Real Estate Investing

Sharpening Your Focus

By on Oct 17, 2017 in Real Estate Investing | 0 comments

            I recently spent a full day masterminding with several other real estate investors. Individuals from Florida and Ohio were well represented in the room. A recurring theme was what I refer to as the “Bilbo Baggins phenomenon” – that little pat of butter being scraped across too much dry toast. In the real estate business, it’s easy to spread yourself too...

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Fundamental Background Check Technique

By on Sep 26, 2017 in Real Estate Investing | 0 comments

           In my previous email, I told you about being in court representing a relatively new landlord evicting a problem tenant. How did I know they were a problem tenant? When I agreed to represent the landlord, one of the first things my staff did was a quick online check of the local court dockets. With a little typing of names and the click of a few buttons,...

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Free Paperwork

By on Sep 21, 2017 in Real Estate Investing | 0 comments

            Yesterday I was in court representing an inexperienced landlord who had rented a property to a problem tenant. The challenge we ran into in court was that the husband and wife landlords had used online legal resources to put together a combination real estate lease with option to buy. Because of the way they packaged it all in one document and the...

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What Are You Full Of?

By on Sep 14, 2017 in Real Estate Investing | 3 comments

            Every real estate investor, entrepreneur, business owner – in fact, every person – is full of something. What you are full of determines what you cannot contain. For example, if you are full of enthusiasm and gratitude, you can’t be full of entitlement and cynicism.             As you are developing your real estate investing playbook, ask yourself this...

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Black Swans

By on Sep 12, 2017 in Real Estate Investing | 0 comments

            The economic crisis in 2007 through 2009 that was spawned by the housing market collapse has been referred to as a “black swan” event, an occurrence that deviates beyond what is normally expected of a situation and is extremely difficult to predict. Every real estate investor must have a black swan emergency procedures manual as part of his or her...

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Remember the Main Goal

By on Sep 7, 2017 in Real Estate Investing | 3 comments

            I was talking with a friend and fellow investor from another state who was asking some pretty detailed questions regarding entity reorganization. As we worked through the questions and the situation, I had to remind this investor what the main goal of her entity was, which is also the main goal of real estate investing: acquiring assets that generate...

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