Making the decision to purchase your first real estate investment is a huge step. But what if your goal is to build a portfolio of real estate investments as opposed to the one investment?
How does one wade through the many options of funding and settle on one that does not sour the ability to pursue additional deals if they become available relatively soon after the first one?
In this webinar I share tips on how you should finance your first real estate deal so that you can keep scaling!
It's clear that COVID has altered the market substantially, and in many ways, irreversibly. We've seen the sharp decline of commercial property value, increase of remote work, and growth of tech-based companies to name a few. But, is should be know:
With the foreclosure moratorium in place, the impacts of COVID on the residential real estate market have not been eliminated - they have simply been delayed. With the federal government attempting to give homeowners time to straighten out their financial positions, the sad reality is that many of them either can't or won't be able to adjust in time. This exposes a significant opportunity for new and experienced real estate investors alike.
Real estate investors should expect a tidal wave of below market properties and flood of renters to the market as the foreclosure moratoriums wear off. With the likelihood of the...
If you're looking to get started in real estate, you have one decision that will significantly affect the most important results of your efforts. This one decision is a natural first step as you're working toward acquiring your first property, but it also carries with it a weight of importance because it influences such significant outcomes, like:
Each method has its benefits and tradeoffs with correlating risks and reward. There's not a one-size-fits-all method for everyone. You have to decide what's best for you and will help you move toward your goals most effectively. For the new investor looking to get started, you need to choose your method of learning.
After you've determined that real estate is the...
There is a stark difference between those who focus on Financial Independence (FI) and those that don't. This difference isn't in lifestyle, income, possessions, or career, but rather a difference in their priorities. Those who have achieved FI (or those working toward it) have one distinct difference in their priorities from those who are not focused on FI:
Freedom is the ability to do what you want, where you want, when you want, how you want, with whom you want. Those who value Financial Independence care about Freedom more than money and security. They know that Freedom will allow them to do what they were made to do, using their strengths, gifts, and interests in a way that is unique only to them. For some, that's starting a business or nonprofit that will impact the world, for others that's spending more time with their family and being the parent they never had, and for still others it's...
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