Analyzing a Deal: Why ROI is Not the Only Variable to Consider
Thursday, July 09
Would you be happy if you found an investment that would return 40% a year? Most investors would say yes to this question. Now, does your opinion change if the chances of you losing your money were 50%? What if the investment size offered was only $5,000 but you had $500,000 to invest? Often I ...
Niche
Tuesday, June 30
Do you want to know one surefire way to fail at your goals? This is something I learned in business a long time ago, the hard way. Actually, I learned a lot of things the hard way, but this one sticks out to me because I was warned about it and still made the mistake.If you want to be successfu...
Six Questions to Ask Yourself Before you Hire a Property Manager
Thursday, June 11
Being a landlord can be an agonizing and very rewarding business. I have been a landlord for over 14 years and currently have 55 rental units. I happen to love it, but it is not all roses all the time. Surprisingly, being a landlord is not that tough and you can manage many units without a lot ...
Two Ways To Increase Cash Flow On Your Rentals
Friday, June 05
We joke in the office once every four weeks or so about how much we love the first week of each month. The rent comes in and our bank accounts get larger. It is such a great feeling to know that you are making money each month without much, or any effort. That is one of the reasons I love inve...
3 Ways to Find Motivated Sellers on a Shoe String Budget
Monday, May 18
“Sorry Ryan. I know it will be fun, but I can’t go because I don’t have the money.” This was a response to my friends that was far too common. It was about 14 years ago when I was trying to break into the real estate industry. I was working my way through college, trying to buy houses, and won...
The Rules When Buying a Negative Cash Flow Property
Friday, April 24
Sometimes buying a property that has negative cash flow makes a lot of sense. This is especially true in the commercial space, but there could be big upsides in houses too. At first, I would tell you not to speculate and only buy a negative cash flow deal if you are confident you can change tha...