Category Archives for Real Estate Business
Purchase or Pass: Making the Right Decision
Common wisdom says don’t fall in love with a property. Unfortunately, many of us, including seasoned investors, fall into the trap of falling in love with (what we perceive to be) a must-have, unbeatable, one-of-a-kind property. In our minds, this is the property of our dreams; if we could add it to our portfolio, we’ll […]
Continue readingWhy Real Estate?
I have often been asked why I focus my investments in real estate – why not stocks or options or bonds. There are many different benefits to investing in real estate. I thought I would focus on different aspects of what makes real estate a good investment. Each area is a part of what makes […]
Continue readingMy $25,000 Dollar Mistake
Unfortunately, when you make a mistake in real estate, the stakes are usually much higher than in many other businesses. Sometimes you need to re-evaluate your filtering strategy or your legal documents to ward off costly blunders, while other times you need to look at your referral network or advertising strategy. We invest time in doing our […]
Continue readingWhen An Expert, Isn’t Really An Expert
There seems to be a misconception that once you become a full-time real estate investor that you work less. I don’t agree with that. I would say that you work differently. You just don’t get to a particular point in your business and stop, or at least I haven’t seen that point myself. One of […]
Continue readingReal Estate Business is Simple But Not Always Easy
Last week, I was in Orlando, Florida for a conference and I ended up attending a local Real Estate Investor Meeting down there. Yes I am a real estate geek; I’m always trying to learn new things. It was great connecting with some new Investor friends in Florida, and discuss what strategy they focus on […]
Continue readingWhat Type of Real Estate Business Do You Want?
I hope that you have been enjoying the warm weather. We just got back from a week long Baseball tournament in Cooperstown, New York. Home of the baseball hall of fame, and more baseball souvenir shops than I have ever seen. My oldest son’s team played against 48 other teams from around the USA. The […]
Continue readingGetting Your Head Around Your Next Purchase
I’ve had the privilege of meeting thousands of real estate investors over the years. It’s been great learning about people’s goals and plans. I really enjoy hearing about their successes on their latest project. But often I see a lot of people get into trouble. The focus on the big picture, but lose focus […]
Continue readingAre You A Proactive or Reactive Investor?
I have met thousands of real estate investors over the last 10 years. One of the key pieces of the success that I have witnessed in the most successful of these real estate investors is their ability to be proactive rather than reactive. The proactive person is somebody who knows that a problem will occur, […]
Continue readingBusiness Secrets I Learned From an Entrepreneur 20 Years Ago
I don’t come from a background where entrepreneurship or small businesses were in our family. Most of my family are either public servants or employees in some capacity. It’s no surprise that I started working at 12 years old on a paper route. I had enlisted my younger sister to help me put the papers […]
Continue readingTop Tips to Propel You Forward in 2014
I’m republishing this Top Tips to Propel You Forward in Real Estate Investing Online Presentation as this is a bit of an experiment. I’m connecting the DurhamREI.ca web site with Facebook and Twitter. Please click on the image to access this online presentation. Make sure that you have your sound on and you are on […]
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