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
There has been a lot of talk lately about wages being flat and how people cannot earn a living wage. If you told someone that wages are increasing faster than inflation, you might be laughed at. Many people take these declarations as fact without analyzing the data behind them. How do people come up with … Read more
Everyone keeps asking me if Baby Boomers dying off will cause a housing decline? This idea may have been started by Robert Kiyosaki who wrote a book in 2002 about baby boomers creating a stock market crash in 2016. Obviously, there was no stock market crash in 2016 but that has not stopped people from … Read more
Many people think starting a business is a very difficult and involved process. You have to think of a brilliant idea, then figure how to implement that idea before anyone else does. You must have a ton of capital to get the business started and it might take years and years for the business to … Read more
Not every state in the US has the same state income taxes! Many states have zero income taxes (Texas) while others have extremely high income taxes (California)! It is not just income taxes that vary by state. Different states have different property tax rates, different vehicle tax rates, different sales tax rates, and more. Income … Read more