I’m a huge fan of quotes for motivation! I have quotes everywhere from my bathroom and bedroom to my car and my office. I compiled a list for my...
Read more »I am a huge follower of Warren Buffett. I’ve been reading his shareholder letters since I was 12. “If I could buy a couple of them at distressed prices and find renters, it’s...
Read more »This is far from my normal day-to-day underwriting, but I thought my readers would find this deal very interesting. Because I am both an underwriter and a real estate investor, some...
Read more »Is tax free real estate investing possible? Tax-time is the least favorite time of the year. Truth be told I had a big tax bill that was pretty unexpected. This caused me to go over my taxes multiple times with my CPA. Do you know what the one thing I did right was? Giving. That’s […]
Top Real Estate Podcast ranked in no particular order. I commute about an hour a day. Additionally, I make several road trips during the day for client meetings. All of this means I am basically a real estate podcast expert! Below are list of my favorite podcast with my favorite episode: Bigger Pockets http://www.biggerpockets.com/renewsblog/category/podcast/ I had […]
Monopoly can end up being a violent sport. Let me explain. After about 6 months of dating I knew I was going to marry my wife. She wanted to do a double-date with this other couple, the guy was into investing in real estate. Mind you, the other couple was from church and was also […]
I can’t believe that I’ve owned rental property for 10 years now! Overall, I love rental property because its great for long-term wealth. But if I had to start my rental property business all over again, I would have done things differently. Why? Because I’ve learned a lot over the years. Sadly, I don’t have a […]
As with many other aspects of life – the real estate business can be a real jungle to maneuver. For many of us, it’s exceedingly easy to lose focus, make bad decisions and get sidetracked along the way (often times, without even knowing it). This past week, I’ve been asking some of my friends in the […]
Obviously the vast majority of this book is on automizing your life so you are more productive. However, you don’t want to “automize” yourself at the expense of security. As they say it’s better to be effective than efficient. First let me start by saying that I value security to the upmost. I work […]
Landlording on Auto-Pilot: A Simple, No-Brainer System for Higher Profits and Fewer Headaches Recently I was in Louisville, KY for a great mixture of business and pleasure. On the business side, I was looking at a triplex and interviewing Mike Butler, the author of: Landlording on Autopilot. On the pleasure side, I was there […]
This post is a part my Construction Loan Series. The other post in this series are: Construction Loan Infographic How Does A Construction Loan Work Obviously different banks and lending institutions have different construction loan requirements. Therefore, you should at minimum talk to three different lenders about what their requirements are and what the range […]
How Do Construction Loans Work – Construction Draw Schedule In my experience, everybody wants to know: “How Do Construction Loans Work” – the most important part of the answer is the construction loan draw schedule. In our prior post we talked about how exactly a construction loan works. On this post we are going to […]
I’m not sure exactly why but I love twitter! I love that it’s easy, instant news. Anyway, I’ve compiled a list of Twitter accounts to follow. I don’t have an account for Real Estate Finance HQ, but I would love it if you followed my personal twitter account: @jimmymoncrief 1. @InmanNews The official Twitter account […]
