Inner Circle Trashflow Evaluation System Explained
Of all the systems in my comprehensive Real Estate Goddess’s Guide to Real Estate course, the Trashflow Analysis® is the one that I use most often, and the one that causes the most consternation among students. In brief, the Trashflow Analysis® is a way figuring out what a property is worth when there are no...
Guest blogger Mike Jacka: Multiple Offers Strategies
When it comes to making offers, most investors only know how to make one offer at a time. They usually make an all cash offer, also known as the MAO (Maximum Allowable Offer) or they get a loan from a bank, hard money lender or a private investor. This strategy has worked fine for investors...
Inner Circle Member Deal Analysis of the month: A rehab for rental
Narendra Mundhe is a part time investor who lives in Cincinnati. He’s wholesaled, bought notes, but his key strategy is buying value-play rentals with equity and keeping them long term. Tell us about the property: This was a 5 room 2 bedroom brick in a bread and butter area with a detached garage. To increase...
IC Elesson: How to Know When You’re Ready to Make Deals
(this article continues from last week, where I described the problem with objectively being ready to make an offer, vs. ‘feeling’ ready, and how there are forces in the world that try to convince you that you aren’t ready when you actually are). Here's when you know you’re ready, whether you “feel” ready or not:...
IC Elesson: How the Real Estate Education System is Stacked Against You (and what you can do about it)
Some people learn by reading, some by listening, some by doing. And some learn by teaching. If you’re wondering if “learning by teaching” is really a thing, and not just what your REIA program director says when he’s trying to get you to teach a class, I assure you that it is. I definitely learn...