Category: Real Estate
Read These 10 Books BEFORE Buying a House
If I had to redo my first home-buying experience back in 2008, I wouldn’t change anything. However, I would have taken the time to read exactly what I was getting us into during the process. I, of course, read multiple articles online about the home buying process, but nothing about being a real estate investor.…
Become a Real Estate Investor BEFORE Buying Your First House
Please don’t make the same mistake that I did. Buying a home is a fantastic experience, one that can sometimes become emotional (because of your significant other). Do not buy a home unless you have the mindset of an investor! I will quickly walk you through how we purchased our three homes, all with different…
Intro to REITs V: Fundrise vs. REIT Stocks
Having a backup is necessary if we want to prevent disaster. This mindset also applies to our investments in the stock market. We like to diversify our stock portfolio to ensure we hedge against possible downturns. However, it is also a great idea to diversify our portfolio to assets that are not on the stock…
Become a Bonafide Real Estate Investor II: Understanding Cash on Cash Return
The world of real estate has a lot of rules and calculations to use on your way to investing success. However, knowing to regard or disregard these calculations will give you the most opportunities moving forward. Welcome back to the Become a Bonafide Real Estate Investor Series (Part 1). Here, we attempt to learn as…
RE Lifestyles 3: Renovate & Rent VS. Fix & Flip
So you find a distressed property at a great deal, what do you do? You can buy it, renovate it, and then keep it as a rental. Or, you can buy it, renovate it, and sell it at the increased value. There are pros and cons to both techniques; you’ll just have to figure out…
5 Takeaways from “How to Invest in a Mobile Home Park”
“How to Invest in a Mobile Home Park” by David Rousher guides us on how to invest in mobile home parks. Duh. What’s not so obvious is why you would want to invest in a mobile home park. Many of us want to retire and still have income, and owning a mobile home park may…
The Magic of House Hacking
So you want to be a millionaire? Most of us will never accomplish this status, not because it is difficult to achieve, but because we don’t want to sacrifice. Yes, most self-made millionaires had to sacrifice something to achieve wealth. Many wealth generators can make us millionaires. I use the military as my wealth generator,…
RE Lifestyles 2: Investor vs. Lender
Investing in real estate is one of the fastest and easiest ways to grow your wealth. One of the main contributing factors to the speed of wealth creation is the use of leverage. Leverage is the ability to use OPM or Other People’s Money. There are two sides to leverage—the investor who asks for the…
5 Takeaways from “How to Start, Run, and Grow an RV Park, RV Resort, and Campground Business”
“How to Start, Run, and Grow an RV Park, RV Resort, and Campground Business” by Jack Wendling is a deep-dive into the world of owning an RV Park. I don’t have any plans to own an RV Park at the moment, but who knows what the future will bring. There is a lot to owning…
RE Lifestyles 1: Rentals vs. REITs
No matter how you feel about real estate, it is the best wealth generator for the average person. However, there are multiple ways to get involved with real estate; we just need to find the ones that suit our tastes best. Today, I begin the Real Estate Lifestyles series, comparing real estate versus other professions…
Should You Manage Your Own Rental Properties?
Life is too short to do things we do not love—and nobody loves managing rental properties. We can clear the air right now and be completely honest with ourselves. As much as we disdain managing properties, rental income is one of the best sources of wealth on the road to retirement. So how do we…
Real Estate is a Mindset (Advanced)
So you want to be a real estate investor, huh? The thing that makes you a real estate investor versus a homebuyer is your mentality. Investors realize that real estate is just another asset class, like cryptocurrencies, commodities, stocks, and business. Knowing that real estate is a means to an end lets investors make business-based…
5 Takeaways from “Buy, Rehab, Rent, Refinance, Repeat”
“Buy, Rehab, Rent, Refinance, Repeat” by David Greene is probably the best book I have read outside of Robert Kiyosaki’s collection. It kept me on the edge of my seat for the entire 300+ page book. No, it’s not a mystery; it is just a combination of investing, business, real estate, and talent management. Of…
Real Estate is a Mindset (Intermediate)
My wife and I just returned from looking at a new mobile home to put on our 3 acres in Florida. We looked at a few mobile homes, and they would all serve our needs well. Then we talked about the purpose of buying this home. Is it just going to be rental for the…
Art Edition: The Biggest Book on Passive Income Ever!
Art & Links to all 312 Chapters in “The Biggest Book on Passive Income Ever!” Amazon charges me for the size of the book—thus the ebook edition is $15. If you prefer that version, you can buy it here. Enjoy! MILITARY FAMILY INVESTING www.militaryfamilyinvesting.com The Biggest Book on Passive Income Ever! 320 Chapters and 1,200…
Real Estate is a Mindset (Beginner)
How can some people build a rental empire of 100s of homes while others struggle to keep one home for themselves? Why do some people buy and sell homes like trading cards while others keep their homes forever? The answer is simple—real estate is a mindset. Real estate is the best wealth generation tool available,…
Web Edition: The Biggest Book on Passive Income Ever!
Links to all 312 Chapters in “The Biggest Book on Passive Income Ever!” Amazon charges me for the size of the book—thus the ebook edition is $15. If you prefer that version, you can buy it here. Enjoy! MILITARY FAMILY INVESTING www.militaryfamilyinvesting.com 00 INTRODUCTION 00 000 The Biggest Book on Passive Income Ever! 01 FINANCIAL…
Become A Bonafide Real Estate Investor part I: The 1% Rule
Man, do I love starting and completing series. Welcome to the Become a Bonafide Real Estate Investor series, where we will cover some of the basics of real estate investing. I plan to review some terms, methods, and investing techniques to give you an idea of the real estate professionals’ actions. I am not a…
Mortgage Positive: Make Cash Flow from Your Primary Residence
Six months ago, I wrote one of my favorite articles of all time, “Mortgage Zero: The Art of Paying No Out-of-Pocket Living Costs.” This article is still my most linked piece ever because it is such a vital topic to me. Mortgage Zero proposes that you use your home as an income generator. Whenever I…
Pay for College with Real Estate 105: Rental Wins
Welcome back to the Pay for College with Real Estate series (101, 102, 103, 104), where we use the capital appreciation of real estate to counteract rising college prices. Today, we are looking at keeping our home and using the rental income to pay for college. Let’s do a quick refresher. We bought a home…
