Category: Real Estate
5 Takeaways from “The Multifamily Millionaire part 1”
“The Multifamily Millionaire” by Brandon Turner is one of many BiggerPockets book releases I have read. This book explicitly covers “small” multi-family homes and properties. In this instance, the word “small” means anywhere from 2-20 units. The bank considers any property having 1-4 units as a residential property. Thus, lenders consider a property with over…
Passive Income Living: Overseas vs Homestead vs Small Town
I’ve been on a roll recently preaching about the housing affordability crunch. Owning a home in the US will soon be out of reach for the average person. I wrote three articles in short succession that capture my feelings: Rental Takeover: Have Investors Overtaken Your Neighborhood? On The Sidelines: Will the Housing Market Crash? Home…
On The Sidelines: Will The Housing Market Crash?
2022 has been a roller coaster year thus far. We are five months in, and things are looking crazy, with the future looking like more of the same. If you want to buy a home, should you wait until the housing crash? As investors, we have to make assumptions to continue the planning process. Today,…
5 Takeaways from “How to Start a Worm Farm Business”
“How to Start a Worm Farm Business on a Shoestring Budget” by Stephan Kloppet gives us everything we need to know about worm farming or “vermiculture.” Worms can create many positive environmental resources, including worm casting, worm tea, and compost. Getting started with a worm farm doesn’t cost too much money. You start with 500…
From Dirt to Dividends 5: Use Composting & Dividends ETFs To Supplement Your Homestead
Life is good on our wealthy homestead, so welcome back. Here, we live off the land while becoming rich on dividends. It’s not a bad deal to convert nature into cash flow. This piece is part five of the From Dirt to Dividends series (Part 1, Part 2, Part 3, Part 4). Previously, we have…
Home Buying for the Average Person: The Window is Closing
You will not like this article because it will be a truth pill. I can’t sugarcoat the situation any longer—homeownership for the average person is out of reach. It’s over. Only those people who go above and beyond will be able to afford homes and live the American dream. Let’s be clear; this is also…
From Dirt to Dividends 4: Use Community Farming & Mortgage REITs to Supplement Your Homestead
Just because we are off on our homestead doesn’t mean we have to be alone. In fact, homesteading is all about community and teamwork. Welcome back to the From Dirt to Dividends series (part 1, part 2, part 3), where we discuss moving away while becoming rich. Today, I will explain how we can use…
5 Takeaways from “Composting for Beginners”
“Composting for Beginners” by Bradley Gray is a must-read for us, soon-to-be homestead farmers and gardeners. I’ll admit I tried to create a compost pile a couple of years ago. It went fine, but I should have read this book first. Composting is any organic matter undergoing or that has undergone decomposition or decay. The…
Fundrise vs. USDC: Which Alternative Investment is Worth Your Money?
I am a massive fan of stock market investing for the average person. Investing in the stock market for capital gains, dividends, and income are great ways to build and maintain wealth. However, we shouldn’t tie up all our money in the stock market. When there is a downturn in the stock market, we need…
From Dirt to Dividends 3: Use Insects and Business Development Companies to Supplement Your Homestead
Do you want to spend your retirement in a major metropolitan city with smog, cars, noise, and rude people? I sure as heck don’t. That’s why I am planning my escape from the city now. However, just because I plan to retire to a homestead doesn’t mean that I will be broke. In fact, I…
From Dirt to Dividends 2: Use Livestock and Closed-End Funds to Supplement Your Homestead
Going off-grid is a fantastic accomplishment. However, building a homestead close to the city is just as awesome. You get the benefits of farm living and still have a Wal-Mart nearby. This is part 2 of my Dirt to Dividends series (Part 1), where I discuss growing our farm and retirement nest egg concurrently. Today,…
REITs vs. Homeownership: The Fun of Fundrise
The US housing market is in turmoil. The people who want homes can’t afford to buy one safely. “Safely” means that their total housing costs won’t exceed 30% of their household income. Yes, this pricing dynamic is nothing new. The book “The Two-Income Trap” explicitly tells us that in the 1990s, families were sending mothers…
Rental Takeover: Is Your Neighborhood Being Overtaken by Investors?
I’ve heard about an upcoming “reawakening” in the housing market lately. People blindly look at ridiculous housing prices and sky-high rents and assume a crash is imminent. The great housing bust of 2008 is still in everyone’s mind, and today’s market does look similar—at least on the surface. But are things the same as in…
From Dirt to Dividends: Use Gardening and Preferred Shares to Supplement Your Homestead
Homesteading is about freedom from the world (large) and the daily grind (small). However, there is one thing that we will never be free of—money. Thus, we need to prepare financially before we run off into our homesteading haze. You must be thinking, “what a weird article.” In my last article, “How to Defeat Creator’s…
House Hacking to Financial Independence
I don’t think enough people understand the true power of house hacking. For my part, I attempt to talk about its benefits across most of my articles. But, I will keep trying until more people recognize its life-changing effects. Today, I will continue to beat the drum of house hacking and making money from your…
Real Estate Investing in Your 70s
We are heading into the last leg of our lives, and we should already be rich. Yes, if we have been taking all the proper steps in our personal time, we should have well over $2-4 million in our accounts. We will have helped our children (now in their 40s and 50s) stand up on…
Super-Charged Savings: Save for Your Down Payment Fast!
Saving for the down payment on your first home is one of the most critical goals in your lifetime. Once you have a home, you can parlay the equity into future successes; however, buying your first house is the toughest. With the price of real estate moving upwards of 10% a year, you don’t have…
5 Takeaways from “The House Hacking Strategy”
“The House Hacking Strategy” by Craig Curelop talks about one of my favorite topics—house hacking. Indeed, my wife and I have built a great deal of wealth by house hacking, so it is great to read the “science” behind the magic. There are many ways to house hack, but two of the most popular are…
5 Takeaways from “Apartment Gardening”
“Apartment Gardening” by Garard White presents city-dwellers with the information we need to create a small garden. With inflation over 8%, there has never been a better time to grow your own food. There are other benefits to having a small garden, such as better health, relaxation, soothing work, income, and being productive. You don’t…
Real Estate Investing in Your 60s
I don’t want to be doing much work in my 60s. Hopefully, I retired in my late 40s, enjoyed my 50s, and I can build generational wealth in my 60s. That’s the plan currently. So, we spent our 50s deleveraging our assets and converting them into REITs or other passive real estate securities. In our…
