One of the most troublesome aspects of being a landlord is tenants who damage your property, from a few broken items to blatant disregard to total destruction, and even worse. There are plenty of horror stories around about what tenants can do to a rental property. Sometimes a security deposit cover it. Other times you have to take the tenant to court. In either case, it either eats up valuable turn-around time…
SHOW NOTES FOR EPISODE 093 – WORKING WITH BROKERS AND FINDING THE BEST OFF-MARKET DEALS Michael Becker has a track record unlike few others. In less than 4 years, Mike has acquired over 4,000 units. That’s right! 4,000 units in less than 4 years! In this very special podcast, Mike will be sharing some of his insider secrets on how he got there so fast. In his interview he will be discussing tips for…
SHOW NOTES FOR EPISODE 092 – LAST MINUTE REAL ESTATE INVESTOR TAX CHECKLIST April 18th is quickly approaching! If you are a real estate investor, this is a good day for you because you can enjoy the many great tax deductions available to you as an investor. In this episode, Bill goes over a quick checklist of the top real estate investor deductions so you can make sure you included all that apply…
Making money in real estate is an endless topic that includes all the various types of real estate investments. There is land, apartment buildings, homes, commercial buildings, REITS, deeds, liens and much more. Whatever the type however, you’ll make your profits in some of the basic ways listed below. Use this list to get yourself thinking of the possibilities. 1. Appreciation Making money in real estate can be as simple as holding…
SHOW NOTES FOR EPISODE 091 – REAL ESTATE SYNDICATION FOR DUMMIES Samuel K. Freshman literally wrote the book on modern real estate syndication. He has been practicing law, syndicating and investing in real estate for over 60 years. In this episode, Mr. Freshman shares his wisdom and successful insight on a host of topics ranging from syndicating basics to finding investors to buying smart. He presents the complexities of syndication in a way that…
SHOW NOTES FOR EPISODE 090 – IF I HAD $100,000 TO INVEST IN REAL ESTATE… In this episode, Bill answers the question, “If I had $100,000 to invest in real estate, how would I do it?” Now, granted, there are many many ways to invest in real estate. However, Bill tackles the question from a rental property cash flow point of view and you may be surprised with the results. Overview People often ask me…
Are you going to be able to retire? And if you do, will you be in a position to enjoy your life, pay medical bills and maintain an acceptable level of health? Those can be chilling questions if you haven’t thought about them much. If you haven’t given them adequate thought, that means you haven’t prepared for certain inevitabilities. Real estate investment can help you answer those questions and remove that chill…
SHOW NOTES FOR EPISODE 089 – HOW TO GET QUALITY “BOOTS ON THE GROUND” IN YOUR INVESTING MARKET In this episode, Reed Goossens, a US-based Australian investor, shares how he grew his real estate investment business from one duplex to over 600 units. As an out-of-state investor, he attributes much of his success to building strong teams in each property location. He shares a few of his valuable tips on how to…
SHOW NOTES FOR EPISODE 088 – TOP 10 US POPULATION GROWTH CITIES Buying properties in an emerging market is an excellent way to not only insure good cash flow and regularly increasing rents but it is also a great way to see significant equity growth in a relatively short period of time. In this episode, Bill looks at a 2016 study done by Penske Truck Rental that details where most of their…
Selling income property isn’t like selling a house. You can paint a house, and get a little more because it looks nice. Rental property is different because it’s bought by investors, who look at income more than new paint. Raise income, and you increase value. Let’s assume investors in your area expect a capitalization rate of .08. That means that they want a net return (before loan payments and taxes) of 8%…