So you found a motivated seller… …did your negotiations… …completed your due diligence… …have financing in place… …and now you are sitting at closing table of this great deal – you are home free! Well almost! I have found more mistakes in closing documents than I ever expected! Let’s start with some basics. Here are [...]
So you need money for deals. You have no money. Where do you start? Let’s start with 3 basic ways of getting money: Save It! Borrow It! Trade It! I will expand on each of the above. Save It: This is NOT my favorite way, but many people save money by living frugally and/or making making [...]
Recently, an investor approached me during a 3-day workshop… And he asked this question… “George, I heard through the grapevine that you are doing a lot of ‘big’ business investments in addition to your real estate investments. Can you share with me some things you are doing and why are you not doing all real [...]
You have heard of “Warranty Deed”, “Grant Deed”, “Quitclaim Deed”, “Trustee’s Deed”, “Tax Deed”, etc… So what’s up with all these deeds? Let’s start with the definition of “deed”… “Property deeds are legal instruments that are used to assign ownership of real property, to transfer title to the land and its improvements such as a house.” So [...]
On Tuesday, May5th, 2009 we had a VERY popular webinar titled “Achieving Your Financial Goals”, where a panel of experts helped answer YOUR questions on investing, wealth building, and whatever other challenges you might have had on reaching your financial goals. We started with a short high-powered presentation that can help you achieve your financial [...]
As I mentioned in a recent post, we had SO MANY testimonials for the Private Lending Mastery bootcamp. Here are some more… What is this information worth to them now that they KNOW it? A LOT! What is the cost of NOT knowing this information? A LOT! You too can become a PRIVATE LENDER without [...]
As an investor, you need to understand the “risk relationship” between lender and yourself, the property owner. Let’s start with a few questions: 1) You put a 20% down. Lender lends you an 80% loan. Who is taking a bigger risk, you or lender? Answer: You. Why? Because if property goes down 5%, and then [...]
This past weekend, we concluded the Private Lending Mastery (PLM) bootcamp. For 3-days, we went over everything students need to do to start generating cash flow from private lending. We covered various strategies to increase returns and also do private lending WITHOUT any money! “…learned more in these 3 days than I can use in [...]
I often join the wealth strategy calls we offer to help people achieve their financial goals. Certain students expect us to tell them EXACTLY what to do without knowing anything about their goals. Let me start by saying this. The strategies to get to $5000 passive income per month in 5 years are VERY different than $20k passive [...]
Here is an email I recently received… “George, I have purchased 3 properties in the last 8 years, worth $1.2M total. I owe $850k total in mortgages. I have $13k in credit card debt. I have a job that I love making a great salary. I have decided not to buy any real estate for now, [...]
You have heard the term OPM (Other Peoples Money). There are a number of sources of OPM: – Conventional loans – Seller Financing – Private Money – Hard Money – Business Lines of Credit – among others There are also other sources that one can be creative with: – Rental Deposits – Real Estate Agent’s [...]
“I lost all my properties. Not sure what to do now. I am scared. Help! What do I do now?” read the email. This email is similar to many emails I am getting these days. I don’t have time to respond to emails, but I can help on this blog. So, let’s start with this. [...]
I believe every real estate investor must become familiar with their County Recorder’s Office. This one place is FULL of data that can help you as an investor. You don’t necessarily have to be there all the time, but becoming familiar with that place is very important. It is a step towards becoming a lot [...]
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Get our Monthly Special report and learn the closely guarded insider’s secrets of the wealthy.
Feel lost in your wealth building journey?
Click here to receive a FREE 30-Minute Wealth Building Session!
Discover if you're one of the lucky few that is able to pay off your debts in 1/3 of the time!
Attend our next seminar and network with like minded wealth builders! Discover the wealthy building secrets only known to the super rich, click here!
