Teach Clients House Selling Secrets

house selling secretsAs a professional, it’s sometimes hard to remember that selling a house is something most people do precious few times in their life, and they really don’t have much of a clue about how to “increase the curb appeal,” to borrow a phrase from HGTV. Here’s where you can step in and generate some of that all important good will from a client. Not only are you helping them get the best price they can from a house but you’re also ingratiating yourself so that if they decide to become an income property investor down the road – they’ll pick up the phone and call you.

Wanna Get Rich Quick – Don’t Try Real Estate

get rich quick, real estateThe late night infomercials and real estate investing ads would have you believe that it’s an easy thing to get rich quick in real estate. Listening to them, one would think that at least a handful of millionaires are made every few seconds, especially once they’ve seen the wisdom in purchasing whatever high price seminar the “guru” is selling. If only it WERE so easy. One reality in this life is that a sure way to tell if the sales pitch is nothing more than a load of warmed over crap is a promise of amazing, immediate wealth at any point in the spiel.

The Recession is Not Over – Keep Buying Income Property

recessionMr. Obama has been known to proudly declare that the recession ended in June 2009. Thank goodness for that because, if we didn’t know any better and judging by recent GDP numbers, we’d assume that the economic downturn was still going strong. The current administration (and we use that term loosely since it seems they aren’t actually administering to anything) has taken to pointing at an increase in the overall GDP of the nation as evidence that the bailout/stimulus program is working. The problem with all this proclaiming and back patting is the recession is not over, Americans still can’t find work and you’re looking at the wrong damn numbers anyway!

Do your Clients Know This About Rehabbing Older Homes?

rehabbing older homesWhether rehabbing an older home to flip it or simply remodeling to make it fit for a tenant to move in, real estate investors better darn well know about the lead law from the EPA. With a fine starting at $37,500 per day, this is not one you want to mess around with: learn it, know it, obey it. By the way, like we said, that startling figure quoted goes up precipitously if the agency can prove you knew about the law and went ahead with the work anyway. Did we already say this is not one to mess around with. This is not one to mess around with!

Social Security Retirees Better Have Plan B

Social Security, income property investmentsThe fact that many Americans refuse to face is that there is a distinct possibility that your Social Security retirement might simply disappear before you need it, or, if it’s still around, will be unrecognizable from the stalwart pension plan it was intended to be all those years ago. Right now, the Social Security program is operating at a deficit of more than $14 trillion dollars. That means that the money needed to make payments is not there and, the dirty little truth, is that no one has a very good plan for figuring out to fund the thing any time soon. For the time being, money comes from raiding other areas of the budget.

Show An Income Property Investor The “Money”

income property investorIt’s not an easy thing to change the way people think, especially when the belief they’re holding so tightly onto is as ingrained as investment philosophy. Most of us grew up listening to well-intentioned but misinformed advice from parents or mentors about how we should dollar-cost-average our way into the stock market and hold the position forever. At one point in history, that might have constituted “sort of okay” advice but that time has long since passed. Unless your portfolio is loaded with millions of dollars, today’s speculator driven stock market is liable to be a long term exercise in frustration.

Fly and Buy Income Property in Dallas

Dallas income property specialAs a forward-thinking real estate professional, you want to stay on the cutting edge of income property buying opportunities around the country. Part of your Accredited Income Property Investment Specialist (AIPIS) training is to know which parts of the country are hot for buying and which are not. While AIPIS offers no specific investment advice, out trusted affiliate, Platinum Properties Investor Network (PPIN), operates a free property recommendation service for investors interested in great income buying opportunities.

Avoid These 3 Mistakes When Buying Foreclosures

buying foreclosuresFirst responders might be a little nervous these days when it comes to calculating the amount of monthly pension pay that will be available after retirement – if it’s there at all. With the foreclosure market still swirling strongly through the news and income property investing circles, the idea of buying foreclosures has probably crossed your mind to get in on the action.

Jason Hartman Busy With the White House

Jason HartmanConsidering the political leaning of the current occupant of the real White House, it’s doubtful that AIPIS founder and CEO Jason Hartman would accept an invitation to spend time there but another white house has caught his attention. While many previous discussions have been related to single family residential (SFR) investments, let us not forget that sometimes you can also find a heck of a multi-unit deal.