The Carnival of Real Estate Investing at EquityScout.comBy
I’m a fan of Blog Carnivals and we’re happy to be hosting this week’s Carinval of Real Estate Investing here at EquityScout.com.
No snappy theme this week – we’re gonna keep it simple with a top three and a couple of honorable mention posts. Check ‘em out.
Taking poll position, The Landlord channels Real Estate Investing’s favorite curmudgeon John T. Reed in 4 lies that the Gurus will tell you posted at Lording the Land. These are points that you can’t hear too often.
Running a close second, Steve Faber discusses an alternate way of investing in real estate with- REITs – A good Investment for Tishman Speyer Properties, But Is a REIT Right for You?
Rounding out the trio, The Dough Roller presents The 1% Solution to Real Estate Investing posted at The Dough Roller, saying, The 1% rule is a rule-of-thumb that has fallen out of favor in many markets as property prices have outraced rental rates – but it’s a good screening tool – if you stray too far then you’re more of a speculator than an investor.
Congratulations to the top three! Some other notable entries follow…
Bryce Beattie presents Seven Habits of Highly-Successful Real Estate Investors. posted at Middle Class Millionaires. I’m not sure I agree with Bryce’s habit #1, avoid overleveraging to reduce negative cashflow. In some markets good investors can find quality investments that will produce positive cashflow even with 100% financing.
Edithyeung presents How To Build a Strong Real Estate Team posted at Stewart Hsu. This post makes some good points but this approach is significantly more complicated than my own; my "real estate team" consistes of a couple of people.
WBL presents Protect Your Wealth and Privacy From Lawsuits posted at Wealth Building Lessons. WBL opens with "the odds of every US resident being sued is 100% every 16.5 years" which isn’t true, but it is true that lawsuits are a risk that investors need to be mindful of. WBL includes some helpful hints but I think they miss one: ensure that dealings with stakeholders (the community, tenants, neighbors) are transparent and ethical.
That’s it for this week. Submit your blog article to the next edition of carnival of real estate investing using the carnival submission form. Past posts and future hosts can be found on our blog carnival index page.