Owning a rental property, if done right, can bring in consistent monthly cash flow. On the other hand, if it is done wrong, it can mean a loss of money and much frustration. If you are planning on buying a rental property, there are several pitfalls to avoid that can land you financially upside down…

Most people desire to achieve certain types of goals in life. They could be personal goals, like smiling more often. Or perhaps professional goals, like making a certain amount of money within a certain time frame. Of course, there’s plenty of goals you can create relationally, financially, spiritually, and so on – it’s human nature…

Whether you’re visiting Chicago for a day, weekend, or longer, there are plenty of beautiful attractions and activities that you’d expect from a major US city. From skyline skyscrapers to the famous John Hancock Center to excellent museums, you’ll find plenty of beautiful places to visit and things to do. Here are some attractions you’ll…

There are plenty of renters who don’t have the kind of credit they need to secure a loan from a mortgage company, yet they want to own a home. If you’re a real estate investor, you’ll want to become familiar with how a lease option can help you and what cons to consider. > Pros…

As a real estate investor, you’re probably well aware that cash flow is essential. You want to earn a high return on your investment and consistent; positive cash flow is one necessary factor to experience such. Now, in calculating cash flow, you focus on factoring in things like property insurance, taxes, mortgage (if necessary), maintenance,…

Having a solid work ethic is commendable, as hard work can be a valuable tool to get things accomplished. In today’s modern world, money is necessary to purchase the basic necessities of life – food, shelter, and clothing for starters. So, it’s essential to make money by working, and it’s honorable. However, there are plenty…

We all need energy to get up and get through our days, and chances are you want a high energy level to easily go about your day with a feeling of vitality to your steps. But maybe you’ve had the kind of days where you experience an ‘all-out energy drain.’ Despite your desire to feel…

As a real estate investor, you’ll more than likely be dealing with BPO’s, or Broker Price Opinions, especially if you’re working with short sales or foreclosures. A BPO is simply a licensed real estate broker or agent’s opinion of the value of a home based on various comps. It’s something like an appraisal, yet not…

I’ve been asked by some students how to find sellers who fall out of bankruptcy and back into foreclosure. Maybe they didn’t follow through with their Chapter 13 bankruptcy repayment plan, and you want to find out who those sellers are. Unless you’re actually tracking a particular property, it can be challenging. There are two…

Before purchasing any real estate property, you’ll want to become familiar with how to calculate estimated profit. You’ll want to know if it’s a good investment, meaning you’ll get a good return on your investment (ROI). You’ll be able to earn a profit by cash flow and appreciation on the home. These numbers will be…

There are plenty of people who want to become financially free and yet find themselves struggling year after year. If not you, then most likely someone you know continues to struggle with money issues. Why do you think that is? What are the top reasons people continue to struggle financially? While several factors come into…

If you’re a landlord, you most likely hope that you’ll never have to evict anyone. Hopefully, all your tenants will be on-time paying clients, and you’ll have no issues. However, should you get into a spot where you’re considering evicting a tenant, Cash for Keys is something you may be interested in using to get…

Whether you’re selling your personal property or investment property, setting an accurate asking price is essential to getting it sold quickly and maximizing profit. Many homeowners will make the mistake of comparing their home to their immediate neighbors’ homes, which often causes them to overprice their home. There are better strategies than merely looking at…

The real estate market goes through a cycle of what most professionals agree to be four stages.  The entire cycle moves as periods of boom and also periods of decline. Understanding the cycle and the progression of each stage can give you a mental model that can help you know where the market is at…

Motivated real estate investors are always on the lookout for motivated sellers because it’s that motivation on the seller’s end that can cause them to sell below market value. If you’re an investor, you’re probably well aware that locating slightly motivated all the way to highly motivated sellers is one of your primary objectives. But…

The process of digestion is a complicated process composed of many steps needed to break down ingested food items to absorb the vitamins, minerals, calories, fats, and the proteins into the cells. Then, to complete the process, it eliminates what isn’t necessary for the body anymore. Chances are you haven’t thought a lot about the…

Personal connection is important; as humans, we’ve been hard-wired to crave connection – and the feeling of being connected. In fact, polls show that a number one complaint of people of all age ranges is loneliness or the sense of disconnection. Chances are you’ve felt disconnected at times and desired deeper and more meaningful relationships….

One of the biggest things keeping people from investing in real estate is lack of financing, thinking that they’re limited to a particular financing venue.  However, the reality is that there are creative no money down strategies for financing out there. To take advantage of them, all you have to do is learn about them…

To create a successful real estate investing business, you’ll want to surround yourself with a team of experts that are aligned with your goals. This “dream team” will have the experience and knowledge in various areas to help your business continue to grow. If you look at excellent leaders, chances are they’re surrounded by excellent…

Cabo San Lucas has become one of the world’s most famous vacation locations for celebrity sightings, beautiful natural attractions, relaxing on the beach, and snorkeling. Located on the coast of Mexico, it has become one of the most popular vacation spots because quite simply there are so many fun and exciting things to do! Ready…

If you’ve never read the book Think and Grow Rich by Napoleon Hill, consider adding it to your “to-do” list. The principles in the book have been instrumental in helping millions of men and women maximize their potential in their business and personal lives. Regardless of where you’re at business-wise, there are nuggets of wisdom…

Real estate investing is a smart way to secure your financial future, but you’ve got to be the kind of investor that takes time to continue to learn about investing and put that knowledge into practice. Some “investors” aim for instant riches and then walk away disappointed when they don’t see the results they want…

Leasing an investment property is a great way to add cash flow to your bank account. Of course, I teach my students a very specific way to lease to maximize cash flow, reduce tenant issues, and maximize profit when the property is sold later. As many property investors know, consistent cash flow feels great. But…

As a property investor, you want to know as best as you can if the property you’re investing in is worth the investment. In other words, you desire to get a decent return on the investment. Both beginner-level investors and more experienced investors wonder if an investment will be worth their time and effort. Rest…

No doubt you want an immune system that is strong, keeping germs and harmful bacteria out. After all, coming down with an illness caused by a virus or some bacteria is the last thing we want. Good news is that you can be proactive when it comes to boosting your immune system in natural ways….

Everyone wants to be successful, right? Some people appear to be extremely driven and ambitious. Others hope that somehow success will happen if they are good and/or lucky enough. Some people are genuinely content. And some people live in such a state of complacency or defeat that they dare not allow a tiny bubble of…

Closing ‘Subject To’ deals are easier than you may think. Once you get the seller to sign the Purchase and Sale Agreement, you simply have a title company close the deal. Now, not every title company is familiar with ‘Subject To’ deals, so be sure you search around for one that has some experience with…

No doubt the majority of folks that get into real estate investing get into it because they want to build wealth. From gaining equity long-term, fixing and flipping for a fast profit, or betting on appreciation, the goal is the get a good return on your investment. Now some property investors start purchasing real estate…

Bali is one of the most desired vacation locations in the world. Known for its magical landscape, mystical temples, exotic feel, gorgeous beaches, and cultural treasures, Bali is a one-of-a-kind destination. If you’ve had Bali on your mind for a while now, don’t you think it’s time to invest in a dream vacation such as…

As you know, finding motivated sellers is essential as a real estate investor. What you may not know is that a realtor can be an asset when you’re on the search for homes that aren’t currently listed in the MLS. How can a realtor help you? The role of a real estate investor can simply…