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Blog

  • 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

  • Top 10 Traits of a Successful Real Estate Investor
    The folks over at FortuneBuilders say that, as a first-time real estate investor, it can be easy to begin to doubt yourself and wonder if you really have what it takes to be successful. However, in today’s infographic they quote real estate mogul Warren Buffett who said “the most important... Read more »
  • Yardi Says Rent Growth Remaining Exceptionally Consistent
    According to the latest Yardi Matrix, U.S. multifamily rents increased in August, coming in at $1,472 with year-over-year growth coming in at 3.3%.  Yardi says multifamily rent growth has remained exceptionally consistent and has been at least 2.7% since the beginning of 2018. Click here to read the full report at... Read more »
  • Foreclosure Activity Down
    According to the latest market trends, ATTOM Data Solutions says there were 53,007 U.S. properties with foreclosure filings in August 2019, up 4% from July but down 24% from one year ago.  Their data show that nationwide, one in every 2,554 U.S. properties received a foreclosure filing during the month... Read more »
  • Student Loan Debt by State
    Being able to buy a new home or even rent the one you really want depends quite a bit on how much debt one has – especially if you’re just starting out.  The folks over at howmuch.net took a look at America’s student loan debt per capita, by state.  According... Read more »
  • New-Home Price Data Reveals Affordability Problems
    The NAHB’s Eye on Housing is reporting that there is a mismatch between the actual prices of new homes and the prices buyers expect to pay, which they say is further evidence of the growing problem of housing affordability.  Using data from the Census Bureau and HUD, the NAHB says... Read more »
  • Workers Fleeing Big Cities for Smaller Ones and Taking Jobs With Them
    We have seen this data pop up before.  People are moving away from expensive, high-tax, over-regulated states to places with overall better climates.  However, a recent story in the Wall Street Journal (reposted on Realtor.com) takes a look at a trend among more-mobile workers who are moving to smaller cities... Read more »
  • Report Says Mortgage Closing Rates at Record High
    According to their latest Origination Insight Report, Ellie Mae says that closing rates rose to a new high with the closing rate on all loans at 77%, up from 76.8% in June. Closing rates on purchases increased to 79.3% in July, up from 78.8% in June, while closing rates on... Read more »
  • Local Market Monitor’s National Economic Outlook for September
    Local Market Monitor, a National REIA preferred vendor, recently released their National Economic Outlook for September, 2019 where they share their thoughts on developments taking place in the U.S. economy. National Economic Outlook – September 2019 By Ingo Winzer The number of jobs in August was up just 1.4 percent from last year, the... Read more »
  • Lawn Fertilization Tips for Fall
    Believe it or not, in about a week the Autumnal Equinox will take place (the first day of Fall is 9/23) and that means it’s time to start thinking about lawn-care for the upcoming months. The following infographic from The Home Depot lays out exactly what needs to be done... Read more »
  • Americans View Real Estate As The Safest For Long term Retirement Investing
    We like these kinds of surveys because they always point out what we real estate investors already know – that investing in real estate is not only a smart choice but the best choice for the long run!  That being said, the folks over Sophisticated Investor conducted a survey asking... Read more »

Meck Times

  • INVESTORS’ CORNER: Know Your “Nut” 
                                                       (Part 4 of a Series)  What does it take each month for you to cover all your essential living expenses: rent; or mortgage, taxes and insurance (PITIA); food; clothing; transportation; insurances; utilities; home maintenance; and other necessary monthly expenses that must be met. This is your “NUT”. This “Nut”... Read more »
  • INVESTORS’ CORNER: Benefits of Acquiring Real Estate 
    Income generated by rental payments is probably the single-most important benefit of real estate, as these monthly funds can pay mortgages, real estate taxes and insurance, as well as managers, and ultimately, owners. Depreciation refers to the allowance for the lessening in value of the property or the physical wearing... Read more »
  • INVESTORS’ CORNER: The Mind-Set of Your Spouse and Family Members 
    Yes, you can do real estate without the help and support of your family. But it’s a whole lot easier if you have it. It’s a very rude awakening to be knee-deep in houses only to find out that your spouse really “isn’t into this whole real estate thing.” It... 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: How to Fix and Flip Houses 
      Fixing and flipping houses has become a popular trend among investors looking to earn some extra income or build great wealth. Although, it is a lucrative way to increase your personal net worth, it is not an easy venture to undertake. Fixing and flipping houses requires patience, consistency, courage,... Read more »
  • INVESTORS’ CORNER: After the Market Crash – How One Couple Took Control 
      Baby Boomers, coming upon their retirement years, like my husband and I were a few years ago, have been discovering a powerful secret: that “self-directed” IRA custodians are an excellent way to invest in real estate and other assets and to grow their retirement wealth at a much faster... Read more »
  • INVESTORS’ CORNER: History is on your side. Part 2 of 2 
      “This is scaled-up group-think,” says investor and author Olly Newland in “The Day the Bubble Bursts”. “The persuasive mood switches from negative to positive, gradually super-positive, then hyped-up or hysterical.” The reversal of this sentiment happens a lot more suddenly, reminding us of an old stock market saying: “the... Read more »
  • INVESTORS’ CORNER: History is on Your Side – Part 1 of 2 
      Real estate has historically appreciated at about an average of 4 percent per year, and that is just on the capital invested. Real estate (residential and commercial), just like other investments, goes through cycles. These cycles go from a high point to a low point and then return again.... Read more »
  • INVESTORS’ CORNER: Define the nightmare: The power of pessimism. 
      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 eyes. The point is... Read more »
  • INVESTORS’ CORNER: Buy Fixer Uppers 
    Fixer upper houses have permeated the real estate market matches your tastes, and for good reason. A house that requires considerable maintenance work like redesign, redecoration, renovation or reconstruction might be something that, but will require you to invest a lot of time, money, and energy into it. On the... Read more »