Welcome to Real Estate Guide
Maine Real Estate Article
This is a selection made from among articles on Maine Real Estate. For a permanent link to this article, or to bookmark it for future reading, click here.
Real Estate Investment Groups: "Get 'er done"
from: Chris Anderson, PhDHave your heard there is a new real estate investment guru in
the marketplace? At night, he has a part time job as a national
stand up comedian and without the audience even knowing, he
gives them fantastic real estate investment advice. His name is
Larry The Cable Guy, and these days he performs to packed
audiences purely because of his real estate advice, I am sure.
So what is his secret advice to getting good real estate
investments? GET 'ER DONE!
In all seriousness, I don't think the Cable Guy is actually
giving real estate investment advice but he should. If you will
remember his famous "Get 'er done" phrase, it will serve you
well in the real estate investment. Early in my real estate
investment career, I bought single family houses and then turned
around and resold with owner-financing in place. As I was
beginning this activity, the HARDEST part was finding good
investments on a consistent basis. Why? Because I had no track
record and thus nobody would help.
When I approached realtors for help, they would be friendly but
rarely brought any good projects. I didn't understand why
because I KNEW I was very serious about buying. However, most
realtors really doubted that I would buy the houses if they
brought them to me. Having been in the real estate investment
business for a while now, I certainly don't blame them. What
realtors rapidly learn is that 90% of investors will back out
when it actually comes time to close. So they do all this work
and don't get paid.
But like many things, after you struggle through your first
couple of real estate investment deals, then you start to gather
a reputation of actually getting deals done. Before long, there
was a couple of realtors who figured out I could "Get 'er done"
and started to bring me more opportunities than I could handle.
This was a HUGE turning point because now people call me, tell
me about a real estate investment deal, and ask if interested.
All of this required ZERO work from me! Today, I still
occasionally pick up houses and primarily use one realtor who
knows that if I give her the go ahead to look, then she will get
an immediate pay day if she brings something that meets my
criterion.
As I got more and more into preconstruction real estate
investments, I got another rude awakening. Even though I was
serious about finding investments and had decent connections, as
a single individual, I was pretty much irrelevant to developers
and major brokers with large preconstruction projects. Why? I
was buying 1 unit and they might have 400 to sell. While they
were happy to get my purchase, they would not go out of their
way to find me other good projects and deals.... It was like I
had to beg to get in.
Over time, there was a small group of us that formed that had
more power but still, had almost no ability to interact with
developers and get better real estate investments. As time moved
forward, GetPreconstructionDeals.com was formed with the idea
that by surrounding ourselves with a group of investors, we
could now enjoy some of the perks of being able to "Get 'er
done" on a larger scale. Today, with that ability, we get to
look at a lot of projects and opportunities that most outside
investors never even know about.
This month, we will run a series of articles on take full
advantage of investing "with the power of thousands". With a
strong group of "Get 'er done" investors, it really becomes
amazing at the real estate investment opportunities that arise;
and this is true if the real estate market is booming, flat, or
declining.
We will also use this article series to introduce a major new
feature to GetPreconstructionDeals.com: an real estate
investment open forum and "town hall meetings" to help investors
group into smaller, more common interest areas. At our web site,
we obviously introduce a wide range of projects from
preconstruction condos, town homes, mountain and coastal
property, condo conversions, international and domestic, etc.
We will be taking steps to help gather "Get 'er done" investors
into smaller, real estate investment interest groups with a
tight focus on the types of projects they desire. The real
advantage for you is that if you are looking for a specific
investment type (or even location) and there are others that
share your interest, we can then really help these groups find
the types of projects meeting their needs. We believe this will
be a tremendous benefit to not only investors but developers as
well.
So we hope you will join us this month as we really outline the
steps for you to achieve your real estate investing goals,
regardless of market conditions.
About the author:
Dr. Chris Anderson is the founder of
http://www.GetPreconstructionDeals.com and is referenced in many
venues including the New York Times and USA Today. Get his
weekly, thought provoking articles by signing up today!
Warning: file(http://www.searchfeed.com/rd/feed/TextFeed.jsp?trackID=&pID=60557&cat=maine+real+estate&nl=5&page=1&excID=) [function.file]: failed to open stream: HTTP request failed! HTTP/1.1 404 Not Found
in /home/jts066s/public_html/online-real-estate-guide/datas/searchfeed.php on line 8
Maine Real Estate Specific links
Maine Real Estate News
Maine's real-estate industry slowly recovering
The Portland area’s vacancy rate, which had peaked at nearly 11 percent in 2009, is falling. The rate last year was just above 6 percent, according to local experts.
Read more...Gov to speak at Maine real estate conference
Gov. Paul LePage is delivering the welcoming remarks as more than 500 real estate professionals gather for an annual real estate conference in Portland.
Read more...Maine's real estate market making slow recovery
Speakers at a conference for more than 600 Maine real estate professionals say the state's real estate industry is slowly recovering from the recession and showing some bright spots, but will continue to face challenges this year.
Read more...Outlook for Maine real estate brighter
Experts predict slow gains in 2012 in the retail sector and office market, but housing is a mixed bag.
Read more...Maine's real estate market is making a slow recovery
PORTLAND, Maine (AP) — Speakers at a conference for more than 600 Maine real estate professionals said the state's real estate industry is slowly recovering from the recession and showing some bright spots, but will continue to face challenges this...
Read more...Commission: Landlord didn't stop gay harassment
The Maine Human Rights Commission has ruled that a real estate management company did not do enough to stop the harassment of a gay couple living in a Waldoboro apartment complex it owned.
Read more...Windham tops for retail rates
Windham’s economic development director, Tom Bartell, right, and commercial broker Larry Eliason man a booth promoting Windham to the 500 attendees of last Thursday’s Maine Real Estate & Development Association’s annual Forecast Conference and Member Showcase, held at Southern Maine Community College in South Portland.
Read more...