Pursuing Real Estate Investing Freedom? Consider Getting a Real Estate License!

Pursuing Real Estate Investing Freedom? Consider Getting a Real Estate License! One of the most highly talked about and debated questions within the world of real estate investing is ‘should’ or ‘should you not’ get licensed in your state? There are numerous articles on BiggerPockets discussing pros and cons and everything in between, but I wanted to throw my $.02 into the debate.There are a ton of financial reasons to pursue the license, but in this article, I’m going to focus on … [Read more...]

New Investor Mistakes: Advice for the Real Estate Investing Novice

New Investor Mistakes: Advice for the Real Estate Investing NoviceI am very fortunate to get the opportunity to speak and correspond with real estate investors of all experience levels.  I find these conversations to be very valuable as I get to see the investing landscape through additional sets of eyes.As you might imagine my most common communication is with new investors who have not bought their first properties yet, but they are very excited and are ready to go.I find new investors break … [Read more...]

Tips for Flippers on Trusting Your Professionals

Tips for Flippers on Trusting Your ProfessionalsSo, you hire a tax professional to help you, and when he makes his recommendations, you ignore them.  Is this wise?Rich Dad, Poor Dad author, Robert Kiyosaki recommends surrounding yourself with people that are trained, skilled, and better than you in a particular field.  This “team effort” is what makes an average investor, businessman, or leader above average.  I doubt Mr. Kiyosaki would have achieved the level of success that he now … [Read more...]

Invest With the End in Mind

Invest With the End in MindMore investors than ever are choosing to invest in real estate right now. It’s no surprise considering values are incredibly low, interest rates are at historical lows, rents are strong and most people agree that prices will recover over the coming years.   With so much investing activity from a diversity of experience levels, I have noticed that many investors simply want to “invest” without taking the time to really map out a strategy.While there really … [Read more...]

Don’t Quit Your Day Job: Real Estate as a Career or Investment?

Don’t Quit Your Day Job: Real Estate as a Career or Investment?Do You Like Your Job? I used to be a personal banker in a large national bank and I absolutely despised it. Each day was worse than the previous one, so I spent all my free time devising a way to get out of that job. It took me almost a year, but after I quit I never took another job again. I fell head-over-heels in love with real estate investing and haven’t looked back since. I manage property, flip houses, and have a number of … [Read more...]

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...]

5 Books That Keep Me Focused As A Real Estate Entrepreneur

5 Books That Keep Me Focused As A Real Estate EntrepreneurI am an admitted bookworm who loves to read anything I can get my hands on.  My children are in awe of my library and are always asking me to point out which books are on history, which are on the presidents, which books are the classics and which ones are on real estate.  My oldest is right at the point where a Kindle sounds like a whole lot more fun than an actual book itself.  So far I have not given in and I continue to remind him … [Read more...]

Is Real Estate Investing Easy

 Is Real Estate Investing Easy The SWAT team was on the scene and after three hours neither had made a move. It was the perfect time for me to reflect on my decision to become a TV news cameraman.  Is this what it’s going to be like for the next 30 years I wondered?  Will I be camped out like this in front of yellow crime scene tape and drenched in sweat with a farmer’s tan until retirement?I decided right then and there that if I was going to continue working this hard I needed to get … [Read more...]

What Does Real Estate Investing Strategies and Your Lifestyle Effect Your Success

What does your real estate investing strategies  have to do with your lifestyle effect your success? “How do I choose a real estate investing strategy”?Regarding a Successful Real Estate Investing Business.   One of the questions I am asked most frequently. There’s no doubt that some people are more suited for one type of investing strategy than another. There could be many reasons for this.  One might be the type of experience that they already have. A good example would be someone … [Read more...]

Why Some Folks should Consider Passive Real Estate Investment

Why Some Folks should Consider Passive Real Estate InvestmentActive real estate investing gets all the glory with TV shows and the mainstream media, however, sometimes passive real estate investing can turn out to be a best option for many would-be real estate investors.  Let me explain.What are your options if you live in a real estate market that offers very low returns?You could spend every waking hour looking for that once-a-year deal or you could dive in and try to make a skinny deal (low … [Read more...]

Ways To Make Money In Real Estate Investing – Part 1

Ways To Make Money In Real Estate Investing – Part 1I’ve been a conservative investor who has been very pedestrian along the path to  becoming a mogul.  I buy well-located buildings and plan to hold on to them forever.  I learned  most of what I know from books or from observing my fellow investors.The following list is from an investment perspective.  It doesn’t include other [...]Read the full post here... … [Read more...]

The Top 3 Forms My Real Estate Investing Business Can’t Do Without

The Top 3 Forms My Real Estate Investing Business Can’t Do WithoutI am a big believer of using forms in my real estate business. I have found time and time again when I am talking with a seller and I “wing it” instead of using my Property Information Form, I invariably forget to ask something important.  There is some piece of information I need that I don’t get in that initial phone call. Sure, you can always call them back, but I really hate to do that. You just look unorganized.Forms … [Read more...]

5 Non-Real Estate Books for Real Estate Investors

5 Non-Real Estate Books for Real Estate InvestorsI don’t think J.K. Rowling had 39 year-old men in mind when she wrote the Harry Potter novels. Late last year, I started reading Harry Potter and the Sorcerer’s Stone, the first of seven in the series.  Let’s just say I had a little trouble getting into the book.  Halfway through I found myself hoping either Hogwarts would slip into foreclosure because of the global economic crisis or get invaded by terrorists.  But I toughed it out and … [Read more...]

If I were designing a Real Estate Investing Course

If I were designing a Real Estate Investing CoursePlease Note this is just an outline of a sample course and I am not selling or promoting anything. I am simply frustrated by the lack of straight forward, simple to understand real estate investing courses.I was so frustrated that I took some time on my yearly vacation to design an eight-hour program that is aimed toward new real estate investors.  I wanted it to be aimed at new investors and help them get on a path to successful real estate … [Read more...]

Five Reasons Why I Keep My Full Time Job while Investing in Real Estate

Five Reasons Why I Keep My Full Time Job while Investing in Real EstateI have been asked many great questions by the readers of BiggerPockets, but one caught me off guard and caused me to sit back and think about what we are doing: “Why I are you still working and why haven’t you jumped into investing full time?”I found the question to be very thought provoking, as I have focused on being a full time employee and a part time real estate investor for so long that it feels like part of my … [Read more...]

Why This Is The Best Time To Buy?

Why This Is The Best Time To Buy?In This Market? Are You Crazy? This is a Great Time for Real Estate Investors.When I tell people I’m a real estate investor these days, they think I’m nuts. Based on what they’ve read and heard, they assume that all of real estate is in the toilet – and that my investments, and my life, are right there with it.  Are You Crazy Not To Invest?  Why This Is The Best Time To Buy is a post from: Real Estate Investing Blog For Real Estate Investors.Read the … [Read more...]

Real Estate And Retirement ?

Real Estate and Retirement ? While there are several debates raging across real estate investing forums, one that seems to attract strong opinions is the debate on whether investors should actively or passively invest in real estate.  While there is no singular definition of what it means to invest in real estate, with the advent of reality T.V. and a host of Do-It-yourself shows, there seems to be an existing opinion among the masses that unless you are beating the streets, talking to … [Read more...]