Exact Steps Needed to Purchase a Property at Foreclosure Auction
Wednesday, March 18
Breaking It DownMany inspirational real estate books refer to simple phrases such as "buy a foreclosed property at a discount", which contain many processes and intermediate steps with the overall task. I dove into buying foreclosure properties without any mentors who had done it before, so unloc...
There Are Enough Deals For Everyone
Wednesday, March 18
Getting StartedWhen I first started buying foreclosures in 2012 (in King County and Snohomish County, WA), I attending investor meetings every Thursday night to review properties and prepare bids for the Friday morning auction. Seeing the swarms of investors, who seemed to be experienced, it was ...
How I Initiated My Rental Property Business With No Money
Sunday, March 15
Decision to InvestIn Spring 2012, I made the definite choice that I wanted to invest in long-term buy-and-hold real estate. The problem was, I didn't have any cash reserves, and my occupation as a musician and yoga teacher didn't produce the required steady W2 income necessary to quality for a m...
Techniques For Buying Undervalued MultiFamily Properties
Tuesday, March 10
In the last few years I've been investing in multifamily properties in the Seattle area to hold for the longer-term. I try to target undervalued properties where there exists some creative acquisition angle allowing for the creation of immediate equity and cashflow. These are the three techniqu...
Multiple Streams of Benefit Flow to Long-Term Rental Owners
Monday, March 09
One of the most attractive aspects of owning real estate long-term is that financial benefits flow to the owner in a variety of ways, and accumulate continuously with the passage of time. Rental properties certainly require some regular attention, but this can be minimized with the help of a goo...
Calmness: An Invaluable Trait for a Real Estate Investor
Monday, March 09
The Investor Must Be Like A PendulumOne of the unique aspects of real estate investing is the wide range of activities that are required. It is necessary to be like a pendulum, ready to swing into action at any moment to handle a new incoming issue, and then return to the center, ready to procee...