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…