So you are making more money than you spend. You have extra cash available each month, what then? When it comes to extra cash, I know three types of people: A) The ones who can’t have cash and will spend it all. The moment they have extra cash, ... Read the Post...
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What is Net Worth and Why It’s Important to Track
There is a lot of talk about budgeting, but you do not hear about net worth tracking as much. Budgeting is just one part of the wealth equation. Budgeting tracks your income and expenses which is key. However, tracking your net worth tracks your ... Read the Post...
How to Use Creative Financing to Buy Rental Properties When You Don’t Have Money
If you have been reading real estate books, you may know what private lenders are. For those of you who do not, private lenders are individuals like you and me that have spare money to invest. They can lend money to you at a higher interest rate for ... Read the Post...
Is buying a rental property cash a good idea?
Buying property cash may or may not make sense in certain situations. If you ask Dave Ramsey, the answer is yes, but if you ask me, the answer is… Depends. If you have read any of my real estate investing blog posts, you know I am a big fan of using ... Read the Post...