When investing in multifamily units, it is so important to take our emotions out of the equation. Use the numbers and a healthy dose of intuition and your investment portfolio will continue to grow and be successful!Read More
When investing in any situation, you want to do your research. This is especially true when investing in a multifamily asset. Do your due diligence at the front end so there are no surprises for you. Your portfolio will thank you!Read More
Everybody has to start somewhere when it comes to investments, and it’s no different when it comes to investing in multifamily units. Education, securing funding, and building solid partnerships and relationships are the corner stones to successful investing. The first deal can be challenging or scary, but it is so important to take that first… Continue ReadingRead More
When the foreclosure moratorium was put in place last year….
That didn’t mean that foreclosures disappeared.
They’re slowly building up in the background…
Even as the current market inventory is the lowest it’s been in 30 years.
Here’s how you can profit in the short-term
AND the long-term. Let’s strategize together.
Successful real estate entrepreneurs know it’s not about the money.
It’s about the relentless pursuit of personal freedom. Whether you are already an entrepreneur, or you still have a 9-5, I’ve got four suggestions forhelping you carve out some personal freedom from your life right now.
Scaling a business up to eight figures sounds amazing, but many entrepreneurs get trapped at the $5 million mark.
See how entrepreneurial coach Alex Charfen teaches business owners how to create a business system that allows them to finally step outside the business and reinvest in themselves.
Using only a piece of paper.
If the idea of a lawsuit sends shivers down your spine, that should be your sign that you’re not
adequately prepared for frivolous lawsuits. Prevent fraud, protect your assets, and keep more of
what’s yours when you follow the advice of attorney and real estate guru Garrett Sutton.
As the author of Scam Proof Your Business and the owner of Corporate Direct, Garrett helps
business owners and entrepreneurs form airtight LLCs in business-friendly states.
When a bank shuts down your $50 million credit line, what can you do?
Turn to the strength of your reputation.
Flipping Boston star Dave Seymour started raising capital and investing on his own when he realized that investors who controlled their own capital controlled their own destiny.
Do you have to sacrifice your family life to build a business? Adam Adams’ path to 1400 cash-flowing multifamily units and 7 joint syndications says “No!”. See how he built a better team, a better business, and a better family life focusing on the life he wanted first.Read More
Are you ready to raise more money this year?
Adam Adams, aka “Triple A” uses the same 3 pillars that I do to raise passive capital for multifamily syndications.
Read how Facebook, a podcast, and real estate seminars can create a reputation that can raise $2 million for an investor in only 72 hours.
At some point, the mortgages that are in default because of the pandemic will have to true up their past balances, or they’ll be foreclosed on. With banks setting aside $29 billion in preparation for these potential losses, there’s no getting around that the coming foreclosures are going to have a big impact on the housing market. Daren Blomquist from Auction.com lays out what he’s seeing and his predictions for how the next two years might play out. Don’t miss my personal recommendation for how you can position yourself to ride this wave to higher ground.Read More
Ignore the rumors, hunches, and gut feelings from media talking heads. Turn to real-world data with Daren Blomquist from Auction.com for short-term and long-term trends in the housing market that can help guide your investment strategy for the next year.Read More
Every income stream you add to your portfolio creates more financial security while reducing your exposure to risk. Some of the most common forms of income streams are earned income from a W-2 job, interest earned from bank accounts, residual income from royalties, or profit income from selling an asset like a boat, a car,… Continue ReadingRead More
Click on one news story about Gamestop, and suddenly every news story in your feed is about GME. The algorithm can change your perception of the world around you, and that can have real world consequences on your investment strategy. Lose less when you use technology to outsmart your own emotional decisions.Read More
After being diagnosed with Guillain Barre Syndrome, AJ Osbourne realized that his income was tied completely to his ability to work. That was the moment when he decided to build passive income with self-storage units that could support his family no matter what his health was like.Read More
Wholesaling a house and wholesaling a commercial property isn’t that different from each other. Peter Conti, who literally wrote the book on commercial lease options, shares some personal advice for how to take the first steps into this lucrative real estate niche.Read More
If you’re hungry to leave the corporate world behind, but you’re still hesitating for whatever reason you’re making up in your head, Mike Simmons wants you to skip all of the mistakes he made. Get your mindset right and build yourself a million dollar real estate business this year using systems and massive action.Read More
I love hearing about how people overcome an adverse environment and rise above their circumstances with hard work. My father filed for bankruptcy when I was in fourth grade, and I was raised in a 1300 square foot house with a half-finished basement. Today I credit a lot of my success to my humble beginnings… Continue ReadingRead More
Andrew Keel from Keel Team stumbled by accident onto the manufactured home niche. While looking for wholesaling leads, he found a willing seller with 2 mobile homes that he purchased for $2200 cash. Intending to wholesale them like he’d been doing, he posted the units on Craigslist and had over 25 interested buyers in 2… Continue ReadingRead More
Scott Krone has been in real estate for over twenty-five years, and although he used to do commercial and residential properties of all kinds, he recently switched to focusing solely on converting warehouses to self-storage units. He was seeing a tremendous amount of volatility in the single-family area of real estate, and then on the… Continue ReadingRead More
Punching that 9 to 5 clock isn’t for everyone. Some of you have dreams that are bigger than your day job, and plugging away for 40 years isn’t going to get you to that point. In 2008, when Leslie Awasom saw his nurse co-workers lose half of their 401Ks in one stunning stock market drop,… Continue ReadingRead More
We knew even back before the start of the pandemic that a recession was coming. We’d been predicting that within 12-18 months, we were going to see a slow down in the economy, but of course we could never have predicted 35 million people would be unemployed or that everything would seem to happen all… Continue ReadingRead More
Real estate is about relationships, but those relationships are hard to build or maintain when so much of our lives have gone virtual in the last year. Where we used to meet for lunch or chat around a boardroom, we’re now opening up cameras for Zoom meetings. Covid-19 has really changed the way we interact… Continue ReadingRead More
I own the Ohio Landlord Association with my good friend Jack Petrick, and after a fantastic meeting recently, I knew that I wanted to share my strategies for managing my multifamily buildings. Skip the mistakes I’ve made and apply these twelve tips to your properties today. #1 Whether you choose a daily or a weekly… Continue ReadingRead More
You have to be able to measure your success or you’re not going to be able to see what works and what’s broken in your business. Neal Bawa is known as the “mad scientist of multifamily” because he’s taken data science in real estate investing to the next level. He’s removed emotion from the buying… Continue ReadingRead More
When the market hits the bottom, it’s going to bounce off the bottom for two or three years.
That’s enough time for you to pull a real estate team together, scale up your business, and prepare to invest in the homes that are coming to the market in 2021.
It’s no secret that I love buying class B and class C apartments and upgrading them. My real estate strategy relies heavily on purchasing apartment buildings where I can add value to their purchase price by renovating and bringing them up to today’s standards. When it comes time to adjust the rents, tenants are happy… Continue ReadingRead More
It is a daily battle to decide every day where the highest and best use of your time should be. Brand-new entrepreneurs and seasoned CEOs both have to make choices that push back against the idea that they have to do it all, and they have to reject the idea that they’re the only one… Continue ReadingRead More
For those of you who want to get involved with real estate but you don’t have a network, then I want you to know that even someone starting from scratch can still make this work. Tenny Tolofari immigrated to the US from Nigeria about 10 years ago. Starting from scratch meant more than just starting… Continue ReadingRead More
Buckingham lawyers David, Richard and Nate talked with me previously about PPP loans in the commercial real estate space, and how real estate investors can stabilize themselves through the state shutdowns. With their extensive experience in receiverships and bankruptcies, all three of them understand the potential trajectory of many businesses that are on the edge… Continue ReadingRead More
State shutdowns, stay-at-home orders and public health restrictions have thrown a massive monkey wrench in 2020’s economy. The government swooped in with a massive bailout, and it seemed for just a minute that if businesses could just hang on through the shutdowns, then we’d all make it through. Real estate and tax attorneys David, Nathan,… Continue ReadingRead More
After losing everything in 2000, Bob Fraser from Aspen Funds started looking around for a better real estate strategy. When he met his partner, who’d lost everything in 2008, they had enough experience to know that when they lost everything, it all returned to the hard money lender. That’s when their big idea hit them… Continue ReadingRead More
There’s been a big focus by a lot of housing developers to go after the Gen Z market by building up studios or one-bedroom apartments. But real estate developer Scott Choppin took a look around and decided that that wasn’t the direction he wanted to take. Gen Z and Millennials are the largest demographic cohorts… Continue ReadingRead More
I want to give you some thoughts and reflections about what’s going to happen over the next couple of months and where I think the opportunity is going to show up. Currently, I have over 3,000 units of multifamily as a general partner, and I anticipate buying more as distressed properties start coming on the… Continue ReadingRead More
Over the next few months, you’re going to see a lot of misleading data. It might be from the mainstream media or from new investors who are nervous about the changing real estate market. Maybe somebody has PTSD from 2008 and they can only see another Great Recession around every corner. I’m going to set… Continue ReadingRead More
Jack Petrick and I have been good friends with each other ever since we met through our kids’ soccer team. I’ve been one of Jack’s primary private lenders on a number of his buildings, and we’ve purchased multi-family units together as well. Jack was a firefighter who did real estate on the side. Like many… Continue ReadingRead More
As everything has gone virtual to deal with the pandemic, it might have put a crimp in your plans to wine and dine every investor you come across. But this is actually an amazing time to shift raising capital and finding new investors to the online world. By using digital marketing, you can put your… Continue ReadingRead More
For the first six or seven years of my business, I was a wholesaler primarily focused on short sales and pre-foreclosures, and then I moved into flipping properties and rehabbing. Today, I’m mostly a private lender for flippers, residential properties, and commercial deals. As the market’s changed, I’ve adapted my business model to take advantage… Continue ReadingRead More
Everyone’s always worried about another crash. They want to know, “Are we at the top of the market?”. They’re worried because they don’t want to lose their investments. The thing is, if you bought the house at the right time and you’ve got a tenant in there, then as long as you can cover that… Continue ReadingRead More
Gary Stouffer, the CEO of Stouffer Realty in Ohio, has been in business for 45 years. With this kind of longevity in the business, he’s been able to see every kind of market cycle, and he knows how to build a business with an eye on long-term growth. Even after 45 years, Gary is still… Continue ReadingRead More
I think all of us have a secret drive for freedom, and since many of us grew up playing business games like Monopoly, that means that we see business as a way to pile up large amounts of cash. Entrepreneurship is a big ol’ game, and if you have fun with it, it can be… Continue ReadingRead More
Sometimes we get complacent and we need young guys to come in and disrupt our notions of how things have to be done. Steve Morris at Red Door Renovations has taken a fresh look at real estate because he didn’t know the way things were “supposed” to be done. And it’s proven to be highly… Continue ReadingRead More
The question on everyone’s lips right now is, “Are we going to have another housing market crash?”. Rob Swanson is the CEO of Freedom Soft, which is one of the world’s best real estate automation tools. He’s been investing in real estate for 20 years, so he’s seen his fair share of changes in the… Continue ReadingRead More
Can you imagine if you’d started your real estate investing life in college? Antoine Martel from Martel Turnkey was studying for finals and flipping rentals thousands of miles away. And in the last year, he’s added hundreds of single family homes and multi-family units to his portfolio. Recent college graduates may have just graduated with… Continue ReadingRead More
We see all the time that an entrepreneur doesn’t want a boss or a job. Instead, on their way to building their business, they end up becoming their own boss and their own job because they’re working so hard that they can’t stop and step away. They put the handcuffs on themselves, and they don’t… Continue ReadingRead More
Real estate is the tool that can help you build the life you ultimately want. How big are your goals? Are they bigger than your fear? Many people come into real estate with a self-limiting belief about what you can do, but Sterling White is a success story that will destroy your fear-based excuses. Sterling… Continue ReadingRead More
Frank McKinney doesn’t see himself as a real estate developer. He calls himself a developer of ocean artistry; he builds beautiful homes on the ocean for the world’s ultra-rich. And because his target audience is so small, he has to get the word out about his work. It’s not about ego or glorifying himself; it’s… Continue ReadingRead More
At the end of every bowl game or football season, they always interview the coach. And they want to know, “How did you make your winning season happen?”. I love it when the coach says things like, “My players are the most important part of the team.” Because that coach knows that it’s all about… Continue ReadingRead More
Once a quarter I like to check in with Daren Blomquist, the vice president of Market Economics at Auction.com about the state of the real estate market. Moving beyond gut feelings and internet chat boards, Daren uses hard data his company collects to show us where the market’s been so that we can better predict… Continue ReadingRead More