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The “mobile home/land deal” is a hybrid investment property. Using any one of the techniques found in creative real estate investing, we buy land with a mobile home on it, or we buy a mobile home and place it on land we have purchased. The mobile home itself is initially...
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Mistake #1
They take TOO Long. Good deals don’t wait around for indecisive people. Many people “think a deal to death.” One way to lower your anxiety level with a deal is to move forward provisionally (i.e. with a clause of some sort.)
Mistake #2
They trust the sel
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I had a great conversation with a mentorship student yesterday who shared with me how he and his wife are selling their third house (their first two houses they still own) and will net $45,000. It inspired me because I had talked with them over a year ago when they had a...
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Many self-acclaimed real estate gurus state that everyone should quit their jobs and immediately jump into full-time real estate investing. They often claim incredible results from students with little experience. Life-changing decisions are not usually that simple and...
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You know, it's utter nonsense to submit offers to sellers and just hoping they'll accept. Sure, I used to do that; and I'd sit there by the mailbox with my fingers crossed, praying the mailman had more than bills and junk mail for me today. And every now and then one of those...
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Being a real estate investor means protecting yourself from potential scams. Just because someone holds a professional license of some kind doesn’t mean that he is honest. You can probably order one of these licenses over the Internet. We know that it can be scary getting...
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