As always your due diligence period is the most important to verifying and solidifying your deal regardless if it’s a single-family or apartment. Taking on an apartment complex is a different kind of animal because if in your initial preview of the property, you’re seeing the two best units and the rest are trashed, the deal becomes very different. We’re going to outline how more seasoned investors should prepare for apartments.

If you have a great deal, the money will find its way to you--just know what you’re bringing to the table and what you’re asking of the money partner. The key here is building momentum and being loud about what you do as an investor so as you meet people, you can build your network of private lenders.

Your business is only ever going to be as good as the team you have behind it and as you get to that point, you’re not just doing this solo-preneur thing. You’re working toward a position of leadership in your business, casting vision, inspiring your team and setting momentum.

The real estate investing gurus of the late and early 2000s spun off a bunch of myths to real estate investing. We’re going to debunk why it’s not a get rich quick scheme, why the 2% rule isn’t realistic, why cash flow won’t make you rich, the myth that rehabs will come in on budget and why third-party property management isn’t a cure-all.

Insurance is a privilege and these agencies can refuse coverage at any point, remember they’re going to be evaluating you as a business as well. Your goal should be to find someone that is invested in the relationship and will go to bat for you when the time comes.

There are really three rules to partnerships. 1. You need to have different skillsets. 2. You need to set a purpose or goal for what you and your partner are trying to accomplish in a specified period of time. 3. You need to be open and honest in your communication with each other.

Are you hesitant to buy properties from a seller with a professional license like an attorney or doctor? We dive deep into a wholetale deal Ryan has worked through recently in Indianapolis.

You might be at a stage of your business and need to hire or fire an employee. When you hire, you need to know exactly what the job description is. When you think you need to fire someone, your intuition is likely right. Hire slow, fire fast.

Home Equity Lines of Credit or HELOC's can be one of the best ways to raise private funds to jump on an investment property, interest-free. These can be great ways to scale your business quickly, but at a certain point, your business may no longer qualify for a HELOC. That’s when you start leveraging equity with multiple position liens.

Condos are always attractive to new investors, but most of the time, the HOA fees make your potential cash flow disappear. We’re buy and hold investors and condos aren’t really a feasible hold strategy, unless you own 51%--effectively mitigating some of the risk from a special assessment.