In this article I will show you some very simple ways to build 10K per month Cash Flow from Rentals.  All it takes is Clarity, Comfort and Action.

Building Cash Flow from rentals is a very appealing strategy to many investors and for many reasons.  First, it can replace your income and free up your time, both are major motivating factors.  Here are common motivations or “Why” investors build Cash Flow from Rentals:

  1. Retire Early
  2. Supplement and Replace your Income then Quit your job
  3. Spend more time with family
  4. Live financially free
  5. Help your family achieve financial freedom
  6. Age and/or health concerns require passive income
  7. Focus on other appealing projects and interests
  8. Improve your lifestyle and do exciting fun things you have put off for years

Most investors have the desire and motivation, they usually fall into 3 category types:

  1. The first never pull the trigger mainly because they are not clear enough on what to do to be comfortable.
  2. A 2nd type buys with cash or conventional financing from big banks and builds very slow, often never achieving their monthly Cash Flow goal.  They often never realize there are much better financing options and creative strategies used by highly successful investors and they are very much constrained in ability to meet their goals.
  3. A 3rd type is really savvy.  They know what financing options and creative strategies the experts and really successful investors utilize.  They look at their monthly cash flow goal and figure out exactly how many properties they need to purchase, how to finance and how much down payment to raise and they usually write this all down in a clear fashion.  This 3rd type of investor can realize a great deal of success.  The only difference between this 3rd and extremely successful investors is ClarityThey are clear on everything which gives them to comfort to take action.

3 Ways to Build 10K per month Cash Flow from Rentals:

  1. Buy with Cash – 1.2mil in cash required to achieve 10K monthly income from rentals
  2. Put 20% down and buy with a portfolio loan:  Only 440K required as using leverage your money goes much further and your cash on cash return skyrockets
  3. Raise down payment money and buy with a portfolio loan
    1. Crowdfunding – 200K investment with crowdfunding putting up the rest of the down payment and partnering on a profit split
    2. Lines of Credit – you will need 900K credit line at 6.9%, you would be responsible for the out of pocket expense to obtain the credit lines which could be around only 20K.
    3. Equity Partner – You put up 0-10% of the down payment, they put up the rest and you negotiate a profit split.

How to find Clarity and become successful like the 3rd type of investor above?

Clarity is one of the simplest concepts that is most often overlooked.  It is the critical component of productivity, overcoming procrastination, success, achieving your goals, etc.  Brian Tracy is a brilliant writer that teaches the importance of clarity in his different books.  In fact, there was a Harvard study that concluded that the Harvard MBA graduates that write down clear goals and clear tasks to achieve them are 10X more successful.  So my challenge to you is to START NOW – write down a clear Cash Flow goal and clear steps to achieve this.  With the acquired comfort it will be easy to take action and realize incredible success.

What kinds of deals make sense?

Properties that are already rented, managed and have already been renovated are best.  Often called turnkey rentals, these properties do not require fix up, tenants or property managers.  Vacant and distressed properties will require a lot of cash to get them fixed up, rented and managed.  Markets are improving all across the country.  Appreciation is speculation and we are talking about Cash Flow rentals.  You have A, B and C class properties.  A are usually in nicer areas, are more expensive, have lower cash flow and higher appreciation expectations.  C are in blue collar areas, have higher cash flow, lower appreciation expectations.  B are in the middle.  It is best to diversify.  If you target C properties you must do thorough due diligence to make sure they are not in warzones or there is too much risk of poor operations.  Some of the best returns are in C areas but they also have the most risk so it just requires high due diligence.

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Rental real estate has become an increasingly popular strategy in the last few years.  More people are opting to rent rather than own and the advantages are incredible.  Investing in rental properties can allow you to retire, supplement or replace your income and quit your job, spend more time with family, friends, traveling and having fun.  For many investors, how to achieve your investment goals has been very difficult often do to a lack of financing.

Since the market correction, it has been very difficult for investors to finance investment properties whether residential or commercial.  Banks are very reluctant to fund an investor who has more than four mortgages and even a second loan is quite difficult.  This severely restricts investors from growing their portfolio with many of the incredible deals out there today.  This problem has been solved, it has been solved with the resurfacing of Portfolio Loans, alternatively called Blanket Loans.

A Portfolio or Blanket Loan allows investors to purchase multiple properties under the same loan.  Investors can even refinance existing properties, purchase more, cash out refinance and do all three under one loan.  They are very flexible and very investor friendly.  Furthermore, rates are often extremely low, credit is not as important and loan amounts often go up to 80% of purchase.  If you are investing to build cash flow, portfolio blanket loans are for you.  When compared to a cash purchase, it is not uncommon to increase your cash on cash return by over 5% by obtaining a portfolio loan.  Additionally, appreciation on 3-4X as much property is an enormous extra bonus as are the tax advantages.

Here are some highlights of the portfolio blanket loan program:

+ Cash out refi allowed

+ No limit on properties owned

+ No seasoning required

+ Residential or Commercial properties

+ Rates 3.75% to 13% fixed

+ Amortized 15 to 30 yrs

+ 1 to 5 points typical depending on loan size and credit

+ Term 5 to 30 yrs with option to extend

+ 600 min credit score, lower on a case by case basis

+ $200K min loan amount, no max

+ 65-80% LTV

+ May be used to purchase a portfolio and/or refinance

+ Non-Recourse available

+ Some are assumable

+Multiple funding sources for loans best suited for you

To learn more, click the button below.

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More people are renting then ever and rental rates are higher.  Brenton Hayden created this tremendous infographic and is the CEO and Founder of Renters Warehouse USA.  Now is the time for Rental Investing.  Please share your comments on the information in this Infographic.

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financingoptionsFinancing options for investors have not been as readily available as they were during the boom. Many investors believe their only option is Fannie and Freddie backed loans, which is far from true. While the ease of getting a loan with little money down are not abundant like years past, there are plenty of options for savvy investors. We are not lenders or mortgage brokers but we do consult with investors on financing for rental properties, contact us with questions or assistance with your financing needs. For flips, you may benefit from our Free Guide to Raising Private Money. Here are 10 options.

1. Fannie and Freddie – 30 year fixed with low rates are very appealing. You can do 10 loans with Fannie and 4 with Freddie, requirements to get the loans can make things difficult as many get maxed out quick. Many investors give up and do nothing. While other options may not have rates as low, most savvy investors are focused on the overall goals of a portfolio rather than one deal. With that in mind investors can still charge forward with financing options that are far more flexible and big goals are well within reach.

2. Portfolio Lenders – Many investors are not aware of Portfolio Lenders. These are usually smaller local banks that do not have the rigid requirements as Fannie and Freddie backed loans. They will blanket multiple properties into one loan, require equity either as down payment or existing and they are really powerful for investors seeking to build a strong monthly cash flow from rental real estate. Do a search, check online and on forums, even call local banks to find out what programs they offer. A little research can open up a world of opportunity.

3. More Non-Conventional – There are also investor loans that require around 50% down payment that are options. They do not care much about credit and will lend to foreigners. The other options may look sexier on paper, these can however increase your cash on cash return vs a full cash purchase so you can buy more volume. I am seeing more and more investors using these types of loans even if only temporarily until they secure a more appealing loan solution.

4. Business Lines of Credit – For those investors who are aggressive, they can use their credit to obtain a lot of money to buy investments cash or use for down payment. Of course there is interest on these lines of credit which must be factored into the numbers. Many savvy investors utilize lines of credit to do a lot of great deals and find great success. The pitfalls cannot be ignored, investors who buy wrong and make mistakes can take lumps using an aggressive strategy.

5. Bridge Loans – These are short term loans to take control of properties while securing longer term financing. They can be great for a large purchase then refinance. They can also be costly so you simply have to factor that in to the cost of doing business. Many investors are comfortable with these types of loans as they do exactly what they are intended, they give them a “Bridge” to meet their goals.

6. Private Placement Memorandums – These are amazing and allow the ability to publicly market your investment opportunity to Accredited Investors. In a nutshell, a business plan is created and marketed to high net worth individuals. You can raise millions this way.

7. Partnerships – A simple example is your money partner puts up all the money, you find and do all the deals and you create an entity such as an LLC and have a profit split and/or agree upon terms. Very powerful and very easy when you find an investor seeking strong returns and comfortable with investments backed by real estate.

8. Syndications – In its simplest form this is pooling money from multiple investors into an entity such as an LLC that is involved in real estate investments. They were very popular in the past as tax shelters and are still to this day a very viable option for funding.

9. Crowdfunding – This is also pooling money like Syndications, very new and has it’s own rules that could change quickly as it evolves and is utilized more.

10. Private Money – For flips this is by far my favorite. You can find hard money as well, they can be really expensive and with terms that make it near impossible. Working with Private Money Lenders can be a win-win for everyone. Terms and rates can be negotiated to be reasonable for both sides to meet their goals. The challenge for many is how to find and raise private money. This is a huge skill that most savvy investors must learn as most make a mess of it and look quite laughable in the process. My best advice is to build credibility, trust and get them to like you. Don’t ask for money, offer them an incredible investment opportunity secured by real estate. You may find our free guide on Generating Private Money helpful.

For assistance with financing needs, fell free to contact us.

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This is a comparison of 3 Investors with the same financial goal to have 10K of monthly cash flow in 5 years. Their “Why”, “How” and objectives are different. Some things you may notice are the risk and challenges faced in achieving their goals and how not having clear goals can impact the outcome. These are simple and hypothetical situations, assumptions will be used.

Investor 1 – Hot Neighborhood

My goal is to have 10K of monthly cash flow in 5 years by investing in properties in this neighborhood because I just want to make some money. I do not have an expected return, I just know that neighborhood is a “Hot” area, properties are hard to find and there is low vacancy. I am a local investor that knows and am comfortable with investments in this particular neighborhood and I know others who own and invest here as well.

With this scenario, the Why is very unclear as “I just want to make money” could mean anything and there really is not clear motivation or clear goals. It is always important to define “Why these financial goals?” Actually the answer to that are the real goals, the financial goals are more of an objective that will help you meet your actual goals. Many want to quit their job, retire, provide for loved ones, financial freedom, and/or do other things with their time.

Investing only in a specific neighborhood that is “Hot” may leave investors with few available investments, so finding deals can be a challenge and those available could be around retail and purely speculative. One thing to understand is that people will invest in “What They Know and What They are Comfortable With.” A good idea for this investor is to clearly understand what it is about that area that makes them comfortable. A few things we know are high demand, low vacancy and other known investors have property in this area. Would you agree that learning about additional areas that are similar and fit the criteria that make this investor comfortable that there will be more investments to choose from? And from a numbers game, having more properties to choose from could result in more and better deals? If this particular investor sticks to only this Hot neighborhood that has 3 properties to choose from, what do you think the chances are of achieving 10K of monthly cash flow?

Investor 2 – High ROI

My goal is to have 10K of monthly cash flow in 5 years by investing in rentals with a 20% ROI to cover my retirement so I can focus on helping loved ones also achieve cash flow goals. While it is possible to find gems at 20%, it can be difficult to find them in mass. If you prefer C properties, sometimes you can find these returns, and sometimes you find issues in the form of bad tenants, vacancy, maintenance, vandalism, etc. What is on paper in a pro forma may not become reality. That is why DUE DILIGENCE is absolutely critical whether you are buying one C class property or buying in mass. The same is true in A and B areas, thorough due diligence can filter out a lot of dud properties and significantly mitigate risk when done right.

This investor may have trouble finding his 20% ROI gem properties and may end up only doing 1-3 deals per year which will not come close to 10K monthly. Additionally, the returns on paper may not be realistic. There are savvy investors that make things work with A, B and C class areas, all investments require proper due diligence and definitely expert property management. Would you agree that this investor has a chance to meet the financial goals, while there are some real challenges that will have to be overcome with finding deals and realizing the expected returns? An option for this investor may be to target safer deals that have a much higher probability of realizing a lower but still decent return. Then the only challenge becomes financing which can be easily overcome with portfolio lenders, blanket loans and more creative financing.

Investor 3 – Clear & Realistic

My goal is to have 10K of monthly cash flow in 5 years in order to retire and spend more time with my grandkids, travel, hobbies and items that will make us happy that we have put off for many years. First off, the “Why” and motivation are quite clear with this investor’s goals. This investor targets properties that meet specific criteria, areas with a long track record of success and all inspection and due diligence check out. The properties have been renovated up to a specific standard that will be confirmed by an inspection and excellent property management is in place.

This investor prefers a safer investment and assumes the average property from a hypothetical rental portfolio has $300/month in positive cash flow. It is very clear that to build 10K in monthly cash flow, around 33 properties will need to be added to a portfolio over 5 years which is around 6.5 per year. This investor has trustworthy sources of properties and knows that to achieve the desired goals, the only challenge left to face is financing. With the help of this investor’s trustworthy sources and contacts, there are a lot of options. After maxing out on Fannie and Freddie loans, there are portfolio lenders and local banks that will blanket multiple properties into a loan without strict requirements. There are even more aggressive strategies and creative strategies that take a little work, then when in place can really work great. With clear goals, specific criteria, strong due diligence, solid property management and the right team there is very little this investor cannot accomplish.

What goals and objectives do you have? What challenges have you or investors you know faced? Please share your experiences, ideas and questions.

A big part of what we do in addition to educating investors is assist investors with identifying goals and objectives and match them with certified cash flow properties in order for them to succeed. Please contact us if we can assist in any way and feel free to browse available properties.

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When I ask people about their real estate investing goals, I usually get one of three answers. They tell me they want X % return, they just want to make money or they flat out do not know. Occasionally they tell me they want to retire or quit there job. Are these good goals to have?

While they are a good starting point, they fail on many levels. First, a % return is an objective, not a goal. Making money to retire or quit your job are very vague and have more to do with motivation and the Why you want to achieve your goals. Goals should be written down, measurable, clear and you should be able to write down exactly what it takes to achieve your goals. There have been extremely compelling studies that show that people who write down their goals are much more likely to succeed.

If you have not had the privilege of reading anything by Brian Tracy, I strongly recommend it. He has some great books and material on Goals, Productivity, Overcoming Procrastination, etc. Investors face many challenges. Investors struggle starting out, finding deals, funding deals, doing deals, growing and protecting their wealth. I myself have faced all of these challenges at some point in time. Let’s look at some tips that helped me and many others including experts in real estate and all industries.

Tip 1 – CLARITY – With goals, it is not enough to have a goal just to make money. A good clear goal written down is “I want to generate 10K in monthly cash flow in 3 years.” Now, the next step is to clearly list what it takes to achieve these goals such as by investing in 30 single family rental properties that on average generate a little over $300 positive cash flow per month in X market, fund it with Z solution, utilizing N systems and teams to find and do the deals. Each of those items can be broken down into subtasks that make them extremely clear. Clarity can make you productive, effective, efficient, overcome procrastination and build confidence to the point were you find that very little is not achievable.

Tip 2 – Multiply your goals by 10X then write down the tasks to achieve – This is an incredible exercise. When you multiply your goals by 10 you realize that you cannot complete all the tasks. You have to create systems and delegate them to your team. I urge you to complete this exercise, what you will likely find by listing tasks to achieve 10X goals is that nothing is impossible, actually achieving it is quite realistic. Some of the tasks may be a bit of a challenge, all you have to do is break each task down to clear and simple tasks and take action.

Tip 3 – Create and document effective and efficient systems – businesses run on systems. If you are to achieve 10X goals, you need systems to generate leads, followup and nurture leads and to handle all of the daily processes that will make you a success. I have seen systems on how to comp properties, how to find contractors, how to handle permits, checklist of items to complete when you put a property up for sale, checklist for due diligence on properties, etc. Systems work, document your systems and continue to improve them.

Tip 4 – Build teams and delegate – No one can do it all, time always becomes the constraint. Build a great team and delegate your systems to them, with the freed up time you now look at ways to improve your business.

Tip 5 – Apply 80/20 and Parkinsons theory – 80/20 is a theory that says 80% of results will come from 20% of your efforts. It can be used in many ways and is basically doing what works. A great example of Parkinsons theory is to give yourself a tight time deadline so you will only do the items that get the best results. Using these 2 together is doing the right things the right way or put another way being effective and efficient.

Tip 6 – Review your goals daily – things change, so will your goals and the tasks to achieve them. Some of the most successful and productive people in this world revisit their goals daily.

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There are significant benefits to investing in real estate.  Savvy investors can build wealth, cash flow, utilize leverage, tax advantages, etc.  Not everyone buys for the right reasons, especially beginners.  Here are the 5 Best and 5 Worst Reasons to invest in real estate.

Worst
1.       Everybody is doing it – If everyone is doing it there is a lot of competition and you may be overpaying and/or buying at peak.  The best real estate deals are usually found when everyone is running from away from real estate.
2.       Excitement – This is a common one.  People are so excited at the thought of owning real estate and the status they will gain then suddenly they have to do work and make payments.  The best deals are usually found by doing a lot of upfront work and often a lot of work after purchase.  The thought of all the work is not quite as exciting, creating systems and doing it right can
3.       News says my market is hot – If your market is hot it is possible you are buying at peak and/or facing lots of competition.  It is not a savvy investment move to buy because a market is hot, it is savvy to buy because it makes since from a cash flow and net worth point of view and it helps you meet your goals.  This can be done in a hot market, by itself investing because your market is hot is not enough.
4.       If I don’t now it will be gone – A classic scam used by some of the worst people.  This is an aggressive sales tactic called “The Take Away” that unfortunately people fall for and sometimes forego doing critical due diligence.
5.       I would live there – Novice investors buy all the time for this reason.  They target areas they would consider living in.  There is a big difference between primary residences and investment properties.  It is important to separate personal decisions from business decisions.  Live where it makes sense for you, invest where it makes sense for your goals.

Best
1.       To generate cash flow – Real estate investing is a tremendous way to generate cash flow, often passive.  Many savvy investors can quit their job and even retire on passive cash flow from real estate.
2.       To increase net worth – Wealth can be created by investing in real estate.  The most savvy investors buy discounted properties and make improvements to increase the value.  Appreciation is icing on the cake.
3.       To achieve financial freedom – The most self made millionaires have made it in real estate.  Smart investors can replace their income with cash flow real estate, quit their job and retire financially free.
4.       To achieve clear goals – I ask investors all the time “What are your goals?”  Usually they tell me “To make money.”  Or they tell me a percent return.  Neither of these are clear goals.  Clear goals are X amount of cash flow/net worth by X date by doing exactly this and because of exactly this.  An example, I want to make $10,000 per month in passive cash flow and build 1 million in net worth in 10 years by purchasing 3 single family rental properties per year that cash flow $300/month so I can retire financially free.
5.       Because I am good at it – This is my favorite.  Experienced investors become good at finding deals, funding deals, doing deals and protecting their wealth.  They create systems, build teams and over time it becomes easy and great results are realized.  I congratulate anyone that has reached this stage and invests in real estate because they are just that darn good at it!

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Happy New Year to all and best wishes for you and your family!  Now that the New Year has arrived it is time for resolutions and to make them reality.  Over the years, I have read a lot and learned from the best.  The key I have found is not to just understand what you are reading, but to apply what you learn for results, massive results.  Here are 10 things you can implement for massive results!

  1. Start with Writing Down Goals and Tasks to Achieve – There is a direct correlation between the most successful people and the fact that they write down their goals and the tasks to achieve them.  Without goals, there is no direction which oftens leads to spinning in circles.  If you want results, start with writing down goals and the tasks to achieve them.
  2. Multiply your goals by 10X – You may be thinking this is crazy, I agree, it is crazy.  But it works!  A while back I had a goal to earn 2K per month from a stream of income.  I read a great article about the benefits of multiplying your goals by 10X so I tried it.  The results were amazing.  Just going through the exercise of writing down the tasks to achieve these now much greater goals made me realize I was doing it all wrong and how to do it right.  I was now thinking like an entrepreneur who is building a business, not building a job for myself were I am constrained by time.  I found opportunities, bottlenecks/challenges, created systems, delegated and most importantly I realized incredible results.  Even if you only achieve half of the new goal, that is 2.5X your original goal.
  3. Clarity, Clarity, Clarity – The key to productivity, overcoming procrastination and getting things done is Clarity.  You must be relentless about clarity.  Start with your goals, make them as clear as possible.  Then make the tasks to achieve your goals as clear as possible.  Then as you begin adding items from your tasks to achieve to your ToDoList make these items as clear as possible.  Next thing you know is you will have taken a very challenges goal or task, divided it up into simple tasks that will achieve the desired result.  Clarity is king.  Become relentlessly clear about everything you do and you will realize massive results!
  4. 80/20 Principle – The 80/20 principle, pareto’s law, states that 80% of results come from 20% of X, X being a variable such as clients, efforts, tasks, employees, etc. For example, 80% of your profits come from 20% of your clients. This principle can be implemented in many ways. Use it to find out what 20% of your efforts result in 80% of your results. Also, focus on the 20% of your clients that result in 80% of your profits. You can even use the principle to find out what 20% of causes result in 80% of your challenges, 20% of the areas that result in 80% of your deals and 20% of your marketing that result in 80% of your results. Implement the 80/20 principle and you can realize huge positive results.
  5. Parkinson’s law – Parkinson’s law states that if you have a lot of time to do something, you will make a mountain out of a molehill. For instance, if you have 2 months to do a paper for school, it will take you 30 hours, 24 of hours barely add value to the paper. Now if you have 1 day, you will finish in 6 hours because you will focus only on the items that add the most value. So when you have a task, give yourself a short deadline in order to be efficient. I have found it useful to reward myself when I complete a task such as I get to do something fun like go to a concert or sporting event only if I finish. You can use consequences as well, such as no showers until a task is complete. Just kidding, but you get the idea.When Pareto’s law is used with the 80/20 principle you can be effective and efficient, a true double threat!
  6. Create effective systems and delegate them – Businesses are run on systems.  When beginning or building a business the biggest constraint is usually time.  No owner has time to do everything in order to grow big and fast.  By creating clear and effective systems, tasks can be delegated to achieve massive results and free up your time to do more important items.  The most successful business owners do not handle the daily processes, they have systems and have delegated them.  They spend their time on value added tasks that will grow and improve the business while the business runs without them.
  7. Find deals with no competition – This is no secret, negotiating without competition results in some of the best deals. Properties that are listed often have way too much competition. Consider doing direct mail to distressed sellers such as foreclosure, tax lien, probate and other lists. Learn how to buy at auctions before a foreclosure becomes bank owned, there are tons of great deals and often low competition. Contact out of state and absentee owners, owners with a lot of equity, vacant properties, expired listings, etc. You can even contact rental ads to see if they would entertain an offer. Negotiate directly with sellers. There are a lot of deals out there, if you minimize the competition and find lots of prospects you will get much better deals.
  8. Learn to evaluate deals in 10 minutes – Create a system to evaluate deals in a maximum of 10 minutes. Figure out the important items such as ARV, rent estimate, rehab amount, good area, etc and how to quickly evaluate a deal. Quickly weed out the duds, write a lot of offers and save the thorough due diligence for escrow.
  9. Join a mastermind group – Mastermind groups are incredible. A mastermind groups is like having free business coaches. You have other experienced experts dissecting your business plan, offering advice, support, networking, contacts and tremendous help. They can even provide accountability as they will not be happy if you do not meet your deadlines and goals that you set. I recommend it to everyone.You can build your own or join an existing one.
  10. Educate yourself – Real estate is an ever changing industry. The market, laws, strategies, lending practices, etc are constantly changing. Business and technology are constantly evolving too. Education is the best investment, you can spend 5 hours to learn better negotiating and it can have a tremendous effect on your bottom line. Write down skills that will improve your business then learn them. Read books on business, self improvement, real estate, investing, etc. Some books I recommend are 4 Hour Work Week, Emyth Revisited, Goals by Brain Tracy, The Secret of Success by William Walker Atkinson and Rich Dad Poor Dad.

These are 10 ideas that can lead to massive results.  Please share, what ideas do you have to make the new year a great one?

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Last week, I commented on a great study by Realty Trac on Top 20 Rental Markets. This week the topic is Appreciation, Market Predictions and some great resources for market research.

While speculation for appreciation in real estate is a commonly used approach, appreciation is an extra bonus in my investing strategies. However, I absolutely research markets and trends including values, predictions, demographics and everything under the sun. Many investors seek to get in at the bottom. Many wait for the market to go up and jump on the bandwagon to ride the wave. Unfortunately many do not time this right, buy at the height and ride the plummet down. Such is life with speculation.

A few things to consider. First of all, understand that the future cannot be predicted and market values are out of our control. Local factors as well as lending, government and economic factors all impact values. The first time home buyer 8K credit is a great example of a government factor that propped values up and when it expired many markets took a sudden dip. The point is to do your research but also recognize that markets and the future are out of our control.

So where do you go to find good market value forecasts and predictions?

Home Value Forecast from Pro Teck Services – Here is a great resource for market prediction and appreciation over the next 5 years. It takes into account many important factors such as Number of Active Listings, Average Listing Price, Number of Sales, Average Active Market Time, Average Sold Price, Number of Foreclosure Sales, Number of New Listings, etc. There are 14 helpful graphs for savvy investors to use in their decision making.

HousingPredictor.com by State – Along the left hand side you will see write ups for each state. As I write this in April of 2013, not all states have write ups for 2013 but many do and hopefully the states you the reader are interested in.

Other resources:
101 Stats about all US Cities – City-Data.com
http://www.city-data.com/

Unemployment – Dept of Labor -
http://www.bls.gov/web/metro/laummtrk.htm
http://www.bls.gov/lau/#tables

Vacancy & Population – Census -
http://www.census.gov/hhes/www/housing/hvs/rates/index.html

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I don’t know about you, but for me it has been quite pleasant to hear mostly positive news about the wonderful world of US Real Estate lately. After about 5 years of gloom, this is a refreshing change and the shift has been happening for quite some time. I do embrace investing during the gloom also because the opportunities to buy low while the masses are running away are plentiful. Now most markets are predicted to appreciate, I will tackle this topic in post soon. Rates are still low as are prices in most markets. More people are renting now and vacancy in most cities is low. All in all, a great time to purchase buy and hold real estate.

Below is a list of the Top 20 Rental Markets from Realty Trac. I am not surprised at all to see Memphis, Atlanta, Kansas City, Detroit and Ohio up there. I expected Cleveland, Columbus or Cincinnati to join them and Indianapolis as well. MidWest and the South had very strong showings in the list. CA being absent is not a surprise for top rental markets, Phoenix and Las Vegas I did not expect in the top 20.

Top20RentalMarkets

 

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Here is some great info from our friends Than Merrill, Paul Esajian and JD Esajian who you may recognize from the hit show “Flip That House”. In this article the show some of the most under valued markets.

CNN Money recently published an article highlighting just how undervalued real estate is in many areas of the US. While there are certainly deals to be found in almost every neighborhood across the country, those serious about real estate investing will find that these areas offer some of the best deals for the future. Each may have their own individual reasons for being undervalued right now, though you can be sure in the long run that they will definitely offer real estate investing professionals some handsome profits in the near future.

15 most undervalued US cities according to Local Market Monitor:

* Las Vegas, NV – 27%

* Akron, OH – 22%

* Cleveland, OH – 21%

* Warren, MI – 21%

* McAllen, TX - 20%

* Stockton, CA - 19%

* Gary, IN – 16%

* Bakersfield, CA – 16%

* Dayton, OH – 16%

* Omaha, NE - 16%

* Rochester, NY – 16%

* Memphis, TN – 16%

* Columbus, OH – 16%

* Detroit, MI – 16%

* Cincinnati, OH – 15%

Besides the foreclosure crisis each of these cities has it’s own reason for being undervalued and extra attractive for real estate investing at the moment. Las Vegas has been one of the hardest hit by foreclosures but also suffers because of the employment situation. Michigan has seen seen prices driven down to rock bottom from foreclosures and crime and McAllen, Texas is among the border cities suffering from the sensational news headlines about Mexican gang violence.

Of course there are also many other areas of the country that hold amazing real estate investing deals that are drowned out by all the doom and gloom in the news. Did you know that Worcester, MA saw home values rise over $80,000 in just one moth last year? So do not get discouraged, there is plenty of money and big profits to be made by flipping real estate today.

If you find this helpful, you will love this FREE BONUS VIDEO on how to double your annual income and fire your boss in 30 days from Than Merrill, Paul and JD Esajian, stars from the hit tv show “FLIP THIS HOUSE”. CLICK HERE to access this incredible bonus video. Enjoy and best of luck!

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Posted in Ryan's Blog | 1 Comment

Many people become landlords because they have dreams and aspirations of making an easy fortune. They approach it with a cavalier attitude whereby they feel that they will not have to do much in order to reap financial rewards. Whilst becoming a landlord can indeed be extremely profitable in the long term, it is not a simple walk in the park to begin with! And it is important for any prospective landlords to be aware of the concerns and issues a landlord is likely to face.

Firstly, it is normally a good idea to begin life as a landlord as a property developer. That is to say buying a property at a lower price than usual with the intention of upgraded it in your own time and at your own cost. This is normally a great way to save a lot of money; however, you must absolutely avoid cutting corners when developing your property as safety is of paramount concern.

Whether you choose the property development route or whether you just buy a property that is already safe to live in, the next step will be to make sure you have all your legal documents in place, along with insurance! Hunt around for good insurance quotes and make sure you take out well detailed insurance policies. These will cover you against a whole range of difficulties you may face.

These difficulties can include tenants refusing to pay rent due to their own financial woes. In this case it will be important for you to make sure you are covered by Rent Guarantee Insurance as you will then be protected. Tenants dodging rent payments is the most common concern landlords face, however with the right insurance policy, you will never need to worry about such a thing!

Other concerns landlords face is that of attempted theft. In this case it will be important again to ensure you are insured. But there are also other things you can do yourself. Make sure your property is water tight. That is to say, make sure it is well secured and properly alarmed and that it is not an easy target for burglars.

Furthermore, many landlords have to deal with their property becoming damaged at some point. This is of course not uncommon and so you may be able to solve such issues by coming to some form of agreement with your tenants in order to fix the damage.

As a landlord it will also be important to set out rules and regulations in terms of keeping the property clean and tidy. Maybe you will choose to hire a cleaner once a week, or maybe you will leave it up to your tenants to look after themselves; if this is the case then make sure you set out rules and regulations straight away so that you can keep your property presentable to future tenants when it comes to them having a look round.

This is of course not a definitive list of concerns a landlord may face, but as long as you follow the correct procedures, make sure you are covered by good insurance policies, and maintain a respectful relationship with your tenants, then life as a landlord will likely be a pleasure!

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Posted in Ryan's Blog | 1 Comment

Happy New Year to all and best wishes for 2011! I’m hearing a lot of noise regarding a possible rebound in the housing market in 2011. Is it true? Well, as always the market is out of our control. But what we can control are the business decisions we make. In an ever changing industry, we must continuously improve to survive and flourish. So, to bring in the New Year I see it as only fitting to provide 11 ideas that if implemented properly can drastically improve your real estate investing business in 2011. I hope you enjoy and best of luck this year! Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | Leave a comment

Flipping properties has become a very attractive strategy for beginners and experienced investors. If bought right, rehabbed right and sold fast you can really achieve a high annualized return. It definitely requires a lot more expertise and is more risky than many other strategies but done right can lead to big profits. Here are 5 keys to identify areas ripe for flips. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | 2 Comments

Due diligence isn’t just important, it is critical to success. Business decisions are based on solid information, you must be able to justify your decisions based on due diligence. Here is a very thorough checklist of due diligence items to complete. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | 1 Comment

Stories of a double dip can be found everywhere, is it true? Inventory is adding up as banks are holding back foreclosures and government intervention is further slowing the recovery. I saw an email recently with and asterisk by half of the 30 listings which means they are on hold due to the Foreclosure Moratorium. Everything has to work its way through the system. Some markets could be in trouble, others are prime for the picking. Continue reading

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Posted in Market, Ryan's Blog | 1 Comment

Foreign investors are opting for the opportunities of a lifetime in the US at record levels. Not only are the opportunities great but the currency exchange is another huge opportunity as the US dollar is very weak and much below historical averages. Just like investing in your homeland, foreign investors must be smart and do their due diligence, in the case of investing abroad they must do more due diligence. Here are 5 things to avoid. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | Leave a comment

Flips are more difficult to find then rentals and more risky but have greater upside potential. If done right that is. Here are 5 musts before taking on a flip project. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | Leave a comment

As investors, we are in it to make a return right? Absolutely, now what is a realistic return? In some areas good returns are 5-7%. In others returns are 10, 15, maybe even 20+% return. How do you get these returns? Continue reading

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Posted in Ryan's Blog | 2 Comments

Home values in the US more than doubled in many areas. Loans were given to anyone with a pulse and the bidding wars began. I witnessed properties that were listed for 10% above market value then offers came in at 20K even 50K above asking price. Property values soared and the market did not support these astronomical prices. The bust was inevitable and now in many markets we have hit bottom. What do we do now? Do we run? Or is this the opportunity of a lifetime? You better believe it is the opportunity of a lifetime. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | 1 Comment

Our last flip went perfect, a 70% LTV and we made a nice annualized return (tip #5). It was in a suburb just outside of a great rental area and before you get to the nicer suburbs. We categorize this as a high end blue collar area (tip #1) which are perfect for flips and/or rentals. REO sales are in the 30s with retail sale ranging from 80-130K which shows a huge discount for REOs (tip #2). The best part is there was only 1 for sale property in the neighborhood compared to 4 sold comps (tip #3) and there was definite pride of ownership with few rentals (tip #4). Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | Leave a comment

Special Bonus - Access our Guide on Investing in Turnkey Rentals from Out of State and Out of Country

Investing out of state has become very lucrative for savvy investors. Many foreigners are even running to US to invest in real estate as not only are the deals incredible but the dollar is very weak in comparison so it is another huge opportunity. Investing in the US however is not without it’s pitfalls. There are still good deals and bad deals. Investors must be smart, here are some vital tips and pitfalls to avoid. Continue reading

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Posted in Tips & Standards | Leave a comment

In doing continued research, I pulled the last 10 years of population statistics from Census. This is very interesting data and can be useful, it took days to work my magic on this data to come up with the tables below and I hope you find it helpful. Population is not everything, I urge you to consider other factors such as competition, availability of great deals, unemployment, returns, vacancy rate, depreciation, etc. In fact, many of the fastest growing markets also have the highest depreciation, unemployment and vacancy rates. A lot of these markets became very speculative, over hyped, over built and have too much competition. Population increase still never hurts as it is demand for housing, just make sure when choosing a market to consider more important factors. Check out my other blog post on Unemployment recap, Where to Invest as well as my guides on Market Stability, Where to Invest, Markets with Highest Returns etc. The will provide very useful info on a lot of the other factors to consider when choosing where to invest. Continue reading

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Posted in Beginner's Advice, Expert Advice, Market, Tips & Standards | Leave a comment

This is great data straight from the Department of Labor that I found to be extremely useful. Not surprising is that the fall of the auto industry has left Detroit near the bottom. What will surprise many is that the hot markets of Vegas, California and Florida dominate the areas with highest unemployment. These are the same markets that saw the highest peak and largest fall and cannot bode well for these markets until job stability returns. Other smaller, less hyped markets have less unemployment, far less than the national average of 9.5%. Washington DC is number one at 6%, well below the national average. A few Texas markets have low unemployment as well as some MidWest cities like Cleveland, Columbus, Pittsburgh and Milwaukee. Continue reading

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Posted in Beginner's Advice, Expert Advice, Market, Tips & Standards | Leave a comment

Funding is a challenge in today’s market. The ability to find and close private investors is key to many investors success. You can defuse defense mechanisms from potential private investors by disqualifying them. Say “Not that you would be interested, but you might now some friends interested in a great return secured by real estate”. You can also lead into getting referrals. Here is more in a quick video.

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Posted in Beginner's Advice, Expert Advice, Financing, Ryan's Blog, Tips & Standards | Leave a comment

In this post, I want to share a video from a guy who always has tremendous tips. His name is Mark Walters with the Cashflow Instutite. I have listened to his videos and read his tips for a long time and have always been impressed. This one is very creative and is dead on accurate on how to find wholesale buyers and how to find the right area to wholesale. It is a must to listen to this one as it is a fantastic tip. Click the link here and check out Mark’s other great tips.

http://cashflowinstitute.com/quickturn/

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Posted in Beginner's Advice, Expert Advice, Tips & Standards | Leave a comment

I hear people all the time passing blame for the housing meltdown. Is it the banks, home owners, mortgage brokers, policy makers, other? Let’s take a closer look.

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Posted in Market, Ryan's Blog | 1 Comment

It is unfortunate, but most people are speculators. Even media stories are almost always speculative. Is the market up or down? And where is it going? What they don’t tell you is how to be a true real estate investor and control your success. We do not have control over the market, it will go up and down and is always cyclical. However, we can buy at deep discounts, buy with strong cash flow and even add value to a home. Here are ways to avoid gambling on speculation and control your success.

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | Leave a comment

Don’t miss out on the Free Online Training below, our special bonus.

Most beginners start out confused and uncomfortable. They do not know what to do, are pulled in way too many directions and are lost in an information world often called analysis paralysis. They struggle bridging the gap between learning and doing. Here are the best 3 pieces of advice for beginners to become successful investors fast.

1. Focused Strategy – Pick one strategy, focus all your efforts on this strategy and become a master. There will be no more spinning your wheels, confusion and uncomfortable feelings. Commit to this strategy and only this strategy until you are an absolute expert and master.

2. Specific Target Market – Choose 1-3 specific areas as your target market. Any more than that and you are spreading yourself too thin and taking unneeded risks. Learn these areas inside out. Meet the agents, investors and professionals that work in the area.

3. Simple Plan – Document a simple business plan. This does not have to be a full professional business plan, but it must be documented. Keep it simple and implement your plan to achieve your goals.

Many beginners will continue to spin their wheels. Some however will focus on one strategy, choose specific target markets and document a simple plan. The later almost always become more successful. When are you going to take this advice and achieve success?

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Posted in Beginner's Advice, Entreprenuership, Ryan's Blog | Leave a comment

If you have been investing for awhile you will have seen some ups and downs. You will notice patterns and will notice how many investors make their decisions. Unfortunately you will notice many mistakes. Have you ever received advice to Buy High Sell Low? Let’s hope not but why do so many do it? Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

Some investors talk about what is hot, where is hot and what excites them. Unfortunately, they may be walking into a trap. Hot areas and strategies often have too much competition and it is way too late. What investors should focus on is often not too exciting. Emotions are not invoked, which is a good thing but the numbers just make sense which is the only thing that matters. All investors should focus on the following 4 things. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

All beginning investors should focus on one strategy. Now that you have a strategy what is your plan to find deals? Here are tips to find the best deals. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

By Brian Davis, Business Development Manager
bdavis@theentrustgroup.com

LLCs are one of the most popular investments I see self-directed IRA account holders participating in. An LLC is a legal company that limits liability for its members, while providing some tax advantages. Typically, LLCs are used as a vehicle for participants, or investors who have a specific set of investment objectives. A necessary element of the LLC is an operating agreement, which characterizes how the LLC is to conduct is affairs and investment goals. Some clients create their own LLC for the sole purpose of investing their IRA funds, while some pool their monies with others in an LLC to make investments. Further, there are others who are looking to invest in a private company that has been previously set up as an LLC. You should definitely meet with and discuss this option with your accountant, CPA, or other financial professionals to decide if this strategy is right for you. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

There are a lot of social media sites, forums, blogs, networking sites, etc. I have tried many, most in fact, and with mixed results. One in particular I believe is mandatory and is dedicated to investing in real estate and helping investors succeed. That site is BiggerPockets.com. If you are a real estate investor and are not on BiggerPockets.com you should sign up immediately. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 1 Comment

I-Phones, Droid, SmartPhones, Blackberries, Crack. They all create the same madness. Awesome functionality I admit, but are they beneficial? Do they increase productivity and save you time? Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

If you are like me, you cannot stop reading and learning about real estate and business. I listen to audio books while working on the computer, in the car, even at the gym or when listening to my IPod. No joking around here, my high school self would beat up my current self and put bubble gum in my hair for being such a dork. Anyone else out there that can relate? Here are the most influential books that have helped my real estate business. Please share with all of us, what are some of your most influential books? Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 3 Comments

If you are an active investor and have not considered lease options as a way to make money, you may want to. Here are just 6 ways you can profit from lease options. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

Here are some tips for sellers and buyers when negotiating a lease option. It always helps to consult an attorney to make sure everything is legit. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 4 Comments

Lease options have tremendous benefits for investors especially in today’s market where real estate transactions are lower and lending is tight. If you are renting a home, it may be a great idea to lease option. Here are some tremendous benefits, I am sure you will consider this as an exit strategy.

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

Owning a home is a dream for many people, most people in fact. Obtaining loans is not so easy with the tight lending constraints and many settle and rent. Not so fast. A lease option is a great way to own a home of your own! Here are some benefits for buyers. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

Many home owners would like to sell or need to sell but cannot in today’s market. Maybe they cannot get what they owe, or they do not want to sell for so low or buyers have not been able to qualify. If they do not stay in the home, they usually rent. Here are a list of reasons why lease options are incredible for sellers.
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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

For a long time I did not consider lease options as a way to profit as a real estate investor. The recent bust in the housing economy has made me reconsider. Lease options are incredible, and in any market! They are great for sellers, buyers and investors. Here I list some benefits of lease options. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

In many areas market stability has not been restored. High inventory, high unemployment and high home prices will lead to further declines in home values. However, we are very close to hitting bottom and in many markets we already have. Remember, real estate is regional and you have to research not the entire country but down to the zip code, neighborhood, street and specific property. The article below sheds some light on Obama’s efforts and home values, a very interesting read. For more information, check out our Market Stability Report for info on your market and our Guide on Where to Invest. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards | Leave a comment

The real estate market has been quite volatile the last 10 years. We went through a huge boom and a huge bust. Lots of reports are swirling about more foreclosures causing more downward pressure on real estate markets. Many positive reports are swirling that the bottom is here, inventory is down and buyers are coming out. Who and what do you believe? What is your market outlook, which markets are in trouble, on the rebound and is the bottom finally here? Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Financing, Market, Ryan's Blog, Tips & Standards, Uncategorized | Tagged , , , | Leave a comment

It is easy to read or listen to theory and understand. But knowledge is internalized by applying. The best way to learn is by doing. Here are 6 exercises that are a must for beginner real estate investors to gain the hands on knowledge they need to be successful in real estate the fastest. Investors of all kinds can benefit from these exercises. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | Leave a comment

Real estate investing is a very exciting business. The success stories can get beginners so pumped that they would do just about anything to do a deal. Unfortunately anything is often a slew of mistakes which end with brutal results. Here are some vital mistakes to avoid and tips for real estate investors. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | 5 Comments

The biggest challenge and my most asked question is “How do I fund deals?”. Lending is tight in today’s market and I always recommend raising private money. There are incredible benefits when using cash. Your exercise is: Go to a business networking meeting, preferably a speed networking meeting and give your elevator speech. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | Tagged , , , , | Leave a comment

At this point, you have already overcome 2 huge hurdles where most investors make their mistakes. It often takes most investors 2-5 years to get to where you are right now after just 2 exercises. This is how powerful these exercises can be. If you are not comfortable, I strongly recommend you repeat exercise 1 and 2 many times. I myself did each 3 times and can think of 10 items I would like to upgrade in my home perfect for the exercises. So by all means, repeat these exercises as much as you can. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | Leave a comment

Additional tasks for Buy Right:

  1. Obtain motivated sellers lists – Get foreclosure/default, probate, absentee owners, expired listing and other lists. If you do not know where to get these, contact local investors, real estate agents, title, escrow, county recorder’s office, etc. Keep looking until you find these lists as they are out there and most people do not know about them. Other lists are for sale by owners, rehabs, for rent lists, etc. This step is necessary as the best deals you will find are by getting sellers from these lists to contact you. You will negotiate directly with the seller usually with no competition. Continue reading
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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | Leave a comment

It is important to learn and stay sharp as a real estate investor. Learning theory is great, but applying by doing is the best way to learn and retain. Here is the 2nd of a series of exercises that new and existing real estate investors must do to hone their craft. Sell an item on Craigslist for more than an item is worth and fast with favorable terms. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | 4 Comments

It is important to learn and stay sharp as a real estate investor. Learning theory is great, but applying by doing is the best way to learn and retain. Here is the 1st of a series of exercises that new and existing real estate investors must do to hone their craft. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | 7 Comments

This update from FHA was released on Friday January 15th, 2010, as an excerpt from the CFR (Code of Federal Regulations) without a corresponding Mortgagee Letter and contains information about FHA’s policies regarding the waiver of the 90-day seasoning required for sellers. Continue reading

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Posted in Beginner's Advice, Financing | 8 Comments

Every business must start with a business plan. No matter how short, not having a plan is planning to fail. The biggest mistake I see with investors is never focusing on one strategy. They spread themselves too thin and never become a master. Here is an outline of a very simple business plan, which can very well be the start to your successful real estate business. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Tips & Standards | 5 Comments

Ever been in a bidding war? Ever lost 10 bidding wars straight? I have and needed a solution. Fact is, many markets have so much competition that bidding wars drive up purchase price way above acceptable LTV levels. First, you must always pass on deals that do not meet your criteria, loosening your criteria is not the solution. The solution is to find motivated sellers without all the competition. Continue reading

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Posted in Beginner's Advice, Tips & Standards | Leave a comment

During the boom, investors made profits with all sorts of strategies, even with little knowledge and many mistakes. Those investors may have experienced a rough couple years and may have given up. Here I will discuss the key to break thru and succeed whether a beginner or in a rut. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Tips & Standards | 1 Comment

The current state of the economy has resulted in many challenges for Americans. Foreclosures are at record highs, unemployment is very high and we are in the worst recession since The Great Depression. Times are tough, but we must adapt. Savvy investors see this time as an opportunity to make some of the best investments of their lives. In 30 years, we will talk about how we could buy properties for almost nothing during this recession and we wish we bought 300 more doors. This time is not without risk, below are 6 tips for investing in tough times. Continue reading

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Posted in Uncategorized | 9 Comments

Have you ever heard of the term shadow inventory? This term seems to frighten most people as it will have a negative effect on the value of real estate. Here is an explanation of shadow inventory including the expected result and recommendations for investors. Continue reading

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Posted in Market | Leave a comment

Time and time again, beginners make the most common real estate investing mistake. They have goals and aspirations to change their lifestyle and become financially free through real estate. They are so excited they can barely sleep. They read, learn, attend and listen to every bit of real estate material they can find. Continue reading

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Posted in Beginner's Advice | 5 Comments

To get conventional financing as an investor, many deals require a large down payment. Hard money lenders even require substantial down payments. Financing is a difficult challenge for many investors. So how do we do deals?

Real estate is an Other People’s Money business. Plain and simple, you do not need your own money to do deals. Let’s look at this example deal. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Financing, Tips & Standards | 7 Comments

One of the Myth’s of real estate is that you have to have money. This is flat out not true, you can absolutely do deals with no money and credit. There are a few precautions I want to mention, especially for beginners before explaining how to do deals with no money and no credit. Continue reading

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Posted in Beginner's Advice, Financing, Tips & Standards | 16 Comments

Would you like more time, better performance, more success, less responsibility? These are just a few of the reasons to hire an assistant. I want to quickly show you how to easily identify items you can delegate to an assistant. I will let you be the judge on how helpful it will be to hire an assistant. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | Leave a comment

Have you attended seminars, read and learned about real estate? Are you one of the many with nothing to show for it? Have you paid thousands for seminars and coaching but have still yet to do a deal? Do you love the potential real estate investing offers and the resulting lifestyle? Do you get excited? Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Tips & Standards | Leave a comment

Wholesaling and bird dogging is a very popular strategy for beginners. 2 very important skills are needed: finding great deals and building a buyers list. Here are 6 ways to build your buyers list.


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Posted in Beginner's Advice, Tips & Standards | 2 Comments

The foreclosures are creating tremendous opportunities, but how do you buy right? Here are 6 tips for buying foreclosures. Continue reading

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Posted in Beginner's Advice | 29 Comments

  1. Have a plan – Most beginners so excited over the possibilities of real estate that they jump into any deal no matter what the numbers, risk and strategy and do whatever they can to make it work. This can result in disaster. Not having a plan is planning to fail. Choose one strategy and focus on nothing but that. Document that strategy in a business plan and you will significantly increase your chance of success. Continue reading
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Posted in Beginner's Advice, Tips & Standards | 1 Comment

Just beginning or with plenty of experience, a good mentor can be your key to success. No matter what your challenge or goals, here are ways to choose the right mentor and what they can do for your business. Be sure to check out our forum & social network.

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Posted in Beginner's Advice | Leave a comment

The question and requests I get the most in today’s market is regarding financing. The biggest challenge for investors is financing. Banks are not lending to investors and even if they are the requirements are so brutal only the top % of people can get approved. The solution, private money! Here are reasons why private money is the best way to fund deals in today’s market.

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Posted in Financing | 2 Comments

Many investors never acquire comfort with investing in real estate. They wonder from strategy to strategy, read, learn and attend every event they can and then? Nothing, they do nothing and cannot overcome their fear. Here are some steps to overcome your fears and get on the fast track towards success. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

If something takes 5 minutes a day, but saves hours and drastically improve your success would you do it? 100% of you are saying yes right now, now I want you to commit 1 whole year to doing this. You will be amazed by the results and you will continue to do it for the rest of your life. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

  1. Goals – Write down your goals, what it will take to achieve them and start doing these tasks. Update this daily, you will be amazed how you can pick up right from where you left off the previous day and how much more you get done after only a week. Continue reading
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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 5 Comments

One of the biggest reasons small businesses fail is because the owners cannot separate themselves from the daily processes to focus on improving, growing and making their business a success. They are stuck working 12 hours a day handling the daily processes and burn out. Real estate is similar in many ways. Here are 5 reasons most real estate investors fail.

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

How do you come up with your offer price? Do you offer 10% less than the offer price? Do you get into a bidding war, pay full asking price, wing it or do you have a strategy to come up with your offer price? I am amazed at the responses to these questions and would love to hear your strategy to come up with your offer price. Here are some tips. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 8 Comments

What is the cause of foreclosures? Economy, mortgage meltdown, other? The answer is all of the above and more. There is a 2nd wave of foreclosures coming as delinquent mortgages have increased tremendously in 2009 vs 2008. While this is unfortunate for many homeowners, this is incredible for investors who can cherry pick from the tremendous supply of properties for sale. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

There are a lot of skills needed to become a savvy and successful real estate investor. Do you enjoy the challenge, have the time and/or have the comfort? Are you comfortable with investments backed by real estate but do not want to deal with the hassles and time? Here are some of the skills and questions you must ask yourself to find out if active or passive real estate is right for you. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | Leave a comment

Has the real estate market bottomed? No, nope, not a chance. We are through 1 of 3 storms and have a crippled economy and really high unemployment. The good news is that we are through the worst. With terrible times come tremendous opportunities. After the last up cycle where everything went way higher then it should have, this had to happen. It is inevitable. If you are like me, you see the next 3-5 years as the opportunity of a lifetime. Here is why. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 11 Comments

One of the big motivators for becoming a real estate investor is to get out of the rat race. Real estate investing can be an 80 hour a week job, or it can provide you with financial freedom and a lifestyle where you get to choose how, when, where, why. The key is to become an entrepreneur. Many think of an entrepreneur as just a business owner, but an entrepreneur is much more.

An entrepreneur can be sipping on Mai Tais in a far off land while his/her business or better yet businesses are running themselves and increasing net worth and cash flow. Here are some tips to become a passive investor and true entrepreneur. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

Have you been in a multiple offer situation? A dollar short or day late? Outbid by a small or drastic margin? Competition poses an interesting challenge to investors, if there was one piece of advice it would without a doubt be “Avoid It!” Here are a few tips to deal with competition.

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This article is not meant to be negative, rather inform readers of reality and encourage investors to be excited about the tremendous opportunities in the next 3-5 years. Are we at bottom? No one can predict that but there are a lot of factors that impact home values that will keep them down, even lower home values more in many areas. Here I will talk about Interest Rates, the effect on property values and advice for investors. Continue reading

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Today’s real estate market can present some unique and trying challenges. Financing for one, especially for investors is extremely tight. Real estate and the economy are experiencing the largest downturn since the Great Depression. Here are 5 tips for today’s market. Continue reading

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If you are like me, you cannot stop reading and learning about real estate and business. I listen to audio books while working on the computer, in the car, even at the gym or when listening to my IPod. No joking around here, my high school self would beat up my 33 year old self and put bubble gum in my hair for being such a dork. Anyone else out there that can relate? Here are the most influential books that have helped my real estate business. Continue reading

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Posted in Beginner's Advice, Entreprenuership, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 10 Comments

Is it true, is there actually a 2nd wave of foreclosures coming? I’ve heard about it coming for months but it has yet to arrive. Well it is coming. Some banks are holding back inventory and many foreclosures have yet to go into default. Here is a great article about the next wave of subprime mortgage foreclosures. Here are 4 common questions about this 2nd wave. Continue reading

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Financing is the biggest challenge for most investors. I previously wrote How to Generate Private Money listing the 6 steps below. Here I will break down the 6th step Treat them like your grandmother. Continue reading

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Financing is the biggest challenge for most investors. I previously wrote How to Generate Private Money listing the 6 steps below. Here I will break down the 5th step Handle objections, ask for referrals. Continue reading

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Real estate can provide passive income, even allow you to quit your day job and become financially free. For many investors, this is the goal. To be their own boss and to be able to work when they want and where they want. Here are 5 must before you give up your day job. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 8 Comments

Starting out in real estate can be very difficult for beginners. There are a lot of unknowns and comfort barriers that must be overcome not to mention the time it takes. Here are 10 tips to jump start your real estate investing career. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 7 Comments

Buying cash flow real estate to hold is one of the best strategies in many areas in today’s market. However, there are many challenges and mistakes that can be made especially with beginners. Here are 4 things to avoid when buying cash flow real estate. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 16 Comments

Financing is the biggest challenge for most investors. I previously wrote How to Generate Private Money listing the 6 steps below. Here I will break down the 3rd step Find a great deal, illustrate a win-win, the deal and the risk. Continue reading

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Financing is the biggest challenge for most investors. I previously wrote How to Generate Private Money listing the 6 steps below. Here I will break down the 2nd step Face to Face Presentations. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 2 Comments

Financing is the biggest challenge for most investors. I previously wrote How to Generate Private Money listing the 6 steps below. Here I will break down the 1st step Pitch your opportunity to everyone. Continue reading

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With so many ways to make money in real estate, how are you going to choose to make your money? Investors can make loads of money in residential flips or rehabs or commercial buildings, apartments, self storage, mobile homes, even vacation property. There are even different ways to profit in each of these asset classes, it just depends on how you wish to exit. But what happens when you have only one exit and it fails? For starters, here is a list of different exit strategies. Continue reading

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Located in Central OH, Columbus has the most stable economy in OH. Home to The Ohio State University, Columbus has experienced job and population growth for years. Very similar to Indianapolis, the diverse economy did not take as much of a hit during this economic slowdown as many areas in the US. Continue reading

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What is the importance of a professional website presence for your business? Let’s think for a minute. How many times have you come across an opportunity and one of the first things you do is search the company, view their website and determine if they are credible? Let’s face it, in today’s day and age a professional website can make a huge difference for your business.

In this article I will go over what, who, content, even some don’ts on how to best set up a professional and dynamic website presence for your business. Continue reading

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards, Uncategorized | 1 Comment

Situated on Lake Erie, the greater Cleveland and Akron area comprise of approximately 3 million people. Many Universities including Kent State, Akron and very prestigious schools like Case Western and John Carroll call Northeast OH their home. 3 professional sports, the Rock and Roll Hall of Fame, the Football Hall of Fame and Cedar Point the world’s best rated amusement park are all in or not too far of a drive. Continue reading

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Should you follow everyone and invest in the hot appreciating markets the media and everyone talks about? The media has a much different approach in that they look at hot markets speculatively as ones that will appreciate, our approach is much different. I previously wrote on the topic where to invest and identified many smaller cities, the Midwest and OH as areas that hit on all 4 of my criteria: Little chance of depreciation, lots of available deals, low competition, multiple exit strategies. Here I will identify specific cities that have an oversupply of opportunity for savvy investors.

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Posted in Beginner's Advice, Expert Advice, Ryan's Blog, Tips & Standards | 8 Comments

When it comes to finding great real estate deals, I am a firm believer that you can find deals in any market and any time. But what is the probability that you can cherry pick from many home run deals have little competition and multiple exit strategies? The best markets allow you to consistently find successful deals, create efficient systems and duplicate over and over. The media has a much different approach in that they look at hot markets speculatively as ones that will appreciate, our approach is much different. Continue reading

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Most people invest in the area they live in. Others do extensive research and target areas they feel they can thrive. Many factors go into selecting where to invest. There are some important items to consider when choosing a market. Continue reading

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Most investors go to networking events, real estate clubs and seminars. I’m sure you have stumbled across some very successful investors at these events. You may even be able to point out a handful of extremely successful ones. Just think about how hard and how long these investors have worked. Wouldn’t it be great to know what they know? What is it that makes these investors so successful? Continue reading

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Savvy investors are getting creative and taking control over the success of their investments. Many are using Self Directed IRAs, some are even taking advantage of the oversupply of opportunity in real estate. They are borrowing against their portfolio and making more as a passive real estate investor or Private Investor. All of this is made possible using a HedgeLoan and becoming a Private Money Lender. Continue reading

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When you make decisions, do you make good informed business decisions? Are you using accurate and justifiable data, facts and information? Do you use stories and information from the news to make your decision? If so, I would recommend checking up on the information to make sure it is useful. You see, the goal for the news is to get ratings. For whatever reason, people love fear and drama. That is what the news is selling. Continue reading

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I love my car. It is exactly what I need. However it is not what I want. When gas prices went up to over $4 a gallon, I decided to purchase a car with cash that was reliable and good on gas. I did not care what it looked like, it just had to last me 2 years, max $2K and around 30 miles per gallon. So I went on craigslist and began my search. I did the following as was amazed how similar it is to finding a motivated seller and purchase an investment property: Continue reading

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