12. Free Content

This audience question is submitted by Joan P. Thank you, Joan! Her question was do you create your LLC before or after you purchase your rental property. If you are going to go the LLC route (and I discuss reasons why some people have rightly chosen not to), then you need to create the LLC beforehand. This is make sure

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Here is Mike Kim, who I mentored through his first real estate investment deal. When Mike heard that I purchased real estate investment property under 30k, he was intrigued and interested in hearing more. Back then, we were co-workers just discussing investing. With his interest peaked, we both went and searched for investment properties, and we both purchased at the

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This was an audience question submitted by JoanP, and thank you very much! Cashflow is an important part of real estate investing, because when you are earning more than what your monthly costs are, now you’re in business. Monthly cash flow is the amount of net cash left over after covering mortgage, repairs, taxes, insurance, etc. The carrying cost for

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Hi! The choice of what to do when if you have any positive cash flow (cash flow being the profit you make monthly/annually after accounting mortgage, taxes, repair expenses), and whether to keep that money in your pocket or pay off your mortgage early is a personal decision. For some, the choice can be to keep the money, and to

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Here is a book review that helped to spark my creativity when it comes to purchasing houses under $30,000, and it has been very financially rewarding decision. This isn’t your standard real estate or finance book, but its an outside the box thinking of how you can live comfortably with little or no money. This book is different and not

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This is an audience question submitted by Joan P, on how to deal with maintenance issues when your long distance like snow removal. I understand where she is coming from, and I am sure that you in the audience have the same questions, and a little bit of fear and uncertainty around the edges when it comes to these responsibilities.

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Here is another audience question. This is an overview of the common patterns I see in closing. Depending on if your extremely new or experienced, this may be a lot more helpful to people who are new to real estate investing, but maybe some commonality can be shared amongst experienced investors.

My first Audience Question comes from a subscriber that sent an email saying she’s followed my blog, has gotten a solid list of leads in an affordable price range, and wanted to know how they might overcome first time jitters. For all you newbies out there, this episode is especially for you!

Hi all! This is my review of the two most popular tax software, H&R Block online software and Turbo Tax. I have been doing my own taxes since I was 18, so I grew up with tax software. I have consistently used both, and my view is that Turbo Tax offers way more benefits than H&R Block, so that is

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I was chosen for REIClubs September 2013 Investor Success Spotlight through their facebook page. Thank you so much REIClubs for letting me share my success story and my lessons learned! Link To REIClub Article!