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
Real Estate
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)
Fundrise vs. DiversyFund – What You Need to Know
This post was written in partnership with DiversyFund. Wealthy Nickel Note: When I saw this article on another entrant into the real estate crowdfunding space I knew I had to share it here on the blog with you. It originally appeared on The Money Mix. Both Fundrise and DiversyFund provide a private REIT structure that allows them to give higher returns in exchange for less … [Read more...] about Fundrise vs. DiversyFund – What You Need to Know
Extra Income Report: How We Made $24,159 in May
Welcome to the Wealthy Nickel Extra Income Report! Each month, I share all the different ways we make extra income outside the 9-5 job. For a little background, I decided to share my side hustle income for a few reasons: To show you exactly how I make extra money while working a full time job To keep me accountable to my goals, and To inspire you to start your own … [Read more...] about Extra Income Report: How We Made $24,159 in May
Rental Property Accounting 101 – A Simple System for DIY Landlords
I have been a real estate investor for several years now, and I can't think of a time when anyone has gotten excited about the topic of rental property accounting. I've heard many exciting tales of finding the perfect deal, or negotiating through an impossible situation, or the ever popular tenant horror stories. But if you start talking about rental property bookkeeping, … [Read more...] about Rental Property Accounting 101 – A Simple System for DIY Landlords
Extra Income Report: How We Made $2,000 in April 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 $2,000 in April 2019
How to Invest in Real Estate With No Money (The Truth)
When I tell people I invest in real estate, I generally get one of two comments: Why would you invest in real estate? That's way too much work. I don't need that kind of stress in my life. I would love to invest in real estate, but I don't have any money. If you're in the first category, I get it. Investing in real estate is not exactly passive, but I enjoy (most) … [Read more...] about How to Invest in Real Estate With No Money (The Truth)
