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A Cure for First-house-itis

By Bill Edwards As a Realtor at Lifestyles Unlimited®, I continually see signs of a sometimes paralyzing affliction I call firsthouseitis. Those afflicted exhibit symptoms such as poring over MLS listings for days or even weeks, and analyzing every foreclosed property in the six-county area surrounding Houston. Firsthouseits The most blatant symptom, however, is the … read more

Dibs!: Understanding Right of First Refusal

A Reprint from the July 2009 edition of Tierra Grande, a publication of The Real Estate Center at Texas A&M University July 2009 Publication By Judon Fambrough “When you get ready to sell, give me a call.” Ever heard that from a potential buyer? If the buyer is serious, he or she should be asking, … read more

How to Cultivate a Team of 20 Agents To Locate Real Estate Deals

Even though good deals occur everyday, you might have a hard time getting your hands on one if you don’t keep two important points in mind. First, you must be actively pursuing them at all times. Second, you must be able to qualify the prospect properties quickly and accurately or your time will be wasted … read more

Robert Hammond’s 36th Property of 74: Video Case Study

Real estate investor and Lifestyles Unlimited® member Robert Hammond bought an amazing 74 houses in less than two years! He bought 10 houses on his own, and bought the rest through partnerships. He takes us on a tour of his 36th property: a 3 bedroom, 2 bath, 2 car garage home in Houston. All in … read more

Using Your People Skills to Operate Real Estate Will Carry You Far!

Written by Kelli Guyton In my eighteen years of property management – I have surmised one thing: Real estate really boils down to being a people business. I always advise new property owners that their new business is the business of providing homes to the community. If you don’t think that’s a personal proposition – … read more

Who is In Control of Your Money?

By Alfonso Munoz, Mentor in the Houston Office I would like to ask you to consider a question that is very serious to your financial well being, both now and in the years to come: Who is in control of your money? It sounds like a simple enough question, right? But that simple question is … read more

The Path of Least Resistance

As the newest Financial Freedom Program mentor here at the Lifestyles Unlimited® office in Houston I have noticed a few common threads and patterns in the behavior and mindset of new real estate investors and those who want to try investing for the first time. Common Threads Fear. The first of those common threads is … read more

Do’s and Don’ts of Real Estate Investing

Do’s DO treat investing like a business. Adequate insurance, bookkeeping and liability protection are a must. DO stick with deals that have a 15% return on investment or higher. DO stick with homes priced in the low median price range. DO start with 3-2-2 single family homes. DO specialize in properties in one part of … read more

Principles of Basic Property Negotiation

What is Negotiation? There isn’t a quality business that is just about its product or service. It’s real value is how that product or service can improve upon the lives of the people who use it. But even a business with a product that can immensely enrich its customer’s lives cannot survive unless it communicates … read more

The Timeless Principles of Wealth

An Excerpt from the Lifestyles Unlimited® Real Estate Investor Manual Whether you look at the immense world of our solar system or the microscopic world of atoms you will find certain principles always hold true. In fact, the entire physical world as we know it is controlled by these irrefutable principles. Even though we can’t … read more