My Tenant Lost Their Job – Now What?
People lose their jobs. They can get laid off or fired. Companies can go bankrupt. There are a host of other reasons why someone might loose their job but a…
Managing & Scaling
Don’t Buy That Cheap Property! (UNLESS…)
It’s a fact, Josh Dorkin hates Detroit (and Rochester, Buffalo, Columbus, etc). Anyone who has listened to the BiggerPockets Podcast each week is just waiting for Josh to take any…
How to Achieve Consistent (and Legal) 12%+ Returns Through Passive Real Estate Investing
Dave Ramsey gets a lot of flack from the investment community. For those who don’t know Dave, he is a personal finance writer and radio personality who weekly encourages folks…
The Four Word Business Plan to Build Your Real Estate Empire.
“Empires won by conquest have always fallen either by revolt within or by defeat by a rival.” Colonel John Boyd General Colin Powell and Norman Schwarzkopf exemplified world-class leadership during…
How Dodd Frank Law Changes Seller Financing for Investors
I was actually in the process of negotiating a seller finance with one of my tenants and was halted in my tracks. I was reminded that the new Dodd Frank…
22 Unforgettable Experiences From My First Rental Property
1. The thrill of excitement when I finally found a deal worth pursuing. Source: plus.google.com 2. Doing my initial walk-through and realizing the property needed a lot of “updating”. Source: ebaumsworld.com…
Five Steps to Finding Focus in Your Real Estate Business
“It’s not luck” Dr. Eli Goldratt Focus is an essential element to success in sports, business, and everything. The more success biographies you read it may become crystal clear: mega…
Tips for Marketing to Motivated Sellers
I have considered myself to be a pretty good marketer for 20+ years. I can actually remember the time when all marketing was done face to face, by using direct…
What’s The Difference Between a Quitclaim Deed and a Warranty Deed?
A few weeks ago I wrote a post on real estate titles and deeds. I wanted to follow up on that post with a bit more detail on a couple…
Avoiding Burnout: Goals are Great But …
This is the time of year when everyone thinks about goals and what they want to achieve in the upcoming year. I am one of those folks that have written…
Learning the Hard Way: Why You Should Invest In Landlord Friendly States
As a newer investor, there is advice given by more experienced investors that we have to learn the hard way. One of those truisms is to “invest in landlord friendly…
The One Simple Thing Required to Raise Unlimited Money From Private Investors
I know private investors are tough to find, especially if you are just starting out. I’m not sure your experience level, but put yourself in their shoes for a minute:…
5 Steps to Create a Facebook Page for Your Real Estate Business
Facebook will be an essential marketing and branding leg for your outreach. Whatever qualms you may have about social media, it’s nearly impossible to grow your voice online without embracing…
