As a commercial real estate investor, you regularly need to evaluate income producing properties. You do this by analyzing the income and expense sheets of the subject property in which you are interested. Income and expense sheets do not involve fancy finance or numbers, and you do not have to take a difficult finance class in order to decipher the numbers and what they mean to the end user. It is very important,…
SHOW NOTES FOR EPISODE 205: BEST TIPS FOR DUE DILIGENCE THE RIGHT WAY There’s a huge problem in the real estate investing business that nobody is talking about – DUE DILIGENCE. Investors are leaving big money on the table by not learning key essential principles. Most investors, real estate brokers and real estate professionals barely scratch the surface when conducting their due diligence. In this podcast, due diligence expert Brian Hennesey shares 10 effective tips on how…
SHOW NOTES FOR EPISODE 206: HOW TO REDUCE THE TOP FIVE RENTAL PROPERTY RISKS A rental property is one of the most popular choices of real estate investors looking to invest in new opportunities. Sure there are flippers, wholesalers, builders, speculators and more, but rental property is something most people who have ever owned a home can easily grasp and understand. However, like all real estate investments, it also has it’s risks. In…
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. Listen to the Market The cabinet guy looked to me for a decision. I realized that I knew nothing at…
SHOW NOTES FOR EPISODE 205: GROWING AND SCALING YOUR REAL ESTATE INVESTING BUSINESS Discouraged by huge student loan debt, an unfulfilling job and a girlfriend that wouldn’t marry him, Ivan Barratt got re-motivated and started a real estate business in a spare bedroom of his house. Fast forward six years… Today, Ivan owns 1,800 units, manages 2,200 units, has 54 employees and is not slowing down. In today’s episode, Ivan shares his success secrets for growing…
SHOW NOTES FOR EPISODE 204: THE POWER OF LEVERAGE Real estate investing has many great attributes but one of its greatest is the ability to create massive wealth through leverage. In this episode, Bill will explore the power of leverage in real estate investing and share how you can exponentially grow your investment dollar by utilizing this valuable strategic tool. Introduction Real estate is by far my favorite asset class. Even though I’ve been tempted to sell my rental properties at times…
As the real estate market cools, the profit potential of home ownership has cooled as well. Here’s a strategy called “follow the builder.” It is relatively easy to make a profit when you sell your home if the market is rising sharply like it has been in most of the country for the last three years. It becomes more difficult when a hot market slows down. It’s very difficult to make a…
SHOW NOTES FOR EPISODE 203: INVESTING IN AFFORDABLE HOUSING WITH EDDIE LORIN Having successfully purchased and transformed more than $3 billion in multifamily real estate, including approximately 40,000 units nationwide, real estate entrepreneur Eddie Lorin now directs his efforts to the nation’s housing crisis through Impact Housing. In this episode, Eddie shares how Impact Housing is providing quality, affordable housing, along with free health-related education, fitness, gardening and nutrition programs for residents and families living in his unique low income apartment…
SHOW NOTES FOR EPISODE 202: HOW TO AVOID REAL ESTATE INVESTING MISTAKES Avoiding costly mistakes is a goal of every real estate investor. However, are mistakes avoidable? Are there practical things we can do to prevent mistakes from happening? And when they happen, how should we respond? In today’s podcast episode, Bill shares insight into real estate investing mistakes by candidly sharing a series of recent calamities that occurred with one of his investment properties. Before we get…
When a person says they are a real estate investor it can mean any number of things. There are many different types of real estate, and many different ways to invest. Which way is best is for you, really depends are your particular needs. Here is a checklist of 15 different types of real estate investments to consider, along with key advantages and disadvantages. 1. Rental Properties Advantages: One of the easier ways…