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Showing posts from June, 2019

Today’s Best Real Estate Blogs

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The aim of this post is to acknowledge the best real estate blogs on the internet today – websites with a solid reputation for putting out the most helpful and reliable content for those who are active in the industry. It goes without saying that the vast majority of blogs are NOT “permanent fixtures” on the internet. There is a lot of noise in the blogosphere , and it’s not always easy for readers to find the best information in an ocean of mediocrity. Given the ever-changing nature of real estate blogs, this article will be re-visited on a semi-annual basis and kept up-to-date with newer blogs that show promise, while eliminating blogs that are collecting dust and no longer bringing substantial value to the table. So what are the metrics to use when ranking the best real estate blogs on the internet? In an effort to maintain a level playing field, and to remove as much personal bias as possible – there are a few key measurements we will use to determine w...

044: How to Go from Zero to Rockstar in the Land Business – Interview w/ Mike Ferreira

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In this episode, I talk with a land flipping aficionado who has been VERY active in the land business. Mike Ferreira has taken his land business to a place that most people never reach. He is buying and selling land as his full-time gig and he’s currently selling around 15-20 deals per month… just to give you an idea for the scale he’s at. Mike is someone who sells A LOT of his properties on terms (with seller financing) and he’s also had the benefit of going through ALL of the land investing courses on the market today (including the REtipster Club) – which means he’s been able to see all the similarities and differences between the various ideologies out there, and he’s been able to pick and choose which pieces to apply to his business and make it his own. There’s a lot more I can say about Mike – but if you listen in, you’ll get a much better look at how his business works. Links and Resources MikeBuysLand.com (Mike’s website) REtipster Club (Mike is a member!) REtipste...

The Best Websites to Watch in the Self Storage Industry

As I’ve been trying to educate myself about the world of self storage investing for the past few months, I noticed that I had a lot of self-storage-related websites bookmarked in my internet browser. These websites serve a wide array of different needs in the self storage industry, and some of them are more useful than others, but all of them have been helpful on some level. Since I’ve got this large-and-growing link library at my disposal – I occurred to me… “Why not share this on the blog??” Now, it’s important to point out – I DON’T have first-hand experience with all of these companies (this blog post is not an endorsement of the websites listed below)… I’m simply sharing all the websites I currently have bookmarked, because all of them have been moderately helpful at helping me understand various aspects of the business, such as: Finding properties for sale (through brokers or directly from owners). Constructing new buildings and units for a new or existing facility. M...

How to Accept Credit Card Payments for Land

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ATTENTION LAND INVESTORS: Getting paid for your land deals just got a lot easier. It is now possible to sell vacant land via credit card without breaking any rules. In times past, if you wanted the option of selling your land through a credit card processor, the only way to do it was to violate the list of prohibited uses of whichever credit card processor you were using. In other words, land investors had to intentionally hide what they were selling and hope they could somehow “fly under the radar” and not get caught by their respective processors (because if you get caught, your account will either be frozen or shut down). I’ve heard countless stories from other investors about getting their accounts shut down by payment systems such as MoonClerk, PayPal and Stripe and for us land investors, especially those who sell a lot on terms – this is a MASSIVE risk. Imagine for a moment, that you’ve built up several owner-financed loans in your business. You set things up in a way ...

Creating A Life And Career That Satisfies the Soul

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Several years ago, I stumbled across this piece from ZenPencils  and thought it was BRILLIANT . As someone who moonlighted for years as a part-time real estate investor before finally quitting my job to be my own boss, this little comic strip (created by one of my all-time favorite authors growing up) spoke to me on a deep level. If your employment situation is anything like the vast majority of part-timers out there, I think it will strike a chord with you too . Bill Watterson gives us an encouraging reminder that there are plenty of people in the world who do what they must so they can do what they love . Take a few minutes and check this out – I think you’ll enjoy it… Source:  zenpencils.com   The post Creating A Life And Career That Satisfies the Soul appeared first on REtipster . from RSSMix.com Mix ID 8230708 http://bit.ly/2IIxnnz via IFTTT

043: Is it Wrong to Make Low Offers? Interview w/ Brian Ellwood

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Brian Ellwood is a former wholesaler who was able to retire from the working world at the age of 30 by accumulating several dozen properties. Now days, his greatest passion is to help others do the same. Brian’s initial area of expertise in real estate was mostly in wholesaling houses, fix and flips and buy and hold investments… however, he chose to steer the ship more in the direction of buying more long-term buy and hold properties, so he could generate enough passive income to cover his bills and spend his time doing what he really enjoys. In this interview, we’re going to talk about how Brian was able to build and grow this kind of business, his philosophy and approach to real estate investing, and we’re also going to talk about a CRAZY experience he had a few years back with the local media, how it took a toll on him mentally and professionally, and how he managed to take a really difficult experience and turn it into an asset for his business. Links and Resources Brian’s...

Cash-on-Cash Return: What It Is, Why It Matters, and How to Calculate It

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REtipster provides real estate guidance — not tax or investment advice. This article should not be interpreted as financial advice. Always seek the help of a licensed financial professional before taking action. When you’re new to real estate investing, it feels like every other term you hear is lingo. Investors throw around terms like “ cap rates ” and “ turnkey properties ” and “ prorated rent .” It’s downright overwhelming at times . Almost like learning a second language. Fortunately, most of the concepts are extremely simple. And one of the easiest of all is the cash-on-cash return . What Are Cash-on-Cash Returns? In short, the cash-on-cash return is the money earned on the actual cash you invested into a property . You can measure the returns on any kind of real estate investment: flips , rental properties , raw land , mobile homes , you name it. That’s because they’re ultimately just a ratio of two numbers: how much cash you invest  vs. what you get back in e...