Copyright Qode Interactive 2016
Metrolina REIA | Blog
page-template,page-template-full_width,page-template-full_width-php,page,page-id-786,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-theme-ver-10.1.1,wpb-js-composer js-comp-ver-5.0.1,vc_responsive


  • Are you putting off a big decision or a big life change because you are afraid of what could happen? There is incredible power in defining and getting clear about the worst case scenario, the nightmare that you’re too afraid to look square in the......

  • The concept of fixing and flipping property has taken a new turn and nowadays, it is a lucrative way for investors to amass wealth and increase their personal net worth. Who knew buying that beautiful yacht would become easy after getting the hang of fixing......

  • Wholesaling is a great way to enter the world of real estate investing because you don’t need much capital to begin with. Real estate offers incredible wealth-building opportunities, but for many, it is difficult to get started in because of the huge capital investment required.......

  • As the real estate market continues to heat up and more people are jumping into the investing business, I am starting to see some interesting and disturbing trends, such as multiple wholesalers contracting to buy the same house from the same seller. Yes, the seller is......

  • There are many ways of categorizing people. Especially when it comes to success or failure. Thinking through what I see at my REIA meetings each month, here’s what I’ve noticed: Losers whine about the weather. Winners get to the meeting. Losers complain about the traffic.......

  • Editor’s note: This is the first of a two-part column.  pl. hyp·no·ses (-sz): An artificially induced altered state of consciousness. Real estate hypnosis is the artificial induction of believing the “rules” of real estate don’t change. That well-established principles of real estate must be followed......

  • Editor’s note: This is the second of a two-part column. The first appeared Sept. 23. “You need money to make money”: This is the most powerful hypnotic lie for most investors. For most of my students this is the biggest barrier they need to break......

  • When speaking to the uninitiated about the innumerable benefits of investing in real estate, a common response I get is: “well, I don’t want to be running out to unclog a tenant’s toilet at 3am.” I wonder if they think that I want to? That......

  • Real Estate transactions have several participants seated at the closing table that are responsible for the success of the deal and that make a profit from the deal. If you were to sit down and figure the hours spent working on the project then divide......

  • It is well-nigh impossible to impossible to be a Real Estate Investor for any length of time without owning a house that sits vacant at some point- be it between tenants, or after a rehab and while you’re waiting for it to sell (in a......

Real Estate Investing Today

  • National College Enrollment Growth Slows
    Student housing can be a great place to invest but you have to do your due diligence and know the market. New data from Axiometrics (a RealPage company) shows that enrollment, which is a major indicator for student housing, experienced a slight drop last year according to their Axio175 report.  According... Read more »
  • Fastest Growing Suburbs in America
    Where are America’s fastest growing suburbs?  That’s the question recently put pen to paper to in order to determine the hottest bedroom communities all across the country.  To get their list, they analyzed over 7k zip codes, focusing on the ones outside a city’s limits and within an hour’s... Read more »
  • The Most & Least Energy-Expensive States
    Whether you’re paying the heating bill for your tenant or you’ve noticed that the summer heat has increased your own energy bills, you’re feeling it!  According to a recent report from WalletHub, energy costs can consume between 5 & 22 percent of a family’s total after-tax income.  To that end,... Read more »
  • Millennial Credit Scores Vary Greatly from City to City
    According to a new report from Ellie Mae the average millennial borrower’s credit score varied greatly from city-to-city in May.  The data was part of their latest Ellie Mae Millennial Tracker which measures closed loan application trends for U.S. homebuyers born between 1980-99.  They report that the average FICO score... Read more »
  • How Long Does it Take to Build a Single-Family Home?
    The NAHB’s Eye on Housing recently took a hard look at building data from the U.S. Census Bureau and found that the average completion time of a single-family house is around 7.5 months – which normally includes about a month from authorization to start and then another 6.5 months to... Read more »
  • Dying Golf Courses Offer Opportunity for Investors
    Are dying golf courses an opportunity for investors?  In a recent episode of Real Estate News for Investors, Kathy Fettke discusses the decline in the popularity of golf and how the real estate that many distressed golf courses are situated on are prime for redevelopment.  According to her report, the... Read more »
  • The 10 Most Expensive States in Which to Live in America
    What are the 10 most expensive states to live in?  A recent study by CNBC looked at the out-of-control living expenses in many of these states that make it difficult for residents to enjoy the best possible quality of life.  They looked at several key metrics (including cost of living,... Read more »
  • Foreclosure Rate on Recent FHA Homes Sees Jump
    While foreclosure starts are decreasing across the nation, they actually increased in 40% of local markets, according to ATTOM Data Solutions’ Midyear 2018 U.S. Foreclosure Market Report.  There were 362,275 U.S. properties with foreclosure filings (including default notices, scheduled auctions or bank repossessions) in the first six months of 2018. ... Read more »
  • Median Age by U.S. County
    The demographic makeup of any given area is vital for understanding the housing needs of its residents.  Today’s infographic from the U.S. Census Bureau gives us a nice snapshot of the median age of residents in every county in America.  Notice how it gets more purple the farther north you... Read more »
  • 29 Real Estate Sub-Markets Markets to Watch
    Online real estate marketplace Roofstock recently released a list of the 29 real estate submarkets to watch, based on data from their nationwide collection of property managers.   Their list includes six major areas’ submarkets and it is probably worth a look – especially if you’re seeking new markets in... Read more »

Meck Times

  • INVESTORS’ CORNER: Investing tips from an old man 
      Although my wife is a hard money transactional lender. I sometime use OPM, (Other People’s Money) whenever possible. Leverage allows me to do far more transactions than I ever could on my own. Remember, it’s always better to have a piece of the pie than none of the pie.... Read more »
  • INVESTORS’ CORNER: Down, but not out! 
    We have all had things happen in our lives that have taken us down, knocked the wind out of us, and left us feeling stunned and overwhelmed. Hopefully it didn’t take you out of the game, and you managed to regroup and get on with your life/business. Some people, however, take a... Read more »
  • INVESTORS’ CORNER: What kind of insurance do I need on my rental property? 
    by Nasar. El-arabi If you have a property that you are looking to lease, chances are you have a homeowners’ insurance policy. And if you don’t, it is wise to have one in place in order to not only safeguard one of your most prized assets, but also provide liability... Read more »
  • INVESTORS’ CORNER: Know your tenants rights 
      Understanding tenants’ rights is valuable for all parties. Landlords benefit by avoiding potential pitfalls and liability issues. For tenants, being knowledgeable   means avoiding harmful situations and having greater leverage. The Implied Warranty of Habitability is a doctrine contained implicitly in all residential leases. It cannot be contractually avoided. Even... Read more »
  • INVESTORS’ CORNER: What is sandwich leasing? 
    The term “Sandwich Leasing” means just that – two slices of bread (leases) with you in the middle. Really, it is quite simple. The two leases are created essentially for one purpose; to generate a net monthly cash flow to you for your efforts. Here is how it works. Your... Read more »
  • INVESTORS’ CORNER: Mitigating risk 
    Risk is a fact of life. Whether we are driving a car, using the internet, interacting with other people, or just breathing air, we are all taking some degree of risk that has to be managed. When it comes to business, there are several ways you can mitigate risk: Make good... Read more »
  • INVESTORS’ CORNER: Learn to negotiate 
       Tom Zeeb   Many people get flat out scared of negotiating. They think of “high-pressure sales” and since they never liked being on the receiving end of that, they don’t like the thought of being on the giving end either. But I’m telling you it is wrong to think... Read more »
  • INVESTORS’ CORNER: In contract or not? 
      As the real estate market continues to heat up and more people are jumping into the investing business, I am starting to see some interesting and disturbing trends, such as multiple wholesalers contracting to buy the same house from the same seller. Yes, the seller is either unknowingly or duplicitously... Read more »
  • INVESTORS’ CORNER: How to win the most baseball games 
    By Tom Zeeb (More gold has been mined from the thoughts of men than has been taken from the earth. So, dust off the cobwebs and use all those ideas you have) Wolfgang Riebe   So you how do you win the most baseball games?   Is it? A. By... Read more »
  • INVESTORS’ CORNER: Common retirement conundrums 
    I have a passion regarding self-directed retirement account investing, and the more work I do for clients in that field, the more I run across the same three conundrums vexing many people who want to retire but are afraid they won’t have enough money to do so: I am already... Read more »