Real Estate Blog

“Which is More Important?” What do you think? Well, of course my blanket answer is that, it depends, however – I won’t leave you hanging, I will tell you what I mean. The first question you need to ask is which has the most profitable payoff? If I raise my rents on my 100 unit property $25.00 per month that is an extra $2500 per month income OR $30,000 per year. This could have the potential of increasing the property value about $300,000. Just with the $25 increase.

Or, what if your insurance was $33,000 per year. You found a better carrier that can reduce it to $25,000 per year, saving you $7,000. You not only made a nice impact on your cash flow but your property value is now $75,000 more. Now, here is the nice thing. What if you did both of these at the same time? Wow! Continue reading ‘Reducing Expenses Or Increasing Income on an Apartment Or Commercial Real Estate Property?’ »

“Honesty Is The First Book In The Chapter Of Wisdom”

When all is said and done, the best way for you to get as much out of your daily apartment and commercial real estate investment business is to use as much leverage as you can to get everything out of each day as possible. You can look at it this way. You can be highly successful without using leverage, but more often than not you will be spending every waking hour working on your business.

You know, 100 hours per week. I once read about a highly successful real estate investor in Chicago that put in over 100 hours per week. I don’t know about you but I do have other interests besides real estate. I have a family, friends, hobbies, etc. I choose not to work like a crazed man who will have a life expectancy of 45. So, if you want to go down that path that’s up to you. You may want to consider the path of having a career and a life outside of the career. If you do I have good news for you. Continue reading ‘Using the Power of Leverage to Succeed in Commercial Real Estate’ »

There are a lot of real estate seminars out there. Being offered day after day. Even in the mail, you probably get a pitch at least once a week or once every two weeks for a real estate seminar that you can attend in your area or maybe even a product that you can buy – like some CD’s. So, should you go to these seminars? Should you take advantage of the “next” huge investment opportunity that you have a chance to get involved in? Yes and No.

I have always recommended getting as much knowledge as possible. That is one of the reasons why you are even reading this article. And you will usually always walk away with at least one idea or strategy that you can use. But, don’t necessarily get sucked into buying the next big thing. In other words, don’t fall for the “grass is greener” syndrome and buy the $5,000 seminar or the $4,000 home study “get rich by Tuesday” course. Think it through first, the question to ask yourself is, “Am I Really Going To Put My Time And Effort Into This?” Continue reading ‘A Word About Apartment and Commercial Real Estate Seminars’ »

“Honesty Is The First Book In The Chapter Of Wisdom”

When all is said and done, the best way for you to get as much out of your daily apartment and commercial real estate investment business is to use as much leverage as you can to get everything out of each day as possible. You can look at it this way. You can be highly successful without using leverage, but more often than not you will be spending every waking hour working on your business.

You know, 100 hours per week. I once read about a highly successful real estate investor in Chicago that put in over 100 hours per week. I don’t know about you but I do have other interests besides real estate. I have a family, friends, hobbies, etc. I choose not to work like a crazed man who will have a life expectancy of 45. So, if you want to go down that path that’s up to you. You may want to consider the path of having a career and a life outside of the career. If you do I have good news for you. Continue reading ‘Using the Power of Leverage to Succeed in Commercial Real Estate’ »

Incoming search terms: