This week we’ve been reading about the importance of knowing when to hold or sell our investment property. Here’s a great read from Matt Picheny. Reasons to Hold Long-Term Value Most of our parents told us that property is a safe investment. While others might challenge that, there’s no doubt that in the very long term, …
Know When it’s Right to Hold or Sell Your Investment Property (2022) Read More »
Suppose you want to diversify your portfolio and invest in real estate to gain passive income. You can own multiple rental properties and can be commercial property or residential properties. The best part is that it’s legal. Nonetheless, real estate investment can bring enough income and positive cash flow, primarily if you aim to achieve …
Owning Multiple Rental Properties: Important Things to Consider Read More »
Many real estate investors know significant differences between buying a residential property and a commercial one. Both types of investment can be profitable if you do your research and choose the right investment strategy. But they also come with their own set of advantages and disadvantages that make them better or worse choices depending on …
Commercial vs. Residential Real Estate: Which Property is better to Invest in? Read More »
With the pandemic we have recently experienced, many new investors feel uncertain about what asset class is the best way to explore cash flow and boost the net operating income (NOI). It prompts them to seek a stable investment that continuously appreciates its value and generates high returns. There are several different categories of assets …
Multifamily Real Estate Investments: Easy Guide to New Investors Read More »
Real estate closing is not a daily thing. Domestic wires, money orders, and powerful check writing can be first-time investors’ milestones. Domestic wires are not done with a credit card or personal statement. It is best practice to send domestic transfers directly from your bank account. In a real estate syndication, no one wants to …
Real Estate Closing: A Free Guide for Syndicators Read More »
What is a Syndicator? Syndicators are a group of people that join together creating syndications network. They jointly purchase and have the liquidity and net worth to buy an asset. It is not limited to real estate. It can be done with many other things, i.e., Broadway or movie productions. The Key Differences The key …
Best Guide to Syndications: Defining 506(b) and 506(c) Read More »
If you are starting a new business, looking for guidance in running an existing business, need a motivational speaker for your corporate event, or are looking for a role model for personal growth and great success, you have come to the right place. In this article, you’ll get a glimpse of some of the successful …
11 Best Motivation Speakers for You and Your Business Read More »
Are you looking for a mentor to help you navigate your career, business, or personal life? Maybe you’re struggling to figure out how to get the most out of a particular job or how to grow your company. Or perhaps you just want someone to be a role model or who can give you the …
The Value of Mentorship in Boosting Your Career and Business (2022) Read More »
If you are relatively new to the Sumrok Ecosystem, there are typically six roles that must be fulfilled on your GP team (not necessarily by six people but all need to be addressed). Additionally, there is often crossover. For example, typically, everyone raises, but some are more connected to be able to raise more and …
What if I told you that the key to being a great leader is not about how much you know or how much experience you have—it’s about who you know and how you deal with them? I will describe relational leadership in this article and discuss its five components. What is Relational Leadership? The relational …
What is Relational Leadership and its 5 Components? Read More »
You can’t succeed in the real estate business without a solid foundation of knowledge and experience. Luckily, there are plenty of books out there that can help you get started in your investment career. Here is my favorite list of books: 1. The Millionaire Real Estate Investor by Gary Keller Real estate investing is a …
11 Best Real Estate Books for Aspiring Investors and Agents Read More »
Real estate is a multifaceted industry, and there are a lot of factors to consider when deciding where to invest. Every market is different and has its unique advantages and drawbacks. But everyone can agree that the real estate market is constantly changing, and you need to stay ahead of the curve. With the real …
How to Pick the Best Performing Market Before Anyone Else Does – 6 Takeaways Read More »
Introduction A property manager is one of the most sought real estate professionals. Their job is to ensure that the property you own or rent is taken care of. They do this by providing that the maintenance workers are doing their jobs, dealing with tenant issues, monitoring the expiration dates of leases, and maintenance requests, …
Here are the 7 Qualities of Effective Property Managers Read More »
Introduction Being a private chef is a fascinating profession. You get to meet new people and learn something new. You may also get the chance to work with some of the best ingredients in the world and improve people’s lives by adding more flavor to their meals. I’ve been a private chef for several years …
What is Liquidity? Liquidity is an essential factor in the valuation of an asset. It is the measure with which a business or individual can convert their assets into cash. For businesses, this is important because they need to be able to turn their assets into cash as needed for operating expenses, maintenance, salaries, and …
Liquid vs. Illiquid Assets: A Simple Guide for New Investors (2022) Read More »
