entrepreneurs: Where real estate investors go wrong
- 03/30/10 06:06 AM
The rumors are true. Some real estate entrepreneurs have trouble turning their new business venture into a positive cash flow endeavor. Why is this? Part of the problem is being “motivated seller” focused rather than “deal” focused. Here’s what we mean by that. You can throw a rock in almost any neighborhood in the United States and hit a half dozen motivated sellers. Does that mean you have half a dozen good deals to choose from? Heck, no! It simply means there are six people desperate to unload their property. When you start to analyze each deal you will find them … (5 comments)
While running my successful real estate and media businesses, I (Jason Hartman) believe that giving back to the community plays an important role in building strong personal relationships. In addition to my real estate investing company (Platinum Properties Investor Network - www.JasonHartman.com), I established The Jason Hartman Foundation in 2005 with $200,000 of my own money to provide financial literacy education to young adults so they can utilize the all important real world skills not taught in school which are the key to the financial stability and success of future generations. We’re in a global monetary crisis caused by decades of misguided policies and the cycle of financial dependence has to be broken, literacy and self-reliance are a good start. I am here to help!
The rumors are true. Some real estate entrepreneurs have trouble turning their new business venture into a positive cash flow endeavor. Why is this? Part of the problem is being “motivated seller” focused rather than “deal” focused. Here’s what we mean by that. You can throw a rock in almost any neighborhood in the United States and hit a half dozen motivated sellers. Does that mean you have half a dozen good deals to choose from?;)
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