Real estate investing is an interesting field. If you do your homework, you almost can’t make a bad investment. However, sometimes, no matter how much research you do and how sure you are of a property, things go wrong. Then, before you know it, you have to get out the best way you can and move on. I was talking …
When it comes to generating leads, it pays to be friends with at least a couple of wholesalers. Wholesalers will buy contracts on flip houses and sell them to real estate investors. Basically, I look at wholesaling like a service to generate leads on really great deals, so I never mind spending a little bit more to buy the contract …
When you’re just getting into real estate investing, it’s really easy to get intimidated, especially when you see other investors who have a lot more experience than you. As you see them (online or in person), you might think, “How am I ever going to beat them out of a deal?” Well, believe it or not, you don’t need to …
For most people just starting out in the real estate investing business, I recommend sticking close to home. It’s a lot easier to oversee rehabs on a flip house if you only have to drive twenty minutes instead of flying for four hours, and it’s a lot easier to find leads on profitable properties when you’re familiar with the area. …
Over the past decade, throughout the United States, many people have struggled to keep their jobs and their houses. Whether you’re a student just out of college or you’ve had financial problems due to unemployment or underemployment, you may have flinched when you saw your credit score. As a result, you might have written off the idea of becoming a …
I get a lot of questions about real estate networking events. New investors tell me that they don’t see the point in going, or that they went to an event but didn’t really talk to anyone or make any connections. The fact is, if you want to really get something out of a real estate networking event, you have to …
Have you ever noticed that you always have time or money, but never both? If you’re like a lot of people working in the corporate world today, you can definitely relate. Sure, you’re making more money now than when you were working in a coffee shop in college, but you’re not making as much as you’d like. And, worse yet, …
It’s no secret that I love yoga. When I’m not designing our latest flip houses or doing stuff with my kids, I find at least a little bit of time every day to practice yoga. When I first started doing yoga, I had no idea that it might help me make money in real estate. I just wanted a way …
The new year is right around the corner, which means it’s time to start thinking about your New Year’s resolutions! By now, you may already be planning out goals you’d like to accomplish in your personal life. Maybe you’d like to lose weight, save more money, or wake up earlier. But, if you’re anything like most people, you’ll probably fall …
The other day, I was going through some of our kids’ toys, thinking about what they’ve outgrown and what they’ll be growing into next. They’re not quite ready for it yet, but I’m really looking forward to having family board game nights as they get older. Playing Monopoly, Clue, Life, and other games will give us all time together, away …