Eric Fernwood

In this article In the last 16+ years, I’ve worked with many investors. Occasionally, I am asked about two or more people pooling their resources to buy properties. This can work, but there is a potential pitfall: assumptions. For example, suppose two friends decide to pool resources and invest together. They have known each other for many years, so

In this article The location (city) where you invest is your most important investment decision, not the properties themselves. Why? The goal of real estate investing is financial independence. But financial independence isn’t just replacing your current income. It’s about having the necessary funds to maintain your present lifestyle throughout your lifetime.  This requires a

In this article My first investment property was a C/D-class multifamily in Houston. I selected it primarily based on perceived cash flow.  According to my calculations, the return on investment (ROI) was between 12% and 14%. And with a multifamily, even if one unit is vacant, I still have cash coming in. How could I

In this article In 2005, I decided to start an investor services business. I reviewed all the popular investing literature. What I found were self-professed experts offering opinions and no processes. As an engineer, opinions hold little value. I shifted my research focus to the commercial sector, where I found rigorous processes that resonated with me. I

In this article The notion that investing in multifamily is always better than investing in single-family is false. The goal of real estate investing isn’t to own a particular type of property but to secure a reliable income. The reliability of this income doesn’t depend on the property type but on the tenant who occupies the property. To show

In this article I often hear new investors ask: “What types of properties are the best? “What should I look for when evaluating rental properties?”  They are starting at the wrong point. As with any major venture, real estate investing starts with clarifying your goal. And every investment decision you make must align with your