Becoming a Successful Full Time Real Estate Investor
This is a continuation of Becoming a Successful Full Time Real Estate Investor – Setting goals
In order to be successful, both the rookie real estate investor as well as the veteran needs to continue to implement strategies to improve their business. There is always a way to sharpen your skills to create more success. One of those necessary implementations is goal setting.
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Advertising Tips: Using Cash As Bait
As a full time Canadian real estate investor, we must realize that we can’t rely on other people like realtors to get us the majority of our deals. If we stick to the MLS in order to build our portfolio in a "conventional" manner, we may either run out of money or become too much of a risk, based on our debt load, to be financed.
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How Bird Dogs Can Make You A Multi-Millionaire
As a full time Canadian real estate investor, we can never put all of our eggs in one basket. By that I mean we can not leave our career exclusively up to our realtors to bring us deals. There are only so many good deals that realtors can bring us and only so many deals that you will be able to close on as a result of financing. An investor can only own so many properties before they are considered too risky by a lender. We must have both alternate sources and alternate strategies. In this article we'll talk about the alternate sources.
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Top Ten Marketing Tips For Real Estate Investors
As a full-time Canadian real estate investor, we need to create massive and passive income for ourselves. We cannot only rely on a realtor to help build our portfolio, otherwise we could become broke or our portfolio could grow very slowly. We must however rely on our marketing skills to create many, many deals for us.
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Repairing Your Credit In Canada
Timely paying your bills is quite normal for an average Canadian. Your punctuated when it comes to your card payments but you’re having trouble getting into the perfect credit category. Are you acknowledging the steps you’re taking to damage your credit?
It isn't hard to damage your credit score with all the myths about credit going around. We often don't understand how credit score is calculated that we assume what we are doing is right. Paying your bills
Before trying to improve our score we got to acknowledge all the steps we are taking when it comes to damaging our credit.
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How To Establish Property Values In Less Than One Second
As a full time Canadian real estate investor, we may be recieving calls at any time of the day or night from someone responding to our marketing. The call may come from a city where we are unfamiliar about the property values, but we have to be able to make an offer quickly.
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Bandit Signs Part 2
If you missed the previous article – Bandit Signs
As a full time Canadian real estate investor, we must be continuously looking for new ways to drive business to us. We have to realize that we are our business and we must be responsible for our business. Our time is our most precious commodity so we must use it wisely. Resting on previous triumphs or letting one or two realtor be the sole sources for your deals is a quick way to go from aq full time to a part time investor.
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How To Double Your Rent
As a Canadian real estate investor and landlord, are you are getting fair market value rent for your units? You generally are subject to a certain amount of rental increase in most provinces, which is set out by provincial governing bodies.
You are effectively handcuffed to the amount of rent that you can collect. You can only increase your rent to a new amount once a tenant has moved out and another one has moved in.
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How To Effectively Pick Your Tenants
As a full-time Canadian real estate investor and landlord, one needs to choose their tenants wisely. Why? Because we want to set ourselves up to have as little stress involved in our business as possible. We want to spend time making more deals, making a massive and passive income for ourselves.
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The Suicide Clause
As a full-time Canadian real estate investor, we must be very aware of the types of mortgages that we take. During our time as an investor, we will do deals where we do not take the mortgage ourselves. In other words, we may joint venture with someone who does the qualifying. We will, however, be doing deals where we do have to get a mortgage.
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