By watching real estate youtube channels I have learned: How to dig footers How to tear a house down How to buy lots/land super cheap A lot more! I think its one of the most undervalued things a current or potential investor can learn from. First thing first – I want you to subscribe to […]
If you are intimitated on building to rent, that’s fine. But please know, in my experience, its like everything else in real estate, you just have to start. Follow the steps and learn as you go. I have owned rental property for over 17 years. In the past, I have bought properties that needed some […]
If you’ve ever thought about investing in real estate, you’ve probably heard about some of the hassles that come along with it. With the value of real estate going up in most cases, it is one of the most lucrative investments you can make. Despite there being no guarantee that property values will appreciate, […]
Before I dive deep into the subject of how to build a compounding machine, let me explain exactly what my 7 year old son did after I gave him this advice. As Einstein said: If you can’t explain it to a 7 year old, you don’t understand it. My son Everest has a scrap […]
If you love to travel like I do I’m sure you have met someone that travels A LOT and you wonder – what do they do so differently than me? This article covers my top personal finance hacks that will make you not only rich with money but also time! I’m all about hacking the […]
I get asked multiple times a day if someone should buy real estate in a LLC or an individual name. A simple question, that unfortunately deserves a complicated answer. The first thing from my biased (as a banker) point of view is you need to decide what kind of loan you want and capital […]
We’ve all done random things to make money, right? Personally, I’ve written articles, cleaned gutters, mowed lawns, donated plasma and collected scrap metal to earn cash. And when it comes to saving money… well, I’ve had to fool myself into saving any money instead of just spending it all. If you need money at the moment, have […]
Getting a mortgage for a rental property can be very different from getting a mortgage for a personal residence. The first time I got a rental property under contract, everybody told me: “we don’t do mortgages for non-owner occupied residential houses.” The very first thing you need to do when evaluating financing for your rental […]
FHA Guidelines can be very complex. The actual book published by the FHA is over 1,000 pages! If you want to get a quick summary instead of reading over 1,000 pages keep reading. This guide outlines the types of, as well as the necessary qualifications for, FHA loans. What is a […]
My long-time readers know that last year I built a house and was looking for a construction management app. Overall, it was a great process but I was surprised how old school everything was with paper documentation and an endless supply of emails. About 95% of my calls were just calls to “check-in” and as […]
