Owning and managing rental properties is rewarding. You are helping build passive income as well as build a nice nest egg for your retirement. At the same time it can be busy and sometimes stressful. You never know when the…
The Rate Race Number is the amount of passive income you need to cover your fixed monthly expenses. Once you’ve achieved that, you are financially free. What are the way to achieve your Rat Race number? decrease your expenses Increase…
Why are you interested in real estate? What is it going to help you achieve or do? What are your goals? These three questions are the first questions you need to ask yourself before you even get started. Once you…
When I got into investing there was a lot that I didn’t know or understand. I have tried to put together 6 steps/tips to help a new investor get started. I hope these help and good luck with your investing…
In order to answer this question you first need to start with your why. If you haven’t figured what your “Why” is, check you my post “What is your Why” or watch Simon Sinek TED talk “Start with Why”. What…
Have you ever thought I want to flip houses? Have you thought how do I make sure I don’t lose money? Or know it is a good deal? Well that is when 70% rule comes into play. What is the…
Decide on where you want to invest: As an investor figure out where you want to invest and what are your goals (What are the Best Real Estate Investments). This can be in your own town or city, it can…
Do you have kids or maybe even grand kids? Do you plan to help them with tuition for college? Or help them financially in some way? If so what is your game plan? My wife and I have 3 young…
If you haven’t heard about the BRRR strategy today is your lucky day. I like to think of the BRRRR strategy as you are flipping the property to yourself. It is simply this. Step 1: Purchase a property. They key…
When it comes to financing a fix and flip it can be difficult, depending on the condition and state of the property. Other things that come into play is the purchase price, rehab, and ARV/potential sell price. Below are some…
Hi! Welcome to REIforFreedom and my journey to financial freedom. I hope the tools, resources, and examples I share can help you and your goals as well. Read More
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