In the REI Classroom today, Pete Asmus shares how important it is to stay focused on what makes you happy. Set up small milestones in your goals and reward yourself for progress made. Make sure to stay positive and if you get down, get back up again!..
In today’s REI Classroom, J Massey explains how it sometimes takes failing to push yourself work through to the solution. Failure can bring out the best in people. When failure occurs, it’s an opportunity for you to see your weaknesses and be better in the long run..
Learn from short sale expert Brian Meara how to determine what a good spread is. Brian goes over his formula to determine whether a deal has a good spread or not..
When a bid is created and reviewed, there are lots of small items that can easily be missed but that will ultimately need to be repaired or replaced. From simple window screens to broken sewer lines, there’s a list of items that are commonly missed when creating a bid for a rehab project that will add to your cost..
Sharon Vornholt goes over 5 critical steps you need to take to get your business out there to the world. Without proper branding and marketing, you’re going to be invisible in your market. From having a compelling story to professional photos of yourself, there are steps to take to help build your credibility in the business..
Today, Lex Levinrad talks to us about how having systems in place for your acquisitions and dispositions are critical for your efficiency as a business. Break down your business into buying and selling as they should have 2 different systems. Depending on your business, you might be doing all of the buying or selling..
Scott Carson lets us in on who to ask for when calling a bank about finding non-performing notes. He also shares keywords to mention and what not to say. There are special departments that handle non-performing notes and they’re not always called the same thing. Listen to Scott share some tips from his experiences..
Steve Rozenberg chats with us today about picking tenants, the right way. Most importantly, you want to stay legal in your selection process. Know what you can and can’t ask. Call their references and stay standard across the board. You can’t say ‘yes’ to everyone but you need to be legal when you tell a potential tenant ‘no’..
As Tim Norris explains, when completing a rehab, you need to make sure your contractors have the right coverage. If your contractors don't have adequate coverage, claims will fall onto your coverage..
William Bronchick shares a few guidelines to think about when deciding what legal entity would work best for your business strategy (although you should always consult an expert on your needs specifically). While LLCs make sense for some, a S or C Corp might work better for other investors. Listen in and find out ..