5 Personal Finance Habits for a More Successful You
February 3, 2021
So you’ve finally come to the realization that your nine-to-five grind just isn’t going to get you where you want to go in life financially and you’ve decided you need to look into this whole “investing” thing that people are talking about. First of all,
The first calculation you need to do BEFORE you start investing in real estate.
January 12, 2021
As I am sure you’ve heard a million times before, real estate investing can be a great way to build wealth, provide financial security, retirement income and also generate passive income (I say passive with a hint of sarcasm as it tends to require a
Things to Consider When Buying an Investment Property Part 2 – Microeconomic Analysis
January 3, 2021
This is Part 2 of things to consider when purchasing an investment property. In my last article, we discussed the macroeconomic factors to consider before purchasing an investment property like the GDP growth of an area, the job prospects, the major employers in the area,
Things to Consider When Buying an Investment Property PART 1
December 13, 2020
When deciding on an investment property, there are a number of things to consider. The two areas of consideration are macroeconomic factors and microeconomic factors. The microeconomic factors include things that you’d normally think about when analyzing a property like mortgage, taxes, insurance, utilities, other
Ratios, Ratios, Ratios!
December 6, 2020
Today, I want to discuss the Gross Debt Service Ratio (GDS), the Total Debt Service Ratio (TDS), and the Debt Coverage Ratio (DCR). Now don’t let these fancy terms and acronyms scare you. They are just a little bit of math the banks use to
How to Find Real Estate Investments Using Tenant Avatars
November 30, 2020
No, this has nothing to do with The Last Airbender or giant blue humanoids on another planet. A tenant avatar is the description of your ideal prospect. If you could have just one tenant, then this would be the tenant you want. Having an avatar allows you
Dealing with Professional Tenants
November 23, 2020
Professional tenants are the bane of any landlord’s existence. These people can come from any demographic background and are not easy to root out. After all, they make the act of fooling their landlord a full-time gig. So what are professional tenants? They are
How to Show Rentals During COVID
November 15, 2020
The COVID-19 is real and it doesn’t look like it’s going away anytime soon. If you’re like most people, you’re doing your best to maintain social distancing and trying your hardest not to touch those filthy hands to your damn face. These unprecedented times
Creating Your Tenant Avatar
December 8, 2019
No, this has nothing to do with The Last Airbender or giant, blue humanoids on another planet. A tenant avatar is the description of your ideal prospect. If you could have just one tenant, then this would be the tenant you want. Having an avatar
Visualize Your Goals
December 8, 2019
It’s not enough to just think about your goals, you need to visualize what you want. Literally, picture what it looks like once you have achieved your goals. Where will you be? What will you be doing? What will you have? Visualizing exactly what you
Three Reasons to Invest in Real Estate
December 8, 2019
So often people ask me why real estate well I’m going to tell you the three reasons why I invest in real estate Number one is cash flow making money while I sleep this is absolutely key to financial freedom to retirement when your head
Leveraging Credit
December 8, 2019
I’d like to explain what it means to ‘leverage credit’? I’m sure you’ve heard of the acronym OPM, Other People’s Money and have likely wondered what it really means to invest with OPM. Well, it can mean a couple of things, it can mean utilizing