Rental arbitrage with AirBNB is a very risky business model. These are the huge problems that come with using other people’s assets as a business.
There is a difference between the Internal Rate of Return (IRR) and the Rate of Return. To help you understand how they differ, let’s imagine two situations: one defines the Rate of Return, and the other explains the Internal Rate
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
Buying your first rental property can be scary, exciting, and crazy! Here are the steps you need to successfully buy your first income property. For a beginner, who has just started to think about investing in real estate, you might
Typically, it’s hard enough to get a mortgage approved. There’s a lot of process to get done, and lenders are often strict with their terms and requirements. The work would be heavier if you were to purchase more than one
When you browse through listings on sites, you may have noticed some properties labeled as “contingent.” Does this mean that the house isn’t up for offers any more, or does this indicate that the property is reserved for a certain
Today we are going to be looking at the mistakes beginning investors, and sometimes seasoned investors, make. It is almost impossible to lose money in this business, if you do it right. There are plenty of ways to do it
Seriously, Homeowners Associations Fees can be super annoying. Here is what you need to know about HOA’s and the fees/fines they charge you.
Your business is only as good as the people you have running it. Once you find a good Property Manager, you keep them as long as you can. In order to have a good rental business that runs with or without you, you need to have good people running it and your Property Manager is the one who…
You have finally found your dream house, but upon visiting it, you noticed that you can only access it via the driveway that crosses the property of the neighbor. Will the driveway affect your purchase? A cable TV company needs
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.
Single family home rentals are the best way to start investing in real estate. Also, they are the best way to grow your business so you can quit your job.
My review and summary of the book “Cashflow Quadrant”. In “Cashflow Quadrant” Kiyosaki teaches the four ways people make money: Employee, Sole Proprietor, Business Owner, and Investor. In this review, you will learn the key points to the book and which quadrant you want to be in to quit your job with passive income ideas.
Protecting your real estate investing business is absolutely vital to securing the future of the business. If you wait until you are being sued to worry about asset protection, you are already too late. On today’s show, I am talking
Being a real estate investor, I have bought and sold many properties. The one that I am most proud of is my personal residence that I sold in 2017 and did it all myself WITHOUT a realtor. By selling my
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.
Today, there are a lot of places claiming to be the next hot spot or the next big thing when it comes to rental properties. The best places have properties that make passive income from rents every month. These are the places where you can get passive income
As you are learning how to invest in real estate, I want you to understand that it is not as hard as you might think. Once you get past the fear of investing in real estate, the process becomes much
When I was in high school, I learned how to build a house. Seriously… I worked for my dads construction company and worked every summer for the business. Here’s the thing. If I could learn how to build a house
There are some good investments that only Accredited Investors get to invest in. Multi-family apartments syndication’s, certain companies unregulated by…