I had someone ask me a few days ago, “What's the difference in a buyer’s market and a seller’s market”? That’s a really good question because the type of market you are in has a big impact on your business.
One type of market indicates you have an abundant supply of houses which in most cases translates into good deals for a buyer. The other one indicates you have low inventory or a lot less properties for sale. In this case the seller has more leverage. Whether this is good or bad for you and your business depends on whether you are the buyer or the seller in a transaction. So exactly what's the difference between a buyer's market and a seller's market?
A Buyer’s Market
Real estate investors love it when they are in a buyer’s market. It has been a buyer’s market for the past few years. Deals were plentiful and prices were cheap. It was in fact a wholesaler’s dream. Read the rest of this entry →
I have something new for you coming up on my blog called “Makeover Monday; Baby Steps to Success for Creating the Business and the Lifestyle You Love” where I will be giving you simple tips for making over your business in the next 12 months. Some of these will be videos and some will be written tips.
Someone posted an interesting question on one of the forums recently that went something like this:
“How will my end buyer know that my house is a good deal”?
My initial response was that this person was really asking, “How do I convince someone that my house is a good deal even though it may not be?” This question just shouted “I really don’t have a clue what I am doing”.
Every new real estate investor has doubts in the beginning about whether or not they have just put together a good deal. But I can tell you this; your seasoned real estate investor won't be puzzled about that when you present the deal to them.
They will let the “numbers do the talking”. You have to get really good at making offers to succeed in this business.
Continue reading this post here …..
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One of the most dreaded jobs in the business of rehabbing houses is wallpaper removal. It's tedious work and it almost always leaves the walls damaged so they need costly repairs.
Wallpaper was big in the 70's and 80's and is making a comeback. The good news is that with new products on the market, you now have options for removing old, ugly wallpaper that make the job a whole lot easier.
I recently came across a product that seems like the answer to everyone's prayers when it comes to wallpaper removal called “SimpleStrip”. It makes the job not only bearable, but what may even seem “not so bad” in many cases.
If you haven’t already subscribed, be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want 2013 to be your best year ever! And if you enjoyed this article, please share it.
Back in April of this year, I interviewed my friend and fellow entrepreneur Carey Buck for my “Escaping the 9 to 5; How I Did It” series. I promised to check in with Carey periodically to see how she was progressing, and I have an update for you today.
When we last talked, Carey had a job, a real estate investing business and a growing ATM business. Carey’s goal at that time was to be completely out of her “JOB” by December of 2012.
If you remember the last video, her bosses had just agreed to let her cut back her full time hours so that she could work part time. Carey wanted to focus on growing her very profitable ATM business.
Now just a few months later, Carey has officially escaped the 9 to 5. It didn’t happen the way she imagined it, but today she is a “free woman”. If your goal is to leave that “JOB” behind, you are not going to want to miss this video.
I will put a link to the original interview under the video just in case you missed it.
If you haven’t already subscribed to join the “Inner Circle”, be sure to do that today so you don’t miss any of the business building tips I have coming your way. I want this year to be your best year ever! And if you enjoyed this article, please share it.
I had a great interview recently with Steph Davis of Tampa, Florida for my “Escaping the 9 to 5 Video; How I Did It Series. Steph is an expert in the field of REO’s or bank owned properties.
She began investing part-time like most of us, and she always knew that she just wasn’t cut out for working a “9 to 5 job”. She has been a full time real estate investor since 2007.
In 2006 she started her very popular blog “Flip this Wholesaler”, and began chronicling her journey to “freedom”. Steph’s business has grown into something she couldn’t have even imagined back in 2006. She is not only a blogger but an internet marketer who has been successful at building passive income streams, a coach, and is a great inspiration to many folks in this business. Read the rest of this entry →