Funny, coming from someone who doesn’t wholesale. I do know the basics about it though- you find properties for other buyers, flippers most likely, and do the double-closing thing or whatever it’s called. You make your money by upcharging the buy price to the investor so you make the difference. Easy! That’s why everyone says [...]

Go big or go home, right? I’ll tell you, my first investment purchase ever was two beachfront properties in Nicaragua. Crazy, huh? I’ve always been known to do everything backwards- hardest to easiest. Despite what I do, however, I don’t necessarily encourage everyone to go big or go home the first time around, or even [...]

Think about the math classes you have taken in your life. Huh? Think back to elementary school through high school and into college. How did your math classes work? You probably started by learning how to add. Then the teacher got sneaky and threw in a twist to addition and called it subtraction. Shut the [...]

It’s whatever you want it to be. Have you ever heard the reasoning of why people buy something being that they “buy on emotion and justify with logic”? I think the 2% rule, as well as the 50% rule and any other related rule, falls into this realm of reasoning. I’m not sure how exactly, [...]

Want higher ones, right? I don’t. Confused? I don’t blame you. You heard me right. I am just recently more impressed with 7-10% cap rates than 12%+ cap rates. I’ve had just enough experience in the rental property world to teach me that there is some real value in not ruling out those lower cap [...]