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Did you just say you are under contract and getting ready to move? Ummm, home ownership and stepping up in life are definitely fun. But moving most certainly is not. Moving is like paying tons of money and ruining your entire weekend (and likely that of a few other people who are obligated to like […]
“Cash flow” is a term that comes up in most conversations on real estate investing—and for good reason. As a landlord, if the rent you charge is significantly higher than your expenses, that difference can not only help you build wealth but can also serve as a potential cash cushion, there to soften the blow […]
Florida’s economy trails only California, Texas and New York as the nation’s largest. Florida is an economic powerhouse. In fact, the Sunshine State has one of the most powerful economies in the world. According to the Florida Chamber Foundation, the state’s gross domestic product, or GDP, reached $1 trillion annually in mid-July. While the U.S. […]
12 Reasons You’re Poor by Mindy Jensen I am a frugal girl. I save on things that don’t matter to me, so I can spend on the things that I want. But not that much matters to me. I don’t care about the label on my clothes, my car doesn’t inspire lust in anyone, and […]
6 Tips to Live on Half Your Income (& Invest the Rest!) by Brian Davis 1. Your monthly budget must be based on four weeks’ pay, not your annual pay divided by 12. Budgets don’t live on paper. They live or die in the real world, based on actual dollars coming in and going out. […]
by Ali Boone Here’s the thing though. Or, here’s some good news at least. Quite often, what investors perceive to be a crucial deal-breaking problem isn’t always that bad. Now, that’s not to say that legitimately bad disasters haven’t happened in real estate — they happen all the time. But at the same time, it’s […]
6 Signs You’re Buying a Bad Deal Finding deals is becoming more and more of a challenge for many real estate investors today. Some seem to be stretching a little too far in order to stay active and keep up their volume. There are deals to be found—just make sure you are watching out for […]
Plan Asset Rules: Read This Before Investing Your Retirement Funds! This article does not constitute legal advice. We recommend you seek the counsel of an attorney familiar with your specific situation and market to ensure you make the best decisions within your real estate business. When it comes to your retirement accounts, you don’t just […]
Are You Cut Out to Succeed in Real Estate? By Engel Rumora For those of you who don’t know me, I want you to know that I’m not the smartest guy out there. I quit school at a very young age so I lack the basic skills that a lot you watching this video right […]
3 Ways to Eliminate Mortgage Debt When I was just starting out, I didn’t have much money to invest or purchase investment properties. And out of that necessity came creativity. This is probably why 100 percent of the properties in my portfolio I’ve accumulated over my career have involved some form of leverage. The shorthand […]