In real estate investing, the quality of contacts and relationships you make is essential to your success. A good portion of this business relies on how you interact with brokers, buyer, sellers, engineers and city municipalities. In order to build a solid contact list that is sure to pull you through any situation, there are some key actions you must make with every person you come in contact with. Build Relationships Many…
SHOW NOTES FOR EPISODE 085–FINDING THE BEST PROPERTY MANAGER Growing your real estate investment portfolio from one duplex up to 64-units can be both very profitable and extremely challenging. This weeks guest, Mark Walker, shares his journey to success, along with a few of the pitfalls along the way, including how to find a good property manager. What You Will Learn How he went from a duplex to over 64 units The…
SHOW NOTES FOR EPISODE 084–10 BEST WAYS TO BUY A PROPERTY WITH LITTLE OR NO MONEY DOWN Sometimes, the toughest part of real estate investing is just getting started. Making that first purchase. All too often we find it so much easier to just keep putting it off. Making excuses. Well, I haven’t found the right property. I don’t know enough. Maybe after this seminar or boot camp I will Analysis paralysis…
Just because real estate prices seem to have hit a temporary ceiling in many countries around the world, that doesn’t mean that profits from property investments are hard to come by. Even during a real estate market slowdown, stagnation or depression profits can be made locally and overseas. This article shows you the top ten tips that real estate investors apply to their property portfolio building strategy to ensure success from their…
SHOW NOTES FOR EPISODE 083 – FLIPPING RAW LAND WITH MARK POLDOLSKI You’ve heard of flipping houses, but did you know that there are also people who are making a killing flipping raw land. In this episode, Mark Poldolsky shares his personal story of how he stubbled into flipping raw land, made more money than he ever dreamed and is now sharing this untapped real estate investing niche with others. What You Will…
SHOW NOTES FOR EPISODE 082–WHAT IS A 1031 EXCHANGE? Many people who sell an investment property believe that federal capital gains from that sale must always be handed over to the IRS. This is not always the case. IRS Code Section 1031 offers investors the opportunity to reinvest federal capital gains from a sale if you swap that property for another…and it does not always have to be for ‘like property’ either! …
If you are serious about real estate investing, you need to know the basic “lingo” spoken by other investors. Nothing is worse than having a conversation with someone you want to impress when you realize you haven’t understood a word they’ve said in the last 30 minutes. To help you be better prepared as you network with others and try to grow your real estate holding, we’ve put together a handful of common terms that most investors should…
SHOW NOTES FOR EPISODE 081 – APARTMENT BUILDING INVESTING WITH CHRIS URSO Chris Urso was living in his parents basement trying to figure out what to do with his life when he read a book that transformed his life. The book was Rich Dad Poor Dad by Robert Kiyosaki and it motivated Chris to jump into real estate investing with a fury. In this episode, Chris shares how he jumped in from…
SHOW NOTES FOR EPISODE 080 – SHOULD YOU PAY FOR A MENTOR? Mentors are a critical element of real estate investing success. In this episode, Bill discusses mentors and examines the question of whether or not it’s worth it to pay for a mentor. We have discussed quite a bit about mentors in the last few months because I believe it’s an important requirement for real estate investing success. In episode #006, on…
Oh, that’s an easy one. I can answer that in one word. FEAR. Real estate investment is a great way to change just about everything in your life, but it’s one of those things where doing it for the FIRST time is the toughest. In fact, the second is exponentially easier! It’s fear folks, plain and simple! And why doesn’t that make much sense to me? Consider that: “Everyone knows that the…