Every inexperienced investor believes they need to work hard and save up to put money down for an investment property. I’m happy to break it to you — this is not true. I have bought more properties without a job than when I had a job. Let’s be clear on one thing though: I am […]

The steps for starting a rental property business are similar to most other business ventures. It’s much easier to achieve investment goals and financial objectives when there is a plan in place. If you fail to plan, you plan to fail. It’s that simple. While every real estate investor may take a different path, here […]

Only 8 months before I moved to Turks and Caicos in 2014, I had never heard of this place. I had no idea where it was even located on a map. When I talk to people today, most have also have never heard of this beautiful place. Just to quickly catch you up to speed, […]

When you think of the top Airbnb destinations, you likely think big, fancy or exotic cities/towns like LA, New York, Miami, Paris, Rome, Phuket, Dubai, Greece etc. However, those places typically have a lot of competition with a wide variety of discounted or chain hotels and motels. Many big cities also have tight restrictions on […]

The largest expense in real estate, whether it’s a personal home or a rental property, is usually the monthly mortgage payment. This is a combination of the principle repayment of the loan from the lender plus interest. In rental properties, the rent that tenants pay SHOULD be covering all the expenses, including the monthly mortgage […]

This post complements the video I sent out this week. You can watch that very windy video by clicking here! I want to keep the videos as short as possible, so I will elaborate a little more on the competition in acquiring multi-family (MF) properties. Question: why do we actually have fewer people competing against us […]

We’re now over halfway of going through the 7 different profit centers associated with rental properties. In my last post, I discussed Instant Equity. In this post, I’m going to explain Forced Equity and how it can add significant income to your next rental property. Forced Equity: performing minor (or major) renovations to increase the value […]

I previously covered the two most well understood profit centers in rental properties (#1 here and #2 here). This post will quickly explain a less obvious profit center that happens before we even take possession of the property! Who doesn’t like instant returns?? Instant Equity: the positive difference between the MARKET VALUE and PURCHASE PRICE of the property. […]

Spoiler alert: although money can be made with appreciation, this is NOT the main reason anyone should get into real estate investing. In my previous post in a series explaining profit centers of rental properties (Cash Flow: Profit Center 1 of 7), I explained the number 1 reason everyone SHOULD invest in real estate. Many […]

Another year has ended and a new year has already begun. If you are like most people, 2018 was a challenge with some positive experiences sprinkled throughout the year as has been the case for most years before that. The great news is that you are here right now. You got through whatever happened in […]