Archive
How to get started in real estate investing? So what’s the best way to break into real estate investing? You may think you should start by getting approved for a loan. Maybe you think you should meet with contractors, realtors or even lawyers first. Perhaps you should buy one of those seminar packages who come with a mentor that will tell you exactly what to do next. Here is a...
Knock on the door of success: It’s that time of year again. It’s time to evaluate last year, to celebrate your successes and investigate where you need to improve. Once that’s done, you can move on to the all-important task of setting goals for 2017. Are you excited? Something I love about this time of year is that personal development goes into overdrive. If you’re like me, you’re...
Work to learn, not to earn: There are concepts that have truly life-altering effects. For us, the idea of working to learn, not to earn was one of them. This notion came from a book we read called “Rich Dad Poor Dad” by Robert Kiyosaki. If you’ve never read that book, please do. It’ll change the way you look at money, your job and investing forever. In the book, Robert talks...
How to make your top offer: When you’re looking to buy an investment property, it’s important not to get emotional while evaluating the deal. Let me warn you, failure to keep your emotions in check will cost you big time. Ask me how I know. One of the worst deals Ashley and I ever did was a result of us leaving our excitement unchecked. When we were new investors, we wanted so...
You need to protect your assets, trust me: When people are getting started in real estate, they often assume they need to form an entity like an LLC or an S corporation first thing. The two main reasons for this are to protect their assets from lawsuit and to take advantage of certain tax breaks. In my opinion, due to formation and maintenance costs, neither of these entities are...