Where real estate investors go wrong

By
Services for Real Estate Pros with Platinum Properties Investor Network

The rumors are true. Some real estate entrepreneurs have trouble turning their new business venture into a positive cash flow endeavor. Why is this? Part of the problem is being “motivated seller” focused rather than “deal” focused. Here’s what we mean by that. You can throw a rock in almost any neighborhood in the United States and hit a half dozen motivated sellers. Does that mean you have half a dozen good deals to choose from?

Heck, no!

It simply means there are six people desperate to unload their property. When you start to analyze each deal you will find them to be good, bad, or indifferent. No matter how motivated the seller is, a bad deal is still a bad deal. If you’ve been following our posts at Platinum Properties Investor Network for any length of time, you know we NEVER pull the trigger on ANY deal unless it makes sense the day we buy it.

You should do the same. It’s better to not be in a deal at all than to be in a bad one. The simple secret to real estate investment success is to always pick good deals. Easier said than done, right? Not really. We have turned the art of picking good deals into more of a science. There are a few metrics you should key on when evaluating any prospect that comes across the transom. If the property meets the test, go ahead and buy. If it doesn’t, discard it and wait for the next one.

It’s really that simple. I have been doing exactly that for more than twenty years. At www.JasonHartman.com you can learn to replicate his million dollar portfolio investing strategy at no charge. See you soon! Why not right now?

For more free real estate investing, internet marketing, and small business advice, visit www.Jasonhartman.com/radioshows.com or search "Jason Hartman" on itunes and subscribe to The Creating Wealth Show for no charge!

Or you can sign up for my free educational CD at www.JasonHartman.com/freecd

 

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Rainmaker
311,259
Glenn Roberts
Retired - Seattle, WA

I'll take a look.

Mar 30, 2010 01:09 PM #1
Rainer
71,922
Jody Lautenbach
Century 21 Premier Associates - Pella, IA

Good information. Many investors don't buy smart.  Sound like you can help them avoid that.

Mar 30, 2010 01:16 PM #2
Rainmaker
1,138,237
Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Good alert to us!

Mar 30, 2010 01:22 PM #3
Rainer
84,477
Dan Benefield
Benefield Realty - Decatur, GA

Good points Jason. I've always believed the money is made on the front end of the deal, not the back end.

Mar 30, 2010 03:15 PM #4
Ambassador
1,245,712
Paul Henderson
RE/MAX Professionals. - Tacoma, WA
I always put my clients first in any transaction!

Jason, I sit down with each of my Buyer clients and we discuss the merits of each property we think about putting an offer on. You don't have to be an investor to make an informed decision. I  agree that investors have a different angle however...
It's midweek for most Americans,
Paul

Mar 31, 2010 08:42 AM #5
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Rainer
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Jason Hartman

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