So you have $1,000 and you want to turn it into more. Congratulations! You are already ahead of over 60% of people who couldn't even come up with that amount in an emergency. But how can you invest $1,000 and double it, triple it, or even more? Depending on your skills, tolerance for risk, and timeline there are all kinds of ways to invest 1,000 dollars and turn it a lot … [Read more...] about How to Invest 1,000 Dollars (and Double It!)
Invest
An Accidental Empire: How We Got Started in Real Estate Investing
This is Part 1 of a series discussing how we got involved in real estate and how it evolved over the years from a single rental house to our current rental portfolio and all the house flips and real estate agent commissions in between. If you had asked me a few years ago if I would own rental properties, or if I would have been through dozens of real estate transactions, I … [Read more...] about An Accidental Empire: How We Got Started in Real Estate Investing
The Absolute Best Money Apps (According to These Financial Bloggers)
The landscape of personal finance apps is constantly changing. There are so many choices it is hard to figure out which are the best money apps out there. In my quest for the absolute best money apps, I have downloaded dozens and only a few have made the cut to stay on my phone. I'm always looking for the next best app to try - whether it be related to budgeting, … [Read more...] about The Absolute Best Money Apps (According to These Financial Bloggers)
The One Percent Rule: Easy Math to Evaluate Rental Properties
So you're interested in investing in real estate rental properties. Congratulations! But the learning curve to evaluating and purchasing your first house is STEEP. How do I find my first property? How do I figure out if it'll make money? How do I even know what a good deal look like? The one percent rule is here to help. The typical advice is you need to analyze … [Read more...] about The One Percent Rule: Easy Math to Evaluate Rental Properties
6 Personal Finance Metrics You Can’t Afford Not to Track
Everyone wants to achieve financial success, but how do you know which personal finance metrics to track? If you're training for a marathon (which I am not, running is the worst), you can't just decide one day to get up off the couch and run 26 miles. You need a step-by-step plan to get there, incremental goals to achieve, and metrics to track to see if you're making … [Read more...] about 6 Personal Finance Metrics You Can’t Afford Not to Track
