An increase in residential foreclosures and evictions is certainly bad news for affected homeowners and tenants, who will have to find new living arrangements, undergo costly moves in short timeframes, uproot their lifestyles and, in some instances, face long term financial effects. Increasing foreclosures will also serve as a market correction in the real estate market, which is currently driven by inventory scarcity. Amidst the market change and its social implications, many real estate investors can be left wondering which strategy to employ. The answer is simple—any or all of them.
Wednesday, June 30, 2021
Foreclosures and the Moratorium
Monday, May 31, 2021
Calculating the Cost of Delay
Let us quickly discuss, on this last day of May, the value
of Delay. Late payments, be they intentional or not, are costly, no matter how
late they are. Time has a calculable value and delayed payments provide a
monetary benefit to the payee and punish the lender or vendor. This value is
easily observed in the world of retail, where giants like Wal-Mart, not only connect
the speed with which they pay their vendors to the success of the products in
their stores, but also fine retailers for late shipments. In retail, late
shipments equate to lost sales. In real estate, late payments lead to increased opportunity
costs and decreased value of money.
Sunday, April 4, 2021
ARMs: A Quick Look
Sunday, March 21, 2021
How to Navigate Legal Structures in Real Estate
Monday, February 8, 2021
Why Most People Don't Get Rich In Real Estate
This may seem harsh, but please
let me qualify my statement by saying that it is not easy to maintain consistent
motivation. Having sufficient motivation to push through real estate losses,
market downturns, bankruptcies or even years of unfruitful prospecting takes inner
strength. During down times and after particularly difficult lessons in real
estate, it can often feel like the experience was a sign to quit or move in a
different direction. It takes true motivation, self-confidence and some self-delusion
to look at a negative real estate experience, learn from the experience and continue
on. This motivation is intrinsic and it only comes from a goal-driven approach
to make it in a real estate. Quitting can never be an option. To that end, I want to share the following link to
“The Strangest Secret” by Earl Nightingale, in the hopes that it is helpful to
someone.
Wednesday, January 27, 2021
How To Get Rich In Real Estate: The Proven Method
Tuesday, December 29, 2020
The End of 2020: Now What?
2020 has been a life-changing year for everyone, literally everyone. From the global pandemic, to the fluctuating economy, not to mention the seismic shift in the perception of "going to work," it is safe to say that the world is different place than it was 12 months ago. Now what?