Category: Uncategorized
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The Strategy of ROI Method
The ROI method offers a helpful strategy for producing wealth. Wealth is not riches, in spite of what the dictionary says, because riches cause you to continue to do to accumulate. Wealth on the other hand is money you’ll receive even if you don’t do a thing. I am not saying that to accumulate…
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Credibility
In my last few blogs, I have talked about the tripod needed to form a level platform for integrity. Integrity, according to Mr. Webster mean: I have already written on integrity, Honesty and Trust, but when I did so I wrote about the outward view on them. There is also an inward approach to these…
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Honesty
Honesty, again I will give two of dictionary dot coms definition of honesty: E.W. Howe is credited for saying, “The way out of trouble is never as simple as the way in”. It has appeared to me that often the wrong or the easy way often appears to be more attractive. When…
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Trust
According to Dictionary. Com the meaning of trust is: reliance on the integrity, strength, ability, surety, etc., of a person or thing; confidence. Trust is a confidence that something is correct. The is an instrument that is used in the construction industry which contractors trust and yet that instrument relies on the integrity of its…
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Integrity
Integrity is a word that we don’t hear very often. Perhaps those who say it most are trying to cover the fact that they have forfeited theirs. Yet the fact remains that to be a successful real estate investor, you must have integrity. The poet John Donne said, “No man is an island,” which also holds true in real estate investing.…
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Using Math to Overcome the Fear of Acting
One troubling reason preventing someone from accumulating wealth through real estate investing is the fear of making mistakes. This fear causes potential investors to remain by-sitters, watching others as they succeed and fail. Not all real estate investors find the path to wealth. It is also true that not all real estate investors lose…
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Helpful Hints # 3
This hint might have you go back and look at some of my previous blogs, for I have written on the various methods used to appraise properties in the past. Because of this fact I’ll not gives example of how they work these methods; however, I will tell you which method you may wish to…
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Helpful Hint # 2
The After Rehabilitating Value (ARV) is something each investor needs to calculate before purchasing any property. This calculation is important because when you use it with the 1 percent hint you know what you’ll be renting the property for. However, this calculation should also help you in determining what the maximum is that you could…
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1 Percent Hint for Hunting Houses
There is nothing new to be learned to adapt to the ROI method. It is simply changing the way you go through the steps and applying a few helpful hints each property shows us so that we do not waste time on properties which don’t have positive cash flow potential. As we grow more…
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Decisions Which Need Answering in the ROI Method
The RIO system requires that one purchases a property below market value or that they see a hidden potential which others miss. The most popular method for achieving this time after time is to purchase a distressed property. Some believe that in order to become successful in real estate investing you’ll need to become an…