Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

The after repair value (ARV) of an investment property is one of the most important numbers to calculate before a purchase. The ARV is the potential value of a flip or rental property after certain repairs have been done. Discovering ...

Real estate investing is a business. Unlike investing in stocks, even a passive real estate portfolio requires a small degree of entrepreneurship and business systems. But the business style I recommend, especially for part-time real estate investors, is one that’s ...

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Old-school teacher Earl Nightingale explains in his classic audio course “Lead the Field” that the essence of making more money works like this: “Money can’t be sought directly. Money, like happiness is an effect, and the result of a cause. ...

I like shortcuts to help screen potential deals in a short period of time. Shortcuts don’t replace more detailed final analysis before a purchase, but they do help you view many leads before finding one that actually has potential. One ...

“Every morning in Africa, a gazelle wakes up. It knows it must run faster than the fastest lion, or it will be killed. Every morning, a lion wakes up. It knows it must outrun the slowest gazelle, or it will ...

The profession of sales has a bad reputation. Consider the stereotypes: *Slick used-car salesmen. *Get-rich-quick gurus with fancy houses and cars. *Multi-level marketing recruiters with the next best thing. *Time-share sales person who sticks to you like chewing gum on ...

The concept I’m about to share with you is the most important number in investment real estate.  Understanding it before you buy properties will determine whether your rental property produces cash flow or not. This important concept is called the ...

Have you ever been frustrated by not finding enough good real estate deals? Maybe you’ve tried everything. You’ve followed the MLS daily. You’ve sent out direct mail. You’ve made your business card. You’ve built a network of referral sources. Why ...

Most real estate transactions today involve bank or institutional financing.  But it wasn’t always that way. Long before bank loans and conventional mortgages, there was seller financing. Seller financing is just a transaction where a buyer purchases a property and ...

Remember when you were a kid and your parents said, “Don’t go out walking alone. Be sure to bring a buddy!” That was good parental advice to keep you safe and secure. I am going to give you the same ...