Month: August 2022

By David Dixon One of the best ways to diversify your investments is to get into the short-term rental property market. When you invest in a short-term vacation home rental, there are many amazing possibilities to grow your wealth long term. Before making this decision, however, be sure you’ve answered these critical questions, as well as explored the many pros and cons outlined by Redfin, so you can be confident that your investment will pay…

SHOW NOTES FOR EPISODE 653: REAL ESTATE LEGAL ISSUES IN TODAY’S ECONOMY Lawsuits are definitely something real estate investors want to avoid. But did you know that lawsuits increase significantly during inflationary and recessionary cycles?  In today’s podcast, attorney, real estate investor and entrepreneur Scott Royal Smith shares how you can avoid the onslaught of frivolous law suits by doing just two things! What You Will Learn Why, when economies are struggling, is there…

SHOW NOTES FOR EPISODE 652: I’M BAAAACK! Retirement is definitely a new season in a person’s life.  Some people embrace it.  Others consider it a dirty word.  And still others just ignore it.  In this episode, Bill shares how he finally came to terms with his own retirement as he launched a 32-hour transplant road trip leaving California to move to beautiful Tennessee. Hey fellow old dawgs!  Man I have missed you guys! However, hopefully…

Properly underwriting the value of an apartment building is critical to finding and making great deals. Generally, a bank will use three different ways to assess an apartment asset’s value. The sales approach The replacement approach The income approach The sales approach – looks at other comparable properties and what they have recently sold at in the area.  Like residential real estate comps. The replacement approach looks at how much it would cost to create…

SHOW NOTES FOR EPISODE 651: HANDS-OFF REAL ESTATE INVESTING With increasing inflation and recessionary concerns in today’s economy, many investors feel that the only wise place to invest is in real estate.  In today’s podcast, author, public speaker, real estate investor and CEO of Praxis Capital Inc. Brian Burke shares how and why passive real estate syndications have become a leading investment strategy. What You Will Learn How to invest in real estate with absolutely no money Creative…

SHOW NOTES FOR EPISODE 650: HOW TO FIND BELOW MARKET PROPERTIES One key strategy for real estate investing success is finding good investment properties that are priced under market value.  However, in today’s sellers market, finding these “diamonds in the rough” can be challenging.  In today’s podcast episode, Bill shares some tried and true strategies that will help you both identify and acquire these properties. Finding below market value homes for sale is entirely possible. …

By Evelyn Long When renting an apartment, a tour is essential for many people. It helps them envision if they can call the property home, so ensuring you provide an efficient apartment tour is vital. Here are a few tips to help you get started. 1. Set Up Your Time Blocks Having set time blocks can create a more efficient process. It can allow you to schedule more tours in one day….

SHOW NOTES FOR EPISODE 649: RICH DAD ROBERT KIYOSAKI REVEALS WHY THE RICH ARE GETTING RICHER Have you ever wondered why you work so hard, save and invest, yet never seem to get ahead financially?  In this episode, Rich Dad Poor Dad author Robert Kiyosaki talks about why most people never  get out of the rat race.  He also talks about his book, Why the Rich Are Getting Richer and why we need to prepare for…

SHOW NOTES FOR EPISODE 648: JUST DO IT! One of the most difficult things for new real estate investors is just taking that first step – making that first purchase.  In today’s podcast, Bill shares how he made his first purchase and explores some of the common obstacles many new investors encounter that prevent them from investing and how you can overcome those challenges. Tip of the week: FIVERR.com FIVERR is a great online resource…

Why would you buy investment property without seeing it?  It’s a numbers game.  Whether or not you see the property before you make an offer isn’t nearly as important as making sure the numbers make sense. A man in California used to just send out offers on a hundred MLS listings at a time, offering 25% less than the asking price on each one.  Occasionally a few sellers would accept his offers….