How This 30 Year Old Setup an $8,000 Annual Raise for Life
At the end of 2014, I received an email from someone who had stumbled across this website. He asked if we could meet because he was thinking of buying his first rental property. We ended up meeting for coffee at Panera and I was really impressed by him. He was in his 30s and it…
This “Real” Investment Provides $9,240 of Income
From time-to-time, I like to share real investments and their actual returns. I find this to be helpful because many investing examples are hypothetical and it is hard to “see” actual results. So in this article, I’m going to share an actual investment one of my clients recently made and the actual numbers. Hopefully, this…
A “Real” Case Study on Compounding
Several years ago when my oldest daughter was 4 years old, I hired her for my business. I had created a program highlighting how to turn our children into millionaires and used her image in the program. I also used her picture in other marketing materials for the business. To compensate her for the use…
Use this “little” formula to avoid over paying for rental properties
There is a “little” formula investors use to see if they’re buying an investment property below value. The value determined by this little formula may be different than the valued determined by studying comparable home sales. The formula is actually designed for investors and helps us to avoid overpaying when acquiring rental real estate. To…