…and ended up with an amazing assistant. She works remotely about 60 hours per month and handles all my contracting, invoicing, scheduling, email follow-up, contact management, etc. Once I delegated…
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We Bought House #4! Check it Out!
…But vacancies, maintenance, repairs, taxes, insurance, and management will take a huge bite out of your gross profits. There’s a broad rule-of-thumb known as the “50% Rule,” which states that…
The biggest myth that keeps real estate investors from starting …
…for a particular residence, divide the price of that specific property by its rent. My apartment in Manhattan, New York, for example, has a P/R ratio of 28, which tells…
Should You Buy a Vacation Rental?
…towels, rolls of toilet paper, organized kitchenware. You’ll spend a lot more time responding to customer requests, cleaning during the “turnover” period, and scheduling check-ins and check-outs. People will contact…
#85: How to Side Hustle Your Way to Success, with Nick Loper
…people to turn their car, home and/or time into extra cash. But beyond those obvious examples, there are plenty of sharing-economy websites that niche down into higher-paying specializations, such as:…
I’m Investing 100 Percent of My 2012 Income
…the new garage door. In addition, we also bought materials such as paint, primer, caulk, drywall compound, vinyl flooring, decking, cement, roof shingles, screws, nails, and LOTS of wood. I…
The AirBnb Experiment: How I Impulsively Started a Vacation Rental Business
…Coffee table Bedside end table Reading lamp Kitchen table and dining-room chairs Plates, bowls, spoons, forks, knifes Pots, pans Mugs, glasses Coffeemaker But after I began furnishing the space, I…
#200: What I’ve Learned from Interviewing 500 Millionaires — with Jaime Masters of Eventual Millionaire
…Jeep CJ7 with 36” tires, several kayaks, and a premium cable subscription. The result? They found themselves in massive debt, with a combination of vehicle loans, student loans, and a…
17 Lessons to Improve Your Money & Life
…flipping, wholesaling, tax liens, residential, commercial, offices, warehouses, mobile home parks … Nah. Don’t attempt everything. Pick one niche and one strategy. Focus there. Let the rest go. My niche…
We Bought a Third Rental House!
…to the front porch! Much better! The LowDown The basic stats are normal: 3 bedrooms, 1.5 baths, built in 1965, neglected and needs repair. Up to this point, the description…