Real estate investing is often looked at as something only for the wealthy or the rich. However, that is not necessarily the case. In fact, most people I know who have built their own path to independent wealth did so in real estate investing.
Of course, you still need some form of down payment to get started. In an era when housing prices grew far faster than wages and inflation, how could someone afford a down payment? In my hometown, the median home price is about $560,000, meaning a 25% down payment would require $140,000! But what if there is a better way to get started investing in real estate with less than six figures? Lucky for us, there are a few paths to get started. Continue reading →
Preparing to write the book Rich Like Them, author Ryan D’Agostino went door-to-door in the wealthiest zip codes in America to learn how America’s elite made their money. Not surprisingly, a handful of those who answered the door made their money in real estate. Others owned businesses and reached higher levels of wealth through hard work and self-employment. Here are some gems I learned when reading Rich Like Them that apply to both your real estate and your career. Continue reading →
If you are itching to invest in real estate but don’t have the down payment to buy a property of your own, there are new startups in the real estate industry that give you an opportunity to invest without buying an entire property outright. Curious to learn more? Read on to learn about the startups defining the new real estate marketplace lending sector, and how you can put your money to work in real estate. Continue reading →
Real estate offers a world of opportunities to investors. Everyone in the world needs somewhere to live, and most businesses need a physical presence of some sort. This gives real estate a very special and unique profit opportunity. It is something that everyone needs, but only some people have. If you can position yourself to have something other people need, you’ll be raking in big profits in no time! Continue reading →
Investing in real estate is a daunting, but potentially lucrative, endeavor. Being a successful real estate investor requires diligence in keeping a pulse on the market. It also is a necessary hunger to see long-term returns. Below are six common habits of successful real estate investors. Continue reading →
Flipping houses is hard work. Sure it seems relatively easy to do—you buy the home at a lower price, fix it up, and sell it off for a profit. Short and sweet at the surface, but in reality, there is a veritable laundry list of factors to consider first. Continue reading →
Real estate investing is a tried and true path to wealth, and people have been discussing the topic for generations. From Mark Twain and Andrew Carnegie to modern millionaires, here are some top real estate quotes and what you can learn from them. Continue reading →
Like most movements, tiny houses started small…pun intended. These homes are characterized by a square footage of less than about 400-500 square feet, although there are no formal parameters for size.
Small homes are considered to be under 1,000 square feet, with tiny homes coming in around half that size. In truth, the average single family home now clocks in at upwards of 2,500 square feet, so anything significantly smaller could be considered insufficient, depending on the buyer. Continue reading →
Real estate investing is one of the best ways to become a self made millionaire in the United States, but it can’t happen until you make your first investment. After interviewing and discussing real estate investing with several successful investors, these common themes emerged as the best ways to get started with your first real estate investment. Continue reading →
Whether you’ve already got your eye on a new home, you’re planning a major move to a new city, or you simply want to unload your current property for some reason, a quick sale requires a careful pricing strategy. Your Realtor should be able to help you figure out a price that delivers both a suitable return on investment and short timeline, but here are just a few tips to help you price your home to sell. Continue reading →