Cash flow is important. We can all agree on that. If you’ve been learning about or involved in real estate investing for any amount of time, you’ve no doubt heard the term. The problem is not everyone can agree on what cash flow really means. The truth? It depends on the investor.
Some believe debt is something to avoid. When considering how people abuse it, I’m tempted to agree. But there’s “bad debt” and “good debt.” Bad debt is any debt on a depreciating item or consumer debt. It stands in stark contrast to good debt, which allows you to leverage income-producing assets and increase wealth.
Trying to impress the world is a trap for 20-somethings. Let go of it in your 30s, and start focusing on your own priorities. You can have any life you want, but if you don’t get intentional about obtaining financial independence, you’ll end up living the same monotonous life. Here are six steps to break that mold.
Most real estate investors are obsessed with finding the next great deal, so much so…
Carefully screening tenants is a must-do for those who are renting out real estate. The importance multiplies when house hacking—especially if you plan to live in the property. These people are going to be your roommate or neighbor! In this article, I am going to run you through how to screen a tenant for a house hack.
It takes a lifetime to build a reputation, and it only takes five minutes to lose it. Here’s how to build—and keep—a stellar reputation.