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…