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Master Leasing -The Safest Way to Get Started in Real Estate (and a great way to acquire property)
In 1978 a good friend of mine got me to joint venture with him on the purchase of my first single family investment property in Colorado Springs. We continued to buy several other houses and a fourplex together. We hired 3 different management firms to run our small portfolio. Sadly, all three firms failed miserably,…
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…
How to Make Permanent, Positive Changes in Your Business and Life in 2021 with Tim Schofield
Yes, 2020 was an unusual year. But it was probably ‘normal-ish’ in the sense that you set a lot of goal and resolutions that didn’t get reached, right? Because that’s what happens EVERY year, right? That’s because you can’t do big things—like start or grow a successful real estate business, or drastically improve your income,…
Could “Repair for Equity” be Part of the Solution to the “Affordable Housing Crisis”?
Lawmakers all over the U.S. are tearing their hair out over the lack of affordable housing, and trying desperately (generally through lots of restrictions of property rights and lots of taxes that lead to a lot fewer new units than the private market could have built) to make housing more affordable for both renters and…
Wholefailing: The Top 3 Reasons For “Failure to Launch”
Go to any real estate association anywhere in the country, and you’ll meet endless excited folks who are sure that their futures—and fortunes—lie in wholesaling houses. Go back 6 months later, and you’ll find that 90% of those folks have never successfully closed a deal. In most cases, this isn’t due to “inactivity” or…
Advice for wholesaling “package deals”
It seems like every new Wholesale School student immediately stumbles upon a landlord who wants to sell ALL of his properties, then wants to know how to tackle a package of 4, or 9, or 37 single family homes all at once. And they’re already rented, and the don’t need any work, and the new…
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