It had been a while since jumping on a podcast guest spot until Seth Ferguson recently reached out. Seth is a real estate investing advocate; so much so that he started a daily podcast in 2018 dedicated to all facets of the topic. Notwithstanding me, has had some heavy hitting names on Purchase to Profits which has allowed him to successfully grow his audience in a short amount of time. Needless to say it was an honor for me to be a part of his show.Read More
Filtering by Category: Real Estate
If you know me or have visited this site before, I'm sure have grown to realize that I am a supersized advocate for passive income. I believe that growing a diversified balance of income streams will set the foundation for financial independence more quickly than savings and traditional investing alone. The concept is not radical, but implementation and knowing where to begin in this path can pose a challenge. So that's exactly what this post is about. I will highlight some different methods of passive income investing in addition to the pros and cons, and possible barriers to entry for each product.Read More
I talk a lot about the benefits to be had from property investing, but recently noticed that I likely don’t shed enough light on the less flattering aspects that need to be taken into consideration before going this route. The benefits of real estate investing are real and can be a powerful financial weapon for boosting your net worth, but these benefits do not come without their fair share of work, hassle, education and risk.
That being said, here are some of the more cautionary but real lessons I’ve learned during my time as a real estate investor.Read More
Why do you invest?
Such a simple question, right? When asked this, most people’s response has something to do with retirement. But this is normally a canned answer simply because we know we are supposed to save and invest for retirement. The problem is that there is no deeper meaning or motivation behind this type of investment strategy. There’s no excitement. No drive. And I firmly believe this is the primary reason why so many people are underfunded for retirement.Read More
I began acquiring physical real estate as an investment vehicle in early 2016. The focus has always been on properties that have the potential to generate positive cash flow. The goal is to create a reliable income stream that will improve my financial security and put boosters on my path to financial independence. Monitoring and measuring this journey allows me to know whether my efforts have been successful and worth continuing.Read More