5 Takeaways from “Real Estate Note Investing”
Investing in real estate notes could be your path to financial freedom. In the book “Real Estate Note Investing,” author Dave Van Horn walks us through all the trial and error that lead him to real estate note investing. He starts by explaining how he used credit cards and home equity loans to invest in…
Do What You Love -OR- Love What You Do
Can your job make you happy? Are you happy doing your job? These slight turns of phrases may seem small, but they go much deeper into your psyche. Many people spend years chasing their passions, only never to find what it truly is. Others take a job for the benefit of their families and love…
Advertising 101: Using the Fear Factor
Every business needs an advertising strategy. Business income is one of our four pillars of Retirement 4-50. As we begin our journeys to Financial Freedom- business, marketing, advertising, and automation are all words that we will need to research and learn. I never thought about advertising until I read the book “Ca$hvertising” recently. Ever since…
Maximum Leverage 2: Buy Homes with Nothing Out-Of-Pocket
We are back to buy even more homes with no money down. In Maximum Leverage 1, we covered how to use different types of loans to prevent paying a down payment. However, what if paying a down payment cannot be avoided? How can we leverage other’s people money (OPM) or our equity to pay zero…
Preferred Shares 101: Getting Started with Preferred Shares
Does the stock market overwhelm you? Do you want a more predictable way to invest in stocks? I could have the answer for you- Preferred Stocks. Once you understand the basics of preferred shares, investing will hook you. The hardest part of investing in preferred shares is finding them. In “Stock Market Investing 106: High-Yield…
The Invisible Budget
Dang! Where did all my money go? Have you ever wondered this before? I call this the phenomenon of the invisible budget. Today, I will review the invisible budget and how to lessen its effect on your lifestyle. That’s right; you will not be able to defeat it. The invisible budget is also called “the…
The Road to Wealth: Where Will You Stop?
I’m getting old- which can be a good thing or a bad thing. I tend to look at it positively because with age comes experience. I am at the age now where my decisions, and those around me, are starting to bear fruit. In the world of relationships, those who got married and had kids…
Our Most Stressful Moments as HomeOwners
Owning a home can be frustrating sometimes. Owning multiple homes can multiply these frustrations as well. However, many people fear these stressful situations, preventing them from buying a house or a rental property. Getting involved in real estate is one of the most accessible wealth generators that ordinary people can participate in- for wealth creation.…
Stock Market Investing 106: High-Yield Alternative Investments
We have learned a lot throughout the Stock Market Investing Series (101, 102, 103, 104, 105). We went from the basics of capital appreciation and dividend growth investing methods to how to reach our passive income goals. Now, we can get into some of the more in-depth yield-producing securities. First, I will review some of…
Cash Flow 104: Create Your Long-Term Strategy
Throughout the Cash Flow Series (101, 102, 103), we have explored how to turn our dream retirement into a cash flow reality. Now, it is time to take our first real steps into creating and starting our plan. It is through these small steps that we will walk along the path of financial freedom. The…
Scarcity vs Abundance
What the world offers us is all a derivative of how we view the world. Our perspective shapes how the world treats us. I know that this will not ring true for many- but, some people can grab whatever they want from this world. These beliefs start to form during childhood and are extremely hard…
Start a Luxury Vehicle Business
We all love nice things. We enjoy the excitement of new vehicles breaking up our mundane lives. However, when the excitement wears off, we are left with substantial loan notes that can take years to pay off. In “Taxes 102: The Business Mindset,” I covered some ways to offset this financial burden by having our…
The Advantages of Adult Children Living at Home part I
“At 18 years old, you’re out of the house!” is something I heard a lot growing up. My parents weren’t trying to be mean, but this is what most American families preach to their children. Being 18 years old and graduating high school signifies the passage of becoming an adult. And sure enough, I left…
Investing for Dividends 103: The Magic of Re-Investing
The greatest enjoyment of dividend investing is receiving little tiny paychecks throughout the month- it is magical. There is nothing like waking up to find some new money in your account. However, when you reinvest your dividends, some of that fun is taken away, at least for the time being. But, to answer the question,…
Scenario 2: $30,000/month Cash Flow Retirement
Wow, it’s been almost three months since my last cash flow retirement article. I have probably written 200 articles since then- time flies when you are writing. For this installment, we are going for big money, over $30,000 a month. Back Story. Alex and Claire have been married for over 25 years. They are retiring…
Success is a Habit: What is Your Daily Routine?
Not much truly separates the poor from the rich. Yes, many rich are born with privilege, giving them a big head start in life. But most millionaires are self-made. Being self-made means that they began as poor or middle class and created additional wealth for themselves. But what separates those few from the many that…
Start a Home Business
Your retirement is approaching soon. Even if you are 25 years old, you could be less than ten years away from retirement- if done correctly. To become financially independent and retire early (F.I.R.E.), you will have to use the four pillars of the 4-50 Retirement plan- retirement income, investment income, rental income, and business income.…
Buy Land, Start Farm
Part of my self-imposed mission statement is to provide money-making ideas to anyone who wants to listen. Some of these ideas will be more explored than others. I feel that the less explored ideas have the potential to become more financially fruitful than the others. One of the ideas I discussed in “Become a Land…