Archive
Finding Good REI Teachers Makes All The Difference When Ashley and I got started in investing, we fell prey to one of the big-name teaching circuits. What I mean by that is we went to one of the free seminars, that led to the $100 class that was really a dog-and-pony show to sell their overpriced, and as I later found out, somewhat antiquated classes on how to become a real estate...
A good property management system I have been out working on rentals a lot this past week. Contrary to what you hear about most landlords, I actually like working on our properties. The reason for this is because I get to see how our people are doing, how they are keeping the house up and if they are doing the four jobs of a tenant. And just to remind you, the four jobs are: 1....
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, meant...
“What Box” is coming I’m often asked where I go to learn about real estate investing. Truthfully, Ashley and I have been blessed to meet, befriend and attend seminars with some the most creative real estate investors out there. And we go back to the same classes time and time again. Chances are that if you are reading this column on Sunday morning in Bartow County, I’m...
The anonymity of a land trust When people are getting started in real estate investing, they often assume they need to form an entity like an LLC or an S Corp 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 necessary...