Introduction To IRR

September 2, 2010 · 0 comments

If you’re an investor (whether real estate or some other type), I hope you’ll take the time to read the guest blog post I wrote for BiggerPockets.com today:

Introduction to Internal Rate of Return (IRR)

Every investor — regardless of what they invest in — needs to understand how to calculate their success or failure (hopefully success!) for each individual investment and for their entire portfolio. And no, simple ROI calculations rarely give an accurate assessment of your investment return.

So, take a look at the article, and if you have any questions or want more information, let me know…financial analysis is an important topic that I’m always happy to write about!

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Follow The Offer V

September 1, 2010

A few weeks ago, I wrote several posts about an offer that I had made on an REO property. The goal was to give my readers an idea of the back-and-forth we often have with sellers when negotiating purchases and our thinking throughout the process…
The last update I posted was back on August 12, [...]

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House #14: Update

August 29, 2010

It’s been a while since I’ve given an update on The Pine House…
Last I mentioned, we had a second full-price contract on the house with a buyer who was getting funded through NACA. I’m sure I mentioned it at some point (though I can’t find any posts), but because NACA is so backed up [...]

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House #1: Refinance

August 24, 2010

I gave an update on The Corn House yesterday, and forgot to mention one thing. I’ve had about a bunch of my own cash tied up in this house for the past two years, and without refinancing my cash out (i.e., using some financial leverage), my ROI on that cash investment is ending up [...]

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House #1: Summer Update

August 23, 2010

I’ve had a couple people ask me for an update on The Corn House, and I realized that it’s been a while since I’ve even mentioned it…
My last update was in May, at which point the lease-purchase tenants were making progress on their credit and we were pursuing both FHA and NACA financing for them. [...]

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Lish Staging Launched!

August 18, 2010

If you’ve been following this blog for any period of time, you probably know that my wife handles all of the marketing, sales and staging of our properties. With many years experience managing large marketing teams for Fortune 500 companies, she is by-far the greatest resource our company has. (It’s no coincidence that [...]

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The Highest Compliment

August 17, 2010

My wife and I got paid the highest compliment we could imagine by a buyer today — we got invited to their housewarming party!
The Escher House sold back in May. About a month ago, the buyers had an issue with a soffit that wasn’t sealed properly, causing water to come through the kitchen ceiling [...]

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Puppy Update II

August 13, 2010

For those who were following the story of the puppy we found in the REO property last week, I just wanted to give a quick update…
After nursing the puppy back to health for a few days, my brother found an animal rescue organization that was willing to take him and try to find him a [...]

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Follow The Offer IV

August 12, 2010

I’ve love to say I had a status on the offer we made last week that I’ve been posting about…
But, unfortunately, still no word. We called the listing agent yesterday to ask the status, she said she’d look into it and get right back to us, and then no return phone call. It’s [...]

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Follow The Offer III

August 9, 2010

First, just a reminder that as of last week, I’ve started sending out the 123Flip.com Newsletter. In the next couple weeks, I will be sending everyone who is subscribed to the newsletter a FREE copy of my Multi-Unit Investing Business Plan…so if you haven’t signed up, you can do so here…
Not much to report [...]

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