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 covers it. Other times you have to take the tenant to court. In either case, it either eats up valuable turn-around time…
Podcast: Play in new window | Download
Subscribe: RSS
SHOW NOTES FOR EPISODE 339: USING DATA ANALYTICS FOR MORE EFFECTIVE REAL ESTATE INVESTING Good data drives successful real estate investing. And with today’s technology, it is possible to crunch more data than ever before to make the best investment decisions. In today’s podcast episode, entrepreneur, engineer, real estate investor and syndicator Raj Tekchandani shares his success secrets on how he leverages comprehensive due diligence utilizing data analytics for a competitive edge. What You Will Learn How to utilize…
Podcast: Play in new window | Download
Subscribe: RSS
SHOW NOTES FOR EPISODE 338: 9 GREAT WAYS TO FIND THE BEST PROPERTY DEALS As the US housing market reaches an all-time high, it’s becoming more and more challenging to find the best rental property deals. In this podcast episode, Bill explores 9 of the most effective strategies to find great deals in a competitive marketplace. Do you ever wonder how successful investors find real estate deals they can turn for profits? You’re not alone. It…
The market for new houses is now experiencing a great increase in sales and profit. Old houses are now being traded for newer ones. A great way to finance your new home purchase is through a good mortgage. If there are instances that you are not eligible because of some credit concerns, you should not worry. You can still plan for it in the future. It is probable that in a relatively short period…
Podcast: Play in new window | Download
Subscribe: RSS
SHOW NOTES FOR EPISODE 337: THE POWER OF THE 1031 EXCHANGE – PART 2 The dynamic capital gains deferring 1031 Exchange is perhaps the most misunderstood, yet powerful, wealth-building tool for all real estate investors. Yet few investors really understand the scope and benefits of this invaluable tool. In this second episode of a two-part podcast series, author, journalist, attorney, accountant and real estate investor Michael Lantrip concludes this information-packed podcast series with more insider information and a case study…
Podcast: Play in new window | Download
Subscribe: RSS
SHOW NOTES FOR EPISODE 336: INVESTING IN TINY HOUSES One of the great things about real estate investing is that there are many different strategies and niches through which an investor can create wealth. In today’s episode, Bill explores a little known niche that few investors have yet to try – tiny houses – a low cost strategy that can yield big returns. Tip of the day Great Book: “The Book on Managing Rentals” by Brandon…
Being an investor is a lot like owning your own business. You have money and people to manage, important financial decisions to make, and systems that represent your strategy. While these assets and operations result in successful and profitable deals, there are always problems arising, just like in a normal business, that can slow down productivity and progress of whatever activity is currently in motion. A problem with many investors is that…
Podcast: Play in new window | Download
Subscribe: RSS
SHOW NOTES FOR EPISODE 335: THE POWER OF THE 1031 EXCHANGE – PART 1 The dynamic capital-gains-deferring 1031 Exchange is perhaps the most misunderstood, yet powerful, wealth-building tool for all real estate investors. Yet few investors really understand the scope and benefits of this invaluable tool. In this first episode of a two-part podcast series, author, journalist, attorney, accountant and real estate investor Michael Lantrip digs deep into the Section 1031 IRS ruling to share…
Podcast: Play in new window | Download
Subscribe: RSS
SHOW NOTES FOR EPISODE 334: HOW TO ACQUIRE PROPERTIES WITH NO OR LITTLE MONEY DOWN Can or should you try to put as small a down payment as possible on an investment property? Can you still acquire investment properties for little or no money down? In this podcast, Bill explores these questions and shares information on where you can obtain loans that require little or no down payment. Before I show you how to acquire…
There are real estate investing “tricks” and techniques that you may know, or want to know. There are new ways of doing things that are worth learning. Knowing about the latest types of financing is another way can also help. Before all of these, however, you need to learn some basic principles. Here are six of them. Build relationships. Understand the numbers. Reduce risk. Be prepared. Set goals. Learn, and apply what…