A cousin of mine was asking about getting into the real estate wholesaling business. He took me out to dinner to pick my brain and asked what the key was. I leaned back, contemplated for a minute, and told him that the key was to “sell a house for more than you bought it.”
If you’ve ever worked for yourself in New York, you already know the amount of time, the level of dedication, and degree of energy that’s required to get your business off the ground. Keeping that company running in the race is even more challenging. If you haven’t owned your own business, but have always
I’ve been flipping houses in Florida for years, which makes me an easy target for some of the tough questions that many new real estate investors, like Justin, have. Of course, I don’t really mind. I love the work I do here in the Tampa area, so am always happy to help just about
I like to think it wasn’t that long ago that I got curious about becoming an investor, when I started reading books on real estate investing, attending weekend introduction seminars, and chatting up anyone I could find on residential construction sites. Although it’s somewhat embarrassing to admit now, in the beginning, I was just looking
Yes, reading quarterly research and data on foreclosures, how many houses have sold, and their selling prices can be helpful. But keep in mind that you’re getting a story about what happened already. As a real estate investor, you need to be more forward-thinking than that. When deciding whether to buy investment property or not,
One of the most exciting—and most challenging—things about investing in Chicago real estate is that the market is always changing. Neighborhoods that were untouchable ten years ago now feature some of the hottest real estate in the city. Yesterday’s up-and-coming parish is now pricing out the young and working-class residents, who are moving into
As another summer beckons, Cubs and White Sox fans pin their hopes on one of those teams hoisting a World Series trophy in October. Baseball is in full swing (pun intended) and I get in the spirit of America’s national pastime by weeding out the baseball collectibles I’ve had for decades. At one time,
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