Why offer seller financing? Let me give you an example. Many years ago a gentleman bought a rental property, and then realized he didn’t want to be a landlord. So nine months later he sold it for 15% more than he paid, without fixing or improving a thing. The easy terms are what sold it. He took $1000 down, and years later, still gets a payment every month, with 9% interest. Why…
SHOW NOTES FOR EPISODE 073 – IMPACT INVESTING WITH JEFF KISSEE Making and keeping happy tenants pays off! Not just in increased profits but in broader sense of impacting individual lives and entire communities. In this episode, Jeff Kissee, the co-owner of Capital 8 Group LLC, talks about “Impact Investing” and how this powerful tenant-driven model has transformed his business, the tenants in his apartment communities and the communities were his assets…
SHOW NOTES FOR EPISODE 072 – BUYING PROPERTIES ON EBAY Finding good below-market properties is not easy. Sometimes you need to see 100 properties before you find one that meets your criteria. In this episode, Bill looks at eBay as a possible resource for prospective properties and shares his personal experience in the eBay real estate marketplace. Why in the world would I even have this as a topic? And even if…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
SHOW NOTES FOR EPISODE 071 – PART-TIME REAL ESTATE INVESTING In this episode, Dr. Buck Joffrey, a full-time physician, talks about how you can generate significant returns by investing in real estate while working full-time. Dr. Joffrey has built over $20 million in real estate and other business and investment assets while working a full-time job. What You Will Learn How it’s possible to successfully invest in real estate while working full-time Why…
SHOW NOTES FOR EPISODE #070 – 12 WAYS TO INCREASE YOUR RENTAL PROPERTY CASH FLOW How do you get more income from your rental properties? Raising the rent seems like the most obvious way to increase cash flow, but in this week’s Fun Fact Friday episode, we came up with 12 more ways to increase your monthly cash flow. What if you want better cash flow from your rental properties? Yes, you can…
Locating financing for every commercial project is not always an easy feat. Many items can affect the acceptance of a loan, how much is loaned, and under what specific terms the loan is given. As a commercial real estate insider, it is important to always be completely prepared when approaching a lender, whether it is a commercial bank, savings and loan company, or a private investor. The key to success in commercial…
SHOW NOTES FOR EPISODE 069 – FINDING A GOOD MENTOR One of the top 4 things you need to do if you want to in in real estate investing is to get a mentor. In this episode, we talk with Paul Moore, co-founder of Wellings Capital, entrepreneur and commercial real estate investor and developer, who has been both mentor and mentee. He shares practical advice on the importance of having a mentor how…
SHOW NOTES FOR EPISODE #068 – 7 TIPS FOR SUCCESSFUL OUT-OF-STATE INVESTING In last week’s episode, we discussed the pros and cons of buying out-of-state. This week, we present the strategies for being a successful out-of-state investor. In the 7 tips presented in this podcast, you’ll learn what not to do and what you must do to be a successful out-of-state investor. Introduction In last week’s Fun Facts Friday episode #066, we discussed…
I am often approached by people in residential real estate, by people in different professions such as medicine and law, and others who are not too informed on commercial real estate and what it is really about. When they discover that I invest in commercial real estate, they always ask me, “Why?” Of course they acknowledge the most obvious reason, the amount of money that can be made. However, I am quick…