The strength of your rental property is solely based on the quality of your tenants. Sure, numbers are always important, but everything starts and ends with your tenants. That is why it is critical to take your time and screen every tenant individually. Never let the threat of a vacancy or the desire of a […]
One of the biggest myths in real estate is that you need money to secure deals. Sure, having extra capital can come in handy, but is far from a necessity. Some of the best deals you will ever close will come from the most unexpected sources. Many of these sources don’t require you to break […]
Real estate investing should be treated like a business. Regardless of the number of deals you close or how much time you dedicate, you must treat real estate like a business. All it takes is one misstep to wipe away all the hard work you put in. Something as seemingly minor as not including specific […]
Every real estate investor should have a reliable mortgage broker on their team. Even if you currently financing your deals cash, or with hard money, you never know when the need for a broker will arise. It may not happen on the financing side, but there are times when you will consider pulling out equity […]
Running a business is filled with wild swings of ups and downs. One day you go to bed feeling like a million bucks and the next you toss and turn wondering how you lost a deal. It is important to understand that most start up businesses experiences lulls, especially in the first year. This is […]
You never know where you will find your next real estate rental opportunity. There are times when you are presented with a deal that may not fit exactly what you are looking for. The numbers may make sense, but the property isn’t in a market you have previously invested in. This doesn’t mean you shouldn’t […]
In the real estate business public speaking is very much a necessary evil. You may not like doing it, but avoiding it is one of the quickest ways to squash a growing business. When people think of public speaking they usually think of standing on stage in front of thousands of people. Sure, this is […]
There are many different paths to real estate investing success. Some of the most popular investors you currently see on TV spent years grinding their way to get to where they are today. They often did so without a huge bankroll of capital or contacts behind them. As great as having a blank check to […]
Generating revenue is nice but growing your bottom line is the name of the game. There is nothing more frustrating in business than working hard only to be disappointed with the end profits. If too much of your capital is going to debt or other areas, you will not have the success you desire. Eventually […]
Rental properties are the quickest path to sustaining true long-term wealth. Some of the wealthiest people in the country have made their money on the strength of rentals. All it takes is just one rental property to have a meaningful impact on your portfolio. However, all rentals are not created equally. Buying a property and […]