Personal Finance, Money, Investments, Real Estate , and FIRE
When you buy a home or an investment property the main ingredient is the mortgage loan. The rates and terms could make a great deal bad or a bad deal great. There is quite a bit to learn and understand but is important for you to take the time to understand some of the basics. There is no way we can cover it all in one post but read on to learn a few things about loans.
Continue reading “Mortgage Loans”
Do you like magic? If you saw someone turn one card magically into 52 cards would you be impressed? Real Estate can help you “magically” multiply your money and wealth.
Continue reading “Real Estate Magic”
Today I am going to discuss the absolute best and easiest way to get started in Real Estate investing AND at the same time also work toward Financial Independence. It is through a concept known as House-Hacking.
Today I am going to explain the 1% rule and how it functions in Real Estate investing. The 1% rule is not necessarily a standard or law you have to follow. It is just a general rule of thumb. It is a quick way to make an assumption of whether or not a rental property will be worth your time and effort to analyze further. It does NOT guarantee that it will cash flow for you as there are many other factors to consider, but can be used to quickly see if a property will work to get you the returns you are looking for.
Fear. It’s the thing that holds us back. We are all afraid of something. Fear of failure, fear of losing, fear of the unknown, fear of success. Fear can talk us out of making a wise choice because it is different than what we normally do.
Over the last few years in particular there has been a massive new movement happening around the world. It is known as the FIRE movement. FIRE is an acronym for Financial Independence Retire Early. There have been many who side either for or against this movement. This blog is part of that movement. This post will serve to help explain what it is and how you can benefit from it.