Passive income can change your life. It’s how the wealthy continue to get wealthy and are able to pass that wealth down to their families. If you want to quit your j-o-b, that just over broke job, just like I
So, what’s the difference between so-called “good” and “bad” debt? There’s certainly a distinction between the two. In fact, using good debt to invest in real estate is exactly how I became wealthy in the real estate investing. And, I’m
You have surely been told that one of the biggest advantages of a home purchase is that it lets you build equity in the property, and equity can be tapped for different purposes. Maybe you can use it to have
An escrow is a type of financial arrangement wherein a third party is in charge of holding and regulating the payment of funds required for the two involved parties in a particular transaction. With an escrow, transactions are made more
A valuable lesson that helped me become wealthy and have plenty of rental properties is what I am going to share it with you, so you do not have to work a job and become successfully unemployed.
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We have different expenses to worry about in our daily lives. However, most of us don’t put much attention into what we are spending money on and how much we are putting toward those things. While you think it’s wise
One of the major decisions you will need to make in your life is whether to buy a house or rent a place to live in. This will affect not only your monthly income but also your overall lifestyle and
As you go through life, it is likely that both your personal and financial goals are going to evolve and change a lot. However, it doesn’t matter what stage of life you might be in because there is one thing
There is a difference between being wealthy vs rich. In fact, one is MUCH better than the other. You want lasting wealth and riches, you need to choose the right path to financial freedom. I have always wondered what it
Normally, it would take years to pay back a mortgage loan. The longer the loan takes, the larger the interest it will have. While it’s the best decision for people who can’t pay the full purchase price of a property
You don’t have to use you IRA for just stock market investing any more. Did you know you can use your IRA to invest in real estate? You can with a self-directed IRA. Using a Self-directed IRA can be very
Traditionally, retirement savers choose to invest their retirement funds in traditional investments, such as bonds, stocks, mutual funds, etc. However, many are now becoming aware of the fact that it is not the only choice. You can actually use your
Planning to move in or move out of the place you’re living in now, but your date does not fall on the first or last day of the month? You might want to read more about prorated rents and why
I’ve been thinking a lot about what has been going on in the economy right now. We are in the middle of the two-week shut down/self-quarantine that will hopefully stop the spread of COVID-19. This will eventually pass, but I
For many of you who know me, know that I am NOT a numbers person. I hate accounting and love paying my accountant to do the work for me. Even though that is the case, I still need to understand
You can pay off your mortgage early and cut many years off the loan. There are two good ways but 3 very bad and risky ways you should NOT do…
The majority of the people in America live paycheck to paycheck. BUT, if you want to be rich and wealthy, you must invest your money. This is the step-by-step process how to start investing in anything…