Are You a Landlord When You Should Be a Bank?
A decade ago, I made a very important decision: I decided to stop being a landlord and start being a bank. “What the heck does one have to do with the other, Toyin?” you may ask. I will tell you.
Six Easy Ways to Make Money in Real Estate (Without Becoming an Agent)
Creative ways to construct real estate deals After more than 25 years in this business, I have learned a thing or two about how to make money in real estate. One thing I have learned is most people have a very limited understanding of the real estate process. So they think there are one or […]
Need Money? Don’t Get a Loan, Buy a House
Is Real Estate the Alternative to Alternative Lenders? If you’re old enough to remember the Great Recession, you, no doubt, have seen the its effects. They may come in the form of more vacant homes on your block or listening to the woes of a friend who has gone unemployed or underemployed for too long. […]
Do You Have a Plan B?
If your employer laid you off at the end of this week, what would you do? What’s your next move? Do you have a plan B in place that will help you fill in the void if your paycheck suddenly stopped coming? “No, no. Toyin, I would just get right out there and pound the […]
How to Get Nothing Less Than Exactly What You Want
Okay, new real estate investors. It’s the middle of the third quarter of 2014 and I’m wondering what goals you set for yourself this year that you have yet to reach. You did set goals, didn’t you? Well, what are they? A stable income? More money? A happy family? More time with your family? Your […]
How to Make $5K on Your Way to Work
Here’s the scenario: It’s early. You are on your way to work at a job you don’t mind doing. You take the same route to work every day and every day you pass by the same homes with the same cars and the same lawn chairs. On your route, there are a handful of houses […]
Real Estate Investment = Problem Solving
The Magic of Real Estate Most real estate investors believe they are in the business of real estate investment, so they refer to themselves as investors. From the outside looking in, all you may see is a guy with deep pockets riding through your neighborhood and snatching up all the empty houses. You may even […]