The One Piece of Advice That Changed the Course of My Real Estate Career
Have you ever heard the phrase “strengthen your strengths, not your weaknesses”? This was a profound learning I read, and later experienced, that went completely against anything I had ever been taught. Instead of trying to get better at things you aren’t good at, work on getting better at the things you are good at. […]
The Least Risky Way to Get Started in Real Estate Investing
Taking the first step with anything is always terrifying. Starting out in real estate investing can be especially terrifying because most of us didn’t learn anything about it in school, there are a lot of people telling us what we should and shouldn’t be doing (and we don’t know who to listen to), and there […]
The 8-Step Guide for Surviving Any Real Estate Investing Challenge
Welcome to real estate investing. Not to bring an overused old adage into the picture, but truly— “If it were that easy, everyone would do it.” If you buy an investment property and everything goes smoothly all the time, you’ve somehow gotten extremely lucky. The list of challenges that can come with real estate investing […]
The 5 Ways a Rental Property Profits
There’s probably a solid chance you believe rental properties can be profitable. It’s kind of a mainstream idea that most people grew up with. But there’s probably an even more solid chance that if someone asks you exactly how rental properties make money that you may not be able to specify an answer. Yes? Well, […]
The #1 Non-Negotiable Trait You Have to Have to Succeed in Real Estate Investing
I’ve been watching people invest in real estate for some number of years now, including myself. My experience has been working with investors who own rental properties, some with property managers in place and some without, and dealing with contractors when it comes to rehabbing a house. In watching all of these situations, I’ve come […]
Rental Property Exit Strategies
One of the many advantages of real estate investing over other investment strategies is having a plethora of decision options for how the investment is to be operated. This includes how to get out of it. Getting out of anything is called an exit strategy. With stocks, there is only one way to exit: sell. […]
How to Mentally Survive the Challenges
If for some reason you’ve heard that real estate investing isn’t a challenging industry… I have news for you. Just kidding, you probably haven’t heard that. Real estate investing is known to be challenging! Why is it so challenging? Here are some basic reasons real estate investing can be so much more challenging than other […]
Understanding Data in a Rental Property Investment Analysis
Data, oh my data. Any of these sounds familiar? If you’ve ever started doing a rental property market analysis, you’ve probably assumed you need to start with the data. That’s a fair assumption! But it’s a wrong assumption. While data and statistics are important for the success of any real estate investment, it’s unlikely you’re […]
How to Be the Perfect Real Estate Investor
When we think of perfection, we think about doing everything right. Well, what if perfection isn’t about whether you do everything right or not, but instead it’s about how you handle the journey? There’s no such thing as a real estate investor who does everything right. It’s impossible to not make a mistake in real […]
