investment: Real Estate Agents :: Five Myths about Investing in Real Estate
- 12/27/06 03:08 PM
Real estate agents who deal with investors will encounter clients with all sorts of ideas - some of the ill-informed. Here are a few that I've run into. Myth #1: You have to be a slave to your properties. I find it interesting that one finds so many references in the popular press about the horrors of being a landlord. Consider this blurb that appeared recently on the MSN finance page: "...Just when you thought being a property magnate was going to be glamorous, that late night phone call from your tenant saying they have left the bath running and flooded the place … (2 comments)
investment: Avoiding Investor Burnout :: Part II
- 12/15/06 02:27 PM
Avoiding burnout in investing. As promised here's the first of four principles I wanted to discuss: Principle #1: Look before you leapMany real estate investing courses are just personal motivation seminars with a thin veneer of real estate education. These courses may serve some use if they cause you to take charge of your financial future, but you don't want to go charging into battle without the right tools. In the example I offered the other day the seller's primary mistake was that he underestimated the amount of effort that it would take to remodel the two properties. He nearly had the … (0 comments)
investment: Avoiding investor burnout
- 12/15/06 02:21 PM
According to census figures there are almost nine million single family rental property units in the United States, and more than twice as many units in multi-family units. The vast majority of these are owned by individual owners (as opposed to corporations). People like you. Another interesting figure is that of these owners, almost a third report that they would not buy property again. Real estate is one of the most solid paths to building a sound economic future, but it's not for everyone. So - why so many burned-out landlords? Well there are a lot of answers to that question, … (0 comments)
investment: What Real Estate Investors look for in an agent...
- 12/10/06 05:13 AM
I've dealt with real estate agents with both my "homebuyer hat" on and my "real estate investor" hat on. Each brings with it a unique set of expectations. Real estate investors represent a special group of clients for agents. As the field gets crowed both with agents (10,000 new Realtors® every year!) and technological innovations, finding a niche will be important for agents who want to thrive as the market evolves. Following are five things that I, as an investor, tend to value in an agent. This is just my opinion, but it's informed by feedback from lots of other investors. 1) … (17 comments)
investment: Agent / Investors...?
- 12/09/06 01:07 AM
I'm interested in hearing from Real Estate Agents who are active investors. Or, perhaps, those who have consciously decided not to be (conflict of interest, perhaps?) I have an agent that I know and trust and who I work with here in Houston. She owns at least one investment property, but I wouldn't call her an active real estate investor. I stick with her because of trust and our personal relationship (but increasingly I do things on my own when it's beneficial to do so.) I notice that I don't seem to run into a lot of agents who are active real estate … (6 comments)
Real estate agents who deal with investors will encounter clients with all sorts of ideas - some of the ill-informed. Here are a few that I've run into.;)
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