I have been a real estate investor for 20 years or so and I have been a part of many evictions. I am also a real estate broker and I used to sell foreclosures for banks. I have been part of evictions for my own properties and for bank-owned properties as well. In some cases, … Read more
The real estate market has increased significantly in many areas of the country in the last few years. This has made it very tough to invest in real estate and challenging to buy a house as an owner-occupant as well. While it is tougher to buy real estate when prices are high, it is not … Read more
Rents have been increasing in much of the US and most of the world. Whenever rents increase we here people bring up rent control as a way to keep rent affordable. Rent control has been implemented in many areas and it doesn’t always have the results that were hoped for. The problem with rent control … Read more
I love setting goals, trying to accomplish them, and usually failing miserably! I say that in a joking manner but I really don’t mind not accomplishing all of my goals because that is not what goals are for. Goals are to help you do better and go farther than you would have gone without them. … Read more
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
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
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
For many years inflation was steady and not a big concern in the US. However, that has changed in the last year and high inflation is now a worry for many people. High inflation raises the costs of most goods and can make it tougher for many to make ends meet. High inflation can also … Read more
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
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
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