Year: 2020

SHOW NOTES FOR EPISODE 386: 7 TIPS TO AVOID MAKING A BAD REAL ESTATE INVESTMENT Tips of the Week PATIENCE, PERSISTENCE AND PERSPIRATION MAKE AN UNBEATABLE COMBINATION OF SUCCESS 3-Minute Rental Property Analyzer Weekly Newsletter (go to http://olddawgsreinetwork.com/ and click on “Sign Up” button in upper right hand corner) 7 Tips to Avoid Making a Bad Real Estate Investment Bad deals in real estate are everywhere.  Unfortunately, quite a few novice investors fall into…

Ages ago, people lived in elaborate and magnificent castles that were often protected by moats.  A moat is a wide, deep ditch dug around a castle to prevent enemies from overtaking the castle.  By surrounding the castle with water, moats served as an effective deterrent and provided the castle with the security it needed to prosper. Today, many of us live in our own plain and simple financial castles that are much…

SHOW NOTES FOR EPISODE 385: 2020 MARKET OUTLOOK Will the next recession hit in 2020? What will happen to real estate prices? How should we invest?  In today’s podcast episode, returning guest and CEO of MultifamilyU Neal Bawa shares his insights on the current economy, issues directly affecting real estate investors and prudent strategies to invest today and still profit big! What You Will Learn Will 2020 have a recession? What key things…

SHOW NOTES FOR EPISODE 384: THE REI CLEANSE There comes a time with real estate investors where you need to re-evaluate your goals, focus and refine your portfolio.  As farmers know well, strategic and effective pruning yields a bountiful harvest.  In this podcast, Bill shares how he is letting go of certain properties in order to better direct his time, effort and resources to achieve greater objectives. Tip of the Day Make a commitment to…

Are high-profit real estate deals only for the wealthy?  Is it possible to buy with no money down?  Do you really have to know the “right” people?  Let’s answer by looking at some of the myths of real estate. 1. The good real estate deals are reserved for the wealthy. Of course money helps, but your first deal could be a deal where you put NO MONEY DOWN, if you you seek this…

SHOW NOTES FOR EPISODE 383: FROM REALTOR TO REAL ESTATE INVESTOR TO AIRBNB MAVIN From a renter struggling to pay her rent and living on food stamps, to owning several BNB homes and running a six figure short term rental property management company, Rachel Prince is all about optimizing your assets!  In today’s podcast, Rachel will share some of her insider secrets of how you can quickly ramp up your own AirBNB business for instant…

SHOW NOTES FOR EPISODE 382: TOP 10 REAL ESTATE INVESTING MARKETS FOR 2020 Tip for the Week If you’re an out-of-state investor and you need work done on your property in a hurry, check out these resources. TaskRabbit.com Handy.com HomeAdvisor.com Introduction We all know that real estate is about location, location, location. But the important question for real estate investors is really…  which location is best for investing? We talk a lot about…

Classic business philosophy teaches that a great part of survival and subsequent success lies in an operation’s ability to reduce mistakes.  The cost of repairing the mistakes is inversely proportional to the amount of profit potential of the operation.  In other words…”Mistakes Kill the Profit Margin!!!!!” As landlord’s, we don’t want to do damage to the precious profit margin we fought so hard to nurture.  A landlord’s profit margin struggles every day…

SHOW NOTES FOR EPISODE 381: REAL ESTATE INVESTING WITH NO START-UP FUNDS After more than 40 successful years buying, holding and selling properties, Lou Brown has never had to get a bank loan nor qualify for a loan.  He has mastered the art of creative financing and investing in real estate without tenants.  In today’s podcast, Lou shares some of his insider secrets on how he is able to acquire properties without ever having to work…

SHOW NOTES FOR EPISODE 380: THE REI DO-OVER There is one constant when it comes to real estate investing – it is generally unchanging, solid and consistent.  But, at the same time, it is always changing.  Does that sound contradictory?  It is, but, in reality, they’re both right!  For the real estate investor, change must be factored into everything you do.  In this episode, Bill examines the importance of regularly monitoring, revising and adapting…