Property Management Fees: An Investment Needed to Address Problems

May 19, 2021 0 Comments

Giving a house or part of the house for rent is one of the common practices followed by humanity for years. It can also be said that giving up a rental property is the source of additional income when staying at home. By going through this practice, many people extend the portion of their existing …

Are zero-day inspections the killers of REO investments?

May 18, 2021 0 Comments

Typically, a real estate buyer had the seller give them an inspection period in which the buyer will have a professional inspect the property to see if there is anything the buyer missed. These inspections are very inexpensive insurance for the buyer and should always be done when purchasing a personal residence. For investors, inspections …

Timeline for Foreclosure: All 50 States

May 17, 2021 0 Comments

What most real estate investors and homeowners facing foreclosure want to know is, “What is the timeline for foreclosure?” In other words: “how long does it take?” The answer is that the foreclosure process and timeline vary from state to state. This article provides the information and resources you will need to learn about the …

Robert Kiyosaki – Rich Dad Review, Poor Dad

May 16, 2021 0 Comments

Have you ever heard of a man named Robert Kiyosaki? I came across your best seller Rich Dad Poor Dad about 5 years ago, and let me tell you, it has inspired me in a way that I never thought was possible. Statements like “the poor and the middle class work for their money, while …

The guts of the Trans-Pacific Partnership Agreement

May 15, 2021 0 Comments

Senator Bernie Sanders expressed his disagreement with President Obama’s grand trade deal. Organized labor in the United States argued, during negotiations, that the trade deal would greatly benefit corporations at the expense of workers in manufacturing and service industries. The Institute for Economic Policy and the Center for Economic and Policy Research have argued that …

Real estate investment

May 14, 2021 0 Comments

Many beginning real estate investors start out by trading real estate to make a quick buck. If you want to make more money investing in real estate, you need to know a few basics. What is the definition of real estate investment? Simple definition: buy a property and resell it quickly, hopefully for a big …

Avoid distributor status when moving house

May 13, 2021 0 Comments

Any investor who changes more than one or two properties a year will run into the problem of being rated “distributor status” by the IRS for tax purposes. This is extremely dangerous. Dealers, like real estate agents, are considered self-employed and are subject to self-employment taxes of 15.3%. Worse still, a dealership cannot pay taxes …

Critical information on garage door repair vs. replacement

May 12, 2021 0 Comments

Most doors open and close at least twice a day. More than 5 to 10 years that are thousands of times up and down. Tracks can get out of line. The door will be dented or damaged. The springs holding the door can break. The electric opener may start to malfunction or stop working. Then …

Recreational vehicle (RV) sales on the rise

May 11, 2021 0 Comments

As baby boomers retire, the RV industry has seen an increase in sales. For many people, nothing compares to the independence and flexibility of enjoying the open road in a recreational vehicle (RV). There is certainly a lot to be said about taking your hotel with you wherever you go, and the hotel cost savings …

Include education on a resume

May 10, 2021 0 Comments

So you’ve put in the time, expense, and effort to complete some aspect of formal education. Or maybe you started working on this, but then inevitably life passed … you had to take a job to pay the bills, got married, had kids, moved, etc. etc. There is a universe of things life can throw …