How the House I lived in Paid For My First Rental Property

How the House I lived in Paid For My First Rental Property

I bought my first rental property in December of 2010. My wife was pregnant with twins, and it was not exactly the best time to buy rental properties, at least according to all my peers in the real estate business. I was an agent and flipped some houses but I knew I wanted to invest … Read more

Is the House you Live in an Asset or Liability?

House You Live in Asset or Liability

Assets and liabilities have had their place in the financial world for centuries. Over the last couple of decades, there has been some disagreement over what an asset is based on the book by Robert Kiyosaki: Rich Dad Poor Dad. In that book, Kiyosaki defines an asset as: “Something that puts money in your pocket”. … Read more

Should You Take a Job You Hate For More Money?

Should You Take a Job You Hate For More Money

There has been a debate for decades over whether it is better to follow your passions when working or to follow the money. One school of thought is that passion does not pay the bills and you should take the job that pays the most whether you like it or not. Another school of thought … Read more

Are Real Estate Investors Really Buying More houses?

How many Houses are Landlords and Real Estate investors Buying

There is growing sentiment that landlords have been causing the recent rise in housing prices and that landlords have caused rents to increase as well. We hear in the news constantly that landlords are buying a record amount of properties. We also hear that hedge funds and institutions are buying all the homes making it … Read more

How Much Does it Cost to Maintain a House?

How Much Does it Cost to Maintain a House

Buying a house is a dream for many people and has been accomplished by most households in the United States. As of the middle of 2022, 65.8% of households own a home in the US. Achieving the dream of owning a home is fantastic, but maintaining a house also takes some work. It can also … Read more

Can You Time Real Estate Markets?

Can You Time Real Estate Markets?

Many people try to time real estate markets or predict when the ups and downs will be. While it seems easy to time a real estate market after seeing what happened in the past it is much more difficult trying to predict the future. The world’s smartest economists have trouble predicting real estate markets. There … Read more

Is it Better to Invest in real estate or a Small business?

Investfourmore Invest Real Estate or Small Business

I have been a real estate investor for many years and recently a small business owner as well. Now technically, I owned small businesses if you count my real estate brokerage and flipping business, and online business but I recently bought brick-and-mortar businesses. I own a small grocery store, liquor store, and bar. I am … Read more

How Does Buying a Short Sale Work?

buying short sale

As an investor, I have purchased many short sales for long-term rentals and fix and flips. As a Realtor, I have helped sellers sell short sales and buyers purchase short sales as well. Short sales are very unique and much different from fair market sales and even REO sales (foreclosures). Owner-occupied buyers and investors can get … Read more

Is Real Estate Inventory Increasing Significantly?

Is real estate inventory significantly increasing

There have been a lot of articles and headlines coming out recently saying that inventory is up, the real estate market is cooling down, and a crash may be coming as well. There are many articles that are saying sales are down as well and insinuating that prices are down too, even though they are … Read more