There’s an incredible joy of living within your means. The more you can live within your means, the happier you will become. You will appreciate more of what you have, and desire less of what you don’t. “Do not spoil what you have by desiring what you have not; remember that what you now have […]
The Joy Of Living Within Your Means Read More »
Only 10% of the population makes more than ~$113,000 a year, but if you live in the San Francisco Bay Area, it seems as if everybody is making six figures or more due to sky high housing prices. Let’s hear from my friend Chris, who so happens to make a healthy income working at one of
If A Googler Lives In A Mobile Home, Why Complain About Living Costs? Read More »
Are you thinking of buying a vacation property to live a better life? I’ve owned a vacation property since 2007 and let me say I should have just rented instead. This post will discuss all the reasons why you should not buy a vacation property. I understand why people want to own a vacation property.
Reasons Why You Should Not Buy A Vacation Property Read More »
Damn. My $1.2M real estate offer for the $899,000 Golden Gate Heights fixer did not win! Time to cry in a bucket of coffee ice cream with sprinkles on top. Let me share with you a failed real estate offer I made a while back. With the housing market very strong post-pandemic, you will likely have a
Spraying, Praying, And Missing! Analyzing A Failed Real Estate Offer Read More »
Your goal as a homeowner is to enjoy your home and minimize costs as much as possible. If you can convince the property assessor that you live in a dump, then all the better! Unfortunately, in a rising property price environment, minimizing cost becomes much more difficult due to rising property taxes. When things are going
The Property Assessor Always Wins In A Bull Market – Filing An Appeal Is Useless Read More »
Rents have been going up aggressively since 2020. And it always amazes me how much some people are willing to spend on rent. This article will discuss who spends over $100,000 a year on rent. I’ve been a landlord of multiple properties in San Francisco since 2005. Once rent hit the $2,000 a month mark
Who Spends Over $100,000 A Year On Rent? Apparently All Types Of People! Read More »
Pop the champagne! I recently celebrated my 18-year anniversary of being a landlord. There have been plenty of headaches along the way, but I realized everything is fixable with time, money, and compromise. To celebrate, let me teach you how to minimize tenant vacancy for maximum rental income. The one thing I’m very proud of
How To Minimize Tenant Vacancy To Zero For Maximum Rental Income Read More »
Despite real estate ranking second to last in my Passive Income Rankings, don’t worry real estate fans. Real estate still is my favorite asset class to build wealth. This article will discuss whether to invest in real estate for capital appreciation, rental income, or lifestyle. For me, I invest in real estate for lifestyle first. I
Invest In Real Estate For Capital Appreciation, Rental Income, Or Lifestyle? Read More »
The following is a guest post from Chris, a fella I met while stranded in Frankfurt, en route home from my business trip to Switzerland and Mallorca to do more research on the happiest countries in the world. Chris has a dilemma and could use the community’s help! – Sam It was early evening when
At What Cost Is Net Worth Diversification Worth It? Read More »
Are you thinking about remodeling your home in this hot real estate market? What you must realize is that often times, remodeling does not pay off. In other words, remodeling does not recoup 100% of the cost of remodel. Therefore, you need to be strategic. I’ve remodeled seven times before across multiple properties I own
Does Remodeling Pay Off? Probably Not! Read More »
