Durham Real Estate Investors Club
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Category Archives for Building Wealth

What Makes a Property, A Good Investment?

I use scorecards and a number of different tools that help me to evaluate real estate assets in order to figure out which will make a good investment and which do not. Lately, I have been talking to different investors who are caught up with finding markets that have the lowest price and highest cash […]

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Getting Started with Your First Investment Property

Before we get into the six different methods for purchasing your first investment property, I have noticed that there is one differentiating factor that separates those who invest in real estate and those who are constantly learning to invest in real estate. Finding other people who are already investing in real estate and learning from […]

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The Risk of Diversification

Ignorance is a risk Lack of control is a risk Not knowing how to add value is a risk Getting investment advice from those who get a commission from selling the investment is a risk Deworsification is a risk The average parent tell their children to learn a trade, get a college, or university degree […]

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The Lure of Passive Real Estate Investment Income

I’m not sure how many times I have the term “passive income” and “real estate” together over the last 10 years at various events and presentations – but it is definitely a lot. It seems that many gurus tout the benefits of investing in real estate by stating that real estate is more like mailbox […]

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Phases of Real Estate Investing

Many investors go through three distinct phases while investing in real estate. Of course this will depend on your goals. For example if they are planning on using the funds as their primary income source. How these investors do their purchases and think of investing is quite different and distinct, depending on the phase that […]

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Why Do You Feel Like You Are Never Getting Ahead With Your Mutual Funds?

The financial services industry is huge and they have a multi-billion-dollar marketing machine behind them. I often find people accept what they are being told instead of trying to dig a little deeper and find out what is really going on behind the numbers and behind what is being said. I want to expose one […]

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How Does a Seasoned Real Estate Investor Approach Risk?

Risk is one of the most misunderstood terms when discussing investing in any asset class. If you can understand what risk means, you will see as I have seen, that seasoned real estate investors are one of the least risky investors. If you were to ask someone what they needed to do in order to […]

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The Seven Deadly Real Estate Investment Sins

Real estate investors can be hurt by mistaken beliefs around achieving success through investing in real estate. There are certain beliefs that real estate investors who have achieved wealth in the $10 – $100 million net worth range, that they don’t share with others. The most damaging of those beliefs are included here. By understanding […]

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Create Your Own Learning Library

If you want to improve or change your situation, then education is an important part of doing that.  Applying what you learn is just as important as educating yourself.  At DurhamREI meetings I have mentioned that I read 3-4 books a month, which help to sharpen my saw and keep me focused. I’m really proud […]

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You Can Create Wealth by Using Multiple Streams of Income

There are only six ways that you can create wealth.  You can inherit it(1), marry it(2), win it(3), steal it(4), work for it(5), or invest to get it(6). I’m not really interested in the first 4 ways to create wealth as I don’t see them as something that many people can reasonably expect to do […]

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