You can pretty much divide the business universe into two different worlds: Big corporate businesses Small, lifestyle businesses Most of the business advice in books and in graduate schools is targeted towards #1 – big corporate models. As you may know, I lean heavily towards #2 – a small lifestyle business. A partner and I run [Continue Reading]
The 2% and 1% Rules – Instant Analysis For Real Estate Investments
Lately I’ve been busy looking at a lot of potential real estate deals. Finding good deals takes a lot of searching. Especially in the early stages of searching I like to apply shortcuts to make the best use of my time. Previously I shared a shortcut called the 50% Rule to help you quickly determine [Continue Reading]
Game #2: How to Create Passive Cash Flow
In my last two articles I shared that we are all playing two financial games and I shared How to Win Game #1: Cash Now (Survival). In this article I will share a two-part real estate game plan to win Game #2 – creating passive cash flow. First, a definition. My idea of passive [Continue Reading]
22 years to $1.6 Million in Your IRA –
A Conservative Path
In a recent article, I wrote about the Power of Compounding Tax Free in your self-directed IRA account. I showed how savings can grow much faster inside vs outside your IRA (see graph below). But even if you like the idea of tax free IRA investing in real estate, you might wonder how it works [Continue Reading]