This Week's Carnival Of Real Estate Investing

This is my first time hosting the Carnival of Real Estate Investing and I am pretty excited to be participating. I went to the Penn Relays in Philadelphia this weekend to watch some of the best Track and Field athletes compete in sprints, field events, and distance running. As I watched the events, I couldn't help but find a link between real estate investing and the races.


I watched the sprints and noticed that the athletes trained to give a maximum effort for 10 - 45 seconds and then the event was over. This is similar to the real estate rehabber. They acquire a property, renovate it for 1 year or less and then try to sell for maximum profit.


The field events showcased athletes that combined athletic ability with very specific technical skills. This is similar to the real estate investor that specializes in short sales or preforeclosures. They rely on learning specific techniques and approaches to create their success in real estate.


The long distance runners train hard to increase the stamina and endurance that would allow them to finish their 1 mile to 3 mile race ahead of the pack. The long-term landlord is very similar to the distance runner. They have the buy and hold mentality that leads to real wealth in real estate.

Now for the results of this week's Carnival of Real Estate Investing. After reading all of the entries for the week, I struggle between two post for this week's best but decided to choose Robert Phillips presents How to Handle Sellers in PreForeclosure posted at REAL ESTATE INVESTING. I liked it because it gives a great practical example and short script to use when approaching homeowners in preforeclosure. So this week the "field event" wins the Carnival of Real Estate Investing!

Fred De La Riva presents Don't Let Your Clients Fall Prey to the Gurus posted at Working with Real Estate Investors was a very close second. It is a great post that highlights the pitfalls that newbie investors may fall for when listening to so-called "Gurus".

Here are the other 9 honorable mention posts in no specific order:

Joshua Dorkin presents What was your biggest fear or concern in starting real estate investing? posted at Real Estate Investing For Real | A BiggerPockets Investment Property Blog.

Anesia Springborn presents Improve Cash Flow With Last Month's Rent posted at TheLandlordBlog.com.

Paul presents Real Estate Vs Stocks - Again posted at ExtremePerspective.

John Barker presents John Barker's Mortgage Blog: How does the Subprime Crisis Affect My Home? posted at John Barker's Mortgage Blog.

edithyeung presents How to Analyze Real Estate: Single Family Homes (SFH) posted at Stewart Hsu.

Nigel Swaby presents Real Estate Investing - Is It Time to Adjust? posted at Salt Lake Real Estate Blog.

Silicon Valley Blogger presents Stocks Vs Real Estate, Winning Investment Strategies posted at The Digerati Life.

Jeff Brown presents An Example ? How To Answer A Client?s Question posted at BloodhoundBlog.

James Klobasa presents My Friends All Thought I Was Breaking The Law?And Going To Jail?Until They Saw The Cheques Rolling In! posted at Real Real Estate Investing Blog.