We first came across of the concept of wholesaling when we read the book “How to Make Big Money with Small Apartments” by Lance Edwards. It is a very easy to understand book but it introduces various concepts you can get started in real estate, without a lot of upfront capital. Wholesaling is one of…
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Gross Rent Multiplier (GRM)
Gross Rent Multiplier, or GRM, is one of the traditional measurements for real estate investors to evaluate any given opportunity. It is so common that this number is one of the first numbers that almost all real estate agents would provide to their prospective investors. Let’s look at the formula GRM = Sales Price /…
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The Importance of a Website
If you run any type of business, it does not matter whether it is an online business or brick-and-mortar, it does not matter whether it is real estate, investing, or else, you will need an online presence. The easiest way to get started is by launching your own website. Building a website is not rocket…
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The Two Percent (2%) Rule
We have blogged about the 1% rule earlier with the post here. The 2% rule is an extension to the 1% rule, and the intention of the 2% rule is to allow real estate investor to quickly determine if the deal is a potentially good cash flow deal or not. As always, we will first…
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FIRE, Part 2 – Financial Independence with Real Estate
We talked about FIRE as in Financial Independence, Retire Early in a previous blog post (that you can read here). But when it comes to the term of “FIRE,” we also have a slightly different, but playful interpretation of what it means. At DoorInvestor, FIRE also means Financial Independence with Real Estate. It is quite…
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Five Dollars ($5) Real Estate Investment Training Course
Do we at DoorInvestor have the crystal ball to tell if anything is a scam or legit? We do not. But what we believe in, is that all education has a price tag to it. It maybe a price tag of “time investment,” or it maybe a price of “monetary investment,” or it maybe a…
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The One Percent (1%) Rule
The 1% Rule is a handy formula for real estate investor to evaluate the potential profitability of any given deal, without pulling out a calculator or going through a complex financial model. Let’s take a look at the formula itself: Monthly Income / Purchase Price * 100 Here is an example: For an investment property…
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Turnkey Property Investing
If your investment strategy is to be passive, investing in Turnkey Properties is definitely a good method to consider. Until now, the concept of “turnkey property” is still very loosely-defined to something as, “a property that is already rehabbed, has a tenant placed, and cash-flowing.” There are a lot of so-called “turnkey providers” out there,…
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Real Estate Investing as Bird Dog
Bird Dog is an important role in the world of real estate investing. A bird dog is responsible to look for motivated sellers, undervalued deals, and/or local opportunities… etc., even do some initial due diligence, and then turn around and present the deals to potential investors, in exchange for a “finder’s fee.” Here is the…
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Single Family vs. Multi Family
The traditional way of investing in real estate is through single family. In fact, at DoorInvestor, we all have gone through this path of investing at some point in our investment life: Save up for down payment Buy a house and finance with a mortgage Rent the house out and manage the property and tenant…