Podcast Episode 69: “Lawyer? I Don’t Need No Stinking Lawyer!” Experienced investors sometimes do real estate deals without the help of a lawyer. But even knowledgeable people can miss things that a professional wouldn’t! In this Tale, we have a seasoned investor who acted for himself when he bought a property, but got help from … Continue reading I Don’t Really Need a Lawyer, Do I?

Podcast Episode 68: “Disaster at Penhorwood: Update.” In a previous Tale, we reviewed the calamitous and stomach turning events at the Penhorwood Condominium complex in Fort McMurray, Alberta. Our review looked at events occurring in 2011, but in 2014 things really came to a head. I thought this was serious enough to reprint some our … Continue reading Worst Case Condo Investment

Podcast Episode 68: “Disaster at Penhorwood: Update.” In a previous Tale, we reviewed the calamitous and stomach turning events at the Penhorwood Condominium complex in Fort McMurray, Alberta. Our review looked at events occurring in 2011, but in 2014 things really came to a head. I thought this was serious enough to reprint some our … Continue reading Worst Case Condo Investment

Podcast Episode 67: “Coaching Successful Lease-Options.” When a qualified tenant wants to be a homeowner, but can’t get a mortgage, investors can offer him or her a lease-option. This creative investment strategy is also known as rent-to-own. The trick is doing enough diligence on the tenant to make sure that they will be able to … Continue reading Rent-to-Own aka Lease-Options

Podcast Episode 67: “Coaching Successful Lease-Options.” When a qualified tenant wants to be a homeowner, but can’t get a mortgage, investors can offer him or her a lease-option. This creative investment strategy is also known as rent-to-own. The trick is doing enough diligence on the tenant to make sure that they will be able to … Continue reading Rent-to-Own aka Lease-Options

Podcast Episode 66: “Creative Cash Takes Time And Effort.” The foundation of real estate investing is to buy and hold property. Sometimes, however, opportunities come along that require a different strategy. A highly motivated seller with a low/no equity property could be approached with an Agreement for Sale. This is both a creative real estate … Continue reading Agreements For Sale

Podcast Episode 66: “Creative Cash Takes Time And Effort.” The foundation of real estate investing is to buy and hold property. Sometimes, however, opportunities come along that require a different strategy. A highly motivated seller with a low/no equity property could be approached with an Agreement for Sale. This is both a creative real estate … Continue reading Agreements For Sale

Podcast Episode 65: “Diligence with Friends and Experts.” It doesn’t matter who you are working with in a real estate deal, you still need to do your diligence. This means asking questions and reading the documents—even if dealing with a friend. Don’t assume an expert is infallible either; professionals can still be wrong or make … Continue reading Do You Always Need Diligence?

Podcast Episode 65: “Diligence with Friends and Experts.” It doesn’t matter who you are working with in a real estate deal, you still need to do your diligence. This means asking questions and reading the documents—even if dealing with a friend. Don’t assume an expert is infallible either; professionals can still be wrong or make … Continue reading Do You Always Need Diligence?

Podcast Episode 64: “Development Is a Senior Strategy.” Buying and holding single-family homes is a great strategy for anyone starting out in real estate investment. Many people eventually get into multifamily properties, which builds on the experience of basic buy-and-hold. Becoming a developer is a very different type of strategy and is much more difficult. … Continue reading Should I Become a Developer?