“House hacking” may be a newer term, but it describes a concept that has been widely popular in real estate investing for decades. Instead of buying a single-family home to live in, you buy a multi-unit home and live in one unit and rent out the rest. Why do this? It’s easy. You can collect... Continue Reading →
5 Ways to Know You’re NOT Ready to Invest in Real Estate
by Erin Spradlin I love investors, because like myself, they tend to nerd out over spreadsheets and let the numbers do the talking. They are risk takers who have found a way to maximize their money, so much so that they are very comfortable, and/or may not need a job all together. Because that’s a pretty awesome place... Continue Reading →
Newbie Landlords: This May Be The Most Important Metric To Know
by Philip Michael This goes without saying, when you own real estate, or any business, you gotta know your numbers. The cool thing about investment properties vs. other businesses is the simplicity of the business model; you don’t have to worry about too many product lines — just collect the rent. But as any entrepreneur knows, it’s... Continue Reading →
Forget Everything You’ve Read: Buying a House is NOT For Suckers
by Brandon Turner Some time back, one of my favorite online financial gurus, Grant Cardone, put out a video that exclaimed, “Buying a house is for suckers!” Before that, he wrote here on Entrepreneur that, “Unless you have 20 million bucks in the bank, in cash, you have no business buying a house.” It’s not the first time I’ve heard him say... Continue Reading →
3 Reasons Aspiring Investors Never Land a First Deal
by Erin Spradlin Recently, I wrote an article about junior investors who get a little ahead of themselves when they reach out to others about wanting to invest. They are missing some of the hallmarks of good investing: reading at least one investment book (and that’s a very light education at best), knowing their metrics, knowing their finances,... Continue Reading →