Newbies: These 3 Simple Steps Will Prepare You For Your First Deal
How will you get the experience when no one will take you seriously? The answer: by faking it til you make it. Here’s how.
Why, What, and How To Communicate With Your Investors
While I wrote a lot about FINDING investors for (primarily) apartment building deals, I’ve not really discussed how to interact with your investors AFTER closing. It’s critically important that you communicate with your investors, for at least three reasons: Common courtesy: it’s polite to keep in touch with people who funded your dream. To avoid […]
6 Common Excuses and How to Overcome Them
In last week’s article (“Why Most Wannabe Investors Never Buy a Single Property (& How to Be Different!“) I talked about the importance of DECIDING what you want and then follow them up immediately with ACTION that brings you closer to your goals. One of the key factors that prevent people from taking action are […]
Why Most Wannabe Investors Never Buy a Single Property (& How to Be Different!)
As a coach, it’s frustrating to me when I meet someone who tells me about the classes and seminars they’ve attended. When I ask them, “So, what kind of deals have you done,” they tell me that they haven’t… yet. But they’re signed up for the multi-family boot camp next month. It’s not that the […]
How To Handle Proof of Funds for Multifamily Investing
I write a lot about raising money from others, especially as a way to get started with multifamily investing even if you don’t have your own cash or good credit. The challenge is that if you’re raising money, chances are that you don’t have the net worth or liquidity to satisfy a seller’s request for […]
3 Things You Can Do To Expand Your Comfort Zone (So You Can Do Almost Anything!)
When I had my first 12-unit apartment building under contract, I was overwhelmed. This was a HUGE building to me, and I thought of the 134 things that could go wrong if I moved forward. Now, an interesting thing happened. In the 3rd week after ratification of the contract, after a site visit, talking with […]
MB 021: How To Pay Yourself $30,000 When Buying Your Next Apartment Building
You deserve to be paid when you put an apartment building deal together with private money. In this article, I show you how it’s done.
MB 020: 2015 Multifamily Real Estate Market Outlook – With Chris Urso
Join me as Chris Urso shares his story, lessons and his outlook for the national multifamily market in 2015. Find out where he’s buying and why.
8 Steps to Getting Started with Apartment Building Investing
In this video, I talk about 8 steps a newbie investor can take in the next three to six months to get started with apartment building investing.
MB 016: How to be Taken Seriously by Commercial Real Estate Brokers
Experienced commercial real estate broker Charles Wentworth gives all of us investors priceless advice regarding how to be taken seriously by brokers (and how to avoid being tagged a “newbie”).