Tag: investment how to

In the last 4 years of doing real estate investing in lower income neighborhoods, there is an acceptance of things I once thought were unacceptable. However, you start to get used to some things that used to scare you in your thoughts, but with familiarity, doesnt scare you anymore. Of course I always encourage everyone to be cautious and careful

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Home Owners Associations (HOAs) are the most annoying entities on the planet. As a real estate investor, they will have more input on your business on average than any local city council or state regulations. As a rule, unless there are no other options, I will avoid these because its an add layer of rules and regulations on your investment

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As you get started in real estate, you realize that even though you have a contract, one thing you will learn that Contractors, Property Managers, and other people you pay feel a little entitled and that they REALLY don’t have to follow one. Its frustrating and annoying, which makes it even more important for you to get an air tight

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Here I go over my typical workday, incorporating a full time job with real estate investing. Its not necessarily easy or truly hard, however there are some adjustments you may need to make to your daily operations and thinking, so you can be effective and not get in trouble on the job about your outside activities. Enjoy! **at 2:45 I

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Here are assurances for those of you interested in real estate investing (REI), but are a little intimidated at the enormity of the entire process. To sum up: This is hard work, but its not complex. You will have to put in the time for choosing contractors, paint colors, upgrades, and repairs, but there is nothing about this that is

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I am a big believer in having a mentor. I see myself as that role in the advice and experience I can give you, as well as think its important to find a mentor where you can to learn from their successes. A mentor can be a person you know already involved in real estate, someone that puts out a

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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

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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

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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

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Financing the Rehab: A little different perspective. This is where I explain how accumulating Credit Cards for Home Improvement Lines of Credit can add up to more than 30k in available credit to finance a rehab. Of course, use credit wisely and use technology such as automatic payments on billpay to not be late, but this is a way to

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