Craig Haskell
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Where To Look For Profitable RE Investing Opportunities
Finding a good real estate deal is as difficult as finding the proverbial needle in the haystack. If you pay attention to detail, do your homework and use the sources in this article, you can find a good real estate investment deal.You might have to look at 100 deals and negotiate on 10 deals to buy one, but you can find good deals, especially in this great buyers market. Spending time looking at a lot of deals is necessary because not every deal that comes across your desk is a good real estate investing deal. Even if the deal meets…
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Tracking Commercial Real Estate Fundamentals
Are you tracking commercial real estate fundamentals? As real estate professionals, we need to constantly stay current on where the market is today and where it’s going tomorrow so that we can represent the best interest of our clients and investors.As Wayne Gretzky was famously quoted as saying, “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.” I love that quote because great commercial real estate professionals always seem to be one step ahead of the pack, making more money than others because they are playing where the…
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Strategies To Increase Apartment Investing CashFlow
Want to increase your real estate investing properties cash flow? Have any apartment buildings you would like to improve? I’m going to show you how to increase your monthly cash without spending a dime and start putting more money into your bank account each and every month.You can do this by uncovering hidden marketing assets within your properties. Once you learn where to find these assets and how to use them, you will be able to increase your sales and cash flow by 10%, 20%, 30% or more.Step back and look at all the possibilities your property offers its residents…
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Start Small on Your First Real Estate Investment
Too many novice real estate investors try to hit a home run on their first real estate investment. They try to raise too much money from investors or borrow too much from the bank on their first deal, which leads to the deal not getting done, costing lots of money, time, and heartburn.How do I know this? Well, I work with many real estate investors trying to raise money for their first deal and 80% of them are biting off way more than they can chew.In 1976, Rance King of RK Properties started his real estate investment business buying a…
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Private Money Pitch Book – 5 Essential Elements
Creating a powerful pitch book is such an important aspect of successfully raising money or finding private money that will fund your real estate deals. I hope these tips I share below serves you well in finding private money investors for your real estate investing. Now what is a pitch book? It’s your “30 second elevator speech” – it’s an investor’s “tale of a good deal” – it’s bascial your scripted commercial for compelling someone to invest with you on a particular deal or your persuavice speech for getting private money investors to loan you money for a return on…
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How To Turn Around Under-Performing Investments
Have you ever wondered why a property on one side of the street is wildly successful while the same type property on the other side of the street struggles to meet performance expectations? Could it be the side of the street the property’s on, or is it luck?Having worked with hundreds of struggling property owners and managers over the last 25 years, I have uncovered many common mistakes that landlords regularly make that lead to under performing financial and operating performance.Ever ask you self this question: “Why Do Some Real Estate Investments Out-perform While Many Others Under-perform?”Real Estate investments failing…
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How to Renovate Multi-Family Deals Without Over Spending
A huge mistake many real estate investment sponsors and investors make when renovating a property is to over spend on upgrading and improving an asset with excessive CAPEX expenses on your commercial real estate investment. Do you have a formula or guideline to make sure your CAPEX costs are not being wasted?Last week, a leading syndicator asked for my help to raise roughly $7 million of equity for an off market value add multifamily deal. I said, “Sure, let’s see what you have. Send me your underwriting model and I’ll take a look at the opportunity.”When I got the model,…
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Creating Value Using Forced Appreciation Methods
Real estate value investors that use the forced appreciation approach like to take control of their investments, not waiting for outside occurrences to happen. The old saying, “If it’s to be, it’s up to me,” is a hands-on approach many investors use to create their own appreciation. These types of investors can create large returns through their expertise, hard work, market intelligence, shrewd observations, relationships and unique strategies.Back in the early 90’s, I bought a tired 20-unit apartment building in Phoenix from an inexperienced investor. I bought the property well below the market value in a short sale with the…
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Commercial Top 10 Buying Rules & Mobile Applications
These 10 rules might seem elementary at first glance, but you’d be surprised at how many of the 10 rules are REGULARLY broken by real estate investors every day. With the, so called, gurus around the country preaching “more”, “bigger” and “quicker”, new real estate investors have gotten themselves into trouble by not following sound business principles outlined in this tip.Top 10 Rules to Buying a Great Commercial Deal1. Find a property to which you can add or create value that solves a problem2. Don’t fall in love with the property3. Research everything about the market and property4. Crunch the…
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Building A Wholesale Buyers List
The most common question asked by wholesalers is, “How & where do you find real estate investors or buyers?”Unless you have already been marketing your self as a wholesaler a really long time you probably don’t have a strong buyer’s list. Investors and real estate agents generally show some awed respect for this seemingly impossible task. In fact, having a active and large buyer’s list or investor pool is not as mysterious or as difficult as you might imagine, although it does require some organization and concentration.Here are 17 easy ways to build a buyers list to use in your…
