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)
Real Estate
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)
Our First Rental Property (And How You Can Learn from Our Mistakes)
This is the anatomy of a rental property. Specifically our very first rental property :) If you've ever considered getting into real estate investing, read on to see how we did it, how much money we've made, and our mistakes along the way. In a previous article, I discussed how we got started in real estate investing. I talked about our mindset, why we decided to pursue … [Read more...] about Our First Rental Property (And How You Can Learn from Our Mistakes)
Our Simple Rental Application Form – Free PDF to Eliminate Tenant Drama
Are you looking for a rental application form that is simple, but also covers all the information which you need to select the right tenant for your property? Then you are in the right place! I think this is the absolute best rental application template out there (although it's mine so I might be a little biased). Keep reading to see how we use our application … [Read more...] about Our Simple Rental Application Form – Free PDF to Eliminate Tenant Drama
Extra Income Report: How We Made $15,258 in March 2019
Want to make extra money in your sleep? I recommend Drop, a new app that gives you cash back for doing your normal everyday shopping. Sign up for Drop now and get an instant $5 bonus! 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 … [Read more...] about Extra Income Report: How We Made $15,258 in March 2019
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. UPDATE: See Part 2 - How We Bought Our First Rental Property If you had asked me a few years ago if I would own rental properties, or if I … [Read more...] about An Accidental Empire: How We Got Started in Real Estate Investing
