Advertisements There is a lot to consider when determining whether you should rent out your primary residence. I have been getting this question more frequently of late, so let’s look at some things I discuss with my clients. First on the list is to determine the market rental rate for your property. Use Realtor.com, Zillow,Continue reading “Should I convert my primary residence to a rental?”
Tag Archives: Investing 101
Breaking the 5 for 2 for life thinking
Advertisements What is the rat race, the matrix, the trap, the deception? Simply exchanging 5 for 2 for life. Work for 5 days to get 2 days if you’re lucky. We are trained from school age to exchange 5 days for 2 days. T.G.I.F. But, how does this happen? Most people are enticed into schoolContinue reading “Breaking the 5 for 2 for life thinking”
Is real estate really passive investing?
Advertisements In short, “No.” Similar to driving, you have to steer, accelerate, brake when necessary and so on, but do you really need to lay the asphalt or paint the lane markers? Both are involved and interacting with the road, but from very different roles. Ultimately you have to decide how much work you areContinue reading “Is real estate really passive investing?”
How inflation affects real interest rates and investment returns
Advertisements Let’s discuss an interest rate of 3.4% and an inflation rate of 6.8% (according to BLS.gov/cpi for December of 2021) and look at the outcome. Inflation eats away at the future purchasing power of a dollar. In other words, it buys less because it has been devalued. The same $1M today, will not buyContinue reading “How inflation affects real interest rates and investment returns”
My recommended reading list for real estate and personal growth.
Advertisements These are in no particular order. Whether you are just getting started as a first time home buyer, investor or seasoned in the real estate space, I have found these to be great books to expand my knowledge and understanding of real estate, finance and personal growth. Buy, Rehab, Rent, Refinance, Repeat: The BRRRRContinue reading “My recommended reading list for real estate and personal growth.”
Why invest in Real Estate
Advertisements Investing in real estate is not a scary as you have been thinking, and with a little bit of understanding and planning it can become a path to wealth. Over 20+ years ago my father-in-law, a real estate broker, gave me the basic vision for investing in real estate (or as I like toContinue reading “Why invest in Real Estate”
