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…
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…
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…
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…
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…
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…
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…