Archive
Structuring deals Learning how to creatively structure deals is something that has been essential for my and Ashley’s success in real estate investing. The main reason for that fact is that we didn’t have access to funds when we started. So, we had to figure out how to buy houses with very little cash and without going to a bank. And that skill has allowed us to make some profitable deals...
Getting into the business I often get asked a question around this time of the year. I’m not sure why it normally happens as the new year approaches, but maybe it has to do with people evaluating the previous 12 months and setting goals for the year to come. The questions is in reference to real estate investing, and it usually goes like this: “What do I have to do to get...
Trailer differences I’ve had a lot of calls this week about mobile homes. Mostly, the conversations centered around the differences between trailers and stick-built homes in rehabs. So, I’d like to highlight a few of the major differences you need to be aware of should you decide to purchase a mobile home. To me, mobile homes are very interesting. I used to watch this show called...
Face to face Monday morning was super busy for me. You see, we had a closing where we were purchasing a double wide on it’s on land, and I needed to prepare closing docs, get a cashier’s check for that closing and also attend to my normal Monday morning commitments. Due to labor shortages, my bank’s local branch had its lobby closed. As such, I had to go through the...
Writ of possession I meet with a tired landlord recently at a property where they’d just finished the eviction process. And this person said multiple times during our meeting that they never wanted to be a landlord ever again. The reason for this was the tenants owed the landlord quit a bit of money. Months prior to the eviction, one of the tenants had moved out. Because of that...