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6 Books Every New Real Estate Investor Must Read

Book List Rich Dad Poor Dad: What the Rich Teach their Kids About Money – by Robert Kiyosaki https://amzn.to/3qzZxpH Set for Life: Dominate Life, Money, and the American Dream – by Scott Trench https://amzn.to/3mWkglw Retire Early With Real Estate: How Smart Investing Can Help You Escape the 9-5 Grind and Do More of What Matters…

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Attorney Explains: Can You Invest Your EIDL Funds?

  So, you’ve got a bunch of EIDL money sitting in a bank account, doing nothing but costing you 3.75% interest while you wait for qualifying expenses to come along so you can use that money.  Wouldn’t it be nice if you could invest some of that money in say Tesla stock?  As of the time…

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BRRRR Investing – 4 Lessons From a Successful Tax Foreclosure Deal

My business partner and I just completed a successful BRRRR of a property we bought at a tax foreclosure, and it was not without some challenges!  Watch the video below for my thoughts on it right after we left the bank with the refinance check.  Read the short summary below to get more insight on…

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Should You Get Your Real Estate License as an Investor?

  “Should I get my real estate license?” is one of the most frequent questions asked by new real estate investors.  The answer, as most things in real estate, is not necessarily straight forward.  The answer actually depends on several factors, including the costs of getting and maintaining your real estate license in your area…

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Apartment Building Valuation: How to Calculate the Market Value of a Commercial Apartment Building

  You may or may not know this, but there are actually several different accepted methods for determining the value of real estate.  They include, the cost approach, the comparable sales approach, and the income approach.  Let’s talk about the cost and the comparable sales approaches first, and then focus on the income approach, since…

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Is Investing in Real Estate a Good Idea?

  According to a recent Forbes article, approximately 10% of the world’s 2,100 or so billionaires made their wealth in real estate.  What’s even more intriguing, according to some estimates, over the last two centuries, approximately 90% of the world’s Millionaires either made or grew their wealth by investing in real estate. So, this begs…

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A Landlord’s Nightmare – the Stranger You Can’t Evict

This is a crazy landlord-tenant case from Jefferson County, New York.  A really bad spot to find yourself in if you are a landlord.  Scroll down for link to the Court’s decision.   The case name is Knudsen v. Lax, 17 Misc.3d 350, 2007 N.Y. Slip. Op. 27333 (City Ct. Watertown 2007). Click here to see…

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