The other night I was sitting on my bed with my wife and 3-year-old daughter Lily. We weren't doing anything unique, just chatting and playing before it was my daughter's bath time. I asked Lily if she would share her soft fleece blanket with me because my legs were cold. "NO! It's my blanket!" she said. [...]
You've come to realize that you need real estate in your portfolio, but you just don't have enough money to get started investing in real estate. Or do you? It turns out that you can actually invest in real estate with both your 401k or IRA (HSAs and Coverdells as well). So, if you are sitting [...]
Capitalization rate is one method used to determine the value of income producing property.
Though using cap rates to value property can be very accurate most of the time, it is still not applicable in some circumstances.
If you've spent more than 4.7 seconds reading about real estate investing, you've heard the term "cash on cash return" tossed around like chicken nugget.
It's really important to understand the term because it's what drives real estate investing.
The trick is to earn money where money is worth more, and spend it where things cost less. The only way to do that is through investing and achieving the ultimate goal of financial freedom. A job can never achieve this.
Let’s face it, we all have some bad financial habits. For most of us, it comes from what we learned as a child (or didn’t learn). Others develop bad habits due to stress or a personal crisis.
Whatever the reasons, we need to figure them out and end those habits. Your retirement simply can’t afford bad spending habits.