Archive
Monsters don’t live in the bathroom I was a guest on podcast recently with my mentor Bill Cook where we were discussing things that hinder the success of newer investors. As we talked, Bill asked me if I thought a lack of education is something that stops newbies from moving forward. I told him I didn’t think so. You see, there’s a ton of information out there about how to make deals in...
They just aren’t cutting the mustard I learned a great tactic from one of my landlord teachers named David Tilney when I took his course called “Hassle Free Property Management.” In the course, David said that all his leases end in either June or July of the year. The reason for this is multifaceted. You see, June and July is when kids are out of school. This makes it easier to...
Real estate investors make people cry I sometimes hear people talking about real estate investors in a poor way. They will refer to us as vultures circling around. (I guess they see us as waiting for people’s homes to die so we can swoop in and greedily make massive profits off others’ misery) And just like with any profession, there are some investors out there who care more about...
Disposable income The other day, I took my road bike to my local bike shop to get it looked at. It had something weird going on. On my previous ride, I started hearing a ticking sound in my wheel. Prior to the ticking sound, I was averaging over 18 mph. But when the tick sound started, it was all I could do to hit 15 1/2 mph, and it made for a tough ride. As I walked into the shop,...
Do you know your deeds? I was talking to an investor recently that was trying to figure out how to do a deal. He was a successful flipper and wholesaler, and he had a deal that was under contract with a nice profit margin. The problem was the house needed some work. His sellers could not close for a few months and he was wanting to figure out a way to get the work done between now and the...