Have you ever been afraid or uncertain about a decision to buy an investment property? When you’re spending hundreds of thousands of dollars on one purchase, these feelings are normal! The question is how you respond to the fear and uncertainty. Do you slip into analysis paralysis where you’re frozen and never make a decision? [Continue Reading]
The Time We Paid Cash For a House 3 Days
One time my business partner and I paid cash for a house and bought it in 3 days! The deal was agreed to on a Wednesday, and we closed on that Friday. I’ve been marketing “I Buy Houses, Fast Cash” for years, but I have to admit this was a first. Our previous best was [Continue Reading]
The Warren Buffett Way: Investment Strategies of the World’s Greatest Investor
( Print | Ebook | Audiobook) What I Like About the Book Warren Buffett is one of the richest individuals in the world with a net worth of approximately 62 billion in 2016. But unlike many of the wealthiest individuals, Buffett acquired his wealth almost exclusively from investing and not by starting and growing an operating business. This [Continue Reading]
Active or Passive: Do You Know Your Investor Type?
Investing legend Benjamin Graham (a mentor to Warren Buffett) divided investors into two categories: Passive (defensive) investors Active (aggressive) investors Do you know which one you are? Whether you invest in real estate or something else, this is an important choice. According to Graham in The Intelligent Investor, passive investors want “freedom from effort, annoyance, and [Continue Reading]
How to Use Smart Leverage in Real Estate Investing
I am a fan of using real estate investing to climb the wealth-building mountain. One of the most unique benefits of real estate investing is that it can give you the ability to use smart leverage to magnify your returns while also protecting your down side. The Power (and Danger) of Leverage Ancient greek scientist and philosopher Archimedes once said: Give [Continue Reading]
Your Business Is the Product: How to Create a Unique Business That Works
“The Entrepreneurial Model has less to do with what’s done in a business and more to do with how it’s done. The commodity isn’t what’s important — the way it’s delivered is.” Michael Gerber, The E-Myth Revisited The best businesses do not make their business only about the commodity they sell. A commodity is a house, [Continue Reading]