Real estate investing is a capital-intensive business. That’s why it’s important to stay on top of budgeting and planning for the costs of each deal so you know what your capabilities are. In addition, you need to be comfortable with leveraging hard money, loans, or other forms of borrowing. Watch this video podcast to understand the importance of money management.
Mike Singletary is an independently owned and operated HomeVestors® franchise owner with businesses in both Austin and Waco, TX. As acting Ad Council President and Development Agent for the Austin area, he has a passion for mentoring new franchise owners. Since joining HomeVestors, he’s gained vast knowledge of new developments, rental portfolios, wholesales, and much more that he shares with his colleagues.
Each franchise office is independently owned and operated.