Posts by Justin Ford
Partners in Profits: The Best Way to Beat Local Real Estate Bubbles
Many of the most successful real estate investors I know use partnerships to rapidly increase their equity and income. It’s a form of leverage – just like borrowed money on a property that cash flows. With financial leverage, you may pull $10,000 (or less) out of your pocket and control a property worth hundreds of…
Read MoreTreat Your Tenants Like the Important Clients They Are
Good tenants are worth their weight in gold. They not only pay your mortgage, but provide you with spare cash to boot! So choose tenants as carefully as you choose your properties … and then treat them with the same care as you would important clients in any other business. Provide them with a good,…
Read MoreWant Excitement In Your Life?
You can get a good workout on a new treadmill, especially if you set it on an incline. And if you really want a challenge, you can set it on an incline and put it in your 100-degree+ sauna. What? Why would anyone put a treadmill in a sauna? Ask Frank McKinney. That’s where he…
Read MoreHow to Roll Up a $10,000 Investment into a 7-Figure Portfolio
How to move up a $10,000 investment at the residential level up to a top-ranked competitor in the heavyweight division, building a 7-figure portfolio.
Read MoreTeach Your Children Well
You teach your children to brush their teeth three times a day. You teach them good manners so they can get along with people. You teach them to study hard so they can get into good schools and, from there, good careers. And perhaps you teach them other valuable, practical things as well… You may…
Read MoreHow To Put on “Weight” as a Real Estate Investor
In Message #1399, I talked to you about wrestling. I said: “Determination and technique matter first and foremost. You can win against competitors who are far bigger than you but don’t have your technique or drive. But if you want to win the heavyweight crown (where the biggest purses are), you’ll have to compete against…
Read MoreWhat You Can Learn From Wrestling About Real Estate, Part 1
I’ll never forget the first time I saw an Ultimate Fighting Championship (UFC). That’s the no-holds-barred tournament where fighters with different styles meet in a ring. Boxers face off with wrestlers, Thai boxers with Karate-Kas, Savate fighters with Judo or Jiu Jitsu practitioners – and every combination thereof. Some fighters don’t seem to have any…
Read MoreThe Money Men, Part I
“Find the deal . . . and you’ll find the money.” So said Eddie Popkin at the ETR Wealth Building Conference this past October. Eddie is a real estate lawyer and investor. With his partner, he has developed over $500 million worth of residential property using this approach. On my own much humbler scale, I…
Read MoreThe One Common Secret of the Super Rich
It all began with a few tennis lessons . . . Frank McKinney arrived in Florida at the age of 20 with just a few dollars in his pocket. He went to work digging golf-course sand traps for $2 an hour at a local resort. When he learned that a friend was making $40 an…
Read MoreThe Solution to High Gas Prices
You’ve been working hard at a blue-collar job for years and, suddenly, you’ve got a big problem: You just had a heart attack. What do you do now? For Peter P., the answer was real estate. Peter closed his business in New York, sold his house, and headed south with his wife. Instead of getting…
Read MoreAre You Getting Financially Flabby?
“Only those who will risk going too far can possibly find out how far one can go.” – T.S. Eliot “That house would fit into the closet of the house I’m building now.” We were sitting in a car in a low-income neighborhood in Delray Beach, Florida, and Frank McKinney was pointing to a well-kept,…
Read MoreShould You Use Some of Your Home Equity to Launch Your Real-Estate Investing Career?
There’s a big difference between good and bad debt. Bad debt is money borrowed to buy “stuff” that rapidly depreciates in value. Good debt is money borrowed to buy assets that appreciate in value and produce income greater than the carrying cost of the debt. The perfect example of good debt is to tap some…
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