Arson, tenant lawsuit, questionable legal docs, non-paying borrower, forced place insurance, and more. All wrapped up into one hard money loan I made that lasted 16 years. Think I learned a few lessons?
Trust with full faith and you will find your direction. Real Estate Investing and Hard Money Lending are mine.
Five years have past since the Real Estate Markets hit their point of resetting in 2010 from the 2007-2008 Great Real Estate Depression. Extremes in both individual human behavior and financial/credit modeling often cause financial losses and results in the ‘left behind’ mentality & reality. Looking back over the past 21 years of active investing… Read more »
In time we all learn that sharks exist everywhere -what scares me most is that when we are at our most vulnerable point we tend to expose ourselves “Wanting to Believe” and thus getting bitten. $15+k in credit card debt, working paycheck to paycheck, divorce, bankruptcy, laid-off, whatever it is, when the pain is great… Read more »
We make mistakes -it is a fact of life. Whether its in business, personal, or day-to-day investing decisions. The truth is mistakes are a given if one is actually taking action in directions to achieve success. Whether it be screening a potential resident or selecting that new property to rehab-to-retail odds are some mistakes will… Read more »
Are you ready for.., the Perfect Storm??? Life is all about change. Whether it’s the traffic patterns on our way to work, the kids favorite meal, one’s ability to excell in the World of Real Estate Investing, or life itself. Life is life -right? It occured to me the other day when a friend… Read more »
Real estate has been an exciting adventure for me over the years (heck -decades now) as it is one of the few things I’ve allowed to teach me the lessons of life… One of my goals (as I assume everyone’s) is to leave a legacy of both something tangible and intangible for my family, friends,… Read more »
Sometimes we set ourselves up for failure by mentally creating our own roadblocks… Often I see either new or seasoned real estate investors that are battling self-created obstacles. As a child I went through a series of events that were repeatedly negative. Just when I was starting to get my bearings and life seemed… Read more »
One’s real estate investing is merely a reflection upon one’s own life. As I sit poolside enjoying a sunny weekend afternoon, I am reminded of two powerful thoughts with my phases of real estate rentals. While most fall for the thoughts of ‘passive real estate investing’ (as even I), the truth is that real estate… Read more »
What is it you desire in life… You see I grew up in family centered on rehabbing, selling homes, and moving on to the next mixed in with pure business and investment conversations. I witnessed both entrepreneurship, corporate ladder climbing, and also basic survival with nothing but a dream. For one to find what… Read more »