The strength of your investing business is in the people you surround yourself with. You can have access to capital and a good plan on putting it to use, but if your team is poor, ultimately you will suffer. The importance of your team is magnified as you are just starting out. You are pulled...Read More
Every investor has a stretch where nothing goes right. They struggle getting offers accepted, deals fall through, and they can’t come up with new ways of generating business. It is during these periods where your mettle is tested, and your business is defined. It is essential to dig in and work even harder to come...Read More
Every successful investor has a core of people around them. Whether you close a deal a month or a deal a year there are a handful of team members essential to your success. How you work with them will often influence just how strong your business is. There is a fine line in any business...Read More
One of the great things about investing in real estate is that you don’t need your own funds to get started. Sure, having disposable money is nice but it is far from a necessity. That coupled with the fact that there are more capital options available than ever before makes this a great time to...Read More
Getting a good deal on a rehab property is not enough to ensure a profit. If you buy in the wrong market it truly won’t matter how low your offer is. Prior to making an offer, or even exploring a property, there are a handful of key items you need to do your homework on....Read More
On the surface, being a landlord seems pretty simple. You find a tenant and wait for the first of every month for rent checks to pour in. At the end of the lease you repeat the process and start all over again. Anyone who owns rental property knows this isn’t exactly how things work. There...Read More
There are two sides to almost every real estate financial argument. What works for one investor, a fellow investor may have a completely different point of view. In reality, both sides can be right depending on the individual perspective. One of the most often debated real estate topics revolves around what to do with surplus...Read More
Finding deals is one thing, funding them is another. There are a handful of ways you can fund your next purchase. While all the exotic stated income and 100% loan products are long gone, there are other options available. Some require some upfront capital, but most of them require nothing more than a plan in...Read More
Everyone in business makes mistakes. When you are self-employed your mistakes tend to sting a little bit more. Instead of explaining yourself to a boss, there is nobody to blame but yourself. Under the right circumstances a mistake can be used a learning experience. However, if you continue to make the same mistake again eventually...Read More
As a house flipper your job isn’t over until the property is sold. You can do great rehab work but until you are at the closing table there is still more to be done. Every day that you own the property you are on the hook for the carrying costs and other expenses. It is...Read More