Below you'll find a list of all posts that have been categorized as “real estate investing basics”
One of my strengths is knowing my weaknesses. Sometimes I just need a little help, particularly when I’m closing deals. Usually, I defer to my CFO Mike Roth. Here are his top tips for closing deals! Mike Roth: 1. Walk through the property and identify potential issues. You’re providing a solution to their problems: leaky roofs, old wiring, bad odors, …
This will be a short and not so sweet post to see through the BS of people selling a story with no evidence to back it up. As the real estate market heats up the the fake “investors” start selling consulting courses for high dollars with high pressure sales tactics or made up stories of success. So here it is, …
Question: What’s the secret sauce to managing a well oiled machine while you grow your business? Answer: DON’T run a well oiled machine in the Growth Stage! The machine of growth is not seeking perfection, but instead being comfortable with imperfection. As you grow you will want your baby to be the vision of loveliness you thought it would be …
Here are some phrases that would summarize my first real estate investment: UNPROFITABLE- Yes – I lost money when you account for my time and suffering! TIME CONSUMING- Long days and nights demoing, renovating, and stressing. PAINFUL- Realizing all the money I had ever saved could be GONE based on 1 bad read on a person!!!!! THE MOST IMPORTANT AND …
Real estate agents do a really horrible job at social media!! Here are a few tips to get better! The top three platforms to use as an agent are LinkedIn, Instagram, and Facebook. 1. LinkedIn – Amazing tool that’s totally under utilized in the real estate industry. Many people don’t realize you can change the title of your job to …
Why is my credit score getting tanked every time I take out a loan? How can I get more loans when I’m buying all these properties?? These are questions I get constantly. When getting loans from a bank, there are two major keys to help keep your credit score intact. 1. Take out the loan as an LLC or a …
Gurus love to talk about reading a book a day, but ain’t nobody got time for that! However, I do have a hack to get through just as much information and retain just as much knowledge everyday! Sitting down and reading a book everyday would be nice, but I have a full time gig building businesses, three kids at home, …
Keeping old materials from past projects is a great way to add flare to your new projects! I’m going to give you my top five reclaimed materials that I like to use to spice things up a bit! 1. Old doors – We use old doors to build walls, desks, or to put in a new project to give it …
#AskProfJoeyC Episode 27 Painting for an investment property can be challenging. You need more than just a brush and a bucket of paint to put the finishing touches on your project. This is the last item that buyers or renters are going to see so don’t half-ass it! It could be the deciding factor in whether or not you can …
#AskProfJoeyC Episode 25 Uh oh! You have to clean a hoarder house. 🙁 You found a bangin’ deal on a house that doesn’t look too shabby! Should be a quick flip and an easy buck. Then you find out that it’s a hoarder house. Now the cleanout game is on, and it’s time to clean a hoarder house. This hoarder …
