Read This Before Using the BRRRR Strategy
January 20, 2025 | 2.5 Minute Read Recently, an out-of-state investor approached me for guidance on employing the BRRRR strategy. BRRRR, which stands for Buy, Renovate, Rent, Refinance, and Repeat, is a popular method to build wealth in real estate. The investor had gone under contract for a property priced at $75,000, planning $20,000 in […]
How I see the Market in 2025
January 13, 2025 | 2.5 Minute Read Before the crash of 2008, I was doing very well flipping houses in the Miami/Fort Lauderdale market. When the warning signs appeared in 2006, I ignored them and took on unnecessary risk and it costs me dearly. It was only after the crash that I learned some hard […]
How To Find An REI Mentor
December 30, 2024 | 3.5 Minute Read Starting in real estate investing can be both exciting and overwhelming. With its huge opportunities and inherent challenges, having the guidance of a seasoned mentor can make all the difference. A mentor not only helps you navigate challenges and avoid common pitfalls but also accelerates your growth by […]
Tenth Commandment: Thou Shalt Be Nice
December 23, 2024 | 3.5 Minute Read TENTH COMMANDMENT: THOU SHALT BE NICE It’s such a simple rule, but it’s powerful: Be nice. This advice applies to business and life alike. Unfortunately, we’re human—flawed, emotional, and sometimes short-tempered. We all have good days and bad days, and occasionally, we let our frustrations show. Speaking from […]
Why Every Investor Needs a Mastermind Group
December 23, 2024 | 4 Minute Read Since 2015, I have been part of a real estate investing (REI) mastermind group. Prior to that, I was more of a maverick (and still am) — focusing on self-study, networking locally with other investors, and simply doing deals. However, I felt something was missing: the ability to […]
How I lost $10K with a Lead Gen Service
December 16, 2024 | 4.5 Minute Read Back in September, we were preparing to hire a reputable outbound lead generation service outside our market to manage our cold calling. Then, a local investor I knew, a well-known wholesaler, approached me with an offer to use their lead generation service at a significant discount. Although we […]
Ninth Commandment: Thou Shalt Respect the Game
December 16, 2024 | 4 Minute Read NINTH COMMANDMENT: THOU SHALT RESPECT THE GAME “Respect the game.” Anyone who has spent time with me in a business setting has probably heard me say it. And it’s more than just a saying, it’s a mindset that has consistently guided me in the right direction. Why? Because […]
Setting Goals to Buying a Turnkey Rental
December 2, 2024 | 3.5 Minute Read Buying a turnkey real estate investment property—one that is fully renovated, rented, and generating income—can be a low-effort way to start or expand a real estate portfolio. However, success in this type of investment requires clarity about your goals and well-thought-out strategies. First, you need to establish clear […]
Sixth Commandment to House Flipping: Build Relationships
November 25, 2024 | 3.5 Minute Read SIXTH COMMANDMENT: BUILD RELATIONSHIPS Relationships, whether personal or professional, aren’t about chasing people down. They’re about being your best self, putting that self out into the world, and allowing the right people to be drawn to you. In other words, attract, do not chase. So far, we’ve […]
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 […]