Let’s face it we’ve all watch the shows and think “Wow, how glamorous, I want to do that!” The truth is taking on new challenges can be stressful and scary. But don't let those emotions cause you to think flipping houses is too complicated, because it's not! And although at first the learning curve can be a little steep, it smoothes out the longer you do it. Flipping is simply a process, and any process can be learned. Remember…
In the United States, July 4th, we celebrate our most significant national holiday: Independence Day. On this day we remember how, as a people, we stood up and committed to our personal freedoms. The nation that resulted became the exemplar of personal freedom - and hundreds of other nations followed in its wake. This transformed the world. I’ve been thinking a lot about independence and personal freedoms lately. What does it really means to me? I had certain milestones that…
Do you know what you want? What do you want to make real? Can Real Estate make that happen? Is it abundance? Is it freedom? The key to this game of life is living it on your terms. What is that for you? How would you know if your life was truly magnificent, extraordinary, unique, special, and what you’ve ultimately wanted? I want you to think of ONE goal that you would like to accomplish this year. What is a…
What about those property managers who are doing a great job for you? Just like kids who are doing what you ask and who don’t cause problems for you as a parent, you want to reward the heck out of property managers who are doing a great job. Recognize them for what they are doing right... if possible, in public and in front of their work mates. Reward them with a gift card to their favorite store or a Starbucks…
How is investing like self care? As women, we need to take care of ourselves in many ways. Sisters are doing it for themselves! And one of the ways we can look out for ourselves is through sound real estate investments. Let me share how real estate investing takes care of YOU. 1.) Appreciation – Despite the recent real estate crash, when you look at real estate over the long haul, it’s accurate to assume some level of appreciation in your…
Always Be On the Lookout for Good Managers! Call it what you will, but you need to be in a consistent interview mode. When you attend real estate investing educational and networking events, you’re on the lookout for great managers. That way you won’t be stuck if yours goes rogue. When you’re out and about in your daily real estate investing life, you need to be prepared. Know what you’re looking for upfront – You can’t ask for what you…
Oh, we all want it, don’t we? That perfect relationship that we can hold onto for a long time to come… But I’m not talking about a man here, or a ring. I’m talking about real estate that will bring you solid cashflow month after month! When you find a property you like, don’t waste time considering all the what-if’s and how-to’s. Put an offer on it instead. The rest will fall into place. (I’ll get to that soon.)…
What your property manager should be doing.... That’s right. I said it. Managing your managers is kind of like being a diligent mother... because you have to keep your eye on them or they might try to get out of doing their chores! Think about it for a minute. Just like you want your kid to pick up after himself, take out the trash, take care of his room and belongings, and be polite to your friends and business associates...…
Why managing property managers is important. Face it... You can’t be in two places or more at once. That’s why property managers are a really good thing to have. The best managers watch over your properties, so you don’t have to. They collect rent; they make sure the maintenance man is called when necessary; they are supposed to be your eyes and ears. They are supposed to make your real estate investing life run a bit smoother. BUT... What happens…
Hey I’m Deborah Razo, founder of the Women’s Real Estate Network, also known as WREN. I was recently at a talk about negotiating for women and it was a real eye opener. Has negotiating been a process you’ve viewed as hostile or combative? Have you avoided it? I was given these 5 tips and want to share them with you. Let’s think about negotiating in a different way. Shift into a more collaborative conversation. Most people call this more…