REI Fundamentals
Whether you're pre- first deal or a seasoned professional, explore the foundational knowledge upon which real estate investment success is built.
Back To: All Topics | Operations
REI Fundamentals
Whether you're pre- first deal or a seasoned professional, explore the foundational knowledge upon which real estate investment success is built.
Back To: All Topics | Operations
Think Realty Podcast #266 – Protect Yourself with Lightning Docs
Did you know that if you fill out forms online for your business transactions, you COULD be opening yourself up to liability? Most free online documents are designed for consumer loan transactions but if you’re a real estate investor or work in the lending space, you now have access to ...
Process Map Your Way to Success
Many real estate investors can grow their companies to a point, but then no matter how hard they grind, the desired success doesn’t follow. What’s keeping these companies from achieving their full potential? If this scenario sounds familiar, what your company is likely missing is an established process. The best ...
The Importance of a Business Operating System
If you are an entrepreneur, business owner, or investor, you may have never heard the term “business operating system.” At least I hadn’t when I began my entrepreneurial journey back in 2012. I did what any aspiring entrepreneur does and decided to chase my dreams. I’m a very experiential learner ...
Due Diligence and Measuring the Impact of Inflation
00:47:13 | In this session, subject matter experts discuss the impact of inflation and the due diligent needed to protect your assets. They will cover how to measure inflation, create lead generation and secure profit margins, all impacted by inflation. Other Replays for this Event ...
How Do You Choose Good Real Estate Education?
In the early 1990s, if you had been looking for a course on real estate investing, you might have spent a fair amount of time and effort looking. In those days, internet access was uncommon. You had to go to the library and look for book if you wanted to ...
28 Free (or Inexpensive) REI Investor Tools
You’ve probably heard of the acronym OPM: Other People’s Money (not to be confused with the 1991 movie with Danny Davito). It’s an acronym that’s bandied about in the real estate world to refer to the money one can borrow from investors or lenders to increase purchasing power. Whether you ...
Why REI Education Is Important
Real estate investing is one of the most reliable ways to build and protect wealth. But if you want to be successful, you must do the research and make sure you are well-informed. Although you don’t need a formal degree or even a previous background in the industry to be ...
Your Development Is a Process, Not a Destination
Real estate investing is a complex and multifaceted field that requires a high level of knowledge and skill to be successful. Although some individuals may be able to navigate the market and find profitable deals through trial and error, most real estate investors aspiring to any reasonable level of success ...
Why Experience Is the Best Education
When I was getting started, there were no YouTube videos or podcasts. There were TV infomercials on how to get wealthy investing in real estate with a number to call to give your credit card information for guaranteed success. I did go to paid trainings, I read the books, and ...
4 Key Questions for Rapid Growth with Cole Taylor
00:43:31 | Want to find rapid growth in every area of your life and business? In this session, Cole will cover 4 questions that will both provide the path and set the pace for growth in all facets of your life, both personally and professionally. Other Replays for this Event ...
00:06:14 | Everyone has a personal view of what freedom means to them. Which of the three freedoms Dani and Flip mention means the most to you? Do you have another face of freedom you want to tell us about? Share in the comments! ...
Why Real Estate Versus Other Investments
00:09:48 | Flip and Dani compare real estate versus other investments i.e. crypto bandwagon, banks, retirement accounts, etc. Here are the benefits of investing in Real Estate: Cash Flow and Passive Income, Appreciation, Tax Benefits, Leverage, Principal Pay Down, Cash Out Refinance, Inflation and last but not least, It's a ...
Investing and the Value of Time
00:09:03 | Flip and Dani define and give examples of the three components that affect investing via the value of time. Inflation, Simple Interest & Compound Interest ...
Tax Benefits For Passive Real Estate Investors
00:09:28 | Flip and Dani talk about the tax benefits of real estate investing. They list out the scores of incentives to real estate investing that you need to know, all under 10 minutes. It’s not always how much a deal makes, it’s how much you get to keep! ...
Building a Partnership That Thrives
Think for a moment about a few of the most successful corporations in the world. It is a fair bet to claim that none of them ascended to their peaks alone. In fact, they likely had partners who were critical to their industry rise. Simply put, partnering with another company ...
How we Set Ourselves up to Retire in 5 Years Through Real Estate Investing
00:07:43 | Flip & Dani share how they set themselves up to retire in 5 years through real estate investing and how their passion to help others do the same inspired them to create a 365 day Podcast Series titled "Freedom Through Passive Income ...
What is an Accredited Investor and How Do I Become One?
00:07:52 | In this episode, Resident Experts Flip & Dani talk about what is an accredited investor and how to become one ...
Key Considerations for a Commercial Real Estate Partnership
A real estate partnership is no different from any other partnership in its basic purpose: mutual benefit through collaboration to achieve more together than can be accomplished alone. Steve Jobs distilled the benefit of collaboration this way: “Great things in business are never done by one person; they’re done by ...
Faster Alone, Further Together
An often-quoted African proverb states: “If you want to go quickly, go alone. If you want to go far, go together.” It is advice you would be wise to heed. Why? Because it takes a team to build an Empire. Yes, you can be the emperor or leader, but you ...
Building a Strong Foundation For Your Relationships
Partnerships are as powerful as multiplication and addition. When you find the right partner—whether in your business efforts or a life relationship—you can accomplish more than you would going it alone. As wonderful as partnerships can be, however, they can equally be as detrimental. After being involved in more than ...
Fred and Tom were two young entrepreneurs who had just partnered to start a business. Unfortunately, they were struggling because they didn’t know their numbers, and they weren’t adjusting their business accordingly. “I don’t know what’s wrong,” said Fred, looking despondently at Tom. “We’ve been working hard to make this ...
3 Ways to Reduce Capital Gains Tax on Rental Properties
Similar to stocks, rental properties are viewed as capital assets. So, when you sell them and earn a profit, you must pay capital gains tax on the money you’ve earned. You can calculate your profit by subtracting the amount you paid for the property (plus any costs for renovations or ...
Property Manager Due Diligence
Property managers (PM) are not typically considered an essential piece of your real estate investment team—unless you live out of state. Honestly, if you buy a local property there are a lot of compelling reasons you shouldn’t have a PM. The biggest reason people opt out of having a PM ...
How to Leverage Social Media to Promote Rental Properties
The best business advice you’ll ever get is to market where your audience is. With 70% of American adults on social media, according to the Pew Research Center, it’s a prime channel for advertising many products and services. To get your rental properties in front of your target audience, take ...
Empathy seems like an overused term lately. It conjures up visions of corporate mission statements that use the word empathy but in practice no one who works at the company or does business with it feels anything but empathy, compassion, or customer service. Some corporations have even adopted slogans like ...
