Slightly Less Offensive

The most underrated topic in buy and hold real estate investing is Fair Housing.  In fact, its staggering how many investors don’t bother learning much if anything about Fair Housing. I was flabbergasted when I read a recent thread on a national FB group for landlords where half a dozen people were commenting that Fair Housing only applies to applications…once the person moves in it didn’t apply.  What the….. Are you serious? Let’s get this Read more…

Forget Opportunities Create Habits

“Opportunity only knocks once.” It’s a cliche in our society.  It’s used in countless movies and tv shows, quoted thousands of times over.  It’s a crutch for many people who cling to normalcy. It’s even misused by people who have the drive for success. There are motivated people in the world who run their professional lives like the equivalent of chicken with their head cut off frantically trying to find and listen for the opportunity Read more…

Real Estate Expansion Lessons From Corporate America

Growing a real estate portfolio with a large purchase is a daunting task.  It has the thrill of a successful outcome tied with apprehension of taking on something so large, usually in debt form.  For many investors its the apprehension that prevents them from acting on it. There is a limited few that dare to go big in this industry.  This is why most larger buildings end up being owned by “the same four people” Read more…

5 Reasons Why Your Portfolio Isn’t Growing

1. You Aren’t Protecting Your Time. It’s a common thing in real estate investing and business in general to jump as soon as a potential or current customer needs something. It’s our natural instinct. But have you stopped to consider that your reaction to jump is probably preventing you from focusing on the tasks that grow your portfolio. When a prospective calls for a showing our instinct is to ask if they are available at Read more…

Mixing It Up

I’m the type of person who likes variety in life. I like spicing up my life by traveling different places, trying new restaurants, and giving some things the good ole college try as hobbies. But one thing I haven’t done is mix up my investing strategy…yet. All my life I’ve been around buy and hold rentals.  What my family did and my jobs in real estate have all been about long term rentals. It’s what Read more…

Who’s Says There’s No Creativity In Real Estate?

Over the past few years I’ve begun to appreciate a side of real estate investing that doesn’t get a lot of play, and that I honestly didn’t anticipate.  As investors we love talking about earning income while we sleep, or retirement plan, or freedom of time from a 9-5. Normally this is what we use as the great things about real estate.  Yet the part I’ve most began to love is: the creativity. If anyone Read more…

What Is Your Time Worth?

In today’s society we are pulled in so many different direction.  We are pulled in the directions of work, family, leisure pursuits, day to day life. If you have a spouse, children, nieces, nephews, grandchildren, we get pulled into their lives.  We become a part of what’s pulling them in different directions. Many times it just feels like we are operating a 3-ring circus.  It’s these moments that it’s very hard to sit down and Read more…

It’s Okay To Let A Good Tenant Go

A very good long-standing tenant of mine recently gave notice to move.  Of courses I’m not thrilled at the prospect of having to find another renter but I’m accepting it and a little excited about it.  Why on earth am I excited about having a long-time good tenant leave? Market rent. For starters, this tenant has been in the property for 8-9 years. A good tenant. Quiet. Very few work orders.  Does random acts of Read more…

Forgotten Property Purchase Lessons

I recently had the opportunity to network with about a hundred real estate investors from the Midwest.  The most entertaining part of the gathering was the “purchase war stories” we shared in the lounge. Not only were investor’s having fun making jokes about their failures but we were learning from their mistakes no matter how mundane or…odd their mistakes were.  Here’s a few of the reminders we got over drinks that night. Lesson 1 (and Read more…