Blog

14 Aug

Posted at 10:15h in Blog

Is a recession on the horizon or not? Who’s to say? No one really knows the answer. But that doesn’t stop the media from sending everyone into a frenzy. After all, all you hear on the news these days is talk about the recession. It’s no wonder that perhaps you, like many other real estate investors, feel a certain unease about the real estate market. It’s safe to say most people are wondering how to prepare for the next recession. When people wonder what the market will look like, they’re missing the point. It’s because there is no “one market”. For...

07 Aug

Posted at 10:15h in Blog

When you’re an expert in only one area, uncertainty and an ever-evolving environment can feel scary. The real estate market constantly changes after all. And if you’re focused on wholesale and rehabs as your niche, this raises some questions. Is real estate wholesaling worth it? Will rehabs be as popular when the market dives or construction sinks? How hot is it now? And the ever-popular – should you try to become an expert in another niche, or is staying in your box the best thing for you? With this line of thinking, you might be convinced that the most logical move...

10 Jul

Posted at 08:00h in Blog

I have something controversial to say. It might just be my opinion, but I think you'll see what I mean by the end of this…There is no such thing as a self-made person. (And I'm a perfect example.) I didn't come from money, and I didn't get involved in real estate until later in life. A lot of people might describe me as a "self-made" man because I went from being a bartender and I worked my way up the ladder to get where I am today. I put a lot of hard work in to get to where I am…...

06 Jul

Posted at 12:15h in Blog

We love structuring owner financing deals whenever possible because of the massive profit potential. When you're making principal-only payments with a free and clear house, the numbers climb quickly. As a result, we often get a lot of questions about how these deals work and how we acquire them. So, in this post, we're going to cover some of our most frequently asked questions and provide you with a simple formula that will all but guarantee your next owner financing deal comes in over six figures. If you're looking for an in-depth explanation of how these deals work, that's another article entirely....

03 Jul

Posted at 08:00h in Blog

As with most businesses, knowing how to get real estate leads in a hot market is an important part of the terms (creative financing) niche. If you can't generate leads, you'll never be able to take on new deals. We have a number of tried and tested systems for generating leads that work nine times out of ten. But what happens when those systems dry up? Or there's a lull in the market for whatever reason which typically is that it’s a hotter than normal market for sellers and they’re moving their properties more readily. The simple answer is… You need...

01 Jun

Posted at 12:30h in Blog

A lot of people like to start their day with an easy task so they can knock out something small and get moving. I'm here to put an end to that. It's time for each and every one of us to do the hard things first. Why? Because that's when we have the most energy and focus. We have the ability to change the entire day by getting a major win first thing in the morning. That moves us forward and we can keep it going throughout the day. But more importantly, it means that we are always going to get the...

29 May

Posted at 07:45h in Blog

Do you want to learn how to avoid complacency and find freedom in your business? John Alexandrov was an attorney in Massachusetts for over 30 years. He was best known as a leader, providing business legal services to entrepreneurs and business owners. John represented hundreds of business owners and entrepreneurs, and he was as well known for his business skills as he was for his legal skills. Capable in all aspects of a business’s legal needs, he brought real-life business experience to the table as an entrepreneur and business owner himself. At the same time, John knew how to act decisively,...

25 May

Posted at 11:25h in Blog

We tend to focus on nice, move-in-ready homes that don't need significant repairs or maintenance—but that doesn't mean repairs are out of the question or uncommon. Sometimes there are a few underlying issues with a home, and that shouldn't stop you from buying it on terms. But this begs the question who pays for repairs after home inspection? If you do find yourself with a terms property that needs repairs, here's how we recommend handling it. A Terms Property Purchase Scenario Let's say you find a nice, move-in-ready home but find out that the chimney needs some repairs. (This is an actual...

08 May

Posted at 08:25h in Blog

In the terms niche, we provide solutions for sellers who are having difficulty selling their home and buyers who are unable to purchase a home conventionally. That means we often deal with sellers and buyers who are in very unique situations. Whether it's a seller who is in arrears and desperate to move or a buyer who had an incident in the past that is affecting their credit, we can help both parties out. In this case, we're going to look at a deal where the seller was actually behind on his mortgage payments by several months. This might sound like...

24 Apr

Posted at 16:16h in Blog

Wondering how to juggle real estate and a full-time job? In this blog post, Don Strickland, one of our High 6 Associates and an engineer turned real estate investor, shares how he became one of our most successful Associates while still working nine-to-five. It's possible! Below you'll find some of his best tips and advice. Life is busy. I try to juggle my kids’ sports, my full-time job, the real estate business, and everything else in life. But being out there and seeing what Chris and his team do propelled me even further. Seeing how Chris has been able to create a...