Thursday, July 20, 2006

Free Real Estate Forms

Free Real Estate Forms (including Leases, etc.) from ILRG.

Saturday, July 08, 2006

Protect yourself when showing a property

If you need to show a property to lease or sell take the hints
- Get prospect's full name and phone number when you schedule appointment
- Google the name and phone number to see if they match or if there is other important info about the person
- Carry pepper spray
- Carry a cell phone
- Have someone wait in the car while you show the property (or accompany you)
- Prospects show photo ID before entering; make sure it matches the name given on the phone.

Wednesday, July 05, 2006

Risk & Grow Rich with The Apprentice

Notes on Kendra Todd's Book
Risk & Grow Rich : How to Make Millions in Real Estate

3 Ates that Make Risk Work:

10 Steps for Turning Risk into Opportunity include:
- Persistence
- Mentoring
- Take Action
- Positive Thinking
- Learn from Mistakes

Formula for Making First Million
This outlines essentially an equity pyramid. Most people consider this risky except in an advancing market; her point here is that you do your research to find the places that are appreciating and then there is less risk and you can keep it up indefinitely. Unfortunately, there are few details on research statistics to look at for any given area.

In general this is a good book from the standpoint of opening your mind to possibilities and reinforcing the concept that without (educated) risk, there is no reward. I don't personally agree with the millionaire formula she outlines -- not my cup of tea (rather, see John Schaub's Building Wealth One House at a Time : Making it Big on Little Deals).

Worth the read though.