A few years ago I was talking to a real estate coaching client who was extremely anxious about his finances. The details have been changed for his privacy, but let’s call him James. James was in his late 50s, and he felt like time was working against him. A series of life setbacks during the prior [Continue Reading]
The Value Compass
“Freedom is what we’re all looking for, and value is the way to achieve it.” Chris Guillebeau, The 100 Startup Freedom. Wouldn’t you say that is a big part of why you want to be in business? In the $100 Startup Chris Guillebeau points out that if we want freedom, we must first focus on value. In fact, [Continue Reading]
How to Quit Your Job & Invest in Real Estate Full Time – the Final Steps
I became a full-time real estate entrepreneur right after graduating from college. I started from scratch with wholesaling, and then a partner and I progressed to flipping, rentals, notes, master leasing and other niches within real estate. Today, our main focus is on regular monthly income (we own and manage 61 units), and we continue [Continue Reading]
How to Quit Your Job & Invest in Real Estate Full Time – Steps 1, 2, & 3
I became a full-time real estate entrepreneur right after graduating from college. I started from scratch with wholesaling, and then a partner and I progressed to flipping, rentals, notes, master leasing and other niches within real estate. Today, our main focus is on regular monthly income (we own and manage 61 units), and we continue [Continue Reading]
Why More Real Estate Deals Don’t Fall Into Your Lap
Have you heard the latest news? People are doing lots of deals! Investors are making money again! So isn’t it time for you to get more deals too? Maybe you’ve tried. You’ve followed the MLS daily. You’ve sent out direct mail. You’ve made your business card. You’ve built your team. Why don’t those good deals [Continue Reading]
Getting Started – My Sprint Up the Real Estate Investing Mountain
When I was first getting started in real estate investing, I studied a few different successful investors whose business models really intrigued me. These investors were buying, fixing up, and selling 50 houses per year! The investors were also averaging $20,000 profit per house. I could do that math: 50 x $20,000 = $1 million per [Continue Reading]