In 2011, I was flipping homes in Las Vegas with decent returns. I enjoyed taking a dilapidated house and giving it a makeover, but more importantly, I enjoyed the profits, which if annualized, could end up somewhere in the 60-70%. I was ready to ramp up deals and become a flipper full time. But in [...]

My father recently went to Australia and met with one of his old friends who had been living in Australia for a couple of decades. His old friend, let’s call him Mr. Chen, in his late fifties, runs a restaurant seven days a week. While Mr. Chen admits it is an extremely unbalanced work life, he [...]

While there are many benefits to real estate, two of the more valuable goals are passive income and appreciation. When it comes to real estate appreciation, if timed right, it can be extremely rewarding. We have seen that back in 2003 to 2005. In some markets today, we are arguably seeing similar rapid rise in [...]

There are so many types of real estate investors out there. There are full time investors, part time investors, rehabbers, buy and hold guys, wholesalers, and the list goes on. With every role comes with different skill sets, demands, capital, time, and challenges. With such a diverse field I see a lot of different guys [...]

I used to think wealthy people do not have debt. If they have so much, why would they ever borrow from anybody? However, the more time I spent working in the real estate business and reading about successful business people, the more I realized debt was one of the more crucial tools to generating wealth. [...]