What happens when your tenant inevitably leaves? If you’re a new investor, the prospect of a vacant property can bring a twinge of fear. It’s scary to think that your rental income will be disrupted for a period of time. But remember, if you’re doing this the right...
Active income is the mode of making money that most of us are accustomed to. You go to work from 9-5 every day, and you receive a paycheck. More often than not, that paycheck is allocated to bills, and there isn’t much left over. In this scenario, you work for your...
Investors frequently come across prime real estate that’s for sale but attached to a homeowner’s association. For those with limited knowledge on the subject, they could be left wondering if they should buy a rental property with an HOA. In this article,...
We all want the same things: to have enough money to cover our expenses, to not have to worry about finances at retirement, and to spend our spare time with our families. The best way to meet all of those goals simultaneously is to create passive income through real...
I always suggest that investors comprehensively research the rental market and neighborhood before purchasing a property. This means assessing metrics such as crime rate and vacancy rate. But how does a school rating factor into the value of a rental property? This...
Flipping houses and owning buy and hold rental properties are two of the most popular real estate strategies. These two strategies work very differently, and generally I recommend that you choose one path. But which one is right for you? It depends what your goals...
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