Real estate investing is no different than any other business endeavor in that to remain successful and relevant, investors need to be cognizant of and recognize investing potholes and avoid mistakes. Mistakes, like investors, come in all shapes, sizes, and circumstances. Mistakes can run the gamut, from foolish to inconvenient, unfortunate to embarrassing, to being absolutely…
Read MoreFrom the outset, this blog is not about telemarketing cold calling campaigns at all where random area telephone numbers are called at prearranged times and dates. Be aware that actions and efforts of random area telephone cold calling are quite likely subject to the tentacles and grasp of the National Do Not Call Registry with…
Read MoreA round robin auction is the process of selling a property where a seller moves the property quickly to sale. That seller markets and holds his or her open house, then sells the property that very weekend (normally a two day period of a Saturday and a Sunday following the advertising that occurs earlier that…
Read MoreOn this week’s episode of Real Estate Money Tips, one of Marko’s students asks whether or not they can use lease option owner financing on the house they currently reside in.
Read MoreNumerous sources abound on the habits of highly successful business lenders and entrepreneurs. To be one should always be something you aspire to attain. Just last year, I wrote ” 8 Habits That Breed Success”. As many of you know about me, I started my business with virtually nothing, with English not being my native…
Read MoreBy definition, a real estate exit strategy is a contingency plan that one executes to either dispose of or divest from a position or interest in real estate once a certain timeline is passed, a status is attained, a circumstance occurs, or a transaction is finalized. Sound business acumen dictates a real estate investor must…
Read MoreIf you’re having a bad day, naturally the last thing you’ll want to do is smile. But it turns out, smiling may be the one thing you need to turn your day around. The Science of Smiling A study led by Fritz Strack in 1988 serves as one example of scientific evidence towards the positive…
Read MoreMany investors are concerned about selling a property on lease option because of the possibility that the tenant buyer will claim equitable interest. If you sell the property by lease with option to purchase, it’s not really a sale at all. The lease is a landlord–tenant relationship and the option gives the buyer the right…
Read MoreListen to Marko’s pointers on Short Sales in which students should be interested in. He will address whether a property needs to have negative equity in order to be considered a short sale.
Read MoreTo sell a property, among your first considerations is to determine how much to sell it for. In order to determine your sales price, you first must determine the actual fair market value of the property. Of course, the proper way to proceed is to determine the actual fair market value long before the time…
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