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Our Real Estate Investing Model in Detail

by Michael Zuber | February 8, 2012

The questions I get most frequently via email from the BiggerPockets audience are: – Can you tell me more about your model? – Why do you think it works? – Can I copy your model in my market? – How can I participate in it? Instead of responding to emails weekly around these topics, I thought [...]

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Real Estate Investing

The 4 Big Fix and Flip Mistakes

by Marty Boardman | December 1, 2011

Last week, I walked into Chipotle and ordered to-go lunches for me and my wife. After waiting in line, placing my order, waiting in line some more, and finally paying, I left – without my burritos. Before I could make it out the door the guy at the register hollered out SIR, YOUR FOOD! Boy [...]

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Real Estate Investing

24: The Fix and Flip Edition

by Marty Boardman | November 10, 2011

The following is an account of my last 24 hours as a fix and flip investor. The events described here are real. The names of those involved have not been changed because you’ve probably never heard of any of them. Some of the details are graphically mundane and may bore you to tears. You have [...]

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Real Estate Investing

What is your Real Estate Acquisition Strategy?

by Marty Boardman | November 3, 2011

I wouldn’t be comfortable with someone referring to me as an expert – unless it had do with cereal or cheap red wine. Oh, and acquiring stuff. I’m really good at that too. Let’s just say I’m a sucker for the latest tech/music/audio gadget on the market. My most recent non-real estate related acquisition was [...]

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Real Estate Investing

Highest and Best: Two Words to Loathe and Love

by Marty Boardman | October 13, 2011

Highest and best. If I was competing in the Olympics for a gold medal in pole vaulting then I’d love to hear those two words together. But as a real estate investor when I hear highest and best my blood pressure starts to rise. My face turns red. My jaw tightens. Then I sit down [...]

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Real Estate Investing

In Real Estate Variety Can Be the Spice of Failure

by Marty Boardman | September 15, 2011

It really bothers her. At the Olive Garden I always order lasagna. At Taco Bell it’s a tostada and three tacos. The Outback Steakhouse has to be a rib eye with broccoli and a glass of red wine. When we eat at our favorite neighborhood bar and grill, my go to meal is the honey [...]

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Real Estate Investing

Private Money: When 18% is Less than 12%

by Marty Boardman | September 1, 2011

I was never late. I always paid my bills on time. The mortgage. The credit card. The car payment. Electric, water, phone and cable – like clockwork every month. Heck, I even paid for magazine subscriptions 3 months prior to expiration. Then suddenly, in August of 2007, there was too much month and not enough [...]

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Real Estate Investing

The Real Estate Investor’s Realtor: What Should You Expect?

by Marty Boardman | August 26, 2011

I’m a worried Dad. My beautiful little girls are growing up too fast. They’ll be dating soon and I pray they make wise choices. I certainly don’t want them hanging around the wrong crowd. So rather than leave this up to chance or divine intervention I decided to start establishing some criteria for them. Their [...]

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Real Estate Investing

Fixing and Flipping vs. Buying and Holding

by Marty Boardman | August 18, 2011

Peanut butter and jelly. Surf and turf. Burgers and fries. Milk and cookies. Coffee and donuts. Beer and wings. Wine and cheese. Alone these things are desirable. They will certainly satisfy my taste buds and quench my thirst. But together, these foods stuff my belly and leave me feeling warm and fuzzy inside. Fixing and [...]

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Real Estate Investing

The Fix and Flip Fisherman

by Marty Boardman | July 14, 2011

Bill and Frank rent a boat and go fishing. They catch a lot of fish and return to the shore. Bill says to the Frank, “I hope you marked the spot where we caught all those fish.” Frank replies, “Yes, I marked an ‘X’ on the side of the boat to mark the spot.” Bill [...]

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Real Estate Investing

Adopt a ‘Why I Shouldn’t do this Real Estate Deal’ Attitude

by Marty Boardman | July 1, 2011

Michelle from Michigan hasn’t closed a deal in over two years, though it’s not from a lack of effort. The real estate market there is in the tank. It’s no wonder she left me two messages, twice last Friday and again on Monday. She was excited about finally finding a profitable opportunity. I explained to [...]

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Real Estate Investing

A Family Recipe for Buying Houses at the Courthouse Steps

by Marty Boardman | June 16, 2011

Not much has changed on 5th Street in Belvidere, Illinois. My grandparent’s house looks almost exactly the same as it did when I was 8 years old. The wood-paneled walls in the basement are still there. Family pictures remain in the same place. The single bed in the upstairs loft, where I slept on during [...]

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Real Estate Investing

Are You Willing to Lose in Order to Win?

by Marty Boardman | May 26, 2011

“I have missed more than 9,000 shots in my career. I have lost almost 300 games. On 26 occasions I have been entrusted to take the game winning shot, and I missed. I have failed over and over and over again in my life. And that is why I succeed.” - Michael Jordan Thomas Edison [...]

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Real Estate Investing

I Want to be a Hard Money Lender When I Grow Up

by Marty Boardman | May 5, 2011

I got the strobe light at Radio Shack the summer of 8th grade. The mirror ball was a Christmas present. I bought more than 200 singles from Music City Records that year – artists like The Breakfast Club, The Jets and Cameo. I would spin those 45 RPM one-hit-wonders with an old Pioneer turntable. My [...]

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Real Estate Investing

How Hanging Ceiling Fans Resurrected My Real Estate Career

by Marty Boardman | March 24, 2011

Who could possibly feel sorry for me? After all, I drove a $100,000 Mercedes Benz. I belonged to the Phoenix Country Club. I wore an expensive Rolex watch and dressed in hundred dollar Tommy Bahama silk shirts. I dined at restaurants like Mastro’s Steakhouse without ever bothering to look at the prices on the menu. [...]

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