Activity breeds activity and activity breeds success. As a real estate investor you have to be ACTIVE, you must be taking action, you must be aggressively chasing after deals, chasing after financing, shaking hands and meeting people. If you find yourself casually looking around on the internet and driving around once in a while looking for deals you should rethink your strategy. One way to keep yourself active and motivated is through simple goal setting. Set specific, actionable and measurable goals. Have a weekly goal set for how many phone […]

A couple of days ago the National Association of Realtors released some statistics that showed February existing homes sales showed and unexpected increase. A few days later, a key government report released some statistics showing that February new homes sales fell to a 13 year low. So, the question is, what does all this mean? I personally don’t think these reports by themselves mean much at all. As I mentioned in a previous post, one month’s data doesn’t tell us much. We need to be looking for trends or consistent […]

Interesting and surprising numbers were released by the National Association of Realtors. Sales of existing homes posted an unexpected increase in February when a decline was anticipated. Does this mean the housing market has hit a bottom and things are on the rise? It is hard to say. I think it is an indication that sellers are finally realizing that for them to sell their homes they need to reduce their prices, and this is great news for investors. As prices come down, sales activity will pick up and that […]