Job Security is a myth. The Wall Street Journal published an article called The End of Employees that proved how job security does not equal financial security. Instead, a job typically pays you just enough to stay but never enough to leave. Rather than security, it creates dependency upon one, very risky, form of income. I experienced this reality myself. I was an engineer and my boss and mentor, who was world renowned and created millions of dollars for our company, was laid off. He didn’t … [Read more...]
How to Upgrade from Houses to Commercial Real Estate Investing
If you upgraded from houses to commercial real estate investing, what life changes would you make? Do you currently own rental houses, and would you like to learn how to trade up from residential to commercial real estate? In this post I will give you 5 reasons why you should upgrade to the more stable income of commercial real estate investing as well as 5 how-to steps to make it happen. Over 20 years ago, I upgraded from investing in single family homes to commercial real estate investing. … [Read more...]
Unleashing Your HELOC Power
Do you want to purchase commercial real estate, but don't have the money for a down payment? Are you cash poor but have equity in a property? Can you use that equity to purchase commercial real estate? The answer is, YES! You're about to discover how to unleash your HELOC power to purchase commercial real estate! Specifically, you'll learn, (1) How to use your property's equity using your Home Equity Line of Credit to buy commercial property; (2) Four questions to ask when considering HELOC to … [Read more...]
How to Make Big Bucks with Value-Add Commercial Real Estate
You're about to discover how investors make the "big bucks" by doing what are called Value Add commercial real estate deals. The most successful commercial real estate investors do value add deals. That's where they make their millions (including myself and my Proteges). In this training, you'll learn what value add deals are, how to locate them, how to evaluate them and most importantly, a road map that you can follow to make the big bucks yourself! Adding Value 101 Adding value to a … [Read more...]
Why Diversification is Investor Ignorance
I'm going to humbly group myself with Warren Buffett and Mark Cuban because we focused on one thing and made our fortunes in our area of expertise. Warren's expertise was in his company Berkshire Hathaway, Mark’s was in software, and mine is investing in commercial real estate. That approach differs from the everyday investor who's trying to diversify by creating multiple streams of income and building on them. This is what they call diversification, and they never become an expert in anything. … [Read more...]
How To Maximize Your Retirement Investments
If you are in your 40s, 50s, 60s, or even 70s, and you have money in your retirement account, you should be asking yourself this question. Is what I'm doing in my retirement account going to allow me to retire when the time comes? In other words, is your retirement portfolio growing, and producing enough cashflow that you can pay yourself enough every month and not run out before you pass away? You're about to discover how to maximize your retirement investments by getting safety, growth, cash … [Read more...]
1031 Exchange Step By Step Case Study
Selling your single-family home rental and trading up into a large commercial property without paying taxes is one of the greatest wealth building tools that ever existed, and still exist today. Let me explain. This is what I did. I took my single-family home rental, and a little bit of cash flow, and I sold it. I took 100% of my profits, or 100% of my equity, and I purchased a 44-unit apartment building without paying taxes again. Not only did I increase my net worth with a 1031 Exchange, it … [Read more...]
Truth Behind the Triple Net Lease
Would you like to invest in a truly passive commercial real estate investment for the next 15 years where there are no management responsibilities, no landlord duties, no evictions, and no toilets to clean? It's like clipping coupons, or getting mailbox money on a monthly basis. Sound too good to be true? Well, surprisingly it's not. That is what we call a triple net lease investment. In this blog I will illustrate to you exactly how a triple net lease works in commercial real … [Read more...]
How Beginners Can Beat Experienced Investors
If you are just starting out as a beginner commercial real estate investor, you might be trying to figure out exactly how to get the best deals from commercial real estate brokers. How do you beat out the most experienced investors that the brokers have access to and get the broker to give you the deal, even though you are just a beginner investor? You're about to discover the story of one of my Proteges, who had no previous experience, just acquired 16 units in a Seattle suburb, that many would … [Read more...]
3 Persuasive Negotiating Tactics for Real Estate Investors
How do you get the upper hand when negotiating your real estate deals? After 20 years of negotiating mine and our students' deals, we have learned exactly how to do this using three persuasive tactics. I am so excited to share these tactics and the importance of utilizing them in every single real estate deal you are interested in landing. Tactic 1: Come Up With Your Take Price Before You Make the Offer A take price is the highest price you're willing to pay for your deal. It is … [Read more...]
