A New Year Brings New Opportunities for Investment

Hopefully, 2016 was an excellent year for you as you planned for the future and continued to explore investment opportunities. Whether or not you decided to invest last year, it is a new year with new opportunities. Let’s take a moment to talk about your plans for 2017. Even if you don’t have any current plans for investing, it doesn’t hurt to spend some time considering your options. As a local private lender, we want to help you with your DC real estate investment needs.

Learning is a key to real estate investment success.

The greatest option you have when it comes to real estate investing is the option to learn. Whether that learning comes from success or failure, within every transaction is the opportunity to hone the craft of investing. Don’t be like other investors who only pay attention to the bottom line. They fail to take into account the wisdom they gain from each investment. This is surprising considering that study after study shows that the ability to learn from your mistakes is the most common factor shared by successful real estate investors.

But mistakes are expensive. As the saying goes, it’s always better to learn from mistakes of others. Alternatively, you can learn from best practices. You have a wealth of opportunities to learn through traditional means. What are they? To start with, it’s our hard money blog. We write monthly articles about something that impacted or could impact our borrowers. You might be a first-time investor with trepidations about making her first offer. However, you are one of many who have experienced it, and we want to share what worked for others. Alternatively, you might be a seasoned investor who had to deal with the solar panel ownership transfer for the first time. We just had two transactions that we’ve funded where the properties had solar panels. One transaction was smooth, and another had all sorts of issues. The good thing is that we’ve learned a lot and have also shared it with you via our blog.

Devise your own system of real estate learning.

Remember, at the heart of investing is the entrepreneurial mindset. That mindset must be fed by constant learning and application of knowledge. New skills, information, and abilities give you a leg up on the completion and can help you learn more from investment victories rather than failures. You must become self-disciplined enough to take charge of your personal “CEU’s” and develop a system of learning that allows your investment strategy to grow positively.

Fortunately, we are here for you, both for your learning needs and your investment needs. Our expertise is not academic. It’s earned by seeing what works and what does not in real life. It informs our risk tolerance and our underwriting guidelines. Our goal is to generate reasonable profit while exposing ourselves to the level of risk we can effectively manage. It’s the same goal as you have as a real estate investor. We are here to guide you through this journey, providing you with the necessary tools and knowledge to make informed decisions.

We stay up on our learning so that we can help you do the same. As a local private mortgage lender, our goal is to help you accomplish incredible investment success in 2017. Contact us today to see how we can help you with all your DC real estate investment needs.