Archive
Buy-and-hold up, wait a minute Buying and holding good cash flowing properties long term is one of the goals of real estate investing. But do you know how to evaluate a deal to see if it does cash flow? If you don’t, that’s okay. Because today I’m going to show how we run the numbers on a deal to decide if a house has a good enough cashflow to be a rental. To determine the...
Can you wrap your head around this strategy? Buying and holding good cash flowing rental properties long term is the goal when it comes to real estate investing. But is owning a property as a rental the only way to produce a good cashflow? If you don’t know the answer, that’s okay, because today we’re going to talk about a strategy that allows you to have passive income without the joys...
Paperwork is a memorial Peter Fortunato, one of the greatest real estate creative deal structures I know, always says that your paperwork is a memorial of the meeting of the minds. What he means by that statement is that when you make a deal with someone, you are both making a set of promises. And your contracts, notes, leases and other paperwork are meant to memorialize what the two of...
Don’t get emotional when making an offer If you read the title of this column, you probably already gathered that you shouldn’t get emotional when making an offer. And that’s true — when you get emotional, you tend to make a bad deal. I’ve seen this concept play out in many ways. A newer investor will overbid on property. And since they’re excited about doing their first —...
Something is missing My first nonretail job was as a residential painter in college. I then worked for a handyman and then a custom home builder. I finally landed on a rehab crew remodeling both rentals and flips for an investor in Atlanta, which is where I got exposed to real estate investing. And since my background is in construction, one of my jobs in our company is to...