But it was dirt cheap!
[…] This is how he found his latest deal: a $20,000 duplex in Oklahoma. My first question was – WHY? As you know, I’m firmly against buying investment properties out of town, especially when […]
Real estate business
Why do you own rental properties?
[…] Ideally, you want to have all three, but sometimes it’s not the case. Investors often debate which is more important to have: cash flow or appreciation. One thing, however, is not debatable: tax benefits is […]
The Tale of Two New Investors
[…] Andy must have read Napoleon Hill or Robert Kiyosaki and acquired “millionaire mindset” or whatever populist mantra they believe in. This is not my explanation, though. Here is mine, based on my 20 years of watching hundreds of […]
10 habits you wish you started from the beginning
[…] Carefully examine what you were charged on the front end, what you were charged at payoff, and what you paid in between. I can’t tell you how many clients reported that the lender said ‘oops’ once confronted with the client’s own calculation. […]