Blog

Hello WREN community and WREN members this is Iris Veneracion reporting from the field. I've been on the road at home from a property and want to share with you five tips for better flips! Tip #1 – I want you to understand the contractor trifecta. Imagine a triangle and on the top of the triangle I want you to write down “good” and on the side of the triangle I want you to write down “fast” and on the other…

We want to reach our goals and realize success from our efforts. The good news is that we can achieve what we want, but we have to do a few things first. We begin to grow exponentially when we surround ourselves with people who are rockin’ it in the area we want to rock it in. It starts with a shift in our mindset. And then a shift in whom we choose to hang out with. So what’s all this…

One of the most heavily weighted (if not the most weighted) criteria for qualifying for any full docmortgage is DTI (debt to income ratio) that is monthly debts vs the monthly income we can prove. DTI can be a tricky thing to understand let alone try to quantify from an underwriter’s perspective. So here’s what you need to know. Most mortgages will be based on a 50% max DTI. That’s verifiable monthly income/monthly debt. For W-2 and wage earners the income calc is…

I’ve recently become aware of the Japanese art of Kintsugi, a process of mending broken pottery using gold resin, sometimes referred to mean “golden repair.” In this art form, not only is there no attempt to hide the damaged seam of the broken ceramic, but the repair is literally illuminated with gold. I find the results fascinating and elegant. (Take a look below.)This art form is seen as a metaphor for brokenness and healing—that embracing one’s brokenness and imperfections can…

Become a Cash Queen!  When it comes to making money in real estate investing, there are really only a few (three actually) of ways to do it.  The three reasons to be in real estate are Cash Now, Cash Monthly and Cash Later. Let’s take a closer look at each one of them.  1. CASH NOW  Let’s face it, we need money to live and pay the bills. With out this cash we would have to go back and work for “the man”. …

  When you’re looking at investment properties, you’re definitely looking for those you want to hold onto. In short, you’re always exploring your options. And, boy, when it comes to looking at all the different properties that are available to you in the world there are a whole lot of options to consider!  Buy-and-hold is my favorite strategy for several reasons:  It gives you greater stability. Every month I know the cashflow I’ll be earning per door. If that is a single-family…

I’m still vibrating from the energy generated at Ignite Your Fire Within… and “This girl is on fire…” keeps ringing in my ears! Here is a highlight video of the FIRE🔥 at Ignite!First I’d like to say THANK YOU to all the attendees. I do not take the blessing of your time and attention for granted. THANK YOU for welcoming me into your inbox to share about our Ignite event and more about growing your real estate business.THANK YOU for your smart questions, Instagram and Facebook comments and…

Are you reaching your success goals?If not, why not?The answer may surprise you. You can either learn HOW to do something – or – you can find the right WHO. I know a lot of stuff. Although,I love learning and I’m a lifelong learner what I want is to find people who have already figured it out, and work with them. If you can find the right WHO, they bring the HOW with them. A lot of times people are trying…

If you don’t take anything other than the following statement away from reading this article, take this to heart:  Proximity is power. So, what does proximity have to do with anything?   When you don't know what to do, your life is going off the rails and you're neglecting some area, and you can come to a place, get perspective and see other people doing stuff, it is REALLY valuable. When you put yourself in the same space as successful entrepreneurs and real…