Zero down? Why would a seller want to walk away from closing with nothing? Well, they wouldn’t, and that brings up the most important point about real estate investing with no down payment: The seller almost always needs cash at closing, but it doesn’t have to be YOUR cash. A Zero Down Example For example, a person is selling a small rental property right now, with payments of $400/month. The buyer has a…
SHOW NOTES FOR EPISODE 227: CREATIVE TIPS TO INCREASE YOUR PERSONAL CASH FLOW Many people have tried real estate investing but, unfortunately, fail miserably for the simple reason that their personal finances weren’t in order first. In this podcast episode, Jordan Goodman, 18-year personal finance writer for Money Magazine and noted expert on personal finance, shares some tips and tools that will help you improve your personal finances so you can better succeed in real estate investing….
SHOW NOTES FOR EPISODE 226: 5 IMPORTANT THINGS YOU NEED TO KNOW BEFORE YOU BECOME A LANDLORD Being an effective landlord is critical to real estate investing success. Landlords are able to take advantage of a wealth of tax benefits while generating steady cash flow and their property appreciates in value. In this podcast episode, Bill shares five important things every real estate investor needs to before becoming a landlord. As an investor, there are…
You’ve heard it a million times. If you were to get a property that is entering foreclosure, you can get a great deal on the price of the home or property. The main question is how do you acquire the necessary knowledge to get this property. There are a lot of loopholes when it comes to foreclosures, so it’s best to know as many of them as possible to prepare yourself for…
SHOW NOTES FOR EPISODE 225: HOW TO BE A SUCCESSFUL SYNDICATION PASSIVE INVESTOR Real estate is one of the best investments out there. But how do you invest? Do you have to deal with tenants, toilets and trash? Or, is there a easier way? Real estate syndications are a great way for you to tap into high-yielding real estate investments without ever having to be a landlord. In this podcast episode, passive real estate…
SHOW NOTES FOR EPISODE 224: ASK BILL! REI SEMINARS, USING YOUR EQUITY & QUICK QUESTIONS This is our monthly Fun Fact Friday “Ask Bill!” episode, where I answer 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 what little knowledge…
Capital is one of the biggest requirements for real estate. So many people want to get started in real estate investing, but do not have the money to do so. Sometimes it can seem like a Catch-22 kind of situation. You want to invest in real estate to make money, but you need money to invest in real estate. Many people wonder how they will ever be able to get started in…
SHOW NOTES FOR EPISODE 223: WINNING THE COMMERCIAL REAL ESTATE LOAN GAME When you need funding for a new property purchase, time is of the essence. You cannot afford to waste a minute, let alone, months, completing bank loan documents only to find out your loan has been declined. In this podcast episode, 30-year real estate investor vet and software developer John Matheson shares how he discovered a way to take the mystery out of…
SHOW NOTES FOR EPISODE 222: AIRBNB ON AUTO PILOT Bill Manassero started with a test AirBNB apartment unit in August of 2017. It proved so effective that, in April 2018, he converted two more AirBNB units and now wants to add even more. AirBNB has proven to be an excellent way to significantly boost rental income from conventional rental properties. In this episode, Bill shares how his current AirBNB properties are crushing it and how he is…
If you surf the Internet and read books on real estate investing you will come across a lot of useful information, though the majority of these sources concentrate on providing information on just one particular sphere of investing. Thus, if you are looking to find out more about real estate investing, in general, you may not find that much information and may be at a loss when it comes to formulating the proper…