I’ve been blessed to have people in my life who are not only knowledgeable and successful, but are open to sharing their wisdom with me. I consider it a privilege to, as they say – Pay It Forward, and share some of this wisdom with you. In this short video I will let you in […]

“See the sad thing about a guy like you, is in about 50 years you’re gonna start doin’ some thinkin’ on your own and you’re gonna come up with the fact that there are two certainties in life. One, don’t do that. And two, you dropped a hundred and fifty grand on a…education you coulda’ […]

What is the point of having an LLC if it doesn’t do what it is intended to do? And yet so many people mess this up… In today’s article I will outline for you the key rules and concepts to live by relative to your LLC in order to ensure your asset protection plan is […]

There are subjects and talking points in real estate that are easy, such as talking about how much money we can make, or how we are so good at negotiating that we get a steal on every property we buy. Those are easy and engaging topics, but sometimes I feel as though in the heat […]

*Consult legal and tax advice before acting New real estate investors get a ton of different answers – all of the place, when trying to decide which entity structure to use. The problem is that while the vast majority of investors are able to make a choice, they FAIL miserably at observing the formalities which […]

I am excited to feature a guest writer to JustAskBenWhy. Douglas Dowell is an accomplished real estate guy, a fellow writer on BiggerPockets.com, and an all around nice guy! *Consult legal counsel before acting. You’ve got the basics of real estate investing down. You know how to spot a great deal. Now what? Real estate […]

Conceptually, this is one of questions on the minds of a lot of beginners. If you are indeed a newbie in this sport, you must be wondering why people would ever sell for 60 cents on the dollar, and at times for less. I know I struggled with this. It was truly difficult for me […]

Suppose that you own 10 buildings in your portfolio and you have 10 mortgages of $80,000 each for a total mortgage debt of $800,000.  Further, suppose your portfolio generates a total of $3,000/month of cash flow.  If you decide that it’s time to start paying off your mortgages by reinvesting $2,000/month of your cash flow, […]

This sounds like an oxymoron, doesn’t it? Typically we think of being stuck due to being at a dead end with a lack of options. But, in fact too many options can and does often cause confusion and a sort of intellectual paralysis for new real estate investors. Earlier today I had a conversation with […]

Investing is about numbers, and when measuring return on investment (ROI), most of us focus on the math. However, not all math was created equal – some things are less apparent than other. Allow me to illustrate: I purchased a 10-unit apartment building in February of 2013. Without getting into too many specifics, let me […]

Unfortunately for us, so many people today rely on television as their guiding light, their beacon of truth – so to speak.  If it looks easy on TV, well then it must be easy.  Relative to real estate investing, this couldn’t be any more so with regard to a technique we refer to as Flipping.  […]

On Friday, October 12, 2012, CNBC aired a segment entitled: College Costs – the Next Fiscal Cliff?, in which the hosts interviewed Derek Thomson of the Atlantic on the issue of the rising college tuition costs. MSNBC’s The Morning Joe Show aired a similar segment entitled Time’s Focus on Higher Education from their latest issue, in which Time […]

What I have learned through experience, and what I teach, is that purchase price is only one of many negotiable terms which establish the validity of the investment and the magnitude of the investment returns in real estate. What is a real estate deal? It is a meeting of the minds – an agreement which […]

Question – when going into battle, would you rather have one soldier on your side or a thousand? Hopefully you didn’t answer one. Income streams are your soldiers in the battle against the cost of living. Wouldn’t it be better to have several, so that if one soldier goes down, the others will keep your […]