For the last few weeks I have been writing about rentals and why they are so important to growing your wealth. The biggest reason that I cited was for consistent monthly cash flow. Some of you have responded and said things like its too much work to find the right deal. Or, that you just don’t want to deal with the potential challenges that are associated with owning rental properties. Today I am going to show you another way. In fact this way does not involve owning rentals…or any property for that matter. You do not have to look for Read more…
Yesterday I was talking to a client of mine about building long term wealth. We discussed some of the ways to do this in real estate. Things such as wholesaling, flipping, rentals, lending, note buying, land, development and building just to name a few. And, of course you can “make money” at any of these real estate investing avenues. However, it is my firm belief that if you want to truly grow your wealth for the LONG term the best way to do this is through buying and holding rental property. Now, I know many of you reading Read more…
With April 15 looming right around the corner, and many of you scrambling to get your taxes done, I wanted to write something today that if you implement can make you much, much richer. And, not only can these 2 ideas I have for you make you a lot of money, but the best part is that this money will be tax FREE! That’s right…loads of cash without having to give any to Uncle Sam! Now you may be thinking what kind of crazy idea is this? There is no way that you can legally make big $$$ and not Read more…
Have you ever considered what your life would be like if you had enough money coming in every month that covered ALL of your expenses, AND this money came in whether you worked or not?? For many people this seems like a fantasy. For others they wonder how this could even be possible. Well let me tell you that it is not a fantasy, and it IS very possible if you are willing to do a few simple things. What I am referring to here is buying and owning rental properties. However non-sexy rental properties may seem, over time they Read more…
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