One of the best ways you can profit handsomely from real estate investing is to set up private money partnerships. As I’ve said before, you should always look at two sides of the private money coin: lenders and equity investors. If you only think in terms of private lenders, you’ll be limiting yourself to only ...…
“What happens if you die?” This is a question that you don’t normally like to think about. On the occasion you do think about it (like when you’re driving through an ice storm) you might think about pearly gates, St. Peter, harps, angels, a guy in a red suit with a pitch fork (just kidding0..But ...…
Whenever I get the chance, I like to flip on some of the late night comedy shows on TV. Letterman, Leno, Kimmel. On top of being funny (at least sometimes), you can learn a heck of a lot from watching a good comedian. A while back I met a guy who was trying to work ...…
I’m sitting here wrestling with a painful reminder. There’s this long document with check boxes, blank spaces with empty dollar signs – staring at me – all waiting to be filled in. What is this heinous document? It’s a personal financial statement. And, I’m required to fill out this statement by the commercial bank (a ...…
You’ve probably been expecting something on this topic for some time now, so let’s lift up the kimono… Facebook has taken over the world. It won’t be long before Mark Zuckerberg runs for president and wins the election easily by solely using Facebook to campaign. Future generations of voters will only know who’s running for ...…
If you guessed that making an “all cash” offer increases your likelihood of it getting accepted then you….are….correct. Don’t get me wrong – if the asking price on a property is $1,500,000 and you offer $250,000 cash you’re probably going to get slapped (but hey, at least you made an offer) unless the asking price ...…
It often said that “relationships are everything” in business. Have you ever heard this? My guess that you have. But, are you putting it to work in your money raising activities? There are vast goldmines of private money hidden underneath many of the relationships you already have. Not sure what I mean yet? Here’s a ...…
You may find out the same thing I did when you first approach private money investors: credibility is everything. It was a few years into my investing career when I realized that I would need private money to get to the next level. A successful business man, a mentor of mine, told me that honesty ...…
It seems like a distant memory now. September 15, 2008 marked a date of permanent change for everyone, but for real estate investors in particular. What is so special about September 15, 2008? Is it kind of like one of those days where you remember exactly what you were doing when you heard the news? ...…
I’ve made up my mind: one day soon I’m going to commission a formal statistical poll in order to learn the following: the percentage of all real estate investing advice dispensed that is actually drawn from practical real world experience the percentage of real estate investors who continue to follow old dogma’s – even in ...…