How To Get $5,000 Per Month In Passive Income (How Many Units Do Will You Need?)
Here’s a step-by-step methodology how to answer this followed by a more detailed case study to illustrate the concept.
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 […]
63 Best Real Estate Blogs Of 2015
My friend Robbie Richards just completed this year’s “63 Best Real Estate Blogs of 2015”, and it’s sorted by category. It’s such a great resource that I wanted to pass it on to you. Everything you need all in one place – awesome! Plus, yours truly is listed under the categories “Real Estate Investment” and […]
8 Resources for Researching Commercial Real Estate Markets
Here are a few web resources to help you track the commercial real estate market and economy for local markets as well as nationwide (thanks to Craig Haskell for the initial list). These resources are great for learning your local market, but also if you’re considering investing out of area, too.
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 […]
Crowdfunding to Raise Money for your Commercial Real Estate Deals
A few weeks back I attended the REI Expo at the National Harbor in Washington DC, an amazing venue. One thing that was unusual for me was the potential for using crowdfunding to fund larger, buy and hold commercial real estate deals. If you’re looking for an overview of crowdfunding, its history, and most popular […]
How To Be Taken Seriously as a Newbie Commercial Real Estate Syndicator
We syndicators have it rough: we try to buy apartment buildings without having the cash or credit ourselves to do so. Instead, we rely on a group of investors to put up most or all of the cash. Especially if we don’t have a track record, it’s tough to be taken seriously – by anybody, […]
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 […]
How to Find Investors to Buy Commercial Real Estate
One widespread myth of commercial real estate investing is that you should start small, maybe flip or wholesale a few houses, own a few rentals or duplexes, all while using your own money to build up your assets to do bigger deals later. Many newbie apartment building investors mistakenly think that they need to use their […]
Estimating Acquisition and Closing Costs for Apartment Building Deals
Many beginning commercial real estate investors are shocked at how much it costs to perform due diligence for a deal and how high the closing costs are. While the latter are usually paid for at closing, the former must be paid with hard cash while doing due diligence. In the video below, I review the […]