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On August 27, 1859, near Titusville, Pennsylvania, American railroad conductor and entrepreneur Edwin Drake drilled the first commercial oil well. That moment in history sparked an industrial revolution that forever changed the U.S. economy, standard of living, and culture. Today, oil is the only commodity in the world that’s used in every sector of the […]
There’s no time to delay in getting your diversification plan
I’ve written before about real estate investors emailing or approaching me at conferences to question my position on the definition of a truly diversified real estate portfolio. Usually, they’re newer investors who haven’t seen the stock market or whatever type of investing it is that they focus on do what all types of investments do […]
Leverage is the Holy Grail for just-getting-started real estate investors in the United States. A mega-industry has developed around no-money-down gurus and their systems. I bought the program of one of the best known of these guys, Carlton Sheets, more than 20 years ago when I was getting started at this myself. Indeed, I followed […]