4 Non-Negotiable Rules For Buying a Negative Cash-Flow Property
You’re considering buying a deal with negative cash flow because you like the upside. My first response is, “NO, don’t do it!” This is because I view this as an advanced strategy and not for the faint of heart or the newbie. However, sometimes there are good reasons to take on a negative cash flow […]
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 Tips to Use Visualization to Become a Successful Real Estate Investor
You can acquire all the knowledge in the world about real estate investing, but chances are, you still have trouble seeing yourself doing the kind of deals you want. This is because our minds tell us that this isn’t possible, that we’re not good enough, that we’re too young or too old, that we don’t […]
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 […]
The Anatomy of an Awesome Offer Package for Your Next Multifamily Deal
When you make an offer, you want to put your best foot forward. If you and your offer are taken seriously, there is a better chance you’ll have your contract accepted. Your offer package should achieve two goals: (1) communicate the terms of your offer (of course), but also (2) build your credibility. If your […]
How Over-Paying For An Apartment Building Can Get You A Deal In Real Estate
You think the sacred cow of ALWAYS having to buy low is really true? I disagree.
How to Achieve Financial Freedom By Calculating Your “Rat Race Number”
Do you know what your Rat Race Number is? How much passive income you need to retire? And how to best get there with real estate?
The Ultimate Analysis: Cash on Cash Return vs. Overall Return
What’s the difference between Cash On Cash Return and Overall Return, why do they matter, and what’s a good return? Don’t miss this in depth analysis.
How to Know When an Apartment Deal is a Good Deal
It’s hard to beat the wealth-building abilities of apartments. If you’re nervous about finding a solid deal, fear not. Instead, employ THESE metrics.
Should You Use Money From Friends & Family for Investing?
You’re afraid that friends and family will never talk to you again if a deal goes bad. Should you take their money to fund your real estate deals? We don’t want to take money from our family and friends because we’re afraid. We’re afraid that we might lose our family’s and friends’ money in one […]