Getting started in real estate investing, real estate investing

Get your SH*T together…a 12 step plan!

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As more people reach out to me seeking advice about dipping their toes into the rental real estate investment waters, it occurs to me that most people don’t have their SH*T together enough to get started.  They don’t have a plan, they don’t have their financial affairs organized, they don’t have their team assembled, they don’t know what kinds of properties they want–that’s right, they don’t have their poop in a group.  And, while I am happy to help out, no amount of my advice is going to do you any good if you don’t get your crap figured out first.

By crap I mean your finances, your goals, your team and your strategy for real estate investing.  Here’s a 12 step plan that will definitely help you get your SH*T together and get you moving in the right direction: Continue reading “Get your SH*T together…a 12 step plan!”

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Interested or Committed?

In the process of real estate investing, I often talk to acquaintances who indicate they would like to do the same thing, but have not yet made the leap.  It’s easy to see that they really are envious of the work that we have done to acquire our $3M rental property side hustle.  While this may (or may not…depending on your personal perspective) sound like a lot of property, consider that it has taken us over 11 years to acquire this portfolio and required that we jump off the ‘interested’ wagon and become ‘committed’ to the process.

But, more importantly, the purpose of this post is to talk about the difference between being ‘interested’ vs. being ‘committed’.  The way I see it, many of those acquaintances who I talk to are merely ‘interested’, but they have not yet made the leap to ‘committed’.  What’s the difference?  Continue reading “Interested or Committed?”