Imagine merrily going about your day. Sun shining. Birds chirping. Then.. …you get a call on a deal. It’s a real beauty. Seems like the planets lined up in your favor (and it’s about time, too!). It’s a nice 4-unit in a good area. Definitely a B or B+ building and it’s 100% occupied. The ...…
It’s no secret that there are many reasons somebody might invest with money with you. But, there’s one reason that is often neglected by real estate investors. In fact I would be surprised if anybody is really using this one at all – if you are, email me (with a sworn affadavit!). When I first ...…
Word is out… For the first time – my roadmap for buying and flipping countless foreclosure properties, month after month, even in what some call a ‘recession’ (and in one of the toughest parts of the country). I’m not talking about chump change here – I’m talking about a way you can change your life. ...…
Every once in a while I get some ‘driving time’ – just me and the road. Often I listen to books on CD, etc. Zig Ziglar calls this “automobile university.” But sometimes my thoughts drift and land on random things. Yesterday I had some driving time and, for some reason, a disintegrated private money deal ...…
Holy smokes I have to get this off my chest before I check myself into the hospital to have a stent put in a rapidly clogging artery…. I wish I had a “bat phone” to all real estate investors where they could tie into this one message: Please, Please, Please don’t overpay for your private ...…
Yes. It’s time to visit this subject again…setting up private money deals. One of the best things I can provide for you is a road map through the minefield so you don’t step on any of the ‘Bouncing Betty’s’ that I did. Here’s the typical process most investors go through with their deals: find deal ...…
Today’s topic is a bit more 201 then 101 for subject matter, but good nonetheless for real estate investors of any experience level. You see, there are two basic type of private money investments: deal specific and what I call time period specific. And each has it’s own thorns to avoid. Some private money you ...…
Major burning question for real estate investors: how much of the deal should I give up when I bring private investors in? First, why is this so important? What’s the big deal? Well, I see way too many real estate investors who either want to give up too much of their deal and kill their ...…
Do you wake up every day feeling 100% like you want to feel? Do you look 100% the way you want to look, with nothing at all you want to change about yourself? Did you answer yes to any of these questions? If so, then you are one of the select few that has been ...…
When I first started raising money from private investors for my real estate investments, I thought pretty much like everyone else did. Private Money ‘Lenders.’ My pitch to prospective investors was in essence: “will you loan me money secured by real estate? You’re probably familiar with this pitch. Maybe you’ve used it. Perhaps you’ve had ...…