48Days.NET

Wealth Building with Real Estate

Information

Wealth Building with Real Estate

This is a group for those who are interested in creating wealth through cash flowing real estate and equity building

Website: http://www.catalystcoachnation.com
Location: Chicago
Members: 154
Latest Activity: 9 hours ago

Discussion Forum

How to be a good real estate investor.

Started by Michael Galvan. Last reply by Michael Galvan 9 hours ago. 5 Replies

I have utilized 3 major components to take my real estate investing to the next level.  These 3 components should be used to increase your real estate investing knowledge and sophistication.  Take the time to understand the benefits of these 3…Continue

Tags: estate, real, management, financing, partners

Real Estate investments outperform the stock market

Started by Michael Galvan on Wednesday. 0 Replies

It is no surprise to me that real estate investments are doing well.  Even in the midst of the stock market downturn and correction.  I think there is still more downturn in the equity markets that will take place over the next 30 days and for me I…Continue

Tags: wealth, building, market, stock, real

Higher Returns and Less Risk!

Started by Michael Galvan. Last reply by Michael Galvan Aug 21. 2 Replies

I am a believer in high returns with less risk.  It is a myth that you must take greater risks to achieve higher returns.  If you are interested in getting higher returns and keeping your risk low then consider using leverage.  Leverage comes in…Continue

Tags: returns, business, estate, real, investments

Extraordinary Opportunity Awaits.

Started by Michael Galvan Aug 4. 0 Replies

I read a Wall Street Journal story today citing Atlanta Fed President Dennis Lockhart as saying that the US economy is ready for a short term interest rate hike.  Mr Lockhart also stated that he would be hard pressed not to move on this unless there…Continue

Tags: financial, CFP, Peroni, investments, doom

Keys to Success

Started by Michael Galvan. Last reply by Michael Galvan Aug 4. 2 Replies

We as people, whether it be on a personal level or a professional level can create a desired future.  I have it heard it said that the best way to predict your future is to create it!  The key to this happening depends largely on us in that we must…Continue

Tags: opportunity, God, desire, values, dreams

Failure can make you Wealthy!

Started by Michael Galvan Jul 7. 0 Replies

When it comes to real estate investing, fear of failure is the most common reason that a potential investor never fulfills his potential.I recently read an interesting, motivating and inspiring story about a woman named Sara Blakely.  Sara is the…Continue

Tags: dreams, confidence, estate, real, failure

Good Debt and Bad Debt

Started by Michael Galvan May 27. 0 Replies

Here is another way to be more financially savvy with your money.  Understand how debt works for you and how it can work against you.  In the following story understand that this investor used debt to his advantage.  Consumer debt that produces no…Continue

Tags: power, rent, estate, real, debt

Comment Wall

Comment

You need to be a member of Wealth Building with Real Estate to add comments!


Group Leader
Comment by Michael Galvan yesterday

Tyler Peterson this group is about creating wealth for the long term and the main focus here is real estate.  As a real estate broker myself I can tell you that there are many tips, within the group discussions, that would help you understand the business concepts required to be successful as a real estate broker.  If you would like some one on one help you can reach me at mike@gallydevelopment.com and I would be glad to help you where I can.  I have been in the real estate business for 17 years and have been involved in more than 75 million dollars in transactions on both the commercial and residential sides of the business.  Let me know how I can serve you.   

Comment by Tyler Peterson on Friday

Hi all-

Is this group more about real estate as an investment?  Or, is it good for prospective realtors for tips, etc?  I want to get my license so I thought I would check.

Thanks!

Tyler

Comment by Dan Lacine on September 9, 2013 at 12:20pm

How to market & get good residents?

Seven years ago we decided to try the "buy-renovate & resell" idea (flipping?). By the time we fixed places, the economy turned & we ended up renting instead.

I own 2 properties in town - a house and a duplex (2-2 bedroom units) for rent.  I have 2 vacancies now (out of 3) and it seems that it takes months to get a good tenant (let alone an applicant).  I get a lot of responses to my Craigslist ads and some from the world-known major hospital's online ads. One house is walking distance to the clinic.
I continue to get a lot of "unqualified" callers, meaning - they cannot afford it or they have pets or smoke. I am NOT on a mission to provide free housing.   My application process includes obtaining a credit report (which I do online), verifying income & bank balances & references. Perhaps I am afraid of getting a bad resident so the process is there to avoid that. I have heard too many stories of renters not paying and the property manager having to get a court eviction and then spend more $$ fixing up damages.
I follow the legal requirements of the Fair Credit reporting act and non-discrimination, etc.  I screen my callers before I show the place, but screening callers is a process I don't enjoy.  Eventually I'd like to sell both places, but at this time, it would be nice to have them fully rented so I can get in the black.
I still spend too much time showing my places and good prospects not applying. Perhaps I should encourage them to fill the application at the time they view the property?
Your ideas are welcome.

Dan
Comment by Jonathan Casillas on March 2, 2013 at 5:06pm

 I am a Commercial Real Estate Loan Originator. I am able to close loans in all 50 states. If I can be of assistance please feel free to contact me.

Comment by Jini Charley on February 19, 2013 at 6:23pm

Thanks for the info Thomas. Will take some time this week and look it over and get in touch with you about it.

Comment by Thomas H. Riche on February 19, 2013 at 4:15pm

Jini, I havet't posted on this board in several months and decided to catch up on posts today.  After reading your post regarding RE Development & PM, it reminded me of myself several month ago.  I came to to the realization that I did not know the first thing about real estate, but after retiring from my Job and going to a local real estate meeting with a friend, I thought I might get educated.  That meeting was just enough to whet my appetite.  I wanted to learn as much as possible because my mother, who is now 85 and in a nursing home, has property which is being rented, and neither my sister nor brother have any interest in managing this property and none of us have been educated in this field.  To make a long story short, I found a real estate education company that teaches everything I needed to know, and much much more about the entire field of real estate.  I purchased this education and joined the company.   If you or anyone on this board is interested in this basic to graduate level education, just leave me a post or go to www.getrichewiththomas.com

Comment by Jini Charley on November 24, 2012 at 7:37pm

Hi everyone,

I don't know if this has been addressed before as I am just studying the information in this group.

My question: Is Real Estate Development & Property Management the same thing? If not, what's the difference?

Yours in Success...

God bless..

Ms Ranjini "Jini" Charley
jinicharley.business@gmail.com
http://jinicharley.blogspot.com/p/about-jini-charley.html

"Together with Jesus is better than separate and alone" - Sarah Bowling

Comment by Jini Charley on November 14, 2012 at 10:37am

Hi everyone,


I am interesting in starting up a company here in Belize that buys residential and commercial properties, develops them and then rents/least/resells them, but I have no idea how to go about doing any of this.

If anyone could help me I would sure appreciate it.

Yours in Success...

God bless..

Ms Ranjini "Jini" Charley
jinicharley.business@gmail.com
http://jinicharley.blogspot.com/p/about-jini-charley.html

"Together with Jesus is better than separate and alone" - Sarah Bowling

Comment by Jeremy Cockrum on August 10, 2012 at 11:08am

I invite you all to join a new group I started named Real Estate Agents.

The Real Estate Agents group is intended to provide a forum for licensed Real Estate Agents to exchange ideas, discuss trends, ask/answer questions, refer clients to one another, and provide info to the public.  The Real Estate Agents group is also for members of the general public for them to ask questions and keep in tune with the real estate market.

Comment by Henry Matlock on July 20, 2012 at 10:40am

If you want to expand your reach and gain more followers and customers, then you may want to take advantage of this little nugget I just blogged about:

http://bit.ly/OxGFjW

 

Members (154)

 
 
 

Check it out!

Follow 48 Days:

Have a question or want to connect? Enter in some keywords here to see what we're already saying!

Weekly Podcast

Hosted by Dan Miller

Good stuff from 48days

Sign up for the FREE weekly 48 Days Newsletter HERE
Check out Dan's 
daily blog and 
free worksheets
Get the 48 Days App!


 


Have a question or want to connect? Enter in some keywords here to see what we're already saying!

 

© 2015   Created by Jon Dale.

Badges  |  Report an Issue  |  Terms of Service