Oct 29, 2015 | Real Estate
Before you write any contracts to purchase vacation properties, you need to obtain your financing. This will set you up for success in negotiations and give you leverage over other buyers! These 5 financing tips will help. Obtain a pre-approval letter for up to a...
Oct 8, 2015 | Real Estate
When making something as simple as pancakes from scratch, it’s important that the right ingredients are all included in the proper amounts! If you miss an ingredient or add too much or too little of one, those pancakes are not going to turn out right. One...
Oct 1, 2015 | Real Estate
Any good real estate investor knows how important insurance is. Insurance is one of the reasons I think real estate investing is one of the best forms of investing out there! There are five types of insurance that are especially important to know about. Title...
Sep 25, 2015 | Kingdom Impact
During my last trip to Uganda, I worked in some time to interview the people Tricord Global is helping through Glory Bank and GloTrans. Tricord Global is my microfinance non-profit and our goal is to transform the world one village a ta time. I believe that social...
Sep 10, 2015 | Real Estate
Many of you might not know this, but I was reared in a blue-collar home down in Texas. My parents were amazing and I’ll always appreciate the love and training they gave me. My dad worked really hard for us—he worked harder than anyone I knew! And he was able to...
Aug 27, 2015 | Real Estate
That example of 5% appreciation on real estate shows the power of the Law of Leverage as well. Here’s how it works. As a first-time homebuyer in the U.S., you can actually acquire a $100,000 property for $3,000. In some cases, it’s even possible to receive a down...
Aug 20, 2015 | Real Estate
One of the things I love about investing in rental property is the return on investment (ROI). I still remember the first bit of advice I ever received on rental properties and ROI. Becky and I were planning to move and were thinking about transitioning the house to...
Aug 13, 2015 | Real Estate
In my mindset, building wealth should be all about making a difference. And I really prefer real estate investing as the tool to build wealth! The following is an excerpt from my upcoming book on exactly that topic: building wealth for the purpose of making a...
Aug 6, 2015 | Real Estate
“Hi Billy… How do you determine whether a piece of land is worth the asking price? For instance, 2 acres that could possibly be subdivided 3 ways selling for $200,000 in an area where the median income is about $36,000, and is in a great upmarket holiday...