Using your Retirement Fund to Invest in Real Estate
Thursday, November 07
I was right there at 19 and a half out of 25 years. You’re supposed to retire at 25. I calculated before I left what my retirement was worth to me. At 25 years, you only get 50% of what you make. For 25 years of your life, out of 50,000, I would have gotten 25,000 a year in retirement. The first...
Sellers Insurance Policy vs What the Buyer is Quoted
Wednesday, November 06
Insurance is peace of mind. That's what I sell. I sell peace of mind. What might make a sellers peace of mind might not do that for you as a buyer. We look at that line item. It is a starting point to say, “Okay. You're paying about this. And since we’ve been doing this for 10 years just about e...
The Six Levels of Knowing Your Finances
Tuesday, November 05
There are six levels of people knowing their finances. Level one is where most people are, unfortunately, they have no clue and living paycheck to paycheck. Others are at level two. Perhaps they own their house and may have started a retirement fund. Level three - they own a few rentals, they u...
What is a Feasibility Study?
Monday, November 04
The core of any feasibility study, no matter what type of real estate product that you have, comes down to supply/demand analysis. In the case of apartments, for example, it’s looking at the housing stock that’s there, the competitive nature of that stock and then the market conditions. What is...
The Right Way to Build Your Team
Sunday, November 03
My previous podcast guest James Manes thinks that the biggest thing was through the years that he learned how to build teams and how to market not only a company or an asset but himself as well. When he started to go out on his own, he thought he could raise probably a million dollars, but in th...
How to Generate New Leads
Saturday, November 02
What my previous podcast guest Karen Briscoe found is that committing to get leads applies pretty universally to just about any sales, entrepreneurship, business endeavours. Until you have a lead or a deal to work on or someone to work with, you really have nothing to do. So there needs to be a ...