Author Archive

An investor who has owned four rental properties for the past three years called me for help.  He was at his wits’ end.  Because he hated dealing with tenants so much, he was seriously considering dumping all of his rentals!  By the way, this is not an uncommon feeling for new, inexperienced, and under educated […]

How Can One Deal Lead to More Deals?

Posted on November 7, 2016 by
Most folks think real estate investing consists of finding a deal, taking it down, getting it rehabbed and sold, and then going out to find the next deal.  But what if you structured the deal in such a way that one deal leads to more deals?  Let’s look at two real-world examples of this.  A […]

Own Nothing, Control Everything

Posted on October 3, 2016 by
A real estate investor offered to buy me lunch in exchange for information.  He wanted to know how we hold title to our properties; in other words, whose name is on the deed? When we met, he explained that he’d gone to the deeds room in the courthouse to look up which properties Kim and […]
Since 1999, Kim and I have continually learned from Pete Fortunato how to creatively structure and fund our deals – without going to banks! The BEST real estate investing meeting we attend is the weekly Real Estate Exchangers meeting in St. Petersburg, Florida.  It’s creative deal structuring and funding at its most pure. Here’s an […]

Sage Advice From an Old Investor

Posted on August 1, 2016 by
After closing the doors of North Georgia REIA forever, we have been reminiscing about the best lessons we’ve shared with our group. With this in mind, here’s some sage advice from an old investor. How do I know whether a deal is good or not?  How do I know what I’m looking at?  And if […]
Long ago, Kim and I learned that options are an incredibly powerful deal-structuring tool that allows you to control lots of real estate for little or no money…and with very little risk!  And here’s the best part: Because so few know anything about options, you have almost no competition! Simply put, if you are not […]

The Music is in the Man

Posted on June 6, 2016 by
In my early twenties, I’d decided that to be successful, I needed to buy a Mercedes Benz and a gold Rolex watch.  Dean Kates, who was my mentor back then, told me the following story to help me understand that greatness comes from within, not from what you own – that bling is pretty much […]
Two decades ago, Kim and I set a goal to replace our earned income with investment income. There are a couple of advantages to achieving this goal.  First, you don’t have to labor for a living.  In other words, your capital is working for you instead of you working for your capital.  Second, the tax […]

You Bought the House…Now What?

Posted on April 4, 2016 by
When Kim and I were baby real estate investors, we were totally focused on buying our first investment property.   Then one day it actually happened!  I remember leaving the closing attorney’s office feeling pumped up.  When we got in the car, Kim asked, “Now what?” Now what, indeed!  I hadn’t given that part of the […]
To succeed at real estate investing, or business, or life, requires bone – the right kind of bone. Because real estate investing is pretty easy to understand – you buy a house and then either sell it or keep it as a rental – lots of folks are interested in becoming investors. Want proof? Look […]