Sometimes the income property investment of a lifetime falls directly into your lap through no effort of your own. Maybe a friend knows a friend who wants to bail out of a house in Indianapolis and flee for the sunny climate of Arizona. The situation can take many forms, but the important part is that when the deal of a lifetime comes along, you have to grit your teeth and say, “No thanks,” because there is absolutely no way you can come up with the sum amount of cash required for the down payment.
How To Sell Property While Looking Like You’re Not
As real estate professionals ourselves, obviously the topic of sales comes up in the office every now and then, an occasion which reminds us of how badly most of us in the business could use a refresher lesson on the basic idea that if you’re doing more talking than listening, the chances of a successful property close gets progressively more remote. You may have all the chops you think you need to sell property but that and three dollars will get you a frothy sweet coffee at Starbucks.
The Best Investment A Realtor Can Make
Forget the swanky corner office with a view to infinity, latest generation iPad or Blackberry, and even the customer list you stole from the boss; all these investments pale in comparison to an investment dedicated to improving the gray matter in your skull. In other words, get yourself a world class knowledge base and use it to leverage your income into the stratosphere.
AIPIS 24 – Opportunities In Today’s Real Estate Market & Coaching For Success with Dirk Zeller
Jason Hartman talks with Dirk Zeller about helping your clients take advantage of the incredible opportunities in today's real estate marketplace. What are Buyers and Seller’s Missing in Today’s Marketplace? Unprecedented opportunities! Getting buyers and sellers...
3 Secrets To Becoming A Realtor In Today’s Economic Morass
To steal a phrase from a famous book which rarely anyone reads any more, “It was the best of times, it was the worst of times…” Are there any stalwart Dickens literary buffs out there who remember what follows? How about “…it was the age of wisdom, it was the age of foolishness.” And what, pray tell, do wisdom and foolishness have to do with becoming a realtor? As a career choice, selling real estate could absolutely qualify as one of the wisest decisions you make in your life but only if you understa
Real Estate Financing The AIPIS Way
We’ve nibbled around the edges of the topic in the past but let’s cut right to the chase. Why is long-term, fixed-rate real estate financing the AIPIS modus operandi when it comes to building wealth? Why do we preach it to AIPIS students and suggest you do the same to your real estate customers? The simple truth is that, assuming continued inflationary times, which seems a pretty safe assumption to make, there is not other method of investing that we know of designed to make you wealthy while the rest of the asset markets around the globe are shriveling into desiccated pieces of undervalued paper.
A Mortgage Education To Beat Inflation
We remember a line uttered by Patrick Swayze in his average movie Next of Kin. “You ain’t seen bad yet, but it’s coming.” Somehow, this shrimpish actor/dancer playing a tough Chicago cop made us believe that “bad” really was on the way. What does this have to do with your mortgage education? Well, you ain’t seen inflation yet, but it’s coming.
Realty Education In The Trenches
There’s a certain part of your realty education that most agents tend to come by the hard way, if at all. Do you have the Superman syndrome? Symptoms include an inability to delegate even the smallest task to anyone else in your organization, thus you spend all your time making copies (thank you SNL) or fixing noisy refrigerators for tenants. This is a poor use of your time! You’re a real estate investor. The majority of your time needs to go towards finding more excellent property deals. There are a few simple answers to dealing with projects that drain away the day’s time.
The Magic Of Leverage Magnifies Returns
Actually there’s nothing magical about leverage but it is amazing that we, as real estate professionals, have access to such an excellent investment tool. AIPIS considers real estate the only sane asset arena in which to employ leverage. Yes, the stock and currency markets allow the use of “leverage” in the form of what they call margin but if you had any idea how many trading accounts were blown up every day because of this damnable feature, you’d run screaming from the building.
Realtors Need To Know Rental Tax Deductions
One of the greatest benefits to completing the requirements for an AIPIS real estate designation is the knowledge gained regarding all aspects of income property investing. Many realtors (maybe you) aren’t aware of the plethora of tax deductions available to the landlord. Generally, any expense associated with maintaining, marketing, or repairing your rental property is a legitimate deduction. Let’s look at some of the possibilities. Remember, realtors, that all this information is good to keep stored away when you’re educating possible clients about reasons real estate is far superior to the stock market as an investment strategy.