Owning commercial real estate is a totally different game than residential. Especially when dealing with small businesses. The people that I’ve dealt with are unbelievable. This is one of the many stories. Sometimes I’d get a corporate tenant in one of the commercial spaces and it would be great. I’d receive rent on time every…
Out of all of my properties I maintain minimal leverage. It improves the cash flow and minimizes my stress. A good example of why I don’t have a lot of mortgages is this month. The bi-annual city shakedown happened. In most of the suburbs and now in some cities, the local government will walk in…
I’ve often thought about buying a sub shop or a pizza franchise. I love the food and the ones I eat at always seem busy. Everybody knows their name and brand. It sounds so cool owning a pizza place too, just sounds fun. I looked into buying a pizza franchise that I am very familiar…
Before I invest in a property I consider all of these factors of a potential neighborhood. A neighborhood doesn’t have to have them all but they’re all signs of healthy areas. If you think of all the popular areas of your city they will most like have some of these features if not all. Every…
I met a man at the bank I was working at in 2010 in Ohio. His story helped me realize that smart and calculated growth is critical in the real estate business and the dramatic affect that over leveraging can have on your business. It’s easy to understand why you should take your cues from…
Should I pay off my debt? Or make the monthly payments? I’ve been asked this question a few times, but it’s not that simple there are a lot of factors to consider before making a big payment to crush that debt. Cash flow = debt service. Does your monthly income passive (preferably), and or active…
Silver and gold have obsessive followers and fans. But are they for the right reasons? I see these stackers on YouTube and on blogs. Which I guess means silver collecting and I hope they consider it a collection. Like baseball cards, or old movies and video games. A lot of people buy as a hobby…
