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,…
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…
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…
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…
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…
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. …
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…