Partnerships are key to success in real estate investing. If you’ve listened to Gavin talk before, you’ve probably heard him say it a million times. He’s never done a single deal by himself. He always works with a partner. So today, he’s … [Read more...]
1035 » I’ve Never Done a Deal…By Myself » REI In Your Car
I’m coming at you from my car today because I had something on my mind that I couldn’t wait to share with you. I’ve never done a deal by myself. I always partner with someone or hire someone to do stuff for me. It all started when I … [Read more...]
956 » Deals Gone Bad #19 – Buying Houses At The Height Of The Market, Before The Crash – Brad Weimert
We grow the most through the pain because when we figure out that we’ve fallen on our face, we never want to do that again. At the height of the market, before everything crashed in 2006, Brad Weimert bought a couple of multifamily units in … [Read more...]
946 » Deals Gone Bad #10 – A Subject-To / Rent To Own Deal, Turned Drug House with Rick Ginn
The deal’s numbers seemed solid to Rick Ginn from Flip with Rick from the start. The house’s PITI was $960, and the rents in the area were between $1400-$1500. It had great cash flow and the seller didn’t want to make another mortgage … [Read more...]
943 » Deals Gone Bad #7: How Being a One-Man Show Led To A Stupid Tenant Lawsuit w/ Todd Toback
When a Realtor contacted Todd Toback about a deal that was falling through to see if he wanted it, he couldn’t see any downsides. The California house was built next to a landfill, sure, but it was worth $550,000 and they were selling it … [Read more...]
929 » Deals Gone Bad #1: Too Many Deals, Not Enough Cash Flow with Mark Dolfini
Someone once told me that “Smart people learn from their own mistakes and wise people learn from the mistakes of others”. If you’re following what you think is a smart strategy and you find yourself spread too thin, then it’s time to look … [Read more...]