Screening tenants and running a credit check is vital to being successful in your real estate business. Without properly screening your tenants, you will possibly run into issues, problems, evictions, etc. with the tenant you place. You may even lose money because of all the costs involved with having bad tenants.
Planning for your future income, expenses, and emergencies just might be what saves you from closing down your business in the end. The best time to plan for hard times is when things are going well. It is already too late to plan once things are going bad for you and your business. Learn from my mistakes and plan ahead.
Did you know there is a way to tell if a rental property is worth investing in only 5 seconds? I show you how you can make a 5 second decision to analyze a rental property to see if it is a good investment for passive income ideas.
Do you know how to handle your property manager properly? Do you know how to treat your rental property as a business or do you let your property manager manage you? In this post we will go over how to treat your business as a business.
Investing in rental properties is one of the best passive income ideas for you to make money. See how I quit my job with rental properties and how you can too! This is the second part to the mini course on Making Money with Rental Properties.
This mini course will take you through the process of making money with rental properties. I will show you how I quit my job with these passive income ideas and how you can too!
Many people invest their money in an IRA (individual retirement account) and do not really look into all the problems associated with them. IRA’s are a hands off approach to investing, basically giving your money to someone else to manage and hope the stock market goes up and increase the value of the shares you purchased. See how many problems are waiting for you with your IRA
Rich Dad Poor Dad was written by Robert Kiyosaki and was the inspiration for me to invest in passive income ideas so I can quit my job and never work for somebody else again. This summary and review is intended to help you to understand the financial lessons that helped me on my journey to financial freedom.
There are 5 things you must do to gain financial independence. Following these tips is not as easy as they sound. Most people can follow them for a few days or weeks, but then give up when it starts getting hard or life hits them. That is exactly the time they should dig deep and push through it.
The actions of the Fed, with its crazy low interest rate and the printing of money, can be both good and bad depending on how you use credit and money. Learn how it will affect you and your investing in a good and possibly bad way.