In 2015 I had a tenant that wanted to sign a 2 year lease at my asking price of $1300/month. I like stability in my rentals, so I agreed. The first year he was a pretty good tenant. He would pay his rent on time, he would tell me when things needed fixing and he kept the
I was inspired to start a blog by other bloggers blogging about how you can easily make good money by starting a blog. Sounds good to me. I want a lifestyle where I can travel the world and make money while posting an article every once in a while. So what happened?
The rental market is a soft market. What I mean by that is there is no set market rental price like there is with commodities or the stock market. If “market rent” for your rental is $1,000/month, someone with a nearly identical property may be renting their property for $800/month and someone else might be
Buy as many properties as you can throughout your life and never sell them. As you can see from the Case-Shiller US National Home Price Index, the real estate bubble and subsequent crash was an anomaly. Prior to that there were 30 years of sustained growth. Sure, local markets went up and down, but on
They say, “never borrow from your 401K”. Here is what happens when you do. Lets say you borrow $30,000 from your 401K. You’re borrowing pre-tax money so you don’t have to pay taxes on it when you borrow. However you have to pay it back with post-tax money. If you’re in the 25% tax bracket,
Non-accredited investors have only recently been allowed to invest in real estate crowdfunding and until August 2016, I’ve only been aware of one real estate crowdfunding website that has allowed non-accredited investors to invest in real estate crowdfunding, and that’s Fundrise.com. Let me know in the comments section below if you know of others. Fundrise.com
To invest in most of the real estate crowdfunding platforms you need to be an accredited investor. There are a few platforms that allow individuals to investment if they are non-accredited investors, but those carry restrictions (they’re not too bad). This post will be a quick review of what it takes to qualify as an
Real estate has always caught my attention. After graduating college with a degree in aerospace engineering, I moved to Denver in 1999 to start my first real job. At the time, I knew very little about real estate investing other than real estate was a good investment. I heard about people growing their real estate