Archives For Real Estate Investing

Tim Herriage, CEO, 2020 REI Group, headquartered in Dallas, TX, has been accepted into the Forbes Real Estate Council, an invitation-only community for executives in the real estate industry.

Tim joins other Forbes Real Estate Council members, who are hand-selected, to become part of a curated network of successful peers and get access to a variety of exclusive benefits and resources, including the opportunity to submit thought leadership articles and short tips on industry-related topics for publishing on Forbes.com.

Forbes Councils combines an innovative, high-touch approach to community management perfected by the team behind Young Entrepreneur Council (YEC) with the extensive resources and global reach of Forbes. As a result, Forbes Council Continue Reading…

Experience is the best learning tool in my opinion. It has worked really well for me.  The thing I have recently learned (now that I’m almost 40) is experience can also make you very, very, wrong.  I was recently at a group meeting where someone was going on and on about what happened in the past.  I get it.  History repeats itself.  But, does it always?

In this day of innovation and information sharing, is it possible that we may actually not repeat some of our mistakes?  Is it possible in this new global sharing economy that cycles and patterns are changing?  I think so, and if that is the case, leaning on YOUR experience could actually make you very Continue Reading…

OK, it’s 6:00 AM on January 1, 2014, and I’m sitting here in front of a computer.  After a great night with my family setting goals, and reflecting on the past, four hours was about as long as I could sleep.  This morning, I sat down and wrote out my goals, and started to look at them.  It really hit me.  We tend to set some ambitious goals this time of the year, and then we try to do them all at once.  Too often, we do not have the right plan in place, and have not written out our goals AND plans.  When I say write your goals, I do not mean to write a long list of vague ideas.  You see, “get in shape” is not a Continue Reading…

In real estate investing, it is important to understand the difference between trading, and investing.  All too often, the real estate investing industry is viewed as “flippers”.  Not just fix and flip, but wholesaling too.  Although I practice both of those strategies, I know it is not investing, and that is OK.  Investing is putting money (or time) into something, for a long term investing.  Flipping and Continue Reading…