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wbhall
@wbhall
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2017-09-29 07:17
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wbhall
realestate
9y
Past Experience: Placing Real Estate Investment Capital
Where to invest the heaviest all depends on your personal situation at the time, and what your end goal will be. If you are just into your first deal, you want to take a lighter investment that doesn’t
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wbhall
realestate
9y
Structuring Your Funds
Knowing what I know now, I would have my personal account of which I would pay myself out of the company net revenue. There has to be a company account to receive and dispense funds. After that, then I
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wbhall
business
9y
Assembling Your Team Pt. 1
I hear a lot of people throw around the phrase “my team”, but have you really thought about who’s on your team? Did you choose them because of how they look or what they can do? It’s easy to look good,
wbhall
realestate
9y
Sample Real Estate Investment Strategies
“There are only five notes in the musical scale, but their variations are so many that they cannot all be heard. There are only five basic colors, but their variations are so many that they cannot all
wbhall
realestate
9y
Property Upgrading: Order of Operations
You can do things however you want to do them, it’s your project, but this is what worked for me. First move is to remove any trash or junk to the backyard. Move clutter to the backyard to start establishing
wbhall
realestate
9y
The Finish Carpenter Is Your Best Friend
You will learn quickly that a good, creative finish carpenter is your best friend. When all the other tradespeople do their job, sometimes walls and/or floors are left unsightly. The finish carpenter is
wbhall
realestate
9y
Mistakes and How to Correct Them
Physical mistake: See “The Finish Carpenter Is Your Best Friend”. A good finish carpenter specializes in making mistakes look like they were supposed to be there. Money mistake: Don’t throw good money
wbhall
business
9y
Do Interest Rates Really Matter To An Investor?
I hear a lot of people making a big deal about interest rates when it comes to borrowing money for a project. Personally, I would not spend much time worrying about interest rates, especially in a property
wbhall
business
9y
Useful College Courses for Real Estate and Entrepreneurship
I built my base of knowledge on a few different sources. First of all, I was fortunate enough that my grandfather was a window manufacturer, but his background was general contracting, and I spent a lot
wbhall
business
9y
Identify a Purpose First
Before you dive in to the deep end, you need to sit down either alone with yourself, or with your spouse if you are married, and truly identify what is it that you want to get out of getting into investing?
wbhall
life
9y
Don't Be Afraid to Ask Questions
Ask questions to anyone in the real estate business (or any business for that matter), but evaluate the answers they give you against common sense. Ask them to make logical sense out of their answer, but
wbhall
business
9y
Sports Approaches to Business Strategies
I like to relate my overall strategy to what the most successful football coaches do. Yes, every so often a “high-wire act” comes along and dominates football for a time (80’s 49’ers, ’96 Minnesota Vikings,
wbhall
business
9y
A Gentle Reminder About Asset Protection
A number of things need to be secured, especially in this day and age. Physically, you want your properties secured; a known vacant house is a prime target for being burglarized and vandalized. Vacant
wbhall
life
9y
Things I Could've Done Better For Myself in Business
Basically, this is the hindsight section, so that others may learn from my mistakes. Had I known things would turn out the way they did the first time I went into business for myself, I could have done
wbhall
life
9y
Make Friends In the Community You Work In
When coming to do real estate work in a new neighborhood, you need to be aware of your surroundings, especially the type of people you will be dealing with. This was one thing I did especially well, anywhere
wbhall
business
9y
How To Get Around Gatekeepers
First, you have to be able to identify who are the gatekeepers, and who are the people truly in charge, the decision makers. The gatekeepers (GK’s) are people who the powers that be (from here on identified
wbhall
business
9y
People You NEED to Know When Taking On a Real Estate Project
The types of people you need to have on speed dial when taking on a real estate project: Contractors: Nothing on the ground moves without a good contractor. Do I really need to explain this? Lawyer: always
wbhall
business
9y
Value of Time
Time is your most precious resource. One of my coaches always stressed the idea you can at least be doing two things at a time to get better at your craft. Even walking around campus, we had to be squeezing
wbhall
business
9y
Presenting Proposals: Mindset When Seeking Capital
When you go to present a proposal concerning a real estate project (or any sort of project for that matter), you definitely want to be organized down to the most minute detail. At the same time, don’t
wbhall
business
9y
Pros and Cons of Being Hands On With a Building Project
I am a big fan on being hands-on with your projects for several reasons. One, it’s a sign of good leadership when you throw on your jeans, sweatshirt & boots and get out in the mud and grime with your
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