I have spoken many times about buy and hold investing for long-term wealth. There are many reasons that I believe rental properties are by far the best investment out there over the long term.   Rental properties are not very sexy which is why so many avoid investing in them. But, this is a HUGE mistake. Just because a small rental house only provides $150/mo of cash flow does not mean it is something you should not do. We must take a look at the bigger picture.   Don’t get me wrong I love fix and flipping and wholesaling. Read more…

Yesterday I was talking to a client of mine about building long term wealth. We discussed some of the ways to do this in real estate. Things such as wholesaling, flipping, rentals, lending, note buying, land, development and building just to name a few.   And, of course you can “make money” at any of these real estate investing avenues. However, it is my firm belief that if you want to truly grow your wealth for the LONG term the best way to do this is through buying and holding rental property.   Now, I know many of you reading Read more…

With April 15 looming right around the corner, and many of you scrambling to get your taxes done, I wanted to write something today that if you implement can make you much, much richer. And, not only can these 2 ideas I have for you make you a lot of money, but the best part is that this money will be tax FREE! That’s right…loads of cash without having to give any to Uncle Sam! Now you may be thinking what kind of crazy idea is this? There is no way that you can legally make big $$$ and not Read more…

Have you ever considered what your life would be like if you had enough money coming in every month that covered ALL of your expenses, AND this money came in whether you worked or not?? For many people this seems like a fantasy. For others they wonder how this could even be possible. Well let me tell you that it is not a fantasy, and it IS very possible if you are willing to do a few simple things. What I am referring to here is buying and owning rental properties. However non-sexy rental properties may seem, over time they Read more…

It’s a funny thing how difficult – and how easy – it can be to learn who actually owns a property – critical information for a real estate investor! Perhaps you’ve picked this property out on a drive-by and don’t want to knock on the door; or the property is vacant; or you are avoiding talking to a resident tenant. How do you find out how to contact the owner – and even some background information about them? In the United States, the County Tax Assessor’s office where the property resides has public records of who owns each property, along Read more…

If you’ve read my blog post ”4 Critical Reasons To Use Direct Mail”, you may be wondering how to start using direct mail to find your below-market real estate investment opportunities, as well as how to manage your mailing lists. First, identify the target area you want to receive your direct mail. Second, create your flyer, deciding on the format, material, the color of the paper and the layout and fonts. And, of course, design the content. Your audience isn’t likely to be sophisticated about real estate or finance, so keep it very basic and to the point! There are Read more…

If you’ve read my blog post ”4 Critical Reasons To Use Direct Mail”, you may be wondering how to start using direct mail to find your below-market real estate investment opportunities, as well as how to manage your mailing lists. First, identify the target area you want to receive your direct mail. Second, create your flyer, deciding on the format, material, the color of the paper and the layout and fonts. And, of course, design the content. Your audience isn’t likely to be sophisticated about real estate or finance, so keep it very basic and to the point! There are Read more…

Good rental properties are an important part of a real estate investment portfolio that allows you to earn while you play, vacation and spend time with your family. But before you buy a rental investment property, what are 3 key financial moving targets that you wouldn’t normally review for a fix & flip? Property taxes. Don’t stop at checking the tax assess or record for both past and current yearly taxes. Also look up articles in the local press and find out what may be coming in the way of future increases. o A slightacross-the-board increase in the local property Read more…

Good rental properties are an important part of a real estate investment portfolio that allows you to earn while you play, vacation and spend time with your family. But before you buy a rental investment property, what are 3 key financial moving targets that you wouldn’t normally review for a fix & flip? Property taxes. Don’t stop at checking the tax assess or record for both past and current yearly taxes. Also look up articles in the local press and find out what may be coming in the way of future increases. o   A slightacross-the-board increase in the local property Read more…

I’ve mentioned numerous times that I’ve found many real estate investing opportunities through direct mail. Of course I do a good deal of business through foreclosure auctions, and I search the classifieds to find fixer-uppers to buy. But I want to talk to you more about direct mail, what it is and how it works. Why should you add direct mail to your arsenal of real estate investment tools? You may be wondering – is direct mail the junk mail I find in my mailbox? The answer: Yup, that’s what it is. So why should you look into this? One Read more…