AUTHOR DETAILS
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Tom Olson6 Posts
Tom Olson is the founder of Good Success and CEO of Good Success and the Olson Group Network. He is the author of multiple popular books for real estate investors, including Contingency Planning for Your Small Business During COVID-19, The 30-Day Good Success Journey, Active Turnkey: The Best Way to Buy Rentals, and Investors vs. Contractors. Learn more about Tom and Olson Property Services at OlsonPropertyServices.com or by emailing him at TOlson@GoodSuccess.com.
Rent Moratorium Policies
Today’s Out-of-Control Inflation Could Have Been Avoided By Tom Olson What may have seemed like well-intentioned emergency measures taken during the first two years of the COVID-19 global pandemic are now having unintended consequences. Policies intended to help financially stressed and distressed people access housing have hurt everyone involved in the process of creating, providing, and making use of housing in the United States. These emergency measures played a major
The Massive Potential and Pitfalls in Notes for Self-Directed Investors
2021 May Be the Best Year Yet for Private Lenders…If They Are Careful by Tom Olson When speaking with self-directed investors who are considering acquiring turnkey rentals in their retirement accounts, I always make sure to tell them that a slightly more “creative” option might better suit their needs. Without losing the benefit of holding a real estate-related asset, they can invest with a far greater tax advantage if they
3 Reliable Sources of Information in an Age of Media Bias
The truth about the markets is still out there if you know where to look. Sadly, one of the most significant trends of 2020 will likely fall by the wayside for most people. It will not be discussed on the evening news, and it will not be the subject of dinner-table conversations in the average home. However, this trend has the potential to be devastating for real estate investors and
How the COVID-19 Crisis Continues to Impact Real Estate Investors
The economy is open, but that doesn’t mean we’re “back to normal.” Things have changed dramatically for real estate investors since the start of 2020. In January, real estate investors were still shaking hands with everyone at seminars, slapping each other’s backs at networking events and doing everything they could to “get out there” in competitive housing markets around the country. Now, just six months later, investors are bumping elbows
5 Economic “Side Effects” of the Coronavirus
How you respond to them could mean the difference between the survival or total failure of your business. For real estate investors, COVID-19 hits very close to home. Literally. In some states, investors find themselves in terrible financial danger because they cannot finish their flips, show their properties, rent to new tenants or evict residents delinquent on their rents. In other states, the opposite is happening. Real estate investors are,
The Economic Bubble is Hiding in Plain Sight
Investors, beware and be aware—constriction is coming. We are so far into the longest economic expansion in the history of the U.S. that just about everyone—no matter how bullish on their particular market—is stuck in a waiting pattern. Currently, our economy, our country and, arguably, our housing market are all subject to an array of uncertainties, including: COVID-19 (the novel coronavirus that first appeared in Wuhan, China) and its impact
