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? [...]
Just getting started in real estate investing? Or do you already have a few properties and are looking to grow your portfolio? Either way, you can’t make it about money. It’s more about helping other people grow! That’s true of anything you do in business and when learning new skills. Once you do, you go [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
