Raising Rents in Self Storage: Rip the Ban-Aid off
Tuesday, May 17
My Philosophy on Raising Rents: Rip the Band-Aid off While there are many factors in raising rents and the best to way to go about doing so, I subscribe to raising rents to get customers to market or very close to market as soon as possible regardless of the amount of price increase needed to do ...
Considerations Before Becoming a Private Money Lender Part 2
Wednesday, December 09
In Part 1, we discussed mistakes to avoid when private money lending. In Part 2, we discuss guidelines for successful private money lending. The top two reasons I lend on deals like all things come down to time and money. Most of the deals I lend on I am also the realtor or wholesaler, which me...
Considerations Before Becoming A Private Money Lender Part 1
Saturday, November 28
CONSIDERATIONS BEFORE BECOMING A PRIVATE MONEY LENDER PART 1 As an investor and private money lender I have seen and experienced many different situations over the years. For those of you that follow my blog I like to teach and learn through examples and case studies so let’s review the biggest ...
Money in the bank is STILL worst than in a bad real estate deal
Friday, October 23
Like many of my posts when I see topics of conversation become more common and I find myself explaining it more, I like to write blog posts and then just refer others to the posts. One of the things I have seen primarily from newer investors is after 1-2 years of looking at their real estate inv...
Being a BP Podcast Guest was the best..and worst thing to happen to me
Wednesday, July 22
Its been over 4 years since I have been on the Bigger Pockets Podcast and ALOT has changed. I have done over 100 million in transactions (alot more actually) as a realtor, investor, wholesaler, principal, consultant and then even more as a passive investor. I personally bought my first commerci...
Why I lend money to my clients....
Tuesday, July 07
Over the past decade I have been fortunate to be more selective on my real estate investing, both in ventures I commit my time and money to but also who I work with. I recently posted on a deal in which I found the deal for my client, made a commission on the purchase, but then in addition sell...