To market your property, you are going to need to have some choice photographs. Before whipping out the camera, however, you need to give some thought to the process. Why Photographs for Your Listing Are Important One of the most important things that will set your property out from others is photographs. When a buyer is looking in MLS, on the internet or in some other location, photographs draw their attention. Is…
SHOW NOTES FOR EPISODE 217: HUSBAND AND WIFE TURN $50K EQUITY LOAN INTO $56 MILLION REAL ESTATE PORTFOLIO IN JUST 5 YEARS When James Kandasamy and his wife took out a $50,000 home equity loan to invest in real estate, they never dreamed the loan would turn into over 800 units and $56 million in real estate assets 5 years later. In this podcast, James shares how he discovered the power of leverage, multifamily re-positioning and effective asset…
SHOW NOTES FOR EPISODE 216: ASK BILL! MOST COMMON REAL ESTATE MISTAKES AND BEST STATES TO INVEST This is our monthly Fun Fact Friday “Ask Bill!” episode, where I answer specific real estate investing questions received during the month from e-mails, in-person conversations, phone calls or through online portals such as BiggerPockets.com and Quora. We learn from our mistakes and we can also learn from the mistakes of others. In today’s monthly “Ask Bill!” episode, Bill shares some of…
So you need to sell your home? This article will help you to sell your home and create a bunch of leads who are HOT prospects to buy your home. Before, we share 3 unique ideas on selling your homes, you need to take a few simple steps… 1. PREPARATION Find a Good Mortgage Broker You need to locate and interview an aggressive Mortgage Broker, very knowledgeable, with a GREAT TRACK RECORD of closing deals, especially…
SHOW NOTES FOR EPISODE 215: HOW TO MAKE BIG MONEY IN SMALL APARTMENTS Lance Edwards was stuck in a 60-hour-a-week dead-end corporate job and still couldn’t make ends meet. As he sought other ways to generate additional income on the side, he stumbled upon real estate investing. Within three years, he was able to quit his corporate job and hasn’t looked back since. In this episode, Lance shares his secrets for success and why he…
SHOW NOTES FOR EPISODE 214: PROS AND CONS OF TURNKEY RENTALS If you are a real estate investor, especially a new or part-time investor, you may have considered buying a turnkey rental property. The ease and simplicity of buying a rent-ready turnkey is very appealing, especially if you have limited time and/or experience. However, before you can decide whether turnkeys are for you, you should be aware of the main advantages and disadvantages. In this podcast,…
Where are the best investment real estate locations? If you have enough experience investing in real estate, you can make money almost anywhere, but there are always places that are better or worse for real estate investments. For maximum profits, you want places that have a better demand/supply ratio. You can use the questions below to find them. Real Estate Demand 1. Job Growth Does the area have decent job growth? Ask…
SHOW NOTES FOR EPISODE 213: HOW TO MAKE $10,000 MONTHLY WITH A SINGLE FAMILY HOME As real estate investors, we are always looking for ways to generate good cash flow in retirement. To generate $10,000 a month, assuming a net cash flow of $100 per door, you could buy 100 houses or a 100-unit apartment building. Or, you might want to consider what Gene Guarino, today’s podcast guest recommends, “Why not buy a single family home that…
SHOW NOTES FOR EPISODE 212: HOW TO RESEARCH PROPERTY CRIME STATISTICS For any property purchase, it’s critical that you know the crime statistics of a potential neighborhood you are considering for investment. After all, the safety of your tenants, the vulnerability of your property to vandalism and abuse, as well as the long-term impact to your property’s resale value, are fundamental to smart real estate investing. In this podcast episode, Bill examines this critical area and…
One thing that many people do not realize is that learning to invest in real estate is a process. They don’t realize that because they often only see the end result – a prosperous person with a Midas Touch, or a person who always finds themselves in an avalanche of great deals. They think the person was just in the right place at the right time. Someone who has truly begun…