Our guide to real estate, investing, strategies, and everything in-between.
What is the vacancy provision? A vacancy provision is a term used in real estate law that refers to a clause in a fixed-term lease agreement that states what will happen if the tenant moves out before their lease is up. If a tenant moves out early, the tenant might be subject to penalties such …
What is BRRRR? BRRRR is an acronym that stands for: Buy Rehabilitate or Repair Rent out Refinance Repeat The BRRRR investing strategy is one that many real estate investors use if they’re looking for a way to earn a semi-passive income by building a portfolio of rental properties. How to use the BRRRR strategy This …
John Stuart Mill once said, “landlords grow rich in their sleep.” And then Andrew Carnegie said, “90% of all millionaires become so through owning real estate.” You had me at sleep. And then again at millionaire. Just take my money. Obviously, real estate investing is an attractive proposition. Make that a drop-dead gorgeous proposition. Just consider …
10 Real Estate Investing Strategies for Earning Passive Income While You Sleep Read More »
What is margin? Margin refers to money borrowed to buy an investment, and the margin is the difference between the purchase price and the loan amount. When you buy stocks on margin, you’re essentially borrowing money from your brokerage firm to increase your purchasing power. It can be a great way to amplify your profits …
Retirement savings accounts, like 401(k) and Roth IRA accounts, are excellent tools to help Americans save for a comfortable retirement. It’s not enough to merely have an account. If you want to make the most of your IRA or 401(k) account so you can truly live out the retirement you’ve always dreamed of, there are …
What is appreciation? Ever notice how some properties increase in value every single year? That’s called appreciation. When a property appreciates, investors like you make a bigger profit when selling it or renting it to tenants, which is one of the benefits of investing in real estate! If you have a home loan, an appreciated …
What is escrow? Escrow is a financial process where money is held by a third party to make sure everyone follows the terms of an agreement. It’s a way to reduce the risk of fraud and make sure both buyer’s and seller’s contractual obligations are met. When all conditions have been met, the funds are …
Saving for retirement is a marathon, not a sprint and the sooner you start, the better. As reported by the Motley Fool, 55% of non-retirees have a 401(k) or 403(b), while 25% have no savings for retirement. What category applies to your situation? If you’re part of that 55% or are considering the benefits of …
How does the stock market affect real estate? Is there any correlation between the two? When the real estate bubble popped in 2008, the world was shown how the real estate market could affect the stock market—but does that effect work the opposite way, too? Market fluctuation in the stock market can set off various …
How the Stock Market is Related to the Housing Market Read More »
What is a 401(k)? A 401(k) plan is a type of qualified employer-sponsored retirement plan that allows employees to save for retirement on a tax-deferred basis. Created after World War II as a part of the Revenue Act of 1978, the 401(k) Plan was intended to attract workers and offer an added benefit to their …
