The time may come in your real estate investing journey when you ask yourself, “Is it time to get into multifamily housing? Am I ready?”Well, that depends on a lot of factors, to say the least. But here are a few thoughts to help you answer this question…The Same ‒ But MORE of the Same…The good news is, in some respects multifamily isn’t completely different from investing in single family residences. It’s kind of the same…You’re looking to provide individuals and families with a place to live.
“How much is my time worth?” That’s a great question we should regularly ask ourselves…It often goes along with questions like “How much time do I spend on a certain type of project?” or “Is there a way I can spend my time more wisely?”If you want to go to the next level with valuing, managing, and “getting the most out of” your time, here’s an important perspective that can open a lot of doors for you:What matters isn’t so much how you spend your time. What matters is how you invest your
Here’s a question: what word is being defined here ‒ “a machine which amplifies an input force to provide a greater output force”?The answer: a lever. A very simple and powerful tool, precisely because it multiplies the force that you apply to it. And, of course, when we use a lever… we call the advantage it gives us leverage.This is a powerful principle when with mechanical objects, but what we’re concerned with here is financial leverage. Specifically, the kind of financial leverage you have