Top 89 Real Estate Blogs To Follow
Jacob Grant with Idaho Falls Property Management spent 20 hours compiling this one-stop guide to the most valuable real estate resources on the web today. The list contains 89 real estate blogs that every investor, property manager and landlord should read. These blogs are authored by notable brands and industry experts, and will teach you key investment […]
5 Reasons to Fire Your Property Manager
I don’t like firing people. My initial approach is to try to make it work and bring out the full potential of a person. Sometimes, however, I hold on to a person for too long. I’ve found over the years that if I’m micro-managing someone then I have the wrong person. Micro-managing means you’re […]
How to Get Started with Apartment Building Investing
Hey everyone! In this article and Youtube video, I want to talk about what steps a newbie investor can take in the next three to six months to get started with apartment building investing. While the task can seem overwhelming, there are some well-defined and easy-to-do things you start doing today. Do a little bit […]
What Should Your Apartment Building Investment Criteria Be?
Before you start investing in real estate, you have to be clear about your investment criteria. I call this your “trading rules”. Many years ago, I spent a year or so trading options. I took a bootcamp and signed up with a mentor. I did OK (I made an average of 7% during this time, […]
The 50% Rule to Quickly Analyze an Apartment Building Investing Deal
Imagine you get in a deal from one of your brokers. Now what ….?
If you’re anything like me when I first got started, I didn’t look forward to analyzing the deal because I knew it would take me hours. I found that if you don’t get back to the broker within a few days with some feedback, they’ll stop taking you seriously and may stop feeding you deals.
Instead, what we need to do is to quickly analyze the deal to answer the question “what is the most I would pay for this deal, and why?” and get back to the broker as quickly as possible.
In this post’s how-to video, I use the Syndicated Deal Analyzer with the “50% Rule” to quickly analyze an apartment building deal as it comes in.
Top 3 Reasons to Raise Money for Apartment Building Investing
I was talking with Frank who was a newbie apartment building investor. He told me he would seriously start looking for deals (i.e. making offers) once he had enough money to invest. But he couldn’t really tell me when that was going to be. He said he couldn’t see himself putting a building under contract […]
Why Invest in Apartment Buildings?
Investing in apartment buildings is one of the best investments you can make with your money – better than the stock market or even single family rental property. Just a warning though: apartment building investing is not a get-rich-quickly scheme. But it is the best way to build long-term wealth. Here’s why: Reason # 1: Apartment Buildings […]