5 Ways To Fund Your Fix & Flip Deals
Saturday, March 04
There will be a time where you will need to have access to many different funding sources. There are pros and cons of each but consider each of the following for your next real estate investment project.BanksBanks have cheap interest rates, but at the same time, they’re harder to deal with. Th...
Real Estate Numbers Don’t Lie
Tuesday, February 07
A lot of real estate investors know that the formula for purchasing a property is 65% (70% max) of the after repaired value (ARV) minus your construction costs.That is not just a made up number— the reason is that if you buy any higher than you will have risk of not making money and maybe even lo...
Active vs Passive Investing
Friday, January 20
What do you think is a good rate of return on your money? The return should be much different depending on if it's an active or passive investment.I talk to a lot of real estate investors who use their own money for all of their deals. They tell me their profits and returns they make and most ti...
How Interest Rates Affect Our Business
Monday, January 09
Know matter what side of real estate you are in, interest rates will affect you. Here is an easy example... Let’s say you’re looking to buy a house for $100,000 and the interest rates are currently at 4%. Your principal and interest payment would be about $477 per month. Now lets say the inter...
When is the right time to hire a coach?
Wednesday, December 21
The best time to hire a coach (or do anything) is right now. It doesn’t matter where you are currently in your business, its important to have an independent person to help you reach your goals, have someone to talk to through situations and most importantly have someone constantly hold you acco...
Do You Focus on Acquiring New Clients or Retaining Existing Clients?
Wednesday, December 14
Acquiring new business and clients along with retaining existing clients are equally important in running a real estate investing business. For the moment, let’s take the acquisition of a new client out of the picture. Of course you need to market to procure new buyers, sellers and lenders. Ho...