You can purchase property for cash, of course, and if you have it, this can be the best way to get a great price. But what if you don’t have the cash? Here are some other options available for investors. Partner To Purchase Property Join the local real estate investing group in your town. Then start taking notes, names, and numbers. Many real estate investment groups meet monthly in various cities. The…
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SHOW NOTES FOR EPISODE 541: FIVE BIGGEST FACTORS OF RISK YOU NEED TO KNOW Passive real estate investing can be extremely lucrative. But where do you begin? Learning effective due diligence to reduce risk and boost success is key! In today’s episode, CEO of RealCrowd Adam Hooper shares the 5 main factors of risk you need to know to help determine the best deals. What You Will Learn What the single most important risk factor is…
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SHOW NOTES FOR EPISODE 541: REAL ESTATE INVESTING AS A SUCCESSFUL SIDE HUSTLE More than 44% of Americans work a side hustle or job to supplement their full-time work. If that’s true, why can’t real estate investing be a good side hustle? In today’s podcast, Bill examines how real estate investing would work as a side hustle and offers tips on how to succeed as a part-time real estate investor. Tip of the…
By Evelyn Long House hacking is a money-saving method that can prove beneficial for a variety of homeowners, particularly when used to jumpstart a transition into real estate investment. In short, the practice of house hacking is to have tenants who pay rent and utilities on a property you own — likely, a property that you live in yourself. Does that mean budding real estate investors have to find an available duplex?…
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SHOW NOTES FOR EPISODE 539: FROM HOLLYWOOD TO FREEDOMHOOD WITH REAL ESTATE INVESTING One of the top benefits of real estate investing is that it can give you freedom of choice. In today’s podcast, award-winning Hollywood post-production producer Joe DiSanto shares how he was able to semi-retire through real estate investing and launch Play Louder, a website that provides valuable real estate investing info, personal finance tips and ways to boost your net worth. What…
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SHOW NOTES FOR EPISODE 538: THE PROS AND CONS OF REAL ESTATE INVESTING Many people avoid real estate investments because they think they are scary or need a lot of money to invest. Neither is accurate. In today’s podcast, Bill shares both the positive and negative reasons why real estate is a good investment or not. Tip of the week: Organized real estate investors are always winners In the end, the bottom line…
Negotiating a successful real estate contract, whether in person or online, requires communication skills and the ability to create an environment of trust and cooperation. As much of consumerism shies away from personal or direct selling, real estate is one product that most predict will hold on strongly to the personal approach. ‘Seeing’ the product and ‘trusting’ those who rent it are significant success factors in the industry. Internet marketing standards are…
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SHOW NOTES FOR EPISODE 537: BUILDING A MULTIFAMILY PORTFOLIO ONE DOOR AT A TIME He grew up in a small farming town in Texas and was inspired by his grandfather to be an investor. He bought his first mutual funds at 12 but his true love was real estate. Starting as a passive investor in syndications and then on to single family rentals, he grew his portfolio to over 749 units. In today’s…
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SHOW NOTES FOR EPISODE 536: HAS THE HOUSING CRASH ALREADY STARTED There are some very disturbing trends occurring in the housing market that could be precursors to a more significant economic shift in the U.S. and global economy. In this episode, Bill explores a few key economic trends that are not too dissimilar from trends that occurred back in 2007. Tip of the Week: Don’t Forget About Asset Protection You spent all those…
How do you find cheap homes? There are too many ways to list here, but there are five basic principles to learn. Understand these, and you can save thousands of dollars on your next home. 1. Cheap Homes Are In Cheap Towns Yes, there are still beautiful towns in this country where you can see a good movie, put the kids in a good school, go shopping, enjoy nearby natural beauty, and…