In What Manner Will You Be Holding Title?
Tuesday, February 24
You may have been asked this question at some point: “What manner will you be holding title?” And if you are like most people you probably responded by saying “what?” In fact most mortgage brokers and Realtors don’t even know what that means. It is important if there is ever a death with someo...
Invest In Main Street: The Steady and Secure Portfolio
Wednesday, February 18
As we spoke on the phone, I could hear the pain in her voice. It was not long before I sensed the tears rolling down her cheeks. Barb had lost half the portfolio she worked so hard and long to accumulate.Many of us are like Barb. We rely on customary investment strategies and purchase stocks a...
How to Find More Deals Than you can Handle
Monday, February 16
There is a serious need for investors to be able to find great deals right now. It is not uncommon to make 30 or more offers to find one deal AND it is not uncommon to be competing with 30 other offers on each deal you look at.Can I let you all in on a little secret? There is a higher demand fo...
The Worst Goal You Can Make: A Lesson from a Professional Investor
Monday, February 02
Stephanie and I were having the time of our lives. We were young, recently dating and had similar interests. She and I went into business together and quickly became what others saw as “successful real estate investors.” Other investors in our community looked up to us because we were buying a...
Buy a House and Leave Closing with a Check
Wednesday, January 28
The first time I did this I purchased a rental and left the closing with a check for $21,000. Things have changed a lot since I did this, and frankly the way I did it was reckless and not recommended. With that said, there are a handful of savvy and safe ways to buy a house and leave with a chec...
Reluctant Buyer: The Power of “No”
Friday, January 02
I stood up and said, “Sounds like this is not going to be a good fit. Thanks for inviting me over,” and I headed for the door. I got about half way across the room when Andy said, “Wait! Come back and let’s see if we can work this out.” Twenty minutes later I walked out of the house with a cont...