I am here to share my experience and to provide some tactic tools and strategies as you anticipate for your most awaited first multifamily deal. This is the exact same process I followed, I just fine-tune it, refined it throughout the journey on the multifamily side but now it’s to a point where just doing small tweaks at this moment, so I'm just going to share what I’ve done up until this point.
Today, more and more people are now doing the big switch from single-family to multifamily real estate property investing. This is because multifamily investing is more promising in terms of value, competition as well as the return on investment.
On the other hand, shifting to another investment opportunity is not as easy as you think. I can attest to that. The road to success wasn’t easy. I had encountered a lot of setbacks and mistakes before I finally learned the ropes of it.
To succeed in the real estate industry or any other niche out there from what I’ve seen, it is essential that you want to be investing in the right tools and materials but other than that, I’d say yourself is the most worthwhile investment. Why do I say this? For me investing in myself is something that has helped me to reach where I am today.
As I have alluded to, I have made more mistakes in the past compared to my successes, but I always make it a point to learn from them. During that time, one of the most effective methods I’ve found when conducting real estate deals is the direct-to-seller approach. Using this method, you will have the highest chance to close a deal with the best terms for you and the seller.
The real estate industry is very inviting, just think of the opportunities and hefty income that you can get if done right. On the other hand, people tend to have difficulty deciding if they are going to jump in or not. Entering this industry is not easy for the reason that aside from the things that one needs to know or familiarize, having the right mind-set is definitely should be the main priority.
In this article, I will be sharing my thoughts, mindset, and experience as I go through the real estate investing journey. Having a proper mindset is I think very important especially if you want to succeed in life in this competitive industry.
Property management companies play a very important role in business. This ensures that you have the right people whom you can depend on without being always there and help you focus on other important things. On the other hand, a good property management company whether you are hiring one or have your own, it is essential to know the role of each one of the team members.
Off-market properties are the perfect options if you are looking for single-family homes or apartments. Since they are not yet advertised in the market, you have a bigger opportunity to get great deals. On the other hand, not having the right strategy on finding the best off-market multifamily deals can lead to failure, Having a hard time finding the best off-market multifamily deals? In this article, I will be sharing with you the ultimate trick in finding the best deals.
This is something that is not new to investors any more. Sometimes they depend on these opinions and theories from other people before they make an investment decision. I’m here to share with you my experience in my real estate journey so that you can avoid pitfalls that I have experience and replicate the successes that I have done as well. Today, I am going to discuss the top 7 real estate myths that usually hold investors back.
Entering the world of real estate investing is definitely exciting. Just imagine the income that you can get from this passive type of business if you do it right. Becoming a new landlord for several properties can be overwhelming, and you might do or make a decision that can kill your profit. Here are the top 5 reasons I believe can kill profit that new landlords commit un-deliberately speaking from experience on most.
