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Season 1, Episode 13: Why Personal Time Is Important for a Real Estate Investor [Podcast]
April 22, 2015
Listen to the Audio http://andrewcordle.me/wp-content/uploads/2015/04/Podcast-S1E13.mp3Podcast: Play in new window | Download Click here for audio. Watch the Video Click here to watch the video. On this episode of iFlipuFlip I’m going to be talking about personal time and ways that I’ve found to use it to my advantage, as well as how it can benefit your real estate investor career. I’ll be talking about: How, at first, I didn’t fully understand the importance of “quiet time” What happened after I exhausted all of my entertainment options on a flight What I accomplished with a pen and paper The method I used to outline my book How many webinars I created in flight How my planning turned my podcast from concept into reality My weekly training videos for students All of the blogs I wrote on my flight How again, all of this happened on a two and a half hour flight Why everybody needs to carve out personal time, not resort to it “I never found a companion that was so companionable as solitude” -Henry David Thoreau Click To Tweet Binge on All of the Current Episodes! If you want to listen to more episodes, you will find all of the currently released episodes of Season 1 Here. I release both audio and video episodes weekly. Share the Love If you enjoyed this week’s Podcast, please rate it on iTunes and write a brief review. That would help tremendously in getting the word out and raising the visibility of the Podcast. Subscribe to my Podcast ...
read moreHow to Flip a House – Kitchens 2 of 15 (Video)
April 17, 2015
When we’re teaching investors how to flip a house, the importance of the kitchen rehab cannot be stressed enough. Kitchens sell homes! In this video, Andrew shows you how to flip a house and rehab that kitchen so the end result is a top-notch, eye-catching product! Our video library helps any investor learn how to flip a house. In today’s video I’ll be discussing: How to save money on your next flip! Click here to watch the video. Want to learn more? Click here to check out last week’s post! ...
read more4 Free Ways to Screen Your Tenants
April 13, 2015
Tenants are the biggest factors in determining whether your rental property is going to be profitable or not. With the right tenant in the right house, you can run a successful rental operation for a long time. It only takes one bad tenant to run a rental house into the ground. Almost all tenants are good tenants during the “honeymoon” phase when they just start renting. So how do you find responsible to rent your properties? You screen your tenants. Typically background and credit checks are the determining factor in deciding who qualifies to rent your property. However, just because a tenant looks good on paper doesn’t mean they will be a good fit for your rental. What I am offering today are four free ways to screen your tenants that will give you a better idea of who they are. Check their social media Social media is a great way to screen your tenants for free. It’s extremely common for employers to check their potential employee’s Facebook, Twitter and Instagram to gain a better idea of who they are hiring. Using the same strategy to screen your tenants can be very effective. If you view any of their profiles and it looks like they’re living a “frat party every night” kind of lifestyle you might want to consider renting your house to somebody else. Depending on what kind of policies you have for your rentals you should also check for pets. If a tenant submits an application that states that they don’t have pets but their social media accounts are plastered with pet selfies, there may be cause for concern. Use social media to screen your tenants Find out what kind of lifestyle they are living Check that there are no conflicting stories between their application and their social media Analyze their appearance First impressions are important. Often appearance plays a big part in your initial impression of an individual. When you first meet a potential tenant at a property there are a couple of thing you easily look at to determine what kind of tenant they will be. Quickly scan their vehicle. Is it washed? Is the inside filled with trash? How well are they maintaining it? The condition of a car can tell a lot about that person. It shows you how a tenant treats something of their own, and probably how they will treat your property. I know a few people who are neat freaks that have messy vehicles, but most of the time the condition of a car is a reflection of people’s habits. Pay attention to what your potential tenants are wearing. I know you “shouldn’t judge a book by its cover,” but this is an easy way to screen your tenants. Tenants going to look at your property should be treating it like an interview. If somebody shows up in tattered rags and looks like they just rolled out of bed, you may want to screen more tenants. First impressions are lasting, good or bad Scan tenants vehicle for habits Pay attention to how they physically present themselves How do their children act If you show your rental to somebody with kids, pay attention to how the kids behave. I completely...
read moreHow to Flip a House – Kitchens 1 of 15 (Video)
April 10, 2015
When we’re teaching investors how to flip a house, the importance of the kitchen rehab cannot be stressed enough. Kitchens sell homes! In this video, Andrew shows you how to flip a house and rehab that kitchen so the end result is a top-notch, eye-catching product! Our video library helps any investor learn how to flip a house. In today’s video I’ll be discussing: Ways you can increase your cabinet space! Click here to watch the video. Want to learn more? Click here to check out my blog for more information on how to flip houses and more! ...
read moreSeason 1, Episode 12: Where I Find Funding [Podcast]
April 8, 2015
Listen to the Audio http://andrewcordle.me/wp-content/uploads/2015/04/iflipuflip-s1e12.mp3Podcast: Play in new window | Download Click here for audio. Watch the Video Click here to watch the video. Are you a new real estate investor or somebody interested in becoming one? Do you ever wonder where the funding for all of these real estate deals comes from? Today on the iFlipuFlip podcast you’ll hear about: The method many new real estate investors use to fund flips Why you need to have multiple lenders The “what you need where to get it” thought process Why you don’t go to seminars looking for money What a lender convention is 2 of the main lender events How to network at these events The resources used in this episode were: Pitbull Mortgage Conference Aaplonline.org “Networking is an essential part of building wealth” -Armstrong Williams Click To Tweet Binge on All of the Current Episodes! If you want to listen to more episodes, you will find all of the currently released episodes of Season 1 Here. I release both audio and video episodes weekly. Share the Love If you enjoyed this week’s Podcast, please rate it on iTunes and write a brief review. That would help tremendously in getting the word out and raising the visibility of the Podcast. Subscribe to my Podcast ...
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