David Lindahl
-
Why Invest in Apartment Buildings?
Now is a great time to purchase real estate! Let’s face it; we are now living in a buyers market. With more and more properties on the market, sellers are facing some stiff competition, and are being forced to lower their prices in order to contend with other hungry sellers. This leaves ambitious buyers with a great opportunity, however, while timing could not be more perfect to buy your first piece of real estate, it is vital to know what kind of property is going to best maximize your profits. After all, the goal of investing in real estate is…
-
Why Building Your Buyers List Is Important For Wholesaling
If you are planning on a running Wholesale real estate business or Flipping Properties for profit, then one of the most important things for you becomes the buyers’ list. The buyers’ list is basically a list of companies or individuals who are interested in buying homes.Your intention here is to buy homes at cheaper prices and then sell them off to interested parties. However, for that, you need to know who these parties are that are looking for properties to buy. In short, you need the “Buyers’ List”.All real estate businesspeople keep a ready reckoner list of buyers. This could…
-
The Real Estate Social Network
We live in the age of the social network. Just as the Agricultural Age was railroaded by the Industrial Age, which was given the pink slip by the Information Age, it can be argued that we have now entered the Social Age.NetworkingNetworking on Facebook has become a national pastime. I would not be surprised if it clocks in more hours than football, baseball, and video games combined. Networking is certainly an essential part of almost everyone’s career. Networking is especially important for real estate investors. It is how you find pocket listings, get inside information to analyze markets, find private…
-
The Only Three Reasons To Be In Real Estate
There are only three reasons to be in Real Estate. If any one tells you any differently, then they don’t understand real estate investing.The three reasons to be in real estate are Cash Now, Cash Monthly and Cash Later. Let’s take a closer look at each one of them.Cash Now. Let’s face it, we need money to live and pay the bills. With out this cash we would have to go back and work for “the man”. If you’re not a full time investor, this is a reason why a lot of people are afraid to quit their job and…
-
The Benefits of Hiring a Real Estate Management Company
Are you maximizing your time as a real estate investor? Time is money in any business, and nothing is closer to the truth than within the real estate niche. While you could certainly attempt to manage all components of your business on your own, you may be spreading yourself too thin, causing you to lose sight of the most important end goal- revenue generation.Leverage a real estate management company to focus on your investment property needs on a day to day basis, and watch your overall bottom line increase despite the added cost to hire the group of professionals.Here are…
-
The 5 Money Making Advantages Of Multi-Unit Investing
Having rehabbed over 470 properties in the last seven years and collected over 600 apartment units I’m often asked, how can I become wealthier faster investing in real estate?While most investors concentrate on some aspect of single family houses, I was always interested in multi-units (apartments) first, and then single family homes as a means of getting more multi-units .From the very beginning of my investing in real estate, I liked the idea that a group of people (the tenants in a building) would get together and pool their money to pay down the mortgage on a property, and I…
-
One Tried and True Method To Get Motivated Sellers Calling You Today!
You’ve been to the seminars, you’ve got the books and tapes, you’ve spent hours at your real estate investment club, and you’ve listened in on all those conference calls. You have never been more ready to buy!You’re ready to take all of the knowledge that is stored up inside your head and turn it into a pot of gold. And that’s what it will turn into if you could just get one thing some one to sell you their house!There is one sure fired, tried and true method to get your phone ringing and put you on the road to…
-
My Favorite Words – Positive Cash Flow
Ask 10 people on the street what “Cash Flow” is and it is likely 10 people won’t have a clue. That’s why none of them are millionaires. Cash Flow, of course, is the tide of money that flows in and out of your financial life. When you have more money going out the door than coming in, you have the average debt-burdened American.To be rich you need positive cash flow, the 3 most powerful words in the english language (or any other language you translate it into.) “Positive” cash flow means you are just the opposite of the average American:…
-
Maximize the Value of Your Apartment Investment
One thing I like most about apartment investing is that it gives any investor the ability to have a solid cash flow via multiplied profits. Apartment properties are preferred by many investors as they bring in passive income (and its my favorite type of deals to do!). When buying apartments, it is normally a longer-term investment, but you need to make sure your money is used in the right place to maximize your cash flow.Additionally, I want to find a way to increase those returns and ultimately, increase the overall value of my property. How can I do that? Using…
-
Making A Success Out of Commercial Fixer-Uppers
Are commercial fixer-uppers worth the time, expense and effort? My answer to that would be that the right fixer-upper with numbers that make sense can be the right strategy to use. In fact, these types of properties can be an easy way to see an instant value increase in the property but like with any deal, only if the costs to rehab the property make sense.Commercial fixer-uppers employ one of my favorite value plays called “repositioning”. That means that either the tenant base changes, the appearance of the property changes or that both of these options are exercised on the…
