Real estate investors often become obsessed with metrics, walking away from what could’ve been a great deal because it fails to hit certain numbers. This is a mistake and can cost you big. Why? Because time is money. Let me explain.
Fixing and flipping houses looks cool on “reality” TV, but in actuality, many are finding that it isn’t nearly as profitable as what it is perceived to be.
Are you financially stable? Check in with these seven signs of financial stability and three signs of financial instability to find out. Room for improvement? (You’re not alone.) Grow your wealth and work toward financial independence with these tips and tricks.
When evaluating a real estate opportunity, you truly need to keep your analysis simple and make your estimates conservative—and then apply a margin of safety to your numbers. Applying the margin of safety cannot be stressed enough. Here I explain why and how to go about it.
Experience has led me to believe that the majority of turnkey companies out there are putting a ton of pressure on the investors that reach out to them to buy a property. If this is happening to you, run the other way—fast.
Have you encountered online businesses offering to form an LLC for you at an extremely discounted price? Tons of sites peddle extremely cheap (or even free) articles of incorporation or other LLC-pertinent documents. However, buyer beware! These offerings are usually too good to be true. Here’s why.