Archive for category: Lessons learned

When is a Mortgage Commitment not a commitment?

When is a Mortgage Commitment not a commitment?

In the last ten years we have bought a lot of real estate, which means that we have dealt with multiple lenders. We’ve learned all sorts of lessons about pretty much every aspect of real estate investing but the one thing we figured we had down pat was the process […]

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Curb appeal and location: Why they matter

Curb appeal and location: Why they matter

When I first began to invest in real estate, I found a triplex that had been converted from a single family residence. The individual units were painted with at least six different paint colours. Think fluorescent, cheap and nasty!

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Another Big Lesson: Keep emotions out of Real Estate

Another Big Lesson: Keep emotions out of Real Estate

In late 2006, when one of my three-bedroom units became available, I received an application from a single mom with two young children. She had terrible credit, questionable references and a history of moving from place to place. She also spun a good tale about how she was working hard […]

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Big Lessons Learned in Real Estate

Big Lessons Learned in Real Estate

Any time you get a bunch of real estate investors in one room you end up hearing their stories. If you have been around for a while and have done more than a few deals then you probably have a story, or several, to share. We are no exception.

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