Author

Eric Fernwood

During his years as an engineering solutions manager for enterprise clients at Hewlett-Packard, Eric bought multiple investment properties. He was frustrated by the minimal support that typical Realtors provided investors. In response to this business need, he established the Fernwood Real Estate Investment Group in Las Vegas in 2005.

Utilizing processes from the commercial world, Eric developed a data-science-based investment methodology and process-oriented execution strategy. He and his team provide a one-stop investment service solution, including investor education, property identification, validation, transaction management, renovation, and property management. To date, he has delivered over 490 investment properties to more than 180 clients worldwide. His repeat business rate is >90%, and almost all his clients are remote investors.

Landlording & Property Management 3 min read

May 13, 2024May 10, 2024 Eric Fernwood

These 2 Things Changed My Worldview of Single-Family Rentals

These two lessons changed my entire approach to rental properties and I'm generating more cash flow because of it.

Rehab & DIY 8 min read

May 08, 2024May 08, 2024 Eric Fernwood

Avoid My Mistakes: Single-Family Renovation Lessons I Learned the Hard Way

I want to share a few tips and lessons (some are costly) so you don’t repeat my mistakes.

Real Estate Partnerships 2 min read

Apr 19, 2024Apr 19, 2024 Eric Fernwood

Partnering Is a Great Way to Invest—As Long as You’ve Worked Out These 13 Details

In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall:…

Market & Deal Analysis 3 min read

Apr 01, 2024Apr 15, 2024 Eric Fernwood

Why Location Is the Most Important Investment Decision You Will Make

Location determines all the long-term characteristics of your rental income. So to achieve and maintain financial independence, the most important decision you will make is to choose a city where…

Multifamily Real Estate Investing 3 min read

Mar 25, 2024May 05, 2024 Eric Fernwood

What I Learned From My First Investment Property—and How I Changed My Strategy

My first investment property was a C/D-class multifamily in Houston. I selected it primarily based on perceived cash flow. According to my calculations, the return on investment (ROI) was between 12%…

Market & Deal Analysis 5 min read

Feb 26, 2024Jul 11, 2024 Eric Fernwood

What I Learned From National Retailers to Decide What and Where to Invest—And How You Can Do It Too

In 2005, I decided to start an investor services business. I reviewed all the popular investing literature. What I found were self-professed experts offering opinions and no processes. As an…

Single-Family Real Estate Investing 3 min read

Feb 21, 2024May 17, 2024 Eric Fernwood

More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex

Conventional wisdom suggests more units would equal more money, but the numbers don't always check out. Here's what the calculations look like.

Market & Deal Analysis 2 min read

Feb 14, 2024Mar 01, 2024 Eric Fernwood

After Several Years of Investing, These Are My Fundamentals for Generating Passive Income

A good investment strategy starts with clarifying your goals. For most investors, that means financial freedom, but a big part of getting there comes from passive income. These are the…

Personal Development & Goals 2 min read

Jan 26, 2024Feb 07, 2024 Eric Fernwood

Goals Are Not Enough—You’ll Never Get Where You Want to Go Without This

Have you given up on your New Year's resolutions yet? Did you achieve your goals last year? Goals are not enough—you have to take action, too.

Success Stories 3 min read

Jan 24, 2024Jul 12, 2024 Eric Fernwood

We’ve Had Vacancy Rates Below 2% for Over 15 Years—Here’s How We’ve Done It

The secret to reliable rental income isn't the property, the location, or the amount of money you put in. It's this, and it's a straightforward thing to get right.

Exiting 1 min read

Jan 19, 2024Feb 02, 2024 Eric Fernwood

Should You Sell or Hold? Here’s a Decision-Tree to Help You Decide

Making decisions on your properties can be the toughest thing you do, so we've made it much easier. Follow this guide to make the right decision!

FIRE & Retirement 3 min read

Jan 12, 2024Feb 19, 2024 Eric Fernwood

How Many Properties Do You Need To Retire?

If retiring is a problem, then the best way to solve it is by buying more properties. How many do you need?

Opinion 3 min read

Jan 01, 2024Feb 29, 2024 Eric Fernwood

Low-Cost Properties Are Actually the Most Expensive

Low-cost properties are appealing because you can acquire and generate income with less initial capital. But they are actually the most expensive way to achieve and maintain financial freedom.