At the onset, real estate investing sounds like an expensive venture costing thousands of dollars in initial investment. And in the past, it used to be! Fortunately, you don’t need six figures in the bank to be a real estate investor today. It really starts with a solid financial plan. Many people who have reached […]
How To Save Money On Your Property Taxes
Home ownership can be a true joy. The thought of holding your very own keys in your hands and being able to point and say “That’s my house”. That’s until it’s time to pay property taxes. The average property tax in California is $3100 per year whereas in places like New Jersey and Connecticut, it […]
10 Different Ways To Start Investing With Just $1,000
You’ve likely heard that investing is important. You’ve probably hear that investing is the best way to grow your money over time. But what exactly is investing, and how do you get started? According to the dictionary, here’s the definition of investing. Investing: to expend money with the expectation of achieving profit or material result by […]
5 Ways To Invest In Real Estate In 2016
You love investing, and at this point nearly all of your money is in the stock market. You know it’s important to diversify, but aren’t sure if real estate investing is right for you. You might think it requires a lot of money up front, or requires a lot of work ongoing. And while some […]
How To Become A Real Estate Mogul With Only $10,000
Real estate has traditionally been one of the most sought after investment vehicles for its passive income potential, appreciation, positive cash-flow, and tax reducing deductions. However, real estate investing is also viewed as one of the more difficult investments to start due to the high risk and high up-front costs required to start. I want […]
A Guide to What it Costs to Invest in Rental Properties Both Domestically and Internationally
Ask any personal finance expert for advice on becoming financially independent, and the likelihood of you hearing something along the line of, “Consider creating multiple sources of income” is high. Because let’s face it, it’s almost impossible to achieve financial freedom without having a healthy cash flow. And having multiple sources of (passive) income is […]
Get Creative in Funding Your Real Estate Venture
Many people have all the knowledge and nerve to be investors, but they lack an equally important part: the money. Getting the cash together to get started or to expand in real estate can be very difficult, especially when you’re young. Once you overcome that startup hump, you’re in business, but what a hump it […]
Real Estate Foundations: Creating a Solid Plan for Your New Investment Property
Purchasing an investment property is a great way to start building equity and saving for your retirement nest egg. Bricks and mortar feel like a safe investment to most people as a home is a tangible asset unlike shares in a company. However, what many people don’t realise is that a poorly planned property investment […]
Investing in Real Estate When You Are Young
Most investors wait until they’re in their forties, fifties, or sixties to begin capitalizing on real estate. While there is nothing wrong with investing at those ages, there is an underlying belief among many young folks that it is not possible to participate in the real estate business until a later age. This just isn’t […]
Investing Tip #306: Defer Tax Under IRC Section 1031
If you sell a business or investment property you can defer tax under IRC Section 1031.
Flipping a House in College: What You Need to Know
You’ve seen the shows – buy an ugly house for pennies on the dollar, fix a few rooms, turn around and sell that same house for quadruple what you have in it. But does it really work like that? The truth is flipping a house takes some serious work and is extremely risky. However, it […]
Why Rental Properties are a Great Way to Diversify Your Investments
Most financial advisers, television shows about money, and even colleges teach people to invest money in the stock market. Real estate is rarely mentioned as a vehicle to invest your money, except when buying a personal residence rather than renting one. I feel investing in real estate with rental properties is one of the best […]
Lessons Learned From 28 Year Old Real Estate Mogul Josh Simon
Welcome to the next installment in our young millionaire series. Today I have the pleasure of chatting with Josh Simon. Josh is a 28 year old commercial real estate investor based in Scottsdale, AZ. He got his real estate license and did his first deal when he was 18. He continued doing real estate deals while he graduated […]
Investors Need to Protect Portfolios Against Real Estate Problems in China
Data from China has not inspired confidence over the past few months. It was reported on Wednesday that non-performing loans were on the rise and that situation could get worse before it gets better. Real estate, which some viewed as a ticking time bomb in China, looks like it is getting closer to blow up. […]
Investing In Real Estate In College
When I was in college, a friend dared me to eat a 2 lb block of cheddar cheese in one sitting. Not understanding the intestinal consequence of such an action, I accepted the challenge and – to this day – I have a hard time enjoying cheddar cheese. The worst part is: I didn’t even […]
Put Time on Your Side: Invest, Don’t Speculate, in Real Estate
For those looking to invest in real estate, it is best to heed the advice of Dom Einhorn, head of Born2Invest. His philosophy is simple yet elegant: an asset should pay the investor to be the owner. In the real estate sector, that means that Einhorn would only buy properties that produce a stream of […]