When do you start reinvesting money into a property? Here are 4 rules:
#1 Never do the whole rehab
#2 Do your worst case scenario
#3 Look for 30% return or don’t do it
#4 Leave something for the next guy
Buying Multi-family is not buying real estate—it’s buying a business. Every dollar that...
Published 06/05/18
What are Mistakes Most People Make When Investing in Real Estate?
#1 Not buying
#2 Deal is To small (less than 16 units)
#3 Doing single family deals
#4 Taking too much debt
#5 Bad Buying price
#6 Buying unwanted deals
#7 No direct cash flow
#8 Moving out from your MARKET
#9 Not Knowing your...
Published 03/26/18
Why the wealthy invest in Real Estate:
● Income - monthly checks
● Appreciation - This is tied to the job marketplace in the area.
● Depreciation - write down the value of the property to save
● Leverage - spent $1 get $3 - Use debt, but be extremely disciplined
● Tax Advantages
That’s what we...
Published 03/19/18