Yesterday I took two of my kids with me to look at some deals that are under contract. It was a pretty fun day. They’re always asking what I do all day at work so it was exciting to explain the business. Who knows, maybe they’ll follow in my footsteps someday. One big lesson they
Financing can be one of the most difficult parts of real estate investing. What most people don’t realize is that they have direct access to millions in private money hiding within your probate records. This month I am moving over 2.1 million in probate and trust real estate from a combined listing, and wholesaling transactions.
Last week Elon Musk’s Space X launched the biggest, heaviest rocket that has ever taken flight. I love watching stuff like this – it allows my inner nerd to come out. The launch was immense and impressive. It had 33 Raptor engines pushing it to the sky, although a few of them were damaged during
There’s a mom-and-pop soda shop in Los Angeles called Galco’s Soda Pop Stop. You won’t find any Pepsi or Coke here. They have over 500 varieties of gourmet soda. And business is booming for them. I love visiting places like this – they take a commodity like soda and transform it into an experience. In
Yesterday I took my son, Ernie Jr., to the DMV so he could take his driver’s test. I don’t know how it works where you are, but here in L.A., we had to wait in our car in a long line of cars for Ernie’s turn to take the test. As we were waiting, a
The world’s biggest sports tournament started yesterday. If you’re not a soccer fan, the World Cup tournament happens once every 4 years. The last tournament took place in Russia in 2018. This year’s tournament is taking place in the middle eastern country of Qatar. The biggest news to come out of the tournament’s start yesterday
Thursdays are a busy day for me. In addition to doing my free Probate Essentials Q&A call, I also do a weekly coaching call with my Probate Growth Accelerator group. I love doing that coaching call because I get to work with some super smart, savvy, and motivated investors, brokers, and agents. And I love
On Wednesday, I told you about how knowing the local language helped me close a deal because I spoke the language of the locals. No, it wasn’t because I knew Spanish (which I do) or some other foreign language. Have you ever read the book The Five Love Languages by Gary Chapman? It’s a great
Data is a weird thing. Sure, numbers are numbers, but most of the time you need to do some digging to see the big picture. Have you seen the foreclosure data that was recently released? Foreclosures are up 153% for the first half of this year compared to the same time period last year. 153%
We live in an age of the scam artist. To be fair, the scam artist dates way back. Whether it’s snake oil or extended warranties for your car, or a Nigerian prince promising you piles of money, sleazy people have been taking advantage of the vulnerable for as long as anyone can remember. With the
I was on a coaching call with one of my students yesterday. Adam is a young man just getting started in real estate investing. I love working with students like Adam, because he reminds me of myself when I got started in real estate over 20 years ago. Like Adam, I was very young and
Recently every single property that hits the market has multiple offers and typically every one of these properties goes into escrow way above asking price. I am getting call after call from my students and Probate Leads subscribers all telling me the same thing: they received 20k, 30k, 40k (or even 80k in one instance)
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