Episode #10: If I were given a time machine and could start over again as a real estate investor, here’s what I would do. I’ve invested for over 16 years, and I’ve bought hundreds of properties. That basically means I’ve made MANY mistakes. So, this was a fun question that I hope will be helpful [Continue Reading]
Podcast Episode #8: Ask Coach – Payoff Debt or Save For Rental Properties?
Ep #8: If you have extra cash, should you use it to pay off debt or save it to buy rental properties? This is a common question, and here I give my recommendation and also share what I’ve done.
Podcast Episode #5: Ask Coach – Health Insurance For Entrepreneurs and Early Retirement
Episode #5: Is health insurance keeping you at a job for security? As a real estate entrepreneur, I’ve been self-employed for 16+ years, and here’s what my family and I do for health insurance. UPDATE AS OF 1/2019: Since recording this video, our family also considered lower-cost alternatives to the ACA (“Obamacare”) exchange like catastrophic [Continue Reading]
The One Percent Rule – Quick Math For Positive Cash Flow Rental Properties
The one percent rule is an analysis tool used by real estate investors to quickly screen potential rental properties. I briefly covered the one percent rule in How to Run the Numbers Using Back-of-the-Envelope Analysis. But in this article I’ll go into more depth about what it is, when to use it (and when not to!), [Continue Reading]
Five I.D.E.A.L. Benefits of Real Estate Investing
Real estate investing isn’t your only choice to build wealth and achieve financial independence. Other vehicles like dividend stocks, bonds, small businesses, index funds, bank certificate of deposits, annuities, and more can help you. But real estate investing has five I.D.E.A.L. benefits that set it apart from the rest. In this article, I’ll explain each [Continue Reading]
Real Estate Investing 101 – 9 Steps to Get Started (or Restarted)
I vividly remember being a beginner real estate investor. As a 23-year old with zero experience in business or the real world, it was overwhelming to get started. I did the only thing I knew at the time – I learned as much as I could from books, seminars, mentors, and the school of hard [Continue Reading]