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 [...]
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 [...]
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 [...]
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 [...]
Ah, passive income... The words bring to mind dollar bills drifting gently in through the windows and doors. After all, it’s passive, so that means you don’t have to work for it, right? Not quite. There are ways to earn passive income that takes very little effort on your part, but that is reserved for [...]
Are you like me? Do you invest in multifamily properties? Want to make your real estate investing life a bit easier? Find a good property management company. When you do, stick with them! A good management company will handle all the tenant, toilet and termite issues in your properties for you, plus a whole lot [...]
You’ve found a great multifamily property in which to invest. You’ve made your offer, and the seller accepts it. You have it under contract. Excellent! What’s next? Do you put your money down? No. That part doesn’t come for another few weeks. At this point, you will do your due diligence, making sure that everything [...]
What does it really mean to “get a property under contract”? You hear the words, but aren’t quite sure what they mean... or perhaps you don’t understand the process. Believe me, I completely understand! The thought of putting a property “under contract” used to make me anxious, too. At least in the beginning when first [...]
