The Persevere Mindset
Friday, August 11
Faith. Passion. Courage. Determination. Strength. I could keep going, but you get the idea. Being an entrepreneur is not for the faint of heart. Having an idea does not make you great. Even passion alone does not immediately turn into a well of greatness. There is a quality shared by successful e...
You’ve Done a Few Flips, Own a Few Homes and Now You Want to Scale
Friday, August 04
First, why do real estate investors want to “scale”? The word scale that I’m referring to is derived from the term economies of scale. One definition denotes it as “the cost advantage that arises with increased output of a product”. With rental properties this is true, there is a cost advantag...
Want to Owe the US Superfund for a Cleanup On a Real Estate Deal?
Monday, July 17
When buying commercial real estate, there are some ways you can save money on your due diligence. You may think you can save a few bucks but you are risking a magnitude of more money. Yet, there is one third party report I would not skip. In my previous article titled Important Due Diligence D...
Important Due Diligence Documents for Commercial Real Estate
Sunday, July 09
Frequently I’m called upon to underwrite a property. Whether it is for a loan or a purchase for an investment property, some principal or borrower needs to know if their real estate asset will perform as expected. There is a complex process I go through when underwriting and I cannot cover that...
Five Reasons You Need to Understand Due Diligence & Be Involved
Monday, June 26
You may have noticed this article is not titled Five Reasons You Need to Do Due Diligence. I’m going to assume you already know you should be doing your due diligence before any investment. Though, you may be asking yourself, “Why do I have to know this, as my buying agent, broker or partner kn...
What Exactly is a Cap Rate?
Monday, June 19
Do you know what a cap rate is? When I first started flipping properties I had no clue what it was. When I first started I was concerned with one thing only which was cash flow (and you should be too). However, when you expand your horizon and look at larger projects with varying monthly cash ...