You’ve Met FOMO…Meet JOMO
We tell our students every day that the ability to properly analyze a deal is probably THE most important skill an investor can have. Yes...this skill is even more important than lead generation. Anyone can generate leads of some sort. Driving for dollars, FSBOs on Zillow, foreclosure listings...your Grandma can get leads but the [...]
Real Estate Investing, “If This…Then That”
What are you doing today to improve your Operational Tempo? Operational tempo is the speed and intensity of our actions relative to the speed and intensity of unfolding events in the operational environment. Within this context, leaders plan, prepare, and execute operations proactively, rather than continuously being forced to react to the environment. Your [...]
If It Sounds Like BS…It Most Likely Is
It doesn't matter which flavor of the month guru says it or how often they say it...the chances of you getting a seller to go out and get a new cash-out refinance loan for YOU to take over the payments on are slim to none. I have been doing this for over 22 years [...]
How To Do A Real Estate Market Analysis Like a Ninja
One of the most difficult things about buying real estate, especially for newer investors, is to avoid getting emotionally involved. In a hot real estate market, it’s easy to make the wrong decision when other home buyers are lined up ready to make an offer. Successful real estate investors always say the money is [...]
Certainty – The Most Important Part of the Deal
Real estate investing is not the “easy money” they all make it out to be. After my conversation with "Tyler" yesterday, I realized that maybe we should spend more time talking about the actual nuts and bolts of reality and real estate investing, and we'll start this with the question, “What makes a deal, [...]
If You Want to Buy More Houses, Stop Making Offers & Start Offering Solutions
I don't like giving a seller multiple choices. Instead of making offers, I generally offer solutions. This is why it is important to know the seller's & the property's current situation. Firing out offers willy nilly just isn’t something I like to do. I like talking to the seller and getting to the bottom [...]
