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…
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…
(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:…
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…
Al Williamson is a regular old landlord from Sacramento who decided to see if all the Airbnb hype was for real. He furnished and offered a few of his units as short-term corporate rentals , made some mistakes, figured it out, and now makes 2-3x what he did from plain old rental properties. You can…