“The House Hacking Strategy” By Craig Curelop House hacking: “To summarize, it is when you purchase a one- to four-unit property, live in one part, and rent out the others so that the rent from your tenant is fully covering your mortgage.” “The most common amongst house hackers seems to be the 3.5 percent Federal […]Read more "Book: The House Hacking Strategy"
“The Book on Rental Property Investing: How to create wealth and passive income through smart buy & hold real estate investing” by Brandon Turner “However, I would encourage you to start with six months of expenses for each unit you have. For example, if you own a single-family home that costs you $800 per month […]Read more "Book: The Book on Rental Property Investing"
“The Book on Investing in Real Estate with No (and Low) Money Down” By Brandon Turner & Joshua Dorkin “When investing creatively, you need to find even better deals than those who invest normally.” “When investing creatively, you must be extremely conservative.” See: http://www.biggerpockets.com/analyzeinvestments “Creative finance requires sacrifice.” “Creative finance does not mean investing without […]Read more "Book: The Book on Investing in Real Estate with No (and Low) Money Down"
“Recession-Proof Real Estate Investing: How to Survive (and Thrive!) During Any Phase of the Economic Cycle” By J Scott “The business cycle is driven by interaction between two main forces: inflation and interest rates.” “When inflation starts to take hold, the Fed will step in and raise interest rates. Higher interest rates will have two […]Read more "Book: Recession-Proof Real Estate Investing"
“Bulletproof Title Due Diligence: Protecting Your Investments” By Alex Goldovsky “title can be summarized as a bundle of rights corresponding to a specific piece of real estate.” “title represents certain rights showing ownership interest in a property. This owner can be a person, trust, corporation or many other types of entities.” “Current Owner (Residential or […]Read more "Book: Bulletproof Title Due Diligence"
“Your Best Business Entity For Real Estate Investing: LLC, S Corp, C Corp, Partnership, or DBA?” By Michael Lantrip “But liability is the main reason for not operating as a Sole Proprietorship. The Sole Proprietor is responsible for all obligations of the business.” “The Sole Proprietorship and the General Partnership forms of business are the […]Read more "Book: Your Best Business Entity For Real Estate Investing"
“Buy, Rehab, Rent, Refinance, Repeat: The BRRRR Rental Property Investment Strategy Made Simple” By David Greene “When an investor utilizes the BRRRR method, they start off by paying cash for the property, rather than financing it.” “Next, the investor manages the rehab portion. More money is put into the project.” “After the rehab portion, the […]Read more "Book: Buy, Rehab, Rent, Refinance, Repeat"
“Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties” By David Greene “Popular websites like Zillow, Trulia, and Movoto get their information by pulling it from an MLS, regurgitating it, and displaying it in their unique format.” “If you want to know what the property taxes were for any given property […]Read more "Book: Long-Distance Real Estate Investing"
“How to Invest in Real Estate: The Ultimate Beginner’s Guide to Getting Started” by Joshua Dorkin and Brandon Turner “Even if you can only spare a few minutes each day, but you are consistent with it, you can invest in real estate.” http://www.BiggerPockets.com/analysis “The key to investing in real estate without any money of your […]Read more "Book: How to Invest in Real Estate"
“Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence” By Vicki Robin and Joe Dominguez “The word is enough. At the peak of the fulfillment curve we have enough. Enough necessities for our survival. Enough niceties for our comforts and pleasures. And even enough little ‘luxuries.’ We […]Read more "Book: Your Money or Your Life"