You know the common advice all the finance gurus teach: “Save 10% of your paycheck, put it away in some slow growth stocks or mutual funds, wait 50 years, and you’ll be the richest person… in the cemetery.” I don’t know about you, but I didn’t want to take the slow route. I wanted financial... Continue Reading →
Is a Fixer-Upper Worth Your Investment?
Rental properties have the potential to net you a return in two different ways: You can charge more in rent than you pay on the mortgage, resulting in a stream of revenue that could last indefinitely, and you can invest in a property with the potential to appreciate over time, so you can eventually sell the... Continue Reading →
4 Must-Knows Before Taking on a Distressed Property
Have you ever looked at a distressed property—a truly distressed property—and been thrilled with the idea of buying it, renovating it, and renting it? It can be an appealing notion, especially if you’re an investor with an imagination. With so many areas undergoing revitalization, the idea of taking a cheaper distressed property and making it... Continue Reading →