Business
Sneaky Rental Property Expense List and How to Avoid Them
Most rental property expenses are fixed expenses. Property Management, taxes, insurance, etc. are all rental property expenses that are locked into our businesses. Wouldn’t it be great if you could cut your expenses down each year or at least, be prepared for them? The good news is that you can do that. Every year you…
Buy and Hold Investment Property Expenses You Will Encounter
You need to know what investment property expenses that will come up as you hold onto the property as a rental. Without knowing the expenses, you run the risk of turning a positive cash flow into a negative one.
Delayed Financing – Using O.P.M. To Buy More Properties
Financing is the life blood of your investing business and delayed financing is a fantastic tool for us as investors. Utilizing other peoples money is the fastest way to scale your business even larger. A great new way to buy your next rental property is with delayed financing. What Is Delayed Financing? Delayed financing is…
How to Get Your Spouse and Others Willing to Invest In Real Estate
Being a married investor, bringing along our spouse as we build the business can be tricky. How do you actually get your spouse bought in to the business and the potential profits it can make. I went through all of this with my wife and now we are amazed at our life.
Should You Run Credit Check and Background Check when Screening Tenants
Screening tenants and running a credit check is vital to being successful in your real estate business. Without properly screening your tenants, you will possibly run into issues, problems, evictions, etc. with the tenant you place. You may even lose money because of all the costs involved with having bad tenants.
How To Become Wealthy | The Frugal Millionaire
Many people don’t realize that frugality is an amazing tool how to become wealthy. Being frugal can actually make you more money and can help you become a millionaire. I’m actually a millionaire a couple of times over and I am very blessed! AND, I became a millionaire faster, because I was frugal. However, I…
Top 15 Real Estate Tax Deductions For Rental Property Business
Taxes can eat up your income. Learn how to use the laws to reduce your taxes legally while saving you thousands of dollars in taxes.
Should You AirBNB Rentals or Long Term Rental Property Business
Today, we are going to be talking all about short-term airbnb rentals and long-term rentals. Short-term rentals are those like AirBNB, and long-term rentals include those with a yearly lease or longer. We are going to look at the good and bad of each type of Airbnb rentals and Long Term Rentals and the ups…
The Richest Man of Babylon Summary Review – 8 Cures to a Lean Purse
This is a fantastic book that will help you change your mindset from working for a living to earning passive income. I read this book a long time ago and have since reread it at least two or three times. The cures this book suggests should be taken to heart and I have found that…
How to Start an Airbnb Business
Learning how to start an airbnb business is not as hard as you might think. There are steps involved and we will cover all of them in this article. The short term rental business is very lucrative and many people are utilizing sites like Airbnb and VRBO. If you already have a long term rental…
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