Ten characteristics RE Investors need to be Successful
Sunday, June 07
Ok folks...... What character traits do you need to have to be a successful RE Investor in my opinion???? Based on a decade plus of dealing with both experienced and novice investors I feel the following character traits will serve you best as an RE Investor.1. Active- opposite of lazy, get out t...
Top Ten Things Someone Should Know Before Becoming a RE Investor
Tuesday, March 17
So here is some unfiltered truth for new investors!1. Expensive courses are usually a waste of time- avoid anyone wanting big $ for education. You can learn more from a mentor directly.2. Mentorship is just about the only way you can avoid costly mistakes in this industry up front. Find a mentor ...
Contractor Fraud in Numbers
Thursday, February 27
Here is a summary of the Homeadvisor Piece they did on Home Improvement Fraud & Scams from 2012. Assume the numbers are worse now! 1. Home Improvement Fraud & Scams is a 1.4 Billion dollar a year industry 2. 1/3 of homeowners fear fraudulent activity by their contractor 3. FTC received 1...
Top 10 Reasons You Will Fail as a RE Investor
Sunday, February 16
The road is wide but the path is narrow to becoming a successful RE Investor. Here are my top 10 reasons you will fail based on my experience.1. No plan- most people become investors because it looks good on tv or they come across a class promising them they will make 50K a year without working o...
Top 10 Reasons to Hire a Property Manager
Sunday, February 16
So.... you are a landlord and want to make mailbox money huh? Let me give you the top 10 reasons you need a property manager in no particular order. 1. 2 AM calls for water leaks 2. Better tenant screening 3. More knowledge and expertise in regard to laws, contracts, litigation, etc. 4. Evictions...
Loan Assumption Mistakes I've Made That You Can Learn From!
Saturday, February 15
I've been doing these for about 15 years so I could talk about this topic for days! Where to start.... All of these have cost me money, time, hair and sleepless nights. The best advice I can give anyone wanting to do Loan Assumptions & Wraps is to "MAKE A THOROUGH CHECKLIST AND STICK TO IT" ...