Kevin Guz
Why you cannot quit after just one rental property
I bought my first rental property more than 10 years ago, as we have discussed before. I was a part-time investor—or, in my case, a “lunch hour” investor. I was very excited, and I made the leap, and I purchased that first property successfully. But here’s what you are going ...
Don’t let fear of finding tenants stop you from real estate investing
When I look back at my first rental property purchase more than 10 years ago, I am amazed at my good fortune. Because there were plenty of times, as a part-time real estate investor with a full-time career outside of real estate, I tried to talk myself out of that ...
How I bought my first investment property on my lunch hour
For many part-time investors or investors embarking on that first property purchase, the easiest excuse is, “I don’t have time.” But if you really have the desire and passion to purchase investment real estate—even if you are already involved in a full-time career or pursuit—that should not hold you back ...
4 Ways to Start Small as a Real Estate Investor
I speak from experience when I say that taking that first step is one of the most significant and common obstacles for a new or part-time investor who is looking to get started. Most people struggle to take that first step. I’ll admit it is the most difficult step and ...
4 ways to start small as a real estate investor
I speak from experience when I say that taking that first step is one of the most significant and common obstacles for a new or part-time investor who is looking to get started. Most people struggle to take that first step. I’ll admit it is the most difficult step and ...
The Weekend Real Estate Investor: 7 ways to overcome the fear of buying your first rental property
When I was still in the corporate world, and just beginning my career as a part- time real estate investor, I chose to begin with the purchase of a single rental property. A very simple and a very low-risk approach. Here are the 7 ways I overcame the fear factor, ...
How to maintain 100 percent rental occupancy without any advertising
This kind of came to me out of the blue this past weekend. I had a prospective tenant contact me on Saturday afternoon and ask, “Hey do you have any rental properties available. I am looking for a home.” And I did not have anything available. But I asked how ...
3 guiding principles for investors to remember when the phone rings
One of the scariest aspects of the business to new real estate investors is when they get that first call generated from their marketing. It can also be scary to experienced investors because marketing is typically their single biggest expense. When your marketing starts generating leads, or incoming phone calls, ...
4 key elements eliminate fear and excuses real estate investing is too risky
I was having a conversation with a friend of mine in the office and he asked me, “How is your business going?” I told him how many homes I bought that week and how pleased I was. Then I was met with a look of concern on his face. He ...
4 reasons someone would sell their house at a discount to you, a real estate investor
Why would anyone sell you, a real estate investor, their house at a discount? Every real estate investor will face this question at some point. Those thinking about investing in real estate will all have this question posed to them, if they have not already. If they are not being ...
How to make money on every real estate lead
There are a lot of new real estate investors, I imagine, who have just hit the market. They are hot and excited and want to go out and buy every house that they can. One of the lessons they will quickly learn, and that I learned as a new investor, ...
3 steps to overcoming fear in buying your first investment property
Many times people thinking about buying their first investment property are anxious or scared. So how do you overcome the fear factor? I guarantee there are many people out there who put down on their resolutions and goals for 2015 that they want to buy their first investment property. You ...
3 steps to overcoming fear in buying your first investment property
Many times people thinking about buying their first investment property are anxious or scared. So how do you overcome the fear factor? I guarantee there are many people out there who put down on their resolutions and goals for 2015 that they want to buy their first investment property. You ...
5 critical numbers real estate investors need to hit in 2015
It is the time to plan for 2015, if you have not done so already. I hope I can help you with these 5 key numbers to plan for 2015. My planning is done, and it has long been done. Don’t get discouraged if yours is not done. It’s never ...
5 key principles for running your real estate investing business in 2015
No. 1 – Painfully obvious, but frequently ignored, is goal setting If you are preparing for a successful 2015 but have not finished – or even already started – your real estate investing goal setting process, you are late. Successful investors have already set their goals and have prepared their ...
The 7 avoidable mistakes investors and landlords should recognize
No. 1: Healthy cash flow is a must It’s so elementary and the foundation to your success as a landlord, yet it’s a commonly violated principle. A rental property must be set up for success, meaning the financials behind it must cash flow. So many times you see new or ...
How 3 homes I bought turned into one of my best deals ever
After I had purchased a home as a rental, cleaned it up and started the leasing process, I met a single mother with two young daughters, coming off a broken marriage, desperately in need of a place to live for her and her two daughters. She wanted our rental and ...
5 practical ways to improve cash flow on your rental properties
First off, when thinking about real estate investing, a lot of people think about buying properties and reselling them for profit. And that is a fundamental aspect of real estate investing. Another key aspect: You have to buy it at the right price to sell it at the right price ...
5 mistakes I will never repeat as a real estate investor
Boy, I tell you, I have done a lot of deals and made a lot of mistakes as a real estate investor. It is hard to pick the first one I will never repeat. In my world you win some and you learn some. Real Estate Investor Mistake No. 1 ...
How I went from a corporate executive to a real estate investment business owner
I have been a residential real estate investor, in some capacity, for quite some time. I was investing in residential real estate for 10 years while I was a corporate executive. I was buying houses on my lunch hour. I was fixing and repairing and leasing houses on the weekends ...
How well do you know the neighborhood where you are investing?
I recently had an opportunity to purchase a home in a great neighborhood. It had great resale potential, plus great lease opportunity if you wanted to buy and hold it. I could have done a spreadsheet on the house and the numbers would have looked great. Had I not gone ...
4 things that could cost you before you finish renovating your investment property
Since my previous post addresses the financial costs associated with renovating an investment property, allow me to focus on another important consideration: The time factor. In this situation, there are many repairs that, while not costly in terms of pricing, take a lot of time to finish. In the course ...
5 things will tell you if it’s a great property buy or disaster lurks
As a real estate investor, here's a question I have to ask on a regular basis involving a property for sale: Should I renovate it? Or pass on the property as an investment? The challenge is that appearances often are deceiving. Simply eyeballing a home is not enough. A property may ...
3 things to get people to watch your investment videos– and stop boasting please!
I am a strong supporter of investors who use videos to market their services and emphasize their expertise. The numbers prove this point. A YouTube search for "real estate investing" reveals approximately 347,000 results related to this subject. The issue is not whether investors should create their own series of ...
Can hard money loans help real estate investors?
If I were a first-time investor, and if I had a chance to buy and sell a property for a sizable profit, I would try to get the necessary capital, at the best terms, to make this deal possible. Here's the problem, though: It's unlikely that a bank, in this ...
