Following in Your Parent’s Footsteps

Posted by: Carleton Sheets in Success, Make Money in Real Estate, Investing in real estate on Aug 20, 2008.

A number of my students grew up with parents who had rental properties. And they have told me that, in their early years, they had to help dad (or mom) with small maintenance and repair jobs like cutting the grass, cleaning, or fixing a leaky faucet---when they would rather have been out with friends playing baseball, or at the movies, or doing just about anything else.

However, I have never

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Giving Back---By Visiting My Forum

Posted by: Carleton Sheets in Success, Real Estate Education, Professional Education Institute, Make Money in Real Estate, Investing in real estate, Education for Real Estate on Jul 23, 2008.

I have been getting a lot of feedback that the information on my website is contributing to your success as real estate investors---which is really exciting!

Many emails have included questions about specifics of deals that you are doing. That's great; however, although every effort is made to answer your queries as soon as possible, I encourage you to also post your questions on the

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FHA Waiving 90-Day Waiting Period

Posted by: Carleton Sheets in Resale, Rehab, Make Money in Real Estate, Flip, FHA on Jun 18, 2008.

I recently came across a headline that stated that the FHA (Federal Housing Authority) was waiving its 90-day waiting period for resales financed by FHA loans for one full year. Enacted in 2003, this 90-day "seasoning" period was introduced to prevent predatory lending practices and fraudulent flips ("overnight" flips, with dramatically higher sales prices).

However, in the current market,

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Who is Making Money?

Posted by: Carleton Sheets in Sale on Real Estate, Make Money in Real Estate, landlord, Creative Financing Techniques, Continuing Education on May 18, 2008.

I was having an interesting discussion about the real estate market with a friend of mine yesterday when he asked me, "Carleton, who's making money in this market?"

"Well," I replied, "investors. The ones who own rental property--landlords."

As I thought about our conversation later that evening, I realized it's the investors who make the money because they know their markets and are able to

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Always Keep an Open Mind

Posted by: Carleton Sheets in Real Estate Investments, Make Money in Real Estate on Mar 19, 2008.

In all aspects of your life, it's important to be open to new possibilities. In order to move to the next level-whether in your personal life or your career-it's essential to move beyond your preconceived notions and to consider new ideas and new solutions to old problems.

For the investor, that could translate into any number of new ways to make money in real estate.
With any

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