Determining Cash Flow for a Rental Property
When analyzing a rental and determining the profitability of the property, it is important to analyze your potential cash flow through calculating income minus expenses to determine cash flow. Income – Expenses = Cash Flow The expenses that everyone typically incorporates in this calculation would be mortgage, taxes, insurance, and utilities. Other expenses that should …
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Real Estate Investment Portfolio Mistakes
It’s no secret that real estate is one of the best ways to grow your wealth. But like any investment, there are a number of risks involved. If you’re not careful, you could make some costly mistakes that could set back your investments for years. Here are some mistakes that you should avoid when creating …
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Creating Generational Wealth Through Real Estate Investing
When people think of real estate investing, they think of flipping homes or buying rental properties. However, while these can be great ways to make money in real estate, it is not the only way. In this article, we will explore a few ways to invest in real estate and create generational wealth for yourself …
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Taxes Involved with Real Estate Investing
Real estate investing is a great way to grow your wealth and create passive income. The downside? Taxes. The IRS has two different tax structures for real estate investors: one for people who invest in the rental property and one for those who support a business they actively run themselves (such as flipping houses). It …
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Real Estate Investing Tax Deductions
There are many reasons why real estate is the best investment out there, including having an inherent demand, the ability to earn a passive income, and owning your own business. Perhaps the lesser known advantage is the tax benefits. In this article, we will review all you need to know about these benefits and real …
What are Real Estate Investing Tax Deductions?
There are many reasons why real estate is the best investment out there, including having an inherent demand, the ability to earn a passive income, and owning your own business. Perhaps the lesser known advantage is the tax benefits. In this article, we will review all you need to know about these benefits and real …
Continue reading "What are Real Estate Investing Tax Deductions?"
Real Estate Inspections: Ten Common Issue
Real estate inspections are a fundamental part of buying a property. They can alert you to problems with the house that may not be obvious at first glance and potentially save you a lot of money in the long run. Here are ten common issues real estate inspections can help to identify. Common real estate …
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3 Types of Active Real Estate Investments
When you think of investing that makes a lot of money, what comes to mind? Stocks, forex, crypto and mutual funds? If you’re like most people, you probably don’t think about real estate as an investment type that the most rewarding. But hear us out! Real estate can be a very rewarding investment. Many people …
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Learn The Language
Nelson Mandela said that “education is the most powerful weapon which you can use to change the world”. You can use real estate education to change your life, your family’s life, or even more people’s lives. Real estate investing can provide great financial freedom. But as with anything, knowledge is power. Understanding the terminology and …
Make A Plan
You wouldn’t take a long road trip without a plan, so why take your trip into real estate investing without a plan? How does someone figure out a plan specific to their goals, needs, ability, and resources (which would be different from everyone else)? This is one great question. Like most things, (how do you …
The 1% Rule
When searching through the plethora of real estate investment options available, it can be difficult to narrow down all of the options. It is said that it takes looking at 1,000 potential properties to find one deal. One of the first ways I begin to eliminate potential property investments is through using the 1% rule. …