A great part about using real estate as your form of alternate income is that you can become even more successful during the downturn in the economy. As people are losing their jobs, because of your hard work, you STILL have income coming in. You have someplace to live in worst case scenario and won’t leave your family homeless. And,
Finding a real estate agent seems like an easy thing to do, but I ran into a few obstacles I had to overcome. A real estate agents financial interest is selling the most expensive house they can. My interest is finding the more affordable rental properties as low as I can, and multiple times. It takes a few bumps in
As part of my search for houses under 30k, I went into about 20 different abandoned homes in the Baltimore, MD area. It wasn’t always the best neighborhoods, and rarely was it ever bad for me to refuse to enter at all. I didn’t have fire power, so I used a very good flashlight and my pepper spray. You can
Sometimes, when a contractor finishes a job, you are less than satisfied. Sometimes your shocked, appalled, and wondering what the heck the contractor was thinking to think you would be okay with the job or mess they left. This webisode deals exclusively with concrete ways to mitigate the situation deteriorating, and gives some guidance on how to “save” a situation
Choosing a contractor can be the best, and the most irritating, aspect of real estate investing. The contractor search and estimate gathering does get relatively smoother as you get better at sizing up your future “temporary employees.” After doing this for a while, I have new respect for hiring managers in corporate America. Good workers can be very hard to
When I invest in these rental properties, they are not always in the highest classes of neighborhoods. They’re really not. So, I want to make a point to people who want an affordable investments: Just because you wouldn’t live there doesn’t mean its a bad investment. You have to evaluate all the options, all available neighborhoods, mitigate all obstacles, and
Here is one more financing gem on getting money to finance your rehab of your real estate investment. This is a technique I’ve used 3 times, and definitely plan on using again for my next rental property. This is an easily accessible strategy, and can really big into a huge snowball effect year after year. If you use this to
Here is where I can explain how you will still definitely have options in real estate, and the time lines, and some tips, on how to recover from a foreclosure. Foreclosure is a hard lesson to learn, and learn it I did, but you can get back on your feet and become credit worthy again with some knowledge and hard
(Get the Sub30k Private Video Collection To See The Video Demonstration For This, And For 60+ Other Real Estate Investing Training) This is an investment how to on how I qualify my property searches. This is why and how I use the internet to do my Leveraged Analysis Technique of finding properties working class neighborhoods (WCNs) This video demonstration will
Here is my introductory podcast, where I explain why you should listen to anything I have to say. I have 4 rental properties that I purchased for less than 35k each for rental income, and explain experience I have that I am bringing to you as an audience member. I have found a formula that is not a get rich