Easy Real Estate Investing?
As real estate investors our perfect world would be something like this:
- Find a completely renovated property that exactly fits the system, make an offer,
- do and be satisfied with your diligence (due diligence), remove conditions,
- close on time,
- place your perfect tenant
- and enjoy your solid positive cash flow.
That would be a perfect world but real estate investing, and life, isn’t really like that. There are lots of bumps and twists, questions and situations that come up every day in your normal lives and with every real estate transaction.
What I have discovered over 40 years of being a lawyer and handling approximately 25,000 transactions is that every deal has its wrinkles and crinkles, its ups and downs; situations where you say, “should I or shouldn’t I?” There are many situations that keep coming up time and time again, situations that raise basic questions to which you need the answers. Having answers will help you move forward with your business of real estate. These answers will be valuable tools in your real estate toolbox, enabling you to quickly deal with those ever-present puzzles and questions that come up constantly in the world of real estate investing.
Over the next few weeks, I’ll be posting about The Basics with a series of podcasts and associated text. Make sure to follow this blog, add the RSS feed, and subscribe to the podcast so you don’t miss an episode!