Baltimore Real Estate Investing Blog

Ned Carey’s Comments on Real Estate Investing, Business and Finance

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Entries Tagged as 'Beginner'

How do I Make Money in Real Estate?

November 5th, 2008 · 11 Comments

I recommend if you are serious about real estate you should go to your local Real Estate Investor Association (REIA). It is a great place to network and meet successful investors. You only have to go to a handful of meetings however, before you are pulled in six different directions, because each month the speaker has [...]

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Tags: Beginner · real estate

Where Do I Start?

September 12th, 2008 · 4 Comments

This is a common question. Real estate is such a big field and there is so much to know. It can be confusing. Below is a guide to help. It’s not designed to answer all your questions but it should help you decide what you need to learn and in what order. Decide what you [...]

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Tags: Beginner · real estate

Is it an investment or a job?

August 26th, 2008 · 10 Comments

I often tell people I am a full time real estate investor. The reality is that is a lie. There is no such thing as a full time real estate investor. You see, “full time” implies you are doing work. Investing implies your money is working for you. Working is not investing. Since this is [...]

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Tags: Beginner · Landlording · real estate

What Should Be In Your Library?

August 23rd, 2008 · 9 Comments

Motivational speaker Jim Rohn says “Rich people have large libraries, poor people have large TVs.” Reading is one of the best ways of improving oneself and your real estate knowledge. On the various real estate forums I go to, a common question is “What are the best real estate books?” One of my goals for [...]

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Tags: Beginner · Books · Business and Finance · real estate

How Do You Value Properties

June 18th, 2008 · 2 Comments

I found a very good article about what affects property values. Joe Manausa of the Tallahassee Real Estate Blog wrote a great post called How Home Values Are Determined. While this is aimed at sellers it has value for investors too. In today’s market you are likely to run into sellers that are just unrealistic about what their [...]

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Tags: Beginner · real estate

FHA rolls back financing rules.

June 15th, 2008 · 3 Comments

Inman news is reporting that FHA has temporarily removed the 90 day seasoning requirement for properties that they finance. I agree with the article, this won’t really help the backlog of foreclosed homes. Of course I didn’t think the original rule did much to address the real issue with “Flipping”. Seasoning requirements are a real [...]

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Tags: Beginner · real estate

Ignorance of the Law Is No Excuse!

June 2nd, 2008 · 1 Comment

You’ve heard that saying before. Sadly many small business people don’t know much about the laws they are expected to obey. If you want to learn more about the laws that apply to Real Estate Investing, I will be teaching a class at the Mid Atlantic Real Estate Investors Association. Local Regulations and Ethics, it [...]

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Tags: Beginner · real estate

Can I Really Invest in Real Estate Without Money?

April 2nd, 2008 · 13 Comments

Can you do this business without money? Many late night TV gurus and seminar instructors seem to pitch this angle of real estate. In fact there are many people who have been deeply in debt or even homeless that have had success in real estate investing. But is this realistic? These people are the rare exception. [...]

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Tags: Beginner · real estate