Top 5 Reasons Why Real Estate Investors Fail
There are hundreds of reasons why real estate investors fail. But if I had to narrow it down to the top 5 reasons why, well it would make this blog a lot easier for you to read and for me to type. So here we go: 1. They Haven't Taken the Time to Get Educated I've...
If you’ve ever thought of investing in bank owned properties, check out this interview with Think Realty Radio where we dissect investing in homes, generating cash flow, why the stock market isn’t designed for most investors and why real estate will always be king.
The Power of Networking
The old saying that your network is your net worth is incredibly legitimate on so many levels. Imagine if you’re hanging out with people with no goals, no ambition and no drive to do much of anything. You will end up just like them if you sit in that circle long enough.
Your First Year In Investing
We recently did a survey of people that we have in our network and found overwhelmingly that most people that follow us are either in their first year of investing or have 10 years or more of experience. The first few years of investing are the biggest challenge and when many people fail. What are the reasons for failure? There could be many really.
Some of My Favorite Entrepreneur Things
As an entrepreneur, I love to feed my brain with stuff that gives me inspiration, motivation and most importantly practical tools that I can use in my business and in my personal life. So, I thought it would be cool to share some of my favorite things that I use to...
What The Hell Are You Waiting For?
So many people want to be real estate investors and figure, "hey, I'll give this a try and see what happens." Those people will always fail. If you're just simply "thinking about getting into real estate", my advice would be don't bother. You're either in, or you're...
Buy Assets to Pay For Liabilities
I don't know about you but I like material things. I like to wear nice stuff, drive a good car, live in a nice house, buy stuff for my wife and daughter, take vacations, etc. The issue is, these things all cost money and most people work to buy these things without...
Why Realtors May Become Obsolete
I met with some fellow investors this week for lunch and we were talking about how terrible many realtors are. If you're a realtor and you're reading this, I don't write this to offend you. Rather, I want to educate you on why your industry is going the way of the...
Real Estate Investing Is Easy
The world is a tough place. The world is a beautiful place. Do you see the difference in those two statements? Read them out loud and see how they make you feel inside. I guarantee one is more satisfying than the other. One thing that has resonated with me over...
Scaling Your Investing Business
One of the most challenging things about being an entrepreneur or just being self-employed, is learning to let go. It's easy to struggle with this for people that want to control how everything goes and runs inside of their business, but if you want to scale and...