Tom Cafarella (Cameron Real Estate Group)

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Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I would ask Joe Pryor - he's our resident investor expert!

May 29, 2017 07:47 PM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  Hi, Tom

    Real Estate Investing includes much more than "Fix and Flip", as I am sure you know.

     As to the question about F and F, I would ask:

      "How much capital (money) do you have to work with?" 

       Followed by,

      "What experience do you have in construction, remodeling, repair - that is, the actual work that goes into restoring a house, not just putting lipstick on a pig?"

May 29, 2017 06:54 PM
Rainmaker
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Kasey & John Boles
Jon Gosche Real Estate, LLC - BoiseMeridianRealEstate.com - Boise, ID
Boise & Meridian, ID Ada/Canyon/Gem/Boise Counties

Providing an investment sheet and calculation on how to figure ROI. What is the cost of the property?  What are the holding costs?  What are the repairs going to be (and how are you going to figure this out)?  What is the end result going to be worth?  What are the selling costs going to be? There are a lot of variables that newbies, even if they are licensed agents, have no idea about cost/investment/risk-wise.  Helping navigate that is a good start.  Why are you targeting real estate agents in particular instead of just anybody? -Kasey

May 29, 2017 06:54 PM
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

This is just spam. We have courses from qualified real people.

May 29, 2017 05:57 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

I don't really have a question.

Been investing it all types of real estate over the past 25 years or so and doing well with most of them.

But I have seen plenty of others who have failed miserably, most people ....

  • Don't understand how to use a spreadsheet.
  • Don't understand the concept of "you cant make a silk purse out of a sows ear".
  • and many other principles
May 29, 2017 10:03 PM
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Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Tom Cafarella - I'd say, plan your strategy before you invest. Is it short term? Long Term? Fixed Upper? Or something else?

May 29, 2017 09:45 PM
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Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tom,

In our commercial real estate practice we worked with several investors/developers.  I think that beyond ROI , what should also be thaught is IRR (Internal Rate of Return).  The advice should also caution would be investors to review the investment with their CPA's and understand how vesting and tax ramifications can impact one's finances.  The investors we worked with always reviewed the numbers with their financial advisors.  A

May 29, 2017 09:32 PM
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

Are you resourceful and smart enough to do it?

May 29, 2017 06:12 PM
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Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

I have to agree with Joe Pryor 

May 29, 2017 06:03 PM
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Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

They can get many of their questions answered, by listening to your interview on our Podcast! Welcome to ActiveRain Tom!

 

May 30, 2017 07:32 AM
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Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Rate of return & risk. I want upside & downside conservatively shown

May 30, 2017 06:46 AM
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Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I'm good with basic questions since I ve been working with quite few investors. 

May 29, 2017 09:37 PM
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Christine Kankowski North SD and Temecula
House Match Inc - Poway, CA
Excellent Sales and Property Management

How to find the deals before they get to the MLS.  This is where a good chunk of equity comes in,a nd where you can make the bigger dollars.

Also, how to assess how much risk there is in a property? - checking liens at the recorders office, auction properties at the courthouse steps, how to also get a commission on the short sale deals, and where to get access to short term funds for purcahse and rehab costs. 

May 29, 2017 08:46 PM
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Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

How do you go about finding the funding to compete with other cash investors?

May 29, 2017 08:23 PM
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Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Show me your wallet I will show you candidates.  Want to pay pennies on the dollar I am not interested.

May 29, 2017 07:02 PM
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Valeria Mola
SIB Realty - Miami, Sunny Isles Beach - Sunny Isles Beach, FL
305-607-0709 SIB Realty Condos for Sale and Rent

Great answers to your question!

Jul 06, 2019 01:12 PM
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TABITHA FOSTER
Gary Mack Real Estate - Cloudcroft, NM
Real Estate Agents serving Sounthern New Mexico!

What is the best and most efficent want to market and advertise your firm?

May 30, 2017 01:13 PM
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Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Debe Maxwell, CRS nailed this one!

May 30, 2017 10:31 AM
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Harry F. D'Elia III
RentVest - Phoenix, AZ
Investor , Mentor, GRI, Radio, CIPS, REOs, ABR

just do it

May 30, 2017 09:41 AM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Been around flipping for a LOOOOONG time.  No questions come to mind.

May 30, 2017 09:30 AM
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Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

I have customers who flip and those that hold their properties. The latter are considered investors to me. Since flippers are taking on a riskier proposition I always need to know the expected sale price when all work is completed. Therefore my question is "Can I support my needed valuation prior to undertaking this project?" 

May 30, 2017 08:04 AM
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Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West - Carlsbad, CA
Presence, Persistence & Perseverance

Do I have money that I can afford to lose?

May 30, 2017 07:58 AM
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Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

I've been an investor for years - my #1 question in the beginning was - can I rent it!

May 30, 2017 06:17 AM
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Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

I could write all day about fix and flips.... that's a topic that demands more than a simple answer... many factors are involved .....

May 30, 2017 06:11 AM
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Tom Cafarella What is the ROI?

May 30, 2017 06:09 AM
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Do they have the patience and monetary reserves to survive the process? 

May 30, 2017 06:00 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

How much does the instructor really know about what they are teaching others to do?

May 30, 2017 05:42 AM
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Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I don't have a question.  If I were interested in doing this, I know most of what I need to do.

May 30, 2017 05:24 AM
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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Just cause they are licensed, doe snot make them experienced in investing. To buy, fix and sell requires money, knowledge, experience, patience and the ability to estimate repair cost and finsih value before buying. It is not for those without a good savings to fix those unexpected items. 

May 30, 2017 05:18 AM
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Richard Weeks
Dallas, TX
REALTOR®, Broker

How to calculate the ARV.

May 30, 2017 05:09 AM
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Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

'I want to use YOUR money. OK?"

May 30, 2017 05:03 AM
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Never had any interest in becoming a real estate investor, so I have no questions I need answered. 

May 30, 2017 03:29 AM