Being Lame Can Make You Wealthy

Getting wealthy is not about being flashy, extravagant, or owning expensive things.  Becoming wealthy should be boring…and that is a good thing!  I retired at age 38 and am now approaching 50 years old.  I have done non-profit work, investing, property investing, and other things of interest.  If you want to be rich then I…

Follow Me as I Invest in a Rental Property — Part 5 FINISHED!

If you have followed my 5 part series you would understand the process, costs, and complexities it takes to buy, rehab, and rent a rental home. I am going to summarize the process and completion along with expenses so that you get a real understanding of what it takes to invest in property. Summarizing quickly…I…

Follow Me as I Invest in a Rental Property — Part 4

My last update was early July, and am finally getting to my fourth update late September. Let me catch you up on where this rehab stands at this point. First, it should be about 2-3 weeks from being finished. That is about three weeks behind schedule, but if you want to buy a rental home…

Follow Me as I Invest in a Rental Property – Part 3

Construction has begun on my little downtown mountain home!  This actually started faster than planned, which never happens.  Here are more details and processes that are happening in real-time. Zoning:  This property is zoned both commercial and residential which gave me a lot of freedom to decide on which way to build and lease for…

The More You Fail the More You Learn

No one is perfect and as hard as I try I still make mistakes.  Even when practicing what I preach about discipline and patience concerning investing and such.  I fell into my own trap last week not once but twice!  What happened? First, let’s talk about investing.  Patience is the key to making money in…

How Is the Sky Falling but Not the Stock Market?

Investing in stocks is like gambling except with a lot more information. The key is to read all the information before placing your bets.

Follow Me as I Invest in a Rental Property – Part 2

CLOSING on my new rental property early next week.  I will explain how I got to this point and the steps it took to figure out the best way of purchasing this property.  This property is zoned both residential and commercial with 3 beds and 1.5 baths.  I will be converting it to a long…

Follow Me As I Invest in a Rental Property – Part 1

When looking for an investment property there are factors to take in when shopping around. Location, price, area trends, etc. I am going to start with a couple of quick tips as they relate to this current property along with past properties I have purchased.

Make Money in a Falling Economy Following these Simple Facts

Let’s not kid ourselves…..seriously.  Not only are we in the middle of a Pandemic with millions of people out of work in the United States.  We are also in an economy that has been built like a House of Cards and if you are not careful it’s going to fall and take you with it. …

You Sure you Want to Invest in Real Estate? No Really?

Part 1 – You need Money to Make Money. So you see those advertisements on Social Media etc., concerning making easy money in real estate, retiring early, cashing in while on vacation.  They often are selling the idea of working from your yacht while money flows in from rental properties!  We have all seen these…