Protection in layers One of things I remember about growing up in North Georgia was the excitement associated with the prediction of precipitation. Snow as a kid was just awesome! And the snow days I remember the most happened during the blizzard that hit us in 1993. It happened right around my birthday, and we got hit hard. There was so much snow that I could jump my…
They think differently than we do Ashley and I were out knocking the pre-foreclosure doors in Whitfield county yesterday. While we were there, we had an interesting experience that I would like to tell you about. The first couple of houses we went to were your normal $125-140k house in nice neighborhoods. I say “normal” because that’s the price range that the average person lives in in our…
Did we buy an alligator? Real estate investors are known for being risk takers. As a matter of fact, most of the time the reason an investor gets into trouble is because they estimated too high on what a property would sale for once they fixed it up. The outcome for this speculation is that the investor gets too thin with their numbers and overpays for the property….
Make sure they understand People tend to naturally say “No” to things they aren’t familiar with. This is a reality real estate investor must overcome in order to get a “yes” on a creative deal structures when talking to sellers. You do that by making sure they understand what you’re proposing. Take owner carry-back financing for instance. Most people are accustomed to the idea of making payments, especially…