The 3 Pillars of Real Estate Start-Up Mastery
Through over a decade of starting various business and now working with students who want to get started with apartment building investing, I’ve come to the conclusion that the only way you can master any new skill, start any new business, or change anything meaningful in your life is to address each of the following three […]
Don’t Be a “Real Estate Investor.” Instead, Empower Yourself By Doing THIS.
One of the biggest objections I hear from investors about getting into larger real estate deals like apartment buildings is that they don’t have enough cash or experience. So they limit their real estate strategy to their current abilities and resources.
8 Simple Ways to Maximize Your Apartment Building Profits
You’re probably already familiar with the power of commercial real estate. 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.
2 Clever Negotiation Tips to Get More Deals Under Contract
It’s ideal to negotiate directly with the seller in person. You should always work to try to arrange that whenever possible. This allows you to establish rapport and more quickly talk through different scenarios to try to reach an agreement.
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.
6 Common Excuses and How to Overcome Them
In this article I discuss the 6 most common excuses so that you can recognize and overcome them.
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.
How To Handle Proof of Funds for Multifamily Investing
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 proof of funds.
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 […]