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Drone Command Live Qualified tips provider.

Empowering Drone Entrepreneurs

 Gina Eubank conquered a brain tumor, changed careers and now helps motivate others in the drone industry

 Background:

Tell us about yourself and your background.  I am the Chief Operating Officer of the Sky Eye Network, the world’s largest premier network of Professional Drone Entrepreneurs. I also train and support the participants at the 3-Day Drone Command Live Seminars. I am also an award-winning pharmacist with more than two decades of experience helping thousands of people improve their lives. My deep knowledge and understanding has earned me a regular spot on CBS’s Great Day Houston, where I have appeared as an expert guest. I have a passion for helping people overcome adversity and create a life they love living. This comes from my own experience in banishing a debilitating brain tumor I carried for a decade. In 2003, I reset my life, using shifts in diet and a transformation in life vision. I emerged tumor free nine months later. Today, I serve as a life coach, motivational speaker and mentor, supporting men and women as they pursue their dreams on operating a profitable drone business.   

 How did you get started in the drone industry?

My husband aka The Drone Boss has been making money with drones since 1993. He absolutely LOVES Drones and has set a couple world records and loves to compete. I never really saw it as something I would do outside of being a Pharmacist/Integrative Health Expert. My husband and I were talking and I had been in Pharmacy over 20 years and I saw how much fun he was having, how many people he was helping and the tremendous opportunity in the drone industry and I decided to join him. We are having a blast working together and helping people.

Tell us about the SkyEye Network and your role there.

The Ske Eye Network is the world’s largest network of professional drone entrepreneurs. We teach and support on the four pillars of how to run a successful drone business. The first pillar is flying/equipment which encompasses safety, software and hardware etc. Pillar two is on Laws/Rules and Regulations and insurance. Pillar three is business development: knowing which vertical to go into, when and how to expand and how to build a real business that is an asset. Pillar number 4 is specific drone marketing and advertising. You can be the best drone pilot or cinematographer, but if no one knows about you then you simply have a hobby. I am the Chief Operating Officer and I love to support our members with business development.

How did the idea of the Drone Command come about?

As Drone Operation is simplified with technology, more and more people started asking us how to start and run a profitable drone business. So we, launched a beta program with 12 people that had no drone or rc experience, no photography experience and no successful business experience (could not net over $40K annually). The goal was to teach the beta group the four pillars and to have them earn 6 figures in 12 months. All beta members were at 6 figures in 12 months or less and all were part time except for one who was full time. Drone Command Live was born from the lives that were changed in the beta program and we decided to teach on a much larger scale and have more impact globally. We are currently in 9 countries.

Industry Experience:

What do you like most about being in the UAV industry?  The number one reason is the growth and opportunities this will provide for small businesses and family businesses. This is like starting on ground floor of the computer industry, internet or cell phones. We are truly playing a part in history.

What’s your favorite type of project and why?

Working with small businesses and family businesses to help them develop their businesses and to help more people. This creates more impact on a level in business that is often left out or left behind.

Do you have a success story you would like to share?

We have hundreds but one that stands out is a SkyEye Network Member that we were supporting in building his drone business. His background was living paycheck to paycheck with his beautiful wife and a beautiful little girl. He decided to go for it and trust the SkyEye Network system. He called me up and he had his first big  after 5.5 weeks of attending Drone Command Live for $180,000 for 14 video package. He received $90K in advance and $90K after completion of the project. His wife did not believe him when he told her about the money and he had her log into the bank account. Their lives and subsequent generations will be dramatically impacted by him learning how to start and run a successful drone business. He is 28 years young. He is helping a ton of people and having a blast.

What excites you most about the potential for women in the industry?

You do not have to be a nerd or technical genius to be in the drone business or  to benefit and have impact in this disruptive industry. It is great if a woman loves to fly. Or if she doesn’t fly, no problem! She can simply build her business hiring pilots and staff. Both models can be very successful. Women can, and will have significant impact in this business. Successful relationships are one of the main key components besides the four pillars we teach. Women generally speaking are more relationship oriented. I love teaching the business development part and the importance of relationships internally in the company as well as outside.   

What You’ve Learned:

What has been your most significant “lightbulb” moment since you entered the industry? 

How easy it is for  people with the right tools and guidance to dramatically turn  their lives around because of starting a drone business. They have a purpose driven life, having impact, happy and financially successful, which is great for them, their families, and their communities.

What have you learned you wish you had known when you got started?

You can accomplish way more in a year than you ever thought possible if you simply schedule it. In our first year of Drone Command Live we put on 11 three day live events. The lives we touched and had impact on was so incredibly rewarding and we had a blast. I wish we would have scheduled Drone Command Live earlier and gone for it. It can be easy to stay stuck on working on perfecting the business and delay the start.

Is there a tip you learned you would like to share with other women in the industry?

Do not be afraid to be a woman in this industry. You do not have to be a man to be successful in this industry. Another tip I love is that leaders maximize resources and my dialing finger works great! Another tip I use when a challenge bubbles up, is telling myself this is merely a puzzle and the solution is here. It is my job to support the team in finding the key piece of the puzzle to have it all come together. This way of thinking is extremely rewarding for the entire team, company and our SkyEye Network members.

Connection:

What’s the best way for W&D readers to connect with you? 

Gina Eubank:  601-SkyEye1 Events@skyeyenetwork.com

The Final Word:

Is there anything else you would like to share with the Women and Drones Community?

Don’t put it off and don’t get stuck in paralysis by analysis. We have members of all ages, an 82 year old retired fighter pilot and airline pilot who had given up on life, now wakes up with purpose. He told me for the first time in decades I feel like my life has purpose. We also have a 18 year old young lady  who started her Drone business and has grown her business to the point she has hired 1 employee.  This is a direct quote from the 18 year old: “it is so nice to know I will never have to worry about money in my life.” Those stories just warm my heart and remind me that anything is possible if you are willing to “do the do”, which is my way of saying put in the work.

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Drone Command Live  Denver July 2018 Feedback

There were moments that I had to hold back my tears because I knew I was investing in myself and a great network. See you in the near future! --Carrie Phillips, Yuma, CO

Drone Command Live provides invaluable support for those starting a business from from scratch. --Eric Hollim, Colorado

I would like to say that Drone Command Live looks like and is a great program. I see how it can help people starting their own business. --William Colby, Loveland, CO

Drone Command Live will change your mind about your drone hobby, teach you how you can turn it into a business. --Philip Platt

Drone Command Live totally surpassed my expectations with how structured their format is, and how professional and hospitable the staff is. The Drone Boss and Diego are total brainiacs! This is the whole kit and caboodle! I am TOTALLY STOKED! --Stefano, Denver, CO

Drone Command Live is a fun and exciting way to learn about how drones are beneficial and profitable to the future. --Autumn Douglas, Alpena, MI

I thought I was just going learn how to fly drones. I didn’t know that Drone Command Live would change the course of my life, and kick open the door to to starting a legacy for my family! This weekend, I experienced a paradigm shift for me, personally, and for owning my own business. --Ernest Nelson, Box Elder, SD

SUPER amazing information about drones and marketing! --James Beverly, Colorado

Drone Command Live is extremely helpful! Perfect for answering those questions you have about starting a drone business. --Greg Chandler, Denver, CO

The information and assistance we received about sales and pricing will help us start our business. --Ryan Mose, Kansas City, MO

At lunchtime on the third day of Drone Command Live, I talked to three strangers to see if I could sell this, and two of them setup further meetings. --Dennis Robbins, Byers, CO

Drone Command Live has a ton of relevant information for anyone who wants to run a drone business. --Scott Airmont, Colorado Springs, CO

Drone Command Live is the best conference that I have ever been to and I didn’t feel manipulated. --Daniel Harkins, Denver, CO

I gained a lot of knowledge about drones and learned basic techniques on flying them. I’m hooked! --Usa Calderon, Colorado

I had a great time at Drone Command Live, gained insight to an industry I knew nothing about. It’s time to get going in this market before it’s too late. --Bryan Nutman, Colorado Springs, CO

Drone Command Live opened up my perspective to all the opportunities and adventures there are for owning a drone. --Merelik Marutle, Denver, CO

Amazing, amazing, AMAZING!! -Ricardo Drago Ferree, Drago Fleet, Denver, CO

Damon, Diego and the entire staff are rockstars! This is an amazing and legitimate opportunity for anyone and everyone! --Steve Ferrera, Aerial Perspectives, Minnesota

I can refresh my life with the information I gained. --Rahul Jinwal, Colorado

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DCL Denver 2017 Feedback

This was the most professional conference ever! --Clyde Phillips, Westminster, CO

Drone Command Live has an amazing presentation. --Jose Delgado, Denver, CO

I attended Drone Command Live to get confirmation, and I got it! Catch you in the sky! Yahoo!! --William Morrison, Colorado

Drone Command Live put together a very informative, fun and interesting presentation. I have attended many sales conferences in my sales career and this is, hands down, the BEST! I will be working full time to launch my new drone business. Thank you Drone Command Live! Thank you for sharing your expertise and knowledge to help others have the opportunity to live the life they imagined. You are good people. --Suzanne Morrison, Colorado

Drone Command Live is the most complete business training and support network you will ever find for any business, but especially in the drone industry. I have attended many business training events, and all of them fall short of Drone Command Live. Incredible support for the price. --Alan Williams, Pueblo, CO

I learned more about business than I thought I would. This experience convinced my cousin and I to start our own drone business. --Garrett Omicek, Colorado

I feel more prepared to operate a new business after attending Drone Command Live than my four-year Bachelors degree in business provided me. Also, as a member of the military, the comradery will be incredible. --John Cox, Greeley, CO

Keep on keepin’ on Drone Command Live! I you want to start a drone-based business, Drone Command Live will give you the tools you need to make it great!!! --Michael Schwarts, Colorado Springs, CO

Of all the seminars I’ve attended, Drone Command Live was the most all-around educational and actionable teaching I’ve ever experienced. So awesome! The speakers and staff are so friendly and motivating. --Lynna Kalin, Denver, CO

Thank you Drone Command Live. The sky's the limit! Keep up the great work! --Robert Hoover, Colorado Drone Command Live is a life-changing event that will radically change the way you think about owning a drone and operating a drone business. I will be calling all the people I know that could benefit from the services of my new drone business! --Keema Wilkinson, Colorado

My experience here at Drone Command Live exceeded my expectations. There is much more value for an entrepreneur than I anticipated. --Kenneth Oswald, Longmont, CO

Drone Command Live is a great program. I feel like I have the tools necessary to start a sccessful drone business. Thank You! --Jake Feigum, Fort Worth, TX

The speakers are very clear, knowledgeable and professional. --Steve Downing, Elizabeth, CO (Soon to be in El Dorado, KS)

If you are considering starting a drone business, then Drone Command Live is a MUST! Get here! You will be blown away! --Steve Kolesnik, Lake Tahoe, NV

I opened my business two months ago, but have been unproductive. I felt overwhelmed because I was not sure which step to take next. After attending Drone Command Live, the path is clear as far as I can see. --Taler Mulleneaux, High Resolution Photography, Colorado

I have found my retirement career. --Tim Sheffield, Denver, CO

Drone Command Live is a high-powered, energetic, thought provoking immersion into the drone world. This conference prepared me to take massive action! Kudos to Damon, Gina, Diego and the entire Skyeye team! Thank You! --Stephanie Lanker, Fairplay, CO

You guys ROCK! I have the opportunity to turn my hobby into a profitable business. I am going to apply the techniques I’ve learned at Drone Command Live to start my new business, and I’m going to be a success! --Mike T. Vaughn, Colorado

Drone Command Live is awesome! It was more than I expected...more opportunities, more money, more fun, more personal growth, more changes to help others with a chance at a brighter future. --Dale Leach, Colorado

Your attitude determines your altitude! Drone Command Live elevated my game, and my desire to succeed in the drone industry. --Brian Thompson, Colorado

Great information, very inspiring as well as extremely valuable! Drone Command Live is unlike any other seminar. --James Malocsay, Parker, CO

Drone Command Live has been the best thing I have ever done for myself! You guys have done and amazing job! I’m ready to go kill it!! --Dustin Baker, Colorado

Drone Command Live is the most inspirational seminar ever! I’m ready to take massive action! --Macy Gibson, Denver, CO

Drone Command Live is the best EVER! I will come to another. --Mike Goodwin, Portales, NM

How can you perfect Drone Command Live in the spirit of excellence?!? Well Done! Drone Command Live is an excellent door to success and an outstanding way to equip you with the tools for success. You must do the work! --Fred Stovall, Aurora, CO

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Drone Command Live Great Investment Strategies In Real Estate

Drone Command Live Professional tips provider. Financial professionals would agree that the best way to grow your extra income is with investments. A  particularly profitable choice can be found in real estate investing, if you know how to go about it. Read on for some useful tips on how to get started in the field and grow with it.

Create an LLC if you're positive that you're getting into real estate. This will protect you down the line. There are also great tax benefits concerning the business transactions you make.

Speak with people who share the same vision as you to gain helpful information. Many people are interested in investing in real estate. You can probably find a business group dedicated to real estate investing in your town. If you cannot find such a group locally, there are groups online that serve the same purpose. You need to become networked so that you can learn from those people.

Inspections cost money. However, if there are problems with the property that cannot be seen by the naked eye, you are likely to spend much more money in the long run. Therefore, think of an inspection like an investment and always have one done prior to purchasing a property. It may not uncover anything,

but there is always the chance that there is something seriously wrong with a home.

Do not forget about other costs that come with buying a real estate investment property. You've got legal fees, closing costs, staging costs and a lot more

that can affect your bottom line. When working out your margins be sure to think of all of these costs and add them into your line item list.

Drone Command Live Top service provider. Build a strong team that is going to work with you during the whole process. This means that you will need to

get a realtor, accountant and lawyer that will help safeguard you in case anything goes wrong in the process. These people will also give you great advice while you invest.

When you want to invest in a property, ensure that the rental income will take care of any mortgage. This can ensure you are starting out correctly with your investments. There is little worse than needing to dig into your own pockets for rent that isn't coming from your tenant.

Don't let your emotions cloud your judgement. Choosing a property to invest in should be a business decision, not an emotional one. It can be easy to get attached to a house or really fall in love with a location. Try to always look at things objectively. Shop around for the best deal without getting attached toone of the first few places you look at.

A fixer-upper may be cheap, but think about how much you have to renovate to bring it up in value. If the property only needs cosmetic upgrades, it may be a good investment. However, major structural problems can very costly to fix. In the long-run, it may not give you a good return on your investment.

Drone Command Live Qualified tips provider. Stay away from deals that are too good to be true, especially with investors that you cannot trust or do not have a good reputation. It is important to stick with those who have a good reputation because getting ripped off in this business can cost you a lot of money.

When assessing real estate for investment, be sure to choose properties that will pay you a fair cash value on return. Remember that purchasing a property reduces your liquid assets temporarily. You want to be sure to be able to replenish them quickly and amply. Remember that your cash was earning between 4 and 6 percent interest in the bank. When you invest it, you should seek a greater return.

Are home values increasing where you live? Has there been a lot of vacancies in areas that have a lot of rentals? These are a few questions to ask yourself. If you are flipping, you should buy low, and don't buy a rental property high if you won't be able to have steady tenants.

To make sure you buy a good piece of real estate, find out what similar properties have sold for. This will give you a good idea of whether a property you're considering is worth the price you're about to pay for it. There are public databases about recent sales, or you can ask a real estate agent to help.

Always be prepared to calculate before you make an investment in real estate. Calculate your lending costs, any repairs and updating that may need to be done as well as how long you might be left holding the property. While the selling price may look good, there are numerous other factors to consider before buying.

Learn as much as you can before making your first investment. There are a ton of books available on real estate investing. Plus there are many online (an offline) communities out there where real estate investors share their best practices. The more you learn, the better chance that you won't make any critical errors.

Make sure to keep money saved to pay mortgage when there is a vacancy on your properties. This will keep you more calm and allow you to choose the right renter instead of the first person who comes along.

Drone Command Live Best service provider. Watch how the market is moving. Real estate investing isn't just about the number being presented to you. It's also about how the national market and your community market are trending. If you see a potential dip coming soon, you may want to wait out on making an offer. It could mean tens of thousands of dollars on the total price you pay.

If the area you are looking at seems to have a lot of vacancies or the city seems to be in decline, avoid it. Instead, invest your money in real estate located in stable, well-established, growing cities. In this way you can be sure your investment will continue to grow in value. Real estate located in a depressed

area is bound to cost you money and cause you headaches.

Although it can seem a bit daunting at first, investing in real estate doesn't have to be out of reach. It's a buyer's market at the moment, and allowing some time to pass will let you see great profits. Remember these tips before you begin to invest in real estate.

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Drone Command Live Put Your Worries To Rest, Read This Article All About Real Estate Investing

Drone Command Live Top service provider. Real estate is a very trendy profession. Many people hear about flipping foreclosed homes. There are TV networks that have shows on getting properties and fixing them up to sell them for profit. Still, it's not always simple to get into real estate investing like the media shows it to be. This article will be a big help in the process.

Before investing in real estate in any form, you need to do your research and analyze the market. Look at between 50 and 100 properties in the area you're interested in, and keep a spreadsheet full of notes. You should look at prices, anticipated rents and repair budgets. This will help you figure out what the good investments are in that area.

Do not be afraid to spend money on marketing. It is easy to just focus on the numbers and get fixated on how much marketing is costing you. However, it is important to think of the marketing as an investment in and of itself. If done the right way, it will only benefit you in the end.

If you are comparing industrial or retail properties, consider these two guidelines. First, avoid overpaying for the land. Second, don't pay too much for a business. Consider every aspect of the property's value. If the numbers are good, then it's a good buy.

Drone Command Live Professional tips provider. Make sure you have a budget when you invest in real estate that includes how much you're going to have to pay to fix the home you're buying up. You don't want to blow all of your money on getting real estate just to find out that you can't afford to fix it up.

When you are investing in real estate, make sure not to get emotionally attached. You are strictly trying to turn the most profit possible so try to put all your efforts into the renovation of the home that you purchase and maximizing value in the future. This will help you to make the most profit.

Keep an accountant on speed dial. You can be aware of tax laws and current taxation; however, there are many variables to keep in mind. A good accountant, that understands and keeps abreast of tax laws, can be an invaluable asset. Your success with investing can be made or broken by your approach to taxes.

When deciding to buy a property or not, consider how appealing it will or will not be to prospective tenants. No property is worth your money if you won't be able to sell or rent it, so consider the purchaser's perspective. How soon can you sell? How high will your profits be? These are all things to consider from the buyer's point of view before you buy.

Drone Command Live Best service provider. If you purchase a property and need to make repairs, be wary of any contractors who ask for money in advance. You should not have to pay before the work is done, and if you do, you run the risk of getting ripped off. At the very least, never pay the full amount ahead of time.

Don't forget that you aren't guaranteed to make a profit; property values can fall. Its a dangerous thing to assume when considering a piece of property. The best thing to do is to invest in a property from which you can obtain a positive cash flow right away. Any appreciation in property value is just going to be a benefit to your income.

Be certain the amount of rent you can collect on a rental property will make your mortgage payments. This allows you to feel confident about owning the property. Nothing is worse than having to come up with money out of your pocket for the monthly rent because your renter's monthly payment doesn't cover it.

Think of how quickly the property can be rented when projecting the home's value. You can make a tidy sum each year if you rent your place out. After doing this, the profit that you make when reselling is gravy.

Be very patient when beginning. Your first deal might take longer than planned. There may not be any decent properties available, or you might be finding the terms not to your liking. Don't worry; just bide your time and the perfect situation will arise. That's just wasting your money. Wait until the perfect opportunity comes along.

Do not take the money in your savings to purchase real estate investment properties. Make sure that you always budget to the best of your ability when it comes to your real estate investment property. Make sure daily life doesn't get negatively affected by this.

If you are thinking of putting money into many different properties, it is important that you find a certain area to invest in. You will save time and money on maintenance and travel this way. You will also have the advantage of becoming very familiar with that precise region.

Drone Command Live Most excellent service provider. Do not immediately buy a property at or near a major road intersection just because of where it sits. While it is true that gas stations excel at making money this way, sometimes other businesses like restaurants suffer. Check a potential property out at various times of day and even throughout the week. Certain traffic patterns might make the place a pain to get in and out of, which might be why it is for sale.

Always consider the market if you are looking to buy property to turn around and resell it. It can be risky to invest in a market that is flooded with available properties. You don't want to be stuck with something that you have to sell at little or no profit. Understand that you may have to wait to get the best price so make sure you can do that.

While reality shows make it seem easy, there is really a science to it. Stick with the facts, and apply the tips you have learned in this article. Stay level-headed and smart to make money investing in real estate properly.

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Drone Command Live Finding Success With Real Estate Investments: Tips And Tricks

Drone Command Live Best service provider. Investing in real estate is a great way for a lot of people to earn extra money. Some people do it as their career, while others like to do it as a hobby. No matter the reason why you want to invest in real estate, there are great tips that anyone can use in the following article. Keep reading below to better your knowledge about real estate investing.

Remember that real estate investing is all about the numbers. When you're buying a home to live in, you may get emotional about the place, but there's no room for that in investing. You need to keep your eye on the data and make your decisions with your head, not your heart.

Do not be afraid to spend money on marketing. It is easy to just focus on the numbers and get fixated on how much marketing is costing you. However, it is important to think of the marketing as an investment in and of itself. If done the right way, it will only benefit you in the end.

Inspections cost money. However, if there are problems with the property that cannot be seen by the naked eye, you are likely to spend much more money in the long run. Therefore, think of an inspection like an investment and always have one done prior to purchasing a property. It may not uncover anything, but there is always the chance that there is something seriously wrong with a home.

When you invest in real estate, you may want to make sure you're in an area that you really can live in. You don't want to get real estate just to find out that you don't like the area because then you're going to have to own that property and won't get much use out of it until you can sell it.

Drone Command Live Most excellent service provider. Build your real estate investment buyers list with online ads. For example, you could use social media, online ad sites such as CraigsList and/or the local newspaper to draw attention to the properties you have on offer. Be sure to retain contact information for every person who shows and interest so you will have a well-rounded contact list as you accrue new properties.

When considering what real estate to purchase, the word "location" should come to mind. However, many people forget to think about all the concerns that are factored into "location." Find out all the information you can about the neighborhood, such as surrounding home values, crime rates, schools, employment and more.

Make sure that any property you invest in will return your money to you, plus some. If you invest in any property that only returns your original investment, you've lost time. In order to make a profit on the property you may have to renovate it.

Property management companies are often a good investment. It will be well worth your money. They take care of checking out possible tenants and they also make arrangements for necessary repairs. That will give you more time to look for additional investment opportunities.

It's a good idea to diversify your real estate portfolio by branching out to other cities, states and even internationally, but your real money making is around your community. You will likely get some great deals in your area, and of course this is where you have the most knowledge and the easiest access. You should at least start there.

Location can make a huge difference in the earnings potential of a property. A bad house in a good neighborhood is almost always a better investment than a good house in a bad neighborhood. Think hard about location, and never fail to consider the potential that exists.

Buy local properties. Your familiarity with the area minimizes the unknowns that you might face otherwise. You will be able to know what is going on at your rental property if you live nearby. The only way you have any control over your investment is if you are near enough to manage it yourself.

Think about expanding your vision to include business property investments rather than just residential rental homes. You can make a large amount of money from clients who establish their businesses in your center. Think outside the box and see what is available!

Make sure that you follow all of the real estate laws. Legal stipulations vary between towns, so you should know this ahead of time. Get in contact with officials to make sure you're completely aware of anything you might need to know before making an investment.

Drone Command Live Professional tips provider. Are property values rising where you live? Are there a lot of rental properties that are vacant? Consider your ultimate goal for a property when you are looking at it. You want to make sure there is a demand for rentals in the area in which you buy.

Before you buy a property that you wish to rent out, find out how much other properties in the area rent for. One way to ensure your property is rented out quickly is to ensure that your rent is not much higher than others nearby. You'll have to cover carrying costs much longer if no one wants to rent your property because it's overpriced.

Drone Command Live Top service provider. Real estate is one of those things where it helps to have a network of people who are your "go to" people. You should know someone who can give you a quick appraisal of a structures, whether they have deep flaws under a pretty facade of paint or have other faults that could end up costing you in the end.

Think about purchasing in locales with lots of foreclosures if you are able to keep hold of properties for a fair amount of time before you need to sell. Such areas are sure to experience a resurgence, and anyone who bought low will make large profits. Remember, however, that it may take a while to realize your gain.

You now see how simple it is to be good at real estate investing when you are prepared and understand how the market works. Not everyone can succeed and make money with real estate, but you better your chances for success after studying the tips that were presented here. Go back over them until you understand it all completely, then go out and make money with real estate!

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Drone Command Live Tried And True Real Estate Investing Tips

Drone Command Live Professional tips provider. If you wish to become a real estate investor, you definitely want to get started properly. A lot of individuals over many years have seen and harnessed the potential of investing in real estate. A few tips follow below to assist you in your real estate investment goals.

Before you begin investing, take stock of the market and do your research on properties. Look at between fifty and a hundred properties in the area of interest. Compare them using good note taking and a spread sheet. Know things such as current prices, cost of repairs and what you can expect to get in rent. You can use this information to figure out which investments would be good and which ones would not.

Make sure that you create a game plan for what you desire to accomplish. Figure out how much time the process will take and if it will be worth your while. When you have developed a plan, meet with the necessary parties to discuss the deal that you want to achieve.

Make sure that you set realistic goals based on the budget that you have. You should not set a goal to buy ten houses in the span of a month if you only have a hundred thousand dollars to your name. Set reasonable expectations to avoid setbacks at all costs.

Drone Command Live Top service provider. Do not burnout when you are getting into real estate investing. If you experience some success in the beginning, do not become obsessed with real estate. If you spend all of your time with this business, you will alienate your friends and family and burnout, which can cost a lot of money.

Get an understanding of tax laws and recent changes. Tax laws are updated and amended regularly which means it is up to you to keep up with them. Sometimes the tax situation on a property can really up the hassle. When it seems to be getting to thick to manage, consider a tax advisor.

Don't buy steeply discounted real estate. You want to look at factors, such as if other homes are selling in the area quickly or not. Think more in terms of prime real estate so that you can nurture your investment.

Don't just go with the very first piece of property you come across when you're looking for real estate to put your money into. A lot of the time you will find that there are better deals if you look hard for them. You don't want to end up with something only to find a better deal after spending all your money on something else.

Never go into an investment with the all-in mentality as you will need a financial cushion in the bank when things go awry. Understand that when you invest in real estate, your money may not be readily available. This is a state of affairs that could go on for a number of years. Make sure that it does not have a negative impact on your everyday life.

Drone Command Live Qualified tips provider. The best real estate investment you can make is purchasing and renting out one bedroom condos. Most people that are in the market for a rental property are single may they be young singles, divorced middle-agers or older widowed people. It is not only the easiest property to rent, but also the simplest to manage.

Avoid investing if you do not have cash in reserve. These funds can be used to pay any expenses involved with owning a rental property. Reserving cash can also help you if you're unable to rent property immediately. You still need to think about the costs of property even if nobody is living there.

Never leverage yourself out completely when trying to get that next real estate deal underway. Make wise business decisions to save cash in your portfolio for surprise expenses. If you don't think about these things, it could have devastating consequences.

Remember that both gains and losses are inevitable when you invest in real estate. It's essential you don't let the lows determine your fate. As long as you are persistent, you should find success. Continue trying and learning and you will make money.

Be sure to familiarize yourself with local rules and regulations before investing. The legal stipulations vary from area to area so be sure to stay on top of them. Contact local officials to ensure that you are in compliances with local, state and federal laws.

Make being on time a priority. Other people's time is just as valuable as yours, whether the person in question is another investor, a contractor or an agent. If you respect their time, they will often respect you as a person and a business associate. As a result, you could create lasting relationships that benefit your end goals.

If you've got the itch to start real estate investing, take action immediately. Real estate investing is one of those things that people often say they want to do, but never ever give it a shot. If you're serious about it, get serious now, not later. The longer you wait, the more missed opportunities you will have.

Drone Command Live Best service provider. It is important to not overpay for any investment property you purchase. One of the best way to avoid this is to look at other comparable properties in the area and see what they have actually sold for. Not paying more than the market value for the property will go a long way in keeping your real estate investment profitable.

You need to consider the worst case scenario if you were unable to sell a property you were invested in. Could you rent it or re-purpose it, or would it be a drain on your finances? Do you have options for that property so that you can have a back up plan if you can't sell it?

Now that you're done with this article, you can start using what you've learned. Making smart choices regarding real estate investment purchases can make you a great deal of money. With luck, reading this article starts you towards success!

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Drone Command Live This Is The Article For You If You Want To Learn About Real Estate Investing

Drone Command Live Professional tips provider. Real estate investing can mean serious profits or substantial losses. While bubbles do form and crash, it is also true that land is the one commodity not being made anymore. So, the values tend to rise. Still, you need to more than just the old adage about "location, location, location." This article is here to help.

Remember that real estate investing is all about the numbers. When you're buying a home to live in, you may get emotional about the place, but there's no room for that in investing. You need to keep your eye on the data and make your decisions with your head, not your heart.

Get an understanding of tax laws and recent changes. Tax laws are updated and amended regularly which means it is up to you to keep up with them. Sometimes the tax situation on a property can really up the hassle. When it seems to be getting to thick to manage, consider a tax advisor.

Make sure you have a budget when you invest in real estate that includes how much you're going to have to pay to fix the home you're buying up. You don't want to blow all of your money on getting real estate just to find out that you can't afford to fix it up.

When you invest in real estate to rent the property, make sure you're able to get your money back within a reasonable amount of time. If it takes you years to get the money back in rental payments, then it will be hard for you to use the money on anything property related.

Drone Command Live Top service provider. Consider the possible rental income of a home when you project its worth. In the right area, you can earn thousands of dollars a year in rental income. You can then go on to resell the home and make a significantly larger gross profit.

Build your real estate investment buyers list with online ads. For example, you could use social media, online ad sites such as CraigsList and/or the local newspaper to draw attention to the properties you have on offer. Be sure to retain contact information for every person who shows and interest so you will have a well-rounded contact list as you accrue new properties.

When considering what real estate to purchase, the word "location" should come to mind. However, many people forget to think about all the concerns that are factored into "location." Find out all the information you can about the neighborhood, such as surrounding home values, crime rates, schools, employment and more.

Don't let your emotions be your guide in real estate investing. What you want personally certainly plays into home buying for yourself, but not for investing your money. Stick to what can make you money, and that is it. Always compare a property's purchase price versus what you can make from it in terms of rental or fixing up and selling.

Search the market for foreclosures, as these can gross you the most income during your investing. These properties will be listed below the market value of the home, as you can get some great deals to turn a profit with. There will be a bidding war, but if you win you could be sitting on a gold mine.

Drone Command Live Qualified tips provider. Insure all of your properties, even if they are currently vacant. While insurance can get expensive, it will ultimately protect your investment. If something were to go wrong on the land or in a building you own, you will be covered. Also, have a general safety inspection conducted once in a while too, just to be on the safe side.

Never give up! Real estate investing is not a simple thing to jump into. There's a lot to learn, and you should expect quite a few bumps and bruises along the way. But with patience and increased skills from playing the game, you'll become better and better at it.

Make sure that you have of your finances in order so that you can jump on opportunities where time is crucial. You could lose out on the deal of lifetime if you wait until you find a property and THEN try to get loans and financing in order. Having the ability to act quickly often is the difference between a deal of a lifetime and an opportunity lost.

Pay attention to the surrounding houses. When buying a property, make sure to pay attention to the whole neighborhood. How does the house fit in? Are the lawns in the neighborhood all well-maintained. Are any of the homes in bad shape? Make sure you spend some time driving around the neighborhood.

Avoid beginners when looking for the best realtors. After all, you want someone who can help you navigate the maze of buying property. An experienced realtor will know that ins and outs to get you the greatest deals. At the very least, hire an experienced firm.

Have a business account, and stick to using it. If you invest too much of your personal money in a property, you could lose money. This might leave you short on funds to pay your bills or take care of personal needs. Treat this like a business so you don't risk losing it all.

Don't neglect that tax benefits of real estate investment. Set up your real estate investments in appropriate LLC or S-corp legal entities. Do so very early in getting involved in real estate investing. You do this early to maximize your long-term benefits and because the longer you wait the more complicated it gets to do so.

Drone Command Live Best service provider. Certain costs included with real estate investment don't always yield directly traceable and tangible benefits. These include marketing and inspections. Yet, you need to always treat these as investments, because they mean you find possible deals and prevent yourself from getting involved in bad ones that lose you a lot of money.

As mentioned earlier, real estate investment can be risky, given that bubbles can form and pop. It can also be more complicated than just the location of a piece of real estate. Hopefully, the tips and tricks within this article have given you a few good ideas you can use to make money in real estate investment.

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Drone Command Live In Discussion Of Real Estate Investing, This Article Provides The Best Information

Drone Command Live Best service provider. You can make a good deal of money from real estate investing. However, it is also possible to lose money, particularly if you don't do the proper research. The tips included here are a great place to begin. Continue reading if you would like to know more.

Careful not to overextend in terms of buying property. Real estate investing is very exciting, and sometimes it can get the better of you. You may bite off more than you can fiscally chew. Know your numbers and your budgets and stick with them. Even if it seems like an easy flip, don't go past your budget!

Do not neglect to consider the various sunk costs that increase the amount you have to spend on a property. These costs include legal fees, staging costs, closing costs and much, much more. As you determine the bottom lines according to your budget, you must be sure you have incorporated all costs.

Make sure you have a budget when you invest in real estate that includes how much you're going to have to pay to fix the home you're buying up. You don't want to blow all of your money on getting real estate just to find out that you can't afford to fix it up.

Drone Command Live Qualified tips provider. Speak with fellow real estate investors. Find out what tips and tricks they have learned along the way. It can be helpful to have friends that know about investing in real estate. You can find many others through the Internet. Find forums to be active on and find meetings in your area.

Be wary of any prospective tenant who tries to negotiate the rent. While he or she may just be a savvy businessperson, they could also be in a financial bind. Ask a few more questions and be careful about signing a contract with them. You may find yourself constantly fighting to get your monthly payment on time.

Build your real estate investment buyers list with online ads. For example, you could use social media, online ad sites such as CraigsList and/or the local newspaper to draw attention to the properties you have on offer. Be sure to retain contact information for every person who shows and interest so you will have a well-rounded contact list as you accrue new properties.

Be a visionary in your real estate purchases. You can create instant equity where virtually none existed before with a little creativity and hard work. For example, a quick paint job can put a property in prime condition for selling, as can landscaping. A quick fixer-upper can mean a quick and profitable sale!

Many people who are interested in buying and selling real estate join real estate clubs, and you should too! In this venue, you will find a high concentration of people who are interested in the properties you have to offer and/or who have properties on offer that you may really want. This is a great place to network, share your business cards and fliers and promote your business.

Before you buy investment property in a neighborhood, find out if the city has anything planned for the areas surrounding this neighborhood. For example, you would not want to buy in an area if the city proposed to turn an area into landfill. If there are positive improvements on the horizon, this may be a good investment.

Never invest in properties that you can't afford. For rentals, you need to recognize that some may be empty at any given time. If you depend just on your income from rentals to pay the mortgage it's not really that smart to do.

Don't expect to get rich overnight in real estate investment. On the contrary, it may take up to a decade for your investments to really pay off and many new to the business fail to realize this. With some exceptions, you need to be in the position to hold your properties before seeing any major profits.

Be sure to screen your prospective tenants thoroughly. All too often, irresponsible and unreliable tenants do extensive damage to the property and are always behind in rent. Don't just accept anybody - do a credit check. When you exercise due diligence, you will have reliable tenants.

Make being on time a priority. Other people's time is just as valuable as yours, whether the person in question is another investor, a contractor or an agent. If you respect their time, they will often respect you as a person and a business associate. As a result, you could create lasting relationships that benefit your end goals.

Drone Command Live Top service provider. When you are purchasing real estate to use as a rental property, do some research on rents in the neighborhood. The way to rent quickly is to not price yourself out of the neighborhood. You will lose potential tenants by overcharging.

Remember, you should only invest money that you could lose without causing seriously financial pain to your family. This means that going into debt to invest or using equity from your family's current home is not the right solution. Find other sources of income to protect yourself from the worst possible situations.

Always be prepared to calculate before you make an investment in real estate. Calculate your lending costs, any repairs and updating that may need to be done as well as how long you might be left holding the property. While the selling price may look good, there are numerous other factors to consider before buying.

Drone Command Live Professional tips provider. A great way to figure out how worthy it is to invest in a certain neighborhood is to look up vacancies in the area. If there are many properties for rent in the area you are planning to buy property, you will not have luck with the property.

Now that you're done with this article, you know a thing or two about real estate investing. Anyone can find success by finding what works. Learning more will pay off, so always look for great information like what you have read here.

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Drone Command Live Find Success In Your Search For Secrets Regarding Real Estate Investing By Reading This

Drone Command Live Professional tips provider. When real estate investing is something you want to get into, you're going to need a couple of tips first. This is so that you get all you can from this sort of thing. If this interests you, then this article will help you to get started in the right direction.

Do not burnout when you are getting into real estate investing. If you experience some success in the beginning, do not become obsessed with real estate. If you spend all of your time with this business, you will alienate your friends and family and burnout, which can cost a lot of money.

Make sure you have a budget when you invest in real estate that includes how much you're going to have to pay to fix the home you're buying up. You don't want to blow all of your money on getting real estate just to find out that you can't afford to fix it up.

When you invest in real estate to rent the property, make sure you're able to get your money back within a reasonable amount of time. If it takes you years to get the money back in rental payments, then it will be hard for you to use the money on anything property related.

If you purchase a property and need to make repairs, be wary of any contractors who ask for money in advance. You should not have to pay before the work is done, and if you do, you run the risk of getting ripped off. At the very least, never pay the full amount ahead of time.

Drone Command Live Best service provider. Become educated on real estate investing basics before spending money on properties. If you don't use caution, you could lose money. The best thing you can do is give yourself a thorough education on the topic before you spend a cent.

Never invest too much money in the beginning as this can cause a lot of problems down the road. Overextending yourself can lead to problems with your savings plans and prevent you from buying great properties in the near future. Develop the proper budget and follow it to a tee.

Always take a look at an overall community before investing in a specific property. Some neighborhoods are obviously a better value than others. Location is still a major factor in figuring out a property's value, even more than the actual property.

When investing in residential real estate, make sure you know the neighborhood you are buying in. Some neighborhoods offer better resale potential, while others are better for long or short term rentals. By knowing your neighborhood, you can create a smart business plan that nets you the highest potential for future profits.

Many people who are interested in buying and selling real estate join real estate clubs, and you should too! In this venue, you will find a high concentration of people who are interested in the properties you have to offer and/or who have properties on offer that you may really want. This is a great place to network, share your business cards and fliers and promote your business.

Be patient when first starting out. Your first deal out of the gate can be expected to take longer than usual. Be as patient as possible if things do not work out. Don't settle for something that you don't really want. That's using your funds poorly. Wait until a better deal comes along.

Buy local properties. Since you already know the neighborhood, you aren't taking a leap of faith that may not pay off. You don't have to worry about what goes on in your rental property because you live nearby. You've got to be close by to truly manage your property purchase.

Drone Command Live Qualified tips provider. Once you set up an investment plan, get someone else to take a look at it. Even if the person is not an expert in the field, they may be able to point out some things that just are not going to work. An expert, though, can help you adjust your plan to make it more suitable for your needs. They may also be able to talk to you about marketing as well.

When thinking about how much money you can make off a property, make sure you understand what repairs will be required. These repairs will need to be done beforehand. Factor in a maintenance budget if you plan on renting out any piece of property. This extra cash will help you to understand what your profit margins will actually be.

Reputation is important in the investing world. Therefore, always tell the truth and try not to make any enemies. Most importantly, follow through on what you say you are going to do. If you are not sure if you can do something, do not make the claim in the first place. Your reputation could suffer and affect your business as a result.

Be sure to familiarize yourself with local rules and regulations before investing. You should know the laws of your locality before you buy. Contact officials in order to be completely compliant and aware of important information before you lay down any money.

Understand that real estate investing is a commitment. You may have heard a lot about flipping properties quickly for profit, but the reality is you are more likely to make good profits by purchasing carefully and managing the property wisely until property values increase. Purchase a property that will attract solid tenants for steady, ongoing income.

Determine what type of property you want to maintain. You will need to care for the property that you purchase. You have to think about how you will maintain the property in order to sell it later. A house that's one story won't be as hard to work with as a multi-level building, for instance. Make sure your project is appropriately sized for your skills.

Now you shouldn't have any problems with getting into real estate investing. It's a tough market to get into sometimes, but once you get some practice with it you should have no problems. Use the good advice you got above and you should be able to do just fine with this sort of thing.