Talking Real Estate Investing with Morgan Nilsen
https://youtu.be/iWazzMw7gow
https://youtu.be/iWazzMw7gow
https://youtu.be/Z7bPaDtKUZk
Real Estate Water Views, is it worth it? It tends to be a lot more expensive to buy properties with water views so I got to thinking. Is it worth…
I have only done these “best of” videos for the last three years. I don’t know why I keep doing my real estate investor videos. Not that many views, not that many comments, but still super fun. I have tried not writing here, not doing videos, etc. But it’s weird not to. Beeing here makes me feel like I have a bit more purpose. I like that. Did you know that I have had this homepage up and running for more than 7 years by now? So.. which of these videos do you like the most? Well, Lars.. I kind of like the first one. and the second one is ok. The third one is growing on me :)
I guess we should. More so in Europe than in America. IKEA looks to be at least 20% more expensive in the USA. Most of its American competitors provide better value. Mirrors, vanities, faucets, cabinets and countertops are really good value in Europe, but gets too expensive here. That’s why I had to return these things:
That said, IKEA is considered more fashionable here. It’s more classy :) If you want to create a more fancy and modern look, IKEA is a great way to do so. That means a real estate investor on IKEA isn’t all bad.
Then there is the whole assembly you self thing. It has both pros and cons. It makes transportation a lot easier. It is also very clever and provides you with everything you need to complete the installation. The competitors don’t. I have bought a ton of stuff from places like Home Depot and every time, I have had to run back and forth three to four times before I had everything I needed to finish the project. That is not the case with IKEA. The only major con of having to assemble everything yourself is the time it takes.
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There has been three returning ingredients to my most successfull deals. Theese three ingredients makes me a lot of money, so I figured I’d tell you about them.
BUY:
Number one. Buy a property :) Most of your money will be made here. In short, you want to buy something comparatively cheap. If you manage to secure a deal under the actual market value, you will most likely always have the option of selling with profit at any given time. This strategy will also help you maximize your potential appreciation. I spent a few months creating a massively useful document about how to find and analyze properties to make the best possible purchase right. If you want to read it, CLICK HERE. (in Swedish).
DEVELOP:
A step often overlooked by most investors and the step I like the best. (more…)
But it is about as bad as it gets. I'll tell you about another one. This one does not revolve around real estate, but still.. Back in 2010 I decided…
First off. They are opening a new terminal for the rich and the famous on LAX in Los Angeles. You pay a few thousand USD to get access to what…
It was pretty much done and I was about to launch it when I got stuck in some calculations. Very funny as the chapter I'm about to release is about…
Like "The Lincoln Lawyer". I liked that book. But I'm not like him. I'm living a more happy go lucky kind of life. I was in the back of a…