Before I was addicted to real estate, I was addicted to cars. At one point, I had owned eight cars over a 10-year period. And out of those eight cars, one was considered a luxury automobile: the Mercedes G500. Buying a G-Wagon in 2002 was one of my biggest financial regrets. Thankfully, once I became […]
A Surprising Benefit Of Driving A Luxury Automobile You Might Not Realize Read More »
Remodeled homes will sell for bigger premiums going forward because it has become so much more costly and difficult to remodel today. In the previous article, I focused mostly on the negatives of remodeling. However, this article will focus on the financial benefits of remodeling. Namely more rental income and a higher property value. If
Remodeling Your Rental Property For More Passive Income And Value Read More »
If you’re in the market to buy a home, I’m not sure if you should buy a fixer-upper anymore unless you’re under 40 and hungry. The cost of construction is way high and your time is valuable. Instead, you should consider buying a remodeled home to save your sanity and your marriage. I’ve bought two
Why Remodeled Homes Will Sell For Bigger Premiums Going Forward Read More »
Some people desire a gorgeous partner. While others desire so much fame they can never walk around in peace. However, real estate might be the most desirable thing of them all since we spend so much time at home. As a result, real estate FOMO could also be the hardest type of desire to overcome.
Real Estate FOMO: How To Overcome The Hardest Type Of Desire Read More »
During times of uncertainty, I prefer owning real assets. Roughly 50% of my passive income comes from physical rental properties and investments in private commercial real estate. Therefore, I thought it would be an opportune time to reach out to CrowdStreet for an update on how they closed out 2021 and their views on the
What’s New At CrowdStreet? Commercial Real Estate Outlook Read More »
As a kid, I loved watching martial arts movies. Drunken Master starring Jackie Chan was one of my favorites. So when I stumbled across a new old show called Kung Fu starring David Carradine, I was thrilled! I was eight years old and attending Taipei American School at the time. Each summer, I’d go back
I Could Have Been A White Man But I Remained Asian Read More »
Lending money out or asking to borrow funds from friends and family can be quite a conundrum. One of my tennis buddies told me a funny story about borrowing money from his parents. He was 28 at the time and asked for a $30,000 loan to buy a condominium. Since his parents had the spare
Lending Money To Friends And Family: How To Determine When It’s OK Read More »
I’ve always been pretty focused on my staying healthy as an avid tennis player. My determination to stay fit and live as long as possible was heightened when I became a parent and then again when the pandemic hit. I’m sure a lot of you have similar priorities and want to maintain a healthy lifestyle.
How Farmland Investors Can Take Advantage Of The Health Movement Read More »
As a landlord since 2005, I’m constantly faced with the dilemma of selling a rental property or renting it out whenever my tenants move out. The older and wealthier I’ve gotten, the more I prefer to sell rather than rent out. I have a love-hate relationship with owning rental properties because they allowed me to
Rent Out Or Sell An Investment Property When Inflation Is High? Read More »
Some say renting is like throwing your money away. If that’s the case, what about the people who spend six figures a year on rent? Is that like setting your net worth on fire? I don’t think renting is throwing money away at all. You get shelter for the rent you pay. Renting is also
Profiles Of People Who Spend Six Figures A Year On Rent Read More »
