IC E Lesson: Things I Was Wrong About Part 1: All Partners are Bad

 Like a lot of seasoned investors, I have a LOT of opinions about the “right” way to do things. In fact, I’m afraid that, once I form a particular belief about something, I might be even MORE likely to stick to it like white on rice than the average person, ‘cause I’ve been around the...

Guest Blogger Joe Varnadore: What does it Mean to “Buy a Note”?

Understanding Performing vs. Non-Performing Note Investments There are 2 kinds of notes that you can buy: performing (that is, the note is being paid as agreed by the borrower) and non-performing (the payments are not being made, and the note is “in default”). Usually, when you buy a non-performing note on a vacant home, your...

IC E Lesson: The Inside Secrets to Finding Deals in a “Seller’s Market”

   In every single city I visit, I'm challenged with some version of this statement: "Our market is so hot that it's really not possible to buy deals at investor prices right now—much less at wholesale prices."    And I mean EVERY city, from Nashville to L.A. to Toledo.    In fact, I hear the...

IC E Lesson: 10 Things I Guarantee You’ll Regret 10 Years from Now

Hindsight is, as they say, 20/20. IF ONLY I could go back to 2006, cash in all my properties, and use the money to short Fannie Mae stock. Sigh. But daydreaming that you could have had foreknowledge of something as earth-shattering as the real estate crash is one thing; continuing to act in ways that...

The Goddess Blog: Feeling Overwhelmed? You May Be Focusing on the Wrong Things…

Every entrepreneur at every stage of starting or building a real estate business has a single problem in common: too many “to dos” and not enough time to do them all. And this isn’t just a practical problem; it’s an emotional one as well. There’s nothing pleasant or motivating about the feeling that there’s too...