Dave Dinkel’s Insights

Dave Dinkel’s Insights: Greatest Fears #9

My Greatest Fear #9 – What If My Buyer Doesn’t Close?
At some time in their career every real estate investor will be faced with this situation.  For reasons unknown, your buyer doesn’t return your call before the closing or simply decides he no longer wants to buy it.  If you are lucky, he will […]

Dave Dinkel’s Insights: Greatest Fears #8

My Greatest Fear #8 – I’m Afraid of What I Don’t Know
Even after being in real estate investing for 38 years, I still am learning every day.  Many new investors use the fear of the unknown as an excuse not to get started.  They keep studying and studying with the belief that the more […]

Emergency Insight – HB 87 May Become Law!

Don’t Bet Your Investing Career on Short Sales – It May Be Coming to a Halt!
Is the absolute death of short sales looming in Florida?  If you haven’t been following recent legislation, HB 87 is in the hands of Governor Scott waiting to be signed into law. This Bill has been called the “Anti-homeowner” […]

Dave Dinkel’s Insights: Greatest Fears #7

My Greatest Fear is – “How Do I Sell The Deals I Get?” – 

Series, Part 7

Even before I bought my first property in 1975, I was very aware of the fact that I had to find a buyer to sell it to so I could make a profit. What I saw as a great deal didn’t seem […]

Dave Dinkel’s Insights: Greatest Fears #6

My Greatest Fear is – 
“Bleeding to Death in a Property I Can’t Sell!” – 

Series, Part 6
Based on my experience with new investors, this issue of losing money in a property is the second or third greatest fear.  Likely they have heard war stories of how other investors purchased a property and then over-rehabbed it […]

Dave Dinkel’s Insights: Greatest Fears #5

My Greatest Fear is – “What if I Over Bid on the Property?” – 

Series, Part 5

 Inevitably I have students tell me they are fearful of overbidding on a property because they think they will bleed to death trying to find a buyer.  This is a very viable concern unless you know the different ways to […]

Dave Dinkel’s Insights: Greatest Fears #4

My Greatest Fear is – Once I Get a Deal Who Do I Sell It To?” – Series Part 4

This fear of “Who do I sell my deal to?” should be the greatest fear of most investors.  However, many are too enthusiastic  to understand this problem until they get slapped with it.   Let’s assume that you have […]

Dave Dinkel’s Insights: Greatest Fears #3

My Greatest Fear is – “What Offer Should I Make to a Seller?”  – Series – Part 3
Students and new investors tend to believe there is a magic number that they should offer on any specific property.  This “exact” number can be derived from getting an appraisal, by getting a realtor to do a […]

Dave Dinkel’s Insights: Part 2 Greatest Fears

Part 2 – My Greatest Fears in Real Estate Investing – Contracting
 “My Greatest Fear is the Legalities of Contracting” is a constant drumbeat I hear from new investors.  I am not sure when contracts came into play but it must have been many hundreds of years ago.  In those days the lawyers charged per […]

Dave Dinkel’s Insight: Greatest Fears, Part 1

What are the Solutions to Investors’ Greatest Fears? – Part 1
 As a mentor I answer a lot of the same questions from prospective students.  The questions that cripple wannabe students are about fears that are obvious potential problems.  However, with experience they can be handled by any investor.  These fears run the gamut from […]