Real Estate Investing

Private Money Minute #24: Attention Newer Investors - Interesting Way to Start Your Business by Real Estate Investing

Private Money Minute #23: Comp and Valuing Your Deals by Real Estate Investing

Private Money Minute #22: Construction Reserves for Your Projects by Real Estate Investing

Private Money Minute #21: Making Money Comes First in Your Business (Part 2) by Real Estate Investing

In this episode, Chris and Jason talk about the five different types of real estate financing. Whether you need money for a residential or commercial investment property, or a primary residence, there are different ways to get financing that works best for you and your circumstances and resources. They run through the pros and cons of cash, banks, private investors, hard money lenders, and “creative financing.” Check it out!

Private Money Minute #20: Insurance is Soooo Unsexy by Real Estate Investing

Private Money Minute #18: Missed Out on a Great Deal Rant by Real Estate Investing

Have you ever thought about sending out a contract directly to the seller without ever speaking to them? If your tired of mailing out letters that never get responded to, how about just sending them an offer to purchase their property?

Chris and Jason are discussing what they’ve learned about Warren Buffett and his business from the book, “The Snowball: Warren Buffett and the Business of Life,” by Alice Schroeder. Warren Buffett has been a major inspiration for them and how they run their businesses for quite some time. They have been using and focusing on similar business practices to Buffett for years and have even touched on some of the themes from the book in previous episodes of #theREI360show including paying attention to the deal AND the partner, checking your emotions with transactions, and most importantly–profit should always be your number one concern.

Private Money Minute #16: Determing Your Target Market by Real Estate Investing

Private Money Minute #15: Snowballing Your Real Estate Investments by Real Estate Investing

Jason is going over the three ways successful real estate investors determine resale values for their completed rehabs.

Today, Chris and Jason are talking about the pitfalls that may come out of bad business partnerships. First, they caution that the most available, eager people are in most cases the wrong partners, as good business people are careful and choosy. Then they advise to “bet on the jockey, not the horse,” meaning the operator is separate from the business model–the idea might be fantastic, but if the person with the idea is not, steer clear. And then they discuss how if you are the mastermind, the responsibility ultimately lies on you, and choosing the wrong partner(s) could cause you big problems. As they’ve said before, in a good partnership, 1+1 should equal 3, at the very least.

Private Money Minute #13: Wholesaling Properties Through an LLC by Real Estate Investing

Private Money Minute #12: 3 Reports Needed to Run a Real Estate Investing Company by Real Estate Investing

Private Money Minute #11: Direct Mail to Sellers by Real Estate Investing

How is your business’ mobile site? Google recently reported they had more searches on mobile devices than on computers in 2015. Chris and Jason are discussing this phenomenon and how to make your site as user friendly as possible. They get into the importance of Google Analytics, a great tool because it monitors where traffic is coming from. Then they talk about having a “responsive” website, which indicates that the layout changes based on how the user is connecting–phone, tablet, or computer. Finally, they address how important it is to have a “click to call” button on your site, meaning the user clicks the phone number on the site and it then pops up in their phone app.

Private Money Minute #10: Why You Have to Buy Properties at 65% of the ARV by Real Estate Investing

This PMM is from the end of 2015 and Jason is talking about setting goals for the upcoming new year, which can really apply at any time of the year--never too late!

Private Money Minute #8: Who You Are & What You Want by Real Estate Investing