Look, life happens. People lose their jobs or face unexpected expenses and they’re unable to pay. Even the best tenant screening process in the world doesn’t screen for events that might happen to your tenants in the future. Regardless, this Tony Robbins axiom rings true: You get what you tolerate.
Buying groups of properties at once is a great way to rapidly increase your portfolio. The key is being able to find, evaluate, and finance such deals.
Before you read any further, I need to warn you. This post might be a bit… gross. So as long as you are not in the middle of eating that leftover Chipotle chicken burrito, stay with me and you’ll learn the story behind one of the most transformational shifts in my real estate business.
Starting out in real estate investing can be VERY overwhelming for newbies. There is so much information and knowledge out there to consume. In today’s video, I share three powerful and important questions all beginning investors should be asking themselves as they begin on this journey.
Grant Cardone loves to offer advice that folks shouldn’t mess with houses and small multifamily and should go to the big stuff right away. We have to accept that Grant’s advice is both very wrong and very right at once. In this article, we will explore both sides of the argument.
While your business might not be at the point where you need to implement all of the above safeguards, you definitely need to start thinking about this as soon as you hire employees. Unfortunately, theft is a cost of doing business these days. But like with all costs, you want to keep this one as low as possible.