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About Billy

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So far Billy has created 103 blog entries.

What Type of Real Estate Should You Buy?

What kind of food do you like? I know... you’re asking what the heck has that got to do with deciding what type of real estate you should buy?! Stick with me.  I promise there are similarities. I’ll get to that in a minute, but for now let’s just say it’s all about the experience [...]

By |May 14th, 2018|cashflow, investment, knowledge, reasons|0 Comments

When Should You Buy a Rental Property?

The answer is simple... But I’ll have to ask you to wait for a minute. Just keep reading. Let me back up first. I need to you think about a couple of things... When you think about the population that is renting today, what does that look like?  Just a few decades ago about 21% of [...]

By |May 7th, 2018|cashflow, coaching, investment, knowledge|0 Comments

What is Cash After Debt Service?

Why do you need to understand what CADS is? Whether you are an active investor like me or passive investor like those who back my deals, you should understand this basic concept in real estate. If you’re just learning how to become a real estate investor, you definitely need to know what CADS means to [...]

By |April 27th, 2018|cashflow, coaching, investment, reasons, steps|0 Comments

4 Simple Things You Need to Start Your Real Estate Investing Business

Want to grow you net wealth? Want to create a business that will make you passive income month after month? GREAT! Why not begin a real estate investing business (like I did)? But hold your horses... There are 4 things you need to do when starting your own business. This holds true even if that [...]

By |April 19th, 2018|investment, knowledge, reasons, steps|0 Comments

5 Tips for Picking a Real Estate Market

What type of real estate investor are you? By this I mean do you like big piles of cash or a steady stream of cash that flows into your bank account over time? In other words, are you a passive investor who lets active investors use your cash and/or credit in their deals so you [...]

By |April 12th, 2018|cashflow, coaching, knowledge, reasons, steps|0 Comments

Should I use Leverage or Pay cash for my Rental Property?

Oh, boy... I’m excited for you, because you want to buy a rental property. Good job! So let’s say you have $50,000 to $200,000 that you’ve saved up. So do you put all that money down on the one rental property or do something else? If you can’t afford to lose that money, please don’t [...]

By |April 6th, 2018|cashflow, coaching, investment, reasons|0 Comments

Why Pay Off Your Mortgage Early

Just got a big lump sum of cash? For example, did you receive a massive bonus in your 9-to-5 JOB? I hear it a lot... “Billy, I’m so excited! I just got my bonus check. I’m going to pay down my mortgage so I can pay it off early!” Here’s where I cringe. I may [...]

By |March 26th, 2018|cashflow, coaching, knowledge, reasons|0 Comments

What Are the Top Tax Write Offs in Your Rental Properties

As you know, I invest in multifamily properties. Because I’m a long-distance investor, my investments involve travel. You might think that since you’re not a long-distance investor like me that you don’t travel, but you’d be wrong. And guess what? The local travel you do to look at properties, manage properties or meet workers at [...]

By |March 15th, 2018|investment, knowledge, reasons, steps|0 Comments

How to Quickly Analyze Real Estate Deals for Multifamily Investing

Do you like the idea of investing in multifamily properties? If so,  that tells me that you want stable cashflow that gives you enough income to replace the income you’re earning in your day job.  - Tweet   Or you just want really good cashflow! That also means you have to get really good at analyzing [...]

By |March 9th, 2018|coaching, investment, knowledge, reasons|0 Comments

What’s the Difference between Operating and Finance Expenses?

Confused by the terms “operating expense” and “finance expense”? It can sound complicated. I know, because I get this exact question all the time when I’m talking to people at my Cashflow game events and when meeting with potential investors. Let me remove the complication. Just like the name indicates, an “operating expense” is any [...]

By |March 3rd, 2018|coaching, investment, knowledge, reasons|0 Comments