In a perfect world, if we had a great idea for way to make a handsome profit and grow wealth, we’d already have the cash in hand necessary to just throw at that project and let things develop naturally. However, even people fortunate enough to have a lot money...
Being a landlord is one of the most reliable and easy ways to enjoy a constant income without necessarily requiring too much maintenance, either physical or financial. With the right strategy, and the appropriate sense of financial responsibility, letting your...
If you’re getting involved in real estate, especially residential real estate, then one of the things you’re going to have to do before selling homes off is ensure that that property is in good enough condition to actually be sold. While it’s true that a proper...
After the housing market crash, financial experts began warning people of the risks of flipping houses. With hiked-up interest rates and less buyers, flipping a home a few years ago could mean you were stuck with a money pit. However, housing prices are back on the...
The practice of “flipping real estate,” that is, to buy a property with a priority put towards renovation or some other means of increasing its value for quick, profitable resale, requires a combination of different skills. You need to have a good understanding of how...
Momentum is a difficult concept to quantify in business, even if it’s easy to understand on an instinctual level. The basic premise is easy enough; if you have a good thing happening, there’s potential for that good thing to set off a chain reaction of other good...
Land acquisition is the basis from which all promising real estate profit begins. It’s just a matter of realizing what kind of potential you have once a plot has been acquired. But the acquisition of the land itself can be an expensive process that drains you of your...
Renting out property you own is a great way to make your assets actually do some work for you. This is especially true in urban areas where space is always in demand, but there never seems to be enough of it to go around. For the typical landlord, there are two types...
If you’ve decided that you’d like to expand your profit potential and make some of your properties available for rent, you’re about to embark on a productive and fairly stable form of business that reliably generates income. However, this also means that you’ve now...
One of the great truisms of business—or any valuable opportunity—is to “strike while the iron is hot.” It simply means that there is a frame of time which, if you act quickly enough, will get you maximum results. While the saying comes from the blacksmith days of...
