The 2018 #s are in! The biggest # we track when it comes down to it is cash flow. While cash-on-cash return comes in at a close second for priority, the main focus for us is cash flow. And while I don't go into net worth accumulation by someone else paying down your debt (i.e. … Continue reading We Earned $231/hr From Our Rental Properties in 2018
Here is a review of how members of the Real Estate Investing for The W2 Employee Facebook Group polled in 2018. How do you measure up? Join us! We want to see your vote & read your opinion! November 7, 2018 And those year end property tax notices are starting to arrive. How many of you … Continue reading How Does Your Vote Compare to Other Real Estate Investors?
At times I'm questioned how I do all of this…work a highly demanding full time job, have a growing family and obtain a side hustle as a real estate entrepreneur. Being up before the sun and coffee is the short answer but as I dive into this more, there is, indeed MORE. Here are 13 TIPS that work for me (us) and I know they will also work for you.
The average American will read one book per year. Don't be average. For 2019 I'm providing you a list of 15 books, or one per month with a few for extra credit. The links & images take you to Amazon for Customer Reviews, formats, and snapshots of what’s inside each: 1. Retire Early With … Continue reading The 15 Books You Need to Read in 2019
EARN. INVEST. REPEAT. "Houston, we have lift off." Ok, technically not yet, but you can join now and get a head start on the course materials but we are set to officially lift off with the W2 Capitalist Mastermind on November 1st. Our mantra is ...EARN. INVEST. REPEAT. <- You're going to start seeing this … Continue reading The W2 Capitalist Mastermind Launch!
When the leader of the free world, excuse me. When Brandon Turner, the leader of the financial freedom movement known as BiggerPockets, calls you out on your own closed facebook group [ Real Estate Investing for the W2 Employee] to write a blog entry on something I shared...you kind of just have to. A little background: … Continue reading How to Successfully Appeal Property Tax Value
I was honored to join Joe Fairless on his podcast, The Best Ever Real Estate Investing Advice. We get into the details of my 42 unit acquisition and a small 1031 exchange - a total of 46 units I've added to my portfolio in the last 12 months (all while working a full-time, highly demanding … Continue reading Why are Joe Fairless and I talking about Honey on His Best Ever Real Estate Investing Advice Podcast?
Sabrina has spent the last 20 years on the real estate investing sidelines and today we cover an array of topics while she has the opportunity to ask her 5 most pressing questions as a newbie real estate investor.
So, simple definitions before we dive into this blog post. 1031 Exchange: is essentially a code in the IRS rules that allow you to postpone paying taxes on any gains (in our case, from a real estate transaction) if you reinvest those gains into a similar or qualifying like-minded property. There are other rules, like … Continue reading How We 1031 Exchanged Into A Swimming Pool for Our Personal Residence
I posted this video on our social media channels a while back but I want to share more of the back story and I how relate it to real estate investing. Here we go... We (my wife, son and daughter) are at the local community carnival fund raiser earlier this year. We made our rounds, … Continue reading Why I Took Advice From a Carny Worker
What's up gang! I want to introduce you to one of my real estate investing partners, Chief Petty Officer US Navy, Tim Kelly. Tim is in the process of writing his book titled Get Your Financial Foundation Established Why Don't Ya, and is passionate about educating others on the subject of personal finance. Lately Tim has … Continue reading Get Your Financial Foundation Established Why Don’t Ya!
As a follow-up to the overwhelming response received from the 12 Sites Every Financial Freedom Seeker Should Know About, I want to provide you a list of guys that are focused on real estate investing and have a heavy, plus consistent presence on Instagram. These guys continue to be an inspiration and I appreciate them sharing a bit of … Continue reading 25 Financial Freedom Instagramers You Need to Follow
After publishing the 12 Sites Every Financial Freedom Seeker Should Know About, Eric Bowlin reached out to me with a much deserved, "Wait, you forgot me!" type response. I appreciate him doing so as once I read the article he put together for me below, I felt as if I just left church where the message … Continue reading Real Estate: Business or Investment?
First off, what is Debt-to-Income? The Debt-to-Income ratio is one used by lending institutions when underwriting your loan (for almost anything - car loan, mortgage, HELOC, etc). DTI is a calculation they use to measure the risk on which you'll be able to pay back the loan you're seeking. The lower your DTI, the less … Continue reading Real Estate Investing Terms: DTI
noun [variant spelling momma]; a consultant, entrepreneur, real estate investor & unquenchable life long learner dedicated to supporting you in your financial journey. ...And her name is Tracy Ma. Other than being an accomplished engineer, wife and a mother of 2, Tracy hosts the blog at FinancialNirvanaMama.com. I had the pleasure of being interviewed by … Continue reading What is a Financial Nirvana Mama?