How do many wealthy people get that way? They invest in real estate. It is a proven way to build wealth. 90% of millionaires became so through owning real estate. So said famous industrialist (and billionaire) Andrew Carnegie. Yet only 15% of Americans invest in real estate, according to a 2017 study. As a real estate investor myself, I can attest to its wealth-building … [Read more...] about 7 Ways to Invest in Real Estate Without Buying Property
Real Estate
7 Unique Alternatives to Invest Outside the Stock Market
As you start to save and increase your income, one of the most important steps you can take is investing your money. Many people struggle to know what to invest in besides the stock market. Granted, the choices are vast and can be quite confusing. However, if you want to ensure a healthy financial future, ensure your family’s finances are secure and live comfortably in your … [Read more...] about 7 Unique Alternatives to Invest Outside the Stock Market
What Is Real Estate Commission?
If you are in the market to sell your home, a good real estate agent is an invaluable asset. Agents help their clients navigate the market and find potential buyers, and in return for their time and expertise, they charge commission fees. But what exactly is covered in agent commission fees? And what can homeowners expect to receive in exchange for these costs? Read on to … [Read more...] about What Is Real Estate Commission?
House Hacking 2020: Make More Money With Less Down and Live For Free
My first house hacking was my first primary residence. Although I technically became a landlord, I didn’t consider myself a real estate investor. I sold that property at my first opportunity. However, if I only understood real estate investing strategies, I would have never let that property go! In 2011, my wife shared that she wanted to own a condo downtown and rent it … [Read more...] about House Hacking 2020: Make More Money With Less Down and Live For Free
Townhouse vs Duplex vs Condo – 5 Major Differences You Need to Know
The "American dream" typically features the single family detached home, with the allure of privacy, yard space, and a white picket fence. But there are many other options for home-ownership that are less talked about that may be a better fit for you and your family. Whether you're looking to buy a home for your family or an investment property, there are many different … [Read more...] about Townhouse vs Duplex vs Condo – 5 Major Differences You Need to Know
Extra Income Report: How We Made $3,394 in September 2019
Want to keep track of your finances? I recommend Personal Capital. It's more than just an expense tracker. It will help you set up a budget and keep track of your retirement portfolio and other investments too. Sign up for Personal Capital now and get an instant $20 bonus when you link an account! Welcome to the Wealthy Nickel Extra Income Report! Each month, I share all … [Read more...] about Extra Income Report: How We Made $3,394 in September 2019
12 Real Estate Investment Calculations Every Investor Should Know
Looking for a one-stop shop to all of the basic real estate investing calculations you'll ever need? Then you're in the right place! The math behind real estate investment calculations is really pretty simple. But sometimes the acronyms and jargon can get in the way (NOI, ROI, IRR, GRM...it's enough to make your head spin) Don't worry, we'll cut through all the clutter … [Read more...] about 12 Real Estate Investment Calculations Every Investor Should Know
Groundfloor vs. Fundrise: Real Estate Crowdfunding Review
Are you looking for ways to diversify your investment portfolio into real estate? Maybe even boost your returns? In case you haven't heard, crowdfunded real estate is here to stay. And there are so many options out there it can be hard to narrow down your choices. There are two platforms I really like and have personally invested in, so I wanted to bring you the inside … [Read more...] about Groundfloor vs. Fundrise: Real Estate Crowdfunding Review
How I Made a 344% Return Investing in Multi-Family Apartments
I've used many different forms of real estate investing to build wealth for my family, but I've never ventured into apartment complexes. Today I wanted to let my friend Jeff share his story with you of investing in multi-family apartments, and how he is able to make huge returns by buying and adding value to existing buildings. If you want to learn more about my own real … [Read more...] about How I Made a 344% Return Investing in Multi-Family Apartments
Is Investing in Real Estate Worth It? (6 Lessons from an Actual Investor)
Real estate is a hot asset class these days. Everybody wants to own rental property. But is investing in real estate worth it? Normally I would say yes, of course it is. After all, 70%+ of my personal net worth is tied up in real estate! But you caught me on a bad day (or bad couple of months). It seems like everything that could go wrong is going wrong at my rental … [Read more...] about Is Investing in Real Estate Worth It? (6 Lessons from an Actual Investor)
