Category: Real Estate
Become a Real Estate Agent/Investor
Wouldn’t it be great to have the inside scoop on real estate deals happening near you? How would you like to save at least three percent on each real estate deal you close? How about having a team of investors ready to jump on board each of your projects? All this could be possible if…
Should You Buy Property in a Small City?
I was reading a great article on the 12 Cheapest Towns in America, and it got me thinking, should I invest in a small city? There are many advantages to buying or moving to a small town; the chief reason is housing prices. But is it a genuinely viable solution? Let’s explore. Why would anyone…
TAP Your Home Equity
Well, let’s start with the biggest disclaimer of all time: Should you tap into your home equity? No. The only reason you should tap into your home equity is if you have another investment that can produce a better return than your home. What does a better investment mean? The four asset classes are real…
Creative Financing in Real Estate 102: Personal Loans
After reading Creative Financing in Real Estate 101, you should be on the hunt for tiny homes, mobile homes, RVs, or small apartments. As I said before, affordable housing is the way of the future. Also, finding deals in real estate my be how to leverage this asset class moving forward. Let’s say that you…
20 (more) Books That Will Make You Rich
Read 20 Books That Will Make You Rich part 1 (This is Part 2) Reading in of itself will not make you rich. However, reading and creating actionable tasks WILL make you rich. I wanted to keep this page as simple as possible. I have attached my personal review of each of these books. These…
We Make $50/day in Passive Income
I think every working soul dreams about making passive income. For years, we grind away at our day jobs, contemplating the days when we can be on the beach with our nice retirement checks coming in. “Life will be great,” we tell ourselves. When the workforce moved away from pension plans and into defined contribution…
Big Money in Tiny Homes
I’ll be the first to predict it- tiny homes are the new trend in housing. Okay, well, maybe not the first. Tiny homes are popping up everywhere, along with all other forms of alternative housing. I recently saw a video of a woman who converted a semi-truck into a full-blown portable home. Why are tiny…
Millennials, Homeownership, & Kids
Read My Books for Free: Free Kindle Books Schedule This article will paint a grim picture of the current generation of millennials finding affordable housing. Then, it will paint a worse picture of their kids being able to become homeowners. The truth is, as money prints, asset prices will continue to rise. Those with assets…
Creative Financing in Real Estate 101: Introduction
The goal of your financial life is to obtain assets that produce you money. Many types of assets make money in various ways. You have assets that build capital gains, such as growth stocks, gold, housing, and collectibles. Capital gains, or price appreciation, can be risky because you only make money when someone purchases the…
The Advantages of Adult Children Living at Home part II
In the first part of this article, I went on a rant about this topic’s background thought process. In many countries outside of America, it is acceptable for adult children to live at home with the parents. Here, we see it as a weakness. Today, I want to cover the actual benefits of adult kids…
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…
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…
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.…
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…
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…
Maximum Leverage: Buy Homes with No Money Down
I hate, hate, hate putting money down on homes. I am damaged good though. I put down $60,000 on our first home in Arizona back in 2008. Then I proceeded to lose all of it because of the real estate market that year. Never again. This belief is mine and mine alone. You can feel…
Become a Private Money Lender
If you invest for the long-term, you will begin to have excess funds to invest in different ventures. The stock market is a store of wealth but is not a wealth generator. The stock market returns are usually about 4-10% annually, but not a way to obtain lots of money. The idea is to bring…
5 Takeaways from “Sold”
After watching HGTV for years on end, I became fascinated with the world of real estate. And what person is more important to the world of Real Estate than a Real Estate Agent? “Sold” by David Greene is a behind-the-scenes look into the life of a superstar real estate agent. After reading this book, I…
Real Estate Investing: Play Monopoly is Real Life
The goal of Monopoly is to trade-in four houses for a hotel. This goal is lofty and can change the tide of war inside the game. But why does it have to end with the game? In real life, most people will only own one home at a time. By only owning one house, we…
5 Takeaways from “Dirt Rich” (farm)
“Dirt Rich” by Leigh Funderburk is exactly the book I have been looking for. Kris and I own 2 separate properties that each have 3 acres of land. When I retire from the military, I want to exploit this land to construct some sort of venue or area where we can start a business. I…