Assembling Your Real Estate Dream Team

Assembling Your Real Estate Dream Team: Navigating the Seas of Investment Investing in real estate is like being the captain of a ship on a long sea journey. Every crew member plays a crucial role, ensuring smooth and successful operations. Here's a closer look at your essential crew members, each pivotal in navigating the unpredictable waters of real estate investment: Real Estate Attorney Your attorney acts as the ship's navigator, using their legal knowledge to steer you away from potential hazards like litigation and regulatory issues. They provide expert guidance, helping you safely navigate through complex ...

Cash Flow for Early Retirement

The number of cash-flowing properties needed to retire early depends on various factors, including your desired lifestyle, financial goals, expenses, investment strategy, and market conditions. Here are some considerations to help you determine how many properties you might need: Income Requirement: Calculate your desired annual income in retirement, taking into account your living expenses, healthcare costs, travel, and other discretionary spending. Consider factors such as inflation and potential changes in lifestyle over time. Cash Flow per Property: Determine the average cash flow generated by each investment property after accounting for expenses such as mortgage payments, property ...

Working With Contractors

Working effectively with contractors and subcontractors is crucial for ensuring that construction or renovation projects are completed on time and to your desired standards. Here are some strategies to help you manage contractors and subcontractors and keep your rehab projects on track: Clear Communication Establish open and transparent communication channels from the beginning of the project. Clearly articulate your expectations, project timelines, budget constraints, and quality standards. Encourage contractors and subcontractors to communicate any issues or concerns promptly to avoid delays.. Detailed Contracts Create comprehensive contracts that outline the scope of work, project milestones, payment terms, ...

Education + Action: The True Path to Creating Wealth

People are inundated with so many ideas today about building wealth.   It seems every influencer on YouTube and TikTok have a new side-hustle or online course for you to purchase and pursue. But what, really, is the best way to build wealth today? There's no one answer, as there are many paths to pursue. But something that remains consistent (or inconsistent) is an individual's ability to learn and take action. In this post, we'll explore what it takes to take your life to the next level and how to get "unstuck" if you just don't know ...

By |2022-05-03T08:04:49-07:00April 25th, 2022|Getting Started, Personal Growth, Success Mindset|

Multiple Streams of Income: Cashflow Your Way to a River of Wealth

One of the core ideas when we created the Lee Arnold System was that success in real estate investing does not come from one source: not from one source of income, not from one type of property, and not from one strategy of investing. Having multiple streams of income is an imperative in the creation of real wealth in real estate investing.

By |2021-09-10T19:16:31-07:00October 2nd, 2019|Entrepreneurship, Personal Growth, Wealth|

This Formula Turns A Minimum Wage Job Into 7+ Figures

Use This Formula to Generate Wealth In Real Estate My employees and clients are highly familiar with this formula. I’ve seen great successes and failures all having to do with who adhered to the formula’s rules. The formula is pretty simple, but in a nutshell, the most powerful force in helping you achieve wealth through real estate. …

By |2022-02-22T15:13:11-08:00May 31st, 2019|Personal Growth, Success Mindset, Wealth|