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Should You Use An LLC Or Corporation When Investing In Real Estate?
Corporate structures can help you lower taxes and limit your liability when investing in real estate. I use Limited Liability Companies (LLCs) and S corporations in my businesses. I have a separate LLC for each of my 20 rental properties, but an LLC is not the right...
Is Your Home Trying to Kill You?
How to detect and avoid five of the most common home hazards. Home is where you feel comfortable and safe. It’s where you tuck your kids into bed and lazily watch hours of Netflix on the couch. Without your care and vigilance; however, your home may develop conditions...
8 Tips for Cutting Your Losses in Real Estate
Working in real estate or any other business can be like working on a computer and not backing up your files. With computers, as they say, it’s not a matter of if, it’s a matter of when your computer fails, and you lose all of your valuable, irreplaceable files in the...
Want to Succeed in Real Estate? Focus on these Habits
Lots of people try to succeed in real estate but few make it long term. Few see real success from their real estate business. So what’s the difference between those who fail, and those who succeed? That’s what I’m exploring in this article, guided by the help of some...
5 Basic Due Diligence Steps for Any Prospective Investment
You can do everything right on six consecutive deals but if you are sloppy with the due diligence on the seventh, the consequences could be severe. As basic as it sounds, it is important to always keep the flow of profits moving in the right direction. Making a small...
What to Learn When a Deal Falls Through
One of the hardest things for any investor to experience is losing real estate deals. You may spend weeks, even months, chasing after a property only for it to fall out unexpectedly. As much as this stings, it is a part of the business. Every investor loses a tough...
How to Negotiate the Best Possible Real Estate Deal
In a real estate deal, it’s not enough to simply get the property you desire. If you overpay or the closing is later than you desire, you won’t be able to maximize the bottom line. It is essential to win every negotiation you’re part of. Sometimes, winning means...
How To Sell Your Rehab Property Quickly
There are several key factors that go into a successful house flip. For starters, you need to get the property at a price that works for you. Overpaying on the way in will put you behind the eight ball throughout the process. Next, you assemble the right team and do...
Real Estate Profit from Flipping Houses
From the outside, flipping a house to earn good real estate profit looks easy. If you watch one of the many programs on rehabbing and flipping it makes it look like every property is a winner. The reality is that if you don’t know what you are doing you can, and will,...