IC E-Lesson: Understanding Transactional Funding
In the past few weeks, I’ve gotten several questions from students about transactional funding that show that this relatively new kind of loan is still widely misunderstood. The transactional funding business, at least as we understand it in the residential real estate business, had its origins in the short sale boom in the middle of...
YAFTAX
Years ago, when I was just a wee little newbie, there was a guy who belonged to my local REIA group who always wore a button to the meetings that said YAFTAX. This fellow was one of the big dogs—owned lots of rentals, had been in the group forever, was on the board, all that...
IC E-lesson: When the Ones You Love Hate What You Do
Sure, you can always get positive feedback on your efforts and successes by going to your REIA group, or masterminding with other like-minded entrepreneurs, or by giving yourself a big pat on the back, but when the message at home is, “You can’t do this” or “I don’t want you to do this” or “You...
IC E-lesson: The Right Way to Set Goals (if you want to reach them)
I was pretty much suckled on goal setting; I was, no kidding, made to read a book called “How to Get Control of Your Time and Your Life” before I was in 7th grade. I don’t know how many times during my childhood my father quoted that (now-discredited) story about the Yale class of ’53,...
Guest Blogger Gene Guarino: Senior Housing is Where the Profit is Today…
Gene Guarino is the nation’s top expert in converting small rental properties to single family homes; he’s also a featured speaker at the 2016 OREIA National Real Estate Summit. Find out more & register here "How much can I make?" That is a common question I get when people come to the Academy to learn...
