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Let's talk about scaling in real estate, whether that means moving from no properties to single family or single family to commercial. In general, I mean taking your business to the next level. To explain how scaling is possible, I'm going to talk a little about how I did it personally.
Today we’re talking about cold calling. Initially I was going to call this blog “Three Cold Calling Techniques That Everyone Should Do.” But I changed my mind because, to be honest with you, I don’t think a lot of you are going to do even one. Why? Because there are a lot of folks who [...]
Don't believe all the negative talk about condo and townhome investment. If you live in the right market, these properties can DEFINITELY be profitable! Not buying it? Take a look at real-life numbers here.
Real estate investing can be lucrative but also time-consuming. If you buy a rental property and have good tenants, you should hypothetically be able to collect rent checks in excess of your mortgage payments and expenses with ease. However, property managers will tell you that idyllic scenario doesn’t reflect reality.
Recently my company bought an active marijuana grow house. It was an illegal operation that was raided by the police. This home was filled with grow equipment, similar to a hoarder property. Now we're working on fixing and flipping it. Here's how we budgeted for the rehab.
Buying a home—or more than one—is a key component of the American dream. Most first-time home buyers will go to the bank and take out a mortgage without considering how much money they have available to invest in real estate first. Let's take a closer look at what you need to consider.
Real estate investing is a tried-and-true way to build wealth—if you're willing to sacrifice, work 80-hour weeks, and network every spare second, right? The truth is, it doesn't have to be that way. You can have your cash flow and time to enjoy your life, too! How? The answer is simple...
Recently someone asked me, “What is the one thing you attribute your success to?” I’ve used many investing strategies, but I believe discipline is the main reason any of them worked. Still, over 30 years, I've developed some preferred methods. Here are a few I am convinced work best.
The argument about whether you should rent or buy a primary residence is raging online. Here is my argument for why you shouldn't be adamantly against renting where you live. That said—and before you bite my head off!—I think you should also consider buying elsewhere!
If you’re a seasoned vet, you’ve probably heard of this advantageous tax classification and are perhaps already taking advantage of it! But newbies may not have heard of the real estate professional (REP) designation. Here's how to qualify and how to use it to your benefit.