Each of us have varying degrees of risk aversion and fears when it comes to learning a new topic or trying something new. Especially because of our backgrounds, education and childhood rearing much of who we are is ingrained within us and hard to change. When it comes to financial education, it is extremely difficult […]
A question that I usually get from new investors is how much cash is needed to invest. When investing passively with active syndicators, each will have their own minimums. Usually, the typical minimum is around $50,000. This article is written on the assumption that, as a working professional, liquid cash is not the option. Below […]
What does it take? What does it take to be truly successful in building lasting wealth from real estate investing? Is it finding great deals? What about having great partners? Is it access to capital? All of these are critical assets and resources, but even deeper is something more foundational, and the good news is […]
This past weekend was insanely amazing! I attended the Jake and Gino Multifamily Mastery 4 conference in Orlando, FL, just an hour away from where I reside in Melbourne, FL. What a great treat it was! Actually, it was infinitely more rewarding than I could have imagined. Let me explain. Solidify Relationships For the last […]
We often talk about wealth building as the most attractive part of being a multifamily investor. But there is great responsibility in this business. As active syndicators, we serve two very important stakeholders: investors and residents. Unfortunately, most content is about the former, and not enough discussion exists about the wonderful service we get to […]
I have interacted with many people who have been interested in learning about the wealth-building power of real estate and means by which they can invest. Since having begun my education journey in 2013, I have utilized various resources – 99% percent of them are free – to catapult my knowledge and allow me to […]
Many beginning or aspiring investors ask about the concept of buying a Turnkey Rental, which is just like it sounds: a rental property that is stabilized, or occupied by a tenant and needs (or should need) no work. The Appeal Turnkey rentals are appealing to many for obvious reasons: No work up front: the appeal […]
I recently read “Syndication is a B*tch – And Other Truths You Haven’t Been Told” by Bruce Peterson and it is a game changer. For anyone who wants to someday syndicate multi-family deals, this is a must read. Whereas other books and resources speak primarily about how the process of syndication and the the wealth […]
I want to share with you the most imporant lesson, one that caused me to rethink my approach to real estate and wealth building altogether. Next Level Investing Involves Teamwork To get to the next level, in addition to creating systems, planning for scale and working through the discomfort, I learned that I must stop […]
As you may know, in addition to my venture into multifamily investing, I also own single family rentals. Single families are a great way to start out in real estate investing and was, in fact, my first foray into the world of cash flow. Find out more about my story here. I had been self-managing […]
What does it take to invest well and achieve great wealth? Talent, know-how, resources? Of course. However, my argument is that more critical to investment success is mindset. Mindset governs everything else.Mindset governs the behaviors that lead to believing bigger, deciding to invest, and maintaining discipline. Believes Bigger Any entrepreneur or wealth builder eventually comes […]
I like Robert Kiyosaki. I also like Dave Ramsey. Both want you to be successful, but share very different definitions and paths to that success. Most people need to hear Dave Ramsey’s message. It is one of discipline, getting out of debt and living life unconstrained to financial burden. To accomplish this is to live […]
I was recently blessed with the opportunity to join Pinny Lubinsky on the Real Estate Ventures Podcast to discuss my apartment investing business and the importance of building a platform and marketing yourself wherever possible. You can check out the full interview here! For anyone who aspires to scale his or her real estate investment […]
You can do anything, but you cannot do everything – Robert Helms About a year ago, I was driving home from work and listening to the Real Estate Guys Podcast, a top choice of mine for education and inspiration. In this particular episode, Robert Helms and Russell Gray were discussing goals and mission. They were […]
There is a trade off that exists when it comes to the types of property and locations in which to invest. If it were every investor’s choice, they would only invest in the absolute most desirable areas and neighborhoods. However, sometimes due to demand and valuation, finding a suitable asset that meets your criteria can […]
Yes, I am going there! Why? Because it needs to be discussed. The elephant in the room to all investing podcasts, blogs and videos is that not all spouses are aligned on finances, let alone investing with any sort of surplus. So before you unsubscribe or dismiss this subject give me a chance to draw […]
What is buy and hold?Buy and Hold real estate, characterized by the long-term holding period than other strategies such as fixing and flipping, reaps great long term rewards. These rewards give, and give and finally give more. While it is great to have a mix of quick-cash producing strategies and ongoing passive income, buy and […]
During this pandemic, one of the things that scares landlords and investors most is whether tenants, who are now protected with eviction moratoriums, will stop paying rent. In March 2020, when COVID hit the states hard, there was widespread fear that tenants would not be able to pay rent. Then, after the Government released stimulus […]
There is more information than ever on the internet. With abundant content related to tuning a car, playing the ukulele, how to land a new job or writing software, it is kind of hard to make the excuse that we lack the resources to learn anything. There are various mediums through which we can absorb […]
In separate posts, I discussed how to find active syndicators as well as what to look for in a syndicator. After having met a sponsor, passive investors should set up an initial call to better familiarize themselves with that sponsor and his or her team. Here, I summarize five basic questions every passive investor should […]
If you think this is about money, read on. Every year I want to improve. I want to be stronger, smarter, more impactful and better balanced. I can look back on each year of the last five and easily characterize my life and happiness based upon those attributes. 2020 for me, just like many, was […]
Last year, I wrote an article called Active vs. Passive Investing and Which is Right for You, which focused on an explanation of the differences of each and considerations that one should make when exploring which is most fitting for himself or herself. Here, I would like to focus on and further expand upon passive […]
Right now happens to be a good time for many people in the stock market. Led by technology stocks, people are experiencing growth and feeling good from their exposure to the stock market highs. The Game Stop short squeeze left one average part-time individual investor up by millions of dollars! With all the success of […]
Many investors someday aspire to grow from their single family rental portfolio to owning many multi-family assets. Mistakenly, they may assume that what is necessary to be successful in multi-family real estate is identical to that of single-family investing. There is one fundamental difference in investing in the multi-family versus single-family real estate assets. One […]
Russell Gray from the Real Estate Guys Radio podcast said it very well when he stated that “Good Underwriting Beats Market Timing.” There are not too many people that can predict with consistent accuracy when the local or greater real estate market will “take off” or “slow down.” No one can, with 100% certainty or […]