being taken in by more experienced investors offering to help them get started investing in real estate.
Read MoreIt is virtually impossible to complete a successful short sale without dealing with the loss mitigation department at the bank. So, how do you deal with loss mitigation successfully? We can shed some light on that.
Read MoreIf 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.
Read MoreIf 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.
Read MoreHow do you know what a commercial income property is worth? How do you know that you can get your desired return on your investment? Is there a way to calculate the maximum you can pay for an investment and still achieve your investment goals?
Read MoreThe “due on sale” clause is probably the most talked about, most feared, and most misunderstood topic in real estate investing.
Read MoreI’ve gotten so many comments from readers that I decided to compile the best 100 tips into a series of articles for CRE Online to publish over the next six months leading up to the Creative Real Estate Online Convention. I will be at the Convention for the third year in a row, and I truly hope you will too. It is a GREAT event!
Read MoreA compilation of the recorded documents relating to a parcel of land, from which an attorney may give an option as to the condition of title. Also known in some states as a “preliminary title report.”
Read MoreA compilation of the recorded documents relating to a parcel of land, from which an attorney may give an option as to the condition of title. Also known in some states as a “preliminary title report.”
Read MoreEach of us resides in at least one of the four Quadrants of the CASHFLOW Quadrant. Where we are is determined by where our main source of income comes from. Many of us rely on paychecks and are therefore employees, while others are self-employed.
Read MoreI have been waiting a long time to tell a Success Story, but here it is! I have purchased a couple rental properties conventionally, but this was my first creative real estate deal.
Read MoreI did three lease option deals in Alabama (although I live in California) in just a few months’ time with over $70,000 in equity! Deals #1 and #2 were bank REOs that I bought through an agent. The third came from a painter I called to give me estimates for work.
Read More“Low income” doesn’t mean “low profit…”My wife and I got into the real estate investing business with the intention of doing two things: 1.) We want to retire early and see the world, and 2.) We want to teach our 11-year-old son from an early age the value of investing wisely while working hard to achieve his goals.
Read MoreLike many people that have come and gone and like some that still post on the mobile home forum every now and then, I bought Deals on Wheels and Making Money with Mobile Homes over a year and a half ago. I read them once; they made a lot of sense; but they went right back onto the bookshelf.
Read MoreThis story has been a while in coming, so forgive me if I tend to be a tad bit wordy. Yes, the title wasn’t just a headline to get you to read this story. Indeed, I am totally physically blind. No, the blind are not magic people. We don’t hear better than others, have better senses of smell, or anything else the media would have you to believe. We live the same lives you live–just in the dark.
Read MoreThis deal is a little more creative than my last deal, We Turned a We Turned a “Don’t-Wanter” into Monthly Income. But like I said before, every deal is a good deal if the price and terms are right.
Read MoreI have been investing for about 30 years, so I have lots of stories about making money on rehabs. This was an interesting one. It was a four-plex in a good location, but had been owned by a law firm. They had bought it for a tax shelter, but no one wanted to deal with repairs, managing it, or showing vacancies.
Read MoreMy wife and I recently retired to Cookeville, Tennessee from Las Vegas, Nevada. We are in our late forties and decided to leave the “rat race” after twenty some years of working.
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