Feasibility and due diligence, this is one of the many facets of real estate that Fernando loves. He likes computing numbers and making analysis.  This is necessary for the sense that this will make or break your deal. Don’t ever go to a real estate business if you do not know anything about this topic. The important thing about self-storage is as soon as they get the numbers from the seller at the same time they also discuss the due diligence.  First, check the market. Before you even look at the property itself, before you even do the math for the income and expenses of the propert ..read more

Real estate allows you to do a lot of unique things that other investment vehicles like stocks and bonds do not allow you to do. Before he proceeds, Fernando would like to remind everybody that he is not an attorney or an accountant, CPA so if you wanted more legal advice about this topic, please do find these professionals. One of the things that he always tells people is that if you do not have living trusts or a will set up, you should start putting together your estate planning now.  Fernando started his living trusts when he was 23 years old, the reason is you never know when someth ..read more

What are some alternative investment vehicles that someone can participate in? Most people have been trained to get a job, put money into a retirement account, invest in stocks and bonds. Some reasons for this strategy are, it helps drive the economy and the other reason is that the custodians of these retirement accounts get payment when you purchase stocks and bonds. Somehow when you invest in real estate, usually, these custodians do not get charge fees. This is also the reason why many people when they go to their fidelity account they are not allowed to invest in self-storage.  What ..read more

In this episode, Fernando would like to talk about finance options and strategies when it comes to self-storage.    Starting from the end then move his way to the beginning.    The last on the list for Fernando’s finance options is to have stabilized senior debt that is non-recourse.    A non-recourse loan means that even though you are signing for it if anything happens. For instance, if the market goes down you are not liable for that loan.   This is one of the best types of loans to get to limit your liability.   Usually, to get these seniors loans, t ..read more

Recently, someone asked Fernando how he handles his money management or cash flow management not only for his personal income but with the multiple businesses that he runs as well. There is a great book that he would like to recommend and it’s called “Profit First” by Mike Michalowicz.  According to him, the basis of Profit First is number one, you have to take a profit. As opposed to what most entrepreneurs do they spend first and then just see if there are some profits left. This book focuses on profit first and then compute all expenses to see how much will be placed in operating expen ..read more

For Fernando, one of the reasons why he is finding a lot of success and starting to exponentially grow his different business is because of his ability to stand on the shoulders of giants, to leverage other people, and the network. For him, one of the most important things is joining the Mastermind group. Specifically, a Mastermind group that is not geographically tied to your little market. What is a Mastermind group? This is a collective of individuals in the same industry and in Fernando’s case, it’s the real estate business. They get together quarterly and between those 3 to five meetings ..read more

In this episode, Fernando will show you how to make a Turnkey Deal. A turnkey provider is someone that would buy a property, rehab it, and then they will put a tenant and property management in place and then sell it to what they call “armchair investors.” These armchair investors or turnkey buyers typically live in very high-cost real estate markets. This turnkey provider was looking at the property. They almost closed the deal but then they realized they couldn’t turn the property into a four-bedroom model; it can only become a three-bedroom model.  If you want to know more about the de ..read more

For this episode, Fernando will talk about a “sticky” deal that happened in  South Holland.  Being a sticky deal this gave them the reason to go to a wholesaler or someone who can pay cash quickly. This property has a lot of family issues. The father is the owner of the house, the daughter lives in that house but hasn’t been paying any rent as the father’s claim. And of course, the daughter has her own side of the story as well. Fernando tries his best to be professional by not taking sides. He still provided his services even though the property is in really rough shape. There are a ..read more

In this episode, Fernando will talk about his Fix and Flip deal in Schaumburg, Illinois. It is a very interesting and unique property because it has a lot of lessons built into it.  The property has been stuck in probate for more or less 7 years. When the owner finally moved the property from probate she decided to sell it. At the same time, she is also building a house in Florida and expected to move- in into that home on December 15, 2020.  Although before she could move in, the builder of her house in Florida required her to pay all the cost by December 14.  Thus for the need ..read more

How do you compensate and how do you incentivize your staff and personnel? For Fernando, this is a critical point in hiring and keeping his people happy. Not everyone is incentivized by money or compensation. You need to know what drives them. If compensation is what drives your employee then make sure to give them the right package. Know their goals. Sit down with your staff to really know and learn what motivates them.  If you want to learn more about how Titan Wealth Group gives compensation and incentives continue watching this video.   Fernando O. Angelucci is the Founder and Pr ..read more