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Sponsor a Student Today

sponsor a student in uganda

I have a soft spot in my heart for kids, especially the kids in Uganda who don’t have things we take for granted, like education, access to fresh water, and medical care. I work with an organization called Uganda Counseling & Support Services (UCSS). Dr. Ronald Kaluya, the founder of UCSS, is doing amazing work […]

The COVID Rent Collection Crisis That Hasn’t Happened (so far)

The COVID [Rent] Collection Crisis That Hasn’t Happened (so far)

Smart investors want to understand (and limit) their “worst-case scenario.” How about a 750% explosion in joblessness from a 3.5% unemployment in Feb 2020 up to a new peak unemployment record of 30% (worse than even the 1933 The Great Depression Peak of 24.9%)? That is precisely the rental property “stress-test” many respected economists and even members of the Federal Reserve continue to forecast. Keep reading…

What Can Go WRONG in a Multifamily Deal?

What Can Go WRONG in a Multifamily Deal?

It wouldn’t be 100% truthful for us to say that every multifamily deal that we do works out. Or, that every single investor makes the exact amount of money that we hoped they would make. It’s just not true.

6 Common Excuses That Keep You From Investing (& How to Banish Them!)

One of the key factors that prevents people from taking action is making EXCUSES. Here are the 6 most common excuses so that you can recognize and overcome them. Many investors think that they need to quit their job to get started in real estate. Not true! Many investors successfully build large portfolios over the […]

5 Real Estate Investing Lessons Learned From Building a Campfire

My son recently crossed over as a boy scout, and these boy scouts LOVE to go camping — a LOT. As I was sitting in front of the campfire, the wild thought occurred to me that the process of properly building a fire can also teach us to properly build our real estate investing career. […]

3 Ways to Deal With Real Estate Risk Without Letting it Paralyze You

As real estate investors, we recognize that we need to take risk in order to reap any rewards. But how should you go about dealing with this risk? What’s too risky, what’s an educated risk, and when are we not taking enough risk? In this article I give you my thoughts on how I deal with […]

8 Awesomely Simple Ways to Maximize Your Apartment Building Profits

You’re probably already familiar with the power of commercial real estate by now. For example, if you’re able to increase rents by $50 and decrease expenses by $50 per unit per month and you have a 24-unit apartment building, you’ve increased the income of the property by $28,800 per year. Not that much, you say? […]

Before You Attempt to Manage Your Own Property, Answer These 5 Questions

One result of having the mindset of entrepreneur is that you should not do all of the work yourself, but instead surround yourself with an awesome team and delegate. In particular: Don’t be a PROPERTY manager; be an ASSET manager instead. What’s the difference? If you’re the property manager, you are the manager. If you’re […]

3 Priceless Contract Negotiation Tips to Keep You in Control of the Deal

Having bought and sold houses, commercial real estate, and restaurants, I’ve made lots of mistakes during the contract negotiation of the transactions. These mistakes can easily be avoided by addressing them properly and up-front in your contract agreements. Standard MRIS contracts for buying and selling single family houses are typically adequate for handling the vast […]

The Best-Kept Secret to Raising Money for Apartment Building Investing

Newbie investors tell me they’ll start their apartment building investing career when they have money. But who knows when that will happen? And so they wait. Or they’ll say they can’t see themselves putting a building under contract if they don’t already have the funds in the bank – who will take them seriously? Or […]