SHOW NOTES FOR EPISODE 128: WHERE CAN YOU BUY A HOUSE FOR $1,000? A few quick updates: I’m back in Indy this week, living at my apartment for 5 days Converting 2 units to AirBNB rentals We’re hoping to offset the transient cash flow inherent in studio or efficiency units with increase ROI in the AirBNB units Introduction Real estate investing is amazing because there are many possibilities. Not only are there multiple…
One of the most elusive and desirable real estate opportunities is the “off-market property”. This is a property where there is generally a motivated seller, but the property has not been broadcast on the MLS (Multiple Listing Service) or Loopnet.com and does not appear on any of the national or local real estate sites that “re-broadcast” the MLS and commercial properties. Savvy investors and specialty real estate companies covet a property where…
SHOW NOTES FOR EPISODE 127: BUYING HUD HOMES AT HALF OFF Buying properties below market rates has a host of advantages, not withstanding, the creation of instant equity upon purchase. In this episode, veteran real estate investor and author Larry Goins shares “insider secrets” on how to purchase HUD homes, sometimes as low as 50% below market. Utilizing tried and tested techniques and systems developed over the last 30 plus years, Larry has created a successful real estate enterprise that…
SHOW NOTES FOR EPISODE 126: TOP 15 FASTEST GROWING SUB-MARKETS Multifamily housing is growing more and more competitive. Finding and securing a deal in the right market at the right time is not easy. That’s why smart investors are seeking out great properties in secondary and tertiary markets. In this episode, Bill shares the top 15 U.S. sub-markets experiencing the highest population growth. I’ve always said, if you CAN invest in your local market, you should. It’s…
Being a successful real estate investor requires a steady and consistent flow of good deals, the ability to act fast and knowing how to leverage each deal for maximum profitability. This requires a certain set of skills that allow you to quickly locate, assess and move on the right deals at a moments notice. This article outlines five essential skills every successful real estate investor must possess and develop. Determining Value You must learn how to…
SHOW NOTES FOR EPISODE 124: WHAT’S YOUR “ONE THING?” WITH JAY PAPASAN Achieving extraordinary things is just a matter of staying pinpoint focused on that “one thing” you are seeking to achieve! In today’s episode, Jay Papasan, successful entrepreneur, real estate investor and author of the book entitled The One Thing, shares how simplifying and focusing our efforts can quickly yield tremendous results. What You Will Learn What is your “One Thing” and…
SHOW NOTES FOR EPISODE 124: ASK BILL! ANSWERS TO LISTENERS’ QUESTIONS The Old Dawg’s REI Network receives many questions from podcast listeners via email, through our website at olddawgsreinetwok.com, through other outside websites (like Quora, etc.), by phone and in person. In this episode, we are introducing a new monthly Fun Facts Friday feature called “Ask Bill” where Bill will answer, on-the-air, some of the top questions received during the month. Introduction Hey…
Buying rental properties can be a great way to build your wealth. However, as in most real estate investment, it is sometimes difficult to know if you’ve found a good deal – especially the first time. Here are some things to look for to be sure that rental is a great investment. 1. Location If traffic is heavier, rentals are easier to rent. A sign will often pull more response than an…
SHOW NOTES FOR EPISODE 123: INVESTING SMART IN DIVERSE MARKETS Jason Hartman is a self-made multi-millionaire and serial entrepreneur who hosts 20 podcasts, has started 21 companies, owned properties in 11 states and visited 79 countries. In this episode, Jason shares his “insider” real estate investing secrets and discusses how he has managed to invest both smart and conservatively in multiple diverse markets. What You Will Learn The importance of diversifying geographically The 3…
SHOW NOTES FOR EPISODE 122: THE IMPORTANCE OF KNOWING YOUR WHY Embarking on the path to successful real estate investing is not always easy, but it’s even more difficult if you don’t know your why. In this episode, Bill looks back as his time in Haiti as an illustration of the importance of having and knowing your why before you get involved in real estate investing. Introduction Living in Haiti for 11 plus…