Multi-family vs Single-family: Which is Better?
Monday, November 14
It reminds me of the old Miller Lite commercials; "Less Filling!" "Tastes great!," the constant debate on what is a better investment, multi-family/small apartments or single-family homes. So where is the best place to put your hard earned profits? I often think about where to put profits, a...
Why Non-Conforming is a Risky Strategy
Monday, November 07
They are all over town, the investment properties that seem too good to be true when you run your numbers. This is not always the case, but usually there is a reason for the price. A property can be non-conforming for several reasons of which I explain below.Size - We normally see this with lar...
Using Rent to Own as an Exit Strategy
Tuesday, November 01
As we hit the colder months real estate investors are starting to get anxious about the properties they have on the market. With this anxiety comes alternative strategies to liquidate inventory. One of the most popular is ‘rent to own’. Rent to own is a great exit strategy if done correctly. ...
Struggle and Triumph
Monday, October 24
What I learned from a close friend and his 14 year old daughter:Are you motivated enough to reach the top? I witnessed the most amazing thing a few weeks ago. My good friend and his family, along with me and another friend, decided we wanted to tackle a 14er. I have never been to a summit that wa...
How A Wholesaler Can Break Your Rehabbing Business
Monday, October 17
I love wholesalers and purchase most of my properties from them. For me, the idea of paying someone to bring a deal that I know I can buy is very attractive. When you buy from a wholesaler, you know what you are getting. This is very different from making offers on foreclosures, short sales or...
Four Strategies To Buy Rentals With No Down Payment
Monday, October 10
This tends to be a pretty controversial subject, and for good reason. When I was getting started in the business, I was young and broke and had no credit to speak of. I was not qualified to borrow money, yet I figured out how to buy properties, and I bought a lot of them. It was not long befor...