Category: Articles

Real Estate Investing Mentor and Educational Entrepreneur, Author, Speaker

Real Estate Investor Training WARNING

Is Real Estate Investor Training Needed To Fight City Hall? Here are some of the reasons why you need our real estate investor training to succeed. Some municipalities are absolutely resentful of real estate investors and show this by not negotiating “nuance” code liens for non-safety issues. We have seen liens in the millions of…
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Removing Deed Restrictions – MUST READ

Removing Deed Restrictions Requires Reading My wife teases me all the time about my distain for reading instructions. It just seems natural that men should be able to figure out how to make things work without having to read a small folded paper to guide them. Real men should be able to take things apart…
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Residential Land Survey WARNING for Wholesaling

Residential Land Survey Needed in Wholesaling – Oil and Water? As wholesalers we seldom think about getting a residential land survey for a property that we technically own for a few minutes or hours. However, recently I encountered a couple of situations where a simple residential land survey could have saved a huge potential loss…
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Real Estate Mentoring Program Success Secret Revealed.

Not all real estate mentoring programs are the same, but when your former students become real estate mentors you know the program works. What is the success secret of a real estate mentoring program? Frankly, I struggle with this question regularly and I see most real estate mentoring program coaches are always trying to pinpoint…
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Foreign Investment in Real Property Tax Act Could Get You Arrested

Why Do Aliens Have to Pay Real Estate Taxes on Sales? Because of the Foreign Investment in Real Property Tax Act. If you have ever purchased a property from a resident or non-resident alien, on the closing the seller (alien) pays a 10% tax to the IRS. This is called the Foreign Investment in Real…
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What is Lipstick on a Pig in Real Estate Investing?

What is Lipstick on a Pig in Real Estate Investing? I am not sure the first time I heard the term “Lipstick on a Pig” but it stuck with me because it was funny at the time. However, I started relating it to the rehab work I was doing on homes because I was rehabbing…
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How do you determine whether to become a Real Estate Rehabber for Single Family Homes or Rental Properties?

Real Estate Rehabber For investors who are real estate rehabbers, this is not much of a question.  Real estate rehabbers  will continue to do what they know and feel good about. For other investors who are looking to do real estate rehabs or have only done a few, this question should be very important to…
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Real Estate Utilities WARNING – Must Have Meters

There’s electric in the property, but where are the electrical meters?  This has happened twice with similar results so I thought it would be interesting to relate so you are aware if it happens to you in looking into real estate utilities on properties that you may be evaluating. In the first case we were…
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Transactional funding for real estate Profit or Loss?

Transactional Funding For Real Estate Isn’t Always Easy. I was providing transactional funding for a recent real estate deal and was closing it out.  Actually the closing agent walked the check over to me as they are across the hall. The buyer’s funds had been wired in two days before so the closing was somewhat…
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Asset Manager Headaches When Buying Distressed Properties

When Buying Distressed Properties, can an asset manager simply cancel an REO sale just before closing? With the problems associated with selling distressed REOs (bank owned) properties, one would think that an asset manager for a lender would be glad to close out each and every headache he has in the lender’s portfolio. With this…
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