2. Audience Questions

26
Jan

0076 Mortgage Loan Definitions You NEED To Know!

*ps I had to make a lot of edits, sorry if its choppier than usual!* **pps I was squinting a lot because of my contacts. Sorry!** Here is another interview with Kwasi Jenkins, who shares with us the loan definitions everyone needs to know, why they need to know it, and how knowing it will make getting their mortgages smoother.

Read more

7
Jan

0070 Interview Joe Fairless’ First Apartment Syndication Deal

This is an amazing interview with Joe Fairless, someone who jumped from four rental income properties, to raising a 1.3 million dollars to acquire his first apartment building. Please joins us as you get into : 1) The art of syndication and raising money 2) unique traits that Joe brought to the table 3) How Joe purchased 4 rental properties

Read more

2
Jan

0068 An Interview about College Campuses and Working Class Communities

Please listen to this interview with Alex Anderson, a Milwaukee, WI real estate investor, as we discuss his low balling offers, and his burgeoning niche market of working class Thai, Hmong, Laotian community for cash flow. This is an interview filled with a lot of insight into how one can go about making deals on houses and for renters.

17
Dec

0064 Audience Questions: Financing, Quickest Way To Close First Deal, and Coordinating Contractors

Hello, These were questions that were submitted when members first signed up for my newsletter, and got their first crack at submitting their first questions. The questions addressed today are: 1) How did I go about financing my rental properties and their subsequent renovations 2) Whats the quickest way to close your first deal 3) Can a contractor go with

Read more

10
Dec

0061 Audience Questions: Lead and Mold Removal, Finding Tenants, and Renovation Costs

Here are audience questions submitted through the survey that is sent when you sign up for my newsletter. I will give you my advice on the following: 1) What Do You Do About Lead Paint 2) What Was The Breakdown Of The 13k House 3) What About Flood Damage – Did I handle It Myself Or Hire It Out 4)

Read more

2
Dec

0056 Audience Question: Should You Purchase A Tenant Occupied Property

This Audience Question is submitted by Joan P. Thanks Joan! Good luck on your real estate investing! Yes, purchasing tenant occupied property can work out, you just need to do your due diligence. This involves seeing 6 months of rent payments, doing a walk through to see how the tenants are keeping up the house, viewing the current rental agreement,

Read more

26
Nov

0053 How I Purchased 4 Rental Properties, All Under $35,000

A common question I get asked if how did I purchase my rental properties, all which were under 30k, and making more than $900 in rents each month. This was through 4 different products/financing instruments: 1) Conventional Mortgage 2) Depleting my 401k 3) Titling My Car 4) Personal Loan From the Credit Union. These aren’t really “normal,” but at my

Read more

25
Nov

0052 Audience Question: Do I Create An LLC Before or After I Purchase My Rental?

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

Read more

18
Nov

0047 Audience Question: How Much Cashflow Makes A Property Worth Investing In?

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

Read more