4 “Real Estate” Side Income Streams to Sustain You As You Pursue Investing Full Time
Last week I wrote a post on 4 side income streams to sustain you as you pursue real estate investing full time. The response was great and I realized that…
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.
4 Depreciation Tax Mistakes Investors Need to Avoid
If you are someone who invests in long term rentals, you probably already know how depreciation can be your best friend when it comes to paying less taxes. What you…
How Real Estate Empowered Me to Buy a Lamborghini (And What It Means for YOU!)
I like to write about real estate investing, but I also like to write about goals, self-improvement and being awesome. I’m sitting here, right now, writing this article at my…
The 7 Things to Know When Using A Self-Directed IRA For Investing In Real Estate
Real estate investing is an excellent means of diversifying your funds and can be accomplished through a self-directed IRA (SDIRA). There are several big pitfalls that investors can succumb to…
Don’t Forget To Budget For These 3 Overlooked Expenses
I’ve seen many different spreadsheets and pro-formas over the years, calculating potential return on investment for a given rental real estate investment. It’s not uncommon to find wholesalers inflating returns…
How to Structure Your Capital Investment Vehicle When Raising Money
“Mo Money, Mo Problems” as The Notorious B.I.G. says in his now famous song. The “Mo Problem” arises around the question on how to structure an investment vehicle to take in…
The Best Retirement Plans for Investors: The Battle Between the Solo(k) and IRA
There has been a lot of buzz in the real estate community about some of the benefits of “QRPs.” What exactly are QRPs? Do these benefits really exist? Or is…
How to “Really” Enjoy Your Retirement – And Why Most Americans Won’t
This is very personal to me. In large part, the last three years have been spent addressing the problem we all see with Boomers, which is their horrible track record…
Gaining Financial Freedom is Easier than You Think
It’s what we all want, right? Of course, “freedom” can mean different things to different people, but I would say a general definition of financial freedom is: Not having to…
4 Ways To Build Your Credit Score Today (Without Spending Any Extra Time)
As a commercial real estate and corporate underwriter, I have a very different view of credit scores than most. A simple score that gives no credence to an individuals income,…
6 Do’s and Don’ts of Self-Directed Retirement Investing
If you have taxes due for the September or October 15th deadline, you may want to work with your tax advisor to find ways to pay towards your retirement account…
Good Versus Bad Debt? I Don’t Care When Investing
Recently, I wrote about what I think is a common misconception, in that a long-term rental must meet the 2% rule to be a good investment. I think another misconception…
STOP! Don’t Cut Up Your Credit Cards if You Care About Your Credit
Before you cut up your credit cards in an attempt to curb spending, or purge old accounts, stop and consider the consequences. It seems rational to close off old credit…
