2020 is going to be a big year. It is time to set your sights high. Doing big things this year does not mean buying big, it means selling big. You will do yourself a tremendous disservice if you pursue properties that are in the jumbo category because only jumbo lenders can participate in this segment of the market and that represents only about 4 percent of the market. The Cap Now, if you pursue properties where your After Rehab Value (ARV) does not exceed the FHA cap for your area, you’re more likely ...
We are often encouraged to think outside the box. Innovative thinking can often bring long-term returns but, in real estate, at certain times in the market cycle, there is a place that brings consistent and timely returns. You can think of it as the “box.”
At the center of every real estate deal is the offer. In fact, it is at the center of every business activity. It is to what all your gathering of leads, researching property, communicating with sellers/potential sellers, and scratch paper analysis leads.
The TLA, or the Three Letter Acronym, is almost everywhere in the real estate world, and investors throw these abbreviations around with abandon. Knowing what REO (Real Estate Owned) or ARV (After Rehab Value) means is required when purchasing property and seeking real estate financing.
The one thing that seems to block most people from realizing their dreams is fear. To many, the scariest part of real estate is securing funding. New investors look at lenders as haunted houses and dread the process of funding their deals. Most fear is born of not knowing. Our goal is to provide you the knowledge you need to approach real estate financing unafraid.
One of the core ideas when we created the Lee Arnold System was that success in real estate investing does not come from one source: not from one source of income, not from one type of property, and not from one strategy of investing. Having multiple streams of income is an imperative in the creation of real wealth in real estate investing.