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Who Do you Use for Investment Coaching?

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Services for Real Estate Pros with Quilting Bits & Pieces

Who is being used the most for investment coaching?  Realtors? Fellow investors? Accountants? Friends?

Do you attend investment classes?  How have they helped?

What tips have you learned that are most worthwhile?

Can we get a top ten tip list going?  Would getting an understanding of the true value of the property be in the top ten?  I feel this is important because many times a sellers representation of value may be skewed depending on whether the seller is using county appraisal as the basis or rental income alone as the basis, etc.  Other factors should be considered such as an analysis of value of other properties on the block or neighborhood.  When a combined approach that uses multiple criteria for basis, a more accurate true value is derived.  My husband is a Realtor who works at determining true value of an investment property.

Who can add to the list and who was your investment coach that taught you the tip?

Comments(4)

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William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

Wow Rich,

I do my best, I hope I help my students, my clients, and my readers.

I have some very serious thoughts on this subject and maybe I should blog them but not here. I think the problem is people often mistake those live infomercials for classes. Anything that ends with a sales pitch is not a class!

If you're looking for good Gurus I'd like to be considered and I would also suggest Jeanette Joy Fisher http://www.jeanettefisher.com her books are head to head competing with mine, and rather artsie craftsie but good real estate and she's a nice lady. Then there is John T Reed http://www.johntreed.com his books are written for an investor a level or two above my current offerings. Reed's

"The real estate B.S. artist detection checklist" is the best article on evaluating real estate Gurus that I've ever read http://www.johntreed.com/BSchecklist.html

Bill

William J Archambault Jr

The Real Estate Investment Institute

http://www.reii.org

Nov 07, 2006 06:21 PM
Eula Lang
Quilting Bits & Pieces - Lawrence, KS
Thanks Rich and Bill.  I'll head over to these websites to see what I can learn.  I appreciate the time you took to post!
Nov 08, 2006 12:09 AM
William J. Archambault, Jr.
The Real Estate Investment Institute - Houston, TX

Cheryl,

Besure to check out Reed!

 

Bill

Nov 21, 2006 11:48 AM
Bill Exeter
Exeter 1031 Exchange Services, LLC - San Diego, CA
1031 Tax-Deferred Exchange Expert

The other side of the coin is that the investor should always have his or her team of real estate advisors assembled and ready for anything that might come along, including a good Realtor that understands the markets, asset classes and niches they are interested in investing in, a good escrow officer or closing officer, real estate attorney, real estate tax advisor, an appraiser and a Qualified Intermediary if they are doing 1031 exchanges. 

Dec 13, 2007 12:24 PM