Five Reasons Your Home is an AWFUL Investment

  Today, I will explore a touchy subject and explain why buying a home is a terrible investment. Before we go into why, let’s define how the dictionary defines an “investment”. According to the Merriam-Webster dictionary, it is “the outlay of money usually for income or profit”. To paraphrase, an investment is anything you put…

But…I Don’t Have Any Money

  I do a lot of meetups and talk to many that say they want to get into real estate and multifamily real estate. There is always a recurring theme of reasons why they don’t start up their real estate dream. It’s either “I’ll wait until the crash,” “I’ll wait until my kids get into…

Believe in What You Are Doing

  Doctor Maya Angelou once pointed out that people will forget what you said and what you did, but people will never forget how you made them feel. This statement is important to remember because it does not end with your close personal relationships. It is true for everything we do, as we interact with…

Abundance vs Scarcity

  Like most things in life, there is more than one way to look at something. When it comes to money, there are two predominant ways: there is scarcity thinking and abundance thinking. The financial industry has been built around marketing scarcity thinking to people. Financial advisors make huge commissions convincing the masses to live…

5 Tips To Attract New Tenants

  When it comes time to find new tenants to rent that freshly turned unit you just spent money on, you need to make sure you know who you are renting to. Regardless of the market, you want to perform the proper underwriting upfront to avoid problem tenants. You want to attract good, strong tenants…

How to Get a Bridge Loan

  Over the past several months, I’ve been working on a handful of deal that required a fast close. Most of them are value-add properties that ranged from low occupancy to rehab projects. This limited our ability to get traditional loans and required us to get creative on getting them closed. In cases like this,…