Field notes
Who’s Right: Dave Ramsey or Robert Kiyosaki?
There is a lot of discussion in the real estate investing world about the teachings of Dave Ramsey and Robert Kiyosaki– and who is correct in achieving financial freedom. Research is one of the first things you do when you start your journey to financial freedom. Google, youtube, pick up some books and start reading, […]
4 min readHow to Buy an Apartment Complex or Mobile Home Community with ZERO Money Down
Who in your inner circle–your family, your close friends, your 1st cousins, parents, grandparents, aunts, uncles, high school buddies, etc– knows EXACTLY what you’re doing in real estate investing? Hopefully, you can say with confidence: all or most–but realistically, very few or none of those individuals know what you’re doing in real estate investing. It’s […]
3 min readShort Blog: 1099s Explained
Written by: NCH If you’re self-employed, or if you’re paying someone that’s self-employed, you need to be aware of the rules for issuing 1099’s. The IRS has established guidelines for reporting various income that is not reported on the standard W2 Forms. There are 21 different 1099’s that can be used depending on what needs […]
2 min readThe Suite of Awesome Software I Currently Use for Commercial & Multifamily Investing
InvestNext If you are raising capital for a deal, having an investor portal will make tracking investor cash, communicating with investors during and post-closing, and organizing legal and tax documents 100x easier than your own excel spreadsheet. Ha! So, this first one matters less if you are putting together a Joint Venture (JV) type of […]
5 min readMobile Home Parks & Property Management: Proven Ways to Decide Who Will Manage Your Asset
So, you bought this nice (or maybe not so nice) little mobile home park. You’re excited. You know there’s a ton of potential and plenty of value and equity to build into this asset over the next couple of years, but who will manage this whole operation daily? I have a full-time job! Actually, YOU […]
3 min readThe 3 Quickest & Easiest Credit Card Hacks
So you can not only use credit cards to leverage bonus rewards, but to increase your credit score above 800 and keep it that way! Disclosure: this is not financial advice! I will be offering insight from my research and personal experience. Some of the recommendations I make might in fact HURT you if you […]
4 min readHow to Buy Real Estate in a Hot Market
The past couple of years have had their ups and downs; some would say more downs than ups. A pandemic has swept the world, and we are still working through it, but I know the market caught a lot of people by surprise. The real estate market, I believe, did the complete opposite of what […]
3 min readThe Top 3 Major Mistakes to Avoid When Raising Capital for Multifamily Syndication Deals
Here are the top 3 mistakes you need to avoid when raising capital for multifamily syndication deals. Mistake #1: Raising Money Only When You Have a Deal We just had another conversations about this in our Multifamily Mastermind… Always be raising! How? What does that mean? If you get access to a great deal, but […]
5 min readHow to Structure your Awesome Multifamily Investing Team: Step by Step
Here we go… a no stings attached, step by step process to help you build a rockstar commercial and multifamily investing team! #1 – Get to expert status Always be learning, always be studying, always be curious, always be a student of the industry and of personal and professional development. #2 – Put yourself in […]
2 min readUmbrella Insurance Policies: Do You Need One?
There’s been some discussion about umbrella insurance policies in the ADPI Facebook group, but many people don’t realize that an umbrella policy exists or is a viable option. Let’s discuss the advantages of these policies and how you can determine whether you need one. What is an Umbrella Insurance Policy? For this article, we’ll focus […]
4 min readUltimate VA Home Loan Guide
Table of Contents As you dive into reading this guide, please understand that the intent is different from any other article, post or blog about the Veterans Administration (VA) Loan that you have read. This is not simply another tool to teach you about buying a home with this amazing loan product. The Active Duty […]
22 min readHow I Became a Homeowner at 19 Years Old
Written by: Hayden Eastwood Like many of my peers, I grew up hearing that to be successful, you have to get straight A’s, go to college, and get a good job. My older brother is a dentist– and my sister is an anesthesiologist, so I guess the college thing worked out for them. Not for […]
5 min read