In the business of real estate investing, three major players feed off of each other to spin the wheels of wealth creation.
Wholesalers, rehabbers, and hard money lenders form a symbiotic trinity in which each one is dependent on the others.
Wholesalers need rehabbers to buy deals, rehabbers need hard money lenders to finance deals, and hard money lenders need wholesalers to find deals to lend on.
The Details on the Blue Lake Deal
We caught up with our contractor, Vernon, as he worked on Glendora; walked through Blue Lake, our latest acquisition; and made a decision on another property that we had under contract.
The Six Ways Real Estate Investing Makes You Money
I've made several comments over the years recommending real estate investing as the most powerful form of passive income.
The reason it's so powerful compared to other passive income sources such as stocks, blogging, or bulk candy vending is: there are six ways it makes you money.
Geniustypes.com has a New Look and Tour!
I'm pleased to announce a new look for geniustypes.com including a tour! The new layout is meant to be a cleaner and more intuitive way to navigate all the articles I've written over the last three years. As you may know, geniustypes.com covers a wide range of topics from creative life to passive income. Keeping [...]
Pay Yourself First: The Equity Goose and The Cashflow Golden Egg
I find it interesting that wisdom is often clearly laid out before everyone in a book or a lecture, and few truly understand it. It's just as Napoleon Hill wrote in "Think and Grow Rich" when he hinted that one needs to re-read the book several times; and even then, the wisdom can only be captured when a person is ready to hear it.
How to Invest in Real Estate With No Money or Unlimited Money
One of the greatest things about real estate investing is that anyone can do it. People think they need money or credit to become a real estate investor, but that is simply not the case.
How 15 Rent Houses Can Retire You Faster than a $1 Million 401k
Is $200 a month a lot of money?
How you answer this question speaks to your level of financial sophistication.