How much income did I earn through real estate investing last month?
And how much time did it take?
I’m back for another round of baring my financial books to the world.
Ready?
[…]
Category: Real Estate
How Much Can You Earn from a Rental Property? Here Are My Numbers …
How much can you earn from a rental property?
The sketchy late-night-TV gurus claim you’ll be blowing your nose with $100 bills.
The naysayers claim you don’t earn jack-diddly-squat.
Reality is in the middle.
[…]
Radical Real Estate Transparency: Here’s What I Earned in October
Hey everyone —
I’ve been deliberating for months — nah, years — about whether or not I should open the books to my rental property business, giving everyone a behind-the-scenes look at all the numbers.
Getting financially naked is scary. But I think it’s necessary.
[…]
Behind-the-Scenes: How I Manage Real Estate from Around the Globe
“Are you going to sell your properties?”
Now that I live in a different state than my rental investments, I hear this question a lot.
But people with the long-term Afford Anything mindset might phrase this differently. Instead of “will you sell?,” the better question might be, “how can you hold?”
How will I […]
“I Want to Create Passive Income, But I Don’t Know Where to Start” — Part II
This is Part II of the Passive Income for Beginners series. Start by reading Part I here.
When I quit my 9-to-5 job, I had no concept of passive income.
Like most people, I conceptualized money in terms of time: “they pay $25 per hour” or “she makes $60,000 per year.” When I quit […]
“I Want to Create Passive Income, But I Don’t Know Where to Start” — Part I
Imagine this:
You hop on a flight to Brazil or Costa Rica or Thailand. You spend a month reveling in the sand and surf. You taste new foods. You discover new music. You spot wildlife you’ve never imagined.
You don’t check email the entire time. Heck, you don’t even post photos to Facebook. You’re radically offline — […]
10 Lessons I’ve Learned as an Airbnb Host
This article is Part 4 of The Airbnb Series. Before you read this, check out Part 1, Part 2 and Part 3.
Almost one year ago, I took the crazy leap into becoming an Airbnb and VRBO host.
Since then, I’ve earned $28,268.35. I’ve met some fascinating people from around this world. And yes, I […]
The Airbnb Experiment: 42 Guests, 1 Police Visit, and $19,000
This article is Part 3 of The Airbnb Series. Before you read this, check out Part 1 and Part 2, and when you’re done, visit Part 4.
Well, it’s happened.
Eight crazy months, 42 guests, one police incident, and $19,000 in gross income.
I’ve packaged the adventures, ideas and full disclosure of the numbers […]
How I Earned an Extra $40,800 in Two Years Without Lifting a Finger
Despite the fact that I have the best roommates in the world, I’ll occasionally remark, “I’m tired of having roommates.”
And Will replies: “Are you $1,700 per month tired of it?”
I don’t need to respond. The answer is obvious. The minor inconveniences — sharing a refrigerator, waiting to use the washing machine — […]
Five People, One Income, and Self-Made Success
Myth: If you’re supporting 5 people on 1 income (and it’s not a high income), you’re screwed. You’ll never become a business owner or an investor. You’ll be lucky just to pay the bills.
Fact: Ladies and gentlemen, meet success story: Rental Randy.
In my last blog post, I re-emphasized that the best […]
