In today’s fast-paced world, finding a home that promotes wellness is more important than ever. As a renter, you are likely looking for a space that not only meets your basic needs but also enhances your overall quality of life. Healthy housing is a concept gaining traction, emphasizing elements that contribute to physical and mental well-being. This approach to living spaces is essential for fostering a thriving lifestyle, offering more than just…
Turning $10,000 into $1 million through real estate isn’t magic—but it’s also not easy. It requires strategy, patience, leverage, and a willingness to think beyond traditional “buy and hold” advice. The good news? It is possible, and many investors have done it by stacking small wins into exponential growth. Here’s how that journey typically works. Start With Strategy, Not Property The biggest mistake new investors make is focusing on what to buy…
Real estate investing continues to be one of the most reliable ways to build wealth, but not all strategies perform equally in every market cycle. Rising interest rates, shifting demographics, and changing housing demand have created both challenges and opportunities. Investors who adapt to current trends are finding strong profits in several key areas. So, what are the most profitable real estate investing strategies today? The answer depends on your capital, risk…
For decades, real estate investing has been one of the most reliable paths to building long-term wealth. Stories of investors buying low, riding appreciation waves, and generating passive income have fueled a kind of “golden era” narrative. But with rising interest rates, affordability challenges, tighter lending standards, and shifting market dynamics, many are asking a critical question: Are the glory days of real estate investing over? The short answer: no—but they have…
Real estate has long been one of the most reliable paths to building wealth, but not everyone wants the responsibility of managing tenants, fixing toilets, or dealing with late-night phone calls. Fortunately, there are multiple ways to invest in real estate passively—earning income and benefiting from appreciation without ever becoming a landlord. Whether you’re just getting started or looking to diversify your portfolio, passive real estate investing can be a powerful strategy….
Investing in real estate can be a powerful way to build wealth, but many new and even experienced investors underestimate the hidden costs that come with owning property. While the purchase price and mortgage payments are obvious expenses, a host of other costs can quietly erode your returns if you’re not careful. Understanding these hidden costs—and knowing how to avoid them—is essential for any savvy investor. 1. Maintenance and Repairs Properties age,…
The real estate market is entering a new era. Rising interest rates, shifting demographics, evolving technology, and changing tenant preferences are reshaping how successful investors approach opportunities. The strategies that worked a decade ago are no longer enough. To thrive in 2026 and beyond, investors must adapt, think creatively, and focus on long-term sustainability. 1. Focus on Cash Flow Over Appreciation In today’s higher interest rate environment, speculative appreciation is no longer…
For investors over fifty, it is not about slowing down. For many people, it is the moment when experience, patience, and clarity finally align. With decades of financial lessons behind you and clearer goals ahead, this stage of life offers a powerful opportunity to invest wisely while protecting long-term stability. Smart financing choices play a central role in making that balance possible. Whether you are expanding a property portfolio, diversifying income streams,…
Interest rates have always played a critical role in real estate investing, but the recent shifts in borrowing costs have dramatically reshaped the landscape for investors of all sizes. After years of historically low rates, the rapid increases driven by policies from the Federal Reserve have forced investors to rethink how they analyze deals, finance acquisitions, and generate returns. For both new and experienced investors, understanding how higher interest rates affect the…
Real estate investors today have more options than ever when it comes to generating income from rental properties. Two of the most common strategies are short-term rentals and long-term rentals. Each approach can be profitable, but the right choice depends on factors such as location, management style, risk tolerance, and investment goals. Understanding the differences between these two strategies can help investors decide which one offers the best return for their situation….
Real estate investing involves purchasing properties to generate income rather than for personal use. This could include residential homes, commercial buildings, or land. The goal is to make a profit through rental income, property appreciation, or both. As an investor, you have the opportunity to diversify your financial portfolio, providing a buffer against market volatility. When you invest in real estate, you’re not just buying physical structures; you’re investing in a tangible…
Building a multi-million dollar real estate portfolio from nothing may sound impossible—especially if you’re starting with limited capital, no connections, and no experience. But real estate has long been one of the most accessible wealth-building vehicles in America because it rewards strategy, patience, and persistence more than pedigree. If you follow a proven framework, scale intentionally, and reinvest wisely, you can build substantial wealth over time. Here’s how to do it step…
Real estate investors are always searching for the next breakout market—the city that combines job growth, population inflow, affordability, and landlord-friendly policies. While major coastal cities often dominate headlines, the real opportunities frequently emerge in secondary and tertiary markets where prices are still reasonable and growth is accelerating. Here are some of the top emerging real estate markets to consider this year. 1. Huntsville Huntsville continues to shine as one of the…
In real estate investing, speed matters. The best deals are often won by the investor who can quickly determine whether a property is worth pursuing—or walking away from—before spending hours on deep analysis. While full underwriting is essential before making an offer, you can screen most deals in under 10 minutes using a simple, repeatable framework. Step 1: Identify the Strategy (1 Minute) Before running any numbers, clarify the investment strategy. Is…
Why Rental Properties Are One of the Most Reliable Wealth-Building ToolsRental properties have long been a cornerstone of wealth creation because they combine steady cash flow, appreciation, tax advantages, and leverage. Unlike stocks that rely solely on market performance, rental real estate allows investors to influence outcomes through smart purchasing, management, and financing. Over time, tenants help pay down the mortgage, while property values and rents tend to rise, creating compounding wealth….
Start With Clear Investment Goals Real estate investing has created more long-term wealth than almost any other asset class, yet beginners often feel overwhelmed by the sheer number of strategies, opinions, and market conditions. The truth is that successful real estate investing is not about chasing the latest trend but about applying time-tested principles consistently. Understanding these proven strategies can help new investors reduce risk, avoid costly mistakes, and build confidence as…
Most investors eventually run into limits with bank loans. Lenders cap how many mortgages you can hold. Their conditions slow down deals. You need tools that keep your portfolio growing. To stay competitive, you must explore funding strategies every seasoned investor should know that let you move faster and structure deals around your goals. These methods support flexibility, preserve liquidity, and offer real alternatives when banks say no. When Bank Financing Becomes…
New real estate investors tend to focus on the most visible and familiar opportunities—single-family homes, small multifamily properties, or turnkey rentals. While these can be solid entry points, they often distract beginners from a category of properties that quietly delivers strong returns, scalable growth, and reduced competition. The most commonly missed opportunity by new investors is small to mid-sized multifamily and mixed-use properties, particularly those that are mismanaged or under-optimized. Why New…
At 60 years old, most people imagine winding down their careers, preparing for the next chapter, or stepping confidently into retirement. My reality was very different. After serving as a missionary for 20 years—literally living by faith and relying on God’s provision—I found myself with virtually no retirement savings. No pension. No nest egg. No financial safety net. What I did have was a conviction: if I was going to build a retirement fund,…
Real estate has long been viewed as one of the most reliable ways to build wealth, but traditional ownership isn’t for everyone. High purchase prices, management responsibilities, and market risk can discourage investors who still want exposure to real estate. Fortunately, there are several ways to invest in real estate without ever owning or managing physical property. These strategies allow investors to benefit from real estate income, appreciation, or debt returns while…
As real estate investors look beyond traditional single-family rentals and multifamily properties, two alternative asset classes are gaining attention: farmland and tiny homes. Both are often marketed as affordable, resilient, and future-proof investments—but are they actually worth pursuing? The answer depends on your goals, risk tolerance, and investing style. Let’s take a clear-eyed look at the pros, cons, and return potential of each. Investing in Farmland: Stability Over Speed Farmland investing is…
As the 2026 real estate landscape takes shape, investors are asking one of the oldest questions in the business: Should I flip houses or buy rentals this year?The truth is that both strategies can work—but market conditions, interest rates, and your investment goals make one approach far more advantageous than the other depending on your situation. Below is a breakdown of both strategies, what’s changing in 2026, and how to evaluate the…
Many people seek steady financial support after they stop working, as rising costs can stretch savings. Early planning supports your budget, shields emergency funds, and lowers stress. A smart approach reduces reliance on retirement accounts. Many retiring owners build an income stream through real estate because rent can repeat monthly and often increases with inflation. This protects savings and supports consistent cash intake. A plan can grow slowly and still offer meaningful…
What is a Real Estate Syndication? Real estate investors often reach a point where scaling becomes difficult. Limited capital, time restrictions, and a lack of access to larger deals can stall growth. A real estate syndication solves this by allowing multiple investors to pool resources to purchase bigger, more profitable properties—such as multifamily complexes, self-storage, or industrial assets. How Syndications Are Structured A syndication typically includes two roles: general partners (GPs) and…
In recent years, there has been a noticeable shift in what prospective homeowners prioritize when searching for a new neighborhood. The fitness-minded buyer is increasingly seeking environments that facilitate their active lifestyles. These individuals are not merely looking for a place to live; they are searching for communities that align with their health and wellness goals. Understanding their needs can help in identifying neighborhoods that are more likely to attract this demographic….
Tax planning has always been one of the most powerful wealth-building tools in real estate. But 2025 brings several new considerations—shifting depreciation rules, evolving IRS guidance, and changing market dynamics—that make proactive strategy more important than ever. Whether you’re a seasoned investor or just building your portfolio, applying the right tax strategies now can significantly increase your after-tax returns. 1. Leverage Cost Segregation Studies Early A cost segregation study remains one of…
The BRRRR Method—Buy, Rehab, Rent, Refinance, Repeat—has long been a favored strategy among real estate investors looking to scale quickly and build equity-rich portfolios. But with higher interest rates, rising rehab costs, and tighter lending standards, many investors are asking: Is BRRRR still a winning strategy today? The short answer: Yes—but not in the same way it used to be.BRRRR still works, but investors must adapt their expectations, run much tighter numbers,…
Building a profitable real estate portfolio is one of the most reliable ways to generate passive income, hedge against inflation, and create long-term wealth. Whether you’re a first-time investor or looking to scale your holdings, success in real estate comes from using the right strategies, staying disciplined, and understanding market dynamics. Here are time-tested tactics for building a portfolio that performs in any economic climate. 1. Start With Clear Investment Goals Every…
Artificial intelligence (AI) and Big Data are changing the way investors identify, analyze, and manage real estate opportunities. What was once a market dominated by intuition and experience is now driven by data-backed insights and predictive technology. Investors who embrace these tools are gaining unprecedented advantages in speed, accuracy, and profitability. Smarter Property AnalysisTraditionally, evaluating a property involved time-consuming research, spreadsheets, and manual comparisons. Today, AI platforms process massive datasets—such as neighborhood…
Real estate investors are always on the lookout for markets that offer high growth potential before they hit the mainstream. Emerging markets often provide a sweet spot—lower entry prices, rising demand, and the opportunity for significant appreciation over time. As global and domestic economic conditions shift, new investment hotspots continue to surface. Here are the top 10 emerging markets for real estate investment that smart investors are watching closely in 2025. 1….
In the bustling fabric of city life, urban fashion pop-ups have emerged as a dynamic force, reshaping the landscape of retail and creativity. These temporary retail spaces, often set up in vacant urban real estate, provide a canvas for designers, artists, and entrepreneurs to showcase their talents. As urbanization continues to rise, fashion pop-ups offer a flexible and innovative solution to the challenges faced by traditional retail. They not only bring life…
As of late 2025, the real estate landscape is shifting. Rising interest rates, inflation, changing work habits, climate risks, and demographic transitions are all reshaping which markets and property types are most attractive. Below are key trends and “where to buy” opportunities being favored by investors. Key Macro Trends Shaping Investor Behavior Interest Rates and Credit CostsMortgage and financing rates remain elevated compared to recent historical lows. This makes the cost of…
Real estate has long been considered one of the most stable and rewarding investment opportunities. It offers the potential for long-term appreciation, consistent cash flow, and a tangible asset you can control. With the rise of self-directed retirement accounts and more people looking to diversify beyond traditional stocks and bonds, using retirement funds for real estate investing has become increasingly popular. But before diving into this strategy, it’s essential to understand how…
Real estate syndications are often promoted as a smart way to diversify your portfolio, gain access to larger deals, and earn passive income. However, like any investment, syndications carry risks—and sometimes those risks materialize. Whether it’s poor management, unexpected market shifts, or economic downturns, syndication deals can fail to meet expectations or even lose money. If you find yourself in a syndication that isn’t performing as planned, here are key steps to…
Sleep is a fundamental component of a healthy lifestyle, essential for both physical and mental well-being. When you sleep well, you allow your body to repair itself, consolidate memories, and regulate hormones that control appetite and stress. Chronic sleep deprivation can lead to a myriad of health issues, including obesity, diabetes, cardiovascular diseases, and impaired cognitive function. Adequate rest is not merely a luxury but a necessity for maintaining optimal health. The…
Real estate has long been one of the most reliable ways to build wealth, but many aspiring investors believe they need massive amounts of cash to get started. The truth is, you don’t need to be wealthy to begin your real estate journey. With the right strategies, you can start building a portfolio—even with limited funds. 1. House Hacking House hacking is one of the most affordable entry points into real estate…
Investing in real estate has long been a proven way to build wealth, generate passive income, and diversify a portfolio. In 2025, with shifting housing markets, evolving mortgage rates, and new real estate tech platforms, opportunities for first-time investors are stronger than ever. Whether you’re looking for a rental property, a vacation home, or simply a long-term wealth-building asset, this step-by-step guide will walk you through the process of buying your first…
Investing in rental properties is one of the most popular ways to generate steady income and build long-term wealth. But one of the first questions every landlord faces is: Should I rent my property on a short-term or long-term basis? Both strategies can be profitable, but they cater to different markets, require different levels of involvement, and come with distinct advantages and drawbacks. Below, we break down the pros and cons of…
Real estate investing offers exciting opportunities for wealth building, but success often depends on quick access to capital. Whether you’re flipping houses, purchasing rental properties, or acquiring distressed assets, having the right financing in place can make or break a deal. Long-term mortgages aren’t always suitable for fast-moving investments, which is why short-term financing solutions have become essential tools for modern investors. Learn all about short-term financing solutions for real estate investors,…
Real estate remains one of the most time-tested paths to building long-term wealth. For both new and seasoned investors, choosing between commercial and residential properties can shape the trajectory of a portfolio. Each property type has its unique risks, benefits, and strategies. Understanding these differences is essential to making smart, profitable decisions. 1. Understanding Residential and Commercial Properties Residential Properties include single-family homes, duplexes, triplexes, townhouses, and apartment buildings with four units…
Real Estate Investment Trusts (REITs) offer a way for everyday investors to gain exposure to real estate without owning physical property. REITs are companies that own, operate, or finance income-producing real estate across a range of sectors. But how do you get started with REITs, and are they too risky to be worth it? Let’s break it down. What Are REITs? A REIT is a company that pools money from investors to…
When it comes to building long-term wealth and financial independence, two popular avenues often come to mind: investing in real estate and starting a new business. Both paths have produced countless millionaires, but each comes with its own set of risks, rewards, time commitments, and scalability. If you’re weighing your options, understanding the key differences can help you choose the right path based on your goals, resources, and risk tolerance. 1. Startup…
Recession isn’t just a buzzword. It’s a punch in the gut, a reminder that markets don’t care about plans or peace of mind. But if you’re reading this, it means you’re not planning to curl up and wait for the storm to pass. You want to pivot, protect, and possibly even profit. That’s good, because the difference between those who struggle and those who weather it well isn’t always luck — it’s…
House flipping—buying, renovating, and reselling properties for profit—has long been a lucrative strategy for real estate investors. But it’s not as simple as it looks on TV. To flip houses like a pro and maximize your return on investment (ROI), you need a strategic approach, solid financial planning, and a keen eye for detail. Here’s how to do it right. 1. Do Your Market Research Before you even begin looking at properties,…
Real Estate Investment Trusts (REITs) offer investors an accessible way to gain exposure to income-producing real estate without the need to buy or manage properties directly. With their attractive dividends and portfolio diversification benefits, REITs can be a powerful component of a well-rounded investment strategy. However, not all REITs are created equal. To choose the most profitable REITs, investors must know what to look for and how to assess each opportunity. This…
Retirement doesn’t mean you stop planning for the future. For many retirees, investing in real estate with a limited budget offers a chance to grow wealth or secure steady rental income. If you’re staying put or relocating for retirement, there are smart ways to make it work, even on a modest retirement fund. The key is to take a thoughtful, realistic approach, understand the risks, and focus on affordable strategies that bring…
Real estate investing has long been a proven pathway to financial independence and wealth creation. While the journey can be challenging, the stories of those who have successfully navigated this field offer inspiration and practical lessons. Here are a few remarkable success stories from real estate investors who turned their dreams into reality. 1. Brandon Turner: The Power of Small-Scale Investing Brandon Turner, a renowned real estate investor and former host of…
Investing in real estate with intention goes beyond seeking financial returns; it’s about fostering communities that thrive and support the well-being of their residents. Intentional investing requires a deliberate focus on the social, economic, and environmental impacts of real estate projects. When you invest with purpose, you contribute to the creation of spaces that enhance quality of life, promote sustainability, and support communal growth. Intentional real estate investing involves a meticulous evaluation…
Investing in real estate can be one of the most rewarding ventures—offering both passive income and long-term appreciation. However, one of the most overlooked yet critical aspects of real estate investment is understanding and navigating zoning laws. Whether you’re eyeing residential rentals, commercial properties, or development projects, zoning regulations can make or break your investment. What Are Zoning Laws? Zoning laws are local regulations that govern how land can be used within…
Investing in real estate is a proven path to building wealth, but what happens when you’re trying to do it while managing a full-time job? It’s a reality for many aspiring investors who are looking to secure their financial future without sacrificing the stability of their primary income. Balancing real estate investment with a 9-to-5 job is challenging, but with the right strategy and mindset, it’s not only possible — it can…
More people are buying property far from where they live. Some move for work. Others look for better schools or lower costs. Thanks to remote jobs and online tools, long-distance real estate investments are easier than before. Still, it takes planning. You need the right strategy, good timing, and the right people. In this article, you’ll get tips for remote relocations that make long-distance investing simpler, safer, and more manageable—whether you’re moving…
In the dynamic world of real estate investing, diversification is not just a strategy—it’s a necessity for achieving long-term stability and sustainable growth. Just as with stocks and other asset classes, a well-diversified real estate portfolio helps mitigate risks, stabilize returns, and capitalize on multiple market opportunities. Whether you’re a seasoned investor or just beginning your real estate journey, here’s how to effectively diversify your portfolio for long-term success. 1. Diversify by…
Understanding the Importance of Air Quality in Homes When considering a property purchase, air quality is often overlooked, yet it is a crucial component of a healthy living environment. Poor indoor air quality can lead to various health issues, such as respiratory problems, allergies, and even cardiovascular diseases. As you embark on the journey to find your ideal home, it’s important to prioritize air quality to ensure a safe and comfortable living…
Investing in commercial real estate can be a lucrative way to build wealth, but success hinges on understanding the key metrics that determine a property’s profitability. Two of the most critical financial indicators are the Capitalization Rate (Cap Rate) and Return on Investment (ROI). While often used interchangeably, they serve different purposes and provide unique insights into a property’s financial performance. Let’s break down what they mean and how they differ. What…
Real estate investing has long been a proven path to building wealth. But when it comes to larger, high-yield properties—such as apartment complexes, commercial buildings, or large development projects—the capital required can be a significant barrier. Enter real estate syndication, a powerful strategy that enables investors to pool resources and access bigger, more lucrative deals. What Is Real Estate Syndication? Real estate syndication is a partnership between multiple investors who come together…
Real estate has long been one of the most reliable paths to wealth and financial independence. But for investors looking to scale their holdings, the key isn’t just buying and holding—it’s leveraging the equity in existing properties to fuel further growth. Equity is one of the most powerful tools at a real estate investor’s disposal, and knowing how to use it strategically can dramatically accelerate portfolio expansion. In this article, we’ll break…
Real estate investing is a powerful wealth-building tool, and one of its greatest advantages lies in the tax benefits it offers. Understanding and leveraging these benefits can significantly improve an investor’s financial position. Here are some key tax advantages every real estate investor should know: 1. Depreciation Deduction Depreciation allows investors to deduct the cost of a rental property over time, acknowledging wear and tear. The IRS permits residential properties to be…
Diversifying your retirement portfolio reduces financial risk and increases long-term stability. International real estate offers rental income, capital growth, and protection against inflation. Some markets provide investor-friendly policies and tax incentives, making them attractive options. Besides, property investments create opportunities for lifestyle upgrades and passive income. This article explores the benefits, risks, and best strategies for investing abroad. The Advantages of Investing in International Real Estate Diversifying your retirement portfolio with international…
Real estate investing can be highly profitable, but securing funding can be a challenge, especially for new investors or those with limited capital. Traditional bank loans may not always be the best or most accessible option. Fortunately, creative financing strategies can help investors acquire properties without relying solely on conventional lending. Here are some innovative ways to finance real estate investments. 1. Seller Financing Seller financing, also known as owner financing, occurs…
Investing in real estate has never been easier, thanks to technology. With the rise of powerful apps and tools, investors can analyze properties, manage portfolios, and even find funding from their smartphones. As 2025 approaches, staying ahead with the latest real estate investment tools is crucial for maximizing profits and minimizing risks. Below are some of the best real estate investment tools and apps for 2025. 1. Zillow Premier Agent Best for…
Introduction: The Allure of a Walk-in Closet For fashion enthusiasts, a walk-in closet is more than just a storage space—it’s a sanctuary. It’s where you start and end your day, surrounded by your carefully curated wardrobe. The allure of a walk-in closet lies in its ability to transform your daily routine into a luxurious experience, elevating your fashion game to new heights. Imagine stepping into a room dedicated solely to your style,…
Real estate investment has long been a proven strategy for building wealth, and among the various options available, multi-family properties stand out as a popular choice. But is investing in multi-family properties the right move for you? Let’s explore the benefits, challenges, and key considerations to help you make an informed decision. What Are Multi-Family Properties? Multi-family properties are residential buildings that house multiple separate units, such as duplexes, triplexes, and apartment…
Relocating for retirement is an exciting opportunity to begin a new chapter in life. It allows retirees to find the perfect place that aligns with their lifestyle, budget, and long-term goals. In New Jersey, the options are vast, ranging from serene coastal towns to bustling suburban areas. Finding the right real estate strategy can ensure a smooth transition while making the most of this significant life change. This article explores the essential…
Real estate investing can be a lucrative way to build wealth, but many beginners make costly mistakes that could have been avoided with proper knowledge. If you’re new to real estate investment, understanding these common pitfalls can save you time, money, and stress. Here are the top 10 mistakes new investors should steer clear of: 1. Lack of Research and Due Diligence One of the biggest mistakes new investors make is jumping…
Investing in real estate has long been one of the most reliable ways to build wealth. Whether you’re looking to generate passive income, diversify your investment portfolio, or secure long-term financial stability, real estate offers numerous opportunities. However, for beginners, understanding the fundamentals is crucial to making informed decisions. This guide will walk you through the essentials of real estate investing and help you get started on the path to financial success….
Investing is a critical decision for anyone seeking to grow their wealth and achieve financial stability. Two popular investment options are real estate and fixed deposits (FDs). While both have their advantages, the choice between them depends on your financial goals, risk appetite, and time horizon. Here’s a detailed comparison of the benefits of investing in real estate versus fixed deposits for both long-term and short-term objectives. Benefits of Real Estate Investment…
Impact investing in real estate is a growing trend that combines the potential for financial returns with a positive social or environmental impact. For many investors, the traditional focus on maximizing profit is now being balanced with a desire to contribute to societal good. This type of investment allows individuals and institutions to target properties or projects that promote environmental sustainability, social equity, and community development, all while achieving reasonable financial returns….
Retirement has shifted into a dynamic stage of life brimming with opportunities for growth and discovery. The digital nomad lifestyle enables retirees to explore the globe while remaining active and connected. It fosters a deeper engagement with cultures, expands perspectives, and allows for meaningful experiences far from home. Advancing technology empowers retirees to handle daily tasks seamlessly from anywhere. This way of life transforms retirement into an immersive journey, blending adventure with…
Investing in real estate can be a lucrative venture, offering both financial growth and portfolio diversification. However, navigating the legal landscape is essential to safeguard your investment and ensure compliance with regulations. Here are the key legal considerations every new real estate investor should be aware of: 1. Understand Property Laws and Zoning Regulations Each jurisdiction has specific property laws and zoning regulations that dictate how a property can be used. Before…
Investing in real estate can be a lucrative endeavor, but for first-time investors, the challenge often lies in securing the necessary funds. Traditional financing methods, like bank loans, may not always be accessible or suitable for everyone. Fortunately, there are creative financing techniques that can help first-time investors break into the market. These strategies often require thinking outside the box but can make the difference between missing out on an opportunity and…
Real estate has long been viewed as one of the most reliable ways to build wealth, but traditional ownership isn’t for everyone. High purchase prices, management responsibilities, and market risk can discourage investors who still want exposure to real estate. Fortunately, there are several ways to invest in real estate without ever owning or managing physical property. These strategies allow investors to benefit from real estate income, appreciation, or debt returns while…
House hacking has become an increasingly popular strategy for people looking to live rent-free while building wealth. This approach involves purchasing a property with multiple units, such as a duplex or a house with a basement apartment, and renting out part of the space to cover the mortgage and expenses. While it may sound simple, house hacking can provide a path to financial freedom if done correctly. Here’s how you can get…
Real estate has long been a preferred asset class for investors looking to diversify their portfolios, generate passive income, and achieve capital appreciation. However, when it comes to real estate investing, investors are often faced with a key decision: Should they invest through Real Estate Investment Trusts (REITs) or opt for direct property ownership? Both approaches offer unique advantages and come with their own set of risks. The ultimate choice depends on…
Investing in multifamily units is a proven strategy for generating passive income and building long-term wealth. These properties, which include duplexes, apartment complexes, and other residential units with multiple living spaces, offer scalability and higher cash flow compared to single-family properties. However, acquiring and managing multifamily units requires strategic planning and a hands-on approach. Below are key strategies to succeed in this lucrative sector of real estate. Acquisition Strategies 1. Set Clear…
Investing in real estate is one of the most effective ways to build wealth and generate passive income. However, the location of your investment property plays a pivotal role in determining its profitability and long-term value. Choosing the right location requires a deep understanding of market trends, local amenities, and future growth potential. This guide walks you through the critical factors to consider when selecting the best location for your investment properties….
The real estate industry, long considered a traditional and often slow-moving sector, is undergoing a rapid transformation fueled by advancements in artificial intelligence (AI) and big data. These technologies are redefining how investors analyze markets, manage risks, and make decisions. Here’s a closer look at how AI and big data are reshaping real estate investment strategies. Enhanced Market Analysis with Big Data The cornerstone of any successful real estate investment is understanding…
As we look to 2025, real estate investors are navigating an evolving landscape influenced by shifting economic factors, changing population dynamics, and technological advancements. Certain cities are emerging as top spots for those looking to invest in residential or commercial properties, whether aiming for cash flow, long-term appreciation, or both. Here’s a rundown of the top cities for real estate investment in 2025, based on job growth, population trends, and affordability. 1….
As we enter 2025, real estate investors are closely watching the housing market for signals on how best to navigate the year ahead. The economic landscape, rising interest rates, housing demand shifts, and emerging trends are all shaping this year’s investment opportunities. Here’s a look at the key predictions and what they mean for real estate investors in 2025. 1. Interest Rates Remain Elevated but Stable Prediction: Interest rates will likely remain…
Relocating to a new state is more than just a logistical move; it’s a significant life event that demands meticulous preparation and strategic thinking. You need to navigate through the neighborhoods that align with your way of life to ensure that your new surroundings meet both your financial and personal needs. By arming yourself with knowledge about the local laws and community vibes, you’ll be setting the stage for a successful integration…
Starting a real estate investment journey can be a rewarding way to build wealth, but it requires careful preparation and planning. Here’s a step-by-step guide on what you need to prepare to start real estate investing: 1. Understand Your Financial Situation Real estate investing requires significant financial commitment. It’s important to assess your current financial health and determine what you can realistically afford. 2. Educate Yourself on Real Estate Investing Before diving…
The dream of owning a home nestled in nature—a place away from the hustle and bustle of city life—has captured the imagination of many. For those who are not wealthy but yearn for such a lifestyle, purchasing a plot of land can seem like an appealing and potentially affordable path toward this dream. But is buying land in a rural or natural setting truly a worthwhile investment for someone on a tight…
Retirement is a transformative phase in life, offering a chance to pursue new interests, spend more time with loved ones, and make the most of your hard-earned assets. Relocating during this transition can provide lifestyle benefits and opportunities to optimize your investment portfolio. Whether you’re moving to reduce living costs, invest in rental properties, or simply find a place that suits your desired retirement lifestyle, relocating can significantly enhance your financial future….
Buying a home is a significant milestone, but for many, it can seem like an unattainable dream, especially when facing financial hurdles like no down payment and bad credit. The good news is that, while it’s challenging, it’s not impossible. There are strategies and resources available for those who are determined to become homeowners despite financial obstacles. Here’s a guide to help you navigate the process of buying a home with no…
Real estate investing can be a profitable and worthwhile financial venture to build cash flow, obtain a great return-on-investment and to build a legacy for your children and your children’s children. However, be wise and understand that you can achieve significant success sooner by avoiding common investor pitfalls. Mistake # 1 – Spending thousands of dollars buying books, tapes and attending seminars and then putting all of that information on a bookshelf and never looking at…
In some U.S. cities, local governments and organizations offer free or highly discounted real estate to attract residents, revitalize neighborhoods, or stimulate economic development. Here are a few examples of such cities or programs: 1. Buffalo, New York Program: Urban Homestead Program Details: The city of Buffalo offers vacant homes for $1 to individuals who agree to renovate and live in the property for a minimum period. The program aims to rejuvenate…
Real estate investing offers various strategies to grow wealth, each with its own risk profile, time commitment, and potential returns. Here are five of the best real estate investing strategies: 1. Rental Properties (Buy and Hold) Overview: Purchase properties to rent out and generate a steady stream of income. Pros: Passive income through rental payments. Property appreciation over time. Tax benefits, such as depreciation and mortgage interest deductions. Cons: Requires property management,…
Investing in real estate during recessionary times can be challenging but also presents unique opportunities. Here are some strategies to consider: 1. Focus on Cash Flow Why: In uncertain times, properties that generate consistent rental income become highly valuable. Strategy: Look for properties in stable markets with strong rental demand. Multifamily units, single-family homes in high-demand areas, and properties near employment hubs can be good options. 2. Consider Distressed Properties Why: Recessions…
As some of you may know, when I moved to Tennessee, I purchased my first RV Park. Using income from the sale of other properties, I was able to completely purchase the park without having to borrow or raise funds. And even though I was a bit reluctant to make the purchase, it has been a great investment and a lot of fun. However, if you don’t happen to have the funds…
Getting started in real estate investing as a teenager can be a great way to learn about finance, build skills, and potentially make money. Here’s a detailed guide to help you get started: 1. Education and Learning Read Books: Start with foundational books like “Rich Dad Poor Dad” by Robert Kiyosaki, “The Millionaire Real Estate Investor” by Gary Keller, and “The Book on Rental Property Investing” by Brandon Turner. Online Courses: Platforms…
Building a real estate empire by buying fourplexes is a strategic approach that can generate significant cash flow and long-term wealth. Here are the steps you can take to achieve this: 1. Education and Research Understand the Market: Learn about real estate investing, particularly in multi-family properties like fourplexes. Local Market Analysis: Study local real estate markets to identify areas with strong rental demand and growth potential. Financial Education: Familiarize yourself with…
By Mary Aspen Richardson Managing your real estate portfolio from afar, particularly during a cross-country move, can seem unnerving. However, with the right strategies and careful planning, you can make sure your properties remain well-maintained and profitable. Here are some key steps and considerations to help you manage your real estate portfolio effectively, even when you’re miles away. Understand Your Properties The first step in managing your real estate portfolio from a…
By Rhonda Underhill Embarking on the journey of real estate investing can be daunting, but the BRRRR strategy — Buy, Rehab, Rent, Refinance, Repeat — offers a clear roadmap. This approach allows you to maximize your investment potential and steadily build wealth. Understanding each step and applying strategic methods will ensure you achieve your financial goals. The Old Dawg’s REI Network offers this guide. Unlocking the BRRRR Strategy BRRRR stands for Buy,…
Achieving financial independence and building wealth are aspirations shared by many. While there are various paths to wealth accumulation, real estate investing stands out as one of the most effective strategies for the average person. Here’s why real estate investing can pave the way to financial success: 1. Accessible Entry Point Real estate investing offers a relatively low barrier to entry compared to other investment vehicles like stocks or businesses. Many people…
Investing in real estate can be a lucrative venture, but getting started requires careful planning and consideration, especially when choosing your first investment property. Whether you aim to generate rental income or flip properties for profit, here’s a comprehensive guide to help you navigate the process of finding your first real estate investment property. 1. Set Clear Investment Goals Before you start searching for properties, define your investment objectives. Are you looking…
Determining which retail Real Estate Investment Trusts (REIT) have the longest growth potential involves analyzing several key factors, including market trends, portfolio diversity, geographic presence, financial health, and strategic initiatives. Some retail REITs are better positioned to capitalize on future growth opportunities due to their strong fundamentals and adaptability to market changes. Here are a few notable retail REITs with significant growth potential: 1. Simon Property Group (SPG) Portfolio: SPG owns high-quality…
In today’s dynamic economic landscape, choosing the right type of real estate investment requires careful consideration of market trends, economic indicators, and future growth potential. The real estate market is influenced by a multitude of factors, including interest rates, inflation, technological advancements, and changing consumer behaviors. As we navigate through 2024, here are some of the most promising types of real estate investments for the current economy. 1. Industrial Real Estate Why…
The landscape of global real estate investment is continually evolving, shaped by economic conditions, technological advancements, and shifting demographic trends. The world’s largest real estate investors, including institutional investors, sovereign wealth funds, and real estate investment trusts (REITs), are adapting their strategies to capitalize on emerging opportunities and mitigate risks. Here’s how these major players are investing today. 1. Logistics and Industrial Real Estate Investment Rationale: The rise of e-commerce has significantly increased…
Real estate investing has long been a popular avenue for building wealth and achieving financial independence. However, not everyone who ventures into this field finds success. What sets successful real estate investors apart from the rest? Here are the top traits that distinguish the most accomplished in this industry: 1. Knowledge and Education Successful real estate investors prioritize education. They understand that the market is constantly evolving and that staying informed is…
By Mary Aspen Richardson Investing in real estate can be incredibly rewarding for retirees or people approaching retirement, but sticking to one market limits your potential. Expanding your real estate investment horizons opens doors to fresh opportunities and generates increased cash flow during retirement. This strategy involves looking beyond your local market to find properties that offer better returns and growth prospects. Relocation in Real Estate Investment Relocating for real estate investment…
In the competitive world of real estate, off-market properties represent hidden opportunities for buyers and investors alike. These properties, often not listed on the Multiple Listing Service (MLS) or traditional channels, can offer unique advantages such as reduced competition, potential for better deals, and exclusive access to coveted locations. Here’s a comprehensive guide on how to uncover and capitalize on off-market real estate properties. 1. Network with Real Estate Professionals Forge relationships…
Embarking on a real estate investing journey without any initial capital may seem like an insurmountable challenge. However, with creativity, resourcefulness, and strategic planning, it’s entirely possible to kickstart your investment career even if you’re starting from scratch. Here’s a comprehensive guide on how to get started in real estate investing with absolutely no money: Educate Yourself: Before diving into the world of real estate investing, arm yourself with knowledge. Take advantage…
Real estate investing can be an enticing venture, promising lucrative returns and long-term financial stability. However, it’s not without its pitfalls. Many investors dive into the market without proper knowledge or preparation, leading to costly mistakes that can derail their success. Whether you’re a seasoned investor or just starting out, understanding and avoiding these top five mistakes can save you time, money, and headaches in your real estate journey. 1. Lack of…
By Pauline Cruz As one of the largest sectors in the global economy, commercial real estate plays a crucial role in shaping environmental and social outcomes. With an increasing recognition of environmental challenges and changing consumer expectations, real estate companies are reassessing their operations to adhere to sustainable standards. In this article, we’ll explore the revolution of sustainable practices in commercial real estate and how it impacts you as a stakeholder in…
In the realm of real estate investing, success often comes with experience, wisdom, and a strategic approach. While investors of all ages can thrive in this dynamic field, there’s a compelling case to be made for why individuals over the age of 50 are particularly well-suited to excel in real estate investing. Here’s why: Financial Stability and Security Individuals over 50 typically have had more time to establish financial stability and security….
Real estate investing can be an excellent way to build wealth and secure your financial future. However, it’s not without its challenges. To navigate the complex world of real estate and emerge successful, investors need a solid strategy and the right knowledge. Whether you’re a seasoned investor or just starting out, here are some top tips to help you achieve success in the world of real estate investing. Educate Yourself: Before diving…
by Mary Aspen Richardson Navigating the process of moving when managing multiple properties poses unique challenges. After all, managing the logistics of relocation alongside the demands of property management requires careful planning and strategic thinking. From coordinating tenant transitions to maintaining financial stability, there is much to consider! So, let’s cover the most important bits of knowledge and prep work you’ll need to handle this easily. Assessing your current situation Assessing your…
Investing in small multifamily properties has long been considered a smart strategy for both seasoned investors and newcomers alike. These properties offer a blend of stability, cash flow potential, and scalability that appeals to a wide range of investors. For those looking to capitalize on this lucrative market, here are five of the best real estate markets to consider for purchasing small multifamily properties: 1. Austin, Texas Austin’s vibrant economy, booming tech…
By Laura Watson Are you looking to update the exterior of your home? Whether you want to boost curb appeal or simply give your home a fresh new look, we’ve got you covered. In this article, we have compiled a list of the 10 best exterior home renovation ideas that are sure to transform your house into a stunning showpiece. From adding a pop of color with a vibrant front door to…
By Emily John Introduction Looking to make a profitable investment in the real estate market? Unlocking the secrets of analyzing rental properties can be your key to success. In this comprehensive guide, we will take you through the process of evaluating rental properties to maximize your profitability. Whether you’re a seasoned investor or just starting out, understanding the nuances of rental property analysis is crucial. This guide will equip you with the…
By Bill Manassero Real estate investing has long been regarded as a pathway to wealth creation and financial freedom. However, the misconception that substantial capital is required to get started often deters aspiring investors from pursuing their goals. The truth is, with creativity, resourcefulness, and strategic planning, it’s possible to embark on a real estate investing journey with little to no money upfront. Here’s a comprehensive guide on how to get started…
By Bill Manassero Once hailed as a disruptor in the hospitality industry, Airbnb’s meteoric rise has been marred by a series of challenges in recent years, leading to a noticeable decline in its dominance. From regulatory hurdles to changing consumer preferences and the impacts of the COVID-19 pandemic, Airbnb faces a host of obstacles that threaten its position in the short-term rental market. Regulatory Challenges One of the significant challenges facing Airbnb…
By Pauline Cruz When it comes to increasing a property’s value, real estate professionals must look at the many possibilities and parts of a home. And two spaces that you should definitely consider renovating if you want to unlock new opportunities. The attic and basement, of course. Exploring design strategies to upgrade these two often-overlooked areas can amp up the value of any home. From creating additional sleeping quarters to crafting entertainment or…
By Mary Aspen Richardson Exploring the nuances of the impact of moving on your real estate investments unveils a complex interplay of financial considerations and lifestyle adjustments. As individuals contemplate relocation, whether for career advancements or personal reasons, understanding how such a move can influence their real estate portfolio becomes a necessity after all. From evaluating market dynamics to assessing tax implications, navigating this terrain demands meticulous planning and foresight to safeguard…
By Rhonda Underhill Starting over in a new city presents challenges and opportunities, especially for senior citizens. It’s a phase that demands resilience but also paves the way for growth and new beginnings. With thoughtful preparation and a positive mindset, navigating this significant change can lead to a rewarding experience. This guide from the Old Dawg’s REI Network offers strategic advice to ensure a smooth transition, empowering you to establish a vibrant…
By Pauline Cruz In the highly competitive arena of real estate investment, the critical role of sustaining strong investor relations is indisputable. Real estate funds, in particular, face the unique challenge of balancing investor expectations with the dynamic nature of the property market. The key to navigating this intricate balance lies in expert private equity real estate funds operations, a strategic approach that can provide tailored support to private equity real estate funds…
By Mark Aspen Richardson Harnessing the potential to use private money lenders to fund your real estate deals can be a true advantage. Unlike traditional bank loans, private money lending offers flexibility and accessibility. That makes it a strategic choice for investors looking to seize opportunities and expand their property portfolios. Let’s cover the intricacies of leveraging private money lenders to effectively fuel your real estate ventures! Understanding private money lenders Private…
By Amelia Lopez Introduction Commercial real estate proprietors and property chiefs understand the primary significance of maintaining the plumbing frameworks within their buildings. A plumbing fiasco can disturb business tasks, lead to exorbitant fixes, and harm the property’s value. Implementing successful maintenance strategies is critical to preventing such disasters. In this article, we will investigate fundamental tips for maintaining commercial plumbing frameworks, highlighting the meaning of expert commercial plumbing services. Regular Inspections…
By Rhonda Underhill If you’re looking for a way to increase your rental property income, one of the best ways is to improve the look of your property. With a few simple upgrades here and there, you can transform your property into a desirable rental that will attract quality tenants and generate higher returns on your investment. Read on for advice on which tasks will make the biggest difference. Are you retired…
By Emily John Introduction When it comes to selling your home, the most important thing is that it’s in good condition. You can sell a fixer-upper for less than its market value, but you’re also likely to get lower offers on it and have a harder time selling it—and that could cost you big money. Your best bet is to do some basic renovations before putting your house on the market, then…
By Rhonda Underhill As retirement looms on the horizon, a critical evaluation of one’s financial mindset becomes essential. This phase in life demands a strategic reassessment of how we perceive and manage our finances in order to secure the future. This article, courtesy of Old Dawg’s REI Network, offers seven key strategies to transform your financial outlook, setting the foundation for a secure and enjoyable retirement. Reshaping Limiting Financial Beliefs Embarking on…
By Mary Aspen Richardson In a world where space is a premium commodity, tiny homes have emerged as a groundbreaking investment opportunity. These miniature dwellings, often no larger than a few hundred square feet, are making big waves in the real estate market. Investing in tiny homes is about maximizing returns and tapping into a growing demand for minimalistic living. Whether you’re an aspiring real estate tycoon or simply looking for a…
Embarking on the adventure of starting a home-based business comes with its share of excitement and challenges. Tackling this while also moving to a new home requires a harmonious strategy that marries logistics with ambition. This guide, courtesy of Old Dawg’s REI Network, lays out critical strategies to help you navigate the waters of a business launch and relocation with grace. By focusing on key preparation tactics and business foundations, you’ll find…
In your quest for financial sеcurity in rеtirеmеnt, it’s vital to broadеn your horizons beyond traditional invеstmеnts. In this еra of еconomic uncеrtainty, rеаl еstatе еmеrgеs as a valuablе assеt, offеring a uniquе path to rеtirе with confidence. Its advantagеs arе multi-facеtеd, from shiеlding you from markеt volatility through divеrsification to thе rеliability of rеntal incomе. Furthеrmorе, rеal еstatе’s long-tеrm appreciation potential, couplеd with thе valuablе rolе that payroll stubs havе long…
By Mary Aspen Richardson If you want to make the most of your property investments, you can’t just let them languish. Instead, you need to know how to manage them and what to do with them. And premier among these concerns is figuring out how home improvements drive real estate passive income! The Significance of Passive Real Estate Income The power of passive income in real estate cannot be overstated. The financial…
by Amelia Lopez Introduction Real estate investing has long been viewed as a rewarding endeavor, furnishing people with a steady income stream and the potential for huge wealth accumulation. In any case, for small business owners with restricted time and assets, jumping into real estate investing on a full-time premise might appear to be unrealistic or overpowering. Fortunately, part-time real estate investing offers a reasonable and alluring choice.In this article, we will…
By Emily John The real estate market is always changing, and so are the marketing strategies that go along with it. In today’s digital world, we no longer have to rely on newspaper ads and mailers to find potential buyers or investors. As technology continues to advance, marketing strategies must change as well. These days, potential homebuyers are browsing real estate websites and social media accounts before they even think about looking…
By Emily John Introduction Networking is a skill, not an event. Networking works best when you’re intentional about it. Find the right events to attend. Use the power of one. Embrace your role in the network. Real estate is about relationships, so get out there and build them! Real Estate Networking Overview Real estate networking is a great way to meet new people and build relationships. It also helps you develop your…
By Amelia Lopez Preparing for the future is an aspect that many working people think about all the time. The motivation to work hard often comes from wanting to improve one’s future — a future where living comfortably in retirement and ensuring the family is cared for is the reality. It is likely that, when you receive your paycheck, generated from a pay stub maker, you, too, might consider investing your surplus income in a…
By Mary Aspen Richardson Alt-text: by talking to a real estate agent, you can elevate your retirement like this senior couple Planning for retirement is a journey, not a destination. As you embark on this path, consider the power of real estate. It’s not just about owning a home; it’s about leveraging property to elevate your retirement. Let’s delve into the unique advantages real estate offers for long-term wealth. As we navigate…
By Rhonda Underhill Becoming a commercial real estate developer can be an exciting and lucrative career opportunity. However, it also requires extensive knowledge of construction, project management, and financing. Whether you are a seasoned investor or a newcomer to the industry, the key to success lies in education, careful planning, attention to detail, and a willingness to adapt. In this article shared by Old Dawg’s REI Network, we will explore what it…
By Amelia Lopez Investing opportunities are everywhere, and countless promise great returns. The most profitable investments among them are houses and apartment units for rent. Some of the most profitable are international tangible investments that can provide a more predictable cash flow than stock and cryptocurrency. Below are some reasons to choose international real estate and a guild of expanding property investments. Is real estate investing a good idea? International real estate investment…
By Mary Aspen Richardson If you’re unsure where to source your funding, we have a potential option for you! So, let’s go over a beginner’s guide to real estate crowdfunding. Understanding real estate crowdfunding platforms Before we get started on the details of our guide to real estate crowdfunding, we must understand the platforms involved. The platforms play a crucial role in reshaping how investors approach commercial real estate opportunities. So, understanding…
By Emily John As a real estate professional, its important to know your options, know how much you can afford and be prepared to walk away from the deal if necessary. Keep reading for more tips on how to successfully negotiate with your seller or lender during the home-buying process. Understand the role of negotiation in real estate. Negotiation is a key part of the real estate process. It’s a skill that…
Real estate has always been considered a sound investment, and in today’s economic climate, it’s a profitable avenue for seniors who prioritize security. The beauty of investing in real estate is its flexibility, offering multiple strategies that can be tailored to your risk tolerance and goals. For risk-averse seniors, the aim is to maximize safety and stability while still enjoying a healthy return on investment. In 2023, the real estate market is…
By Qasim Ashfaq Introduction When you’re selling your home, it’s important to make sure that it looks inviting and appealing to potential buyers. But if you have valuables in your home and don’t want them to be stolen, how do you keep them safe as they’re being shown? In this article I’ll explain some tips for storing your valuables when selling a home. Make a list of valuables. As you begin to prepare…
By Mary Aspen Richardson Navigating the realm of real estate investing as a passive investor can be a smart and lucrative decision. Whether you’re a seasoned investor or just starting, this guide will provide valuable tips to help you make informed decisions and maximize your returns. As a passive investor, you can enjoy the benefits of real estate ownership without the day-to-day responsibilities. In this article, we’ll explore the essentials of passive…
by Aliza Zulfiquar Your retirement is meant to be filled with relaxation and enjoyment, but for most seniors, financial worries cast a shadow over this golden stage of life. Property taxes, rising housing costs, and utility bills are examples of limited financial freedom. Retirees are starting to understand the importance of downsizing to smaller homes to reap numerous economic benefits. They are thus implementing this change of lifestyle for an improved quality…
By Ronda Underhill Attracting high-quality tenants can be a challenge for landlords, especially in today’s competitive rental market. To stand out from the crowd and appeal to prospective tenants, it’s crucial to make your rental property as attractive as possible. In this article from The Old Dawg’s REI Network, we’ll discuss several effective strategies you can implement to make your rental property more appealing to renters. Make Energy-Efficient Upgrades One of the…
By Laura Watson A commercial investment should produce a return of capital. You should have an understanding of the basic tenants of the investment you are considering. You should know the cost basis of your investment. Any potential income from your business investments is expected to be taxed as ordinary income in the year earned, regardless of whether or not it is distributed to you. Do not take on too much risk…
By Amelia Lopez Introduction Real estate investment is an exciting and lucrative business that has sparked the interest of investors worldwide. The earning of the best realtors in Berkeley, California is handsome enough to make anyone take up this profession. Despite its potential for success, some people have lost money in real estate ventures, primarily because they made common investing mistakes. In this article, we shall explore the most substantial investment errors investors…
By Mary Aspen Richardson As we approach retirement, many of us look for ways to generate additional income and ensure our financial security. One option that has gained popularity in recent years, and which we frequently discuss in our podcasts, is real estate investing. However, as with any investment, there are risks involved. That’s why it’s critical to do your due diligence in real estate investing, especially if you’re over 50. What…
By Amelia Lopez Introduction Are you tired of living in cramped apartments with skyrocketing rent and no sense of community? Co-living regions in high-rise apartments in Korea can be the response you’re searching for. Co-living is a state-of-the-art new shared living style with moderation, accommodation, and an incorporated local area. With its contemporary offices, good sites, and stunning vistas, elevated structures make the best climate for co-living spaces. This development is changing…
Real estate investing can be a lucrative way to build wealth, and there are many ways to invest in real estate. This article explores the various types of real estate investing strategies, including residential, commercial, industrial, mixed-use, REITs, real estate development, and flipping, and the unique benefits and challenges that each presents. Whether you’re a seasoned real estate investor or just starting out, understanding the nuances of different types of real estate…
By Mary Aspen Richardson While buying real estate can be lucrative, doing it alone can be risky and time-consuming. Property proprietors can reap the rewards from joint ventures, leasing, and professional management in several ways. To thrive in such a cutthroat environment, one must also be crafty. Although a degree may be helpful for some real estate investors, it is not always necessary to succeed in the business. There are commonalities among…
By Mary Aspen Richardson If you are planning for your retirement, you’re probably wondering about the best way to secure your financial future. While there are a variety of investment options available, for some reason, real estate is often overlooked. However, real estate investing can be an excellent way to start your retirement plan, and that’s exactly what we will explore further in this article. With the help of an experienced team…
By Mary Aspen Richardson Investing in real estate may be lucrative, but it requires a substantial time commitment and a sizable financial commitment. In today’s fast-paced world, technology has become an indispensable tool for simplifying processes and maximizing productivity in the real estate industry. Whether you’re an experienced investor or just getting started, there are many ways that technology may streamline your real estate investment and make it easier and more fruitful….
by Rhonda Underhill Paying for college can be a stretch at any time, and if you’re balancing other endeavors, like family and home maintenance, you might need a bit of additional income. Returning to school as an adult can be rewarding, and finding a way to make it financially feasible is important. Although flipping houses involves a good deal of work, it can be lucrative. Read on for tips on how to…
By Mary Aspen Richardson Buying an investment home for the first time is exciting, but it can be equally challenging. The moment you enter the market, it’s like you stepped into an aquarium full of sharks, and each shark wants that piece of food you want. Okay, it’s not always like that. However, a lot of times bidding wars and all that comes with them can be pretty exhausting. If you’ve determined…
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SHOW NOTES FOR EPISODE 688: A FINAL FAREWELL In May of 2016, Bill Manassero launched the Old Dawg’s REI Network Podcast to help educate real estate investors over 50 years of age and to document his own goal to acquire 1,000 units in six years. In this episode, Bill shares his own personal success story and closes out the podcast’s final show. Introduction Well, this is it guys! This is going to be a…
By Brittany Fisher Nobody is ever too young (or too old) to take control of their own life. For this reason, estate planning is highly recommended, even for young adults. In fact, it’s something that should be undertaken the moment a person turns 18 and is legally out of their parents’ care. After all, nobody can say for certain what life will bring, and it’s important to be prepared for eventualities. No…
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SHOW NOTES FOR EPISODE 687: STRATEGIES TO CREATE A RECESSION-RESISTANT REAL ESTATE PORTFOLIO Successful real estate investing in today’s economy requires a strategic approach. Caution and diversity are key! In today’s episode, multifamily real estate investor and co-founder of SMK Capital Management Mark Khuri shares the creative strategies his company has used to prosper through two recessions. What You Will Learn What three recession-resistant assets are best known for excellent returns during tough economic times How…
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SHOW NOTES FOR EPISODE 686: I JUST BOUGHT AN RV PARK! Even if you are strictly a passive real estate investor, there can come a time when you find an active deal that you simply can’t resist! In this episode, Bill shares how he stumbled upon just such a deal! Introduction OK, I know I know… for the last 6 months, I made a big deal about becoming a truly passive real estate…
By Amelia Lopez Real estate has never had smooth performance charts. There are always variations in market trends and prices. Commercial real estate in 2022 has shown an era of uncertainty, with increasing inflation and recession affecting property values and investors losing confidence in the market. 2023 looks to be more of the same with perhaps even more critical issues on the horizon. Even the best realtors in Albany, California, are preparing for a difficult season…
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SHOW NOTES FOR EPISODE 685: JUST GO FOR IT! Real estate investing does not have to be complicated! In today’s podcast, real estate investor and full-time employee James Ledbetter shares how he was able to build up an impressive real estate portfolio while still continuing to work full-time. What You Will Learn Real estate isn’t rocket science – but it is the perfect vehicle for the average person to become wealthy How you can organically…
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SHOW NOTES FOR EPISODE 684: MY 10 BIGGEST REAL ESTATE INVESTING MISTAKES Every real estate investor makes mistakes. In fact, it’s an important part of the learning process. What’s important is what we learn from and do with these mistakes and how they help make us better investors. In this episode, Bill shares his personal top 10 real estate investing mistakes. Introduction “Failure is the key to success; each mistake teaches us something.”…
By Mary Richardson Aspen People are starting to invest more and more in real estate. The main reason is that it can be a very lucrative business. You can do it as a side job or make a living out of it. However, this doesn’t mean there’s no risk involved. Therefore, you should do a lot of research and develop a solid business plan. Apart from keeping up with real estate investing…
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SHOW NOTES FOR EPISODE 681: MAKING BANK WITH MEDIUM-TERM RENTALS & INTERNATIONAL PET SITTING It’s one of the hottest real estate investing strategies today! In this podcast, medium-term rental expert, coach, podcast host, and author Zeona McIntyre shares how she discovered and became financially independent by investing in medium-term rentals. What You Will Learn Why medium-term rental investing is the best real estate investing strategy today How you can start investing without buying a property…
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SHOW NOTES FOR EPISODE 682: CREATING YOUR 2023 STRATEGIC REAL ESTATE INVESTING PLAN A good strategic real estate investing plan is critical if you hope to succeed as a real estate investor. In this episode, Bill shares why you need a plan in today’s economy and outlines how to write a 2023 Strategic Real Estate Investing Plan that will yield significant results! Introduction As we approach year-end, I’m hoping you have already completed your 2023 Strategic…
By Jenn Walker When it comes to renovating your home, the changes you want to make may not always be the most financially rewarding. However, some renovations and updates can tremendously increase the value of your home so that if and when you decide to sell, you can get more than just your money back. So if you are trying to decide on a remodeling project, it is good to compare the…
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SHOW NOTES FOR EPISODE 681: HOW TO DITCH THE 9-TO-5 JOB WITH MULTIFAMILY INVESTING Are you ready to ditch your 9-5 but have no clue where to begin? Look no further. In today’s episode, real estate investor, entrepreneur and author Pam Scamardo shares how she broke free from her 9-to-5 cubicle job by investing in apartment communities! What You Will Learn How it took Pam Scamardo only two years to become financially independent by investing…
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SHOW NOTES FOR EPISODE 680: HOW TO REDUCE REI RISK IN TOUGH ECONOMIC TIMES Real estate is not without its risks! They are real enough in their own right. From bad tenants to bad cash flow to bad contractors to natural disasters. But how do you reduce risk in a bad economy? In today’s episode, Bill shares 12 ways to mitigate the risks of real estate investing in today’s economy. Introduction As I mentioned a…
One of the most elusive and desirable real estate opportunities is the “off-market property”. This is a property where there is generally a motivated seller, but the property has not been broadcast on the MLS (Multiple Listing Service) or Loopnet.com and does not appear on any of the national or local real estate sites that “re-broadcast” the MLS and commercial properties. Savvy investors and specialty real estate companies covet a property where…
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SHOW NOTES FOR EPISODE 679: PASSIVE INVESTMENT OPPORTUNITIES WITH AIRBNBS Buying, operating and running a successful AirBNB/Short-term-rental (STR) is anything but passive. You must work hard and be committed to making it work on a daily basis to succeed! In this episode, ex-techie, real estate investor, and AirBNB owner Sief Khafagi shares how investors can now enjoy the high returns of STRs as a strictly passive investor! What You Will Learn How you can own AirBNBs/Short-term-rentals (STRs) and…
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SHOW NOTES FOR EPISODE 678: IS NOW A BAD TIME TO INVEST IN REAL ESTATE? Is now a bad time to invest in real estate? It’s a fair question. If you’ve been following economic news — or even just gone shopping for groceries lately — it’s obvious the economy is hurting. In today’s podcast, Bill will take a look at what is going on with the economy and how that affects real estate investing….
The internal rate of return (IRR) is one of the more preferred rates of return used by real estate investors trying to measure a rental property’s financial performance. This is because it calculates the time value of the money. It is defined as a discount rate at which the net present value of a set of cash flows equals zero. Here’s the idea. IRR is the rate of return an investor can…
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SHOW NOTES FOR EPISODE 677: TAKING MULTIFAMILY TO THE NEXT LEVEL The difference between stumbling blocks and stepping stones is how you use them. In today’s podcast, successful multifamily real estate investors, authors and entrepreneurs J. Scott and Ashley Wilson share how they are taking challenging projects, within a challenging economy, and successfully transforming them up to the next level. What You Will Learn Why multifamily investing is the best place to invest during a recession…
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SHOW NOTES FOR EPISODE 676: 17 BEST HABITS OF HIGHLY SUCCESSFUL REAL ESTATE INVESTORS There are certain attributes and habits successful real estate investors share that are an integral part of their success. In this episode, Bill shares 17 of those best habits and discusses how you can incorporate these habits into your everyday real estate investing activities for success now and in the future. Introduction As I have looked at various properties in…
By Amelia Lopez If you are reading this article, you are probably planning to move into a new house or have already built one and need clarification on whether you may or may not install innovative technology to make your home a smart home. Well, you have landed on just the right site. What is Smart Home Technology? A smart home is more like a remote control home where the actions performed…
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SHOW NOTES FOR EPISODE 675: CASH FLOW THROUGH PRIVATE LENDING Some real estate strategies don’t work well in today’s economy but there is one that thrives! In today’s podcast, real estate investor, author, private money lender and founder of Pine Financial Group Kevin Amolsch shares how he has found a niche that produces great returns in any economy. What You Will Learn How you can generate great cash flow lending or investing in…
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SHOW NOTES FOR EPISODE 674: GETTING REAL WITH REAL ESTATE Real estate investing is truly the best way for the average person to become wealthy. However, don’t be deceived! It doesn’t mean it will be an easy journey. In this episode, Bill shares his personal experience and how he learned the hard way that real estate investing is not “easy money” and how you can better prepare! Introduction For those of you who missed…
By Evelyn Long Land is the one thing they aren’t making more of, which explains why it’s a favorite investment among the elite. Housing is a basic necessity of life. People also need places to meet and eat, shop, conduct commerce, and entertain themselves. If you’re considering adding to your portfolio, you might ask if now is the right time. You have many factors to consider besides your budget. Where and when are…
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SHOW NOTES FOR EPISODE 673: UPDATE ON 1031 TAX DEFERRED EXCHANGES 1031 Exchanges are one of the greatest tools of wealthy real estate investors, but is it true the government is taking them away? In this podcast, real estate investor, 1031 expert and senior vice president of Asset Preservation, Inc Scott Saunders shares the inside scoop of how the 1031 Exchange benefits real estate investors, other great tax hacks and the truth about the…
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NO SHOW NOTES FOR EPISODE 672: IMPORTANT SPECIAL ANNOUNCEMENT! In this episode, Bill makes a very important special announcement about the podcast. There are no show notes for this episode. IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes, Stitcher, GooglePlay, or iHEARTRadio and Subscribe, Rate & Review our podcast. This will greatly help in sharing this podcast with others seeking to learn real estate investing as a means to achieve a successful retirement,…
Commercial real estate has many tools that can be used to maximize one’s return on investment (ROI). Among the many tools to choose from, leverage is one of the most effective ways to limit (or omit) the amount of personal money you put in a deal, and see the highest return possible. In order to understand leverage in commercial real estate, you must completely understand what it is, and the main factors…
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SHOW NOTES FOR EPISODE 671: REAL ESTATE INVESTING OPPORTUNITIES IN CANADA Despite global economic challenges, there are still great real estate investing opportunities in Canada! In today’s podcast, entrepreneur, author and real estate investor Matthew Ablakan shares how he became a real estate mogul by investing exclusively in Canadian Real Estate. What You Will Learn How to invest in real estate while still in high school – without a mortgage and without a full…
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SHOW NOTES FOR EPISODE 670: FIVE KEY REAL ESTATE INVESTING TRENDS FOR 2023 Recession, inflation, rising interest rates, and post-Covid recovery are just a few of the issues real estate investors will be dealing with in 2023. In today’s episode, Bill will be looking at five key trends where real estate investors can still find profitability and great returns amidst the economic roller coaster. Introduction The last few years have witnessed a series of crises in the real…
By Jenn Walker Renting out your investment property can be a great option for making cash on the side, or as a full-time commitment. However, there are important factors to consider before making the decision to become a landlord. Prior to getting started, you’ll want to do some research into protecting your investment and making smart choices throughout the process. Here are some things to keep in mind before renting your property…
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SHOW NOTES FOR EPISODE 669: HOW TO GROW YOUR PORTFOLIO TO 1,500 in 5 YEARS Success in real estate investing can be as simple as just having the right mindset and unrelenting persistence. In this episode, podcast host, marathon runner and real estate investor Jason Yarusi shares how he applied competitive running principles to go from bartender to real estate tycoon — all in just 5 years. What You Will Learn Why buying…
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SHOW NOTES FOR EPISODE 668: INVESTING IN FRACTIONAL REAL ESTATE A new real estate investment strategy that allows investors to invest as little as $5 is quickly gaining interest! In today’s podcast, Bill explores “fractional real estate investing” where investors can participate at reasonable amounts yet enjoy their investment as a vacation rental as well. Introduction As I’ve mentioned numerous times on this podcast, real estate is one of the best ways to significantly increase your…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
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SHOW NOTES FOR EPISODE 667: GENERATING CASH FLOW AND EQUITY WITH INTERNATIONAL LAND FLIPPING How would you like to generate cash flow and build equity with just a laptop and a phone from anywhere in the world? In today’s podcast, Australian entrepreneur and real estate investor Alicia Jarrett shares how she generates great real estate income from anywhere in the world without having to deal with tenants, toilets and trash! What You Will…
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SHOW NOTES FOR EPISODE 666: ARE REITS A GOOD HEDGE AGAINST RECESSION? The great thing about REITs is that they’re required to pay at least 90% of their income to shareholders as dividends. And as such, because REITs tend to pay higher dividends than your average stock — that alone could help you get through a recession! In today’s podcast, Bill looks at the pros and cons of REITs and how they…
By Amelia Lopez Every property owner’s primary goal while building their home or office space is to create a theme that makes them happy, comfortable and safe with a hint of style and attractiveness. However, it can be costly to achieve the desired interior of your dream home or a suitable and spacious plan for your office. But what if, with the right tools, you can create a stylish design on a…
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SHOW NOTES FOR EPISODE 665: BEST OF OLD DAWG’S REI NETWORK PODCAST – THE ABCS OF REAL ESTATE INVESTING WITH KEN MCELROY Come join us for one of our best podcasts ever with Ken McElroy, the author of The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing and The ABCs of Property Management. In this week’s podcast, Rich Dad Advisor Ken McElroy shares his story of how he grew his real estate portfolio from…
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SHOW NOTES FOR EPISODE 664: STAY THE COURSE! In these turbulent times, it is comforting to know that real estate is still the best place for your investment dollar and the best strategy to grow wealth! In today’s podcast, Bill shares the specific reasons why real estate remains the number one investment strategy in both good and bad times for those who stay in the game! Introduction In these turbulent times it is good to be…
While a good many millionaires will agree that their fortunes were made in real estate, the honest ones will also tell you that they’ve probably lost a few fortunes in real estate along the way. This can be a risky business and every property purchased doesn’t always pan out to become a successful investment. There are many risks involved in real estate investing and you would be going to battle unprepared if you…
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SHOW NOTES FOR EPISODE 663: FINDING OPPORTUNITIES IN ADVERSITY WITH REAL ESTATE INVESTING From punk rock producer to owner of the largest apartment complex in America, Jorge Newbery has experienced both extremes of success and failure. In today’s podcast, you’ll hear how he lost 10s of millions of dollars and how he recovered and prospered! What You Will Learn How Jorge grew his real estate portfolio from a fourplex to the largest apartment complex in America Why…
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SHOW NOTES FOR EPISODE 662: EFFECTIVE REAL ESTATE INVESTING STRATEGIES FOR TODAY’S VOLATILE ECONOMY The expression “Desperate times calls for desperate measures” means actions that might have been rejected under other circumstances may well become the best choice. In today’s podcast, Bill takes a look at today’s volatile economy and presents specific real estate investing strategies that can be both profitable and prudent. Introduction If you’ve listened to this show for any amount of time, you…
Purchasing an apartment complex as an investment is a fantastic way to watch an asset single handedly generate thousands, even hundreds of thousands of dollars in a very short amount of time! A popular investment strategy, especially for new investors, is to purchase a more run down, mismanaged apartment complex at high cap rates. The cap rate, or capitalization rate, is found by dividing the Net Operating Income by the Purchase Price….
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SHOW NOTES FOR EPISODE 661: HOW TO GET YOUR MONEY BACK FROM WALL STREET Was your retirement account hit hard this last year? What if you could get all that you lost back and then some? In today’s podcast, real estate investor, entrepreneur, author and martial arts expert Damion Lupo shares how he and other investors are taking control of their retirement accounts for total financial freedom. What You Will Learn How broker fees, commission and…
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SHOW NOTES FOR EPISODE #660 – MOST VULNERABLE U.S. HOUSING & FORECLOSURE MARKETS An economic shift is occurring across the U.S. but it’s not the same in every market. How can a real estate investor know where to invest? In today’s podcast, Bill spotlights U.S. counties where foreclosures are high and examines others that are at high/low risk of declining values. Introduction The number of “foreclosure starts” — which is when the first…
Your debt-to-income ratio (DTI) is a simple way of calculating how much of your monthly income goes toward debt payments. Lenders use the DTI to determine how much money they can safely loan you toward a home purchase or mortgage refinancing. Everyone knows that their credit score is an important factor in qualifying for a loan. But in reality, the DTI is every bit as important as the credit score. Lenders usually…
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SHOW NOTES FOR EPISODE #659 – BEST OF OLD DAWG’S REI NETWORK PODCAST – BUYING PROPERTIES WITH LITTLE OR NO MONEY DOWN WITH BRANDON TURNER Did you know that you can acquire real estate with little or no money down? In this episode, real estate investor, podcaster, author, entrepreneur, and speaker Brandon Turner shares how he got interested in real estate investing and further discusses how real estate investors can acquire properties for little…
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SHOW NOTES FOR EPISODE 658: THE PROS & CONS OF REAL ESTATE SYNDICATION INVESTING With the ups and downs of the stock market, coupled with a highly volatile economy, real estate investing has emerged as the leading investment choice for many investors. In today’s podcast, Bill examines the pros and cons of one of the more passive forms of real estate investing – syndication investing. Introduction Many people are attracted to real estate investing because it’s…
By Mary Aspen Richardson Investing in real estate can be lucrative but also challenging. It doesn’t always require a vast financial investment, opportunities are numerous, and it helps you create an extra income stream. If you’re successful, investing can become your primary source of income! Sounds great. However, it does require some know-how and effort on your part. Also, you need to be financially stable and invest some money and time. Having…
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SHOW NOTES FOR EPISODE 657: FLYING CPA SOARS THOUGH VALUE-ADD INVESTING There’s real estate investing and then there’s “value-add” real estate investing! In today’s podcast, CPA, real estate investor, airplane pilot, entrepreneur and founder of KRI Partners Kenneth Gee shares how he discovered the amazing exponential profit power of value-add real estate investing. What You Will Learn Why multifamily investing is better than single family home investing? How multifamily properties fares in difficult economies, inflationary periods…
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SHOW NOTES FOR EPISODE 656: 9 PLACES UNACCREDITED INVESTORS CAN PASSIVELY INVEST IN REAL ESTATE Despite being one of the best long-term investments, costs have made real estate inaccessible to everyone. And even if you just want to be a passive investor, most syndications don’t allow unaccredited investors. In today’s episode, Bill shares 9 places that provide access to the best REI deals without being Accredited. Introduction Despite being considered one of the best long-term investments, real estate hasn’t…
By Brittany Fisher If you own multiple homes in different states and you spend time between them then you likely have a busy life. If you also have a pet, then the situation can become a bit more complicated. Costs can add up and it can be hard to maintain both properties while also caring for your furry friend. Here at Old Dawg’s REI Network, we love to help busy homeowners understand…
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SHOW NOTES FOR EPISODE 655: HOW TO GROW A MULTIMILLION DOLLAR PORTFOLIO WHILE WORKING FULL-TIME Creating multiple streams of income as a full-time employee is a smart “Plan B” strategy – especially if one of those streams is real estate. In today’s podcast, Dr. Jeanette Birnbach shares how real estate investing has and continues to generate millions of dollars in additional income, all while working full-time. What You Will Learn The value of…
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SHOW NOTES FOR EPISODE 654: 5 COMMON MISTAKES REAL ESTATE INVESTORS MAKE Mistakes are a gift. Without them, the learning process can take so much longer. But it’s always better when others share the mistakes they’ve made and lessons learned – saving you the personal pain points! In today’s podcast, Bill shares 5 common mistakes he and other real estate investors have made and how you can prevent the same from happening to you. As you know if…
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…
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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…
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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…
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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…
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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….
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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…
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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….
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SHOW NOTES FOR EPISODE 647: LONG DISTANCE REAL ESTATE INVESTING USING THE BRRRR METHOD He went from full-time cop to reluctant landlord to avid real estate investor to top producing real estate agent to best selling author to podcast host to real estate mogul – all within the last ten years. In today’s podcast, David Greene shares his amazing story of how he learned how to be a successful real estate investor by mastering unique…
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SHOW NOTES FOR EPISODE 646: HOW TO RETIRE IN 5 YEARS Real estate investing can be the key to an early and fruitful retirement for those who are willing to put in the time and effort. It’s especially effective if you have a full-time job, can aggressively save and ramp up quickly to build up your real estate holdings. In this episode, Bill shares a simple formula anyone can use to build a retirement rental property portfolio…
One of the most troublesome aspects of being a landlord is tenants who damage your property, from a few broken items to blatant disregard to total destruction, and even worse. There are plenty of horror stories around about what tenants can do to a rental property. Sometimes a security deposit cover it. Other times you have to take the tenant to court. In either case, it either eats up valuable turn-around time…
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SHOW NOTES FOR EPISODE 645: LESSONS LEARNED FROM A NEWBIE INVESTOR He built his real estate portfolio to 16 units in less than one year while working a full-time job, launching a blog and starting a new podcast. In this information-packed episode, Bo Kim, an accountant and newbie investor, shares his “young pup” insider secrets for the Old Dawg Network that helped him explode his real estate portfolio almost overnight, all at the ripe old age…
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SHOW NOTES FOR EPISODE 644: A BEGINNER’S GUIDE TO MAKING MONEY IN REAL ESTATE When it comes to investment, real estate has proven to generate some of the highest returns. However, many people are unsure about how to get started. If you are a newbie investor, you can invest in income property in a multiple of different ways- directly, indirectly, with a bad credit score, with no credit, or even with no money-…
By Rhonda Underhill Moving homes is a monumental feat, no matter what age you are. But it is perhaps even more of an achievement if you’ve decided to do so post-retirement because it doesn’t fit the conventional way of doing things. Furthermore, you may be experiencing new home jitters just because it is so unfamiliar to you. If so, Old Dawg’s REI Network explains how to get settled in quicker Getting your…
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SHOW NOTES FOR EPISODE 643: AFFORDABLE MULTIFAMILY INVESTING What happens when you own 23 single family rental homes and are still barely breaking even? For author, educator and real estate investor with 50-plus years of experience Jay DeCima, he rolled up his sleeves and re-engineered his investing strategy to create a very profitable niche that virtually no one knows. In this engaging two-part interview, expect to learn a lot from this seasoned REI vet. What…
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SHOW NOTES FOR EPISODE 642: HOW TO BECOME A REAL ESTATE INVESTOR FOR ONLY $500 How much money does it really take to become a real estate investor? $500? $5,000? $50,000? Or, does the amount of money even matter if there is no motivation? Too often, we use the money issue as an excuse for inaction. In this podcast, Bill addresses the motivation issue as well as sharing multiple strategies a newbie real estate…
Many people tend to get caught up in real estate trends reported in magazines, newspapers and on television. This is not a wise idea. With the advent of the Internet, you can learn just about anything on a particular subject. While access to information is usually a positive development, things can conversely get a bit crazy if you get overloaded with it. Look long enough and you can find two pieces of…
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SHOW NOTES FOR EPISODE 641: FINANCIAL FREEDOM ONE RENTAL AT A TIME He started with $40,000 and leveraged it into a real estate empire — all while working full-time. In this information-packed podcast episode, real estate investor, coach and author Michael Zuber shares his story of how he conservatively grew his rental portfolio, one house at a time, to financial independence, all with an understanding of the numbers, a single market focus and…
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SHOW NOTES FOR EPISODE 640: HOW TO ACQUIRE PROPERTIES WITH NO OR LITTLE MONEY DOWN Can or should you try to put as small a down payment as possible on an investment property? Can you still acquire investment properties for little or no money down? In this podcast, Bill explores these questions and shares information on where you can obtain loans that require little or no down payment. Before I show you how to acquire…
By Jenn Walker Are you interested in entering the world of commercial real estate (CRE) but don’t know where to begin? From the outside looking in, commercial real estate seems like a complicated net of real estate terminology and finance jargon that only those with strong business acumen can understand. However, this is not the case! Understanding the ins and outs of CRE investing seems daunting at first, but anyone can become…
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SHOW NOTES FOR EPISODE 639: CREATING MULTIPLE STREAMS OF INCOME A wise real estate investor creates multiple streams of income to hedge their bet in challenging economic times. In today’s podcast, real estate investor, author, coach, and entrepreneur Dustin Heiner shares how he has created multiple streams of passive income that can generate a river of income in any economic season! What You Will Learn How you can bec0me “successfully unemployed” Why you should never manage your own…
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SHOW NOTES FOR EPISODE 638: 9 REAL ESTATE INVESTING TIPS FROM BILLIONAIRES Most billionaires preserve their wealth by investing in real estate. Even if they didn’t obtain their wealth through real estate, they know the value of real estate to grow, maintain and sustain their wealth! In today’s podcast, Bill shares 9 tips from billionaires who know and use the power of real estate investing to grow their wealth. Introduction We know there are billionaires…
By James Ledbetter I convey this story not to impress anyone but simply to convey that time sure does race by when you’re a real estate investor! My First Rental Property It’s 1995 and I’m 26 years old and about to purchase a $57,000 house three doors down from my dad’s house where I lived in as a teenager. I suppose I was motivated by the need to ‘act like a grown up’,…
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SHOW NOTES FOR EPISODE 637: RENTING HOMES OUT FOR $2,500 A DAY – PART 2 Do you know how to make 15X return on short-term rentals over long-term rentals? If not, then you won’t want to miss this second part of a two-part podcast series! Today’s show features healthcare professional, real estate investor, wife, mother and real estate coach Dr. Rachel Gainsbrugh who will continue sharing how she is able rent out her single family homes…
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SHOW NOTES FOR EPISODE 636: A REBOUND IN RETAIL REAL ESTATE? When Covid hit, the real estate market restaurants got crushed and offices and retail got hit even harder. But, in a recent survey by Crexi, signs of a turn-around are emerging. In today’s podcast, Bill takes a deep dive into the numbers to see if growth is on the horizon. When Covid hit, the real estate market did all kinds of interesting things. …
By Jenn Walker Financial investments can be an excellent way to grow your wealth, but it also comes with several risks that require patience and adaptability. Some of the most common investments include stocks and the housing market, and although they may seem accessible to some, there often comes a time when the volatility of an investment means it’s wiser to pull out than sit on it and potentially lose money. There…
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SHOW NOTES FOR EPISODE 635: RENTING HOMES OUT FOR $2,500 A DAY – PART 1 Did you know you can make 15X return on short-term rentals over long-term rentals? If not, then you won’t want to miss this podcast! Today’s show features healthcare professional, real estate investor, wife, mother and real estate coach Dr. Rachel Gainsbrugh who will share how she is able rent out her single family homes for as high as $2,500 A DAY!…
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SHOW NOTES FOR EPISODE 634: HAS THE U.S. HOUSING MARKET FINALLY PEAKED? This has been one of the hottest real estate markets in decades but there are finally signs that the market may be starting to cool. In today’s podcast, Bill shares insights and expert opinions on whether the market has finally peaked… or not! Introduction This has been one of the hottest real estate markets in decades! Buyer demand has stayed strong…
About 72% of renters have pets. As a landlord, it’s up to you to decide if you want to allow animals on the premises. While some markets make it a necessity to stay competitive, some landlords have been burned by pet damage in the past. How do you know what the right policy is for you? Having a flexible pet policy expands your tenant pool. On the other hand, it can cause…
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SHOW NOTES FOR EPISODE 633: ASSISTED LIVING HOUSING FRANCHISES 10,000 people turn 65 years of age EVERY DAY and that’s just one reason why the residential assisted living industry is booming! In today’s podcast, Certified Franchise Executive and CEO and Co-Founder of Majestic Residences Franchise System Chuck Bongiovanni shares new investment opportunities available in the lucrative senior residential assisted living space. What You Will Learn How franchisees and investors are making $10,000 per month…
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SHOW NOTES FOR EPISODE 632: CONFESSIONS OF A FORMER ACTIVE REAL ESTATE INVESTOR Many new investors think the only way to become a real estate investor is by investing in rental properties. In today’s podcast, Bill shares how he believed the same thing, learned some hard lessons along the way and, to help others, provides key warnings for investors seeking the rental property route. Introduction If you have listened to this podcast for any amount of…
The most troublesome aspect of being a landlord is tenants who damage your property, from complete trashing to total destruction, and even worse. There are plenty of horror stories around about what tenants can to a rental. And, if you think finding a good tenant depends on luck, you couldn’t be more wrong, or else why don’t you work to ensure luck favours you, at least, in relation to the right choice…
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SHOW NOTES FOR EPISODE 631: HOW TO WORK WITH A REAL ESTATE BROKER TO FIND BETTER DEALS With property prices rising, along with increasing interest rates, you need to know how to find the very best deals — but how? The best investors get the best deals (and often at below market prices) from brokers they already have a solid relationship with. In today’s podcast, real estate investor and managing broker of Gardner Property Group Cory…
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SHOW NOTES FOR EPISODE 630: HOW TO PREPARE FOR A HOUSING MARKET CORRECTION It’s not a matter of if but when the housing market will correct or even crash! But what does that mean for real estate investors and what can you do to prepare and leverage when it does happen? In this episode, Bill shares both the risks involved and opportunities available for savvy investors who are well prepared. Introduction Recently a group…
By Brittany Fisher If you find the hustle and hubbub of urban life are beginning to wear, it may be worth considering moving to a smaller, slower locale. Towns and minor cities often provide much of the same amenities but with less traffic, people and intensity – they can also make for great investment locations. Here are some tips to consider as you plan your move. Finances One of the key advantages…
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SHOW NOTES FOR EPISODE 629: REAL ESTATE INVESTING OPPORTUNITIES IN PANAMA Have you ever wanted to own your own vacation rental in a beautiful exotic location and or live abroad in a great affordable vacation spot where you can invest in lucrative real estate deals all day long? In today’s podcast, real estate investor, former Rich Dad Advanced Trainer/Educator and founder of My Panama Vacation Realty Evie Brooks shares how Panama is not only a great…
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SHOW NOTES FOR EPISODE 628: RECESSION-PROOF REAL ESTATE INVESTMENTS The impact of inflation has affected every aspect of our society. But what about real estate investing? In this episode, Bill shares specific real estate investing strategies that thrive during recessions and inflationary times. Introduction Everyone is talking about inflation these days. Knowing that products and services you buy are going to cost more can be frightening, especially if you’re locked into an income that doesn’t keep pace with…
I often get the question, “What do I look for in a neighborhood?” My answer is always the same. “Easy. Value!” I usually get a strange look, but it’s true. In a neighborhood, I am looking for clues to assess the value of the property, plain and simple. Well, maybe not so plain and simple, I know. So let me explain. Normally, rehab properties are not in the expensive areas of town. …
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SHOW NOTES FOR EPISODE 627: HOW TO GET MORE RENTAL INCOME FOR YOUR BUCK During inflationary times, increasing your rental income is critical. But what if you could double, triple or even 5X your rents? In this episode, real estate investor, CEO and co-founder of HomeRoom Co-Living shares how he was able to convert a 3-bedroom 2-bath house to accommodate multiple roommates and leverage that into a multimillion dollar real estate enterprise!…
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SHOW NOTES FOR EPISODE 626: INTEREST RATE INCREASE RESULTS IN 12% MORTGAGE DECLINE The Federal Reserve’s interest rate hikes are starting to make a dent in our hot housing market. As rising rates have pushed home prices even higher, mortgage applications dropped 12% last week compared to the week prior and were 15% lower than the same week one year ago. In this episode , Bill will share what this means for the housing…
By Jenn Walker Securing your first rental property can be a thrilling experience, but once your name is on the building, the true work of being a landlord begins. If you’ve never been a landlord before, the responsibilities that come with the role might be overwhelming at first, and you might not be sure of what it means to be a good landlord in the first place. There’s no need to panic,…
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SHOW NOTES FOR EPISODE 625: HIGH YIELDING ALTERNATIVE REAL ESTATE INVESTMENTS Where can you invest in pre-vetted solid real estate investments and get a 12% return — without being an Accredited Investor and for as little as $10? In this episode, Harvard MBA and JD, real estate investor, entrepreneur and CEO of Groundfloor Brian Dally, shares how anyone can get great returns with short-term investments and little cash. What You Will Learn How you…
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SHOW NOTES FOR EPISODE 624: THE MOST AND LEAST AFFORDABLE U.S. REAL ESTATE HOUSING MARKETS Less than half of the homes sold are affordable for middle-class Americans, according to the National Association of Home Builders/Wells Fargo Housing Opportunity Index. But there are still markets that are affordable! In this podcast, Bill will share key markets where homes are both affordable and undervalued, as well as markets where homes are the least affordable. EDUCATIONAL OPPORTUNITY Getting a good education…
What tenant wouldn’t love the allure of high speed Internet and a computer of their very own? This is one of many incentives that investors and property owners are offering in order to retain or reward long term tenants. There are other rewards that are just as effective and cost property owners a little less in order to keep the tenants, such as gift cards to restaurants after the renewal of a…
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SHOW NOTES FOR EPISODE 623: PASSIVE INVESTING IN TODAY’S ECONOMY In the wake of 2020 alone, central banks across the globe created more than TEN TRILLION DOLLARS — all out of thin air. Inflation is here and those who are interested in protecting their wealth MUST be invested to thrive. This is one of those massive wealth adjustment moments in history. In today’s podcast, author, full-time real estate investor, and founder of Asym Capital Hunter Thompson…
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SHOW NOTES FOR EPISODE 622: FORECLOSURES UP 132% – HOUSING CRASH OR MARKET CORRECTION With foreclosures up 139% over a year ago, inflation at a record high, and mortgage interest rates on the rise, are these signs that a housing market crash is the horizon? In today’s podcast, Bill examines what these numbers are really telling us and whether we need to have cause for concern. Introduction As I was reading through real-estate data this…
Start your real estate market research with the U.S. Census information about a town. You want to invest in a town that is growing, especially if you are investing in income properties. It’s getting easier to do this now, with all the information available online. Just go to the official U.S. Census site at www.census.gov. If you call the chamber of commerce, or the local department of economic development, they may have…
SHOW NOTES FOR EPISODE 621: COST SEGREGATION REAL ESTATE STRATEGIES The good news is that real estate is selling at record profits. The bad news is you have to pay taxes on those profits. In today’s podcast, real estate investor and cost segregation expert Erik Oliver shares how unique tax reduction strategies are saving investors tens of thousands of dollars on single family homes through large multifamily properties. What You Will Learn The definition…
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SHOW NOTES FOR EPISODE 620: REI THROUGH CROWDFUNDING – WHICH ARE THE BEST SITES? If you’re not quite ready to invest in real estate syndications, crowdfunding might just be a great training ground. For as little as $10, you can invest in residential and commercial real estate projects across the U.S. and get great returns. In today’s podcast, Bill shares some of the best crowdfunding sites of 2022 according to Investopedia. Introduction Real…
By Evelyn Long Despite all of the positives that can come with renting out properties, one of the downsides is sorting through all of the applications for potential applicants. It’s arguably one of the most important roles of a landlord or property manager. Ensuring your properties are inhabited by responsible and reliable tenants is key to a successful rental property on all fronts. Renting properties to the right tenant makes everyone’s life…
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SHOW NOTES FOR EPISODE 619: TAKING HOME BUILDING TO THE NEXT LEVEL – QUALITY HOMES IN 3 TO 5 DAYS! Electric cars Cryptocurrency. Mobile applications. The future is here! And real estate is no exception. In today’s podcast, former Navy seal, Stanford engineer and real estate developer Garrett Moore shares how technology has made it possible to build a home in just 3 to 5 days! What You Will Learn How existing technology…
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SHOW NOTES FOR EPISODE 618: IS A REAL ESTATE MARKET CRASH IMMINENT? 5 PROS MAKE PREDICTIONS Aspiring home buyers and investors may have watched as mortgage rates in recent months rose along with home prices. But it all begs the question: What will ultimately happen to the housing market in 2022 and are we approaching a crash? In this episode, Bill shares his own thoughts and the opinions of 5 top experts. Introduction The…
People purchase houses for many different reasons. Some people buy houses to improve on the property, and get a good return on investment from it. Other people buy property to sell on. For whatever reason they buy a house or property, they would like to see their home improvement value. Estimating your home improvement value is fairly easy. Raising that value is just as easy if you know what to do, and…
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SHOW NOTES FOR EPISODE 617: KNOWING HOW TO RIDE MARKET CYCLES Raging inflation. Rising housing prices. Stock market uncertainty. How can you invest in real estate markets when there is such chaos? In today’s podcast, experienced real estate investor, co-founder and managing partner of Trion Properties Max Sharkansky shares how his successful investment strategy used during the great recession is helping him to successfully invest in today’s market. What You Will Learn How…
Do the creative real estate financing techniques you hear about really work? Yes and no. They likely have all worked somewhere for someone at least once. The important point is to understand the principles involved, so you can find your own creative ways to invest in real estate. Here are ten methods to get you thinking. 1. Use Hard Money Lenders Ask around or find these online. These lenders specialize in short-term…
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SHOW NOTES FOR EPISODE 615: A NEWBIE’S INVESTMENT JOURNEY Taking that first step is sometimes the most difficult task for any new real estate investor. In today’s episode, former Hollywood actor and advertising executive Ian Gilligan shares how he got interested in real estate investing, overcame some big challenges and eventually moved into financial independence. What You Will Learn How to find and invest in an emerging market Why real estate investing is the perfect business…
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SHOW NOTES FOR EPISODE 614: INVESTING IN FARMLAND AS A HEDGE AGAINST INFLATION One year ago, the average price of gasoline in the United States was around $2.11. Now, it’s more than $4. Used car prices are up over 25 percent. However, inflation can have an equally impactful effect on your portfolio’s risk profile and investment value. In today’s podcast, Bill looks at how investments in farmland can not only offset the…
One of the strategies commercial real estate investors like to employ is hiring consultants or market research companies to analyze a specific market a commercial real estate investor wants to pursue. To a beginning investor, the overall strategy seems logical and well-intended. Who better to know a market than the analysts who spend there days and nights collecting, analyzing and reporting on such data? I’ll tell you: YOU—the commercial real estate investor….
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SHOW NOTES FOR EPISODE 613: PROFIT FIRST REAL ESTATE INVESTING Too many real estate investors needlessly struggle with financial problems because they use old thinking that holds them back! In today’s podcast, real estate investor, entrepreneur and author David Richter shares how he transformed his real estate business from a cash-eating monster to a money-making machine. What You Will Learn How to turn your real estate business from a cash-eating monster to a money-making machine!…
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SHOW NOTES FOR EPISODE 612: CRYPTO MEETS REAL ESTATE INVESTING Real estate experts and investors are starting to look toward asset tokenization as a way to improve the real estate investment world. In this episode, Bill explores how crypto and tokenization are becoming part of real estate investing for the long term. Introduction Real estate investing has been a reliable way to build wealth for centuries, and over the past few decades, it’s…
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 their…
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SHOW NOTES FOR EPISODE 611: WEALTH STRATEGIES FOR AN UNCERTAIN AND CHANGING WORLD Major world and economic events are impacting us more today than ever before. As real estate investors, our livelihood is truly at risk! In today’s episode, podcaster, author and cash flow expert M.C. Laubscher shares what major events are in process, how we should prepare and ultimately how we should respond to not just survive but to thrive. What You Will Learn How a “4-Horse”…
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SHOW NOTES FOR EPISODE 610: MINDSET MATTERS! Now that we’ve learned the 10 Steps to Real Estate Investing Success, it’s now time for implementation! In this episode, Bill shares the most vital ingredient necessary for true real estate investing success and it’s all about mindset! 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…
By Evelyn Long When buying and investing in real estate, trying to time the market can be tempting. However, due to the unpredictability, this is often hard to do. Multiple factors impact the market’s volatility, including an uncertain economy and housing constraints. You can easily Google general real estate predictions – and you’ll find many great results from seasoned economic experts. But should real estate investors lean on these predictions to make…
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SHOW NOTES FOR EPISODE 609: INVESTING OPPORTUNITIES IN CO-LIVING A phenomenon is rapidly spreading across the U.S. in response to escalating home prices and skyrocketing rents! In today’s podcast, Frank Furman, COO of PadSplit, the country’s largest co-living marketplace, shares how Airbnb-type boarding houses are filling the need for affordable workforce housing in America. What You Will Learn How to turn a side hustle into a multimillion dollar business What is co-living and…
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SHOW NOTES FOR EPISODE 608: WHAT’S HOLDING YOU BACK? One of the most difficult things for new real estate investors is just taking that first step – making the first investment. In today’s podcast, Bill explores some of the common obstacles many new investors encounter that prevent them from investing and how you can overcome those challenges. Previous episodes of our 10 Steps to Real Estate Investing Success series have thus far included: 590: Is Real…
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 local…
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SHOW NOTES FOR EPISODE 607: REAL ESTATE DISRUPTIVE TRENDS The face of U.S. real estate investing has changed dramatically in the last 7 years, however, even bigger changes are on the horizon!. In today’s podcast, real estate syndicator and influencer Neal Bawa shares how tokenization and other disrupters will revolutionize REI and syndication in the next 3 to 5 years! What You Will Learn Is there really a housing shortage? How cryptocurrencies will radically transform…
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SHOW NOTES FOR EPISODE 606: CREATING YOUR STRATEGIC PLAN A good strategic real estate investing plan is critical if you hope to succeed as a real estate investor. In this episode, Bill shares why you need a plan and outlines how to write a Strategic Real Estate Investing Plan that will yield significant results! Previous episodes of our 10 Steps to Real Estate Investing Success series have thus far included: 590: Is Real Estate Investing For You? 592:…
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…
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SHOW NOTES FOR EPISODE 605: THE SHORT-TERM MILITARY HOUSING NICHE Finding a good real estate strategy is great! Finding an effective niche within that strategy is even better. In today’s podcast episode, Real estate entrepreneur, investor and US Navy Captain Joe Riley shares how he saw the problem of military families constantly relocating and turned it into a profit center! What You Will Learn Why there is a demand for short-term housing near military bases…
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SHOW NOTES FOR EPISODE 604: FINDING THE BEST MARKET Investing in the right market is critical for successful real estate investing. Choosing the wrong market can seriously impact your property’s short and long term profitability. In this episode, Bill lays out the steps necessary to find a good emerging and profitable market for your real estate investing activities. Previous episodes of our 10 Steps to Real Estate Investing Success series have thus far included: 590: Is…
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…
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SHOW NOTES FOR EPISODE 603: UNINTENTIONAL REAL ESTATE TYCOON He didn’t set out to be a success in real estate. In fact, he never planned to get into real estate at all. In today’s podcast, entrepreneur and real estate investor Gregg Cohen shares how he went to college, got a corporate job, got disillusioned with the corporate job and then read a book that changed his life. What You Will Learn Why networking is such…
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SHOW NOTES FOR EPISODE 602: HOW TO CHOOSE THE RIGHT REAL ESTATE INVESTING STRATEGY FOR YOU Choosing the right real estate investing strategy is critical for your long term success. Nothing is worse than spending countless time and money on an REI strategy only to find that you hate what you’re doing. In today’s podcast, Bill provides a way to better assess the multiple strategies available and he shows how you can sort…
What? How can I get a 25% annual return on one real estate investment when interest rates charged bankers are almost zero, savings rates are 1 to 2%, and mortgage rates are about 4%. Your mother, bless her heart, would shake her finger at you and say, “If it sounds too good to be true.…” You know the rest. What if I could show you how to get an annual return on…
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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…
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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…
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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…
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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,…
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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….
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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…
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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…
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SHOW NOTES FOR EPISODE 594: BUILDING A WINNING REI STRATEGY! Before you can become successful at real estate investing, you must build a solid foundation from which to build your business. In this episode, Bill shares the five phases necessary to building a strong, sustaining real estate investing success strategy Introduction This is the third episode of our 10-episode series called 10 Steps to Real Estate Investing Success. To recap or first two episodes… 590:…
Real estate investing tips tend to be a bit vague, like “invest in the right location,” or “make sure the numbers work.” Actually, tips like these are important principles to remember. However, since they have been well represented in other articles, I want to share a few more specific tips with you. 1. Listen to the Market The cabinet guy looked to me for a decision. I realized that I knew nothing…
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SHOW NOTES FOR EPISODE 593: USING DATA DRIVEN REI TO FIND DISCOUNTED PROPERTIES The real estate market is hot! As a result, trying to find below-market properties is nearly impossible! In today’s podcast, engineer, real estate investor and founder of RealtyQuant Stefan Tsvetkov shares how he is finding tons of below-market properties in competitive markets through data-driven real estate investing strategies. What You Will Learn Where you can find “under market” deals in today’s…
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SHOW NOTES FOR EPISODE 592: WHAT TYPE OF REAL ESTATE INVESTING IS FOR YOU? Real estate investing success is all about due diligence and the numbers! In this episode, the second episode of our “10 Steps to Real Estate Investing Success,” Bill shows how to pick a real estate investing strategy that works best for you. Intro Successful real estate investors know how to do their research. The better your due diligence, the…
Have you ever dealt with bad renters? Late payments? Stains on the carpet? Calls late at night about a stopped toilet? Sometimes being a Landlord is not a fun game, especially when you have a nice home and bad tenants. Have you taken advantage of the recent low interest rates and refinanced your home to the maximum? What about a home equity loan or other form of second mortgage? Do you know…
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SHOW NOTES FOR EPISODE 591: CATCHING KNIVES: INVESTING IN DISTRESSED COMMERCIAL REAL ESTATE He was a millionaire before the age of 30, only to lose it all in the Great Recession! Taking lessons learned, getting educated and finding a solid niche strategy, author, broker and commercial real estate investor Jake Harris created a winning success model that continues to generate wealth today. What You Will Learn Understanding the value of being around and…
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SHOW NOTES FOR EPISODE 590: IS REAL ESTATE INVESTING FOR YOU? In our first episode of a ten episode series entitled the 10 Steps to Real Estate Investing Success, Bill explores the question – “Is Real Estate Investing for You? In today’s podcast, he looks at the key factors each prospective investor should consider before diving into real estate and the pros and cons of real estate investing. Introduction Real estate can be…
Becoming a successful real estate investor Becoming a successful real estate investor requires being able to find good real estate investment deals and put them together. Your job is not to become an closing attorney, a management expert, or a repair person. Use professionals! You must learn how to appraise and find the true value of real estate. This information will help you make better investment decisions. Realtors, appraisers, and banks determine…
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SHOW NOTES FOR EPISODE 589: REAL ESTATE INVESTING WITH JOINT VENTURES AND THE BRRRR METHOD He went from law enforcement to real estate mogul – all while trying to earn just a few extra dollars for retirement! In today’s podcast, former police officer turned entrepreneur and successful real estate investor Adrian Pannozzo shares how he was able to leverage one duplex into more that 350 multifamily units almost entirely without using banks or…
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SHOW NOTES FOR EPISODE 588: INTRODUCTION TO 10 STEPS TO REAL ESTATE INVESTING SUCCESS Dig out your old college backpacks and sharpen your pencils – we’re going back to school with this specials 10-part Fun Fact Fridays series entitled “10 Steps to Real Estate Investing Success.” In this new podcast series, Bill will be focusing on the fundamentals of real estate investing and what key things are needed to succeed. Introduction Whether you are just…
It doesn’t really matter what kind of investing you are participating in, it’s almost always a wise idea to have multiple streams of income in order to maximize your profits while spreading your risks. Even within the confines of real estate investing, there are different types of investing that can help you spread your risks. When markets meet turbulent times, multiple streams of income can be a very good safety net for…
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SHOW NOTES FOR EPISODE 587: BEST OF OLD DAWG’S REI NETWORK PODCAST – BUYING STRATEGIES FOR TODAY’S REAL ESTATE MARKET After 10 years as a successful real estate broker, Seth Ferguson realized that the people making real money in real estate were the real estate investors, not the brokers. So, he set out to learn that “certain set of skills” successful real estate investors have. In this episode, Seth shares how he was able to learn…
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SHOW NOTES FOR EPISODE 586: 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…
The real estate purchase agreement is more than just a casual offer. The moment you and the seller sign it, it is a legally binding contract. Since you can put what you want in your offer, why not include some of the clauses that smart buyers use to protect themselves and save money? Some suggestions follow. Seven Critical Purchase Agreement Clauses 1. A better earnest money clause. You can put a small…
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SHOW NOTES FOR EPISODE 585: LONG DISTANCE REAL ESTATE INVESTING USING THE BRRRR METHOD He went from full-time cop to reluctant landlord to avid real estate investor to top producing real estate agent to best selling author to podcast host to real estate mogul – all within the last ten years. In today’s podcast, David Greene shares his amazing story of how he learned how to be a successful real estate investor by mastering unique…
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SHOW NOTES FOR EPISODE 584: HOW TO RETIRE IN 5 YEARS Real estate investing can be the key to an early and fruitful retirement for those who are willing to put in the time and effort. It’s especially effective if you have a full-time job, can aggressively save and ramp up quickly to build up your real estate holdings. In this episode, Bill shares a simple formula anyone can use to build a retirement rental property portfolio…
Locating financing for every commercial project is not always an easy feat. Many items can affect the acceptance of a loan, how much is loaned, and under what specific terms the loan is given. As a commercial real estate insider, it is important to always be completely prepared when approaching a lender, whether it is a commercial bank, savings and loan company, or a private investor. The key to success in commercial…
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SHOW NOTES FOR EPISODE 583: LESSONS LEARNED FROM A NEWBIE INVESTOR He built his real estate portfolio to 16 units in less than one year while working a full-time job, launching a blog and starting a new podcast. In this information-packed episode, Bo Kim, an accountant and newbie investor, shares his “young pup” insider secrets for the Old Dawg Network that helped him explode his real estate portfolio almost overnight, all at the ripe old age…
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SHOW NOTES FOR EPISODE 582: A BEGINNER’S GUIDE TO MAKING MONEY IN REAL ESTATE When it comes to investment, real estate has proven to generate some of the highest returns. However, many people are unsure about how to get started. If you are a newbie investor, you can invest in income property in a multiple of different ways- directly, indirectly, with a bad credit score, with no credit, or even with no money-…
By Laura Watson Most people know that it is possible for a nonprofit organization to purchase real estate with the help of government grants but did you know real estate investors can as well. Yes, real estate investors and agents or any individual can apply for a real estate grant if they know where and how to do so. There are a number of different grants that may be available for real estate purchases,…
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SHOW NOTES FOR EPISODE 581: AFFORDABLE MULTIFAMILY INVESTING What happens when you own 23 single family rental homes and are still barely breaking even? For author, educator and real estate investor with 50-plus years of experience Jay DeCima, he rolled up his sleeves and re-engineered his investing strategy to create a very profitable niche that virtually no one knows. In this engaging two-part interview, expect to learn a lot from this seasoned REI vet. What…
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SHOW NOTES FOR EPISODE 580: HOW TO BECOME A REAL ESTATE INVESTOR FOR ONLY $500 How much money does it really take to become a real estate investor? $500? $5,000? $50,000? Or, does the amount of money even matter if there is no motivation? Too often, we use the money issue as an excuse for inaction. In this podcast, Bill addresses the motivation issue as well as sharing multiple strategies a newbie real estate…
The holidays give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. Here are six reasons why it’s smart to buy in December: Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm…
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SHOW NOTES FOR EPISODE 579: FINANCIAL FREEDOM ONE RENTAL AT A TIME He started with $40,000 and leveraged it into a real estate empire — all while working full-time. In this information-packed podcast episode, real estate investor, coach and author Michael Zuber shares his story of how he conservatively grew his rental portfolio, one house at a time, to financial independence, all with an understanding of the numbers, a single market focus and…
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SHOW NOTES FOR EPISODE 578: HOW TO ACQUIRE PROPERTIES WITH NO OR LITTLE MONEY DOWN Can or should you try to put as small a down payment as possible on an investment property? Can you still acquire investment properties for little or no money down? In this podcast, Bill explores these questions and shares information on where you can obtain loans that require little or no down payment. Before I show you how to acquire…
By Roy Crist When it comes to real estate investing, there are many different factors to consider. What is involved in becoming a successful real estate investor? There are multiple answers to this question and countless answers on how best to approach real estate as an investment. What are some things that you should consider before building or growing a real estate business? Here are some things that you should consider before you start investing. …
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SHOW NOTES FOR EPISODE 577: HOW TO ACCESS HOME EQUITY WITHOUT DEBT As a real estate investor, having access to ample funds for acquisitions, renovations, unexpected expenses and emergencies is important. But sometimes, reserves are not enough. Tapping into your property’s equity would be the next logical step but, with banks tightening requirements, extensive paperwork and high fees, the hassle hardly seems worth it. In today’s podcast, founder and CEO of QuantmRE Matthew Sullivan…
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SHOW NOTES FOR EPISODE 576: THREE REAL ESTATE TRENDS TO WATCH IN 2022 PwC and the Urban Land Institute released the “Emerging Trends in Real Estate 2022 Report” and there are some key trends real estate investors should know. In this episode, Bill zeroes in on three key trends that came out of the report that are of particular interest to real estate investors. Tip of the Week – Treat Your Investments as…
By Laura Watson Approval of a loan can make or break your real estate investment plans. In the past, it may have been easy to get a loan for your real estate ventures, but experts say that things have changed and getting a loan requires more effort. Real Estate Investment Loans Investing in real estate is a long-term commitment. Real estate investors/Property dealers are mostly eligible for this loan. It should not…
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SHOW NOTES FOR EPISODE 575: INTERNATIONAL REAL ESTATE INVESTING Investors from the U.S., Canada and around the globe are choosing to invest in real estate across borders. In today’s podcast, international attorney and real estate professional Lauren Cohen shares how you can find great international real estate deals and navigate the confusing investment maze as well as the laws and regulations that surround this type of investing. What You Will Learn What are the four…
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SHOW NOTES FOR EPISODE 574: SETTING YOUR 2022 STRATEGIC REAL ESTATE INVESTING GOALS In real estate investing, goals are critical! Setting the right strategic goals makes you focused, decisive and ultimately successful in your real estate investing endeavors! In today’s podcast episode, Bill provides the tools to help investors set on-target, attainable but aggressive goals for your 2022 Strategic Real Estate Investing Plan. Tip of the Week – Set the Right Rental Rate from…
Buying a home can be one of the best feelings in the world. Nothing beats that feeling of security and satisfaction when you open the door to a new home and are happy with your purchase. The question is, how can you best ensure that feeling is going to happen? There are a lot of pitfalls in the real estate world and naturally you want to be able to avoid them and…
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SHOW NOTES FOR EPISODE 573: SELF STORAGE INVESTING IN INFLATIONARY TIMES In an inflationary economy, you need to be cautious and prudent in how you invest your hard earned dollars. In today’s podcast, real estate and self storage investor, author and Managing Partner of Wellings Capital Paul Moore shares how he is investing wisely and profitably in today’s economy with self storage. What You Will Learn Why he chose self storage investing over multifamily…
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SHOW NOTES FOR EPISODE 572: HOW TO BECOME A PRIVATE MONEY LENDER Why do all the banks seem to have all the money? Probably because it’s true. In this episode, Bill shares why and how many real estate investors choose to “be the bank” and make big returns as private money lenders. Tip of the Week – Understand The Risks Involved If you’ve made the decision to get involved with real estate investing already,…
By Rich Urban Ok, so you haven’t made a dime in Real Estate yet right? You want to be a Real Estate Investing Millionaire, but for some reason you can’t seem to find good deals on houses. Well, I can tell you what your problem is. You are doing all of the things that don’t make you money in real estate! Going around with a Realtor, looking on the web, driving around…
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NOTES FOR EPISODE 571: THE MILLION DOLLAR QUESTION If a check for $1,000,000 arrived in your mailbox today, what would you do with the money? Spend? Invest? Donate? Surprisingly, this is a more common occurrence than most people would think. With high numbers of Baby Boomers and Baby Boomer parents passing away, inheritances are up phenomenally! Add to that real estate sales, business sales, stock market and crypto profits! In this special podcast, Bill…
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SHOW NOTES FOR EPISODE 570: PUTTING TOGETHER YOUR 2022 STRATEGIC REAL ESTATE INVESTING PLAN “A goal without a plan is just a wish.” So is a real estate investor’s hopes of being successful without a plan. A good strategic real estate investing plan is critical if you hope to succeed as a real estate investor. In this episode, Bill shares why you need a plan and outlines how to write a 2022 Strategic Real Estate Investing…
This topic has been one of heated debate for quite some time now. You have the “Die Hard” Wholesalers, your Rehabbers, and Landlords that all feel that their strategy is the best. Probably the best way to describe where everything fits in, it’s best to think of a triangle. If you look at Real Estate like a triangle you’ll see that on one side we have Rehabs, on another side we have…
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SHOW NOTES FOR EPISODE 569: FUNDING MISSIONS THROUGH VIRTUAL FLIPPING Living a life of service can be eternally rewarding but it can also have its earthly challenges. In today’s podcast, missionary to India Josh Howard shares how he was looking for a way to support his family while serving in the mission field and ended up creating a booming virtual real estate business that far surpassed his greatest expectations! What You Will Learn How to…
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SHOW NOTES FOR EPISODE 568: GETTING BACK TO BASICS Successful real estate investors never lose sight of the fundamentals. In this podcast, Bill takes a look at the core disciplines he implemented when he first began investing in real estate and he shares why those same things are just as important today. Tip of the Week – Sign-Up for Audible.com Audible is the leading creator and provider of premium audio storytelling, offering customers a rich destination for…
By Evelyn Long As a real estate investor, there are a lot of moving parts to any investment opportunity. Whether you’re brand new to the world of investing in real estate or you’re a longtime veteran with many irons in the fire, there are a few different loan opportunities for real estate investors. Of course, everything is different from person to person, and everyone’s financial situation is different. Different loans are going…
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SHOW NOTES FOR EPISODE 567: DEAL EVALUATION TIPS FOR SYNDICATION INVESTORS Passive investing in syndications is a great way to generate real estate cash flow without having to worry about tenants, toilets and trash. However, you still need to be a wary, diligent and wise investor. In today’s podcast, publisher of Accredited IQ Magazine Bryan Ellis shares how high net worth investors can avoid the investment rip-offs and bad actors in the real estate syndication world. What You Will…
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SHOW NOTES FOR EPISODE 566: HOW TO QUICKLY ASSESS A SMALL MULTIFAMILY DEAL Starting real estate investing with a small multifamily property can exponentially boost the development of your real estate portfolio in the short term. In this episode, Bill outlines a way to quickly evaluate and assess a potential small multifamily/apartment property to see if it is worth pursuing further. Tip of the Week – Find a Good Mentor Many reasons why: REI is not a solo…
There are real estate investing “tricks” and techniques that you may know or may want to know. There are also new ways of doing things that are worth learning. Knowing about the latest types of financing is also important. But, before all of these, you need to learn some basic principles. Here are six key real estate investing principles that every investor needs to know. Build Relationships Real estate investing is…
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SHOW NOTES FOR EPISODE 565: PASSIVE CASH FLOW WITH FARMLAND The great thing about investing in real estate is that it’s an asset class that meets a person’s basic needs. The same is true for food-related asset classes. In today’s podcast, real estate investor and farmland investor Peter Badger shares the advantages of investing in farmland both for its great returns and to build intergenerational wealth. What You Will Learn Why farmland is a good cash flowing real…
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SHOW NOTES FOR EPISODE 564: BUYING A FAMILY CABIN FOR AN INVESTMENT PROPERTY Owning a vacation cabin or cottage can be a wonderful memory-creating experience for any family. In today’s podcast, Bill shares how a family cabin can not only be an enjoyable family retreat but can have the additional benefits of generating significant income and tax savings as well. Tip of the week: Maintain Reserves Maintaining cash reserves to pay large or unexpected expenses is…
Whether you are BRAND NEW to real estate investing or an expert in the game, it’s critical that you understand these 7 Simple Steps to real estate investing. First things first… Real Estate is NOT a get rich quick scheme. However, if you learn the foundations and put them into practice, you will make more than enough money to realize any and all of your dreams and goals. The real estate bubble…
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SHOW NOTES FOR EPISODE 563: GETTING REAL ESTATE TO WORK FOR YOU IN TODAY’S ECONOMY 95% of the people who try to invest in real estate quit within 5 years – Why? Because they keep repeating the same mistakes! In today’s podcast , real estate investor and CEO of RealEstateInvestor.com shares how you can become successful in real estate without it becoming just another J.O.B. (just over broke). What You Will Learn How Gary made…
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SHOW NOTES FOR EPISODE 562: INVESTING IN SMALL APARTMENT BUILDINGS Investing in apartment buildings is a sure way to multiply your capital, earn passive income and secure your retirement. While it’s a lucrative investment, it’s not always easy. In today’s podcast, Bill examines the advantages of small apartment investing as well as some of the challenges. Tip of the Week – Leverage With leverage, you can buy a $100,000 property by only putting…
By Evelyn Long Now and then, demographics will lean a certain way, pressuring the market to bend with it or fail. New trends emerge, and you should follow these changes to make the most of your investment properties. That way, you can maximize your ROI and provide the best service possible for your tenants. Analyzing the common demographics of today’s renters can help you get a leg up on your competitors and…
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SHOW NOTES FOR EPISODE 561: EFFECTIVE UNDERWRITING FOR MULTIFAMILY PROPERTIES Every multifamily investor has their analysis spreadsheet, whether they bought it, borrowed it or created one from scratch. But how do you know if it is truly effective in separating the best deals from the disasters? In today’s podcast, multifamily investor, author and underwriting expert Rob Beardsley shares his multifamily analysis insider techniques that has helped him pick the best deals. What You Will Learn…
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SHOW NOTES FOR EPISODE 560: DON’T FORGET THE PRINCIPAL PAYDOWN As we say in every podcast episode of the Old Dawg’s REI Network, “Cash flow is King!” But we don’t just buy for cash flow. We buy in emerging markets where prices are going up. In today’s podcast, Bill looks at the benefits of buying for both cash flow and equity on all your rental properties. Tip of the Week – Just do it! The…
According to Rich Dad Robert Kiyosaki, cash flow is the single most important factor when buying long-term rental properties. Here are 10 key tips to help you increase your current rental property cash flow now and for the future. Introduction I own a number of rental properties, ranging from single family to apartment buildings, and my goal on each property is to have great cash flow. However, rental properties with the biggest margin…
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SHOW NOTES FOR EPISODE 559: THE MULTIFAMILY MILLIONAIRE Can one property make you a millionaire? It can if it’s a multifamily property. Brian Murray, real estate mogul and author of the best selling book Crushing It in Apartments and Commercial Real Estate and now, co-author with BiggerPockets’ Brandon Turner, of a new two-volume book set entitled The Multifamily Millionaire, returns to our podcast to share how easy multifamily investing is and how it is one of the best recession-proof…
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SHOW NOTES FOR EPISODE 558: WHAT ARE REITS AND HOW DO YOU INVEST IN THEM? A REIT, or real estate investment trust, is an entity that holds a portfolio of commercial real estate or real estate loans. It is said to be a truly passive real estate investment. In today’s podcast, Bill takes a look at what exactly a REIT is, the various types, pros and cons and how you go about investing in…
Are you going to be able to retire? And if you do, will you be in a position to enjoy your life, pay medical bills and maintain an acceptable level of health? Those can be chilling questions if you haven’t thought about them much. If you haven’t given them adequate thought, that means you haven’t prepared for certain inevitabilities. Real estate investment can help you answer those questions and remove that chill…
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SHOW NOTES FOR EPISODE 557: THE COMMUNITY BANK ADVANTAGE FOR REAL ESTATE INVESTORS Relationships are the truest form of currency — and banking is no exception! In today’s podcast, attorney, broker, contractor, real estate investor and Chief Credit Officer of First Foundation Bank Chris Naghibi shares the strategic advantage of working with community banks for your real estate investing. What You Will Learn How mastering underwriting skills can help you succeed in banking and obtaining mortgage…
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SHOW NOTES FOR EPISODE 556: TOP ADVANTAGES OF INVESTING IN COMMERCIAL REAL ESTATE While investing in real estate is a great idea for all people, investing in commercial real estate could be an even better way to earn money. In today’s podcast, Bill shares some reasons why investing in commercial real estate is a great idea and a great investment opportunity. Tip of the Week – Always Have a Plan B New real estate…
Where can you find the most profitable rehab real estate investment deals? No two deals are the same, that’s for sure! Every rehab itself is different with different problems to solve. So, in describing a typical deal, you have to look at the spread involved. The spread is the different between what you can buy the house for and what it’s value will be when it’s brought back up to standards. The next…
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SHOW NOTES FOR EPISODE 555: SCALING UP WITH PARTNERSHIPS Investing in real estate later in life can be frustrating because of the time it takes to ramp-up, scale and leverage a portfolio. However, partnering with others can accelerate the process significantly. In today’s podcast, you will hear how three investors joined forces to rapidly build a 322-unit multifamily portfolio through networking and strategic partnerships. What You Will Learn The exponential value of networking for older investors Where…
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SHOW NOTES FOR EPISODE 554: HOTTEST REAL ESTATE OPPORTUNITIES FOR 2021-2022 A big part of being a successful real estate investor is being able to identify present market opportunities and having the flexibility and forethought to pivot to take advantage of them. In this episode, Bill explores new real estate investing opportunities that have emerged post-Covid. Tip of the Week – You’re only as good as your team You know, Roger Staubach…
By Crist Roy A real estate lead is someone who has expressed interest in working with you to purchase, sell, or lease a property, whether in person, online, over the phone or by email. You’ll have more chances to close a sale and earn new clients if you have more leads. As a result, keeping a consistent stream of new prospective leads, also known as real estate lead generation, is critical to…
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SHOW NOTES FOR EPISODE 553: PASSIVE INCOME WITH UNDER-MARKET HOMES, WHOLETAILING, LANDLORDING & CRYPTO Success in real estate investing is all about determination and persistence. In today’s podcast, real estate investor and CEO of GoForClose.com shares his story of how he, with no experience, implemented multiple investment strategies to build a massive 80 employee real estate empire and convert his investments into cryptocurrency for steady cash flow. What You Will Learn How to acquire…
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SHOW NOTES FOR EPISODE 552: BEST RENTAL PROPERTY TAX DEDUCTIONS Most real estate investors purchase rental property for the monthly income, potential appreciation in property value over the long term, and the available tax deductions. In today’s podcast, Bill will take a quick look at how deductions on rental properties work, then he will review 25 of the best rental property tax deductions, including a few that many investors overlook. Tip of the Week: Know where…
Did you know if you borrow $100,000 for a mortgage loan, you may pay back as much as $300,000? Yes, its true, and you may pay more than that depending on the interest rate and the number of years it takes you to repay the loan. The amount is even higher if the terms of your loan require mortgage insurance. There is a solution if you are able to pay something extra…
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SHOW NOTES FOR EPISODE 551: CASH FLOW GENERATION THROUGH NON-FOOD FRANCHISING If you’re looking to diversify and generate passive cash flow outside of your real estate holdings, non-food franchises may be worth considering. In today’s podcast, entrepreneur, real estate investor and franchise owner Jon Ostenson shares how non-food franchises have a low cost of entry and can produce excellent cash flow returns. What You Will Learn What is the difference between food and…
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SHOW NOTES FOR EPISODE 550: THE BASICS OF REAL ESTATE INVESTMENT ANALYSIS Investing in real estate can be a great way to save for retirement and earn monthly cash flow. However, it’s critical that you do a thorough investment analysis first. before you purchase any prospective investment property. In today’s podcast, Bill outlines the key analysis elements every investor needs to know to assess a property’s potential profitability. TIP OF THE WEEK – Bigger Pocket’s Rental…
By Evelyn Long If you’ve invested in real estate, you know the market can be capricious. As it flips back and forth, you may wonder if there will ever be an opportune time to sell your investment property. Luckily, it’s relatively easy to determine when you should choose to sell your investment property. Whether you have plans to send it on its way soon or you’re just weighing your options, you’d benefit…
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SHOW NOTES FOR EPISODE 549: SINGLE MOM GOES FROM $80K IN DEBT TO MULTIMILLION DOLLAR REAL ESTATE PORTFOLIO She came out of a bad divorce supporting two children, without child support. She had no money in savings and was $85K in debt. In today’s podcast, you’ll hear the inspiring story of investor/author Farrah Ali who discovered real estate investing not only helped her to overcome adversity but also blessed her children and generated enough wealth…
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SHOW NOTES FOR EPISODE 548: 10 EMERGING REAL ESTATE TRENDS in 2021 Real estate, like nearly every aspect of our lives, took plenty of blows during the pandemic. In today’s podcast, Bill shares how the pandemic has reshaped real estate investing and the way real estate investors are and will invest in the future. Tip of the Week – Should You Buy With Cash or Finance? Is it better to buy with cash or to finance your…
If you are like me, you didn’t expect to be where you are today, rapidly approaching retirement without a pension or comfortable nest egg. Your 401(k) or IRA isn’t earning what you thought it would, and even though you qualify for Social Security, you realize it might not be around (and the amount will almost certainly not be enough for most people to survive on). We’re not alone. According to the most…
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SHOW NOTES FOR EPISODE 547: INVESTING IN DEEDS AND BUILDING MULTIPLE STREAMS OF INCOME Investing in deeds can be a great passive form of real estate investing. In today’s podcast, real estate investor, author and CEO of Bequest Funds Martin Saenz shares how deed investing can not only be a great inflation-proof form of passive investing but can also be one of many multiple streams of income real estate investors should employ. What You Will Learn Why deed investing…
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SHOW NOTES FOR EPISODE 546: THE BEST SINGLE FAMILY REAL ESTATE INVESTING MARKETS FOR 2021 Where are the ideal U.S. locations for real estate investors to invest in single family homes in 2021? Follow the data! In today’s podcast, Bill shares recent research data pointing to the best areas to purchase both single family rentals and to buy fix ‘n flip single family homes. Tip of the Week – Learn about market cycle…
As far as home improvements go, landscaping is a solid investment – in fact, a well designed outdoor project can offer a better return than most of those inside the house. Good landscaping can add between 7 and 15 percent value to your property and has a recovery value of 100 to 200 percent, so shell out now and get it back when you sell. Many investors will tell you that a well-designed landscape…
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SHOW NOTES FOR EPISODE 545: LANDLORDING IN A COVID ECONOMY The pandemic impacted almost every aspect of our lives and, if you’re a landlord, there’s no exception! In today’s podcast, RentPrep CEO Stephen White shares some of the ways landlording has changed post-Covid and how you can be better work with these changes to succeed. What You Will Learn New challenges for landlords as a result of the pandemic Post-Covid major changes at…
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SHOW NOTES FOR EPISODE 544: HOW TO INVEST IN REAL ESTATE FOR UNDER $1,000 Too often, newbie investors think they need lots of money before they can invest in real estate. Nothing could be further from the truth. In today’s podcast, Bill shares 10 different ways investors can get started in real estate investing for under $1,000. Tip of the Week – Make Money When You Buy It’s easy to overpay for real estate,…
By Scott Russell, Owner of Freestone Properties in Asheville, NC North Carolina, and specifically the Asheville real estate market has have been booming since the pandemic began in March 2020, as we have seen at Freestone Properties. Asheville is known for its quirky galleries, restaurants, shops, and housing options, and being a mid-sized city has its own draws for families, couples, and individuals across the country and within the state of North…
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SHOW NOTES FOR EPISODE 543: COMMERCIAL LENDING IN A COVID ECONOMY Many things have changed in our Covid economy, including commercial real estate lending. In today’s podcast, CEO of Clopton Capital Jake Clopton shares how Covid has impacted commercial real estate, affected commercial lending and changed real estate investing in general. What You Will Learn What are the three main things lenders look at with multifamily loan applicants? Which commercial assets did best in the Covid…
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SHOW NOTES FOR EPISODE 542: WHICH REAL ESTATE INVESTING STATEGY IS BEST FOR YOU? OK, you’ve read Rich Dad Poor Dad, stumbled upon this podcast or maybe attended a boot camp and you’ve decided that real estate investing is exactly what you want to do. However, the more you dig-in and research, the more confusing it gets. In this podcast, Bill zeros in on 13 of the most popular real estate strategies and the…
You can purchase property for cash, of course, and if you have it, this can be the best way to get a great price. But what if you don’t have the cash? Here are some other options available for investors. Partner To Purchase Property Join the local real estate investing group in your town. Then start taking notes, names, and numbers. Many real estate investment groups meet monthly in various cities. The…
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SHOW NOTES FOR EPISODE 541: FIVE BIGGEST FACTORS OF RISK YOU NEED TO KNOW Passive real estate investing can be extremely lucrative. But where do you begin? Learning effective due diligence to reduce risk and boost success is key! In today’s episode, CEO of RealCrowd Adam Hooper shares the 5 main factors of risk you need to know to help determine the best deals. What You Will Learn What the single most important risk factor is…
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SHOW NOTES FOR EPISODE 541: REAL ESTATE INVESTING AS A SUCCESSFUL SIDE HUSTLE More than 44% of Americans work a side hustle or job to supplement their full-time work. If that’s true, why can’t real estate investing be a good side hustle? In today’s podcast, Bill examines how real estate investing would work as a side hustle and offers tips on how to succeed as a part-time real estate investor. Tip of the…
By Evelyn Long House hacking is a money-saving method that can prove beneficial for a variety of homeowners, particularly when used to jumpstart a transition into real estate investment. In short, the practice of house hacking is to have tenants who pay rent and utilities on a property you own — likely, a property that you live in yourself. Does that mean budding real estate investors have to find an available duplex?…
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SHOW NOTES FOR EPISODE 539: FROM HOLLYWOOD TO FREEDOMHOOD WITH REAL ESTATE INVESTING One of the top benefits of real estate investing is that it can give you freedom of choice. In today’s podcast, award-winning Hollywood post-production producer Joe DiSanto shares how he was able to semi-retire through real estate investing and launch Play Louder, a website that provides valuable real estate investing info, personal finance tips and ways to boost your net worth. What…
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SHOW NOTES FOR EPISODE 538: THE PROS AND CONS OF REAL ESTATE INVESTING Many people avoid real estate investments because they think they are scary or need a lot of money to invest. Neither is accurate. In today’s podcast, Bill shares both the positive and negative reasons why real estate is a good investment or not. Tip of the week: Organized real estate investors are always winners In the end, the bottom line…
Negotiating a successful real estate contract, whether in person or online, requires communication skills and the ability to create an environment of trust and cooperation. As much of consumerism shies away from personal or direct selling, real estate is one product that most predict will hold on strongly to the personal approach. ‘Seeing’ the product and ‘trusting’ those who rent it are significant success factors in the industry. Internet marketing standards are…
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SHOW NOTES FOR EPISODE 537: BUILDING A MULTIFAMILY PORTFOLIO ONE DOOR AT A TIME He grew up in a small farming town in Texas and was inspired by his grandfather to be an investor. He bought his first mutual funds at 12 but his true love was real estate. Starting as a passive investor in syndications and then on to single family rentals, he grew his portfolio to over 749 units. In today’s…
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SHOW NOTES FOR EPISODE 536: HAS THE HOUSING CRASH ALREADY STARTED There are some very disturbing trends occurring in the housing market that could be precursors to a more significant economic shift in the U.S. and global economy. In this episode, Bill explores a few key economic trends that are not too dissimilar from trends that occurred back in 2007. Tip of the Week: Don’t Forget About Asset Protection You spent all those…
How do you find cheap homes? There are too many ways to list here, but there are five basic principles to learn. Understand these, and you can save thousands of dollars on your next home. 1. Cheap Homes Are In Cheap Towns Yes, there are still beautiful towns in this country where you can see a good movie, put the kids in a good school, go shopping, enjoy nearby natural beauty, and…
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SHOW NOTES FOR EPISODE 535: REAL ESTATE INVESTING MADE EASY You don’t need thousands of units to be financially independent! And you don’t need to syndicate. In today’s podcast, author, podcast host, blogger, coach and real estate investor Chad Carson shares how smart investing can help you achieve financial freedom and do more of what matters! What You Will Learn How you can started in real estate with absolutely no money Getting start-up…
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SHOW NOTES FOR EPISODE 534: INFLATION AND TODAY’S HOUSING MARKET Today’s booming housing market is breaking all kinds of records but how long can it continue? In today’s podcast, Bill explores the implications of a rapidly rising inflation and it’s relationship to the overall housing market and the economy as a whole. Tip of the Week: Google Mapping for Dollars Knowing a market means you have a good understanding of the neighborhoods in your market, in addition to s…
By Evelyn Long Real estate investments are a good source of revenue. In a seller’s market, your property can sell quickly because the housing demand exceeds the supply. However, the stiff competition means you’ll have to work harder to buy these properties. Some investors will look to sell at higher margins, and others will need alternatives to entering a competitive local market. Wherever you are with your portfolio, here are some investment…
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SHOW NOTES FOR EPISODE 533: BUILDING A SUCCESSFUL REAL ESTATE INVESTING BUSINESS Last week, our guest discussed invaluable tips for cost-effective and profitable renovations. In this episode, Van Sturgeon continues sharing renovation tips and gives an insider view of the strategies he used to grow a successful, multi-company, real estate investing dynasty. What You Will Learn Why it’s better for you to manage your own renovations How out-of-state investors can manage effective renovations…
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SHOW NOTES FOR EPISODE 532: 10 TIPS FOR BUYING RENTAL PROPERTIES WITHOUT BREAKING YOUR BUDGET Being a real estate investor in a sellers’ market it can be discouraging. However, did you know there are good deals out there if you just know where to look? In today’s podcast, Bill shares 10 ways investors can still find good deals in a sellers’ market. Tip of the Week: Calculate Your Margins Wall Street firms that…
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…
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SHOW NOTES FOR EPISODE 531: ABCS OF RENTAL PROPERTY RENOVATIONS The profitability of a real estate investment may wholly depend on the renovation or rehab part of the equation. Without a well-planned and cost-effective rehab, the investment could lose money. In today’s podcast, real estate investor, entrepreneur and contractor Van Sturgeon shares how a successful renovation should look and offers tips for increased profitability every time. What You Will Learn What contractors learn from real estate investors Why…
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SHOW NOTES FOR EPISODE 530: ROAD TRIP UPDATE Bill just completed a three state trip (Texas, Florida and Tennessee) to celebrate their 31st anniversary and look for the best state to relocate after leaving California in 2022. In this episode, he shares his findings regarding best investment opportunities, best strategic locations for multi-state investing and just the overall vibe of each state. NO SHOW NOTES but we do have some photos… IF…
by Aliza Zulfiquar The fear of losing our savings when we plan to invest it somewhere is natural. We spend our lives to save money and surely need to muster up some courage before investing it somewhere. Likewise, the real estate market is always seen as a risky thing to invest in. With its highs and lows, it always keeps the investors on edge. The value a house has might vary with…
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SHOW NOTES FOR EPISODE 529: HOW TO PLAY THE LONG AND SHORT GAME IN REAL ESTATE He has spent 19 years specializing in acquiring real estate assets below market value. In today’s podcast, podcast host, entrepreneur, real estate investor and creator of the The No Limits Sales System Todd Toback shares how you can find below market value properties and build a successful real estate business. What You Will Learn The importance of sales training for all real…
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SHOW NOTES FOR EPISODE 528: I WAS TALKING TO JOE THE OTHER DAY… Real estate is a people business! People and your network are a critical component of your real estate investing success. In this very different podcast, Bill shares a casual conversation he recently had with his friend named Joe. Sorry… on vacation. No Show Notes! This is just a casual conversation. Enjoy! Find out more about Joe here: 065: Flippin’ in So…
By Brittany Fisher Are you a senior thinking about investing in real estate? Are you interested in generating increased cash flow, or looking for more opportunities to stay active and engaged? Perhaps house-flipping is something you always wanted to try your hand at, but never had time for. You’ll be happy to know that real estate in general is an excellent second career choice for seniors. Real estate agents who are over…
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SHOW NOTES FOR EPISODE 527: INVESTING WITH SELF-DIRECTED IRAS One of the top reasons people invest in real estate is because of the great tax benefits. But did you know there are even greater tax advantages when you invest from within a self-directed IRA. In today’s p0dcast, third-generation real estate investor and CEO of CamaPlan Carl Fischer provides a simple explanation of how you can invest from an IRA and the multiple tax benefits. What…
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SHOW NOTES FOR EPISODE 526: 12 COMMON MISTAKES REAL ESTATE INVESTORS MAKE AND HOW YOU CAN AND SHOULD AVOID THEM Real estate investing can be a profitable and worthwhile financial venture to build cash flow, obtain a great return-on-investment and to build a legacy for your children and your children’s children. However, be wise and understand that you can achieve significant success sooner by avoiding common investor pitfalls. In this episode, Bill shares the top 12…
It’s finally that moment. You’ve put a large amount of work and money into that property you’re about to sell. As a real estate investor, you’ve assessed the overall value and know that you can flip the house for a sizable profit. The future’s looking bright, and you’re finally going to get a return on your financial commitment. However, you may not know that you can add value to your investment property…
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SHOW NOTES FOR EPISODE 525: PERSISTENCE PAYS! MULTIFAMILY MANIA AUSSIE STYLE He came to America from Australia with a dream to become a real estate investor. In today’s podcast, Reed Goossens shares how, with limited funds, no investing experience, and no credit, he went from paying cash for a small duplex to forming his own real estate syndication firm where he syndicates multi-million dollar apartment deals across the U.S. What You Will Learn The power of networking…
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SHOW NOTES FOR EPISODE 524: ASK BILL! PRIVATE MONEY VS. BANK LOANS, REAL ESTATE COLLEGE DEGREES AND REAL ESTATE INVESTING FOR $500 In this month’s “Ask Bill!” episode, Bill answers questions on Private Money vs. Bank Loans, Real Estate College Degrees and Real Estate Investing for under $500. Tip of the Week: Make Your First Investment a House Hack Buy a duplex, Triplex or Fourplex! When you’re first starting out, you’re going to want…
As more and more of us look for better ways to secure our financial future than investing into stocks or relying on Social Security to provide for us in our old age, so interest in real estate investing is increasing. After all, rarely do real estate investments lose money, whereas, all too often, other types of investments, be it pensions, stocks, or Bitcoin, fail to come to fruition. Is it any wonder, therefore, that an increasing…
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SHOW NOTES FOR EPISODE 523: HOW TO GET YOUR MONEY TO WORK FOR YOU After working as a financial advisor and stock coach for several years, Chris came to the stark realization that the financial advising industry was not showing anyone how to quickly and safely become financially prosperous today. In today’s podcast, cash flow expert and “anti-financial advisor” Chris Miles shares how he was able to retire at 28! What You Will…
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SHOW NOTES FOR EPISODE 522: 10 OTHER WAYS TO GET REAL ESTATE FINANCING If you’re considering becoming a real estate investor, you may also be wondering how to finance your first purchases. Getting ideal financing is not always an option but there are other ways that can be just as effective. In today’s podcast, Bill shares 10 other ways you may not have considered to fund your property purchases. Tip of the Week: Paying Construction…
For people who are just getting their feet wet in real estate investing it is usual for them to notice at the very outset that having a network of fellow investors as well as buyers can be a useful source for making their investment business flourish. Having a decent network of people to fall back on can help you locate the better properties and to also find out whom the more interesting…
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SHOW NOTES FOR EPISODE 521: FINDING INTERNATIONAL INVESTORS FOR YOUR REI DEALS International investors are dying to invest in U.S. real estate deals. But how do you tap into this multi-billion dollar resource? In today’s podcast episode, real estate investor, syndication operator and podcast host Charles Carillo shares how he was able to grow his personal real estate portfolio from a handful of single family and small multifamily properties to hundred-unit plus apartment buildings…
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SHOW NOTES FOR EPISODE 520: ARE WE ENTERING A NEW HOUSING BUBBLE? The staggering rise of U.S. home prices is forcing thousands of aspiring buyers into grueling, often risky bidding wars, raising questions about whether the torrid housing market could be in a bubble. In today’s podcast, Bill examines key economic indicators and industry leaders’ statements that many suggest a bubble is indeed on the horizon. Tip of the Week – Beware of…
If you surf the Internet and read books on real estate investing you will come across a lot of useful information, though the majority of these sources concentrate on providing information on just one particular sphere of investing. Thus, if you are looking to find out more about real estate investing, in general, you may not find that much information and may be at a loss when it comes to formulating the proper…
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SHOW NOTES FOR EPISODE 519: RAW LAND INVESTING If you want to be a real estate investor and generate monthly cash flow but don’t want to deal with tenants, toilets and trash, raw land investing might be just the solution! In today’s podcast, veteran, real estate investor, coach and raw land investing expert Brent Bowers shares how he went from a struggling Army officer to land baron, all with raw land. What You…
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SHOW NOTES FOR EPISODE 518: HOW SAFE IS YOUR NEIGHBORHOOD? Investing in high crime areas is not a smart real estate practice. In fact, it can completely eliminate any potential cash flow for your rental property. In today’s podcast, Bill shares free resources to help you determine just how safe your rental property neighborhood truly is. Tip of the Week: Know the Rules and Regulations There are plenty of regulations that investors uncover after being in…
By Evelyn Long When individuals find a good deal on a house, they often experience tunnel vision. Many buyers jump the gun and complete their purchase before evaluating the neighborhood. It is essential for those looking to invest in rental properties to explore an area’s residential appeal before making a purchase. Since the pandemic, many people have moved out of cities and into suburban areas. Investors can utilize this residential migration pattern…
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SHOW NOTES FOR EPISODE 517: PURCHASING AN APARTMENT BUILDING AS YOUR FIRST REAL ESTATE INVESTMENT Why do people think you have to start small and work your way up to bigger investment properties? In today’s episode, Mark Kenney shares how first time investors are starting their real estate investment journey with 100-unit plus apartments as their first investment property! What You Will Learn Why you don’t have to start investing with small properties How…
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SHOW NOTES FOR EPISODE 516: THE SENIOR REAL ESTATE INVESTOR ADVANTAGE Although some real estate investors are hesitant to start investing later in life, there are some very good reasons why they SHOULD invest now! In this episode, Bill shares first hand experience and 8 key reasons why investing later in life is better. Tip of the Week: Know How to Leverage Leverage uses borrowed capital or debt to increase the potential…
Writing down your real estate investment criteria means writing down your needs and wants in a real estate deal. It means outlining what you are looking for in a real estate opportunity. Having written criteria can help you grow as an investor and can make it easier for you to land the best real estate deals. If you to join the ranks of real estate investors, you might want to have formal…
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SHOW NOTES FOR EPISODE 515: INVESTING IN REAL ASSETS Real estate is the most popular “real asset” investment known to most people. However, did you know, there are also other less know “real assets” that have the same or better returns, with great tax advantages too? In today’s podcast, entrepreneur, syndicator, real estate/real asset investor and tax strategist Dave Zook shares why he transitioned from multifamily investments into other real assets that have provided significant returns and outstanding…
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SHOW NOTES FOR EPISODE 514: HOWTO INCREASE YOUR CASH FLOW Cash flow is king! You hear this proclamation at the end of every Old Dawg’s REI Network Podcast! So, if it’s that important, how can we get the maximum cash flow possible for every property? In this episode, Bill shares specific actions you can take to help increase your rental property cash flow now and in the future. Tip of the Week – Always have a Plan…
Getting ready to sell your home can be one of the most stressful areas of the real estate experience, but it does not have to be. Keeping in mind some key advice will help you get your house looking top shape from the inside and out. Throughout the process, the best way to go through your to-do list is to accept the fact that you can only do one thing at a…
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SHOW NOTES FOR EPISODE 513: HOW TO BE SUCCESSFULLY UNEMPLOYED Would you like to become financially independent for the rest of your life by creating massive passive income? In today’s podcast, author, rental property expert and founder of MassivePassiveIncome.com Dustin Heiner will be sharing his unique passive-income-generating method and how you too can become financially independent through high cash flowing rental properties. What You Will Learn Where to find houses that will generate $250 per month in…
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SHOW NOTES FOR EPISODE 512: WHY CASH FLOW IS KING When you buy rental properties based on cash flow, it’s the best strategy to achieve financial independence and to build a legacy to hand down to your family. But why? In today’s podcast, Bill explains how cash flow helps you achieve financial independence and seven reasons why cash flow is king! Tip of the Week – Buy property with growth in mind. When you invest in real estate,…
By Sindee Lee Gillespie Have you ever made big plans for your real estate investing business, only to fail to act on them? Or maybe you started with a bang and kept your motivation for a few days, then suddenly lost interest? It’s easy to lose motivation after the initial excitement wears off. However, if you want to be successful in building a portfolio of real estate investments for passive income, it’s important to…
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SHOW NOTES FOR EPISODE 511: USING THE “HOLY GRAIL” OF REAL ESTATE TO ACHIEVE FINANCIAL INDEPENDENCE Why do the world’s richest families acquire the “Holy Grail” of real estate investments for 20 to 30 percent of their investment portfolios? In this episode, real estate syndicator, author, investor and Managing Partner of Next Level Income shares why real estate is such a powerful investment and how he grew a multimillion dollar “Holy Grail” real estate portfolio while…
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SHOW NOTES FOR EPISODE 510: WHEN A TENANT DIES When it happens, most landlords are caught off-guard. What are you supposed to do when a tenant dies? Hopefully you never have to deal with the death of a renter, but if you do, there are certain steps you need to follow to make sure everything is handled legally. In today’s episode, Bill goes over the key steps every landlord needs to know regarding the death…
When it comes time for you to think about getting a mortgage, you should know that there are some things that you can do to help yourself get a better deal. In most cases, they can be performed over a few months, but will prove their worth in savings over the term of your new mortgage. Here are some of those things. 1. Look Over Your Credit Scores You need to get…
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SHOW NOTES FOR EPISODE 509: A COMMON SENSE APPROACH TO INVESTING IN LOW AND MIDDLE INCOME RENTALS A single mom, with no money and no credit, shows how, despite overwhelming odds, you can still create a real estate legacy by just using a little common sense. In today’s podcast, 71 year old author, realtor, property manager and real estate investor Barbara Getty details the secret of how she lives financially independent and debt-free from low to…
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SHOW NOTES FOR EPISODE 508: REMEMBERING YOUR WHY Some say real estate is the final frontier, where the average person has a legitimate shot at creating real wealth. But can we get so caught-up in the hunt that we lose sight of the dream. In this episode, Bill shares personal insights on the importance of remembering your “Why” and how he’s making a shift from “the hunt to the dream.” Tip of the Week – Schedule 5 Important Things…
I’m often asked what to look for when picking a property manager. Its a great question, and I’ll try to cover a few important points. Although they can sometimes be expensive, they can also save you from many headaches that go along with being a landlord. I’m going to ask more questions then I’ll answer, but these are questions you’ll want to keep in mind when interviewing managers. 1. Cost Managers generally…
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SHOW NOTES FOR EPISODE 507: WHY IS INDUSTRIAL REAL ESTATE IS SO HOT RIGHT NOW? Covid hit commercial real estate pretty hard in 2020-2021, however, some asset classes not only faired well but thrived as a result of the pandemic. One of these asset classes is Industrial Real Estate. In today’s podcast Industrial Commercial broker Michael Hernandez explains why Industrial is thriving and how you can get involved. What You Will Learn Why…
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SHOW NOTES FOR EPISODE 506: INTRODUCTION TO INVESTING IN FORECLOSURES With numerous predictions of a major market correction on the horizon, savvy real estate investors are standing ready with cash-in-hand to purchase foreclosures. In this episode, Bill provides an introduction to the basics of foreclosure investing, along with the pros and cons. Tip of the Week: Terminology – Holdover Clause Holdover Clause – This is a section of your Real Property Lease which describes what will…
By Ruth Jill Compared to other investment vehicles, many people find that putting their money in real estate is often a better move towards financial stability. After all, real estate investments have a predictable cash flow, high appreciation value, can be leveraged for higher returns, and provide equity. Investing in real estate is certainly a reliable way to achieve financial success in the future and lock-in your retirement plans. So to maximize…
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SHOW NOTES FOR EPISODE 505: SEO AND SOCIAL MEDIA MARKETING FOR REAL ESTATE INVESTORS Real estate marketing has come a long way since posting “For Sale” signs on front lawns as the sole way to attract potential buyers. In today’s podcast, the coolest guy in SEO Kris Reid shares how successful real estate businesspersons are utilizing the Internet, social media, and SEO to 10X their real estate marketing and sales efforts with explosive results. What You…
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SHOW NOTES FOR EPISODE 504: SPRING MAINTENANCE CHECKLIST As March goes out like a lamb, it’s time for landlords and tenants to roll-up their sleeves and inspect rental properties for any issues that may have developed during the winter months. In this episode, Bill lists some of the most common items to check that could cost you much more later if you don’t do the maintenance now. Tip of the Week Don’t Get Cold…
It was 5:00 PM and time for Susan to call it quits for the day. While signing off the computer, a last-minute check of the traffic reports revealed that the roads were backed up again. Susan drove home against the commute feeling her daily rush of sympathy for all those on the other side of the road stopped in traffic. Ten minutes later, she drove past a golf course and pulled into…
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SHOW NOTES FOR EPISODE 503: RE-THINKING POST-COVID REI THROUGH TECHNOLOGY AND INNOVATION The pandemic changed our world in profound ways and real estate is no exception. In today’s podcast, real estate empire builder Ari Rastegar shares how he went from flipping burgers at Johnnie Rockets to building a billion dollar real estate portfolio and how he has creatively adapted his business and their properties for the post-Covid world. What You Will Learn…
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SHOW NOTES FOR EPISODE 502: 2021 HOUSING MARKET PROJECTIONS AND OPPORTUNITIES Mortgage interest rates are going up and down like a roller coaster. Housing inventory is at historic lows. Unemployment, forbearances and mortgage delinquencies have set the stage for major economic impact. Economists and real estate gurus are shouting “Crash!” while politicians and others are saying: “Don’t worry. Everything will be OK!” What are we, as real estate investors, supposed to do? In today’s…
by Katie Conroy If you operate a home business or are seriously contemplating starting one, you may have already discovered that your current house is not up to the task of providing you with both an adequate home and an adequate business location. Old Dawg’s REI Network knows what a challenge this can be, but there is good news! You don’t have to live that way. Perform an Assessment Creating an ideal…
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SHOW NOTES FOR EPISODE 501: FIREFIGHTER CASH-FLOWING WITH ADU’S IN CALIFORNIA Sometimes generating cash flow requires thinking outside the box. That’s how one creative and innovative firefighter found his California real estate investing niche to make crazy cash flow profits. In this podcast, firefighter, Realtor, podcast host and real estate investor Peter McKernan shares how he discovered and leveraged ADUs (Accessory Dwelling Units) as the vehicle to double rental property returns in a…
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SHOW NOTES FOR EPISODE 500: 16 NO MONEY DOWN STRATEGIES YOU MIGHT NOT KNOW Getting started as a real estate investor may seem like an ominous task, especially if you consider saving the money necessary for a down payment. But what if you don’t need a down payment or any money to get started? Believe it or not, there are ways real estate investors can get started without any money. In today’s podcast, Bill…
By Jacob Blackett Artificial Intelligence (AI) is changing the way most industries work and operate. It’s nowadays hard to come across an industry that isn’t already utilizing AI and Machine Learning to streamline their processes. The real estate industry has historically been a bit conservative in embracing technology and other trailblazing changes. However, this has been different with AI. AI companies have been helping real estate investors achieve their goals even as…
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SHOW NOTES FOR EPISODE 499: PROPERTY MANAGEMENT AND LANDLORDING IN A COVID WORLD It’s a whole new normal for 2021 landlords! With the impact of the global pandemic on every aspect of our society and economy, real estate investing is no exception. In today’s podcast, landlord, property manager, podcaster and real estate investor Andrew Schultz shares what he is doing to strategically position his real estate business to succeed in the new normal. What…
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SHOW NOTES FOR EPISODE 498: BEST REAL ESTATE INVESTMENT STRATEGIES FOR A COVID ECONOMY Like many businesses across the country, real estate investors will have to reevaluate their business model in the wake of COVID-19. Fortunately, the best Coronavirus real estate strategies are among the same strategies investors have been using successfully for years. In today’s podcast, Bill shares specifically which real estate strategies are most likely to be effective in the midst of a…
I am often approached by people in residential real estate by people in different professions such as medicine, law, and others who are not too informed on commercial real estate and what it is really about. When they discover that I invest in commercial real estate, they always ask me, “Why?” Of course they acknowledge the most obvious reason, the amount of money that can be made. However, I am quick to…
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SHOW NOTES FOR EPISODE 497: NEW TAX CHANGES FOR 2020 and 2021 In the last 12 months, real estate investors had to deal with lockdowns, forbearance, eviction moratoriums, massive unemployment and other major impacts to their real estate businesses. In today’s podcast, author, real estate investor, CPA and tax strategist Amanda Han shares how new post-Covid tax changes and other potential laws could further impact real estate businesses and taxes. What You Will Learn What CARES ACT…
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SHOW NOTES FOR EPISODE 496: IS IT DIFFICULT TO GET A MORTGAGE WHEN YOU ARE RETIRED? Real estate investing is a powerful strategy to generate cash flow, build wealth and create a legacy in retirement. However, some people think it’s difficult to qualify for a mortgage as a retiree without W-2 employee income. In today’s podcast, Bill addresses this subject, the truths and fallacies and the strategies retirees can use to apply and get approved for mortgages…
By Jennifer Bell Over the last twelve months, the real estate industry has been impacted immensely by the COVID-19 virus. Not only has the actual process of buying and selling a home become more challenging, social distancing and quarantining have made it nearly impossible to do any kind of in-person business; something that is crucial in the real estate industry. Because of the challenges that the real estate industry has been experiencing,…
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SHOW NOTES FOR EPISODE 495: WHAT IS A LAND TRUST AND HOW CAN IT PROTECT MY PROPERTIES? Effective asset protection is critical to your long-term real estate investing success. But most investors think that LLCs are the only way to set up asset protection. In today’s podcast, real estate investor and and asset protection attorney Scott Smith shares how Land Trusts, in combination with a Series LLC, is the most cost-effective and best protection for your investment…
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SHOW NOTES FOR EPISODE 494: HOW TO FIND THE BEST NEIGHBORHOODS FOR REAL ESTATE INVESTING “Location, location, location.” They say location is the key to real estate investing success. But how do you know if a location is bad, good, indifferent or great? Choosing the right neighborhood is equally as important as getting all the right numbers for a real estate investor. In today’s podcast, Bill provides tips for finding the best neighborhood for…
Negotiations in real-estate deals are all about compromising and agreeing in order to close a transaction. When negotiating, the negotiator should know the needs of the client. Legal knowledge is important since the negotiator should be able to identify the legal processes that could be done to achieve the client’s needs. Negotiators are usually real-estate lawyers, although real-estate agents would also negotiate for their clients. To get successful negotiation results, it is…
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SHOW NOTES FOR EPISODE 493: JV PARTNERSHIPS, SYNDICATION AND SEC UPDATES Joint Venture Partnerships and Syndications are two common ways to structure bigger real estate deals. But which do you utilize under various situations? In today’s podcast, author, real estate investor and syndication attorney Kim Lisa Taylor shares how and when the two different structures come into play, as well as sharing the latest SEC updates for 2021. What You Will Learn What differentiates a…
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SHOW NOTES FOR EPISODE 492: HOUSE HACKING OVER 50 House hacking can be a great way to get started in real estate investing and to grow a rental property portfolio. But for people over 50, it might be a big challenge or a big benefit, depending on how you view it. In today’s episode, Bill explores the various types of house hacking and weighs in on the pros and cons for investors over 50…
by Jacob Blackett For a long time, real estate investment has been considered one of the safest investment options. As most industries continue to be on their knees due to the Coronavirus pandemic, the real estate industry has continued growing stronger. Investors have continued to be attentive to investment options as they expand their assets. Investor appetite and demand is barely being met. This presents an opportunity for agencies and professionals to…
SHOW NOTES FOR EPISODE 491: 10 TERMS EVERY REAL ESTATE INVESTOR NEEDS TO KNOW It’s very important that real estate investing professionals clearly understand the vocabulary of their profession. Too often, well meaning investors say misleading things, not trying to be deceptive but because they don’t know the precise meaning of the words they are using. In today’s podcast, author, attorney, accountant and real estate investor Michael Lantrip shares 10 common real estate terms that tend to be misinterpreted…
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SHOW NOTES FOR EPISODE 490: SELLER FINANCING – A GREAT TOOL IN RECESSIONARY TIMES Economists and leading real estate investors are warning that 2021 could mark the beginning of a significant recession. And, as with previous recessions, some savvy real estate investors are poised to acquire as many underpriced properties as possible. In today’s podcast, Bill shares how Seller Financing is an invaluable tool you should know to leverage your cash and create…
By Mike Cahill Designing a cabin from scratch can be an exciting, but stressful process. And, without a professional architect at your side or years of experience yourself, there are so many crucial considerations that can easily be missed. Whether you’re building a vacation home for your family or a rental property to generate cash flow for years to come, we’ve selected notable experts in the field to provide you with tips…
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SHOW NOTES FOR EPISODE 489: CREATING A BILLION DOLLAR REAL ESTATE PORTFOLIO They do not look rich. They may even live in a humble tract house in the suburbs and drive a mid-sized car that’s 10 years old. But, underneath it all, they actually have a net worth over one billion dollars because of the properties they own. In this podcast, commercial broker and author Brent Sprenkle shares stories of how his own clients…
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SHOW NOTES FOR EPISODE 288: WILL VALUE-ADD INVESTING WORK IN 2021? Value-add is probably a familiar term to many real estate investors. It has been the primary strategy for investors purchasing apartment buildings for many years. However, this investment strategy was significantly jolted by pandemic-related shutdowns. In this podcast, Bill examines the strategy and whether or not it can still work in a post Covid economy. Tip of the Week Tenant Retention Tip: Punishing…
The first thing that should be noted is that flipping houses is a great way to bring home a rather large profit in a relatively short amount of time when doing so in a seller’s market so to speak. The problem is that when we shift from a seller’s market to a buyer’s market from one end of the United States to another. Foreclosures also began to increase, which means that the market has…
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SHOW NOTES FOR EPISODE 287: FINANCIAL FREEDOM ON RENTAL AT A TIME He started with $40,000 and leveraged it into a real estate empire — all while working full-time. In this information-packed podcast episode, real estate investor, coach and author Michael Zuber shares his story of how he conservatively grew his rental portfolio, one house at a time, to financial independence, all with an understanding of the numbers, a single market focus and…
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SHOW NOTES FOR EPISODE 486: TOP 11 REAL ESTATE INVESTING MARKETS FOR 2021 The pandemic has impacted every facet of society, and real estate is no exception. But there are some cities in the U.S. that not only survived intact but are actually thriving. In this podcast, Bill examines the 11 best major metro areas that offer the best opportunities for real estate investors during 2021 Tip of the Week Terminology: “Clear Title”…
By Jennifer Bell Investing in real estate can be an extremely lucrative and beneficial investment. As long as it’s done right, investing in real estate can not only make you money, it can also diversify your current investments. Investing in real estate is something that anybody can do as long as they take the time to research what to invest in and how to do so properly. However, many people never think…
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SHOW NOTES FOR EPISODE 485: SYNDICATING MOBILE HOME PARKS One real estate asset class with the highest returns is mobile home parks, also called manufactured housing communities. Successful mobile home park investor and owner of Keel Team, LLC Andrew Keel shares why mobile home parks are such good investments and some of the ways investors can get involved, including syndication. What You Will Learn How to get started in mobile home investing with…
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SHOW NOTES FOR EPISODE 484: FORECLOSURES AND OTHER REAL ESTATE INVESTING OPPORTUNITIES 2020 was a really tough year for the economy and the real estate market, but even in down markets there’s still opportunity for prime real estate investing. In today’s podcast, Bill looks at 2021 and some of the unique real estate investing opportunities that are sure to benefit savvy real estate investors. Tip of the Week – Always Buy Below Market Investing in…
by Jacob Blackett Many experts and investors predict an economic downturn soon. The real estate market trends are looking unsustainable to some experts. While property prices continue to increase, some believe it’s a bubble that’s about to burst. The coronavirus pandemic is not making things any better as the economy takes a major hit. This could be the most confusing period for any real estate investor. It’s uncertain whether their investments could…
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SHOW NOTES FOR EPISODE 483: COLIVING – THE NEXT BIG REAL ESTATE INVESTING OPPORTUNITY? The need for affordable housing in larger cities for people 20 to mid 30s has spurred the development of a new real estate asset class called coliving. In this episode, coliving expert Connor Moore shares how this unique communal housing model is sweeping the globe and attracting entrepreneurs and investors alike. What You Will Learn What the definition of coliving is and how it differs…
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SHOW NOTES FOR EPISODE 482: WELCOME TO 2021 – ARE YOU READY TO GENERATE PASSIVE INCOME? So what are you going to do in 2021? The country, the economy and real estate market have all experienced major changes. How will that impact your real estate investing in the new year and beyond? In this episode, Bill shares some of his personal goals as well as explaining what “true” passive investment means. Intro Good…
By Dan Hall Are you ready to own a vacation rental? It isn’t that difficult to set up a home, apartment, or condo for guests — and the simpler, the better. From upgrades to customer service, these are the best pieces of advice on how to get the job done. As a bonus, you’ll make your rental stand out against the competition. The Old Dawg’s REI Network wants to help ensure your…
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SHOW NOTES FOR EPISODE 481: SO CAL HUSBAND & WIFE TEAM CRUSHIN’ IT IN INDIANAPOLIS Have you been wanting to get started in real estate investing but just don’t know where to start? In this episode, learn how husband and wife accountants Dan and Kelly Perez faced the same decision and, despite a strong sellers market and a global pandemic, they start investing and, in just two years, have managed to acquire 125 doors and counting! What…
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SHOW NOTES FOR EPISODE 376: BEST OF FUN FACTS FRIDAY – HOW TO RETIRE IN 5 YEARS Real estate investing can be the key to an early and fruitful retirement for those who are willing to put in the time and effort. It’s especially effective if you have a full-time job, can aggressively save and ramp up quickly to build up your real estate holdings. In this episode, Bill shares a simple formula anyone can use to build…
Real estate investing is always good and sometimes it’s red hot. When it’s hot, dozens of real estate seminars begin rolling across the country and thousands of people spend thousands of dollars for investing education. It’s startling to learn that of all those thousands of eager folks who attend these seminars only about 5% buy even one investment house. Why? The real estate gurus sell the “sizzle” and make profiting from real…
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SHOW NOTES FOR EPISODE 479: BEST OF OLD DAWG’S REI NETWORK PODCAST – RENTAL PROPERTY ANALYSIS SIMPLIFIED Outside of an in-depth understanding of your market, thorough property analysis is key to your real estate investing success. In this episode, Frank Gallinelli, Columbia University professor and author of the best selling book, What Every Real Estate Investor Needs to Know about Cash Flow, clearly explains effective property analysis, as well as identifying which key metrics are most important….
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SHOW NOTES FOR EPISODE 478: BEST OF FUN FACTS FRIDAY – HOW TO ACQUIRE INVESTMENT PROPERTIES WITH LITTLE OR NO MONEY DOWN Can or should you try to put as small a down payment as possible on an investment property? Can you still acquire investment properties for little or no money down? In this podcast, Bill explores these questions and more as he shares information on where you can obtain loans requiring little or no down payment….
By Ruth Jill Having enough money for retirement is something we all think about a little bit more with each passing year. And, unfortunately, it’s becoming a little bit more of an issue for Americans. Data shows that by and large, Americans don’t have enough retirement savings — and a discouraging number of individuals have little saved at all. This is a significant problem that will likely require some kind of government shift or…
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SHOW NOTES FOR EPISODE 477: BEST OF OLD DAWG’S REI NETWORK PODCAST – HOW A GIRL FROM THE PROJECTS BECAME A MILLIONAIRE REAL ESTATE MOM DON’T FORGET TO DONATE TO OUR HOLIDAY HELP FOR HAITI CAMPAIGN! Click here to donate: https://chuffed.org/project/childhope-olddawgs We’ve extended the deadline! We’re trying to raise $2,500 by December 22nd! Show Introduction She grew up in a tough part of town, the oldest of six kids, being raised by a hard-working single…
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SHOW NOTES FOR EPISODE 476: BEST OF FUN FACTS FRIDAY – HOW TO BECOME A REAL ESTATE INVESTOR FOR ONLY $500 DON’T FORGET TO DONATE TO OUR HOLIDAY HELP FOR HAITI CAMPAIGN! Click here to donate: https://chuffed.org/project/childhope-olddawgs We’re trying to raise $2,500 by December 22nd! How much money does it really take to become a real estate investor? $500? $5,000? $50,000? Or, does the amount of money even matter if there is no motivation? Too…
By Jacob Blackett Economically speaking, 2020 has been one of the most difficult years. The COVID-19 pandemic brought with it a financial downfall that has so far affected many industries. To start with, some industries, such as hospitality and travel, were almost rendered defunct. The real estate industry has also taken a hard hit. Many people will barely consider a deal worth thousands or millions when they’re trying to afford the next…
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SHOW NOTES FOR EPISODE 475: BEST OF OLD DAWG’S REI NETWORK PODCAST – RETIREMENT AT 33 THROUGH CREATIVE MULTIFAMILY FINANCING DON’T FORGET TO DONATE TO OUR HOLIDAY HELP FOR HAITI CAMPAIGN! Click here to donate: https://chuffed.org/project/childhope-olddawgs We’re trying to raise $2,500 by December 15th! Jason Harris may be young but he has been advising old dawgs on how to retire smart for the last 7 years. However, it wasn’t until he started investing in real estate…
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SHOW NOTES FOR EPISODE 474: BEST OF FUN FACTS FRIDAY – 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…
Be careful when buying rental property. I stayed at a motel for a week one winter. The bill showed twice what it should have, but since I already paid the correct amount in cash, I thought nothing of it. When I noticed that the lobby and swimming pool were unheated, we thought it was frugality. Only a year later, when I read a news story about a new owner struggling to make the motel…
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SHOW NOTES FOR EPISODE 307: BEST OF OLD DAWG’S REI NETWORK PODCAST – BUYING STRATEGIES FOR TODAY’S REAL ESTATE MARKET DON’T FORGET TO DONATE TO OUR HOLIDAY HELP FOR HAITI CAMPAIGN! Click here to donate: https://chuffed.org/project/childhope-olddawgs We’re trying to raise $2,500 by December 15th! After 10 years as a successful real estate broker, Seth Ferguson realized that the people making the real money in real estate were the real estate investors, not the brokers. So, he set…
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SHOW NOTES FOR EPISODE 472: BEST OF FUN FACTS FRIDAY – A BEGINNER’S GUIDE TO MAKING MONEY IN REAL ESTATE DON’T FORGET TO DONATE TO OUR HOLIDAY HELP FOR HAITI CAMPAIGN! Click here to donate: https://chuffed.org/project/childhope-olddawgs We’re trying to raise $2,500 by December 15th! When it comes to investment, real estate has proven to generate some of the highest returns. However, many people are unsure about how to get started. If you are…
The holidays give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. Here are six reasons why it’s smart to buy in December: Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm…
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SHOW NOTES FOR EPISODE 471: DARK SECRETS OF SYNDICATIONS Investors in real estate syndications are making record returns. However, a syndication can also be very complicated and may appear to be a better investment than it actually is. In this podcast, veteran Old Dawg Podcast guest, engineer, real estate investor, syndicator, educator and best selling author James Kandasamy shares some dark secrets of syndications and how you can avoid high-risk, low-yielding deals. What You Will Learn How you can invest…
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SHOW NOTES FOR EPISODE 470: PUTTING TOGETHER YOUR 2021 STRATEGIC REAL ESTATE INVESTING ACTION PLAN “A goal without a plan is just a wish.” So is a real estate investor’s hopes of being successful without a plan. A good strategic real estate investing plan is critical if you hope to succeed as a real estate investor. In this episode, Bill shares why you need a plan as well outlining how to write a Strategic Real…
By Jennifer Bell COVID-19 has changed the world forever. Every single person has been impacted one way or another from the virus; whether that be by losing a loved one, losing a job, or simply having to spend months at home quarantining. With that being said, every kind of business has also been drastically impacted. While some businesses were forced to close down, others were forced to become completely remote. One particular…
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SHOW NOTES FOR EPISODE 469: MAKING QUICK CASH IN REAL ESTATE WITHOUT MONEY, CASH OR EXPERIENCE Yes, it’s true! You can become a successful real estate investor without money, cash or credit. In today’s podcast, real estate investor, serial entrepreneur, founder and CEO of Real Estate Worldwide Kent Clothier shares how he came back from being nearly broke to become a real estate titan. What You Will Learn How the average person can still…
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SHOW NOTES FOR EPISODE 468: BIDEN POLICIES AND REAL ESTATE INVESTING Many economists are predicting a major economic crash in 2021, regardless of who is elected president. In this podcast, Bill examines the economic policies of Joe Biden and how his policies will specifically impact real estate investing. Tip of the Day Top 10 Reasons to Walk Away From a Deal Mold Graffiti/Gang Tags Standing water They found a body in the maintenance shed Environmental Phase 1 – Dirty Seller…
I didn’t understand the concept of a real estate team at first, so I had a hard time with real estate investment. I tended to be a “lone wolf,” trying to do too much myself. I have since learned that real estate is a team sport. To be successful, you need a team of solid, quality people you can trust and rely on. Here are some key team members, and what they need…
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SHOW NOTES FOR EPISODE 467: INVESTMENT OPPORTUNITIES IN BUILD-TO-RENT There is a new phenomenon in real estate called Build-to-Rent that is taking the country by storm. In today’s podcast, real estate investor, national speaker, Build-to-Rent expert and CEO of Kinloch Partners Bruce McNeilage shares his experience as one of the successful pioneers of this amazing new investment strategy. What You Will Learn What Build-to-Rent properties are and what the opportunities are for real estate…
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SHOW NOTES FOR EPISODE 466: 17 BEST HABITS OF HIGHLY SUCCESSFUL REAL ESTATE INVESTORS There are certain attributes and habits successful real estate investors share that are an integral part of their success. In this episode, Bill shares 17 of those best habits and discusses how you can incorporate these habits into your everyday real estate investing activities for success now and in the future. TIP OF THE DAY …
Where are the best real estate investment 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 Does the area have decent job growth? Ask local authorities and use…
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SHOW NOTES FOR EPISODE 465: CREATIVE INVESTING IN OPPORTUNITY ZONES Opportunity Zones were created in 2017 to help invigorate and revitalize low income communities. Today, not only have Opportunity Zones achieved that goal but many real estate investors have found Zones to be a creative vehicle to grow their businesses and defer taxes. In today’s podcast, real estate investor and founder of Arizona-based AspireFund Ryan Scott shares how you can get creative with Opportunity Zone investing and…
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SHOW NOTES FOR EPISODE 464: WHAT IS THE BEST REAL ESTATE INVESTING STRATEGY FOR OLDER INVESTORS? Real Estate Investing is a great way to generate cash flow, create wealth and build a legacy in your retirements years. But how do you start? There are many types of real estate investing strategies. In today’s podcast, Bill looks at some of the more popular strategies and how those strategies may work for people 50 years of age and…
Many people see investing in real estate as a way to generate cash flow, build-up a nest egg and have tenants pay your mortgage for you. That is true but, like with anything, there are pros and cons and some mistakes to avoid if you want to succeed as an investor in real estate. 1. Be Pre-Qualified Always visit a with a mortgage broker or with your bank to get pre-qualified before you start…
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SHOW NOTES FOR EPISODE 463: CREATING AND PROMOTING YOUR BRAND Everyone has a brand whether they realize it or not! In today’s podcast, expert publicist and CEO of Walker + Associates Media Group shares insider information on creating and promoting your brand so you can have deals chase after you instead of you chasing after deals. What You Will Learn Why everyone, not just businesses and celebrities, have a brand How to get started in…
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SHOW NOTES FOR EPISODE 462: MOST COMMON REAL ESTATE INVESTING MISTAKES Real estate investing can be a profitable and worthwhile financial venture to build cash flow, obtain a great return-on-investment and to build a legacy for your children and your children’s children. However, you can achieve significant success sooner by avoiding common investor pitfalls. In today’s podcast, Bill shares some of the most common mistakes real estate investors make and how you can…
By Jennifer Bell During the trying times of the Coronavirus Pandemic, most things are being done virtually now. Doctor appointments, family gatherings, business meetings, and even home appraisals are all being made virtually through video chat. As if home appraisals were not stressful enough already, for some, they can be even more stressful while being done virtually. What if your internet connection fails? Or if your webcam stops working? Are you afraid…
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SHOW NOTES FOR EPISODE 461: FROM COP TO REAL ESTATE NON-STOP – 80 UNITS IN 3 YEARS IN DAYTON, OHIO If you set your mind on learning something and surround yourself with experts in that field you have a pretty good chance of succeeding. In today’s podcast, ex-cop, insurance agent and real estate investor Ryan Ingram shares how he grew a $50k per month real estate rental income from scratch by reading a book…
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SHOW NOTES FOR EPISODE 460: IS REAL ESTATE INVESTING FOR YOU? 90 percent of the world’s millionaires have one thing in common: they’ve either started or expanded their wealth through real estate investing. Indeed, real estate investing piques the interest of many people looking to build wealth and generate cash flow. But is real estate investing for everyone? In today’s podcast, Bill shares some of the tough realities, along with some of the…
by Isabella Caprario A fixer-upper can be an opportunity to make some extra money if you know how to invest wisely. If you’re considering house flipping, there are plenty of crucial things to understand before you begin the process. From your specific market to making significant upgrades, every house flipping element plays a role in your final asking price. Read on to learn more about house flipping and how you can use it…
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SHOW NOTES FOR EPISODE 459: OPPORTUNITIES AND PREDICTIONS FOR MARKET RECOVERY The coronavirus pandemic has not only created a “new normal,” it has created a new economy and, therefore, a new real estate market. In today’s podcast, attorney, registered investment advisor, real estate investor and CEO of Cap Stack Partners David Blatt shares insights into this new economy, what a recovery will look like and what new opportunities have emerged for real estate investors. What…
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SHOW NOTES FOR EPISODE 458: COVID-INVESTING – TO BUY OR NOT TO BUY – THAT IS THE QUESTION! It goes without saying that COVID-19 has had an unprecedented and far reaching effect on the economy. With record unemployment and job uncertainty being a reality for many, it can be tough to find the silver lining. In today’s podcast, Bill takes a look at the Covid economy and what options are available for investors…
As a real estate insider, you will need to evaluate income producing properties. You do this by analyzing the income and expense sheets of the subject property in which you are interested. Income and expense sheets do not involve fancy finance or numbers, and you do not have to take a difficult finance class in order to decipher the numbers and what they mean to the end user. It is very important…
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SHOW NOTES FOR EPISODE 457: BANKING ON YOURSELF – UNCONVENTIONAL REAL ESTATE FUNDING STATEGIES Savy real estate investors are utilizing a little-known investment strategy that allows them to fund their own deals without ever having to use a bank. In this podcast episode, financial planner and member of the Bank On Yourself Organization Sarry Ibrahim shares how real estate investors and business owners can create their own sources of financing while also building safe,…
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SHOW NOTES FOR EPISODE 456: 1000X2020 UPDATE When Bill Manassero launched the Old Dawg’s REI Network in 2016, he knew he had to set a formidable goal for his real estate investing efforts to keep him both motivated and focused . He set out to acquire 1,000 units or doors by the year 2020. In todays podcast, and with only two months remaining in 2020, Bill shares where he is at with his goal and if he…
Selling income property isn’t like selling a house. You can paint a house, and get a little more because it looks nice. Rental property is different, because it’s bought by investors, who look at income more than new paint. Raise income, and you increase value. Let’s assume investors in your area expect a capitalization rate of .08. That means that they want a net return (before loan payments and taxes) of 8%…
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SHOW NOTES FOR EPISODE 455: FINDING BELOW MARKET DEALS WITH PROPERTY RADAR Finding great off-market property deals has become more difficult than ever. In today’s podcast, software developer and real estate investor Sean O’Toole shares how he was able to use his software expertise to design a platform that makes it easy to hack into public records to find those rare “diamond in the rough” off-market property deals at below market prices. What You Will…
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SHOW NOTES FOR EPISODE 454: REPURPOSING: THE NEXT BIG REAL ESTATE TREND The coronavirus economy has resulted in a series of “new normals.” WFH (work from home). Ghost downtowns. Empty malls. And off the chart ecommerce growth. But with major change comes new opportunities. In today’s podcast, Bill takes a look at repurposing and how real estate investors are uncovering new opportunities from obsolete or declining properties. Tip of the Week: As your portfolio grows, stop being…
An interview with author, real estate investor and podcast host Rachel Richards We are in a financial education crisis. At no point in our lives are we taught how to manage our money, and then we’re left to figure it out all on our own. No wonder we grow up with so many misconceptions about finance! Rachel Richards, bestselling finance author and former financial advisor, joins us today to clear the air…
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SHOW NOTES FOR EPISODE 453: REAL ESTATE INVESTING IN THE CORONAVIRUS ECONOMY We know that the coronavirus has changed the world and created a “new normal,” but how has the pandemic specifically affected real estate investing. In this podcast, multifamily real estate investor, entrepreneur and educator Neal Bawa shares how Covid has impacted real estate investing, how we should respond to this “new economy” and what new opportunities are available for forward-looking investors. What You Will Learn How should…
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SHOW NOTES FOR EPISODE 452: HOW TO PREVENT TENANT TURNOVER Finding ways to avoid tenant turnover and prevent vacancy in your rental property is crucial to success, and understanding the trends that impact the average tenant turnover rate is a key piece of the puzzle. In this episode, Bill shares the causes of tenant turnover and 9 tips to prevent it and attract long-term tenants to your rental property. Word of the Week Accredited…
There is little doubt about the fact that a real estate market crash can be frightening for everyone, especially investors. When the market is good, it’s great; however, when it starts to slide it can be more than a little stressful. Many new investors often look to veteran investors and wonder how they are able to make it through the ups and downs of the real estate market year after year and…
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SHOW NOTES FOR EPISODE 451: FROM MILITARY TO MILLIONAIRE THROUGH REAL ESTATE INVESTING Here’s a little secret: military personnel and vets have an advantage over all other real estate investors! In today’s podcast, you will learn how U.S. Marine, real estate investor, and podcaster David Pere, with a limited salary, a job that requires constant relocation and a growing family, amassed an impressive real estate portfolio and still has time to teach other soldiers…
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SHOW NOTES FOR EPISODE 450: ASK BILL! WHERE TO BUY A HOUSE FOR $1,000 AND HOW TO FIND A MULTIFAMILY MENTOR Tip of the Week Make your money when you buy – “It’s easy to overpay for real estate, especially in this market where things are selling quickly. In general, if you’re keeping the property, don’t count on appreciation as a way to make money. It can work but it’s still a higher…
You probably already know some of the secrets of how to make an offer on a home. You offer less than you’re willing to pay, right? That’s the most common negotiation technique. For experienced investors, though, that’s just one technique among many more powerful ones. How To Make An Offer 1. Offer an odd amount Offer an odd amount like $161,735. This gives the impression you know something the seller doesn’t. He…
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SHOW NOTES FOR EPISODE 449: KNOWING YOUR MARKET DOWN TO THE FLOORBOARDS When a physical therapist decided to flip a few houses to pay off her student loans, she never dreamed this would happen! In this podcast, you will learn how doctor of physical therapy, model, and real estate investor Kimberly Marie “accidentally” mastered real estate investing by leveraging her natural curiosity, along with her unique in-depth market research methodology, to reduce investment…
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SHOW NOTES FOR EPISODE 448: WHY THE SILVER TSUNAMI IS CHANGING THE REAL ESTATE MARKET AS WE KNOW IT Real estate investors need to be aware that a “silver tsunami” is forming, a huge wave of homes expected to hit the market as baby boomers — people born between 1946 and 1964 — age, downsize, and die. In today’s podcast, Bill shares information that could literally reshape today’s real estate investment market. Word…
By Dan Hall House hunting can be tricky during a pandemic. It can be risky to visit a home in person, and tough to know how to complete all the necessary steps involved in buying a house, such as conducting a thorough home inspection. Before you jump into looking at houses, follow some of these tips for knowing what virtual tools are available to help you. Virtual home tours While it’s not…
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SHOW NOTES FOR EPISODE 447: HOW TO FLIP A HOUSE IN 7 DAYS Building a real estate business that generates enough money to replace your W2 income is not an easy task – unless you’re an over-achieving house flipper named Tyler Jensen. In today’s podcast, entrepreneur, philanthropist and flipper extraordinaire Tyler Jensen shares how he went from milking cows to corporate executive to full-time power house flipper who has the distinction of being the first fix ‘n flipper to…
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SHOW NOTES FOR EPISODE 446: CAN YOU REALLY GET A MORTGAGE RATE BELOW 2%? Interest rates are at an all time low and this means wonderful things for real estate investors. But how low can they go and what is the true cost of those super-low rates? In this podcast, Bill explores ultra low interest rates and whether they are worth the cost or hassle. He also shares where you can find great rates without having…
There are two legal ways to increase your wealth: Keep more of what you have (e.g., tax strategies, rehab efficiencies, expense reductions, cost savings) Add value to something (e.g., a real estate investment, stocks, bonds) Let’s focus on those hacks that will specifically add value to your real estate investments. The most obvious is certainly those things that will bring your property back up to standards. We have to do the obvious things such as:…
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SHOW NOTES FOR EPISODE 445: WORDS OF ENCOURAGEMENT IN TROUBLING TIMES It’s not a matter of if but when the next recession will hit. Some will survive. Others will thrive. In today’s podcast, entrepreneur, real estate investor, multiple business owner, author, mentor, and community philanthropist Rod Khleif shares how he lost $50 million in the Great Recession and rebounded and how he is preparing for the next big one. What You Will Learn How not to lose…
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SHOW NOTES FOR EPISODE 444: MY WEEK IN INDY – THE GOOD, THE BAD AND THE UGLY! Passive investing can be fun but some C properties can yield a level of fun that might shock even the most veteran real estate investor. In this no-holds-barred podcast episode, Bill shares the unexpected good, bad and ugly adventures he experienced in a long-overdue week-long visit to his 22-unit apartments in Indianapolis. Tip of the Week…
If you really want the best deals in investment properties, you have to increase your odds by digging deep and finding more deals. Who is more likely to get a cheap apartment building deal, an investor that looks through loopnet.com and calls it a day, or the person who has a multi-pronged approach that can generate leads ten different ways? Here are the ten ways you may not have considered: 1. Talk Real Estate…
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SHOW NOTES FOR EPISODE 443: 82 UNITS IN 3 YEARS WHILE WORKING FULL-TIME In just three years, Jens Nielsen was able to amass a diverse real estate portfolio comprised of 82 rental units, 2000 mobile home park units, 14 syndications, 6,000 storage units, mortgage note funds and private money lending – all while working full-time. In today’s podcast, Jens shares how he did it and what makes it work. What You Will Learn Why…
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SHOW NOTES FOR EPISODE 442: 8 WAYS TO PAY-OFF YOUR MORTGAGE EARLY As you build your rental property portfolio, getting low interest mortgage rates is critical for leverage, cash flow and tax savings. However, as your portfolio reaches its desirable size, you need to start thinking about paying off your mortgages for increased cash flow and to pass down a debt-free asset. In today’s podcast, bill shares eight plus ways you can accelerate your mortgage pay-off and save…
By Ashley Smith Being a landlord presents many challenges, which require interaction and empathy with tenants, whilst also keeping an element of self-interest in mind too. Owning a property is a financial burden on you and the return you take from it is crucial for your own quality of life. However, that must be offset with consideration around the tenant in your property, whose life you essentially cradle in your hands. There…
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SHOW NOTES FOR EPISODE 441: HOW TO BUY QUALITY OFF-MARKET RENTAL PROPERTIES WITHOUT LEAVING YOUR HOME What if you could purchase a pre-screened, pre-inspected, cash-flowing property in a good market, with a good property manager and tenants already in place – all with a 30-day money back guarantee? Well, in today’s podcast, you’ll hear from the CEO of Roofstock Gary Beasley who has launched an online service that does all that and more. What You…
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SHOW NOTES FOR EPISODE 440: ALL ABOUT FHA LOANS FHA loans are an invaluable tool for real estate investors, especially new investors and house hackers. In today’s podcast, Bill digs into the world of FHA loans and shares what FHA loans are, how they can benefit real estate investors and the pros and cons of using an FHA loan. Tip of the Week Don’t over-leverage yourself – You can be very successful for…
There are many different types of real estate investments. Which way is best is for you, according to your particular needs. Here are 10 ways to consider, with their advantages and disadvantages. 1. Rental Houses Advantages: One of the easier ways to get started, and good long term returns on your investment. Disadvantages: Being a landlord isn’t much fun, and you typically wait a long time for the big pay-off. 2. Apartment…
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SHOW NOTES FOR EPISODE 439: HOW I GREW MY REAL ESTATE BUSINESS TO OVER $1 MILLION IN PROFITS IN 12 MONTHS After 20 years in corporate life, Mike realized that his hope for a great retirement looked bleak. He decided to find a side hustle to make a little extra money to supplement his retirement funds. In today’s episode, author, entrepreneur and real estate investor Mike Simmons shares how he grew his side hustle from just a “little extra money” into a…
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SHOW NOTES FOR EPISODE 438: MUST KNOW KEY RATIOS FOR A QUICK PROPERTY ANALYSIS Some people say real estate investing is all about the numbers. But what are the right numbers to determine whether a property is a gem or a dog. In this episode, Bill takes a look at those key “must have” numbers and ratios that help real estate investors identify those truly great rental properties. Tip of the Week Treat your investments…
You can purchase property for cash, of course, and if you have it, this can be the best way to get a great price. But what if you don’t have the cash? Here are some other options available for investors. Partner To Purchase Property Join the local real estate investing group in your town. Then start taking notes, names, and numbers. Many real estate investment groups meet monthly in various cities. The…
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SHOW NOTES FOR EPISODE 437: WHAT TO LOOK FOR IN FINDING A GOOD REAL ESTATE ATTORNEY As a real estate investor, putting together a winning team is crucial for your long-term success. Accountants, bankers, real estate brokers and agents, and attorneys are some of the key members of your team. In today’s podcast, real estate investor and attorney Jeff Love shares important tips on how to find and evaluate a good real estate attorney. What…
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SHOW NOTES FOR EPISODE 436: 4 SIMPLE STEPS TO BECOME A SUCCESSFUL REAL ESTATE INVESTOR Becoming a successful real estate investor is not as difficult as many people think. Sure there is some basic knowledge required but it’s action and perseverance that will make you successful. In this podcast, Bill presents the essential steps necessary to become and succeed as a real estate investor. Tip of the Week Set a budget and timeline (and expect to go…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
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SHOW NOTES FOR EPISODE 435: HANDS-OFF REAL ESTATE INVESTING Real estate investors often differ on their perceptions of what passive investing really is. Some see passive investing as owning a self storage facility or trading deeds or liens or even owning rental properties. In today’s podcast, Travis Watts, who has done many different types of real estate investing, shares why he feels passive investing through syndications is both the best type of passive investing and one of the most…
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SHOW NOTES FOR EPISODE 434: TOP REAL ESTATE TRENDS FOR THE THIRD QUARTER OF 2020 During the coronavirus crisis, the U.S. economy has experienced a record jump in unemployment, record-low mortgage rates and a whipsawing stock market. All of that leaves the housing market in uncharted waters. In today’s podcast, Bill will take a look at housing market and six top trends all real estate investors should be watching. Tip of the Week Don’t over-leverage…
Mortgage rates are at record lows Would-be borrowers are always bogged down by the requirements that would expedite their loan process. It is practical and convenient to be prepared before you march into a creditor’s office. Read on and find out if you have what it takes to get a loan First things first Your property information If are using your home as equity for a refinance home mortgage loan, be ready…
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SHOW NOTES FOR EPISODE 433: SECRETS OF A 27 YEAR OLD RETIREE Zig Ziglar said, “You don’t have to be great to start, but you have to start to be great.” That’s exactly what personal finance expert, author and real estate investor Rachel Richards believed when she set out to retire in only THREE YEARS. In today’s podcast, Rachel Richard shares her secrets of how she became financially independent at ripe old age of 27. What You…
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SHOW NOTES FOR EPISODE 432: 11 KEY TRAITS OF A PROFITABLE RENTAL PROPERTY Are you looking to purchase a rental property to boost your investment portfolio? Investment properties can be exciting and very rewarding if you make the right choice. But income and rewards aside, the idea can be daunting, especially for a first-time investor. In today’s podcast, Bill presents 11 key traits or features investors should look for in finding a profitable…
One of the most crucial elements of real estate negotiation is time. Understand and master the use of time, and you can buy a property for thousands less. Here is one of the most important aspects of time: In Real Estate, Time is Money Time is of the essence. It even says as much on most real estate contracts. What does this mean? It means that whoever controls or understands the “elements of…
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SHOW NOTES FOR EPISODE 431: ALL-IN-ONE TECH SOLUTIONS FOR SMALL TO MEDIUM SIZED SYNDICATORS As more and more people are investing in syndications, the need for effective data management and communication is critical. In this podcast, Jake Marmulstein, a real estate investor and the CEO of Groundbreaker, shares how his company is helping to meet the needs of both investors and operators through an all-in-one tech solution that takes fundraising, investor reporting and investment management to a whole new level….
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SHOW NOTES FOR EPISODE 430: 7 WAYS TO BUY RENTAL PROPERTIES WITH LITTLE OR NO MONEY DOWN Can or should you try to put as little down as possible on an investment property? Can you still acquire investment properties for little or no money down? In this podcast, Bill shares seven ways you can acquire rental properties with little or no down payment. Tip of the Week Learn to Track and Improve Your Credit Score…
The financial industry greats will be the first to tell you that real estate investing has the potential to bring in serious profits. They will also gleefully inform you that the risks in some cases far outweigh the potential, especially if they are among the more cautious investors in the industry. Those who have made their fortunes in real estate however will tell you that investing in real estate is worth every…
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SHOW NOTES FOR EPISODE 429: THE WEALTHY GARDENER: FINANCIAL INDEPENDENCE THROUGH REAL ESTATE INVESTING Saddled with substantial student loans, plus the challenges (and expenses) of a new growing family, a young Chiropractor struggled to keep afloat and still find hope for his future. In today’s podcast, best selling author, real estate investor and entrepreneur Dr. John Soforic shares how he learned to overcome his financial challenges, write a best selling book and retire at age 49 with…
SHOW NOTES FOR EPISODE 428: HOW TO GROW YOUR OWN REAL ESTATE EMPIRE Real estate investing really is the final frontier, where the average person has a legitimate shot at creating real wealth. So, how can someone create and grow their own real estate empire? In today’s podcast episode, Bill spells out the specific steps necessary to make that dream a reality. Tip of the Week GET a Self-Directed Solo 401K Better than self-directed IRA, Roth…
Investing in real estate can be profitable if you know the correct ways to do business in this field. As real estate investment experts say there are several keys to making significant profits in real estate investment deals. And when the deals are profitable, you will certainly be well on your way to success. For real estate investment neophytes, don’t be afraid of the challenges and pitfalls you may encounter along the…
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SHOW NOTES FOR EPISODE 427: CREATING REVENUE STREAMS FOR MULTIFAMILY PROPERTIES Most multifamily operators don’t realize the multiple revenue-generating opportunities available to them. In this podcast, the managing partner of Multifamily Utility Solutions Kevin J. Gardner shares insider secrets on how you can generate income from sources already located on your multifamily properties. What You Will Learn Most apartment owners are not aware of all other income opportunities How to create multiple streams of multifamily revenue simply…
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SHOW NOTES FOR EPISODE 426: DECLINING DOWNTOWNS AND BOOMING BURBS! With Covid-19 lockdowns, empty office buildings, remote working environments, and riots in the streets, businesses are bailing out of downtown areas. And millennials are following as well. With all their reasons for moving downtown totally quashed, millenials are finding the suburbs as their new haven with affordable rentals and commute-free employment. In today’s podcast, Bill examines this new real estate phenomenon and the investment opportunities newly emerging. Tip…
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 425: DO-IT-YOURSELF LANDLORDING Investing in rental properties can be one of the best decisions you can ever make for your current and future financial success. However, not all investors realize the challenges that come with rental property ownership. In this information-packed interview entrepreneur, real estate investor and CEO of Avail shares his first hand experience of becoming a landlord, dealing with the day-to-day landlording challenges and creating a software service…
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SHOW NOTES FOR EPISODE 424: OLD SCHOOL TENANT SCREENING TIPS THAT STILL WORK TODAY Finding the ideal tenant is key to your success as a landlord. Choose poorly and it can cost you big time in headaches, time and money! Choose wisely, and you could experience many years of landlording bliss and profitability! In today’s podcast, Bill shares a couple of old school tips that still work today to help you screen for the best…
Real estate investing can be a profitable and worthwhile financial venture to build cash flow, obtain a great return-on-investment and to build a legacy for your children and your children’s children. However, be wise and understand that you can achieve significant success sooner by avoiding common investor pitfalls. Mistake # 1 – Spending thousands of dollars buying books, tapes and attending seminars and then putting all of that information on a bookshelf and never looking at…
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SHOW NOTES FOR EPISODE 423: WHY THE SENIOR LIVING REAL ESTATE MARKET IS BOOMING Ten thousand Baby Boomers are turning 65 EVERY day! The number of people 65 years and older will double in the next 40 years! This reality means that the demand for senior housing will increase exponentially in the near and distant future. In this episode, real estate investor, author and entrepreneur Vinney Chopra discusses this phenomenon and shares how real…
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SHOW NOTES FOR EPISODE 422: INVESTORS’ BIGGEST MISTAKES #1 – NOT STARTING The real reason most people don’t start investing in real estate earlier is fear. Fear takes many forms, but the three most common forms are the fear of failure, fear of success, and fear of the unknown. In today’s podcast, Bill will be discussing the toughest step in real estate investing and how to overcome it. When I first thought of…
Where should you invest in real estate? If you know an area well, and have enough experience investing in real estate, you can make money almost anywhere. However, there are always places that are better or worse for real estate investments – places that have a better demand/supply ratio. Use the questions below to find them. Demand Questions Is the population growing fast? Check the US Census figures online, or ask the…
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SHOW NOTES FOR EPISODE 421: FREEDOM FROM CAPITAL GAINS TAX WITHOUT A 1031 EXCHANGE Have you ever sold a property and used a 1031 Exchange to defer capital gains tax? Have you ever felt trapped by the 1031 Exchange’s unrealistic deadlines to locate and close on a replacement property? In today’s information-packed podcast, commercial broker, real estate investor and capital gains solutions expert Brett Swarts shares an alternative to the 1031 Exchange that allows you to…
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SHOW NOTES FOR EPISODE 420: SHOULD YOU INVEST IN REAL ESTATE DURING THE CORONAVIRUS PANDEMIC? While real estate investors are facing new challenges as a result of the COVID-19 pandemic, this doesn’t mean buying your first investment property or buying additional properties is impossible. Even though activity has slowed down, people are still buying and selling properties and some great deals are being done every day. In today’s podcast, Bill explores the state of real estate…
If you’re thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children’s college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you. Make Money in Real Estate – Fast Cash Strategy If you’re low on cash, get started…
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SHOW NOTES FOR EPISODE 419: INVESTING IN TRIPLE NET (NNN) COMMERCIAL PROPERTIES – PART 2 We continue our information-packed podcast series on Investing in Triple Net Commercial Properties with our Part 2 conclusion. In this episode, commercial broker and real estate investor Joel Owens shares strategies for investing in single tenant net lease properties for financial independence and offers tips to achieve maximum returns for long-term wealth creation. What You Will Learn The 4 main…
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SHOW NOTES FOR EPISODE 418: PET POLICIES VS. COMPANION ANIMALS Even the biggest animal lovers can change their tune when pets and rental properties collide. Service animals and emotional support animals can now override any landlord’s “no pet” policies, but how do you know which pets qualify? In today’s podcast, Bill examines recent laws that can force landlords to allow pets, even if you have a no pet policy, as long as the pet…
In today’s blog article we detail three things you should do several months before you get a mortgage loan. By being informed and proactive, a consumer will qualify for the best rates and terms for their mortgage. According to a loan officer who has done many transactions, “As a loan officer, I talk to people day in and day out and no matter how diverse my clients are I always end up asking the…
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SHOW NOTES FOR EPISODE 417: INVESTING IN TRIPLE NET (NNN) COMMERCIAL PROPERTIES – PART 1 There are many types of real estate investing, from fix and flips to rental properties to self storage to mobile home parks, to name a few. Triple Net (NNN) leasing, although having a higher price tag, has a great return without the hassles associated with other types of lease based investing like office or residential leasing. In this episode,…
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SHOW NOTES FOR EPISODE 416: REAL ESTATE IS STILL THE TOP INVESTMENT PICK The coronavirus economic shock has left Americans downbeat about stock market investing, even after the major market rebound off March lows, according to a new survey from Gallup. Along with stocks and mutual funds, other options in the survey included real estate, bonds, gold and savings accounts or CDs, and real estate remains the most popular investment choice. In today’s podcast, Bill…
Some of the most successful stock investors ever have based their investing principals on value investing. Investors such as Benjamin Graham, Irving Kahn, and Warren Buffet, have used value investing to build vast empires of wealth. Value investing was conceived by Benjamin Graham, and David Dodd, in their classic book, “Security Analysis,” written in 1934. Although they were talking about stocks, there is still a lot to be learnt from value investing…
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SHOW NOTES FOR EPISODE 415: MULTIFAMILY INVESTING FOR THE NEXT 12 MONTHS The multifamily investing market, like everything else, has been impacted significantly by the coronavirus. But what changes have occurred and how should we respond? In today’s podcast, multifamily investor with over 6,000 units, podcast host, CEO of SPI Advisory and frequent guest to the Old Dawg’s REI Network Michael Becker shares his expertise on where he sees multifamily going over the…
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SHOW NOTES FOR EPISODE 413: WILL WE SEE ANOTHER REAL ESTATE CRASH LIKE IN 2008? Covid-19 has changed the world but will it be responsible for creating another real estate crash like the Great Recession of 2008? In this podcast episode, Bill explores this question and others regarding the impact of the coronavirus on the real estate market today and in the near future. Tip of the Week Rent by the Room Consider converting your AirBNB…
You have probably seen the infomercials in the past that are trying to tempt you into buying government foreclosures. And more than likely you probably dismissed these offers as a get rich quick scheme that will never work. While government foreclosures may not be exactly what you see and hear on television, they definitely have their place in the real estate industry. In order to take advantage of government foreclosures you must…
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SHOW NOTES FOR EPISODE 413: REAL ESTATE INVESTING WITHOUT TENANTS, TOILETS AND TRASH Do you want to invest in real estate but are a bit strapped for cash and also not too fond of going into debt? No worries. In this podcast episode, blogger and real estate investor Seth Williams shares insider tricks on how you can buy vacant land for as little as a few hundred dollars and flip it with returns in the thousands….
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SHOW NOTES FOR EPISODE 412: FINANCIAL RELIEF FOR REAL ESTATE INVESTORS You’re not “officially” a small business, nor do you have employees, so where can you get assistance as a real estate investor? In today’s podcast, Bill shares new options available for you if you’ve been hit with unpaid rents, unemployed tenants, overwhelming expenses and other Covid-19 real estate-related calamities. Tip of the Week 4 Key Reports You Need From Your Property Manager Every Month Profit…
by Katie Conroy Selling one’s home in a down market can be, quite literally, a downer. Buyers are generally looking for bargains that are often not in your—the seller’s—favor. Not only that, but other sellers are also likely to be in the same boat, and they may even be more prepared than you are to bite the bullet and offload their properties for less than what they’re worth. However, this isn’t to…
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SHOW NOTES FOR EPISODE 411: SUCCESSFUL STUDENT HOUSING FOR BEGINNERS Would you like to know how to take a 3 bed 2 bath home that rents for $1,700 a month and make it generate $3,100 a month? And would you like to know how to automate the management of that property (plus 3 others) so you can continue to work your full-time job? In today’s podcast, full-time pharmacist, student housing investor and educator Ryan Chaw shares his…
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SHOW NOTES FOR EPISODE 410: WHAT’S ALL THE FUSS ABOUT SENIOR LIVING? When we think about recession-proof investments, it usually means niches that will always have a strong demand, regardless of the economy. In today’s podcast, Bill zeros in on a niche that he has a personal connection with that he feels will not just survive a tough economy but will continue to grow despite the economy. Tip of the Week Pros & Cons of Working…
When I decided that investing in real estate was the best way to fund my retirement, I set out to learn everything I could about it. I talked to friends who had been successful in real estate investing, read anything and everything I could find, participated in forums/webinars, attended seminars, ordered courses, listened to podcasts and watched endless hours of YouTube videos. After all, the last thing I wanted to do was…
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SHOW NOTES FOR EPISODE 409: BEFORE YOU QUIT YOUR DAY JOB… She was a successful engineer who loved her job and the international travel involved. However, the realities of a new marriage and 2 children created a true conflict. In this podcast episode, learn how engineer, real estate investor, wife and mom Pam Scamardo overcame this challenge by building a multifamily portfolio that allowed her to walk away from her job in just 2 years. What You Will…
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SHOW NOTES FOR EPISODE 408: WHEN TO WALK AWAY FROM A DEAL Walking away from a seemingly good deal is something many real estate investors find very difficult. When you’ve found the investment property of your dreams and are getting ready to close, letting go can be tough. However, when something goes wrong, walking away might be your best decision. In this episode, Bill shares five red flags that every investor should know before signing…
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…
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SHOW NOTES FOR EPISODE 407: BUILDING A LOCAL REAL ESTATE EMPIRE WHILE WORKING A DAY JOB Did you know that you can create a real estate empire in your own backyard while working a full-time job? Well, that’s exactly what real estate investor and entrepreneur Jason Pero did. In today’s podcast, Jason shares how he started out buying local rental properties and ended up amassing a portfolio of 900 units simply by educating himself, finding mentors…
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SHOW NOTES FOR EPISODE 406: INVESTORS BIGGEST MISTAKES #3 – NOT ALLOWING REI TO RUN YOUR LIFE Do you ever feel like your real estate investing business is running your life and time? In today’s podcast, Bill explores this major investor mistake and how you can take the reins of your business and re-engineer it to run without you so that you can enjoy the financial independence that attracted you to REI in the…
There are many things to watch for when buying a new home. Often, home buyers find themselves overwhelmed by the process of buying a home and overlook many of the telltale signs that a home might not be all they think it is. It will always be good practice to go over the negative aspects of any given home, in detail, before making an offer. Many of the following things should be…
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SHOW NOTES FOR EPISODE 405: CONSERVATIVE INVESTMENT STRATEGIES FOR TODAY’S MULTIFAMILY MARKETPLACE Whether in weak, strong or uncertain economies, real estate remains an investment that can weather any storm. In today’s podcast, multifamily real estate investor and CEO of Blue Lake Capital, shares her story starting with humble beginnings in Israel cleaning synagogues at age 9 to becoming a real estate lawyer, M.I.T. MBA, Forbes author, podcast host, to overseeing a portfolio of multifamily properties…
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SHOW NOTES FOR EPISODE 404: VIRUS UPDATE – MULTIFAMILY MARKET RESEARCH FOR BEGINNERS Virus update! Old Dawg Podcast Guest tests positive, Bill’s house under quarantine and stimulus checks spur Rental Mania! In today’s podcast episode, Bill covers a host of informational tidbits, including a Virus Update and a beginner’s guide to multifamily market research to prepare investors for the buying spree ahead. Virus Update Perfect scripture for media fear mongering 2 Timothy 1:7 – “for God…
by James Cummings New homes today offer more advantages than ever before. Based on what matters to you, you will find that the benefits of a new home constructed by new-build specialists outweigh the advantages of a pre-owned option. New homes have many benefits over resale homes, including modern construction materials, new appliances, and state-of-the-art technology. Moving to a new home often also means moving into a brand new neighborhood with new…
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SHOW NOTES FOR EPISODE 403: HOW TO SAVE BIG MONEY WITH COST SEGREGATION One of the great advantages of real estate investing are the amazing tax benefits. But did you know you can save literally hundreds of thousands of dollars on your taxes through a special legal depreciation technique called cost segregation? In this podcast episode, cost segregation expert and real estate investor Yonah Weiss shares this incredible tax strategy that has saved…
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SHOW NOTES FOR EPISODE 402: VIRUS UPDATE – PRICE-TO-RENT RATIO AND WHY IT’S IMPORTANT We have more virus updates and new financial strategy information. Also, in the midst of a pandemic, it’s hard to think of real estate investing but, nonetheless, many are poised to take advantage of the great deals possibly ahead. In this podcast episode, Bill shares important data on a key analysis ratio that will be very helpful in finding good deals…
Getting ready to retire? Or, maybe you’ve retired, but you’re not sure your combined savings, Social Security, and pension (if you’re lucky enough to have one) will be enough for a comfortable living? You’re not the only one. According to the annual Retirement Confidence Survey released last month by the Employee Benefit Research Institute, only 21 percent of American workers feel “very confident” that they have enough money saved to fund their retirement. Retirees…
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SHOW NOTES FOR EPISODE 401: REAL ESTATE SUCCESS IN 5 MINUTES A DAY Do you have 5 minutes? With most people, time is our most valuable asset. Yet it seems that we seldom have enough time to do anything we truly want to do during the course of a day. In today’s podcast, Realtor, real estate investor, author and podcast host Karen Briscoe shows how you, by just committing to 5 minutes a day, can…
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SHOW NOTES FOR EPISODE 400: VIRUS UPDATE – WHAT HAPPENS IF TENANTS STOP PAYING RENT? When it was recently announced that renters would temporarily be exempt from eviction as a result of the Covid-19 pandemic, many landlords shuttered. The thought of losing income when many real estate investors are facing other financial challenges has caused many to be concerned. In today’s podcast, Bill addresses this issue and offers proactive steps landlords can take to help alleviate and…
By Katie Conroy Renting out your second home as a vacation rental is a smart, lucrative way to help the property pay for itself. It’s likely that you don’t spend most of the year—maybe even less than half—in your vacation home, which means you have several months out of the year when this property is vacant. An empty house is a costly house; by renting it out while you aren’t there, you…
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SHOW NOTES FOR EPISODE 399: MAKING TURN-KEY WORK Turn-key rental properties can be a disaster or a great way to get started and grow a rental property portfolio. Savvy investors need to know what to look for and what is required to make turn-key properties work for long term success. In today’s podcast, real estate investor, developer and turn-key provider Jame Wachob shares what he is doing in the Memphis market to make turn-key…
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SHOW NOTES FOR EPISODE 398: THE VIRUS – WHAT CAN WE DO? While many people are fearful and feeling helpless in the shadow of the coronavirus pandemic, others have decided to combat the virus individually. In today’s podcast, Bill examines the impact of the virus on real estate investing as well as citing specific things you can do to combat the virus on your own and with others. How the Virus May Impact Real…
In commercial real estate, cap rate, or capitalization rate, is used to determine the values of income producing properties such as apartments of five units or more, office buildings, strip malls and other such properties. The cap rate can represent extremely different things to different people in respect to their interests in commercial real estate. Before we investigate why cap rate matters, and what it means to specific people, let’s look at…
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NOTES FOR EPISODE 397: SELF-DIRECTED REAL ESTATE INVESTING Find out how you can generate great tax savings and deferrals by investing in real estate from within your own self-directed investment account. In today’s episode, real estate investor and founder of Sense Financial Services Dmitriy Fomenchenko shares insider investment strategies that yield great returns and tax advantages through self-directed real estate investing. What You Will Learn The true definition of self-directed investing What is…
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NOTES FOR EPISODE 396: RENTAL PROPERTY FIXES TO BOOST RENT If you want your rental property to yield its full potential, you need to look at every possible way to cut expenses and increase income. In today’s podcast. Bill presents a number of simple property improvements you can implement to warrant a boost in your monthly rental amount. Rental Property Improvements to Boost Rent Many people think landlords have it easy: all you need to…
Property investors have now turned their attention towards the lucrative deals presented by the commercial properties. This sudden interest is the result of the option to diversify your property investment portfolio, along with a high income and tax breaks. However, it is advisable to conduct a research before taking the plunge. Commercial properties include hotels, malls, medical centers, retail stores, business and industrial property. These are operated for a profit from rental…
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NOTES FOR EPISODE 395: NEW ASSET PROTECTION OPTIONS AND STRATEGIES One of the great joys of being a real estate investor is to see your portfolio and net worth grow exponentially over time. But as your assets grow, so does your risk of dealing with a law suit. It’s not so much a matter of if, but when that will happen. Without the proper asset protection in place, you could lose everything you worked…
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SHOW NOTES FOR EPISODE 394: INVESTORS BIGGEST MISTAKES #2 – NOT BUDGETING FOR CAPITAL EXPENSES Real estate investors make lots of mistakes. But the ones that seem to hurt most are those that cost you big dollars. In this episode, Bill explores the second biggest real estate investor mistake: not budgeting adequately for capital and other key expenses. Owning a rental property can be a great way to bring in more income, but as…
If you are looking for good returns over time, and a lower risk investment strategy, then investment in real estate is a good path to follow. Worldwide real estate markets are following an upward trend, that are creating exceptional returns for investors which has led to more people getting involved in this sector, and pushing gains even higher. One of the reasons why investment in real estate is so attractive is the…
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SHOW NOTES FOR EPISODE 393: INVESTING IN VACATION RENTAL PROPERTIES Do you want to learn how to make $50-60,000 a year NET with just one rental property AND have a vacation house in your favorite part of the country? In today’s podcast, entrepreneur, real estate investor and CEO of Vrolio Erica Muller shares how she is helping people from around the globe to generate amazing cash flow with just one vacation rental property. What You Will…
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SHOW NOTES FOR EPISODE 392: WHO DO YOU KNOW? I really consider it a true privilege and honor that I get to interview some of the most fascinating and successful people on my podcast. On my podcast, one of the questions I always ask my guests is “If something devastating happened and you lost absolutely everything you had, except $1,000 in cash, knowing what you know now, how would you use the $1,000…
By Ashley Smith, Exclusively for olddawgsreinetwork.com When it comes to real estate investment, syndication is rapidly gaining popularity as a passive strategy that yields significant returns. But what is real estate syndication? Real estate syndication is essentially about a group of people pooling their financial resources to purchase properties or projects which would otherwise be too expensive for them to afford on their own. In a recent podcast, Bill Manassero discussed some of…
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SHOW NOTES FOR EPISODE 391: MULTIFAMILY INVESTMENT STRATEGIES FOR 2020 Have you ever thought of buying apartment buildings? Did you think it was too much for you to handle? Well, real estate mogul, author, educator, coach, inspirational speaker and podcast host Vinney Chopra knows first hand what it means to start buying apartment buildings later in life. In this podcast, Vinney shares the success secrets that took him from only $7 to nearly $500,000,000 in…
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SHOW NOTES FOR EPISODE 390: 10 BEST CITIES TO RETIRE AND INVEST IN 2020 This is not your typical “Top 10” podcast episode. Instead of just creating a list, we looked for the best places to both retire AND to invest in real estate. In this episode, Bill examines and “overlays” cities in the following categories (top retirement cities, top real estate investment cities, top landlord-friendly cities and states without personal income tax)…
In the advent of a market correction or recession, many homeowners may opt to rent properties as opposed to trying to sell in an unstable and already saturated buyers market. But landlording involves some savvy, so listen up and heed some valuable advice before diving into the world of renting and leasing your home. Number one, take note that you’re not the only one is this position, so don’t immediately assume it’ll be easy as…
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SHOW NOTES FOR EPISODE 389: PROFITING FROM RAW LAND INVESTING Learn how two immigrants with no credit, savings or experience built a happenstance land flipping business into a real estate empire. In today’s episode, entrepreneur, podcast host and real estate investor Michelle Bosch shares how she leveraged a land flipping business into 8 different enterprises generating eight figure revenue. What You Will Learn Why investing in raw land is better than investing in…
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SHOW NOTES FOR EPISODE 388: SO YOU THINK YOU WANT TO BECOME A REAL ESTATE INVESTOR – A VALENTINE’S DAY STORY! With many real estate investors, it all began with that “light bulb moment” when they realize, all of a sudden – WOW! “I need to be investing in real estate!” But how many really know what that entails? In this podcast, Bill shines the light on the reality of real estate investing — specifically…
By Katie Conroy Purchasing rental properties has proven to be one of the most effective paths for beginner investors to take, but it comes with risks. For example, if your property is vacant, you’re responsible for all the expenses. If the market goes sour and you want to sell the property, it could take a while. You could also encounter difficult tenants, which sometimes leaves you wondering if the whole process is…
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SHOW NOTES FOR EPISODE 387: FROM NFL SIDELINES TO REAL ESTATE INVESTING SUCCESS When his lifetime NFL dream career went sour, Logan Freeman had to rethink the next 60 years of his life. In this episode, Logan shares his career re-engineering process and how real estate became the vehicle to provide massive income and wealth creation. He also shares insider tricks and tips that have allowed him to accelerate and optimize his journey. What You Will Learn…
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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…
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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…
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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…
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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…
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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…
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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…
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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…
Selling income property isn’t like selling a house. You can paint a house, and get a little more because it looks nice. Rental property is different because it’s bought by investors, who look at income more than new paint. Raise income, and you increase value. Let’s assume investors in your area expect a capitalization rate of .08. That means that they want a net return (before loan payments and taxes) of 8%…
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SHOW NOTES FOR EPISODE 379: HOW TO MAKE $3 MILLION A YEAR ON APARTMENTS YOU DON’T EVEN OWN – PART 2 He went from homelessness and living out of his van to motivated entrepreneur to AirBNB tycoon. In today’s podcast episode, we continue the second part of our podcast with Sean Rakidzich where he shares how he went from accidental AirBNB host to generating $3 million a year with apartments he doesn’t even own. What…
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SHOW NOTES FOR EPISODE 378: A BEGINNER’S GUIDE TO MAKING MONEY IN REAL ESTATE When it comes to investment, real estate has proven to generate some of the highest returns. However, many people are unsure about how to get started. If you are a newbie investor, you can invest in income property in multiple different ways- directly, indirectly, with a bad credit score, with no credit, or even with no money- and STILL…
By Rhonda Underhill Putting a house on the market during the colder months can be a little intimidating. However, if you’re downsizing or moving to warmer digs for retirement, you sometimes have to sell while it’s cold out. From lackluster lighting to slushy driveways, winter weather can put a major cramp in your house-selling plans. However, the right approach will actually allow you to take advantage of winter weather. Buyers tend to…
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SHOW NOTES FOR EPISODE 377: HOW TO MAKE $3 MILLION A YEAR ON APARTMENTS YOU DON’T EVEN OWN – PART 1 He went from homelessness and living out of his van to motivated entrepreneur to AirBNB tycoon. In today’s podcast episode, Sean Rakidzich shares how he went from accidental AirBNB host to generating $3 million a year with apartments he doesn’t even own. What You Will Learn How you can turn around any bad…
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SHOW NOTES FOR EPISODE 376: HOW TO RETIRE IN 5 YEARS Real estate investing can be the key to an early and fruitful retirement for those who are willing to put in the time and effort. It’s especially effective if you have a full-time job, can aggressively save and ramp up quickly to build up your real estate holdings. In this episode, Bill shares a simple formula anyone can use to build a retirement rental property portfolio…
Capital is one of the biggest requirements for real estate. So many people want to get started in real estate investing, but do not have the money to do so. Sometimes it can seem like a Catch-22 kind of situation. You want to invest in real estate to make money, but you need money to invest in real estate. Many people wonder how they will ever be able to get started in…
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SHOW NOTES FOR EPISODE 375: RETIREMENT AT 33 THROUGH CREATIVE MULTIFAMILY FINANCING Jason Harris may be young but he has been advising old dawgs on how to retire smart for the last 7 years. However, it wasn’t until he started investing in real estate that he saw the true solution to the perfect retirement. Starting with almost no money and a strong commitment to succeed, Jason and his wife Carrie creatively grew and leveraged their real…
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SHOW NOTES FOR EPISODE 374: HOW TO BECOME A REAL ESTATE INVESTOR FOR ONLY $500 How much money does it really take to become a real estate investor? $500? $5,000? $50,000? Or, does the amount of money even matter if there is no motivation? Too often, we use the money issue as an excuse for inaction. In this podcast, Bill addresses the motivation issue as well as sharing multiple strategies a newbie real estate…
If you want to buy your first rental property, but aren’t sure if your budget can handle soaring real estate prices, we’ve got good news. There are things you can do to stretch your buying power. With the help of a good real estate agent – and these 10 tips – you can become a savvy real estate investor without breaking your budget. 1. Get pre-approved for your home loan. This means,…
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SHOW NOTES FOR EPISODE 373: RENTAL PROPERTY ANALYSIS SIMPLIFIED WITH FRANK GALLINELLI Outside of an in-depth understanding of your market, thorough property analysis is key to your real estate investing success. In this episode, Frank Gallinelli, Columbia University professor and author of the best selling book, What Every Real Estate Investor Needs to Know about Cash Flow, clearly explains effective property analysis, as well as identifying which key metrics are most important. What You Will Learn…
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SHOW NOTES FOR EPISODE 372: 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 valued properties. Finding below market value properties is entirely possible. How can that…
The holidays give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. Here are six reasons why it’s smart to buy in December: Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm…
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SHOW NOTES FOR EPISODE 371: 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…
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SHOW NOTES FOR EPISODE 356: ASK BILL! NO MONEY DOWN, EARN $10K MONTHLY, LOOPNET & FOREIGN INVESTORS This is our regular Fun Fact Friday “Ask Bill!” episode, where Bill answers 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.com. In today’s episode, Bill answers questions on: : What’s the best way to start investing in real estate with little or no cash? How can…
The assignment is by far the easiest of the Lease Purchase strategies and requires the least amount of investment and risk in order to do the deal and profit upfront. Instead of taking the property and subletting with an option or sandwich leasing you can actually sell the contract to another. You have created a valuable marketable commodity! You can sell and even create a note by financing the sale of the…
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SHOW NOTES FOR EPISODE 369: COMMUNITY TRANSFORMATION THROUGH MULTIFAMILY OWNERSHIP In 2008, Gary and Heidi Young were getting ready to retire — and then the recession hit. With four mortgages and no jobs, the recession took them by surprise and they struggled to recover and get through that difficult period. In 2016, they discovered multifamily investing and, within 3 years had acquired nearly 600 units. Today, their quest is much bigger than just acquiring more units. …
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SHOW NOTES FOR EPISODE 361: LET’S GET REAL ABOUT GOALS Setting obtainable goals is critical to effective planning and successful real estate investing. But, as Bruce Lee put it, “A goal is not always meant to be reached, it often serves simply as something to aim at.” When factors beyond your control hinder your ability to reach a goal, it’s not the end of the world but an opportunity to learn, re-engineer and…
Myself and many others are living proof that by changing your mental and physical habits, you can be successful in real estate investing. This article focuses on changing or fine-tuning your mental habits and attitudes toward real estate investment so that you can succeed. It’s about getting your mindset right. By mindset, I mean your way of looking at, and approaching your real estate investment business. This includes the way you perceive your…
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SHOW NOTES FOR EPISODE 365: AFFORDABLE MULTIFAMILY INVESTING – PART 2 Did you know you can buy multiple unit properties for less than the price of a single family home and never have to go through a bank? In today’s podcast, 50 year real estate investing vet Jay DeCima continues on the second of a two-part series sharing a unique real estate investing niche that few investors know. What You Will Learn How to find the…
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SHOW NOTES FOR EPISODE 366: IS REAL ESTATE STILL A GOOD INVESTMENT FOR 2020? With 2020 fast approaching, people are evaluating the best ways to invest money in the new year. There are plenty of investment options but which one will give the best return considering the economy, elections, interest rates and other unknown variables. Is real estate, which has done so well over the last five years, still poised to produce good returns in 2020? …
The financial industry greats will be the first to tell you that real estate investing has the potential to bring in serious profits. They will also gleefully inform you that the risks in some cases far outweigh the potential, especially if they are among the more cautious investors in the industry. Those who have made their fortunes in real estate however will tell you that investing in real estate is worth every…
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SHOW NOTES FOR EPISODE 365: AFFORDABLE MULTIFAMILY INVESTING – PART 1 What happens when you own 23 single family rental homes and are still barely breaking even? For author, educator and real estate investor with 50-plus years of experience Jay DeCima, he rolled up his sleeves and re-engineered his investing strategy to create a very profitable niche that virtually no one knows. In this engaging two-part interview, expect to learn a lot from this seasoned…
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SHOW NOTES FOR EPISODE 364: JUST DO IT! Tip of the day: FIVERR.com 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. Introduction Sometimes taking that first…
Vacant boarded up houses are ideal for real estate investors looking for quick turnaround flips. You’re talking about people who likely care very little about the property that they’ve left to decay. The owner of that house would be thrilled if an investor contacted them to take the house off of their hands. Except, the only problem is, the owner has completely vanished without a trace – or so it may appear! In these times of…
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SHOW NOTES FOR EPISODE 363: ATTRACTING MENTORS & RAISING CAPITAL FROM HIGH NET WORTH INVESTORS Two of the most compelling factors for real estate investing success are having a great mentor and being able to raise lots of money. In today’s podcast, real estate investor and founder of Asym Capital Hunter Thompson addresses both areas by sharing his insider secrets of how he has attracted great mentors and raised over $50 million in private capital from high net worth…
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SHOW NOTES FOR EPISODE 362: PUTTING TOGETHER YOUR 2020 STRATEGIC REAL ESTATE INVESTING PLAN “A goal without a plan is just a wish.” So is a real estate investor’s hopes of being successful without a plan. A good strategic real estate investing plan is critical if you hope to succeed as a real estate investor. In this episode, Bill shares why you need a plan as well outlining how to write a 2020 Strategic Real…
By David Dixon One of the best ways to diversify your investments is to get into the rental property market. When you invest in a vacation home, 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…
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SHOW NOTES FOR EPISODE 361: HOW A GIRL FROM THE PROJECTS BECAME A MILLIONAIRE REAL ESTATE MOM She grew up in a tough part of town, the oldest of six kids, being raised by a hard-working single mom. All she knew was that she would work hard at school and every job she ever got so that she would never end up in the same situation as her mom. In today’s podcast, financial…
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SHOW NOTES FOR EPISODE 360: HOUSE MOMS 2.0 One of the biggest challenges of managing small apartments is not having onsite property management. Bill Manassero found this a major challenge as a new multifamily owner. His solution: In August 2018, he brought in a “House Mom” – a quasi employee tenant who would act as the onsite property overseer. One year later and after he fired his first House Mom, he is now ready for the…
by Sharon Jayson Kaiser Health News AUSTIN, Texas — Dennis and Chris Cavner, in their early 70s, are preparing to move less than two blocks away into a 2,720-square-foot, ranch-style house they bought this year. But first a renovation is underway, taking the 45-year-old property all the way back to its studs. When the work is finished, these baby boomers are confident the move will land them in their forever home. “We wanted…
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SHOW NOTES FOR EPISODE 359: FROM DREAMER TO DREAM CATCHER – BUILDING A REAL ESTATE BUSINESS TO CHANGE THE WORLD How going from corporate civil engineer to house flipper to creator of a modern affordable housing development in North Carolina helped Jerome Myers to see his dreams come true in amazing ways. In today’s episode, civil engineer, executive coach, real estate investor, business strategy consultant, and CEO Jerome Myers shares how he is using real estate investing…
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SHOW NOTES FOR EPISODE 358: HOW TO BE A PRIVATE MONEY LENDER Private lending has picked up the pace in recent years despite the high-interest rates being charged by private lenders. There are many reasons that have attracted lenders into this space but the biggest is that individual investors can yield high returns, backed by strong collateral, especially real estate, making private lending one of the best investments out there. In today’s podcast, Bill will share how you can become a private lender…
You can purchase property for cash, of course, and if you have it, this can be the best way to get a great price. What if you don’t have the cash? Here are some of you other options. Partner To Purchase Property Join a local real estate investing group in your town. Then start taking notes, names, and numbers. There are multiple groups here in Southern California that meet monthly. Some groups have a part…
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SHOW NOTES FOR EPISODE 357: CRITICAL DUE DILIGENCE: CONDUCTING EFFECTIVE PROPERTY INSPECTIONS You’ve found your dream property, negotiated a great price and found the perfect mortgage loan! Now you need to complete one of your most critical due diligence steps – the property inspection! In today’s podcast episode, expert home inspector Scott Spaulding takes us into the crawl spaces of your new property purchase as he shares insider secrets to insure you made the right…
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SHOW NOTES FOR EPISODE 356: ASK BILL! GETTING STARTED IN REI, CASH FLOW NOW, CHEAP MULTIS, REI CPAS AND FLIPPING This is our regular Fun Fact Friday “Ask Bill!” episode, where Bill answers 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.com. In today’s episode, Bill answers questions on How to Get Started in Real Estate Investing, REI for Cash…
Making money in real estate is an endless topic that includes all the various types of real estate investments. There is land, apartment buildings, homes, commercial buildings and more. Whatever the type however, you’ll make your profits in some of the basic ways listed below. Use this list to get yourself thinking of the possibilities. 1. Appreciation Making money in real estate can be as simple as holding on and waiting. To…
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SHOW NOTES FOR EPISODE 355: HOW TO MAKE BIG MONEY ON AIRBNB WITHOUT OWNING A SINGLE PROPERTY Brian Page became a millionaire in his 20’s as a residential real estate investor, only to lose it all in the historic crash of 2008. Starting over with no credit or ability to buy property, Brian discovered a way to use other people’s properties to generate significant income. He went on to make six figures in…
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SHOW NOTES FOR EPISODE 354: THE COMING RECESSION AND THE HOUSING MARKET This month, the United States set a record for the longest economic expansion, but this is forecasted to end in 2020. According to a panel of more than 100 housing experts and economists, the next recession is expected to hit in 2020. A few even said it may begin later in 2019, while another substantial portion predict that a recession will…
Normally, when you put your property up for sale, you have to present a document, called a warranty deed, which states that you are the legal owner of the property and that the title you have on hand is the original copy. But what if you don’t have the title of the property yet you have the legal rights to it? What document can you, then, present to prospective buyers? For situations…
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SHOW NOTES FOR EPISODE 353: AFFORDABLE REAL ESTATE INVESTING Lisa Phillips had everything going for her. Great new engineering job. Her first home. Everything was going great, that is, until the recession hit. Then, almost over night, she lost her job and her new home. Fast forward 10 years. Using her engineering skills and a first-hand knowledge of low income neighborhoods, she has mastered the art of real estate investing in homes averaging $35-50,000 per house. …
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SHOW NOTES FOR EPISODE 352: WHY REAL ESTATE IS THE BEST RETIREMENT INVESTMENT Many seniors, as they approach or enter retirement, have found that their retirement savings may be inadequate for the long haul, let alone be able to cover unexpected expenses, medical emergencies or assisted living costs. Their 401(k) or IRA aren’t earning what they thought it would, and even though they qualify for Social Security, they realize it might not be around nor be enough…
When home buyers go shopping for a mortgage, 90% of them opt for a 30-year term for one simple reason: It’s the most affordable home loan on the market. That is especially true of first-time homeowners, who want the safety and security of a monthly payment they can easily handle. If you put 20% down on a $150,000 home, your monthly payment for a 30-year mortgage (at 4.75% interest) is only $626 a month,…
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SHOW NOTES FOR EPISODE 351: FINDING THE BEST OFF-MARKET VALUE-ADD APARTMENTS Josh Eitington learned multifamily investing through the school of hard knocks. Starting with C minus properties in tough areas and moving to upscale B properties in hot downtown markets, he has refined and improved his investing strategy one step at a time. In today’s podcast, Josh shares how his business is now thriving and how he is now finding great off-market deals…
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SHOW NOTES FOR EPISODE 350: LEAVING A LEGACY For many real estate investors, the idea of “leaving a legacy” is an important aspect of their long term business plan and vision. Creating a real estate portfolio that can benefit your children, grandchildren and even your favorite charities can be a great way of giving back. The question is: When you pass away, do you want your business to continue to benefit your family or…
Buying or renting? Such is the question many business people ask themselves around the 1st of the month — right before writing their business’ monthly rent check. With the interests rates being what they are and prices being affected by the commercial paper crisis, the answer might very well be yes to buying if the right property becomes available and you can afford the cash down. Owning commercial real estate can have it’s advantages. Choices: …
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SHOW NOTES FOR EPISODE 349: MULTIFAMILY POWER INVESTING – GENERATING $30 MILLION IN 18 MONTHS Many real estate investors get frustrated and discouraged trying to get over the “one investment at a time” hump to reach total financial freedom. In today’s podcast, tech executive, real estate investor, syndicator, entrepreneur and podcast host Agostino Pintus shares his personal struggles, moving from “the bottom” to rapidly switching gears into hyper-drive to achieve financial independence in the short term. What You Will Learn How…
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SHOW NOTES FOR EPISODE 348: WHY I DON’T DO SECTION 8 ANYMORE Guaranteed rent. Above market rental rates. Pre-screened tenants. Free advertising. Sound too good to be true? Exactly! For many real estate investors with properties in low-income areas, the appeal of renting to Section 8 tenants is almost to tempting to resist. However, in today’s podcast episode, Bill explores some of the myths behind Section 8 landlording and suggests to over zealous investors that…
It is very important to know the ‘accurate’ market value of your real estate property. There are two ways in which one can determine the exact market value: one is through property appraisal and another is through comparable market value analysis. Usually these 2 methods are used in combination with each other in order to a make a sale price for the seller or offer proposal for the buyer. Generally people tend…
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SHOW NOTES FOR EPISODE 347: DEVELOPING YOUR REAL ESTATE INVESTING ACTION PLAN FOR MAXIMUM SUCCESS Real estate investing can be the best way for the average person to build wealth over a short period of time. But without a solid plan it can be difficult to achieve your goals. In this episode, successful real estate investor and entrepreneur Nick Disney shares how he was able to meet and surpass his goals by creating a simple real…
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SHOW NOTES FOR EPISODE 346: HOW TO FIND THE OWNER OF ANY PROPERTY Whether you need to find the owners of a dilapidated property that needs cleaning up, or you want to make an offer on your dream off-market property, locating the names of a property owner is important. In either case, and especially for those real estate investors trying to find those “diamond in the rough” properties, finding the property owner is…
Real estate investing can be a profitable and worthwhile financial venture to build cash flow, obtain a great return-on-investment and to build a legacy for your children and your children’s children. However, be wise and understand that you can achieve significant success sooner by avoiding common investor pitfalls. Mistake # 1 – Spending thousands of dollars buying books, tapes and attending seminars and then putting all of that information on a bookshelf and never looking at…
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SHOW NOTES FOR EPISODE 345: WAZZUP WITH REITS? At age 16, Minesh Bhindi began negotiating real estate deals. By the time he graduated high school, he was making $100,000 a year. At 22, he owned his own Bentley. But when the recession hit, everything changed and Minesh had to rethink his priorities. Today, safety, low risk and truly passive investments are the foundation of his real estate investing strategies. In today’s podcast, Minesh Bhindi…
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SHOW NOTES FOR EPISODE 344: 2020 US HOUSING MARKET PREDICTIONS It’s that time of the year again when all the “experts” are making their predictions for the 2020 real estate market. In this episode, Bill examines and shares some of the key forecasts and the major implications for real estate investors. So far, 2019 has been a promising year for both real estate investors and would-be homebuyers in the US housing market. Throughout…
By Rhonda Underhill It’s estimated that an individual turning 65 today has a 70 percent chance of requiring ongoing care at some point. That’s a major influx of older adults into America’s assisted living facilities, as well as a lot of people who will have to decide what to do with their homes once they move. Presumably, some will need the money they can earn from selling a house to fund their senior care,…
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SHOW NOTES FOR EPISODE 343: REAL ESTATE INVESTING IN BILLBOARDS AND MOBILE HOME PARKS – PART 2 Billboards and mobile home parks are two real estate investing niches that few investors know nor understand well. Yet both have plenty of product, can be extremely lucrative and can consistently provide high annual returns. In this second episode of a two-part podcast series,, Frank Rolfe, who is a leading expert in both niches, continues to share insider…
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SHOW NOTES FOR EPISODE 342: ARE CLASS C PROPERTIES A SMART BUY FOR TODAY? Class C properties are attracting a wide demographic of investors. However, is a Class C property a good real estate investment? There is a lot of information out there about investing in Class C properties, some of which are quite misleading. In this podcast, before we find the truth, Bill explores the good, bad and ugly of this popular property class….
Bank foreclosure real estate, also referred to as REOs (Real Estate Owned), is foreclosed real estate that is owned by the bank due to an unsuccessful foreclosure auction. There are several reasons the home may have not sold at the auction. The most common reason is negative equity- the bank foreclosure real estate is worth less than the amount owed to the bank. Of course, the bank seeks to receive the outstanding…
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SHOW NOTES FOR EPISODE 341: REAL ESTATE INVESTING IN BILLBOARDS AND MOBILE HOME PARKS – PART 1 Billboards and mobile home parks are two real estate investing niches that few investors know well. Yet both niches have limited competition, are fairly easy to learn, can be extremely lucrative and generally provide high annual returns. In this first part of a two- part podcast series, Frank Rolfe, who is a leading expert in both niches,…
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SHOW NOTES FOR EPISODE 340: TENANT PRE-SCREEN HACK AND THE EFFECTIVE USE OF SECURITY CAMERAS Getting and keeping good tenants who renew year-after-year is critical to successful real estate investing. In this podcast episode, Bill shares insider secret hacks on finding the best tenants for your rental property as well as highlighting the benefits of security cameras for your tenants’ safety and your personal piece of mind. 1. Tenant Pre-Screen Hack Anyone who listens to this show…
One of the most troublesome aspects of being a landlord is tenants who damage your property, from a few broken items to blatant disregard to total destruction, and even worse. There are plenty of horror stories around about what tenants can do to a rental property. Sometimes a security deposit covers it. Other times you have to take the tenant to court. In either case, it either eats up valuable turn-around time…
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SHOW NOTES FOR EPISODE 339: USING DATA ANALYTICS FOR MORE EFFECTIVE REAL ESTATE INVESTING Good data drives successful real estate investing. And with today’s technology, it is possible to crunch more data than ever before to make the best investment decisions. In today’s podcast episode, entrepreneur, engineer, real estate investor and syndicator Raj Tekchandani shares his success secrets on how he leverages comprehensive due diligence utilizing data analytics for a competitive edge. What You Will Learn How to utilize…
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SHOW NOTES FOR EPISODE 338: 9 GREAT WAYS TO FIND THE BEST PROPERTY DEALS As the US housing market reaches an all-time high, it’s becoming more and more challenging to find the best rental property deals. In this podcast episode, Bill explores 9 of the most effective strategies to find great deals in a competitive marketplace. Do you ever wonder how successful investors find real estate deals they can turn for profits? You’re not alone. It…
The market for new houses is now experiencing a great increase in sales and profit. Old houses are now being traded for newer ones. A great way to finance your new home purchase is through a good mortgage. If there are instances that you are not eligible because of some credit concerns, you should not worry. You can still plan for it in the future. It is probable that in a relatively short period…
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SHOW NOTES FOR EPISODE 337: THE POWER OF THE 1031 EXCHANGE – PART 2 The dynamic capital gains deferring 1031 Exchange is perhaps the most misunderstood, yet powerful, wealth-building tool for all real estate investors. Yet few investors really understand the scope and benefits of this invaluable tool. In this second episode of a two-part podcast series, author, journalist, attorney, accountant and real estate investor Michael Lantrip concludes this information-packed podcast series with more insider information and a case study…
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SHOW NOTES FOR EPISODE 336: INVESTING IN TINY HOUSES One of the great things about real estate investing is that there are many different strategies and niches through which an investor can create wealth. In today’s episode, Bill explores a little known niche that few investors have yet to try – tiny houses – a low cost strategy that can yield big returns. Tip of the day Great Book: “The Book on Managing Rentals” by Brandon…
Being an investor is a lot like owning your own business. You have money and people to manage, important financial decisions to make, and systems that represent your strategy. While these assets and operations result in successful and profitable deals, there are always problems arising, just like in a normal business, that can slow down productivity and progress of whatever activity is currently in motion. A problem with many investors is that…
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SHOW NOTES FOR EPISODE 335: THE POWER OF THE 1031 EXCHANGE – PART 1 The dynamic capital-gains-deferring 1031 Exchange is perhaps the most misunderstood, yet powerful, wealth-building tool for all real estate investors. Yet few investors really understand the scope and benefits of this invaluable tool. In this first episode of a two-part podcast series, author, journalist, attorney, accountant and real estate investor Michael Lantrip digs deep into the Section 1031 IRS ruling to share…
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SHOW NOTES FOR EPISODE 334: HOW TO ACQUIRE PROPERTIES WITH NO OR LITTLE MONEY DOWN Can or should you try to put as small a down payment as possible on an investment property? Can you still acquire investment properties for little or no money down? In this podcast, Bill explores these questions and shares information on where you can obtain loans that require little or no down payment. Before I show you how to acquire…
There are real estate investing “tricks” and techniques that you may know, or want to know. There are new ways of doing things that are worth learning. Knowing about the latest types of financing is another way can also help. Before all of these, however, you need to learn some basic principles. Here are six of them. Build relationships. Understand the numbers. Reduce risk. Be prepared. Set goals. Learn, and apply what…
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SHOW NOTES FOR EPISODE 333: REAL ESTATE ROCKSTAR ACQUIRES NEARLY 4,000 UNITS IN 8 YEARS He started out looking for a side hustle to fill an income gap resulting from reduced sales commissions and ended up building a real estate dynasty in just 8 years. In this podcast episode, Robert Martinez, apartment investor extraordinaire with 17 prestigious city, state and national real estate awards, shares how he was able to grow his extra-income side…
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SHOW NOTES FOR EPISODE 332: MASTERING THE ART OF REAL ESTATE INVESTING NETWORKING Networking is essential if you want to be a successful real estate investor. Developing and nurturing key relationships is crucial to the longevity and growth of every aspect of real estate investing. In this podcast episode, Bill shares strategic networking tips that will help you to build a strong network that will benefit you and your business for the long…
The Federal Reserve with its zero interest rate policy (ZIRP) has virtually killed the market for senior savers. Gone are the days of CDs and savings accounts that beat the combined costs of taxes and inflation. Even if you buy thirty year treasuries, a 3% return is about the best you can get and the risk to your capital is very high should interest rates normalize. There’s even been talk of the…
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SHOW NOTES FOR EPISODE 331: FROM $39K TO OVER $50 MILLION IN 9 YEARS! FINDING OFF-MARKET PROPERTIES WITH DATA MINING AND EQUITY ANALYSIS There are still great real estate deals out there for those who know how to find them. Find out from today’s podcast guest, author, tech genius and successful real estate investor Liran Koren, how he grew his real estate business from $39,000 to over $50 million in just 9 years using data mining, scraping…
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SHOW NOTES FOR EPISODE 329: ASK BILL! BUYING “AS IS” PROPERTIES AND PROTECTING PERSONAL ASSETS This is our regular Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. In today’s episode, Bill answers listeners questions on buying “as is” properties, as well as discussing strategies to protect your personal assets from lawsuits. One of our…
Often, a new real estate investor will start their investing as a “house hacker” with low interest FHA loans that only require 3.5% down. This is a great opportunity to get started with very little cash, fix up a property and begin leveraging their real estate holdings. However, as many loan applicants realize, along with the low down payment and low interest is a requirement that they must carry private mortgage insurance or…
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SHOW NOTES FOR EPISODE 329: AN INSIDER’S GUIDE TO INVESTING IN PRIVATE REAL ESTATE DEALS Real estate investing can take many shapes and forms but, for passive investors, one of the most appealing is investing in private equity. Paul Kaseburg, otherwise known as Sean Cook, the author of Investing in Real Estate Private Equity, has been involved in the purchase of approximately 22,000 apartment units valued at over $4 billion dollars. In today’s podcast,…
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HOW NOTES FOR EPISODE 328: ASSEMBLING A POWERHOUSE REAL ESTATE INVESTING TEAM Real estate investing is not a solo sport. To be successful, it takes a unified, talented and committed team. In this episode, Bill talks about the importance of putting together a strong and effective team and who those key members are that make up your ideal real estate investing team. To be a successful real estate investor, you will need a competent team to…
When it comes to home buying, people will often say, “I’ll just wait until the market cools off,” or “there’s definitely a bubble – prices will go down soon.” But, statements like these beg the question: is it really possible to anticipate real estate market trends? Fortunately, the answer is…kind of. With a little planning and foresight, it is possible to keep an eye on the movement of the market and to…
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HOW NOTES FOR EPISODE 327: CREATIVE FINANCING STRATEGIES FOR COMMERCIAL REAL ESTATE Brian Murray, real estate mogul and author of the best selling book Crushing It in Apartments and Commercial Real Estate, returns to the Old Dawg’s REI Network Podcast to share his insider secrets for successful commercial real estate creative financing. In this episode, Brian also shares how he acquired 600 doors without syndicating, how to prosper even in markets that aren’t that great and why…
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SHOW NOTES FOR EPISODE 326: UNDERSTANDING NOI AND HOW IT IMPACTS A PROPERTY’S VALUE No matter where you are in your career as a real estate investor, you’ll benefit from understanding how to evaluate investment opportunities. And the net operating income or NOI formula is one of the most important metrics real estate investors can use to calculate expected profits and a property’s value. In today’s podcast episode, Bill explains why NOI is so…
Real estate investing is one of the most attractive ways of making good money (that is if you do it correct). Moreover, real estate investing is also a lot of fun. A lot of people practice real estate investing as their core profession and, in fact, make a lot of money that way. Real estate investing is really an art and, like any art, it takes time to master the art of…
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SHOW NOTES FOR EPISODE 325: SUCCESSFUL REAL ESTATE INVESTING THROUGH VALUE-ADD APARTMENT SYNDICATIONS He started real estate investing with only 4 cash flowing single family homes. In only six years, he grew his portfolio to over $600 million in properties through value add strategies using syndication. In today’s podcast episode, real estate entrepreneur, educator, author, podcast host and philanthropist Joe Fairless shares his insider secrets on how he achieved this tremendous success. What You Will Learn The importance…
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SHOW NOTES FOR EPISODE 323: HOW TO BECOME A REAL ESTATE INVESTOR FOR ONLY $500 How much money does it really take to become a real estate investor? $500? $5,000? $50,000? Or, does the amount of money even matter if there is no motivation? Too often, we use the money issue as an excuse for inaction. In this podcast, Bill addresses the motivation issue as well as sharing multiple strategies a newbie real estate…
If you are thinking about investing in a rental property, a short analysis of the pros and cons of this decision will definitely show that it’s a great way to make money. However, when you go through with it, you will face another important question. How can I be a “good” landlord? Finding that answer is essential. Because how good you are determines how profitable your real estate investment will be. Therefore,…
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SHOW NOTES FOR EPISODE 323: HOW TO ACQUIRE 1,000 UNITS IN 5 YEARS According to attorney, multifamily investor and mentor Charles Dobens, “Real estate investing is nothing more than a sales and marketing business. You’re a salesperson. Your first job is to sell your offer.” In this eye-opening podcast, Charles shares his very unique strategic formula for acquiring 1,000 units in only 5 years. What You Will Learn There’s only one thing you can…
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SHOW NOTES FOR EPISODE 322: HOW TO SAVE THOUSANDS WITH INSPECTIONS BEFORE YOU BUY Buying the right property the right way is critical to every real estate investor’s success And property inspections are an essential due diligence element required to insure an investor buys properties the right way. In this episode, Bill shares the reasons why property inspections are so critical and what key things a good inspection must include. First off, I want…
There are many questions that should be asked before embarking upon a career of real estate investment. The first and foremost question however should be whether or not you are truly committed to making real estate work for you. This is not a business for the faint of heart. In order to truly turn a profit you must be at times ruthless when dealing with buyers and sellers but ethical to a…
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SHOW NOTES FOR EPISODE 321: THE BENEFITS OF BEING A “LIENLORD” If you want to invest in real estate but don’t want the hassle of tenants, toilets and trash, there are more passive real estate investments that still have a great return-on-investment. In today’s podcast, lien and deed investor Bob Fraser shares how he loves investing in real estate as a “Lienlord” not a Landlord – getting good returns without the typical headaches associated…
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SHOW NOTES FOR EPISODE 320: KEY METRICS FOR QUICK PROPERTY EVALUATIONS If you are serious about real estate investing, you need to find the right properties in the right markets, even if it means looking at 50 or 100 deals before you find a good one. In today’s podcast, Bill shares his favorite analysis metrics to help you sort through properties to find that “diamond in the rough.” To know if a property is a good deal or…
While many articles and books have been written to help you once you’re in debt, very few have been written about how to avoid getting into debt in the first place. Many people choose to go to credit counseling only after they’re on the brink of filing for bankruptcy. If you want to be successful financially, you have to first learn how to do things before the fact, not after it. In…
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SHOW NOTES FOR EPISODE 319: STARTED INVESTING AT 50 – STILL FINANCIALLY INDEPENDENT AT 72 He was nearly broke at age 50. With a new marriage and not much promise for his future, Rennie Gabriel remembered what his mother told him at 8 years old, “Buy apartments and let your tenants pay off the apartments for you.” In today’s podcast episode, Rennie Gabriel shares his story of how real estate investing took him…
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SHOW NOTES FOR EPISODE 318: HOW TO FIND AND ACQUIRE OFF-MARKET PROPERTIES In today’s competitive market, finding good properties that meet your investment criteria is not easy. Real estate investors have to be creative and aggressive to locate those “diamond in the rough” properties that will both provide a great return and are positioned for equity growth. In this podcast episode, Bill shares creative insider strategies on how to find and acquire great off-market…
Why offer seller financing? Let me give you an example. Many years ago a certain real estate investor bought a rental property and then realized he no longer wanted to be a landlord. So, nine months later, he sold it for 15% more than he paid for it, without fixing or improving a thing. The easy terms are what sold it. He took only $1,000 down from the buyer and, years later, still receives…
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SHOW NOTES FOR EPISODE 317: USING DIRECT MAIL TO FIND GREAT OFF-MARKET PROPERTIES Finding off-market properties in today’s sellers market can be a tremendous challenge for real estate investors. In this podcast episode, marketing expert and CEO of PostcardMania Joy Gendusa shares some creative ideas and case studies from investors who are finding great off-market deals utilizing direct mail postcard campaigns. What You Will Learn How to find off-market deals through postcard direct mail marketing…
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SHOW NOTES FOR EPISODE 316: HOW TO FIND HOT NEW MARKETS In today’s sellers market, finding good deals has become more and more difficult for real estate investors. Nonetheless, smart investors are still finding new markets that not only have great deals but are poised for long-term growth. In this podcast episode, Bill shares some of the strategies savvy investors are using to find those great markets for both short and long-term gains. When looking for hot new markets, where does…
Many real estate investors become frustrated with the tenants and the toilets. And when you look at the way they manage, it’s no surprise. The most important part of investing in rental real estate is to have a good property management system. In any successful management system there are the five P’s. They are Property, People, Paperwork, Policies and Procedures. Lets look at each of these P’s individually. The Property must be…
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SHOW NOTES FOR EPISODE 315: SELF-STORAGE INVESTING STRATEGIES The Self-Storage industry is booming! Understanding the industry, market and operations is important for anyone wanting to move into the space as a buyer or investor. In today’s podcast episode, 20 year self-storage executive and expert Scott Krone shares insider information and insight on the industry, as well as commentary on how to identify good investments from bad. What You Will Learn Market shifts and the…
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SHOW NOTES FOR EPISODE 314: THE PROBLEM WITH PROPERTY MANAGERS If you’re an out-of-state real estate investor, you recognize the value of good property management. In fact, it could be argued that one’s success or failure as an out-of-state real investor rests primarily upon property management. In this episode, Bill shares the challenge of managing property managers and the built-in obstacle of conflicting business models. Introduction I have always invested out-of-state! I don’t know…
One thing about owning property is that it helps in getting loans. One can easily obtain secured loans by using the house as collateral. Moreover, secured loans are a lot more affordable than the unsecured variety. Those who have no mortgages to pay should have no troubles in getting secured loans. Those who are still paying off the mortgage installments can make use of the equity on their home to pay off…
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SHOW NOTES FOR EPISODE 313: NEGOTIATION FOR REAL ESTATE INVESTING If you’re in real estate investor, you’re a negotiator! Getting the best property at the best price is fundamental to real estate investing success. In today’s podcast, two best selling authors who have done hundreds of real estate transactions and who are experts in real estate negotiation, Carol Scott and Mark Ferguson, will share their insider secrets on how to become an effective…
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SHOW NOTES FOR EPISODE 312: KNOWING WHEN TO WALK AWAY FROM A DEAL One of the hardest things you will do as an investor is to walk away from a deal. Whether you work for weeks trying to put a deal together or just have a passing interest in a property, walking away from a potentially good deal is not an easy thing to do. In this episode, Bill shares a first hand experience…
You’ve spent a considerable amount of time learning how to invest in real estate, and you’re ready to make your first purchase. How do you know if a property is a good buy? There are no guarantees when it comes to real estate, but if you analyze the property upfront using these guidelines, you’ll have a pretty clear indication whether you should buy a property or keep looking. 1. It meets your…
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SHOW NOTES FOR EPISODE 311: LESSONS LEARNED FROM A NEWBIE INVESTOR He built his real estate portfolio to 16 units in less than one year while working a full-time job, launching a blog and starting a new podcast. In this information-packed episode, Bo Kim, an accountant and newbie investor, shares his “young pup” insider secrets for the Old Dawg Network that helped him explode his real estate portfolio almost overnight, all at the ripe old age…
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SHOW NOTES FOR EPISODE 310: WHEN SHOULD YOU BUY YOUR FIRST PROPERTY? Is there really a right time to buy your first rental property? If you want to purchase rental properties but are still uncertain about when to make your first purchase, then this podcast is for you. In this episode, Bill shares his own first property purchase stories, some lessons learned and six key steps you might want to consider before making…
Real estate investing can be very rewarding for those who take the time and effort to approach it wisely, but it can be a trap for those who rush in without doing their homework properly. Too often, investors rush into buying a property for all the wrong reasons – “it’s a good deal,” a “bargain opportunity” and the list goes on. Then they wonder what happened when the investment either goes pear…
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SHOW NOTES FOR EPISODE 309: DOING REAL ESTATE AS A DIGITAL NOMAD He just wanted to do good things to help others, but when he lost his dream non-profit job, Matt Bowles had no choice but to take control of his life and turn things around. In this fascinating podcast, co-founder of Maverick Investor Group, entrepreneur, podcast host, real estate investor and digital nomad Matt Bowles shares how he was able leverage his…
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SHOW NOTES FOR EPISODE 308: WHY IT’S BETTER TO INVEST IN REAL ESTATE AFTER 50 Some seniors invest in real estate to simply generate cash flow for retirement? But what most people don’t realize is that people 50 and older are actually better prepared for real estate investing success than younger investors. In today’s podcast, Bill shares 15 compelling reasons why 50 plusers not only have the right stuff to succeed in real estate but they also have a significant advantage over their younger counterparts. Announcements…
While real estate investing is a great line of business to get into in order to make copious piles of money there are a few things to consider before jumping into the fray. This is particularly true if you are considering going the route of a rental property owner. There are all kinds of reasons that this is a good solid investment for most that are interested in investing in the real…
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SHOW NOTES FOR EPISODE 307: BUYING STRATEGIES FOR TODAY’S REAL ESTATE MARKET After 10 years as a successful real estate broker, Seth Ferguson realized that the people making the real money in real estate were the real estate investors, not the brokers. So, he set out to learn that “certain set of skills” successful real estate investors have. In this episode, Seth shares how he was able to learn real estate investing, while…
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SHOW NOTES FOR EPISODE 306: 9 WAYS REAL ESTATE INVESTING CAN REVERSE THE RETIREMENT CRISIS Are you going to be able to retire? And if you do, will you be in a position to enjoy your life, pay medical bills and maintain the health and lifestyle you desire in your retirement? According to the National Council on Aging, one-third of senior households either goes into debt or has no money left over to meet…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
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SHOW NOTES FOR EPISODE 305: SHORT-TERM RENTALS IN A CHANGING ECONOMY As real estate investors struggle to find reasonably-priced rental properties in a sellers market, other investors are leveraging today’s economy to yield BIG profits. In today’s podcast, real estate investor, engineer and educator Al Williamson shares insider tips on how you can leverage your investment strategies to take advantage of the economy — whether in an up or down market, using short-term rentals. What You Will Learn How you…
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SHOW NOTES FOR EPISODE 304: UNDERSTANDING GENTRIFICATION AND WHAT IT MEANS FOR REAL ESTATE INVESTORS In major markets throughout the U.S., neighborhoods are undergoing something referred to as gentrification. Communities are being transformed almost overnight, triggering mini-economic booms and real estate investors are walking away with tremendous profits. But is this a good thing or are low-income residents the unsuspecting victims of over-zealous profiteers? In today’s podcast, Bill will define, examine and discuss gentrification and the controversy surrounding this current…
There are real estate investing “tricks” and techniques that you may know, or want to know. There are new ways of doing things that are worth learning. Knowing about the latest types of financing is another way that can also help. Before all of these, however, you need to learn some basic principles. Here are six key real estate investing principles. 1. Build Relationships Real estate investing is about relationships. People…
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SHOW NOTES FOR EPISODE 303: REAL ESTATE NOTE INVESTING Many people understand the world of rental properties, fix ‘n flips, wholesaling and other common real estate strategies, but there is a little-known niche that can also provide great returns, backed by real estate, without the effort or headaches: note investing. In today’s podcast episode, Dave Van Horn, real estate investor and author of Real Estate Note Investing, shares how anyone can get started with real estate note investing—even as a newbie…
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SHOW NOTES FOR EPISODE 302: FINDING GREAT INVESTMENT PROPERTIES AT REAL ESTATE AUCTIONS So, you’ve finally decided to take the plunge into real estate investing. Your next step is to find an investment property that’s increasing in value and will give you great returns. However, in today’s seller’s market, good below-market investment properties are hard to find. In today’s podcast, Bill explores the world of real estate auctions and some of the great opportunities…
Depending on your needs, a real estate virtual assistant can do virtually everything necessary to support you and your administrative needs and marketing efforts. Ever since the book The 4-hour Workweek by Tim Ferriss was published, the idea of using virtual assistants to free entrepreneurs up to focus direct their best talents on areas that would produce the most growth, really took off. But for many real estate investors, this was a unique concept…
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SHOW NOTES FOR EPISODE 301: HOW TO BE A PASSIVE INVESTOR IN REAL ESTATE SYNDICATIONS If you want to invest in lucrative, high-yielding real estate deals without having to deal with “toilets, tenants and trash,” passive investing in real estate syndications may be for you. In today’s episode, real estate investor, author and syndicator James Kandasamy shares details and insider tips on what it looks like to be a passive investor, how to…
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SHOW NOTES FOR EPISODE 300: ASK BILL! 3 WAYS TO ACHIEVE YOUR “DREAM RETIREMENT,” HOUSE MOM UPDATE, CAPITAL IMPROVEMENT BUDGET In this month’s “Ask Bill!” podcast episode, Bill answers questions on how our “House Mom” experiment is going, why it’s important to budget for capital improvements, and 3 real estate investing strategies that will help you achieve your “dream retirement” quickly and with little or no money. And to celebrate episode #300, we’re also sharing our Top 10…
What tenant wouldn’t love the allure of high speed Internet and a computer of their very own? This is one of many incentives that investors and property owners are offering in order to retain or reward long term tenants. There are other rewards that are just as effective and cost property owners a little less in order to keep the tenants such as gift cards to restaurants after the renewal of a…
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SHOW NOTES FOR EPISODE 299: MULTIFAMILY DATA SCIENCE AND OPTIMIZATION From single mom to technology expert to professional photographer to multifamily syndicator, Anna Myers, VP at Grocapitus Investments, has overcome the odds by mastering the art of multifamily investing for financial independence and life on her own terms. In today’s podcast, Anna shares some of her personal strategies and insider tips for successful multifamily investing for anyone. What You Will Learn Using real estate investing to reduce the tax…
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SHOW NOTES FOR EPISODE 298: WHO IS THE PERFECT TENANT AND WHERE DO YOU FIND HIM OR HER? Finding and keeping good tenants is key to your rental property real estate investing success. But who are these amazing people and where do you find them? In today’s podcast episode, Bill explores what the “perfect tenant” looks like and how and where to find him or her. His discussion also includes tips from his own unique tenant…
Some people choose home loan lenders for all the wrong reasons. Getting a low rate is important, but it’s not the only consideration. Below are 5 top common mistakes that people make when they refinance their homes. 1. Choosing a home loan lender for the wrong reason People choose home loan lenders for all the wrong reasons. Getting a low rate is important, but it’s not the only consideration. Lenders may offer…
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SHOW NOTES FOR EPISODE 297:RECESSION-PROOF REAL ESTATE INVESTING It’s one thing, as a real estate investor, to know another recession is coming. It’s quite another to know how to strategically invest at each stage of the economic cycle during a recession to still generate a significant profit and achieve maximum success. In today’s podcast episode, entrepreneur, author and real estate investor who successfully leveraged his real estate business during the 2008 recession, J.Scott, shares insider…
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SHOW NOTES FOR EPISODE 296: IS NOW A GOOD TIME TO INVEST IN REAL ESTATE? Bill gets asked a lot by people, “Should I buy now if there is a major recession on the horizon? Wouldn’t it make more sense to wait for prices to drop and then buy when properties are cheaper? In today’s podcast, Bill takes a hard look at the loaded question – “Is now a good time to invest in real…
“Let us never negotiate out of fear. But let us never fear to negotiate.” – John F. Kennedy, 35th US President Even the most famous recognize the need for the art of negotiation. To be able to make a good real estate deal, you must develop the art of good negotiation or find someone who can do the negotiating for you. The real secret of being a successful negotiator is to help…
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SHOW NOTES FOR EPISODE 295: HOW TO INVEST IN REAL ESTATE FOR ONLY $10 While attending Harvard, Brian Dally became fascinated with the opportunities afforded by the Internet. But, unlike Mark Zuckerberg, his fascination was not so much based on social applications but more on the business and finance applications. In this podcast episode, Brian shares how he was able to develop an online real estate investing portal that gives the average investor access to…
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SHOW NOTES FOR EPISODE 294: 2019 TOP 10 MARKETS FOR REAL ESTATE INVESTORS We talk a lot about “emerging markets” on the Old Dawg’s REI Network, especially for those of you who are an out-of-state investors. We are always looking at which markets are the best markets to invest for both the short and long term. In today’s podcast, Bill shares ten of the top real estate investing markets for 2019 as well as how…
Why hire rental property management? Because doing it all yourself is the surest way to make your real estate investment experience a bitter one. You also have more time to find the next deal when there is someone taking care of the details for you. Hire a good property manager, but first ask the important questions. Here are 10 key questions you should ask any potential property manager. How much is the fee? …
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SHOW NOTES FOR EPISODE 293: LEVERAGING TECHNOLOGY FOR BETTER ROI AND PORTFOLIO OPTIMIZATION The only thing tech engineer, serial entrepreneur and CEO of Stessa Heath Silverman loves more than launching new tech start-ups is investing in real estate. Yet, with all of the amazing technology out there, he couldn’t understand why real estate investing still has so much paperwork and time-consuming processes. In this podcast, Heath shares how he successfully merged tech know-how with his love for…
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SHOW NOTES FOR EPISODE 292: ACCREDITED INVESTORS, FREE LAND IN THE U.S. & INVESTING WITH $10,000 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to share what little knowledge we…
When talking to people who are trying to sell their house I’m often asked the question, “Why should I sell my house to a real estate investor?” That’s a great question. Today’s house seller has lots of options: they can list their house with a real estate agent, they can try to sell the house themselves or they can sell their house to a real estate investor. None of these choices is…
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SHOW NOTES FOR EPISODE 291: BUSINESS CREDIT STRATEGIES FOR REAL ESTATE INVESTORS You don’t need a special certification, degree or license to become a real estate investor, however, your business needs one key thing for long term success — good credit! In this special podcast episode, author and credit expert Gerri Detweiler shares insider business credit information and tips that will help you utilize little known credit resources for maximum real estate investing…
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SHOW NOTES FOR EPISODE 290: WHAT IS A REAL ESTATE SYNDICATION? Real estate continues to be one of the best investments in the world. Many people want to receive the great returns and long term benefits of real estate investing but don’t know where to start. Whether you want to take a more active role by buying and managing properties or a less involved role as a passive investor, either way, you’ll soon…
A home loan will be your financial responsibility for years to come, so it can be one of the most important decisions you make. Even tiny changes in an interest rate – changes as small as half a percent – can cost or save you thousands of dollars over the term of your loan. To enjoy an affordable home, follow these seven simple steps: 1) You’d Better Shop Around! Any market has…
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SHOW NOTES FOR EPISODE 289: RETIREMENT AT 33 THROUGH CREATIVE MULTIFAMILY FINANCING Jason Harris may be young but he has been advising old dawgs on how to retire smart for the last 7 years. However, it wasn’t until he started investing in real estate that he saw the true solution to the perfect retirement. Starting with almost no money and a strong commitment to succeed, Jason and his wife Carrie creatively grew and leveraged their real…
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SHOW NOTES FOR EPISODE 288: HOW TO FIND BELOW MARKET PROPERTIES IN 2019 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 in 2019 is…
The financial industry greats will be the first to tell you that real estate investing has the potential to bring in serious profits. They will also gleefully inform you that the risks in some cases far outweigh the potential, especially if they are among the more cautious investors in the industry. Those who have made their fortunes in real estate however will tell you that investing in real estate is worth every…
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SHOW NOTES FOR EPISODE 285: TURNKEY WHOLESALING AND FLIPPING IN INDIANAPOLIS Steve Lawson is a former Financial Planner who discovered that the best investments for retirement were not stocks, bonds and annuities but is actually real estate, which is secured by tangible assets and has one of the best ROIs of any investment available. In this episode, Steve shares how he created wealth and cash flow through a unique “turnkey” service he provides though wholesaling and flipping to…
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SHOW NOTES FOR EPISODE 286: WHAT IS THE DIFFERENCE BETWEEN AN EQUITY AND A DEBT INVESTMENT? As market volatility and an impending recession are on the horizon, many investors are looking for safer, high yielding investments. Real estate remains one of the safest investments available as a tangible asset with strong returns. However, for passive real estate investors, there are also many options available. In today’s podcast, we hope to clarify some of those options by…
Managing your rents in a multifamily property takes a deep understanding of how the market works and some proactivity. Once you commit to a tenant on a lease term, you are stuck with that rate over the term when you could have achieved more to help you increase revenues. Today I’ll walk through 5 key items to consider which will help you look at your investment and your rents in your specific…
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SHOW NOTES FOR EPISODE 285: MULTIFAMILY NEWBIE ACQUIRES AND INVESTS IN 1,000 UNITS HER FIRST YEAR After flipping houses, house hacking, and investing in buy ‘n hold properties, former attorney Monick Halm stumbled on to syndication. This new discovery helped her grow her investments to over 1,000 units in her first year. In this episode, you will hear how Monick leveraged her mentorships, a focus on helping women and education into a successful real estate…
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SHOW NOTES FOR EPISODE 284: ASK BILL! INVESTING OVER 50 & OVER 70, FAST MORTGAGE PAY-OFF AND BOOSTING CASHFLOW This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to share what little…
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! Instead, as an investor, you could have that money…
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SHOW NOTES FOR EPISODE 283: REAL ESTATE INVESTING FOR EVERYONE: A GUIDE TO CREATING FINANCIAL FREEDOM Being raised by a single mom on welfare in Minnesota, Marty Stone was motivated to do more with his life, help his family and ultimately help others. In this podcast episode, real estate investor, adviser and best selling author Martin Stone shares his story of how real estate investing turned his life around, how he is living his retirement dreams…
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SHOW NOTES FOR EPISODE 282: REAL ESTATE INVESTING ROCKSTARS’ BIGGEST MISTAKES – PART 2 It has been said that we learn from our mistakes but, on the Old Dawg’s REI Network, we also learn from other people’s mistakes. In Part 2 of this unique podcast episode series, you’ll hear from some of real estate investing’s biggest rockstars – Rod Khleif, Vinney Chopra, Nizan Mosery, Chris Urso, Samuel Freshman, Frank McKinney, J. Scott, and Ken McElroy – as they…
Opting for a mortgage has proven to be one of the most important and most complicated decisions most people ever have to make in life. That is why it is important to be prudent about everything related to mortgaging, most importantly, selecting a mortgage broker. Finding a mortgage broker nowadays is very easy, after all, all you need to do is fill a mortgage form online and you will receive hundreds of emails…
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SHOW NOTES FOR EPISODE 281: HOW TO SUCCESSFULLY UNDERWRITE A MULTIFAMILY DEAL Multifamily investing is not only the key to an early retirement, it has other advantages – great tax write-offs, steady cash flow, forced appreciation and retirement longevity. In this episode, multifamily investor Omar Khan shares insider underwriting tips on how to find great properties, survive the upcoming recession, negotiate excellent loan terms and build a real estate legacy for your family. What You Will Learn Why…
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SHOW NOTES FOR EPISODE 280: REAL ESTATE INVESTING ROCKSTARS’ BIGGEST MISTAKES – PART 1 It has been said that we learn from our mistakes but, on the Old Dawg’s REI Network, we also learn from other people’s mistakes. In this unique podcast episode, you’ll hear from some of real estate investing’s biggest rockstars – Joe Fairless, Michael Blank, David Lindahl, Jake & Gino, and Brandon Turner – as they share some of their biggest real estate investing mistakes,…
A home inspection is a professional, third-party inspection of a property that you intend to buy. During an inspection, the professional will evaluate the home from a structural and safety standpoint, as well as to ensure you’re buying a hazard-free, up-to-code property that’s a good investment of your dollars. Home inspections aren’t always required, but there are few cases where you’d want to forgo one. Use this home inspection checklist to learn…
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SHOW NOTES FOR EPISODE 279: ENGINEER QUITS JOB IN ONLY 2 YEARS WITH APARTMENT INVESTING While browsing investing books at a local bookstore, aerospace engineer Pam Scamardo stumbled across Robert Kiyosaki’s Rich Dad Poor Dad. The book so rocked her world that it prompted her to pursue other books, including one on commercial real estate investing. In this podcast, Pam shares how buying apartments buildings allowed her to generate enough cash flow, in just two years, to quit her…
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SHOW NOTES FOR EPISODE 278: RAISING YOUR RENTS HIGHER THAN MARKET RENTS One of the great things about owning rental properties is that you can “force appreciation” and value by decreasing expenses and increasing rents. But what if you feel there’s no room to increase rents? In this podcast, Bill shatters some of the myths about setting rental rates and shares how, through proper marketing and branding techniques, you can ask for higher than market rents easier than…
If you really want the best deals in investment properties, you have to increase your odds by finding more deals. Who is more likely to get a cheap house or apartment building, an investor that looks through the MLS listings and calls it a day, or the one that uses ten different resources? Here are the ten: 1. Talk Let people know you are looking and sometimes the properties will come to…
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SHOW NOTES FOR EPISODE 277: LONG DISTANCE REAL ESTATE INVESTING USING THE BRRRR METHOD He went from full-time cop to reluctant landlord to avid real estate investor to top producing real estate agent to best selling author to podcast host to real estate mogul – all within the last ten years. In today’s podcast, David Greene shares his amazing story of how he learned how to be a successful real estate investor by mastering unique…
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SHOW NOTES FOR EPISODE 276: ASK BILL! CASH FLOW VS. APPRECIATION, TEACHING KIDS FINANCE, IS IT A GOOD TIME TO BUY? This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to…
Today’s real-estate market is competitive. If you have decided to put your house for sale or are considering selling one of your investment properties, then it could take longer than you might expect. As the market is changing, you need to seriously evaluate how you plan to get the price you want. Real estate agents and experts recommend a few things that will surely help in getting your house and property noticed. Hiring…
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SHOW NOTES FOR EPISODE 275: REAL ESTATE DAY TRADING FOR $100 PER HOUSE Real estate day trading involves buying and selling houses without leaving your home. In many cases, the investor can close on a house and resell it the same day – spending no more than $100 on an earnest money deposit. In today’s podcast, returning Old Dawg guest Larry Goins (episode #127), educator, author, mortgage lender, mortgage broker, real estate broker, and general contractor, explains how he…
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SHOW NOTES FOR EPISODE 274: 9 MUST DO STRATEGIES TO ACHIEVE YOUR 2019 GOALS Writing a Strategic Real Estate Investing Plan can be your blueprint to success for 2019! But making your plan work requires commitment and integration of your plan’s strategies into your daily life! In this podcast episode, Bill presents 9 key strategies that will help make your plan achievable through practical steps that are both easy and fun! Intro When I was…
As a real estate buyer, you have a tremendous opportunity for finding great deals if you look past curb appeal. There is a lot of talk by real estate professionals and real estate articles about curb appeal. It is widely known that improving the curb appeal on a house can get you an extra $10K-$20K+ when you sell your home. This also means that there is an opportunity for home buyers to…
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SHOW NOTES FOR EPISODE 273: PASSIVE CASH FLOW INVESTING & THE ART OF EFFECTIVE NETWORKING Most people associate real estate cash flow investing with purchasing rental properties and becoming a landlord, but did you know you can generate cash flow as a passive real estate investor, without owning or managing a single property? Today’s podcast guest is Jeremy Roll, passive real estate cash flow investor and founder of FIBI (For Investors By Investors), one of…
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SHOW NOTES FOR EPISODE 272: BEST OF FUN FACTS FRIDAY – CHOOSING THE RIGHT INVESTMENT PROPERTY One of the most difficult decisions real estate investors make is in choosing the right investment property. It is critical, especially in the beginning, that you fully understand how to select the best property for the best return. In this episode, Bill will explore how successful investors select the right properties in the best locations. It is the most important decision…
If you’re like most sellers, you’re keeping a close eye on your bottom line. While market conditions will factor heavily into the final sale price for your home, the choices you make during the selling process will also have an impact on that number. Yep, that’s right. Sellers can actually negatively affect the perceived value and so what are these common selling mistakes that could be hurting your bottom line? Let’s find out. Pricing…
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SHOW NOTES FOR EPISODE 267: BEST OF OLD DAWG’S REI NETWORK PODCAST – HOW TO GET BANKERS TO LOVE YOU Have you ever wondered if there was a secret formula to qualify for the best commercial loans? In this episode, Bill Manassero interviews Old Capital Lending directors and co-hosts of the Old Capital Podcast Michael Becker and Paul Peebles. In this episode, you will learn the inside scoop on how to get the…
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SHOW NOTES FOR EPISODE 270: BEST OF FUN FACTS FRIDAY – IF I HAD $100,000 TO INVEST IN REAL ESTATE In this episode, Bill answers the question, “If I had $100,000 to invest in real estate, how would I invest the money?” Now, granted, there are many many ways to invest in real estate. However, Bill tackles the question from a rental property cash flow point of view and you may be surprised with the…
The CIA world factbook clearly states that in its opinion Costa Rica is a ‘Central American success story’, and the government of Costa Rica is keen to expand on the country’s success and have announced the implementation of a seven year plan for the economic expansion of the country. To this end they are actively encouraging international real estate investors and those looking for a retirement or second home overseas to come…
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SHOW NOTES FOR EPISODE 269: BEST OF OLD DAWG’S REI NETWORK PODCAST – 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…
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SHOW NOTES FOR EPISODE 268: BEST OF FUN FACTS FRIDAY – 9 STEPS TO BUYING YOUR FIRST RENTAL PROPERTY Come join us for one of our best Fun Fact Fridays podcasts ever! Buying a rental property is largely similar to buying a residential property. However, some important differences do exist. In this episode, Bill explains the main steps you need to follow once you have made the decision to buy an investment property. First,…
If you’ve been following the news lately, you know that interest rates are rising and they have been for some time. This increase in interest rates will undoubtedly have an effect on the real estate market. So what does this mean to buyers preparing for the housing search? Your Monthly Payments Will Be Higher The biggest difference you’ll see as a buyer is that your monthly payment – that is, your mortgage payment plus…
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SHOW NOTES FOR EPISODE 267: BEST OF OLD DAWG’S REI NETWORK PODCAST – THE ABCS OF REAL ESTATE INVESTING WITH KEN MCELROY Come join us for one of our best podcasts ever with Ken McElroy, the author of The ABCs of Real Estate Investing, The Advanced Guide to Real Estate Investing and The ABCs of Property Management. In this week’s podcast, Rich Dad Advisor Ken McElroy shares his story of how he grew his real estate portfolio from…
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SHOW NOTES FOR EPISODE 266: DEVELOPING A STRATEGIC PLAN TO LAND THE BEST PROPERTIES IN 2019 “A goal without a plan is just a wish.” So is a real estate investor’s hopes of being successful without one. A good strategic plan is critical if you hope to succeed as a real estate investor. In this episode, Bill outlines how to write a Strategic Real Estate Investing Plan for 2019 that will bring you real results!…
If you are getting involved with real estate you may have heard the term REO without really knowing what it refers to and how it could play a part in your current or future investments. REO is actually just an acronym that stands for real estate owned by the bank. REOs aren’t all that common because the bank doesn’t want them, but they do happen and you can really cash in as…
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SHOW NOTES FOR EPISODE 265: CRUSHIN’ IT WITH RAW LAND INVESTING Want to make 300% profits flipping raw land online? Sound too good to be true? Well, for Mark Podolsky, it also sounded too good to be true, until he proved it by doing it himself. In today’s podcast, Mark shares how he started land flipping part-time until his “side hustle” income surpassed his full-time investment banking job. What You Will Learn What’s the…
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SHOW NOTES FOR EPISODE 264: ASK BILL! MAKING MORE MONEY IN REAL ESTATE, MOVING INTO MULTIFAMILY AND FINDING GOOD PROPERTY MANAGERS This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to share…
The holidays give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. Here are six reasons why it’s smart to buy in December: Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm…
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SHOW NOTES FOR EPISODE 263: REAL ESTATE INVESTING FOR THE LONG TERM Some say the multifamily real estate market has cooled but you wouldn’t know it by looking at one Virginia-based real estate company that acquired $100 million in assets in 2018 alone. In this podcast episode, Chad Doty, managing partner and CEO of Richmond, Virginia-based 37th Parallel Properties Investment Group, shares some of his inside secrets and successful long term strategies that have generated over…
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SHOW NOTES FOR EPISODE 262: SHOULD REAL ESTATE INVESTORS GET A REAL ESTATE LICENSE? Many real estate investors wonder whether they need a real estate license in order to be a more effective, strategic and successful real estate investor. In this podcast episode, Bill explores this question and examines the pros and cons of being an investor with or without a real estate license. Introduction One of the big questions many newbie real estate investors consider early…
The much-hyped concept these days, which is making its rounds in global economic platforms, is how to save money through investing in real estate. Investors all across the globe are trying to come up with innovative ways and means on how to make money fast. Many authors have also penned several books on how to grow money through investing in real estate, charting out innovative approaches. Unlike other investment tools, however, real…
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SHOW NOTES FOR EPISODE 261: RETIRE WITHOUT SETTLING FOR LESS Retirement can be everything you always dreamed of or it can be a daily struggle where you scrutinize every dollar spent and constantly assess and re-assess your investment portfolio, weighing risk vs. return. In today’s podcast episode, Ross Stryker, former military man, retired orthodontist and investor extraordinaire, shares how he was able to maintain his pre-retirement lifestyle and take the trepidation out of retirement through real estate investing. What You Will…
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SHOW NOTES FOR EPISODE 260: THE GIFT THAT KEEPS ON GIVING Learning real estate investing is not just about becoming a profitable investor, it’s about creating a self-sustaining vehicle that can provide steady income for generations to come. In today’s podcast, Bill Manassero shares a bit about his free-wheeling past and how a guitar was once his ticket to freedom and independence. He shares how real estate investing has replaced his guitar as a much better means to long-term growth — without having…
Buying an investment property is a huge step in growing financially. For one, you have the chance to earn passive income. For another, it’s an opportunity to diversify your assets. That said, it’s also a huge responsibility, both personally and financially. If you’re going to take this step, you want to make sure that you’re well-prepared for what’s to come. So, if you’re thinking about buying an investment property, you’ve come to…
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SHOW NOTES FOR EPISODE 259: WHAT IS HARD MONEY AND WHEN DO YOU NEED IT? Part of being a successful real estate investor is knowing loan products and financing techniques. Your funding source can destroy a deal if you don’t select the right source to meet your profit goals. In this podcast episode, real estate investor, hard money lender and CEO of DoHardMoney.com Ryan Wright shares the inside scoop on hard money and what it can do…
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SHOW NOTES FOR EPISODE 258: 10 TIPS TO PREVENT RUNNING OUT OF MONEY – RUNNING OUT OF MONEY – PART 2 Running out of money is one of the leading mistakes made by real estate investors. There are many reasons why this happens but the bottomline result is always the same — it can kill your opportunity for success. In part two of his series entitled “Running Out of Money,” Bill shares ten (well, really eleven)…
You really want to find motivated sellers for real estate investing? What is really necessary? The problem is that most people are looking for distressed sellers when they should really be looking for distressed properties! Despite a slew of advertisements on social media and in print, there is no easy answer for succeeding in real estate investing. Expect to put in long hours and hard, migraine-inducing work in order to generate results. Repeated direct…
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SHOW NOTES FOR EPISODE 257: THE ADVANTAGE OF MASTER LEASE AGREEMENTS IN MULTIFAMILY INVESTING If you want to buy apartments but don’t have the money, credit or experience required, you need to listen to this podcast! Getting started in apartment investing can be intimidating to most new investors but it doesn’t have to be. In this podcast episode, best-selling author, educator, consultant and commercial real estate investor Peter Harris shares how a Master…
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SHOW NOTES FOR EPISODE 256: ASK BILL! INVESTING WITH LEVERAGE, FLIPPING PROBLEMS & FINDING A MENTOR This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to share what little knowledge we…
With the real estate market being what it is these days, it may be a safer thing to fix up your house as opposed to selling it and purchasing a new one. House prices in many areas have topped off and are even come down so a homeowner will have a hard time finding the right value for their property. Most people are turning to house renovations to enhance the price of their house…
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SHOW NOTES FOR EPISODE 255: FINANCIAL INDEPENDENCE FROM REI AND OTHER GREAT SIDE HUSTLES Right out of college, she landed her ideal job as a newspaper reporter. Unfortunately, that “ideal job” ended up barely paying the bills and she eventually quit and traveled to Southeast Asia to figure out her next step. When she returned to the states, she did a little freelance writing and eventually ended up buying a triplex, renting out two units and living in the third — rent free. Her “house hacking”…
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SHOW NOTES FOR EPISODE 254: HOW TO RETIRE IN 5 YEARS Real estate investing can be the key to an early and fruitful retirement for those who are willing to put in the time and effort. It’s especially effective if you have a full-time job, can aggressively save and ramp up quickly to build up your real estate holdings. In this episode, Bill shares a simple formula anyone can use to build a retirement rental property portfolio…
Whatever the reason for selling, you’ll want to get the most out of the transaction. Some simple tips can help you market and sell your home in the least amount of time, for the maximum value. 1. First, do your homework. Find out the local market conditions for your neighborhood. Depending on your area, there may be better/worse times to sell. Once you’ve decided to sell, there are three different levels of…
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SHOW NOTES FOR EPISODE 253: OLD DAWG INVESTOR CREATES RETIREMENT ATM MACHINE IN JUST 2 1/2 YEARS It started with a simple lakeside future retirement home purchase that leveraged into a real estate portfolio that today generates $10K in monthly cash flow — in just two and a half years. In this episode, Old Dawg real estate investor and telecommunications architect/director Jack Poole shares how he and his wife Judi leveraged their future retirement home into a vacation rental, that…
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SHOW NOTES FOR EPISODE 252: RUNNING OUT OF MONEY – PART 1 If you’re planning on living off the rental income from your investment properties during your retirement years, the biggest fear is usually running out of money. However, buying right, managing your money right and buying for the long run can help insure that your cash flow stream never runs dry. In this episode, Bill discusses tactics and practical strategies you can…
Real estate investing is increasing at a staggering rate these days. More and more individuals are learning that real estate investments can offer wonderful earning potential. Real estate investing is a process which has many attractive qualities that make it a viable money-producing opportunity. There are a number of benefits that go along with purchasing real estate investments and the following paragraphs will highlight some of these benefits. As you will see…
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SHOW NOTES FOR EPISODE 251: USING SKIP TRACING TO MARKET DIRECT TO SELLERS In today’s seller market, it has become increasingly necessary for many investors to implement DIRECT TO SELLER marketing strategies – like direct mail and cold calling. It is especially challenging in the multifamily space where brokers used to supply investors with off-market leads but now pass those leads to institutional and international buyers who are paying above-market prices for properties….
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SHOW NOTES FOR EPISODE 250: 10 BEST STEPS TO PREPARE FOR A MARKET CORRECTION The signs are there: something big is coming. Consumers and investors alike are holding their breath, waiting for events to unfold. With America’s economic expansion in its 10th year, many worry that we’re overdue for a recession, and a bear market that usually goes with it. How should you organize your finances considering the uncertainty about prospects for a…
First impressions matter most. This is one concept that successful homeowners and real estate investors understand well. Curb appeal is the first impression when it comes to any property. This is the place where you, as an investor or seller, want those driving by to view your property as their perfect home or investment. For this reason, you should pay careful attention and spend the time and effort to insure the outside of the property is as inviting and…
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SHOW NOTES FOR EPISODE 249: MULTIFAMILY ACQUISITION STRATEGIES FOR TODAY’S ECONOMY It’s not a matter of if, but when, a U.S. recession will hit. As a real estate investor, are you prepared? If you are buying properties, what must you know to make the right buying decisions for both the best short and long term results? In today’s podcast, real estate broker, investor, syndicator and radio host Nizan Mosery, who currently holds over $120 million…
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SHOW NOTES FOR EPISODE 248: ASK BILL! ASSESSING NEIGHBORHOODS & IS NOW A GOOD TIME TO BUY? This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to share what little…
Unquestionably, almost all people want to earn more than enough money. So they find ways to earn extra income. Indeed, real estate is a prevalent investment. The millionaires out there gain their fortune through real estate investing. Even famous people are entering the real estate world to capture bigger earnings. They realize that investments in real estate are a good way of generating revenue. But do all the deals that you close…
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SHOW NOTES FOR EPISODE 247: FINANCIAL FREEDOM WITH REAL ESTATE INVESTING For many people, the dream of acquiring an apartment building is something desirable but not likely. In this episode, real estate entrepreneur, coach and author Michael Blank dispels the myths of apartment ownership and shares what’s truly required and how soon one can actually achieve financial independence through apartment investing. What You Will Learn Three types of apartment investors How to buy your…
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SHOW NOTES FOR EPISODE 246: REAL ESTATE INVESTING WISDOM FROM WARREN BUFFETT If you’re investing in real estate, then it only follows that you can call yourself an “investor.” Right? So, if you are an investor, what special knowledge are you bringing to your daily investment decision making process? In this podcast episode, Bill draws investor wisdom from an “investor extraordinaire” — the “Sage of Omaha,” also known as Warren Buffett. Bill examines some of Mr….
There are many methods for building fortunes in the world today. One of the most accessible, even for the average person, however, is real estate investing. In fact, you will find that many rags to riches stories come from people who invested in real estate in one form or another – individuals who pursued this lucrative but, at times, risky field. Real estate investing is a great strategy for the investor who is willing…
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SHOW NOTES FOR EPISODE 245: SERIES LLCs AND SAFEGUARDING YOUR PROPERTIES FROM LAWSUITS As real estate investors acquire more and more properties, the concern for adequate and effective asset protection grows. In today’s podcast, real estate investor and attorney Scott Smith tries to bring clarity to the massive confusion among investors as to the best ways to protect your real estate assets from lawsuits. What You Will Learn Why your insurance alone cannot protect you from…
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SHOW NOTES FOR EPISODE 244: HOW MUCH RENTAL INCOME IS ENOUGH? Many people dream about one day generating enough passive income to survive without a full-time job. And there are still others who would go one step further — they want to do more than simply survive. They, instead, want to have enough money to do whatever they want, whenever they want and wherever they want. For real estate investors, this is called financial independence! In this podcast episode, Bill examines the…
Real estate valuation for single family homes is typically done by using comparable sales. With income properties this just doesn’t work well. Imagine if you are looking at a 24-unit building. It would be difficult to find similar ones nearby that have recently sold. It’s also not ideal to use replacement costs for income property appraisal. How do you figure replacement cost if there is no land for sale nearby with proper…
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SHOW NOTES FOR EPISODE 243: CROWD FUNDING STRATEGIES FOR REAL ESTATE INVESTORS Even in an uncertain marketplace, real estate crowd funding is attracting a broad cross-section of investors. But what is the appeal and what kind of returns can investors realistically expect? In today’s podcast, Adam Hooper, CEO of RealCrowd, discusses the current crowd funding marketplace and what strategies investors can employ for maximum success and returns. What You Will Learn What crowd funding…
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SHOW NOTES FOR EPISODE 242: FINDING A BUYER’S MARKET IN A SELLER’S MARKET You can always find great property deals in a buyer’s market, but what happens when you’re in a seller’s market. In this podcast episode, Bill shares how you can still find a buyer’s markets within a seller’s market, if you just know where to look. UPDATE Quest for apartments. We don’t want to compromise our criteria and “buy just to…
There are many ways in which you can find a great property for your real estate investment. The problem lies in the fact that many would be investors aren’t exactly certain what specific types of investment they wish to make. Unfortunately, the type of investing will greatly affect the type of property that will best suit your real estate needs. This article focuses on finding a great property for the purpose of…
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SHOW NOTES FOR EPISODE 241: HOW TO BECOME A SUCCESSFUL SYNDICATOR Mastering real estate syndication can be the major impetus that transforms real estate investors into real estate moguls. However, many investors are intimidated by the mere thought of syndicating. In today’s podcast, leading syndication attorney Kim Lisa Taylor shares practical, easy to understand tips on how you can both learn and become successful as a real estate syndicator. What You Will Learn What four key prerequisites you…
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SHOW NOTES FOR EPISODE 229: ASK BILL! SOLO 401-KS, OUT-OF-STATE INVESTING, HOUSE MOMS & CLOSED CIRCUIT TV This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to share what little…
All good things carry with them some degree of risk. The same holds true with real estate investing. Despite the promise of high rewards you should temper those ambitions with the reality that the risks involved are more often than not just as high as the potential rewards. For this reason you need to take every possible precaution in order to insure that you minimize your exposure to risk whenever possible or…
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SHOW NOTES FOR EPISODE 239: WHERE IS THE ECONOMY HEADED? When real estate investor and financial newsletter writer Daniel Ameduri began warning friends and family in 2007 about the coming market crash, not everyone listened. Those who listened not only avoided great loses but some even profited in the rapidly shifting market. In this podcast episode, Daniel shares his story as a real estate investor during the 2008 economic crisis, reveals insights about the upcoming market correction…
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SHOW NOTES FOR EPISODE 238: REAL ESTATE INVESTING IN A SELLER’S MARKET Whether you’re a flipper or long term real estate investor, you’ll be more profitable in Hot, appreciating markets. The downside is that you’ll have more investors beating you to the punch. That’s why deals are harder to find, especially in late-stage hot markets. In this podcast episode, Bill shares strategic tips for effectively investing in a seller’s market. When decent acquisitions…
Investing in foreclosures is no doubt one of the best opportunities to make money in today’s economy. As with any type of business venture, there are risks involved. Investing in foreclosed properties offers great opportunity to buy homes significantly under market, but there are some risks such as considerable research, underlying lien problems, long-term carrying costs and several others. If you are willing to take the chance on a property or two…
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SHOW NOTES FOR EPISODE 237: 9TH INNING INVESTMENT STRATEGIES As we approach an inevitable market correction, our investment strategies and focus need to be on investments that will have both resilience and good long-term returns. Not only has the real estate investing market changed, but so has the global economy. In this episode, physician, entrepreneur, asset manager and podcaster Buck Joffrey shares how his real estate investing strategy has shifted to prepare in the…
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SHOW NOTES FOR EPISODE 236: 10 TIPS FOR BUYING RENTAL PROPERTIES IN TODAY’S SLOWING MARKET With increasing competition, rising interest rates and topped-out home prices, a correction is approaching. But what are real estate investors to do? Just because real estate prices in some areas have hit a temporary ceiling, that doesn’t mean that profits from property investments are hard to come by. In today’s podcast, Bill shares how, even during a real estate market…
There are many ways in which a person can make a living when it comes to real estate investing some of them carry more risks than others. It goes without saying that those that carry the greatest risks are often the very real estate investment methods with the highest potential profit but slow and steady, in many cases, wins the race. Flipping houses is in the news a lot because so many…
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SHOW NOTES FOR EPISODE 235: CLOCKWORK: DESIGNING YOUR BUSINESS TO RUN ITSELF WITH MIKE MICHALOWICZ If you’re like most entrepreneurs, you started your real estate business so you could be your own boss, make an endless stream of passive cash flow, and live life on your own terms. In reality, you’re bogged down in the daily grind, constantly putting out fires, answering an endless stream of questions, and continually hunting for cash. In…
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SHOW NOTES FOR EPISODE 234: ARE YOU A REAL ESTATE INVESTOR OR REAL ESTATE ENTREPRENEUR What is the difference between being a real estate investor and being a real estate entrepreneur, and why does it even matter? In this podcast episode, Bill shares how differentiating and determining whether you are an investor or an entrepreneur is critical to your future real estate success. A FEW UPDATES: House Mom is working out great (episode #230 – “House Moms”)…
Many people may not realize you can literally become a commercial real estate insider just by working in your own local community. There is a wealth of opportunity for those who are motivated and wanting to make a difference, not only in their own lives, but in the lives of people in the community as well. You do not have to travel across the United States or around the world to find…
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233: PASSIVE SYNDICATION INVESTOR IN 1,400 UNITS WHILE WORKING FULL-TIME Lane Kawaoka is a full-time civil engineer who wanted to become a full-time real estate investor. Unfortunately, as he acquired more properties, he quickly realized that, although he loved the cash flow, he hated the headaches of being a landlord. In this podcast episode, you’ll find out how Lane learned how he could have his cake and eat it too as a full-time employee and part-time passive syndication investor, enjoying the…
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SHOW NOTES FOR EPISODE 229: ASK BILL! NEWBIES WITH NO MONEY, STARTING REI AT 48, DECLINING POPULATION & RENTAL DEMAND This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors, to…
One of the great advantages of being a passive real estate investor is that you can live anywhere you want in the world. Or, at the very least, have multiple homes around the world. A beautiful yet affordable location you might want to consider is Costa Rica. People are migrating to Costa Rica in record numbers, and if you’re thinking of retiring, buying a second home, or starting a business – living in Costa…
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SHOW NOTES FOR EPISODE 231: CALIFORNIA TEACHER BUILDS $7 MILLION REAL ESTATE PORTFOLIO IN 7 YEARS Is it possible to invest in real estate if you are over 50 years old, live in a really pricey city in America, and earn a teacher’s salary of $52,000 a year? According to today’s podcast guest, San Diego teacher and real estate investor Mike “Swanny” Swan, it’s not just possible: but it can be phenomenally lucrative, creating life altering…
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SHOW NOTES FOR EPISODE 230: HOUSE MOMS One of the biggest challenges of managing small apartments is not having onsite property management. Depending on the size of the property, there may be a strong need for an onsite owner representative for security, service and smooth operations. In today’s Fun Facts Friday podcast episode, Bill Manassero shares a creative onsite solution that he is using called “House Moms.” OK, so here’s the challenge, you…
While real estate investing is a great line of business to get into in order to make copious piles of money, there are a few things to consider before jumping into the fray. This is particularly true if you are considering going the route of a rental property owner. There are all kinds of reasons that this is a good solid investment for most that are interested in investing in the real…
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SHOW NOTES FOR EPISODE 229: FINDING YOUR STRATEGY AND YOUR NICHE All too often real estate investors get caught up the many great strategies for making money with real estate. However, the most successful investors find one key niche and one key strategy and learns to master both. In this podcast episode, real estate entrepreneur and marketer Erik Stark shares how he built a successful real estate business that did well but didn’t…
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SHOW NOTES FOR EPISODE 126: BARRIERS TO ENTRY – EXCUSE #2 – “I DON’T HAVE THE TIME” All too often the biggest thing keeping us from success is ourselves. In this Fun Fact Friday episode, Bill continues his podcast series on the most common reasons why many people never get started in real estate. The series is called “Barriers to Entry,” where Bill explores and responds to people’s most common excuses. This episode…
Zero down? Why would a seller want to walk away from closing with nothing? Well, they wouldn’t, and that brings up the most important point about real estate investing with no down payment: The seller almost always needs cash at closing, but it doesn’t have to be YOUR cash. A Zero Down Example For example, a person is selling a small rental property right now, with payments of $400/month. The buyer has a…
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SHOW NOTES FOR EPISODE 227: CREATIVE TIPS TO INCREASE YOUR PERSONAL CASH FLOW Many people have tried real estate investing but, unfortunately, fail miserably for the simple reason that their personal finances weren’t in order first. In this podcast episode, Jordan Goodman, 18-year personal finance writer for Money Magazine and noted expert on personal finance, shares some tips and tools that will help you improve your personal finances so you can better succeed in real estate investing….
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SHOW NOTES FOR EPISODE 226: 5 IMPORTANT THINGS YOU NEED TO KNOW BEFORE YOU BECOME A LANDLORD Being an effective landlord is critical to real estate investing success. Landlords are able to take advantage of a wealth of tax benefits while generating steady cash flow and their property appreciates in value. In this podcast episode, Bill shares five important things every real estate investor needs to before becoming a landlord. As an investor, there are…
You’ve heard it a million times. If you were to get a property that is entering foreclosure, you can get a great deal on the price of the home or property. The main question is how do you acquire the necessary knowledge to get this property. There are a lot of loopholes when it comes to foreclosures, so it’s best to know as many of them as possible to prepare yourself for…
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SHOW NOTES FOR EPISODE 225: HOW TO BE A SUCCESSFUL SYNDICATION PASSIVE INVESTOR Real estate is one of the best investments out there. But how do you invest? Do you have to deal with tenants, toilets and trash? Or, is there a easier way? Real estate syndications are a great way for you to tap into high-yielding real estate investments without ever having to be a landlord. In this podcast episode, passive real estate…
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SHOW NOTES FOR EPISODE 224: ASK BILL! REI SEMINARS, USING YOUR EQUITY & QUICK QUESTIONS 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. One of our goals here at the Old Dawg’s REI Network is to help to educate/enlighten fellow real estate investors to share what little knowledge…
Capital is one of the biggest requirements for real estate. So many people want to get started in real estate investing, but do not have the money to do so. Sometimes it can seem like a Catch-22 kind of situation. You want to invest in real estate to make money, but you need money to invest in real estate. Many people wonder how they will ever be able to get started in…
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SHOW NOTES FOR EPISODE 223: WINNING THE COMMERCIAL REAL ESTATE LOAN GAME When you need funding for a new property purchase, time is of the essence. You cannot afford to waste a minute, let alone, months, completing bank loan documents only to find out your loan has been declined. In this podcast episode, 30-year real estate investor vet and software developer John Matheson shares how he discovered a way to take the mystery out of…
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SHOW NOTES FOR EPISODE 222: AIRBNB ON AUTO PILOT Bill Manassero started with a test AirBNB apartment unit in August of 2017. It proved so effective that, in April 2018, he converted two more AirBNB units and now wants to add even more. AirBNB has proven to be an excellent way to significantly boost rental income from conventional rental properties. In this episode, Bill shares how his current AirBNB properties are crushing it and how he is…
If you surf the Internet and read books on real estate investing you will come across a lot of useful information, though the majority of these sources concentrate on providing information on just one particular sphere of investing. Thus, if you are looking to find out more about real estate investing, in general, you may not find that much information and may be at a loss when it comes to formulating the proper…
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SHOW NOTES FOR EPISODE 221: WHOLESALING REAL ESTATE WITH ZERO CASH Broke and unemployed, Dan Breslin desperately sought out real estate investing as a solution to his dilemma. He took some seminars and read a lot of books but, after 6 months, still he had done nothing. With his last $150, he bought a 7-day classified “We Buy Houses” ad in a local weekly newspaper for $79 and on the sixth day, he received a call from an old…
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SHOW NOTES FOR EPISODE 220: EFFECTIVE REAL ESTATE STRATEGIES FOR YOUR RETIREMENT The goal for most retirement growth strategies is to turn a smaller nest egg into a much bigger one. Knowing your niche and strategies is key to achieving this goal. As a beginner, it’s even more important to avoid wasting time chasing shiny objects and running after rabbit trails. In this podcast episode, Bill zeros in on some effective real estate strategies that will help you get…
A home will sell for two reasons: price and exposure. In the real estate market for the 21st century, exposure has taken a new turn with the advancement of many Internet technologies for real estate. Be it as it may, the real estate industry’s new exposure tools will not help a home sell if the home is not priced correctly. When considering putting your home up for sale, it is very important…
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SHOW NOTES FOR EPISODE 219: REAL ESTATE INVESTING IN CLEVELAND Cleveland, Ohio is rated the number one city in the US for rental returns. Today’s guest, James Wise, who was born and raised in Cleveland and has been investing there since 2008, is also the number one seller of investment homes in the city. In this informative episode, James shares insider tips on where and where not to buy in Cleveland and the ups and downs of landlording. What…
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SHOW NOTES FOR EPISODE 218: SLUGGING IT OUT IN THE TRENCHES – INDY UPDATE Real estate investing is not all roses! But that’s no reason to get discouraged or to stop pursuing your goals. Those who keep moving forward will win. In this episode, Bill candidly shares some messy, down-in-the-dirt landlording stories, what he has learned and how he is overcoming some of these temporary obstacles. Hey Fellow Old Dawgs! You know, I asked recently for feedback on…
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…
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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…
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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…
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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…
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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…
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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…
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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…
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SHOW NOTES FOR EPISODE 211: A SCIENTIFIC APPROACH TO REAL ESTATE INVESTING Neal Bawa is an engineer whose technology education company was so successful that he sought out real estate investing as a means to reduce his tax burdens. Applying scientific principles, Neal quickly grew his real estate holdings to over 1,000 units worth more than $111 million. In this episode, Neal shares his unique real estate investing approach and some of his secret tricks that continue to yield…
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SHOW NOTES FOR EPISODE 210: 20 BEST WAYS TO FIND OFF-MARKET DEALS In today’s real estate marketplace, especially in multifamily, competition is stiff. There is limited product and way too many people willing to pay more than asking price to acquire the great properties. In this episode, Bill shares 20 creative strategies investors can implement to locate great off-market deals at reasonable prices. Introduction In today’s market, especially in multifamily, competition is stiff. If you are a…
As more and more of us look for better ways to secure our financial future than investing into stocks or relying on Social Security to provide for us in our old age, so interest in real estate investing is increasing. After all, rarely do real estate investments lose money, whereas, all too often, other types of investments, be it pensions, stocks, or Bitcoin, fail to come to fruition. Is it any wonder, therefore, that an increasing…
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SHOW NOTES FOR EPISODE 209: BUYING REAL ESTATE WITHOUT CASH OR LOANS Best-selling real estate book author Chris Prefontaine was so crushed in the 2008 recession that he vowed to never again sign another loan application. In today’s podcast, Chris shares how he has creatively done over $80 million in real estate transactions without his own cash and without bank loans. What You Will Learn How to acquire real estate without cash or bank loans? What is a lease option? How…
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SHOW NOTES FOR EPISODE 208: ASK BILL! FINDING SMALL RENTALS AND FINDING REAL ESTATE INVESTORS This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers 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. It seems that real estate investors are always looking for something. If it isn’t properties, funding and tenants, it’s investors, partners and deals. In today’s monthly Ask Bill episode, Bill…
As a commercial real estate investor, you regularly need to evaluate income producing properties. You do this by analyzing the income and expense sheets of the subject property in which you are interested. Income and expense sheets do not involve fancy finance or numbers, and you do not have to take a difficult finance class in order to decipher the numbers and what they mean to the end user. It is very important,…
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SHOW NOTES FOR EPISODE 205: BEST TIPS FOR DUE DILIGENCE THE RIGHT WAY There’s a huge problem in the real estate investing business that nobody is talking about – DUE DILIGENCE. Investors are leaving big money on the table by not learning key essential principles. Most investors, real estate brokers and real estate professionals barely scratch the surface when conducting their due diligence. In this podcast, due diligence expert Brian Hennesey shares 10 effective tips on how…
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SHOW NOTES FOR EPISODE 206: HOW TO REDUCE THE TOP FIVE RENTAL PROPERTY RISKS A rental property is one of the most popular choices of real estate investors looking to invest in new opportunities. Sure there are flippers, wholesalers, builders, speculators and more, but rental property is something most people who have ever owned a home can easily grasp and understand. However, like all real estate investments, it also has it’s risks. In…
Real estate investing tips tend to be a bit vague, like “invest in the right location,” or “make sure the numbers work.” Actually, tips like these are important principles to remember. However, since they have been well represented in other articles, I want to share a few more specific tips with you. Listen to the Market The cabinet guy looked to me for a decision. I realized that I knew nothing at…
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SHOW NOTES FOR EPISODE 205: GROWING AND SCALING YOUR REAL ESTATE INVESTING BUSINESS Discouraged by huge student loan debt, an unfulfilling job and a girlfriend that wouldn’t marry him, Ivan Barratt got re-motivated and started a real estate business in a spare bedroom of his house. Fast forward six years… Today, Ivan owns 1,800 units, manages 2,200 units, has 54 employees and is not slowing down. In today’s episode, Ivan shares his success secrets for growing…
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SHOW NOTES FOR EPISODE 204: THE POWER OF LEVERAGE Real estate investing has many great attributes but one of its greatest is the ability to create massive wealth through leverage. In this episode, Bill will explore the power of leverage in real estate investing and share how you can exponentially grow your investment dollar by utilizing this valuable strategic tool. Introduction Real estate is by far my favorite asset class. Even though I’ve been tempted to sell my rental properties at times…
As the real estate market cools, the profit potential of home ownership has cooled as well. Here’s a strategy called “follow the builder.” It is relatively easy to make a profit when you sell your home if the market is rising sharply like it has been in most of the country for the last three years. It becomes more difficult when a hot market slows down. It’s very difficult to make a…
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SHOW NOTES FOR EPISODE 203: INVESTING IN AFFORDABLE HOUSING WITH EDDIE LORIN Having successfully purchased and transformed more than $3 billion in multifamily real estate, including approximately 40,000 units nationwide, real estate entrepreneur Eddie Lorin now directs his efforts to the nation’s housing crisis through Impact Housing. In this episode, Eddie shares how Impact Housing is providing quality, affordable housing, along with free health-related education, fitness, gardening and nutrition programs for residents and families living in his unique low income apartment…
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SHOW NOTES FOR EPISODE 202: HOW TO AVOID REAL ESTATE INVESTING MISTAKES Avoiding costly mistakes is a goal of every real estate investor. However, are mistakes avoidable? Are there practical things we can do to prevent mistakes from happening? And when they happen, how should we respond? In today’s podcast episode, Bill shares insight into real estate investing mistakes by candidly sharing a series of recent calamities that occurred with one of his investment properties. Before we get…
When a person says they are a real estate investor it can mean any number of things. There are many different types of real estate, and many different ways to invest. Which way is best is for you, really depends are your particular needs. Here is a checklist of 15 different types of real estate investments to consider, along with key advantages and disadvantages. 1. Rental Properties Advantages: One of the easier ways…
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SHOW NOTES FOR EPISODE 201: FROM RUSSIA WITH LOVE FOR REAL ESTATE INVESTING Immigrating from Russia to the U.S. as a teenager, joining the U.S. Navy and earning a technology degree in the evenings while in the military, were just a few of the many accomplishments of this 31 year old “accidental” real estate investor. In today’s podcast episode, Anton Ivanov shares how, after completing 6 years of active duty in the military,…
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SHOW NOTES FOR EPISODE 200: ASK BILL! BUY LAND AND RETIRE CHEAP, REAL ESTATE INVESTING TO FUND MINIMALIST LIFESTYLE AND TRAVEL This is our monthly Fun Fact Friday “Ask Bill!” episode, where Bill answers specific real estate investing questions received from during the month from e-mails, in-person conversations, phone calls or through online portals such as BiggerPockets.com and Quora. But before we get started… HAPPY 200th EPISODE!!!! Welcome to the 200th episode of the Old Dawg’s REI Network We can’t…
The dream of owning a family vacation home in some sun-drenched overseas location is one the majority of us share, and because real estate proves itself time and again as a solid long term investment commodity, many more people are committing to purchasing real estate abroad as an investment that they and their family can also enjoy and benefit from. When buying a vacation home abroad there are a number of key…
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SHOW NOTES FOR EPISODE 199: SECRET WEAPON TO ACQUIRE OFF-MARKET REAL ESTATE DEALS Dave Lecko is an electrical engineer and real estate investor who would “drive for dollars” to find distressed properties to purchase, rehab and rent out. The process of acquiring the property owner’s address and phone number, however, was lengthy and took too long. In this podcast episode, Dave shares how his frustration motivated him to develop an app (that is…
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SHOW NOTES FOR EPISODE 198: WHAT IS A GOOD ROI FOR YOUR RENTAL PROPERTY Being aware of the potential financial returns of an investment property is the driving force behind a purchase. But how can you find out the financial return of a rental property? Through its ROI (Return-on-Investment), of course! But what exactly is ROI? And what is a good ROI for rental property? In today’s Fun Facts Friday podcast, Bill will take a look at…
Many people tend to get caught up in real estate trends reported in magazines, newspapers and on television. This is not a wise idea. With the advent of the Internet, you can learn just about anything on a particular subject. While access to information is usually a positive development, things can conversely get a bit crazy if you get overloaded with it. Look long enough and you can find two pieces of…
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SHOW NOTES FOR EPISODE 197: ARE MOBILE HOME PARKS A BETTER INVESTMENT THAN APARTMENTS? He developed a love for investing at age 17 but ended up working for “the man” at a Silicon Valley start-up. With the goal of gaining financial independence and growing wealth, Jefferson Lilly searched for the perfect investment. In this episode, hear how Jefferson’s journey ultimately resulted in him becoming a multimillionaire mobile home park investor. What You Will Learn Why Jefferson believes mobile home parks are the…
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SHOW NOTES FOR EPISODE 196: AIRBNB APARTMENT TEST UPDATE Bill’s experiment with converting one of his Indy apartment units into a short-term rental unit via AirBNB, VRBO and other furnished housing portals, proved to be a success. In this episode, Bill shares his results to-date as he prepares for a trip to Indy to convert two more units. Introduction As real estate investors, we should be looking at ways to improve what we do and to maximize…
We hear every day how important it is to own real estate. What we don’t hear is how to make sure we get the best rate possible and save ourselves thousands and thousands of dollars over the term of our mortgage. Not everyone is blessed with the best credit and a huge down payment. So, how does one basically get the best deal on their mortgage or refinance? 1. Find out your…
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SHOW NOTES FOR EPISODE 197: MAKING UP FOR THE LOST TIME WITH MATT THERIAULT When you’ve lost everything and you’re trying to pick up the pieces and move forward with your life, where you begin? This was the real life dilemma faced by Matt Theriault who, overnight, went from a 7 figure salary to a $7 per hour grocery bagging job. In today’s podcast, Matt shares how real estate investing became the vehicle to not only…
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SHOW NOTES FOR EPISODE 194: BARRIERS TO ENTRY – EXCUSE #1 – “I DON’T HAVE THE MONEY” All too often the biggest thing keeping us from success is ourselves. In this episode, Bill begins the first in a new podcast series entitled “Barriers to Entry,” where he explores and responds to some of the most common excuses we use for not getting started in real estate investing. This episode addresses excuse number one – “I don’t have the money.”…
I often get asked the question, “What do I look for in a neighborhood?” My answer is always the same. “Easy. Value!” I usually get a strange look, but it’s true. In a neighborhood, I am looking for clues to assess the value of the property, plain and simple. Well, maybe not so plain and simple, I know. So let me explain. Normally, value-add properties are not in the expensive areas of…
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SHOW NOTES FOR EPISODE 193: FROM HIGH SCHOOL SHOP TEACHER TO REAL ESTATE MOGUL He was a high school shop teacher in Minnesota who loved teaching and the kids he taught but, with a new marriage, kids of his own and limited salary, he was having a tough time making ends meet. He started reading books by Robert Kiyosaki and others, got the real estate bug and became a part-time flipper and landlord. In this podcast episode, Todd…
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SHOW NOTES FOR EPISODE 192: ASK BILL! NEWBIE 1ST PURCHASE, OUT-OF-COUNTRY INVESTING & COACHING/MENTORING PROGRAMS, Ask Bill! Newbies are nervous about their first rental property purchase. A recent college grad from Canada who wants to be a real estate investor asks about investing in the U.S. Another person asks about coaching and mentoring programs. In this Fun Fact Friday “Ask Bill!” episode, Bill Manassero answers some of the real estate investing questions received during the month from emails,…
Writing down your real estate investment criteria means clearly defining your real estate investing needs and wants. But, more than that, it spells out exactly what kind of a real estate opportunities you are targeting to succeed. Having specific written criteria keeps you on track, can help you grow as an investor and even makes it easier for you to land the best real estate deals. If your hope is to join the…
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SHOW NOTES FOR EPISODE 191: RENTAL PROPERTY ANALYSIS SIMPLIFIED WITH FRANK GALLINELLI Outside of an in-depth understanding of your market, thorough property analysis is key to your real estate investing success. In this episode, Frank Gallinelli, Columbia University professor and author of the best selling book, What Every Real Estate Investor Needs to Know about Cash Flow, clearly explains effective property analysis, as well as identifying which key metrics are most important. What You Will…
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SHOW NOTES FOR EPISODE 190: CHOOSING THE RIGHT INVESTMENT PROPERTY One of the most difficult decisions real estate investors make is in choosing the right investment property. It is critical, especially in the beginning, that you fully understand how to select the best property for the best return. In this episode, Bill will explore how successful investors select the right properties in the best locations. It is the most important decision real estate investors make. That is, determining…
Have you ever dealt with bad renters? Late payments? Stains on the carpet? Calls late at night about a stopped toilet? Sometimes being a Landlord is not a fun game, especially when you have a nice home and bad tenants. Have you taken advantage of the recent low interest rates and refinanced your home to the maximum? What about a home equity loan or other form of second mortgage? Do you know…
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SHOW NOTES FOR EPISODE 189: SERIAL ENTREPRENEUR EMBRACES MULTIFAMILY INVESTING Dave Zook loves business and has started many, however, real estate wasn’t one of them. It wasn’t until his tax bill began to dwarf his successful businesses’ profits that real estate came across his path. In this podcast episode, Dave shares how after reading Rich Dad Poor Dad, he stalked Robert Kiyosaki down on a real estate cruise seminar to find out first-hand how real estate investing…
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SHOW NOTES FOR EPISODE 188: 11 BEST REASONS WHY REAL ESTATE INVESTING IS SO GREAT Why is everyone raving about real estate investing? What’s so great about it? How are average people becoming wealthy in such a short period of time with real estate investing? In this episode, Bill takes a deep look at buy and hold real estate investing and shares his top 11 favorite reasons why real estate investing is the best investment option…
Can you win at the game of commercial real estate? The game of commercial real estate can be won in many ways. It’s more of an essay test than true or false. There’s definitely more than one correct answer. A large percentage of the world’s billionaires earned their wealth through real estate investment. While nothing is a sure thing, real estate offers many opportunities for the savvy investor. Whether you want to…
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SHOW NOTES FOR EPISODE 187: HELPING HIS PARENTS BUILD A REAL ESTATE RETIREMENT PORTFOLIO Even though Jordan Topal’s full-time job is managing bond portfolios for municipalities and high net worth individuals, his personal investment choice is real estate rental properties. In this podcast episode, Jordan shares how, as a part-time real estate investor, he is able to exponentially grow his own real estate portfolio for his own early retirement while, at the same time, helping his…
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SHOW NOTES FOR EPISODE 186: FINDING A REAL ESTATE INVESTING PARTNER As a real estate investor, you might have heard the pros and cons of real estate investment partnerships. In today’s episode, Bill outlines some of the reasons you might want to consider a partnership, how and where to find a partner and tips for maintaining a successful partnership. As a real estate investor, you might have heard a lot about real estate…
An appraisal is a valuation of a property by an independent appraiser. The appraiser does an evaluation of the home, considers the home in comparison to others of comparable type and so on. Once completed, the appraiser then issues a written appraisal value of the home. Many home buyers make the assumption the appraisal is the true value of the home both now and in the future. This can be a dangerous…
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SHOW NOTES FOR EPISODE 185: THE ABCS OF REAL ESTATE INVESTING AND PROPERTY MANAGEMENT WITH KEN MCELROY If you are a regular listener of the Old Dawg’s REI Network Podcast, you know that many of our successful real estate investor guests cite Robert Kiyosaki’s classic book, Rich Dad Poor Dad as the book that inspired them to become a real estate investor. But when investors actually take the step to learn how to invest in real estate, they…
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SHOW NOTES FOR EPISODE 184: ASK BILL! FINDING A MENTOR, MULTIFAMILY INVESTING, COMMON REI PROBLEMS I know it’s important to have a mentor but where do I find one? How do I get started in multifamily investing? And what are some of the common problems I might encounter in real estate investing? In this special “Ask Bill” episode, Top Dawg Bill Manassero will tackle these questions and provide some additional food for thought for motivated investors….
If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only. If you hope to “flip” the property there are 4 things you must be aware of that can put a crimp on your profits. Property Taxes Keep the property for a…
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SHOW NOTES FOR EPISODE 183: ENGINEERING A MULTIFAMILY STRATEGY THAT REALLY WORKS! Buying his first real estate investment in Israel and, after reading Rich Dad Poor Dad by Robert Kiyosaki, Joseph Gozlan jumped into real estate investing with an unyielding determination and commitment. An engineer by trade, Joseph began testing and refining his real estate investing methodologies to develop a system that would work well for the long run. In this episode, Joseph shares the challenges…
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SHOW NOTES FOR EPISODE 182: PROS AND CONS OF BEING A FULL-TIME REAL ESTATE INVESTOR Making the decision to become a full-time real estate investor requires a lot of research and education, including an assessment of the advantages and disadvantages of full-time investing. In this podcast, Bill will discuss some of the pros and cons to give you a bigger picture of what it is like to dedicate your time, effort, and money to this kind…
How do you find cheap homes? There are too many ways to list here, but there are five basic principles to learn. Understand these, and you can save thousands of dollars on your next home. 1. Cheap Homes Are In Cheap Towns Yes, there are still beautiful towns in this country where you can see a good movie, put the kids in a good school, go shopping, enjoy nearby natural beauty, and…
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SHOW NOTES FOR EPISODE 181: LIVIN’ IN THE CASH FLOW ZONE He went from house flipper to buy ‘n holder investor to cash flow expert! In this episode, Tyler Sheff, successful real estate investor and host of the Cash Flow Guys Podcast, shares his real estate investing journey dealing with massive tax bills he couldn’t pay, to getting a W2 job to pay his tax bills and, finally, to mastering the “slow and steady” cash…
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SHOW NOTES FOR EPISODE 180: STRATEGIC TIPS FOR HIGH OCCUPANCY RATES The occupancy rate for a rental property is like the fuel for an automobile. No matter how good a rental property is, it becomes irrelevant if it’s not occupied by good tenants. But what if you own a rental property that is not attracting enough tenants, and therefore not generating enough profits. In today’s episode, Bill shares a few “insider tips” that real estate investors can use to…
So you’ve seen your umpteenth infomercial with the guy in his neatly pressed button-upped white T-Shirt, grinning ear-to-ear, waving his rock-solid no-money-down rags-to-riches real estate investment course for 3 easy payments of a gazillion dollars (but only if you call now). And now, you are thinking, “Wow, this looks like a great deal, I better get it fast before the special offer expires.” You notice how there’s always a special offer! Anyway,…
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SHOW NOTES FOR EPISODE 179: POLICE LIEUTENANT’S FIRST RENTAL PROPERTY PURCHASE IS AN APARTMENT BUILDING When Lieutenant David Sweeney of the Seattle Police Depart became eligible for early retirement at age 53, he realized that, with three young children, college, weddings and still more major expenses ahead, that his pension was inadequate to carry him through his retirement years. In this episode, David shares how real estate investing, and specifically multifamily investing, was exactly what he needed to…
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SHOW NOTES FOR EPISODE 178: TOP US EMERGING REAL ESTATE MARKETS FOR 2018 Wise real estate investors we are always on the lookout for great new “emerging markets” where all market factors point toward strong appreciation and growing rental demand. Buying rental properties in the earliest stages of the market cycle result in quicker, high-yielding returns over time. In this episode, Bill shares little-known information about some new primary and secondary markets that have all the…
As far as home improvements go, landscaping is a solid investment – in fact, a well designed outdoor project can offer a better return than most of those inside the house. Good landscaping can add between 7 and 15 percent value to your property and has a recovery value of 100 to 200 percent, so shell out now and get it back when you sell. Many investors will tell you that a well-designed landscape…
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SHOW NOTES FOR EPISODE 177: THE UNOFFICIAL GUIDE TO REAL ESTATE INVESTING WITH MARTIN STONE Growing up on welfare in Duluth, Minnesota made a lasting impression on young Marty Stone. It was that experience that motivated him to business success and financial independence. In this episode, Martin Stone, the author of the acclaimed real estate investing “reference bible,” The Unofficial Guide to Real Estate Investing, shares how he fulfilled his childhood dream,…
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SHOW NOTES FOR EPISODE 176: ASK BILL! NEWBIE WITH LIMITED FUNDS, REAL ESTATE AGENT 1ST, RESERVES, AND INVESTING $500K Ask Bill! How do I get started in real estate investing if I have very little money to invest? Should I become a real estate agent first before I become a real estate investor? How much money do I need to keep in reserves personally and for each property as a real estate investor? How should…
Rental property financing can be a bit overwhelming for most real estate investors. It is especially challenging for newbie investors. Yet, there are a few tips that you can follow in order to find the right financing for your investment property. Here are some possible rental property financing options. Consider applying for a loan This funding strategy is the most common in real estate investing. It’s not only for newbie investors but…
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SHOW NOTES FOR EPISODE 175: STARTING BIG WITH MULTIFAMILY When Mark Kenney left his successful tech firm to become a full-time real estate investor he wasn’t sure what to expect. Little did he know, it would be one of the best decisions of his life. Today, he has acquired over 2,600 units valued at over $140 million. In this podcast episode, Mark shares how his move to become a full-time real estate investor…
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SHOW NOTES FOR EPISODE 174: HOW TO GET A REAL ESTATE INVESTING EDUCATION FOR FREE Expanding your knowledge should be a regular goal of every businessperson. If you want your business to grow, be successful and be profitable, it is important to continually educate yourself. In this episode, Bill shares the importance of real estate investing education and where you can find it for free. If you’ve listened to this show regularly, you know the…
If you want to buy your first rental property, but aren’t sure if your budget can handle soaring real estate prices, we’ve got good news. There are things you can do to stretch your buying power. With the help of a good real estate agent – and these 10 tips – you can become a savvy real estate investor without breaking your budget. 1. Get pre-approved for your home loan. This means,…
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SHOW NOTES FOR EPISODE 173: GROWING A SUCCESSFUL REAL ESTATE BUSINESS THROUGH RELATIONSHIPS Some people say real estate is all about “location, location, location” but, according to successful real estate investor Melodee Lucido, it’s not the location that’s key but, more importantly, it’s all about relationships. In this episode, Melodee shares her key to success through developing, growing and nurturing strong, lifetime relationships. What You Will Learn Two key things Melodee does to help people…
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SHOW NOTES FOR EPISODE 172: 17 TRAGIC REAL ESTATE INVESTING MISTAKES While real estate investing is an amazing way to build wealth and passive income, it is also a perfect way for inexperienced investors to lose money quickly. In this podcast episode, Bill will point out some real estate investor common mistakes so that you can avoid or fix them right away. The purpose of this post is to point out common mistakes so that…
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…
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SHOW NOTES FOR EPISODE 171: INVESTING IN DETROIT It used to be that when someone would say they invested in Detroit real estate, the follow-up question would be, “Well, I have some Florida swamp land you might be interested in.” Not anymore! Like Florida real estate, Detroit real estate is no longer a laughing matter. Forbes magazine calls Detroit the most undervalued real estate market in America. In this episode, lifelong Detroit resident,…
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SHOW NOTES FOR EPISODE 170: WHERE ARE AMERICANS MOVING? TOP 5 INBOUND AND OUTBOUND STATES Successful real estate investors always have their eyes open for promising new markets. In this Fun Fact Friday podcast episode, Bill explores a study put out by a major U.S. moving company that tracked the numbers of moves into and out of all 50 U.S. states during 2017. He shares the data for the Top 5 Inbound and…
Mortgage quotes are a dime a dozen. So are mortgage companies, running the whole gamut from legitimate brokers to fly-by-night lenders. To make sure you get the best deal and ensure you do not fall prey to unscrupulous brokers, learn basic mortgage terms and concepts. Mortgaging 101 Mortgaging is a complex process. Its basic terms and concepts, however, are simple enough for anyone to understand. Brush up on this little stash of…
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SHOW NOTES FOR EPISODE 169: REAL ESTATE INVESTING SUCCESS THROUGH GREAT TIMING & EFFECTIVE DEAL ANALYSIS Leaving their lucrative, fast-paced silicon valley careers to pursue a business they knew very little about was a scary move — but it proved to be one of the best decisions of their lives. In this episode, you will hear how J. Scott and his wife Carol’s decision to chose family over careers, using real estate investing, gave…
SHOW NOTES FOR EPISODE 273: THE ART OF NETWORKING What you Will Learn About Our Guest Jeremy Roll Jeremy started investing in real estate and businesses in 2002 and left the corporate world in 2007 to become a full-time passive cash flow investor. He is currently an investor in more than 70 opportunities across more than $1 Billion worth of real estate and business assets. As Founder and President of Roll Investment…
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SHOW NOTES FOR EPISODE 168: ASK BILL! TURNKEY INVESTING, AIRBNB, INVESTING WITH NO JOB, OUT-OF-STATE INVESTING Are you considering purchasing a turnkey rental property? Are you interested in hosting AirBNB in your home or rental? Do you want to invest but are not currently working? Are you considering investing out-of-state? If you answered yes to any of those questions, today’s “Ask Bill” episode is just for you! This is our monthly segment where Top Dawg Bill…
SHOW NOTES FOR EPISODE 272: BEST OF FUN FACTS FRIDAY – CHOOSING THE RIGHT INVESTMENT PROPERTY One of the most difficult decisions real estate investors make is in choosing the right investment property. It is critical, especially in the beginning, that you fully understand how to select the best property for the best return. In this episode, Bill will explore how successful investors select the right properties in the best locations. It is the most important decision…
Negotiations in real-estate deals are all about compromising and agreeing in order to close a transaction. When negotiating, the negotiator should know the needs of the client. Legal knowledge is important since the negotiator should be able to identify the legal processes that could be done to achieve the client’s needs. Negotiators are usually real-estate lawyers, although real-estate agents would also negotiate for their clients. To get successful negotiation results, it is…
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SHOW NOTES FOR EPISODE 167 – BEST OF OLD DAWG’S REI NETWORK – PART-TIME REAL ESTATE INVESTING Many people wonder if it’s possible to maintain a full-time job and grow a substantial real estate portfolio at the same time. In this episode, Dr. Buck Joffrey, a full-time physician (at the time), podcast host and real estate investor, talks about how he grew over $20 million in real estate and other business investment assets while working…
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SHOW NOTES FOR EPISODE 166: WRITING YOUR 2018 STRATEGIC PLAN In our last Fun Facts Friday episode, we talked about looking back at the past year. Documenting and recording everything you did relative to your real estate investing, or, if you’re a Newbie, all the education and preparation you did as well as examine your personal finances. Or: I read these books, Attended these seminars Joined a REIA club or meet-up I had…
Are you going to be able to retire? And if you do, will you be in a position to enjoy your retirement years, cover any necessary medical bills and maintain an acceptable level of health? Those can be chilling questions if you haven’t thought about them much. If you haven’t given them adequate thought, that means you haven’t prepared for certain inevitabilities. Real estate investment can help you answer those questions and…
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SHOW NOTES FOR EPISODE 165 – BEST OF OLD DAWG’S REI NETWORK – FUNDING YOUR FIRST BIG REAL ESTATE DEAL When you acquire a larger property that is priced beyond your cash-on-hand, you need to find the money to cover the down payment, closing costs, and repairs/rehab expenses. You also need to have someone sign on the loan with a net worth more than the property. Where do you go to find that…
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SHOW NOTES FOR EPISODE 164: YEAR-END UPDATE & YOUR 2018 STRATEGIC PLAN Developing a good strategic plan is very important if you are serious about reaching your real estate investment goals. In this episode, Bill zeros in on the importance of compiling the previous year ‘s data to help create your 2018 Strategic Real Estate Investing Plan. Without a vision, people perish. Proverbs 29:18 This is the time of the year when we…
There is little doubt about the fact that a real estate market crash can be frightening for everyone, especially investors. When the market is good, it’s great; however, when it starts to slide it can be more than a little stressful. Many new investors often look to veteran investors and wonder how they are able to make it through the ups and downs of the real estate market year after year and…
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SHOW NOTES FOR EPISODE 161: 69 YR OLD SIT-UP WORLD RECORD HOLDER & WALL STREET CEO SHARES FORMULA FOR SUCCESS He is not a real estate investor but he is a fellow old dawg (69 years old) who has an incredible background in business and an approach to life that is inspiring to say the least. In this episode, Bill Morris a former Wall Street Executive, Author, Professor and World Record holder for…
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SHOW NOTES FOR EPISODE 162: REAL ESTATE INVESTING DO’S AND DONT’S One of the most lucrative investments today is real estate. Risky for those not well versed with its nuances or trends, it’s important to avoid costly mistakes to ensure a good return on your investment. In this episode, Bill presents some common dos and don’ts from successful real estate investors. Keep in mind, this is really geared to 50 plusers, and the specific issues…
There are all types of investments in this day and age. One of the most often touted for creating millionaires around the world, however, is real estate investing. Even in the field of real estate, there are several different investment styles. Each style involves varying degrees of risk on behalf of the investor. If careful consideration is taken, there is a type of real estate investment that is best for most people,…
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SHOW NOTES FOR EPISODE 161: FROM FREQUENT FLIPPERS TO MULTIFAMILY MOGULS Meet two young guys, Jacob Blackett and Sterling White, who found strength in mutually beneficial partnerships, and who started out flipping and leveraged into multifamily syndications. In this episode, Blackett and White share how their strong partnership and partnerships with others helped them create Holdfolio, a real estate investment company that has exceeded $25 million in real estate transactions and manages over 1,000 properties and…
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SHOW NOTES FOR EPISODE 160: TRUE CONFESSIONS OF A REAL ESTATE INVESTOR Real estate investors are generally an optimistic group of people. But are they always being transparent? Are they reluctant to share facts about real estate investing that are not so wonderful? In this revealing episode, Bill bares it all — the good, the bad and the ugly of real estate investing as he sees it. Introduction You’re probably wondering why in the…
I want to ask you two questions. One, do you have a Will? And two, do you have written goals for the next one, three, five and ten years? If you answered yes to the first question but no to the second, you are planning more for your death than you are while you are here. Think about it. I want to challenge you to start setting some goals but remember if…
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SHOW NOTES FOR EPISODE 159: DIRECT MAIL MARKETING WITH POSTCARDS Developing a steady flow of good prospective deals is key to any successful real estate investing enterprise. In this episode, Barry Coziahr, from PostcardMania, shares details of how real estate investors all over America are kickin’ it with postcard marketing that attracts solid sales leads that result in big revenue returns. What You Will Learn How you can grow a business by only doing postcard direct…
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SHOW NOTES FOR EPISODE 158: ASK BILL! MENTORS, VACATION RENTALS, AND NEWBIE MULTIFAMILY INVESTORS How do you find a mentor? Are vacation rentals a good investment? How do I start out investing in multifamily properties? In this episode of “Ask Bill,” Bill addresses each of these questions and shares how, when you utilize the right strategies, you can yield significant benefits and revenue for your real estate investing ventures. This is our monthly segment where Top Dawg Bill…
The holidays give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. Here are six reasons why it’s smart to buy in December: Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm…
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SHOW NOTES FOR EPISODE 157: LEASE OPTIONS AND CRACKED HOUSES She learned real estate investing through the school of hard knocks. From buying vacant lots at land auctions to acquiring multifamily apartments, Whitney Nicely believes in diving in head first and figuring it out later. In this funny and information-packed interview, you’ll learn how this spunky Tennessee girl has managed to build her bustling real estate business from scratch without much more than a strong…
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SHOW NOTES FOR EPISODE 156: THE RICHEST REAL ESTATE INVESTOR IN AMERICA We say this is “Fun Facts Friday” but lately, we haven’t had much “fun” stuff. So, we thought we would do something a little different and profile someone who has made a major impact through his creative efforts via real estate investing. In this episode, Bill profiles someone who is not necessarily well-known, even though he is the richest real estate investor in America. I…
With over four million listings in 191 countries, AirBNB has achieved unparalleled growth within its industry since its 2008 launch. While it’s had its share of controversy, AirBNB’s success is founded on the ability for essentially anyone to list an extra room on their website. If you’re considering renting out your apartment, residence, an extra room or other property on AirBNB, here are ten tips for running a successful AirBNB business. If you…
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SHOW NOTES FOR EPISODE 155: AUZZIE COUPLE BUYS 324 UNITS IN 6 YEARS AND ARE NOT SLOWING DOWN! Building a real estate portfolio can be a slow methodical process for most people – but not for the Dhillons. This couple from Australia has grown a dynamic cash flowing investment portfolio from scratch that has recently exploded exponentially! In this episode, Kevin and Daniella Dhillon share how they started out working and saving while living in their parents’ house…
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SHOW NOTES FOR EPISODE 154: WHAT IS A GOOD CASH-ON-CASH RETURN? A cash-on-cash rate of return is one of the more popular rates of return associated with rental property analysis. Ironically, though, it’s not a particularly powerful statistic. In this episode, Bill explores cash-on-cash returns and attempts to answer the question, “What is a good cash-on-cash return?” First off, I have to say: You should never rely on a single ratio or metric…
I didn’t understand the concept of a real estate team at first, so I had a hard time with real estate investment. I tended to be a “lone wolf,” trying to do too much myself. I have since learned that real estate is a team sport. To be successful, you need a team of solid, quality people you can trust and rely on. Here are some key team members, and what they need…
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SHOW NOTES FOR EPISODE 152: ARE YOU THE NEXT MAJOR REAL ESTATE INVESTMENT MARKET? As buy ‘n hold real estate investors, we are always looking for the next great market. Sometimes it’s a location, a city or MSA where there is great job growth, population increase or other factors that would create a demand for rental property. Sometimes it’s a group of people, a segment of the population, that has similar characteristics and may also…
Why hire a property manager (PM) for your rental? Because doing it all yourself is the surest way to make your real estate investment experience a bitter one. Also, with the right PM in place, you’ll have more time to find your next deal and grow your rental property portfolio while you PM takes care of the day-to-day management duties of your rental property. A PM can make or break your real estate investing business. A good PM…
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SHOW NOTES FOR EPISODE 151: STRATEGIC PASSIVE INVESTING Introduction There are many real estate investors who never purchase properties, speak to property managers, deal with tenants or even sign escrow papers. These investors are what are referred to as truly passive investors, whose primary investment is the capital they infuse into other (less passive) investors’ projects. In this episode, Dr. Buck Joffrey, a physician turned full-time investor, shares his insider secrets on how…
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SHOW NOTES FOR EPISODE 150: ASK BILL! HIGH NET WORTH INVESTORS-NO RETIREMENT MONEY-WYOMING LLCS AND ASSET PROTECTION Where do you find high net worth investors? What happens if you don’t have any funds when you retire? How do you use LLCs, especially a Wyoming LLC, to best protect your investment properties? In this episode of “Ask Bill,” Bill addresses each of these questions and shares how, when you utilize the right strategies, it can result in significant benefits and revenue for your…
Are you thinking of investing in real estate but you do not have enough cash to do so? Here is a tip you can use as long as the property seller is willing to negotiate with you. To be fair, not every seller will be interested (or even understand) the concept outlined. Your best bet is to find a property that the owner has great interest in selling, whether because of moving,…
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SHOW NOTES FOR EPISODE 149: HOW TO BE SET FOR LIFE Are you tied of a nine-to-five workweek? Do you work hard making someone else rich? Are you retired or approaching retirement and concerned that you won’t have the funds to make it? Why not build and follow a plan that allows you to live the life of your dreams? In today’s episode, Scott Trench, real estate investor and the author of Set for Life,…
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SHOW NOTES FOR EPISODE 148: WHAT’S A GOOD CAP RATE FOR INVESTMENT PROPERTIES? Capitalization (or cap) rates are the most commonly used metric by which real estate investments are measured. Which begs the question – what is a good cap rate for an investment property? As with any complex topic, the answer is that it depends. My simple answer is that a good cap rate is anything the gives you good positive cash flow. …
You own a rental property for years, and never see the “big pay-off.” Is it time to cash in on your investment, now that you’ve paid down the mortgage, and values are up? Maybe not. The Problem With Selling Selling means you’ll have to pay a large capital gains tax. This can be avoided if you reinvest through a 1031 exchange, but then the point is that you want your money, right? …
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SHOW NOTES FOR EPISODE 147: MOBILE FLIPPING, WHOLESALING AND LEASE OPTIONS Imagine traveling the world while money regularly flows into your bank accounts. This is not some wild fantasy. This is the life of Joe McCall, an engineer turned real estate investor, who has set up systems that allow him to remotely do wholesale and lease option deals from anywhere in the world. In this week’s episode, Joe McCall shares how he can travel…
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SHOW NOTES FOR EPISODE 146: TEN BEST TIPS TO BOOST POSITIVE CASH FLOW According to Rich Dad Robert Kiyosaki, cash flow is the single most important factor when buying long-term rental properties. In this episode, Bill presents 10 key tips to help you increase your current rental property cash flow now and for the future. Introduction I own a number of rental properties, ranging from single family to apartment building, and my goal…
Some uninformed folks would describe someone who rehabs distressed property as a “speculator” or even a “property speculator.” Don’t be fooled! There is a VAST CHASM of difference between rehabbing and property speculation. Let me explain. According to Dictionary.com, the definition of speculation where business is concerned is: “Engagement in risky business transactions on the _chance_ of quick or considerable profit.” “A commercial or financial transaction involving speculation.” While all investing……
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SHOW NOTES FOR EPISODE 145: 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 new book, Why the Rich Are Getting Richer and why we need to prepare for…
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SHOW NOTES FOR EPISODE 144: RENTAL PROPERTY MARKETING SECRETS AND THE POWER OF A PICTURE Once you have purchased your first rental property, the next step is finding and keeping great tenants! Finding great tenants is the key to nearly headache free rental property management. In this episode, Bill explores some unique and effective techniques to help attract and maintain the perfect tenants for your rental property. In this podcast, I will outline…
Becoming a successful real estate investor Becoming a successful real estate investor requires being able to find good real estate investment deals and put them together. Your job is not to become an closing attorney, a management expert, or a repair person. Use professionals! You must learn how to appraise and find the true value of real estate. This information will help you make better investment decisions. Realtors, appraisers, and banks determine…
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SHOW NOTES FOR EPISODE 143: FROM $600,000 IN DEBT TO REAL ESTATE MOGUL Linda and Jim McKissack, authors of the book HOLD: How to Find, Buy, and Rent Houses for Wealth, were reeling in success in the 1980s with their Texas restaurant/night club business — “living the dream” — until the economy took a major downturn. Then, with over $600,000 in debt, they had to reconfigure their lives and turn things around quickly. In this episode, Linda…
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SHOW NOTES FOR EPISODE 142: ASK BILL! $50K for $1K MONTHLY – 3 APARTMENT BOOKS – REI AND COLLEGE How would you invest $50,000 in real estate to generate $1,000 a month in cash flow? What are the first three books a person should read who is interested in investing in apartment buildings? Should I go to college if I want to be a real estate investor? In this Fun Fact Fridays episode of Ask Bill,…
Many people see investing in real estate as a way to generate cash flow, build-up a nest egg and have tenants pay your mortgage for you. That is true but, like with anything, there are pros and cons and some mistakes to avoid if you want to succeed as an investor in real estate. 1. Be Pre-Qualified Always visit a with a mortgage broker or with your bank to get pre-qualified before you start…
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SHOW NOTES FOR EPISODE 141: BECOMING A LIFEONAIRE WITH STEVE COOK Overview Will becoming a millionaire really set you free? Americans work harder than ever before to pursue freedom, based on the delusion that more money and success will lead to a better life. The typical American trades the vast majority of their time and energy for the hope that, someday, they will be free. Meanwhile, their intense pursuit of financial success is…
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SHOW NOTES FOR EPISODE 140: 10 REASONS WHY I STARTED INVESTING IN REAL ESTATE IN MY SIXTIES Are you approaching retirement concerned that you might not have the funds you need? Or, are you already retired and wondering if your retirement nest egg will meet your future needs and provide the lifestyle you desire? In this episode, top old dawg Bill Manassero shares the challenge he faced with those same questions and how he found a…
As wonderful and constant as commercial real estate is, there are some major pitfalls that can completely ruin the interest, investment and return on a property. Besides inaccurate assessments and risks that are beyond your comfort zone, the only real reason these pitfalls occur is because of the lack of due diligence that you perform. By not investigating deeply enough, not overturning every rock, and rushing into what seems like an awesome…
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SHOW NOTES FOR EPISODE 139: MULTIFAMILY PROPERTY BROTHERS CREATE LIFETIME CASHFLOW THROUGH PASSIVE INCOME What do you get when you put together an over-worked emergency room physician with an amusement park and resort company executive? Answer: All the right components to establish a booming real estate enterprise that has only begun to take the country by storm. In this podcast episode, Tom and Tim Black, two multifamily property brothers, share how they were…
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SHOW NOTES FOR EPISODE 138: HOW TO PURCHASE A RENTAL PROPERTY FOR ONLY 3.5% DOWN We have all heard the old adage “It takes money to make money.” And, for the most part, that’s true. But it doesn’t necessarily mean you need to spend “a lot of money” to get started in real estate investing. In this episode, Bill shares a little secret that can allow you to purchase your rental property for…
Is real estate investing only for the wealthy? Can you buy with no money down? Do you have to know the “right” people? Let’s answer by first looking at some of the common myths of real estate. investing 1. Real estate investing is only for the wealthy. Money helps, but one person’s first real estate investment was a $3,500 lot – which he sold for a profit two weeks after he bought it. Small…
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SHOW NOTES FOR EPISODE 137: BUILDING A VIRTUAL REAL ESTATE BUSINESS Can you grow a successful real estate business without even seeing the properties you buy? According to Brian Ellwood, yes, you can, IF you have the right team in place. In this podcast, Brian Ellwood, author of Fire Yourself, shares the secrets of how he went from part-time bird dogger to owner of a multi-million dollar virtual real estate enterprise. What You…
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SHOW NOTES FOR EPISODE 136: 5 REASONS REAL ESTATE IS THE BEST RETIREMENT CASH FLOW INVESTMENT People often associate the word ‘investing’ with terms like stocks, bonds, annuities, etc. Hardly, does the thought of owning a rental property ever come across their minds. However, when compared with other types of investments, investing in real estate, especially in your own income-producing rental properties, is a far better option in several ways. In this episode,…
Opting for cash out refinancing is one method that I would recommend to someone that is serious about building out their real estate investment and property portfolio. You are able to take out a new mortgage with a principal that is larger than your current mortgage and utilize those funds to purchase new investment properties. Many a person has been able to do this, get a lower interest rate and have the…
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SHOW NOTES FOR EPISODE 135: REAL ESTATE INVESTING OUTSIDE THE BOX For the last 40 plus years, Jay Henrichs has been a real estate broker, sold raw land, built developments, been a mortgage banker and hard money lender, sold timber, and survived multiple recessions. He became what he had to be based on the situation — even if it meant going outside the realm of conventional real estate investing. In this episode, Jay…
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SHOW NOTES FOR EPISODE 134: ASK BILL! SINGLE FAMILY VS. MULTIFAMILY AND LLCS AND LOANS Which are better investments, Single Family Homes or Multifamily Apartments? Also, if I take out a mortgage in the name of my new LLC, how will they determine credit history without any on the LLC? In today’s Ask Bill episode, Bill answers these listener questions. Question #1 – Your LLC and Mortgage Loans Hi Bill, Firstly, thank you…
It doesn’t really matter what kind of investing you are participating in, it’s almost always a wise idea to have multiple streams of income in order to maximize your profits while spreading your risks. Even within the confines of real estate investing, there are different types of investing that can help you spread your risks. When markets meet turbulent times, multiple streams of income can be a very good safety net for…
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SHOW NOTES FOR EPISODE 133: INVESTING IN SELF STORAGE FACILITIES Real estate investing has many different asset classes but there is one where rental income is generated with no tenants. In this episode, Hunter Thompson, podcaster and founder of Cash Flow Connections, examines the inflation-resistant benefits of self-storage facility investments. What You Will Learn Why self-storage is recession-resistant What other real estate investment is recession-resistant What makes self-storage one of the best real estate investment…
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SHOW NOTES FOR EPISODE 132: UPDATE ON INDY AIRBNB UNITS Buy ‘n hold investors are beginning to see the advantages of utilizing AirBNB to increase cash flow, supplement “traditional” buy ‘n hold properties and a means to capitalize on one of the biggest hospitality growth industries on the planet. In this episode, Bill shares how his thoughts on AirBNB and a brief recap of his trip to Indianapolis to begin test converting some…
There are many types of commercial properties available to those who work in the commercial real estate industry. Many people like to work in a specific area by working with only one or two types of commercial properties. They do this because they have expertise with that specific type of property. Commercial properties differ more than in just their appearance and use. How you purchase, sell, operate, manage, evaluate, and price each…
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SHOW NOTES FOR EPISODE 131: INVESTING POWER OF THE SELF-DIRECTED SOLO 401-K The tax benefits of the self-directed solo 401-K are ideal for real estate investors. In this episode, our guest, Dmitriy Fomichenko, discusses the multiple benefits of the self-directed solo 401-K and how you can qualify to open this valuable investing vehicle for your real estate investing activities. What You Will Learn The major differences between a self-directed IRA and a self-directed…
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SHOW NOTES FOR EPISODE 130: 9 STEPS TO BUYING YOUR FIRST RENTAL PROPERTY Buying a rental property is largely similar to buying a residential property. However, some important differences do exist. In this episode, Bill explains the main steps you need to follow once you have made the decision to buy an investment property. First, a Quick Update on my AirBNB Conversion in Indy Spent 5 days in Indiana (Aug 15-20) Primary reason: to set-up one…
The internal rate of return (IRR) is one of the more preferred rates of return used by real estate investors trying to measure a rental property’s financial performance. This is because it calculates the time value of the money. It is defined as a discount rate at which the net present value of a set of cash flows equals zero. Here’s the idea. IRR is the rate of return an investor can…
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SHOW NOTES FOR EPISODE 129: FINDING AND KEEPING GREAT TENANTS One of the greatest challenges to maintaining profitable rental properties is finding and keeping good tenants. In this episode, Steve White, founder and CEO of RentPrep, a leading nationwide screening and background check company, shares practical tips on how to strategically find great tenants who will renew their lease year-after-year. What You Will Learn What is the NUMBER ONE mistake landlords make that hurts finding and keeping…
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SHOW NOTES FOR EPISODE 128: WHERE CAN YOU BUY A HOUSE FOR $1,000? A few quick updates: I’m back in Indy this week, living at my apartment for 5 days Converting 2 units to AirBNB rentals We’re hoping to offset the transient cash flow inherent in studio or efficiency units with increase ROI in the AirBNB units Introduction Real estate investing is amazing because there are many possibilities. Not only are there multiple…
One of the most elusive and desirable real estate opportunities is the “off-market property”. This is a property where there is generally a motivated seller, but the property has not been broadcast on the MLS (Multiple Listing Service) or Loopnet.com and does not appear on any of the national or local real estate sites that “re-broadcast” the MLS and commercial properties. Savvy investors and specialty real estate companies covet a property where…
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SHOW NOTES FOR EPISODE 127: BUYING HUD HOMES AT HALF OFF Buying properties below market rates has a host of advantages, not withstanding, the creation of instant equity upon purchase. In this episode, veteran real estate investor and author Larry Goins shares “insider secrets” on how to purchase HUD homes, sometimes as low as 50% below market. Utilizing tried and tested techniques and systems developed over the last 30 plus years, Larry has created a successful real estate enterprise that…
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SHOW NOTES FOR EPISODE 126: TOP 15 FASTEST GROWING SUB-MARKETS Multifamily housing is growing more and more competitive. Finding and securing a deal in the right market at the right time is not easy. That’s why smart investors are seeking out great properties in secondary and tertiary markets. In this episode, Bill shares the top 15 U.S. sub-markets experiencing the highest population growth. I’ve always said, if you CAN invest in your local market, you should. It’s…
Being a successful real estate investor requires a steady and consistent flow of good deals, the ability to act fast and knowing how to leverage each deal for maximum profitability. This requires a certain set of skills that allow you to quickly locate, assess and move on the right deals at a moments notice. This article outlines five essential skills every successful real estate investor must possess and develop. Determining Value You must learn how to…
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SHOW NOTES FOR EPISODE 124: WHAT’S YOUR “ONE THING?” WITH JAY PAPASAN Achieving extraordinary things is just a matter of staying pinpoint focused on that “one thing” you are seeking to achieve! In today’s episode, Jay Papasan, successful entrepreneur, real estate investor and author of the book entitled The One Thing, shares how simplifying and focusing our efforts can quickly yield tremendous results. What You Will Learn What is your “One Thing” and…
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SHOW NOTES FOR EPISODE 124: ASK BILL! ANSWERS TO LISTENERS’ QUESTIONS The Old Dawg’s REI Network receives many questions from podcast listeners via email, through our website at olddawgsreinetwok.com, through other outside websites (like Quora, etc.), by phone and in person. In this episode, we are introducing a new monthly Fun Facts Friday feature called “Ask Bill” where Bill will answer, on-the-air, some of the top questions received during the month. Introduction Hey…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
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SHOW NOTES FOR EPISODE 123: INVESTING SMART IN DIVERSE MARKETS Jason Hartman is a self-made multi-millionaire and serial entrepreneur who hosts 20 podcasts, has started 21 companies, owned properties in 11 states and visited 79 countries. In this episode, Jason shares his “insider” real estate investing secrets and discusses how he has managed to invest both smart and conservatively in multiple diverse markets. What You Will Learn The importance of diversifying geographically The 3…
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SHOW NOTES FOR EPISODE 122: THE IMPORTANCE OF KNOWING YOUR WHY Embarking on the path to successful real estate investing is not always easy, but it’s even more difficult if you don’t know your why. In this episode, Bill looks back as his time in Haiti as an illustration of the importance of having and knowing your why before you get involved in real estate investing. Introduction Living in Haiti for 11 plus…
Where are the best real estate investment 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 Does the area have decent job growth? Ask local authorities and…
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SHOW NOTES FOR EPISODE 121: MICROSOFT STRATEGIST CREATES REAL ESTATE CASH FLOW MACHINE This smart old dawg has been ramping up for retirement since March of 2015 and already has more than 25 units. In this episode, Mackal Smith, a 20 plus year Microsoft employee and part-time real estate investor, shares how he is generating significant rental income for his future retirement while still working a full-time job. What you will Learn How you…
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SHOW NOTES FOR EPISODE 120: PROSTITUTES, PROPERTY MANAGERS AND AIRBNB When you dive head first into real estate investing you’ll see and experience things that you may never have expected. In this episode, Bill shares some of his personal “not so great” experiences that, although may be painful, are, nonetheless, an important part of every investors education. Introduction Greetings fellow old dogs! And, just a point of reference here… sometimes when I refer to you as…
Commercial real estate has many tools that can be used to maximize one’s return on investment (ROI). Among the many tools to choose from, leverage is one of the most effective ways to limit (or omit) the amount of personal money you put in a deal, and see the highest return possible. In order to understand leverage in commercial real estate, you must completely understand what it is, and the main factors…
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SHOW NOTES FOR EPISODE 119: REAL ESTATE INVESTING TO CHANGE THE WORLD Frank McKinney went from high-school drop-out to Ferrari-driving tennis instructor to house flipper to multimillion dollar custom home designer to philanthropist who now builds self-sustaining villages for the poor of Haiti. In this episode, Frank shares his amazing journey and the things he has learned along the way. What You Will learn How to go from high school drop-out to digging sand traps on…
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SHOW NOTES FOR EPISODE 118: 10 REAL ESTATE INVESTING RULES OF THUMB EVERY INVESTOR SHOULD KNOW When it comes to investing in commercial real estate, it’s not as complicated as some people make it out to be. There are some simple short-cuts and methods that help make some of the more complicated stuff of real estate investing a little easier. When, analyzing deals, for example, in the interest of time, there are certain…
While a good many millionaires will agree that their fortunes were made in real estate, the honest ones will also tell you that they’ve probably lost a few fortunes in real estate along the way. This can be a risky business and every property purchased doesn’t always pan out to become a successful investment. There are many risks involved in real estate investing and you would be going to battle unprepared if you…
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SHOW NOTES FOR EPISODE 117: FLIPPING CLASSIC CARS TO CREATE A REAL ESTATE EMPIRE When you start off in real estate investing, you either need to have the cash, a source to borrow the cash or another way to generate the cash. That’s why many people start out wholesaling or flipping houses. In this episode, you will meet someone who has a unique and quick way to generate cash — flipping cars! Abhi Golthar,…
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SHOW NOTES FOR EPISODE 116: TOP 10 US MULTIFAMILY METRO MARKETS In this episode, Bill presents at a recent study released by the National Multifamily Housing Council and the National Apartment Association. The study looks at projected housing demand for the 50 top MSAs in the U.S. Bill zeros in on the top 10 cities with the highest degree of multifamily opportunities. A Report called “U.S. Apartment Demand – A Forward Look,” conducted by the NHMC…
There are two legal ways to increase your wealth: 1) Keep more of what you have (e.g., tax strategies, rehab efficiencies, expense reductions, cost savings) 2) Add value to something (e.g., a real estate investment, stocks, bonds) Let’s focus on those hacks that will specifically add value to your real estate investments. The most obvious is certainly those things that will bring your property back up to standards. We have to do the obvious things…
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SHOW NOTES FOR EPISODE 115: OVERCOMING BARRIERS TO ENTRY IN APARTMENT INVESTING When Jeff Greenberg was first interviewed on the Old Dawg’s REI Network in May of 2016 (episode #003 – “Growing a Real Estate Empire While Working Full-Time”) he was working full-time and investing in real estate part-time. He built up his investment portfolio and recently quit his W2 job. He is now financially independent, living off of his REI business. In…
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SHOW NOTES FOR EPISODE 114: 17 BEST HABITS OF HIGHLY SUCCESSFUL REAL ESTATE INVESTORS There are certain attributes and habits successful real estate investors share that are an integral part of their success. In this episode, Bill shares 17 of those best habits and discusses how you can incorporate these habits into your every day real estate investing activities for success now and in the future. Bill is also offering a free Infographix with…
Purchasing an apartment complex as an investment is a fantastic way to watch an asset single handedly generate thousands, even hundreds of thousands of dollars in a very short amount of time! A popular investment strategy, especially for new investors, is to purchase a more run down, mismanaged apartment complex at high cap rates. The cap rate, or capitalization rate, is found by dividing the Net Operating Income by the Purchase Price….
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SHOW NOTES FOR EPISODE 113: REAL ESTATE INVESTING IN TENNESSEE Dave Childers bought his first multifamily property at age 25. Since then, he has flipped properties, done condo conversions, expanded his multifamily personal holdings and created a successful real estate brokerage firm specializing in finding small to medium sized multifamily properties for investors. In this episode, Dave shares his expertise in the Tennessee area as well as his unique approach to multifamily investing and landlording….
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SHOW NOTES FOR EPISODE 112: 1000 by 2020 UPDATE – ON THE HUNT FOR 100 PLUS UNITS In this episode, Bill provides an update on his current properties and his search for 100 plus units before the end 2017. In addition, Bill shares his frustration with single family home rentals and why he has such a passion for multifamily properties. Announcements FB Group Monthly Investor Newsletter Basic Update It’s been a while since I…
Your debt-to-income ratio (DTI) is a simple way of calculating how much of your monthly income goes toward debt payments. Lenders use the DTI to determine how much money they can safely loan you toward a home purchase or mortgage refinancing. Everyone knows that their credit score is an important factor in qualifying for a loan. But in reality, the DTI is every bit as important as the credit score. Lenders usually…
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SHOW NOTES FOR EPISODE 111 – REAL ESTATE INVESTING HELPS TURN TRAGEDY TO TRIUMPH When concert violinist Ben Leybovich was told he had MS his life plans came to a screeching halt. With his future in question, he took to real estate investing as a means to not only generate income for now but to provide for his family in the future. In this episode, hear how Ben’s decision proved to be a…
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SHOW NOTES FOR EPISODE 110 – TOP FIVE 2017 BUY & SELL MARKETS FOR MULTIFAMILY REAL ESTATE A report released my 10-X, the nation’s leading online real estate marketplace, spotlights the top five 2017 “Buy” and “Sell” markets for multifamily real estate assets. In this episode, Bill shares the results of the report, highlighting the best cities to buy and the best cities to sell apartments in the U.S. Ten-X’s U.S. Apartment Market Outlook includes the top…
One of the most crucial elements of real estate negotiation is time. Understand and master the use of time, and you can buy a property for thousands less. Here is one of the most important aspects of time: In Real Estate, Time is Money Time is of the essence. It even says as much on most real estate contracts. What does this mean? It means that whoever controls or understands the “elements of…
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SHOW NOTES FOR EPISODE 109 – CREATIVE STRATEGIES TO INCREASE YOUR PROPERTY NET INCOME Al Williamson has been an active real estate investor since 2002. He has house hacked, purchased multifamily properties and invested heavily in the inner-city with the goal of positively transforming communities, one neighborhood at a time. In this episode, Al shares his unique approach to significantly increasing rental income yield, while marketing to key peer group niches. What You…
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SHOW NOTES FOR EPISODE 108 – HOW TO FIND MOTIVATED SELLERS Buying properties below-market is the goal of every real estate investor. However, finding those properties is not always easy and usually requires a very motivated seller. In this episode, Bill discusses motivated sellers – what makes them motivated, where to find them and the best way to approach them. Generally, when you are looking for properties, your goal is to find properties that are…
There are real estate investing “tricks” and techniques that you may know, or want to know. There are new ways of doing things that are worth learning. Knowing about the latest types of financing is another way can also help. But, before all of these, however, you need to learn some basic principles. Here are six that every investor needs to know. Build Relationships Real estate investing is about relationships. People…
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SHOW NOTES FOR EPISODE 107 – MY FIRST REAL ESTATE INVESTMENT WAS AN OFFICE BUILDING Most real estate investors start with a single family home – not Brian Murray! His first real estate investment was a 50,000 square foot office building! In this episode, author and former teacher Brian Murray explains how he sought extra income to supplement his teaching salary and how commercial real estate investing became his solution and future career. What You…
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SHOW NOTES FOR EPISODE 106 – HOW TO USE DIRECT MAIL TO FIND GREAT APARTMENT DEALS One of your goals in finding great properties is to purchase an “off-market” deal significantly below market price. And although most people say brokers are the best source for off-market deals, EVERYONE is pursuing brokers for the same purpose. In this episode, Bill explains how direct mail can also be a powerful strategy for finding great off-market deals. Introduction Your goal in finding a…
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….
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SHOW NOTES FOR EPISODE 105 -MASTERING SELLING SKILLS FOR REAL ESTATE INVESTING SUCCESS If you’re in real estate, you’re in sales! Whether you’re buying or selling a property, raising money or just presenting yourself, you’re always selling. In this episode, veteran real estate sales guru Tom Hopkins shares simple tips and techniques that directly translate into business success. What You Will Learn How wearing a silver Lamé suit can get you the attention you need…
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SHOW NOTES FOR EPISODE 104 – 5 REASONS WHY REAL ESTATE IS THE BEST RETIREMENT CASH FLOW INVESTMENT Part of a perfect retirement means not having to worry about money. If you have ample income and assets to carry you through in style, it can make all the difference. In this episode, Bill Manassero makes a case for real estate investing as the means to help make your retirement dreams possible. People often associate the word…
Investing in real estate can be profitable if you know the correct ways to do business in this field. As real estate investment experts say there are several keys to making significant profits in real estate investment deals. And when the deals are profitable, you will certainly be well on your way to success. For real estate investment neophytes, don’t be afraid of the challenges and pitfalls you may encounter along the…
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SHOW NOTES FOR EPISODE 103 – BUYING AND SELLING NOTES AND DEEDS Susan Lassiter-Lyons has dedicated her life to helping people gain control over their finances by teaching familiar and little-known investing strategies to create multiple streams of income. In this episode, Susan shares how investing in notes or deeds of trust is in an excellent method to generate significant and consistent streams of cash flow. What You Will Learn What is a…
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SHOW NOTES FOR EPISODE 102 – HOW TO SET UP YOUR REAL ESTATE BUSINESS FOR SUCCESS There is a big difference between being a casual real estate investor and a person who is seeking to grow an investment portfolio. In this episode, Bill examines a few of the distinctions and outlines what basic foundations you need to implement to build a solid real estate business foundation. What is a real estate investor? Definition…
Real estate investing is always good and sometimes it’s red hot. When it’s hot, dozens of real estate seminars begin rolling across the country and thousands of people spend thousands of dollars for investing education. It’s startling to learn that of all those thousands of eager folks who attend these seminars only about 5% buy even one investment house. Why? The real estate gurus sell the “sizzle” and make profiting from real…
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SHOW NOTES FOR EPISODE 101 – FROM CONVERTED DUPLEX TO WORKING WITH ROBERT KIYOSAKI & DONALD TRUMP TO MULTIFAMILY MOGUL Peter Harris was a single dad, trying to make ends meet and provide a good future for his son. In this episode, Peter shares how he discovered real estate investing, managed to acquire over 1,000 units, achieve his dreams and how he is now able to educate and help others to do the…
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SHOW NOTES FOR EPISODE 100 -THE 2017 GOLDEN HOWL AWARDS Regular listeners to the Old Dawg’s REI Network Podcast know that each of our guests, since the beginning of our podcast, has had to close out their interview by giving their best old hound dog howl. Well, on our 100th podcast’s episode, we decided to host the 2017 Golden Howl Awards to give out the award for the very best howl of 2017….
If you really want the best deals in investment properties, you have to increase your odds by digging deep and finding more deals. Who is more likely to get a cheap apartment building deal, an investor that looks through loopnet.com and calls it a day, or the person who has a multi-pronged approach that can generate leads ten different ways? Here are the ten ways you may not have considered: 1. Talk…
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SHOW NOTES FOR EPISODE 099 -FUNDING YOUR REAL ESTATE INVESTMENTS WITH BUSINESS CREDIT If there are two key constants in real estate investing success it is the fact that you always need access to cash and secondly, need to maintain a good credit history. In this episode, our guest Ty Crandall will discuss how establishing business credit early can not only protect your personal credit rating but can also give you access to massive…
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SHOW NOTES FOR EPISODE 098 – 16 PLACES IN THE U.S. WHERE YOU CAN GET FREE LAND If you are the adventurous type who wouldn’t have a problem pulling up stakes and moving to a town you have probably never visited (nor heard of) in your life, then this episode is for you. In this episode, Bill shares actual cities in the U.S. that still have homesteading (not officially) but it is free land…
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….
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SHOW NOTES FOR EPISODE 097 – PASSIVE INVESTING THROUGH CROWDFUNDING Introduction We often talk about being passive real estate investors but did you know there are different levels of passive investor. For example, I, as an owner of multifamily properties in other states, delegate but manage my properties or assets through property managers in the various states I have assets. I call myself a passive investor. But there are investors who are even…
SHOW NOTES FOR EPISODE 096 – TOP 10 REASONS REAL ESTATE IS THE BEST INVESTMENT EVER Your choice of investments in today’s economy are almost too numerous to list; bank CDs, savings bonds, stocks and bonds, mutual funds, precious metals, and the list goes on and on. In this episode, Bill examines the top reasons why real estate stands alone as a superior investment compared to all other investment options out there. Before…
Be careful when buying rental property. I stayed at a motel for a week one winter. The bill showed twice what it should have, but since I already paid the correct amount in cash, I thought nothing of it. When I noticed that the lobby and swimming pool were unheated, we thought it was frugality. Only a year later, when I read a news story about a new owner struggling to make the motel…
SHOW NOTES FOR EPISODE 095 – HOW TO FIND HOT EMERGING MARKETS FOR THE BEST DEALS Vinney Chopra, who controls over $156 million in multifamily properties , has, over the last 10 years, found amazing deals in new hot markets where properties significantly increase in value in just a few short years. In this episode, Vinney will share his “insider” secrets on how he finds these hot markets where he consistently generates phenomenal returns. What…
SHOW NOTES FOR EPISODE 094 – HOW TO ATTRACT INVESTORS THAT NEVER GO AWAY! When you start buying larger multifamily properties, your deals will take on a whole new dimension. You will likely be dealing with investors and, if you are syndicating, you’ll also have to deal with SEC regulations and attorneys. In this episode, Bill discusses how to attract investors, maintaining good communications and how to keep investors for the long term. A Difficult Lesson…
One of the most troublesome aspects of being a landlord is tenants who damage your property, from a few broken items to blatant disregard to total destruction, and even worse. There are plenty of horror stories around about what tenants can do to a rental property. Sometimes a security deposit cover it. Other times you have to take the tenant to court. In either case, it either eats up valuable turn-around time…
SHOW NOTES FOR EPISODE 093 – WORKING WITH BROKERS AND FINDING THE BEST OFF-MARKET DEALS Michael Becker has a track record unlike few others. In less than 4 years, Mike has acquired over 4,000 units. That’s right! 4,000 units in less than 4 years! In this very special podcast, Mike will be sharing some of his insider secrets on how he got there so fast. In his interview he will be discussing tips for…
SHOW NOTES FOR EPISODE 092 – LAST MINUTE REAL ESTATE INVESTOR TAX CHECKLIST April 18th is quickly approaching! If you are a real estate investor, this is a good day for you because you can enjoy the many great tax deductions available to you as an investor. In this episode, Bill goes over a quick checklist of the top real estate investor deductions so you can make sure you included all that apply…
Making money in real estate is an endless topic that includes all the various types of real estate investments. There is land, apartment buildings, homes, commercial buildings, REITS, deeds, liens and much more. Whatever the type however, you’ll make your profits in some of the basic ways listed below. Use this list to get yourself thinking of the possibilities. 1. Appreciation Making money in real estate can be as simple as holding…
SHOW NOTES FOR EPISODE 091 – REAL ESTATE SYNDICATION FOR DUMMIES Samuel K. Freshman literally wrote the book on modern real estate syndication. He has been practicing law, syndicating and investing in real estate for over 60 years. In this episode, Mr. Freshman shares his wisdom and successful insight on a host of topics ranging from syndicating basics to finding investors to buying smart. He presents the complexities of syndication in a way that…
SHOW NOTES FOR EPISODE 090 – IF I HAD $100,000 TO INVEST IN REAL ESTATE… In this episode, Bill answers the question, “If I had $100,000 to invest in real estate, how would I do it?” Now, granted, there are many many ways to invest in real estate. However, Bill tackles the question from a rental property cash flow point of view and you may be surprised with the results. Overview People often ask me…
Are you going to be able to retire? And if you do, will you be in a position to enjoy your life, pay medical bills and maintain an acceptable level of health? Those can be chilling questions if you haven’t thought about them much. If you haven’t given them adequate thought, that means you haven’t prepared for certain inevitabilities. Real estate investment can help you answer those questions and remove that chill…
SHOW NOTES FOR EPISODE 089 – HOW TO GET QUALITY “BOOTS ON THE GROUND” IN YOUR INVESTING MARKET In this episode, Reed Goossens, a US-based Australian investor, shares how he grew his real estate investment business from one duplex to over 600 units. As an out-of-state investor, he attributes much of his success to building strong teams in each property location. He shares a few of his valuable tips on how to…
SHOW NOTES FOR EPISODE 088 – TOP 10 US POPULATION GROWTH CITIES Buying properties in an emerging market is an excellent way to not only insure good cash flow and regularly increasing rents but it is also a great way to see significant equity growth in a relatively short period of time. In this episode, Bill looks at a 2016 study done by Penske Truck Rental that details where most of their…
Selling income property isn’t like selling a house. You can paint a house, and get a little more because it looks nice. Rental property is different because it’s bought by investors, who look at income more than new paint. Raise income, and you increase value. Let’s assume investors in your area expect a capitalization rate of .08. That means that they want a net return (before loan payments and taxes) of 8%…
SHOW NOTES FOR EPISODE 087 – CREATING WEALTH WITH SINGLE FAMILY HOMES Mark Ferguson is committed to helping as many people as he can become financially free through real estate. He has set a personal goal to acquire 100 houses by 2023. In this episode, Mark discusses the challenges he faces in making his goal and how others can create their own wealth for a prosperous retirement through single family home rentals….
SHOW NOTES FOR EPISODE 086–BE READY! If you are serious about real estate investing, you need to always be ready to act quickly. Bill shares a personal experience where he was presented with a great deal but, because he was not ready, lost an excellent opportunity. In this episode, he discusses the top areas where we always need to be ready for that perfect deal. Running Multiple Marathons In order to be successful…
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…
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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…
SHOW NOTES FOR EPISODE 079 – BUY & HOLD INVESTING AND AVOIDING SHINY OBJECTS As a new couple, Brie Schmidt and her husband were looking for a creative way to buy their first house in high-priced Chicago. Buying a triplex, living in one unit and renting out the other two seemed like a good solution. Little did they know it would evolve into a full-fledged real estate investing business with over 30…
SHOW NOTES FOR EPISODE 078 – HOW TO BUY APARTMENTS THAT AREN’T FOR SALE Finding good apartment deals is getting increasingly difficult as more people are scanning the horizon for those “diamonds in the rough.” In this episode, Bill Manassero presents a helpful tip for investors on how to find apartments that no one else knows about. Introduction The good news is: this is a great time to buy apartment buildings. The bad news is: everyone knows…
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 077 – FUNDING YOUR FIRST BIG REAL ESTATE DEAL When you acquire a larger property that is priced beyond your cash-on-hand, you need to find the money to cover the down payment, closing costs, and repairs/rehab expenses. You also need to have someone sign on the loan with a net worth more than the property. Where do you go to find that kind of money and a person…
SHOW NOTES FOR EPISODE 076 – 1000X2020 GOAL UPDATE In this episode, Bill shares an update on his personal goal to acquire 1,000 units by the year 2020. He also outlines his real estate activities in the last few months and lessons learned. For those of you who have listened for a while, you know my goal has been and continues to be “to purchase/acquire 1000 units (or doors) by the end…
The real estate purchase agreement is more than just a casual offer. The moment you and the seller sign it, it is a legally binding contract. Since you can put what you want in your offer, why not include some of the clauses that smart buyers use to protect themselves and save money? Some suggestions follow. Seven Critical Purchase Agreement Clauses 1. A better earnest money clause. You can put a small…
SHOW NOTES FOR EPISODE 075 – FINDING A SPONSOR FOR YOUR DEALS WITH JOE FAIRLESS As you grow your real estate portfolio and get into bigger and bigger deals, finding a sponsor may be a necessary requirement to get funded, especially if you don’t have the required net worth and liquidity to meet lender qualifications. In this episode, Joe Fairless, the host of The Best Real Estate Investing Advice Ever podcast, discusses…
SHOW NOTES FOR EPISODE 074 – HIRING THE RIGHT PROPERTY MANAGER FOR YOUR RENTAL PROPERTY Landlording is much easier when you have a good property manager, and we’ve provided you with all the things you’ll need to ask managers to make sure they are right for you. In this episode, Bill outlines 12 key areas to use in evaluating a potential property manager for your rental property. I’m often asked what to…
Why offer seller financing? Let me give you an example. Many years ago a gentleman bought a rental property, and then realized he didn’t want to be a landlord. So nine months later he sold it for 15% more than he paid, without fixing or improving a thing. The easy terms are what sold it. He took $1000 down, and years later, still gets a payment every month, with 9% interest. Why…
SHOW NOTES FOR EPISODE 073 – IMPACT INVESTING WITH JEFF KISSEE Making and keeping happy tenants pays off! Not just in increased profits but in broader sense of impacting individual lives and entire communities. In this episode, Jeff Kissee, the co-owner of Capital 8 Group LLC, talks about “Impact Investing” and how this powerful tenant-driven model has transformed his business, the tenants in his apartment communities and the communities were his assets…
SHOW NOTES FOR EPISODE 072 – BUYING PROPERTIES ON EBAY Finding good below-market properties is not easy. Sometimes you need to see 100 properties before you find one that meets your criteria. In this episode, Bill looks at eBay as a possible resource for prospective properties and shares his personal experience in the eBay real estate marketplace. Why in the world would I even have this as a topic? And even if…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
SHOW NOTES FOR EPISODE 071 – PART-TIME REAL ESTATE INVESTING In this episode, Dr. Buck Joffrey, a full-time physician, talks about how you can generate significant returns by investing in real estate while working full-time. Dr. Joffrey has built over $20 million in real estate and other business and investment assets while working a full-time job. What You Will Learn How it’s possible to successfully invest in real estate while working full-time Why…
SHOW NOTES FOR EPISODE #070 – 12 WAYS TO INCREASE YOUR RENTAL PROPERTY CASH FLOW How do you get more income from your rental properties? Raising the rent seems like the most obvious way to increase cash flow, but in this week’s Fun Fact Friday episode, we came up with 12 more ways to increase your monthly cash flow. What if you want better cash flow from your rental properties? Yes, you can…
Locating financing for every commercial project is not always an easy feat. Many items can affect the acceptance of a loan, how much is loaned, and under what specific terms the loan is given. As a commercial real estate insider, it is important to always be completely prepared when approaching a lender, whether it is a commercial bank, savings and loan company, or a private investor. The key to success in commercial…
SHOW NOTES FOR EPISODE 069 – FINDING A GOOD MENTOR One of the top 4 things you need to do if you want to in in real estate investing is to get a mentor. In this episode, we talk with Paul Moore, co-founder of Wellings Capital, entrepreneur and commercial real estate investor and developer, who has been both mentor and mentee. He shares practical advice on the importance of having a mentor how…
SHOW NOTES FOR EPISODE #068 – 7 TIPS FOR SUCCESSFUL OUT-OF-STATE INVESTING In last week’s episode, we discussed the pros and cons of buying out-of-state. This week, we present the strategies for being a successful out-of-state investor. In the 7 tips presented in this podcast, you’ll learn what not to do and what you must do to be a successful out-of-state investor. Introduction In last week’s Fun Facts Friday episode #066, we discussed…
I am often approached by people in residential real estate, by people in different professions such as medicine and law, and others who are not too informed on commercial real estate and what it is really about. When they discover that I invest in commercial real estate, they always ask me, “Why?” Of course they acknowledge the most obvious reason, the amount of money that can be made. However, I am quick…
SHOW NOTES FOR EPISODE 067 – HOW TO GET BANKERS TO LOVE In this episode, Old Dawg host Bill Manassero interviews Old Capital directors Michael Becker and Paul Peebles — also co-hosts of the Old Capital Podcast. You will learn the inside scoop on how to get multifamily loans, as well as special tips on impressing multifamily lenders from the start. What You Will Learn How commercial lending differs from single family lending…
SHOW NOTES FOR EPISODE 066 – THE PROS AND CONS OF OUT-OF-STATE INVESTING Investing out-of-state can is an important decision for real estate investors. Although there can be significant advantages, there are definitely negatives as well. Before making that decision, carefully consider the benefits and drawbacks first to make sure it is for you. In this episode, Bill, who only invests out-of-state, shares some of his top out-of-state investing pros and cons. As those of you who listen regularly know,…
Where should you invest in real estate? If you know an area well, and have enough experience investing in real estate, you can make money almost anywhere. However, there are always places that are better or worse for real estate investments – places that have a better demand/supply ratio. Use the questions below to find them. Demand Questions Is the population growing fast? Check the US Census figures online, or ask the…
SHOW NOTES FOR EPISODE 065 – FLIPPIN’ IN SO CAL Some say Southern California prices are too high and there’s little margin for fix ‘n flip profits, but for 20-year fix ‘n flipper veteran Joe Homs, business is great! In this episode, we discover the secrets of successful flipping in an economy with compressed CAP rates, sky high home prices and limited inventory. What You Will Learn How he has created a…
SHOW NOTES FOR EPISODE 064 – MY 5 BIGGEST REAL ESTATE INVESTING MISTAKES… SO FAR Every real estate investor makes mistakes. In fact, it’s an important part of the learning process. What’s important is what we learn from and do with these mistakes and how they help make us better investors. In this episode, Bill shares his personal top 5 real estate investing mistakes to-date. Introduction Every investor makes mistakes Don’t be…
Real estate investing can be a profitable and worthwhile financial venture to build cash flow, obtain a great return-on-investment and to build a legacy for your children and your children’s children. However, be wise and understand that you can achieve significant success sooner by avoiding common investor pitfalls. Mistake # 1 – Spending thousands of dollars buying books, tapes and attending seminars and then putting all of that information on a bookshelf and never looking at…
SHOW NOTES FOR EPISODE 063 – HOW A MOTIVATED FORMER GI GENERATES OVER $200K MONTHLY Do you have what it takes to generate significant cash flow from your real estate investments. In this episode, John Lee Dumas, founder and host of Entrepreneur on Fire podcast, shares his journey from Army Armor Platoon Leader in Iraq to law school drop-out to corporate financier, real estate broker to podcast host generating over $200,000 a month –…
SHOW NOTES FOR EPISODE 062 – THANK YOU AND BE ENCOURAGED! In this episode, Bill thanks Old Dawg listeners for a great year and presents a passionate appeal, encouraging listeners to develop their strategic plan as vehicle to successfully launch and/or grow their real estate investing efforts. Hello fellow Old Dawg’s! I trust you had a blessed Christmas, Hannakah or other holiday week time off! It’s great to enjoy this special season with family! As…
If you’re thinking about investing in real estate to make money, you need to first determine your financial goals. Do you need to make money quickly, invest for your children’s college fund, or build wealth for your retirement? Once you determine your financial goals, you need to decide which type of investing strategy works for you. Make Money in Real Estate – Fast Cash Strategy If you’re low on cash, get started…
SHOW NOTES FOR EPISODE 061 – W2 EMPLOYEE KICKIN’ IT WITH REAL ESTATE INVESTING Have you ever wondered how you can invest in real estate and maintain a full-time job? In this episode, you will hear first-hand how Lane Kawaoka manages to work a full-time job, locate, acquire and manage multiple investment properties and host a weekly podcast. What You Will Learn How you can build an investment portfolio while working a…
SHOW NOTES FOR EPISODE 060 – YOUR 2017 STRATEGIC PLAN In our last Fun Facts Friday episode we talked about looking back at the past year. Documenting and recording everything you did relative to your real estate investing. In this episode, we outline exactly what elements are needed for your 2017 strategic plan how what comprises each element. The importance of getting the plan done before the new year is pivotal to your success. Tracking…
Some of the most successful stock investors ever have based their investing principals on value investing. Investors such as Benjamin Graham, Irving Kahn, and Warren Buffet, have used value investing to build vast empires of wealth. Value investing was conceived by Benjamin Graham, and David Dodd, in their classic book, “Security Analysis,” written in 1934. Although they were talking about stocks, there is still a lot to be learnt from value investing…
SHOW NOTES FOR #059 – MULTIPLE STREAMS OF INCOME WITH THE CASHFLOW NINJA In this episode, M.C. Laubscher (otherwise known as the Cashflow Ninja) shares his personal journey from world traveler and rugby athlete to real estate investor and cashflow master. He shares the challenges and education that propelled him to his current mission to help others better understand how they can generate and manage cashflow for retirement through multiple streams of income. What You Will Learn…
SHOW NOTES FOR #058 – Year-End Planning Introduction As we approach year-end, I am very excited about completing my 2017 Strategic Plan. If you are just starting out in real estate investing, this could also be a great time for you to start putting your first strategic plan together. Or, if you are already investing, to review where you are and look ahead to what you need to do to reach your investing goals. …
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 #057 – SPECIAL OPS LEASE OPS Even though the emphasis of this podcast is generally on buy ‘n hold real estate investing, there are many different types of real investing. In this episode, Joint Ops Properties, LLC founders James Vreeland and Bob Scott discuss their lucrative real estate investing business that buys distressed single family homes and sells them to tenant buyers with lease-to-own option agreements. What You Will Learn…
SHOW NOTES FOR #056 – 7 STRATEGIES FOR BUILDING WEALTH AFTER 50 Getting ready to retire? Or, maybe you’re already retired, but you’re not sure your combined savings, Social Security, and pension (if you’re lucky enough to have one) will be enough for a comfortable living? You’re not the only one. According to the recently released annual Retirement Confidence Survey by the Employee Benefit Research Institute, only 21 percent of American workers feel “very…
Whether you are BRAND NEW to real estate investing or an expert in the game, it’s critical that you understand these 7 Simple Steps to real estate investing. First things first… Real Estate is NOT a get rich quick scheme. However, if you learn the foundations and put them into practice, you will make more than enough money to realize any and all of your dreams and goals. The real estate bubble…
SHOW NOTES FOR EPISODE 055 – WHY APARTMENTS ARE THE PERFECT INVESTMENT WITH PAUL MOORE In this episode, Paul Moore, serial entrepreneur, avid investor and the author of The Perfect Investment – Create Enduring Wealth from the Historic Shift to Multifamily Housing, shares his story of how after many types of business ventures he found multifamily real estate investing to be his top choice to produce significant cash flow and a legacy for…
SHOW NOTES FOR EPISODE 054 – GIVING BACK As we approach the holiday season, we are reminded of how important and significant giving to others is to the people in our lives and even more so for ourselves.. In this episode, Bill discusses how, as we are blessed in our real estate efforts, how we should, in-turn, share our blessings with others and not just with money and gifts. Introduction I want to…
The holidays give you the perfect occasion to buy real estate. Not only can you pick up a bargain property from a motivated seller, you can save on your purchase expenses. Home shoppers put off looking for a home because of holiday decorating, shopping, and parties. Plus, the cold weather makes home buyers prefer to stay home; they wait for warm weather to buy real estate. Get the edge with little competition…
SHOW NOTES FOR EPISODE 053 – WHY REAL ESTATE INVESTORS USE LLCs WITH CLINT COONS In this episode, asset protection attorney Clint Coons discusses the importance of using LLCs to protect your investments and yourself. Clint shares little-know secrets and tips for guarding against law suits and greedy attorneys. Clint is both an investor and the founder of Anderson Business Advisors, a Nevada-based law firm specializing in asset protection for real estate investors….
SHOW NOTES FOR EPISODE 052 – WHAT IS THE PROPERTY WORTH? Introduction In this episode, Bill discusses how to assess a property’s value. He takes a unique approach by actually sharing the three main valuation methodologies as they are included on an actual property appraisal he has received. You don’t want to miss this podcast because this is one of the most critical aspects of real estate investing directly impacting your success as an investor. In…
SHOW NOTES FOR EPISODE 051 – RETIRE RICH WITH RENTALS WITH KATHY FETTKE From near tragedy to real estate mogul, Kathy Fettke, real estate investor and author of Retire Rich With Rentals, shares her story of how real estate investing helped her overcome tough times to create passive income and wealth for generations to come. In this episode, Kathy Fettke shares how she survived a serious health scare with her husband, the crash of 2007…
SHOW NOTES FOR EPISODE 050 – SHOW ME THE MONEY! Now that his 22-unit is beginning to stabilize, Bill is looking ahead at a possible 8-unit purchase before the year-end and the more ominous 100 plus units in 2017. In this episode, Bill candidly examines funding challenges as he continues to pursue 1000 x 2020. There are various options to consider (seller financing, JV, sponsorship, syndication) but he knows sellers will be…
SHOW NOTES FOR EPISODE 049 – THE ABCs OF MULTIFAMILY SYNDICATION WITH KIM LISA TAYLOR If you have an interest in purchasing multifamily properties, you most likely will need to consider syndication as a means to finance larger multifamily properties. But what is syndication? Why would I need to do it? What is required? These and many more questions will be addressed in our interview with one of the leading syndication attorneys in…
SHOW NOTES FOR EPISODE 048 – STEALTH TENANT MARKETING UPDATE – BACK IN CALIFORNIA! This is Bill’s final update installment of his Indianapolis “Stealth Tenant Marketing” campaign — returning to Southern California after 30 days in Indianapolis, living in one of his apartment units. In this episode, he shares the results and highlights of his aggressive tenant marketing effort. Also, Bill includes a special summary song for your enjoyment. Introduction Well, at long-last, I’m…
SHOW NOTES FOR EPISODE 047 – FROM PITFALLS TO PROFITS WITH MIKE FLAHERTY In this episode, Mike Flaherty, the founder and president of L5 Investments, started investing early in life but nearly lost everything in the 2007-2008 crash. He took what he learned from that difficult time and has leveraged that knowledge to success today and a strategic approach for the future, amassing a portfolio of more than 2,000 units throughout the US….
SHOW NOTES FOR EPISODE 046 – WHAT IS A VALUE ADD PLAY? In this Fun Facts Friday episode, Bill defines what a “value add play” is and how multifamily real estate investors can implement this strategy for maximum leverage and profit. If you are a real estate investor, you can just find some nice properties that cash flow well, buy a bunch of them and just collect the rents each month. If…
SHOW NOTES FOR EPISODE 045 WITH KEVIN BUPP – ROLLIN’ IN CASH FLOW WITH MOBILE HOME PARKS As you know, the focus of this show is on how real estate investing can generate significant cash flow for your future retirement and today. And although we focus a lot on multifamily and apartment investing, there are a number of different ways to invest in real estate – fix ‘n flipping, buy and hold,…
SHOW NOTES FOR EPISODE 044 – VIEW FROM THE TRENCHES – STEALTH TENANT MARKETING UPDATE FROM INDY Being an out-of-state investor has advantages and disadvantages. Bill Manassero feels that there are definitely more advantages than disadvantages, but this month, he is dealing directly with some of the disadvantages of living away from your properties – what to do when your property needs serious attention. His response: move out there and take care…
SHOW NOTES FOR EPISODE 043 WITH ROD KHLEIF – SINGLE FAMILY VS. MULTIFAMILY RESIDENTIAL INVESTING Although he has owned more than 2,000 single family homes, Rod Khleif shares why he feels multifamily properties are the better real estate investment. In this episode, Rod shares his story of how he quickly grew a real estate empire only to have it nearly collapse in 2007-2008 and how he not only survived but thrived. What…
SHOW NOTES FOR EPISODE 042 – ANALYZING RENTAL PROPERTIES – PART 3 In this episode, Bill completes the three-part series on analyzing rental properties. In part three, we plug the data you’ve collected on a property into the equations to generate the ratios that determine if an investment is a good or bad investment. We also include a link to a spreadsheet that shows what a final a Financial Analysis Summary looks like. Now, in Part 2, I…
SHOW NOTES FOR EPISODE 041 WITH GENE GUARINO – INVESTING IN ASSISTED LIVING FACILITIES According to the US Census bureau, 77 million people will be turning 65 over the next 19 years. This means that EVERY DAY 10,000 people turn 65 years of age. 4,000 people a day will be turning 85. Many of these people will need assisted living and this could be an area where you can serve a big…
SHOW NOTES FOR EPISODE 040 – ANALYZING RENTAL PROPERTIES – PART 2 In this episode, Bill goes more into depth on property analysis as he elaborates on the “investigative stage” of the rental property analysis process. To get good numbers you need to become a detective or “CSI guy” to dig deeper. The better the data, the more accurate the final assessment. Introduction OK, in part 1 we looked at an overview, using courtship…
SHOW NOTES FOR EPISODE 039 WITH BOB BOWMAN – HOW TO RAISE PRIVATE MONEY In this episode, real estate investor and fund raising virtuoso Bob Bowman shares how he became a real estate investor by mastering the art of private raising money. What You Will Learn How he bought his first investment home for $50 and sold it for $45,000 What are the three things investors need to see before they will give you their…
SHOW NOTES FOR EPISODE 038 – STEALTH TENANT MARKETING Well, I know you we’re expecting part two of Analyzing Rental Properties today but we have something different to introduce and will resume Analyzing Rental Property – Part 2 next Friday. In this episode, Bill is taking a radical departure from his regular activities to launch into Stealth Tenant Marketing mode. He will be flying to Indianapolis to focus full attention on getting units rented in his…
SHOW NOTES FOR EPISODE 037 WITH MARCO SANTARELLI – TURN-KEY REAL ESTATE INVESTING This podcast interview features real estate investor and turn-key provider Marco Santarelli. Marco is the founder of Norada Real Estate Investments and a major advocate for turn-key investing. In this episode, Marco discusses turn-key investing and shares his personal story of how he began investing at age 18 and became one of the pioneers of turn-key investing as we know it…
SHOW NOTES FOR EPISODE 036 – ANALYZING RENTAL PROPERTIES – PART 1 Property analysis is the single most important stage in a real estate investing transaction. In this episode, Bill uses a metaphor to outline the key role property analysis plays in a real estate investment transaction. From first view to closing documents, he explores the analysis process and it’s critical importance to any property purchase. Introduction Before you start analyzing Need to make sure you…
SHOW NOTES FOR EPISODE 035 WITH JEFF KISSEE – INVESTOR MAKES PEOPLE’S LIVES BETTER In this episode, former contractor and real estate investor Jeff Kissee shares how his philosophy to “create a positive impact on everyone he encounters” has yielded significant business success. From long-term broker relationships to creating apartment communities that tenants love, Jeff has kept his focus on making people’s lives better in every aspect of his investing business. What You Will Learn…
SHOW NOTES FOR EPISODE 034 – LANDLORD FRIENDLY STATES What does “Landlord-Friendly” mean and why is this important? In this episode, Bill will be looking at the top 9 states that are more favorable for landlords. As you are looking for new markets to invest in, keep in mind, some states do not have the best laws and regulations for landlords. An often overlooked aspect of evaluating rental property markets is the local landlord-tenant law. …
SHOW NOTES FOR EPISODE 033 WITH AMANDA HAN – TAX STRATEGIES FOR REAL ESTATE INVESTORS One of the great advantages of real estate investing is the tax advantages. But if you don’t understand how to take advantage of the tax benefits, you’re missing out! In this episode, Amanda Han, a CPA, tax strategist and author of “The Book on Tax Strategies for the Savvy Real Estate Investor: Powerful techniques anyone can use to deduct…
SHOW NOTES FOR EPISODE 032 – WHEN PLANS GO AWRY What happens when you set your goals, you’re plowing forward 90 miles an hour and something happens to prevent you from achieving your goal? In this episode Bill discusses what is an inevitability for anyone pursuing goals – not meeting your target. How do you handle it? Are you prepared for the disappointment? What will you do when don’t make your goal? He…
SHOW NOTES FOR EPISODE 031 WITH CARL WITHERS – THE GREAT VALUE OF PARTNERSHIPS In this episode, Carl Withers, founder of Carlyle Properties Management & Acquisitions and Withers & associates, LLC, shares how he started real estate investing later in life, after a corporate lay-off, and how he grew his real estate investments to over 2,000 units with a 92% occupancy in all of properties. He also shares how finding a great partner was…
SHOW NOTES FOR EPISODE 030 – SINGLE FAMILY INVESTING VS. MULTIFAMILY INVESTING In this episode, Bill Manassero compares single family home investing to multifamily home investing. Examining the “pros” and “cons” of each, he concludes with a “real life” single family vs. multifamily financial comparison, assuming he buys 22 single family houses and one 22-unit apartment (single-family-vs-multifamily spread sheet PDF link attached). Overview I will first share pros and cons of each and…
SHOW NOTES FOR EPISODE 029 WITH MITCH STEPHEN – HOW TO BE THE BANKER In this episode, Mitch Steven, real estate investor and the author of My Life and 1,000 Houses: Failing Forward to Financial Freedom, shares how he went from building a portfolio of 1,000 houses to developing a unique lease-to-own program that helps individuals left behind by traditional lending institutions to become home owners and, at the same time, give new…
SHOW NOTES FOR EPISODE 028 – WHY REAL ESTATE INVESTING IS GREAT FOR RETIREMENT In this episode, Bill explains why he believes real estate investing is the perfect vehicle to prepare for and succeed in your retirement years. Sharing 14 key reasons why real estate is ideal for retirement, he examines various benefits of real estate investing from “tax savings” to “giving yourself regular raises and bonuses.” Overview If you are like me, you didn’t…
SHOW NOTES FOR EPISODE 027 WITH VINNEY CHOPRA – SMILING INVESTOR’S POSITIVE ATTITUDE YIELDS BIG PROFITS In this episode, Vinney Chopra, an engineer, real estate investor, broker, motivational speaker and dedicated family man from Northern California, shares insights into how he came to the US with $7 in his pocket and built a real estate empire of over $120 million. He also discusses how he created a money-making machine with the capability of raising…
SHOW NOTES FOR EPISODE 026 – CASH SAVINGS TIPS FOR NEW INVESTORS In this episode, Bill Manassero shares a few tips that can save new investors significant money. On the podcast, one of the questions Bill always ask his guests is “If something devastating happened and you lost everything you had, except $1,000. Knowing what you know now, how would you use the $1,000 to help to rebuild your real estate business?” Most of my guests were…
SHOW NOTES FOR EPISODE #025 WITH NIZAN MOSERY – DIVERSIFYING YOUR REAL ESTATE INVESTMENTS In this episode, Nizan Mosery, an international investor with properties valued over $120 million, shares his story of of how he got started in real estate. He also outlines his strategy for diversifying his investment portfolio to add both security and significant profit. What You Will Learn The value of diversifying your real estate investments Little know source of property leads How important…
SHOW NOTES FOR EPISODE #024 – WHAT IS CAP RATE AND WHY IS IT IMPORTANT? When you are an active real estate investor, you become part of a new world that can, at first, seem a bit ominous and strange — with its own culture and language – that, at first, can be a bit overwhelming. I remember, as a newbie investor, when I would be speaking with an experienced investor, broker and banker,…
SHOW NOTES FOR EPISODE #023 WITH CHARLIE JEWETT – REAL ESTATE PROFIT INVESTMENT STRATEGIES In this episode, Charlie Jewett, author, podcast host and investment advisor, shares a few tips for real estate investors on how they can effectively manage their profits for maximum return, significant tax advantages and retirement success. He specifically addresses an alternative to the 1031 exchange. What You Will Learn Not all financial advisors are the same – there…
SHOW NOTES FOR EPISODE #022 – 1000 X 2020* – INDY PROPERTY UPDATE In this episode, Bill Manassero shares an 1000 X 2020* update on the 22-unit apartment he purchased in Indianapolis. He outlines his “value add” strategy and discusses how he hopes to increase the value of the property in one to two years. He also shares how he leveraged three existing properties to purchase the apartment. *1000 X 2020 is Bill’s plan to…
SHOW NOTES FOR EPISODE #021 – BUYING PROPERTIES WITH LITTLE OR NO MONEY DOWN WITH BRANDON TURNER In this episode, Brandon Turner, author, real estate investor and VP at BiggerPockets.com, shares how he got interested in real estate investing and further discusses how real estate investors can purchase properties for little or no money down. What Will You Learn How going to garage sales prepared him to negotiate his first real estate…
SHOW NOTES FOR #020 – BUILDING A GREAT OUT-OF-STATE TEAM Last week, in episode # 018, I discussed why I buy out-of-state properties. In this week’s episode, I begin to look at the mechanics of buying-out-of-state. Specifically, your first step before buying — creating your out-of-state team. Introduction You will hear people say that real estate is all about relationships. And nothing can be more true. And to be honest with you…
SHOW NOTES FOR EPISODE #019 – MINISTRY, MULTIFAMILIES AND PARTNERSHIPS In this episode, Curt Bidwell, former pastor, current teacher and real estate investor, shares his story of how he fell into real estate investing and ended up leveraging it to create a solid income for retirement and a legacy for his children. What Will You Learn How partnering is a good newbie strategy when you have no previous experience How you can leverage smaller properties into…
SHOW NOTES FOR EPISODE #018 – WHY I BUY OUT-OF-STATE PROPERTIES For those of you who listen to this podcast regularly, you know I live in Southern California and invest in other states. For many investors, especially those just starting out, the thought of investing out-of-state seems crazy. Why would anyone want to buy such an important and expensive investment and not be able to easily access it, regularly see it and…
SHOW NOTES FOR EPISODE #017 – FROM SOFTWARE TO PIZZA TO PROPERTIES What Will You Learn The difference between retail “passive income” and real estate “passive income” The importance of having a property manager that is “on the same page” as you How you can raise money BEFORE you have the deal The fund raising value of a “Sample Deal Packet” How to get verbal confirmations from potential investors How to get…
SHOW NOTES FOR EPISODE #016 – WHAT IS A GREAT DEAL? Two weeks ago we had the topic WHERE TO FIND GREAT DEALS. Well, this week we are going to define exactly what a GREAT DEAL is. Now first, before I get started, I have to say — what a great deal is or isn’t is SUBJECTIVE it could look differently to different people. What may be a great deal for one…
SHOW NOTES FOR EPISODE #015 – WHERE TO FIND $100 MILLION NET WORTH INVESTORS In this episode Richard Wilson, founder of Family Office Club and author of the #1 bestselling book in the family office industry, The Single Family Office: Creating, Operating, and Managing the Investments of a Single Family Office , talks about family offices and how they can be a source of funding for your multifamily investments. What You Will Learn What…
SHOW NOTES FOR EPISODE #014 – HOW I WILL ACQUIRE 1,000 UNITS BY 2020 For those that don’t know, I have set the goal of acquiring/owning/controlling 1,000 units by 2020 by doubling my number of units each year. To clarify the “acquiring/owning/controlling” part of this, my preference is to own all the properties but to do this in 6 years would be pretty difficult, unless of course, I hit ALL HOME RUNS – in…
SHOW NOTES FOR EPISODE #013 – GENERATING WHEELBARROW PROFITS WITH MULTIFAMILY INVESTING In this episode, Jake Stenziano and Gino Barbaro, #1 Amazon bestselling authors of Wheelbarrow Profits, share their story of how they went from restaurant owner and salesman to real estate tycoons with over 600 units. What You Will Learn How a pizza guy and a sales rep built a $32 million real estate empire in under 3 years The one-word question…
SHOW NOTES FOR EPISODE #012 – HOW TO FIND GREAT DEALS Overview Finding the real good deals is an important process but it can only happen AFTER you have carefully defined your goals. How and where you look for deals must directly support your primary goals. Ideally, finding great deals is a process whereby you set up mechanisms to help you create a steady stream of property leads that will eventually provide you…
SHOW NOTES FOR EPISODE #011 WITH GARRETT SUTTON In this episode Garrett Sutton, acclaimed corporate attorney, author and Rich Dad Advisor addresses the importance of asset protection for real estate investors. What You Will Learn What is asset protection? Do you need to open an LLC for every property? What the magic words are for a bank that won’t let you put title in the name of the LLC Why Garrett doesn’t…
Dreams without a goal are just that… dreams. The trouble with not having a goal is that you can spend your life running up and down the field and never score. SHOW NOTES FOR EPISODE #010 – SETTING YOUR REAL ESTATE INVESTING GOALS Overview In real estate investing – goals are critical! Goals makes you focused, decisive and ultimately successful! Don’t get hung up – is it a goal? Vision? Mission? Objective?…
What? How can I get a 25% annual return on one real estate investment when interest rates charged bankers are almost zero, savings rates are 1 to 2%, and mortgage rates are about 4%. Your mother, bless her heart, would shake her finger at you and say, “If it sounds too good to be true.…” You know the rest. What if I could show you how to get an annual return on…
SHOW NOTES EPISODE #009 WITH SUSAN LASSITER-LYONS In part two, Susan Lassiter-Lyons, a successful real estate investor , financing expert and author of Getting the Money: The Simple System for Getting Private Money for Your Real Estate Deals wraps up the discussion on a more personal note – failures, successes and how monetary goals are not always the the goals that will make you happy. You Will Learn: Making quick, emotionally charged…
SHOW NOTES FOR EPISODE 008 – TOP REAL ESTATE INVESTMENT MARKETS In this episode Bill will be sharing the Top 10 Real Estate Investing Markets in the U.S. Compiled from multiple sources and other lists, Bill has carefully compared, compiled and ranked the leading markets. BILL’S TOP 10 Charlotte Orlando Atlanta Houston Dallas Austin Sacramento San Antonio Denver San Diego Seattle IF YOU LIKED THIS PODCAST, we would love if you would go to iTunes, Stitcher, GooglePlay and iHeartRADIO and Subscribe,…
SHOW NOTES EPISODE #007 WITH SUSAN LASSITER-LYONS In the first of a two-part series, Susan Lassiter-Lyons, a successful real estate investor , financing expert and author of Getting the Money: The Simple System for Getting Private Money for Your Real Estate Deals, shares techniques for obtaining properties for little or no money down, what she learned from the crash of 2007 and how to position yourself when asking for money. You Will…
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SHOW NOTES FOR EPISODE 006 – HOW TO GET STARTED IN REAL ESTATE INVESTING Getting started in real estate investing is easier than you think. In this Fun Facts Friday, Bill outlines the 4 simple steps to becoming a real estate investor. Once you learn and follow these 4 steps you can look forward to a successful and prosperous retirement. INTRODUCTION I know that seems like a topic that would take more…
SHOW NOTES FOR EPISODE 005 – FROM BROKE ROCK ‘N ROLLER TO MILLIONAIRE REAL ESTATE MOGUL Listen to master real estate investor and educator David Lindahl as he shares his personal rags to riches story and as he shares how others can achieve the same. He shares many insider tricks, tips and techniques that have allowed him to get the maximum return on every property investment. What You Will Learn What convinced Dave…
You’ve spent a considerable amount of time learning how to invest in real estate, and you’re ready to make your first purchase. How do you know if a property is a good buy? There are no guarantees when it comes to real estate, but if you analyze the property upfront using these guidelines, you’ll have a pretty clear indication whether you should buy a property or keep looking. It meets your predetermined…
SHOW NOTES FOR EPISODE 004 – FROM WALL STREET ATTORNEY TO MULTIFAMILY REAL ESTATE INVESTOR WITH JONATHAN TWOMBLY In this episode, hear how a brilliant Harvard educated attorney left a plush New York law firm to pursue real estate investing full-time. About Jonathan Jonathan Twombly is a graduate of Harvard College and Columbia Law School. Since 2013, he has run Two Bridges Asset Management LLC, a multifamily investment platform based in Brooklyn,…
SHOW NOTES FOR EPISODE 031 – GROWING A REAL ESTATE EMPIRE WHILE WORKING A FULL-TIME JOB WITH JEFF GREENBERG Since 2007, Jeff Greenberg has been investing in multi-family assets in emerging markets. An MBA with over thirty-five years experience in management, staff supervision, development, and training, Jeff started real estate investing while employed full-time in a demanding job. Jeff focuses on acquisitions, investor relationships, contract negotiations, business systems development, business management and…
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SHOW NOTES – EPISODE #002 WITH MICHAEL BECKER In this episode we examine the investment strategy of Michael Becker, a banker turned real estate investor. who acquired 3,000 units in three years. About Michael Michael Becker is a Principal at SPI Advisory LLC and heads SPI’s Frisco Texas office where he oversees all aspects of property operations, including asset management, property management oversight, accounting and taxation, capital improvement and renovation projects and investor…
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SHOW NOTES – EPISODE #001 WITH JOE FAIRLESS In this episode we hear from Joe Fairless, a real estate investor and podcast host who has amassed $28 million in apartment buildings in three years. About Joe Joe Fairless is Principal at Fairless Investing and Host of the extremely popular leading iTunes podcast – BEST REAL ESTATE INVESTING ADVICE EVER. He started buying multifamily properties in 2013 and now controls over $28,000,000 worth of…
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Who We Are The Old Dawg’s REI Network is unique community of real estate investors 50 years of age and older who are motivated to learn and succeed in real esate investing The “Network” provides education through Newsletters Blogs Podcasts Social Media Opportunities to meet other investors Our Audience People who are approaching retirement or already retired who are interested in generating more income Who also want to build a legacy for…
When I decided that investing in real estate was the best way to fund my retirement, I set out to learn everything I could about it. I talked to friends who had been successful in real estate investing, read anything and everything I could find, participated in forums/webinars, attended seminars, ordered courses, listened to podcasts and watched endless hours of YouTube videos. After all, the last thing I wanted to do was…
Getting ready to retire? Or, maybe you’ve retired, but you’re not sure your combined savings, Social Security, and pension (if you’re lucky enough to have one) will be enough for a comfortable living? You’re not the only one. According to the annual Retirement Confidence Survey released last month by the Employee Benefit Research Institute, only 21 percent of American workers feel “very confident” that they have enough money saved to fund their…
The Federal Reserve with its zero interest rate policy (ZIRP) has virtually killed the market for senior savers. Gone are the days of CDs and savings accounts that beat the combined costs of taxes and inflation. Even if you buy thirty year treasuries, a 3% return is about the best you can get and the risk to your capital is very high should interest rates normalize. There’s even been talk of the…
If you are like me, you didn’t expect to be where you are today, rapidly approaching retirement without a pension or comfortable nest egg. Your 401(k) or IRA isn’t earning what you thought it would, and even though you qualify for Social Security, you realize it might not be around (and the amount will almost certainly not be enough for most people to survive on). We’re not alone. According to the most…
Welcome to the Old Dawg’s Real Estate Investors Network, where old dawgs CAN learn new tricks. I’ve created this website as a resource to help those approaching retirement as well as those already there. I will be sharing my personal journey as I learn real estate investing along the way. In this blog, I will share the steps I am taking as I pursue my goal of obtaining 1,000 doors/units of real…