However, no matter where you're at the moment in your career as a real estate professional and whether you're just starting out or have been in the business for 20 years now is the time to plan the exit plan. How many people do know who are able to retire from real estate and ultimately sell their company for a significant sum of money? It's likely to be very few even if there are. What is the reason? A successful real estate professional must be able to market their client list and business…

Are you driven to sell? My wife and I tried to keep the renters happy and the rent flowing in and the house was being fixed all the while being at 2100 miles. You can bet I was driven. The month before we sold our home and received an amazing price. However, I'll tell you something. We would had sold the property for... Well, I do not want to upset buyers if they read this. Let's say that we could sell it for less.

It's the first indicator that you've located an enthusiastic buyer. If…

Of course, given today's circumstances with credit, options aren't just less than they were a couple times ago. However, the notion of a "good deal" from a lender has also evolved. When I first started thinking about financing single-family homes, it was because I didn't consider a few options that actually were decent in the current tight credit market. Therefore, it's essential to know not just the various types of financing on the market, but also what types are the most popular and most…