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…
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…
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…
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…
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…
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…
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…