The 10 Biggest Mistakes New Multifamily Investors Make
Thursday, August 02
Zig Ziglar once said, “Some of us learn from other people’s mistakes, and the rest of us have to be other people.” The wisdom there is simple, yet profound: you don’t have to repeat other people’s mistakes. In fact, you’d be crazy to.In my 40 years as a real estate investor, educator and coach, I...
Is Debt Really That Bad? Utilizing Debt vs. Equity
Monday, July 16
If you’ve already purchased investment property, you may already have some knowledge about the information presented in this article. Although I go fairly deep, you could skip this one if you like. If you have never owned investment property, this information will definitely add value to you. “...
12 Tips For Successful Networking
Tuesday, June 26
Some people say the key to success in real estate investing is location, location, location! That’s true, but I tend to think it’s also network, network, network! In any business, you need to network. In multifamily real estate, you absolutely need to network. Think of all the primary connectio...
10 Steps to Your First Small Multifamily
Wednesday, June 13
Are you ready to purchase your first small Multifamily Property? The small Multifamily real estate market (2 – 30 units) is a niche with little competition that’s ripe with opportunities. The majority of the owners of these size properties are “mom and pops” which often means below market rents...
10 Ways to Find Good Real Estate Deals
Friday, May 11
When it comes to finding deals, I often refer to the 150-15-5-1 formula. For every 150 properties you look at, 15 will be worth pursuing. Out of those 15 properties, you’ll submit an LOI or a contract on 5, and out of those 5, you’ll probably only close on 1. In other words, you’re going to have...
Tenant Turnover: Its Costs and What You Can Do to Minimize Them
Friday, April 20
In the multifamily real estate business, cash flow is king. That means one of a landlord’s highest priorities should be to keep occupancy rates as close to 100% as humanly possible. Anything less than that and cash flow will suffer.That’s why tenant turnover is a silent killer.Turnover happens wh...