You’ve been thinking of quitting your corporate job and starting a real estate investment business. You’ve been mulling this over for years, in fact. The only thing that’s stopped you from taking the plunge thus far is not knowing if you’ve got what it takes to become a real estate investor–especially with your limited knowledge and experience–and
On my last vacation with the family, I found myself catching up with my former colleague, Ron, who happened to be at the same hotel. He was on a much-needed break from his desk job back at home and was spending his free time researching the ways he could break out on his own.
We’ve all heard those horror stories involving a tenant who lingers in a property for months, digging in their heels and slowing the eviction process as much as humanly possible. My own personal nightmare began with a seemingly very nice family who every month experienced some kind of financial crisis. At first, I was
I like to think it wasn’t that long ago that I got curious about becoming an investor, when I started reading books on real estate investing, attending weekend introduction seminars, and chatting up anyone I could find on residential construction sites. Although it’s somewhat embarrassing to admit now, in the beginning, I was just looking to
Setting up an efficient workflow, from lead generation to the closing table, is absolutely essential for becoming a successful real estate investor. Many investors still use just good old fashioned Excel and` QuickBooks to track their leads and evaluate potential properties to buy. Others realize that they need more than that and try to
I’ve been investing in real estate for years and have seen plenty of investors come and go. Not everyone is able to make a career of it like I have, but many well-intentioned people certainly try. These days, thanks to some of the more popular real estate shows on television, even more people seem
The minute my son was born, I knew in my heart that I was going to be taking more time away from my career than I’d anticipated. I loved my job but having him in my life fulfilled me in ways that I’d never experienced before. The practical business woman inside me, however, said
When I think of startup businesses that bring innovative products and solutions to market, my mind automatically drifts west to Silicon Valley, which spawned tech behemoths such as Apple, Uber, and Airbnb. In 2018, Northern California saw more than $25 billion in seed money funneled to companies hoping to be the next unicorn—a business that
There’s something special about New York City. For some, it’s the buildings; for others, the rush of people. But as an investor, I’ve always loved the sense of opportunity. Anything seems possible here. Take NYC’s housing market, for example—prices continue to soar despite rumors of a recession. I guess the saying is true: New
When Felipe approached me after dinner one evening to tell me that he wanted to be a real estate investor like me, I told him that the news called for a celebration. I had known for some time that my son-in-law was interested in buying, rehabbing, and reselling houses, thanks to my daughter, Jenna. But, I
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