A great reason to have assets I was talking with a friend recently who was going through a tough time. You see, my friend had had some medical complications that had caused her to have multiple surgeries over the past few years. (By multiple I mean 10 plus.) To make a long story short, every time the surgeon would go in to fix the problem, it weakened the adjacent…
Creative offers Ashley and I were two broke kids straight out of college when we got started in real estate investing. We had a mound of student loan debt and no money in our pockets to invest. And because we had either been self-employed or full-time students while in school, we had no real, verifiable income. That fact, coupled with a high debt to income ratio from the loans,…
An investor needs a blue pen Ashley and I have been blessed to have had some of the best real estate investor teachers in the world. What differentiated guys like Jack Miller, Peter Fortunato, Dyches Boddiford and David Tilney, along with their seminars, from others was they were not in the seminar business. What I mean by that is I’ve been to classes before that are a sell-a-thon…
Deeds tell a story I was talking to an investor recently that was having a hard time telling the difference between a warranty deed and a security deed. This confusion is not uncommon for investors that mainly buy houses using cash or traditional financing because the attorneys handle all the deed and paperwork. But this investor was in the middle of buying a subject-to deal. And with that…
Learning new things at eviction court We are 0 for 2 in magistrate court this month. How’s that for starting a real estate investor column? Truth be told, we didn’t lose both cases. They got dismissed. The first one, which took place about two weeks ago, I wrote about in “COVID, cabinets and courthouses.” But we had to go again for a different property this week. During…