Category: Uncategorized

Where are the best real estate investment locations? If you have enough experience investing in real estate, you can make money almost anywhere, but there are always places that are better or worse for real estate investments.  For maximum profits, you want places that have a better demand/supply ratio. You can use the questions below to find them. Real Estate Demand Does the area have decent job growth?  Ask local authorities and…

SHOW NOTES FOR EPISODE 121: MICROSOFT STRATEGIST CREATES REAL ESTATE CASH FLOW MACHINE This smart old dawg has been ramping up for retirement since March of 2015 and already has more than 25 units.  In this episode, Mackal Smith, a 20 plus year Microsoft  employee and part-time real estate investor, shares how he is generating significant rental income for his future retirement while still working a full-time job. What you will Learn How you…

SHOW NOTES FOR EPISODE 120: PROSTITUTES, PROPERTY MANAGERS AND AIRBNB When you dive head first into real estate investing you’ll see and experience things that you may never have expected.  In this episode, Bill shares some of his personal “not so great” experiences that, although may be painful, are, nonetheless, an important part of every investors education. Introduction Greetings fellow old dogs!  And, just a point of reference here… sometimes when I refer to you as…

Commercial real estate has many tools that can be used to maximize one’s return on investment (ROI).  Among the many tools to choose from, leverage is one of the most effective ways to limit (or omit) the amount of personal money you put in a deal, and see the highest return possible. In order to understand leverage in commercial real estate, you must completely understand what it is, and the main factors…

SHOW NOTES FOR EPISODE 119: REAL ESTATE INVESTING TO CHANGE THE WORLD Frank McKinney went from high-school drop-out to Ferrari-driving tennis instructor to house flipper to multimillion dollar custom home designer to philanthropist who now builds self-sustaining villages for the poor of Haiti.   In this episode, Frank shares his amazing journey and the things he has learned along the way. What You Will learn How to go from high school drop-out to digging sand traps on…

SHOW NOTES FOR EPISODE 118: 10 REAL ESTATE INVESTING RULES OF THUMB EVERY INVESTOR SHOULD KNOW When it comes to investing in commercial real estate, it’s not as complicated as some people make it out to be.  There are some simple short-cuts and methods that help make some of the more complicated stuff of real estate investing a little easier.  When, analyzing deals, for example, in the interest of time, there are certain…

While a good many millionaires will agree that their fortunes were made in real estate, the honest ones will also tell you that they’ve probably lost a few fortunes in real estate along the way.  This can be a risky business and every property purchased doesn’t always pan out to become a successful investment.  There are many risks involved in real estate investing and you would be going to battle unprepared if you…

SHOW NOTES FOR EPISODE 117: FLIPPING CLASSIC CARS TO CREATE A REAL ESTATE EMPIRE When you start off in real estate investing, you either need to have the cash, a source to borrow the cash or another way to generate the cash.  That’s why many people start out wholesaling or flipping houses.  In this episode,  you will meet someone who has a unique and quick way to generate cash — flipping cars!  Abhi Golthar,…

SHOW NOTES FOR EPISODE 116: TOP 10 US MULTIFAMILY METRO MARKETS In this episode, Bill presents at a recent study released by the National Multifamily Housing Council and the National Apartment Association.  The study looks at projected housing demand for the 50 top MSAs in the U.S.  Bill zeros in on the top 10 cities with the highest degree of multifamily opportunities. A Report called “U.S. Apartment Demand – A Forward Look,” conducted by the NHMC…

There are two legal ways to increase your wealth: 1) Keep more of what you have (e.g., tax strategies, rehab efficiencies, expense reductions, cost savings) 2) Add value to something (e.g., a real estate investment, stocks, bonds) Let’s focus on those hacks that will specifically add value to your real estate investments. The most obvious is certainly those things that will bring your property back up to standards.  We have to do the obvious things…