My last update was early July, and am finally getting to my fourth update late September. Let me catch you up on where this rehab stands at this point. First, it should be about 2-3 weeks from being finished. That is about three weeks behind schedule, but if you want to buy a rental home… Continue reading Follow Me as I Invest in a Rental Property — Part 4
Construction has begun on my little downtown mountain home! This actually started faster than planned, which never happens. Here are more details and processes that are happening in real-time. Zoning: This property is zoned both commercial and residential which gave me a lot of freedom to decide on which way to build and lease for… Continue reading Follow Me as I Invest in a Rental Property – Part 3
No one is perfect and as hard as I try I still make mistakes. Even when practicing what I preach about discipline and patience concerning investing and such. I fell into my own trap last week not once but twice! What happened? First, let’s talk about investing. Patience is the key to making money in… Continue reading The More You Fail the More You Learn
Investing in stocks is like gambling except with a lot more information. The key is to read all the information before placing your bets.
CLOSING on my new rental property early next week. I will explain how I got to this point and the steps it took to figure out the best way of purchasing this property. This property is zoned both residential and commercial with 3 beds and 1.5 baths. I will be converting it to a long… Continue reading Follow Me as I Invest in a Rental Property – Part 2
When looking for an investment property there are factors to take in when shopping around. Location, price, area trends, etc. I am going to start with a couple of quick tips as they relate to this current property along with past properties I have purchased.
Let’s not kid ourselves…..seriously. Not only are we in the middle of a Pandemic with millions of people out of work in the United States. We are also in an economy that has been built like a House of Cards and if you are not careful it’s going to fall and take you with it. … Continue reading Make Money in a Falling Economy Following these Simple Facts
Part 1 – You need Money to Make Money. So you see those advertisements on Social Media etc., concerning making easy money in real estate, retiring early, cashing in while on vacation. They often are selling the idea of working from your yacht while money flows in from rental properties! We have all seen these… Continue reading You Sure you Want to Invest in Real Estate? No Really?
Anyone can make money during this financial crisis.
I have spent years investing in the stock market. Starting in my early twenties, when I started my first job at $25k a year, I have not looked back. One thing that you’ve read over and over is that you cannot time the stock market. And that is 100% true! Trust me, I have learned… Continue reading 10 Things to Learn for the Average Investor