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Metrolina REIA | Blog
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  • 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

  • America’s Highest Rent Neighborhoods
    Where are the neighborhoods in America where the typical renter is throwing down $10k, $15k, or even $30k a month?  While that does sound like quite a bit of coin, there are neighborhoods across the county where landlords are fetching those amounts.  After all, nearly one third of Americans are... Read more »
  • Nearly Half of Millennial Homeowners Regretted their Purchase
    A new report says that nearly half of millennial homeowners had regrets about their home purchase.  Bankrate says that, overall 44% of homeowners had regrets about their purchase while 56% did not.  Unexpected maintenance or other hidden costs were listed as the largest item. “When you buy a house, you... Read more »
  • Easter by the Numbers
    Sunday, April 21st is Easter…Each year it falls on the first Sunday following the full moon after the vernal equinox.  In other words, the date fluctuates each year between March 22 and April 25.   Today’s infographic from the takes a look at “Easter by the Numbers” all the way... Read more »
  • The Big Opportunity for Investors in Opportunity Zones
    We’ve been talking a lot about Opportunity Zones and you will undoubtedly hear more about them going forward.  A new report by Yardi takes a look at the tax incentives for investing in the 8,700+ opportunity zones across the country that were created by the tax reform passed by Congress... Read more »
  • CoreLogic: Home Flippers are Playing a Different Game
    We recently posted about how mortgage delinquency rates were the lowest in 20 years and that potentially means fewer foreclosures for home flippers.  However, in a recent special report about flipping, CoreLogic says that flipping rates are actually near historic highs, but flippers are “playing a different game.”  To come... Read more »
  • Yardi: Market Dynamics Continue to be Healthy Almost Everywhere
    According to the latest Yardi Matrix, U.S. multifamily rents rose slightly in March, coming in at $1,430 with year-over-year growth dropping slightly to 3.2%.  Yardi says that market dynamics continue to be healthy almost everywhere. “The dynamics continue to be healthy almost everywhere. That gives investors a choice between potentially higher... Read more »
  • Home Remodeling Market has Grown >50% Since the Recession
    According to recent data from the Joint Center on Housing Studies (reported by Mortgage News Daily), $425 billion was spent nationally in 2017 on home maintenance & improvement – representing a 10% increase from 2015 and more than 50% from the 2010.  In addition they report that nearly 80% of... Read more »
  • Digital Economy Accounted for 6.9% of GDP in 2017
    According to recent analysis from the U.S. Bureau of Economic Analysis, the digital economy accounted for 6.9% of the U.S. gross domestic product (GDP) in 2017, amounting to $1.35 trillion.  Interestingly, as noted in the chart below, “real estate and rental & leasing” had the largest share of the nation’s... Read more »
  • States with Most Jobs in Cannabis Industry
    We recently posted that there are 34 states (and D.C.) ithat allow medical marijuana usage with at least 10 states (and D.C.) having some form of legal recreational use.  Now we’ve come across a recent post from data-wrangler Statista where they report that, in 2018, the U.S. added over 64k... Read more »
  • Home Sale Prices Jump in Opportunity Zones
    According to new research from Zillow, real estate investors appear to be flocking to Opportunity Zones.  Their data show that areas designated as Opportunity Zones saw a surge in sale prices since that designation was made, which they say is an early sign that investors are eager for the tax... Read more »

Meck Times

  • INVESTORS’ CORNER: Hard Money or Private Lender   
      A hard-money lender is a sophisticated person who is in the business of lending money to real estate investors who need it based solely upon the merit of the asset being lent upon. While a wise hard-money lender will also consider the character, credit score and financial status of the... Read more »
  • INVESTORS’ CORNER: Courtroom Common Sense 
      I’m frequently asked what it’s like being a lawyer and what some of the interesting things are that I see in the courtroom. My assistant and I had the opportunity recently to see some things happen in court that are classic examples of what NOT to do. Here are... Read more »
  • INVESTORS’ CORNER: Being Liable for Your Contractor’s Actions 
      In a previous post, I briefly explained the doctrine of respondent superior, which is Latin for “let the master answer.” In today’s vernacular, it means “let the employer be financially responsible for the conduct of employees and agents.” Remember, an agent can be either an employee or an independent... Read more »
  • INVESTORS’ CORNER: Avoiding Probate with your Real Estate 
    Frequently clients want to know how to Avoid Probate.  Avoiding probate can save large sums of money, reduce administrative time (headache), and maintain privacy. Probate is the legal process through which the estate of the deceased is administered.  Probate can be costly.  In addition to attorney’s fees, the personal representative... Read more »
  • INVESTORS’ CORNER: Ways to Find Real Estate Deals in Any Market 
      Is your local real estate market hot? Are good real estate deals getting harder to find? If so, you’re not alone. But this isn’t a new problem. The times when it’s easy to find real estate deals are the exception. The 2009 – 2012 U.S. real estate downturn briefly... Read more »
  • INVESTORS’ CORNER: Stocks VS Real Estate Investment 
    Nasar. El-arabi When it comes to investing their hard-earned money, stocks and real estate have been an appealing proposition for many people. That doesn’t look set to change any time soon, reason being few investment options can match the potential returns you stand to gain from either of these two.... Read more »
  • INVESTORS’ CORNER: Small Item, Big Impression 
    “You never get a second chance to make a first impression.” If you are in any type of business as an entrepreneur or investor, understanding this fact is crucial; and one of the first ways you make that impression is with something very small and, too often, not very well thought... Read more »
  • BERKO: Keep AT&T 
    Dear Mr. Berko: I’m a 41-year-old happily married woman with two boys. Before my dad passed away in late 2008, he invested $60,000 and bought 2,300 shares of AT&T at $26 a share for me. He told me to keep it for the rest of my life and said it... Read more »
  • INVESTORS’ CORNER: Real Estate Job vs Real Estate Investment 
    Real estate is a flexible financial tool. Depending on what you need, it can become a job, an investment, or both. Here’s the difference: Job – you want or need to use real estate for current income (i.e. to pay the bills) Investment – you want to use real estate for long-term... Read more »
  • INVESTORS’ CORNER: Charlotte is a Good Place to Invest in Real Estate 
    Named in honor of Charlotte of Mecklenburg – the wife of King George II – Charlotte is the largest city in North Carolina. This modern city is fondly known as Uptown and features the state’s major museums, shopping and dining establishments which ooze that famed southern hospitality. But it can... Read more »