real estate commandments

Eighth Commandment: Thou Shalt Frame Failure Wisely

December 9, 2024 | 3.5 Minute Read EIGHTH COMMANDMENT: THOU SHALL FRAME FAILURE WISELY When I transitioned into real estate in 2002, I was terrified of making a bad deal. Initially, I saw some success, set massive goals, and let the wins get to my head. My hubris led me to losing everything during the […]

Seventh Commandment: Other People’s Money

December 2, 2024 | 3 Minute Read SEVENTH COMMANDMENT: OTHER PEOPLE’S MONEY When I first got started in real estate investing, my biggest false belief was thinking I needed a mountain of cash saved up to even begin. It was daunting, especially when I learned that 90% of self-made millionaires created their wealth through real […]

Fifth Commandment to House Flipping: Do Not Advance Money to Contractors

November 18, 2024 | 2.5 Minute Read FIFTH COMMANDMENT: DO NOT ADVANCE PAYMENT TO CONTRACTORS The contractor dilemma is something every real estate investor faces. On one hand, contractors are an essential part of our team. They’re invaluable and bring tremendous expertise. Finding a really good contractor can feel like adding a new revenue stream […]

The 10 Commandments to House Flipping

October 21, 2024 | 2 Minute Read FIRST COMMANDMENT: THOU SHALT KNOW THE ARV It’s hard to believe, but it’s been almost 23 years since I became a real estate investor. Over that time, I’ve completed over 2,000 deals, generated hundreds of millions in profit, and now I am here with REI.School helping investors like […]