When it comes to retirement savings, we all do wish for the same amount of investment freedom that we usually get with our other investments. Traditionally, most of the financial institutions offer limited investment options, starting with stocks and bonds to mutual funds and CDs only.
Owning Property "Free and Clear"
For some investors, the goal is to own properties “free and clear,” that is, with no mortgage debt. While this is a worthy goal, it does not necessarily make financial sense.
For example, consider a $100,000 property that brings in $9,600 per year in net income (net means gross rents collected, less expenses, such as property taxes, insurance, maintenance, and property management). The $100,000 in equity thus yields a 9.6 percent annual return on investment ($9,600, the annual net cash flow, divided by $100,000, the cash invested).
Are Low Appraisals Back?
Three things you can take to the bank:
- Politicians will bend with the wind,
- Property taxes will never decline, and
- Rising home prices will increase low appraisals.
It’s no surprise that complaints that appraisals are once again killing too many sales are once again on the rise this summer.
21 Ways to Escape the Rat Race Faster
Here are 21 ways to compress the distance from where you are now to financial freedom:
- Earn more, and save more.
- Spend less – thus reducing the amount of passive income you need to become financially free.
- Leverage other people’s time, other people’s knowledge, other people’s relationships, other people’s money, other people’s deal flow.
- Use leverage to create positive arbitrage.
- Start a business in parallel to your W-2 job so you can earn – spend – tax, rather than the job trap of earn – tax – spend. [Read more…]
How Real Estate Investors Get Paid
With real estate, people often don’t understand how an investor is paid. I mean, stocks historically provide an annual rate of return of about 10% and are low hassle. Comparatively, real estate values historically only return about 5% annual appreciation…and with more hassle! Right? So then how can real estate be a good investment? Once you know the answer to this question and act, wealth creation begins. I’ll start showing you how right now.
Hillary or Donald: Who’s Better For Housing?
Trump has a 10-point lead on Clinton when Americans are asked about which candidate will spur higher home prices. Primary results also suggest candidates weren’t popular in places where housing prices had a strong recovery.
So of the two presumptive major-party nominees for U.S. presidency, whom do you think will be best for housing prices? The self-described successful real estate executive Donald Trump? Or the former U.S. Senator, first lady and U.S. Secretary of State, Hillary Clinton?
How To Prosper When The Market Collapses
Look, I’m going to level with you. I think we’re screwed.
We all saw what happened last week because of “Brexit” (British Exit). The markets are in uncertain territory.
Add inflation and the potential for recession – this situation becomes even more complex.
People are tightening their belts.
29 Pieces of Advice from a Seasoned Real Estate Investor
1. It’s not how much money you make that matters, it’s how much you keep.
2. Don’t let friends, family, or co-workers talk you out of real estate investing unless they have more money than they know what to do with. If that’s the case, do what they’re doing.
3. Free contracts are worth what you pay for them. Have your contracts approved by an attorney who will defend them in court. If you have to ask why, you’re new to the business.
Identifying and Leveraging Hidden Assets
A minister once gave a lecture titled “Acres of Diamonds.” He related the story of an Arab man who wanted to become rich. Informed by an old priest that he would find diamonds in “a river that runs through white sands, between high mountains,” the man sold his farm and set off on his quest to find diamonds.
A Balanced Life – Part 2
Please read part 1 of A Balanced Life.
Most people are time wasters. They waste their own time, and they waste your time as well. To be successful and happy, you must discipline yourself to work all the time you work. The average employee works at about 50 percent of capacity. Fully 80 percent of people working today are underemployed in that their jobs do not really demand their full capacities. Only 5 percent of workers surveyed recently felt that they were working at the outside limits of their potentials.
- « Previous Page
- 1
- …
- 341
- 342
- 343
- 344
- 345
- …
- 379
- Next Page »
