Here’s something I hear all the time... “Billy, I want to invest in real estate, but I don’t know the first thing about how to get started!” If that’s you, I have good news. In this article – the first in a fun 4-part series – I take you through the steps in my PLTO [...]
When you own rental properties, it’s no lie... There’s a lot to take care of. You need to ask yourself if you want to be the one handling everything or if you’d rather a seasoned property management company or at least an experienced manager take care of things for you. For me, it’s a no-brainer. [...]
Looking at properties to buy? Looking to lease them out to make top dollar? Looking to change their use and turn them into something else? You know you need to do your research, but maybe you’re feeling stuck. You want to do good, in-depth market research but how do you find the information you need? [...]
What?! You didn’t know there were fees associated with your 401K? If so, you wouldn’t be alone. According to an AARP study, an alarming number of people who have a 401K account weren’t aware of all the fees! In fact, that number was 71% of these individuals. Wow! Maybe you know there is a fee [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
