How Retirement Contributions Are Saving One Real Estate Investor $53K in Taxes
Worried about the amount of your income you'll need to pay the IRS? Learn how contributing to retirement accounts can help majorly with your tax bill!
Personal Finance
Strong personal finance and financial literacy lays the groundwork for much investing and business success. Here, you'll find hundreds of articles written by personal finance experts on topics like saving, earning more, and investing. A strong knowledge of personal finance can seriously expedite your real estate investing career. A great credit score, some cash in the bank, and strong stable income can be invaluable assets for those looking to begin or add to their real estate portfolio. For a more in-depth discussion and debate about best practices in personal finance, you may want to check out the Personal Finance Forum.
How to Grow Your IRA From $5,500 to $204,345 With a Single Rental Property
IRAs are an incredible way to build massive wealth over time with real estate. Check out some strategies -- and pitfalls -- here.
Financial Freedom: 14 Steps to Stop Relying on Your 9-5 Job’s Income
Financial freedom. To me, this means having enough money to do what YOU want to do — enough money to live the life you choose, rather than a life of…
How to Be Smart About Credit Card Debt When You Have Student Loans
Living beyond our means is an epidemic in American society today. Excessive debt is a dream killer, and no one wakes up hoping for a future of struggling to make…
How to Achieve Financial Freedom By Calculating Your “Rat Race Number”
Do you dream of quitting your job with real estate and escaping the rate race? If so, you’re not alone. It’s probably the main reason we’re all in real estate.…
5 Ways to Make Enough Side Money to Eventually Quit Your Job
(This post was first published on Entrepreneur.com, but they allowed me to re-publish here on BiggerPockets because they rock!) Nearly everyone dreams of quitting his or her day job, whether it’s tomorrow,…
Can Real Estate Investing Help Me Pay Off $180,000 of Dangerous Debt?
I think we can all agree that too much debt is dangerous, especially when that debt is from student loans. That’s why today I wanted to share the email exchange…
The 4 Pillars of Wealth: How to Retire With More Income Than You Ever Made at Work
So often while at various seminars, conventions, and events, I get asked questions about my basic approach to investing for retirement. It’s a fairly simple philosophy, though often the execution…
Can Buy & Hold Real Estate Fund a Comfortable Retirement? Check Out the Numbers!
I LOVE spreadsheets—lots of information, details flying around everywhere, on everything from expenses to profits. I love detail. The more, the better. We as investors spend a ton of time pouring…
Just a Guessing Game: Should You Be Picking Stocks?
Is there a science to picking stocks? It depends on who you ask. Indeed, almost anyone would tell you that there is a science, but another way to answer that…
5 Ways to Use Real Estate Investing to Teach Your Kids About Finance
It’s never too early to start imparting wise money ways to the next generation. Teaching children about money can be a challenge. Ask me how I know this! I have…
If You Ever Hope to Reach Financial Freedom, Master This Concept
There is one major prerequisite to becoming a successful real estate investor or entrepreneur that any aspiring person must master. That prerequisite is the deferral of gratification. Namely, to live below…
You Should NOT Bank on Your 401k For Retirement. Here’s the Superior Alternative.
Put nine investors in a room, and you’ll generate 10 opinions on the most reliable investment strategy as it relates to creating wealth and/or retirement income. Let’s begin with the…
