Homeownership is more than just having a place to call home; it's a milestone that opens the door to various financial opportunities. In recent years, savvy individuals have recognized the potential of turning homeownership into a lucrative side hustle. Let’s explore the concept of homeownership as a side hustle, delving into the passive income it can generate and why owning a home is a smart financial...
In a real estate market with low inventory and high mortgage rates, getting out there as a buyer and trying to find a home can be daunting. However, if you can afford to purchase a home now, it might be worth your time to start investing in yourself and your future. Let’s dive into a few reasons why purchasing a home now could be an excellent decision for you in the short and long term. Building...
Are you thinking about purchasing an investment property? Whether you’re just starting out or consider yourself a pro, there are many factors to consider when looking for your next investment property. Before you write your offer, consider these four factors to ensure you make the right choice for your investment. Location/Neighborhood Regardless if the property you’re considering has...
If you’re looking to invest your money, real estate is a great option. Whether you’re looking to flip a property, own a rental property and rent it out, or buy a vacation property, there are many different avenues you can take to diversify your portfolio and increase your income. Like any investment, investing in real estate comes with risks, but the rewards and benefits are worthwhile. Real estate...
Buying a home is so much more than just having a place to live; many long-term benefits go along with it. While buying a home has many up-front costs and monthly payments, home ownership allows you to build wealth over time, benefiting you greatly down the road. Let’s look at a few benefits of home ownership and how it can help you build wealth over time. Home Equity Home equity is the home’s...
As a landlord, you hope never to be put in a position where you need to know landlord-tenant laws. However, it’s important to at least be familiar with a few of them so you know what you can and cannot say or do in certain situations. To fully understand these laws, you should contact your attorney to have them explained. Let’s look at four landlord-tenant laws all landlords should be familiar...
When you first get started in real estate investing, you’ll learn many different methods to create passive income. One method is the BRRRR Method, which stands for Buy, Rehab, Rent, Refinance, and Repeat. This method is a great way to quickly build up your real estate portfolio. Let’s look deeper into what each of these words mean as it relates to the BRRRR Method and how you can utilize...
Generational wealth is wealth that is passed down through generations of your family. In order for it to be considered generational wealth, it has to be passed down to at least one generation and can be any asset with monetary value, including real estate, stock market investments, or a business. One of the most important things about generational wealth is don’t wait to start investing your money....
Generational wealth is a way to create wealth for your family that is passed down through generations. It provides freedom of choice to live the life you want and not worry about debt. Building generational wealth is easier than you may think. All you have to do is spend less than you earn and save and invest as much as possible. Let’s look at a few ways to invest and build generational wealth...