Ten Quick and Easy Ways To Increase Your Property’s Value

by Brandon Turner | August 19, 2012 | on Starting Out | no comments

Do you remember 2007?I do. It’s the year I got married, the year I graduated from college, and the year I bought my first home.2007 was a good year.I remember how great the real estate market was. I remember watching the various “flipping shows” as investors made tens of thousands of dollars by simply making their properties pretty and selling them for top dollar.I also remember the slow-down, the decline, and finally the crash of the real estate market during that year and the years t

Pursuing Real Estate Investing Freedom? Consider Getting a Real Estate License!

by Clay Huber | August 17, 2012 | on Starting Out | no comments

One of the most highly talked about and debated questions within the world of real estate investing is ‘should’ or ‘should you not’ get licensed in your state? There are numerous articles on BiggerPockets discussing pros and cons and everything in between, but I wanted to throw my $.02 into the debate.There are a ton of financial reasons to pursue the license, but in this article, I’m going to focus on how another aspect. First though, to address what I see as the

How to Never Lose Monopoly Again

by Brandon Turner | August 12, 2012 | on Starting Out | no comments

I once beat a friend in Monopoly in twelve minutes.I don’t know if that’s a world record but it’s got to be close. During our summer after high school ended we played a game of Monopoly every single day. (I bet you can guess how popular I was with the ladies…) We became extremely quick at the game and memorized every card’s value and the distance between every spot on the board. My twelve minute game was a result of a nearly perfect set of rolls in succession, givin

New Investor Mistakes: Advice for the Real Estate Investing Novice

by Michael Zuber | July 30, 2012 | on Starting Out | no comments

I am very fortunate to get the opportunity to speak and correspond with real estate investors of all experience levels.  I find these conversations to be very valuable as I get to see the investing landscape through additional sets of eyes.As you might imagine my most common communication is with new investors who have not bought their first properties yet, but they are very excited and are ready to go.I find new investors break down into one of two camps.The first camp is filled with folks th

Reaching the Eye of the Storm of Real Estate Investing

by Jason Grote | July 29, 2012 | on Starting Out | no comments

A hurricane generates the same power in one day that the entire world generates in 200 days.Living in Texas, I am well acquainted with hurricanes and the power they contain. The outer bands of a hurricane are where the wind begins to pick up and as it gets closer it becomes increasingly more fierce, until reaching the eye of the storm.  We can liken real estate investing to such a natural phenomena.As a budding new investor or someone on the outside looking for their entrance into the world of

I Want To Be A Real Estate Investor. How Do I Start?

by Jeff Brown | July 24, 2012 | on Starting Out | no comments

I’m Not A Flipper — I’m 20-Something and Want To Be A Real Estate Investor — How Do I Start?I get asked that question almost weekly, usually by the 20-something generation. Their relative profiles are fairly similar with a few obvious exceptions. They’re pretty smart. Most of ‘em have degrees of one sort or another. They make decent money — generally speaking, in the $40-60,000 a year range. They’re evenly split between married and single. To their

9 Ways to Leave Behind “A Great First Impression”

by Sharon Vornholt | July 23, 2012 | on Starting Out | no comments

Real estate investors have gotten some bad press in the last few years, and some of it was well deserved. But I believe that in most cases, it was simply due to a lack of understanding about what real estate investors do. There are those people out there that think all real estate investors take advantage of folks that are down and out; homeowners that are in some type of distress. While I’m sure those investors are out there, the vast majority provide a valuable service to people that are in

Working ON Your Business, Not IN It: A Painful Lesson from My Last Deal

by Arthur Garcia | July 17, 2012 | on Starting Out | no comments

At the end of every deal, my wife and I write up a little summary of what we did well, what we did poorly and what we can do better on the next deal (I learned this tip from a fellow BiggerPockets blogger, Michael Zuber).   After looking over our last deal, one thing was painfully (literally) obvious, we did TOO MUCH work. Let me give you a little more context.  A few months ago, a local realtor in our market contacted me regarding this REO property ( see pic –> ).  I recalled seeing t

How I Accidentally Bought Two of Kurt Cobain’s Former Homes and Why That’s Not Even The Best Part.

by Brandon Turner | July 15, 2012 | on Starting Out | no comments

Kurt Cobain is a big deal.If you are unfamiliar with the name “Kurt Cobain,” perhaps you are much more familiar with the band “Nirvana.”Still no?“Smells Like Teen Spirit?”“Come As You Are?”If you are still lost, just trust me when I say that Kurt Cobain was, and is, a big deal.As the front man of the 90′s grunge band “Nirvana,” Cobain led the group to over 75 million album sales worldwide, brought “grunge” music to the mainstream and earned the reputation of

Successful Women Real Estate Investors: 3 on 3 Interview Series

by James W. Vermillion III | July 12, 2012 | on Starting Out | no comments

In the previous two installments of the three on three interview series the focus was on a specific investment strategy or type of business (spec-building & flipping & rehabbing distressed property), but this one will focus on a group of people, successful women in real estate. Real estate investing is often regarded as a male dominated business, but more and more often women are making it to the top of their respective markets. I was lucky enough to find three experienced ladies wil

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