Snowboarding is JUST Like Real Estate Investing: Here’s How

Real estate investing is just like snowboarding. Wait, don’t stop reading if you don’t snowboard; you’ll still be able to follow along, I promise. I love this time of year because my anticipations about getting back into snowboarding are getting stronger by the day (although obviously not strong enough because I haven’t driven out to the perfectly snowy slopes yet). As I was pondering my upcoming ...

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Rejoice in Your Real Estate Investing Success: Your Future Success Depends on it!

You've heard it all before: turn lemons into lemonade; learn from failure; strikeout before hitting a grand slam. Sure, that's all well and good, but what's wrong with rejoicing and reveling in our success? Nothing! In fact, doing so can keep you motivated and ensure you continue on your winning path. It's no secret that the world of real estate is full of ups and downs, wild successes and gigantic ...

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Are You Really Saving Money by Being a Landlord?

Are you really saving money by being a landlord versus paying a property manager? Awhile ago I wrote an article that explained the difference between active and passive income (See: The Truth About Active Income vs. Passive Income). In it, I talked about which investing methods fall under which income category. I identified having rental properties as being in the passive income category. Guess what though… there is a hitch ...

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The 5 Most Annoying Misconceptions that Newbies Love

The items below are all things I hear repeatedly by investors; they aren’t necessarily misconceptions for every investor, though. In particular, investors just starting out need to be aware of the following: 1. Wholesaling. Everyone hears how easy wholesaling is and how you can make soooo much money doing it. Yes you can make a lot of money, but it’s not easy. It takes mega amounts of work. Additionally, ...

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4 Buying Criteria for Rental Property (& How I Determine a Good Deal)

I most often get asked about my buying criteria as it relates to turnkey rental properties because that is what I have mostly bought over the years. However, the answers I give regarding turnkeys are really the same answers I would give for any rental property investment. What should you look for in a rental property? Are there guidelines? What factors should you consider? What about those pesky “rules of ...

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4 Steps to Ensure You’re NOT Getting Duped by a Turnkey Provider

How many of us, especially as we first start getting into real estate investing, are concerned we are getting duped? I’d venture to say quite a few! I know I did when I started out. I was certain every dude in a suit was out to take me for everything I was worth. Luckily, I happened to meet people I really valued and ended up being able to trust, ...

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Calling all Surfers! (yes, to Nicaragua)

I’ll admit, I’m not usually an investor who is focused on lifestyle investing. To be clear, “real estate investors” are typically in a deal for the money only. “Lifestyle investors” are investors who are thinking more about a second home, somewhere to retire, or some where they would want to live… while also making a return on their money in some way. Be sure not to confuse lifestyle ...

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Hitting Your ROI Out of the Ball Park

Spring - and baseball - are almost here. Excited? We are! Today we are drawing inspiration from one of America's favorite past times. There's just something about the smell of peanuts, hot dogs, cold beer and a sea of people all wearing the same hat as you, isn't there? Beyond the decidedly American ambiance, this sport requires its players to be clever and make well-considered moves that deliver results. Like ...

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7 Steps for Rebounding from Major Real Estate Failures

Welcome to real estate investing, the industry where things will inevitably go wrong. There’s no way around it. If you are a real estate investor and currently investing, and nothing has ever gone wrong for you, you aren’t that good of an investor. Failures are part of the game. We can try to educate and practice as best we can to avoid them, but it is part of ...

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Ali’s New Book Just Came Out!

Get it on Amazon.