If this is your first time reading this site, you should know that I usually say buying a home is a bad investment. So, it comes as a huge surprise to many people that I just recently put a home under agreement. Why? Because owning a home is undoubtedly a bad investment and a huge liability! [...]
It's official - I just closed on my first apartment complex deal. It's really a huge accomplishment - I'm a General Partner on a $16 million deal! It took me an entire year to do it, and, as I write this, I think back on how I got here and realize it was a really long [...]
That's what someone who was very close to me said when I was making a decision about a tenant... "Karma's a bitch." They also said, "You're a slumlord" and "You're taking advantage of him." These are some really strong words, and, as you can imagine, it really made me second guess my decisions. I almost waffled [...]
Wow, has it already been a year? It's crazy to think about that, and the fact I haven't done a single update about this deal yet! It might be a long post, so bear with me. I have a year of problems to detail! If you didn't get a chance to see the original post, [...]
"Rich Dad Poor Dad" was a foundational book for many investors, myself included. Though I started investing in real estate before ever reading this book, I must say that the mindset it helped me attain is invaluable in getting to where I am today. Top 5 Takeaways From Rich Dad Poor Dad It's impossible to [...]
I've officially closed on the newest addition to my portfolio - a 5 unit mixed-use property. It consists of 2 buildings. The front building is a 4 unit building with 3 residential and 1 commercial space on the street front. The rear building is a single-family residence. Currently, the rents are: 1 BR - $450 2 [...]
It's a common issue between spouses - one wants to invest more aggressively and the other is more conservative. How do you bridge this gap and convince your husband or wife to invest in real estate?
Drowning in debt, I did back to back closings selling my first flip and buying a rental property. Read how my first deal was a flop. Luckily I learned from this and my second deal was better than ever!