Month: February 2022

SHOW NOTES FOR EPISODE 601: INVESTING STRATEGIES FOR THE NEW REAL ESTATE MARKET Where can you invest $80 and make $800,000?  Only in real estate!  In today’s podcast, author, coach and real estate investor Chris Prefontaine shares the strategies he and his students regularly employ to make insane profits and achieve financial independence. What You Will Learn What a lease purchase is and how you can make serious money with it How you can make $100,000…

SHOW NOTES FOR EPISODE 600: THE IMPORTANCE OF YOUR REI TEAM Previous episodes of our 10 steps to Real Estate Investing Success series have thus far included: 590: Is Real Estate Investing For You? 592: What Type of Real Estate Investing is For You? 594: Building a Winning REI Strategy! 596: Knowing Your Numbers 598: The Business of Real Estate Investing The Importance of Your REI Team Real estate investing is not a solo…

By Evelyn Long After years of dedicating your time to a career or side hustle in real estate, many people find that retirement gives them a new sense of freedom – including where they get to live.  As a real estate investor, you have the advantage of pre-existing knowledge about real estate markets, taxes and long-term savings. That’s why thinking through your future retirement home now is an excellent idea.  Obviously, your…

SHOW NOTES FOR EPISODE 599: FLIPPING IN A BOOMING HOUSING MARKET From a young immigrant from Argentina with no financial literacy to a celebrated real estate investor, author and coach, Joe Arias is living proof that anyone can become wealthy with real estate investing.  In this episode, Joe shares how he mastered wholesaling, flipping and rental property investing in just 10 years. What You Will Learn How you can find good flipping deals in…

SHOW NOTES FOR EPISODE 598: THE BUSINESS OF REAL ESTATE INVESTING If you are generating income and/or a profit through your real estate activities, you are in a business.  And if you don’t treat it as such, not only will you miss out on tremendous opportunities but you could face legal issues down the road.  In today’s podcast, Bill will discuss the basic business foundations you need to not only protect yourself and your…

Why should you consider refinancing real estate investments instead of selling them?  Maybe you’ve owned a rental property for years, you’ve paid down the mortgage, the value is up, and you want to cash in on that equity.  You will do better to refinance.  Here’s why. There are two problems with selling.  First, selling means paying a large capital gains tax.  You can avoid this if you reinvest through a 1031 exchange,…

SHOW NOTES FOR EPISODE 597: LIGHTING CARS ON FIRE TO INVEST IN OLD HOMES How can a failed stand-up comedian, who lit his car on fire to raise money for his pre-foreclosure home, ever succeed in real estate? In this week’s podcast, failed comedian, philanthropist and real estate investor John Maxim shares how a starving student (himself) discovered a profitable niche that allowed him to invest in real estate by buying old homes….

SHOW NOTES FOR EPISODE 596: KNOWING YOUR NUMBERS There are lots of numbers you need to know in real estate investing to be truly effective and successful.  Almost everything you will do in real estate investing is based on numbers. In today’s podcast, Bill shares what those numbers are and how you can learn to master those numbers for real estate investing success. Knowing Your Numbers I hope you are enjoying our series, Ten Steps to…

by Daniela Gonzalez Property value has many moving parts, especially for something that itself doesn’t, well, move. The factors involved in determining property and home value are sliding scales of perception, priority, and personality. What is important to some may be a deterrent to others, so coming to a consensus on the value of a property has numerous considerations. How Is Home Value Determined? Size This one is pretty straightforward – larger homes…

SHOW NOTES FOR EPISODE 595: TRANSITIONING FROM ACTIVE TO PASSIVE REAL ESTATE INVESTING There comes a time in many real estate investors careers where they no longer want to be active investors.  In this episode, personal finance expert, author and real estate investor Rachel Richards shares how and why she quickly built a significant real estate portfolio, retired at age 27 and is now transitioning from an active to passive investor. What You Will Learn Why Rachel…