Guest Blogger Anthony Chara: Understanding Cap Rates

What is "Cap Rate", and How Do You Use it to Find the Value of an Apartment Complex? By Anthony Chara Anthony Chara is an apartment investor and educator who, with his partners, owns over 1,000 units across the country. I love love love his classes because he shares my penchant for hyper-detailed, no BS...

Inner Circle E-Lesson: Who’s your best prospect?

Who’s Your Best Prospect? There's a super-important step to effective marketing that people seem to skip right past when they're thinking about attracting sellers, buyers, renters, partners, etc. As you may have heard me say before, there are three things that work together to make marketing “work”— Having the right message Putting it in the...

Multiple Streams of Income = Success

Warning: This is the longest blog post I've ever written. At the same time, I think if you can read it all, you'll be glad you did.Because there’s a dark secret that a lot of investors know, but that no one seems to talk about much. It’s a secret that every full-time investor eventually discovers...

Inner Circle Lesson: Financial Friends

Way back in the mid-90s, I went to a workshop taught by the great Pete Fortunato. Several times during this event, he mentioned deals he’d negotiated or financed with the help of what he called “financial friends”. At the time, I had two thoughts about this: first, “Why does a guy who’s been in real...

Inner Circle Lesson: Are You Making This Huge Evaluation Error?

  Several times in the past few months, I’ve found myself explaining to Inner Circle members that the reason they couldn’t sell their wholesale deal was that they’d over priced it, and the reason they’d over priced was that they’d made a common logical error in figuring out the value. See if you can tell...