3 Key Factors in Buy and Hold Real Estate Investing Success

3 Key Factors in Buy and Hold Real Estate Investing SuccessAs a Buy and Hold Investor for 10+ years I have seen a lot of things, made some mistakes and met a lot of people in the real estate business.  This collection of experience has lead me to form an opinion on what makes a Buy and Hold Investor Successful. In this article I will focus on 3 characteristics or strategies that I find are key to long term success in Buy and Hold Investing.You Make Money When You BuyThe first thing I want to … [Read more...]

Successful Investing while Holding a Full Time Job – Key #6: Delayed Gratification

Successful Investing while Holding a Full Time Job – Key #6: Delayed GratificationAs we wrap up our 6 part series on successful real estate investing while working full time I want to first review the previous keys to successful real estate investing while working full time.Our initial key required securing full support from your significant other. We followed up this key with the idea of investing time in during the required homework to learn your market as key #2.  With this base … [Read more...]

Successful Investing while Holding a Full Time Job – Key #5: Focusing on Leverage

Successful Investing while Holding a Full Time Job – Key #5: Focusing on LeverageBy completing the previous Key to Successful Real Estate Investing while Working Full Time you should have a good understanding of what is “Core” to your business and what is “Context”. Remember “Context” should be outsourced to other team members and “Core” are items you complete.With this you now have some things to focus on and at the top of this list is Leverage.Leverage Time, Dollars and … [Read more...]

Successful Investing while Holding a Full Time Job

Successful Investing while Holding a Full Time Job The second article in our series of six keys to successful investing while holding a full time job is the one I get the most push back on.  I don’t understand it, as I believe that it is very simple, yet people are always trying to cut corners or they try to outsmart the system.If you are going to be successful investing while holding a full time job (and you have support of your significant other, see Key #1) you need to put in “The … [Read more...]

Getting Rid of Problem Tenants with Cash for Keys

Getting Rid of Problem Tenants with Cash for KeysBuilding a profitable buy and hold rental property business can be tough. A lot of folks fail to treat this as a business and end up getting into trouble. Having systems and following those systems is so important if you are to be successful and keep your sanity.It’s pretty easy fly by the seat of your pants when you only have a few properties. Later on when you have added more rentals, it gets much harder.In the beginning when I bought my first … [Read more...]

Take Out Unnecessary Words

Writing on a computer offers two special tools to take out the unnecessary words – the backspace key and the delete key.The backspace key allows us to “do over” mistyped words.  And the delete key helps us to edit the words that aren’t necessary.  These are powerful tools to lean on in our conversations, especially the ones we have with ourselves. Backspacing and deleting words can help you focus and create a better mindset, which ultimately results in success.So, what are the words to … [Read more...]