Property Management: DIY or Outsource?

Property Management: DIY or Outsource?

Listen to the Get Rich Education podcast here or get our listener phone app: Without sound property management, your portfolio begins to die a slow death. Though it’s interesting to “go macro” and follow J-Powell’s high-level Fed moves or study...
New Construction vs. Existing Rental Property

New Construction vs. Existing Rental Property

What’s better: existing or new construction rental property? Like with most real estate answers: “It depends.” Before we look at your trade-offs with each type, understand that new construction turnkey property was almost non-existent until recently....
What’s A Cap Rate?

What’s A Cap Rate?

If you own real estate that you rent to someone else, understand a real estate “cap rate”. Here’s why it matters to you. A real estate Capitalization Rate – or Cap Rate – is simply income divided by price. Let me get formulaic on you. But don’t worry. I’ll...
How “The Fed” Works In 3 Minutes

How “The Fed” Works In 3 Minutes

In the video below, I explain how “the Fed” works in just three minutes. Following the Fed is not a great spectator sport like watching the NBA Finals or seeing motorcycles jump off ramps. But their decisions affect your interest rate – which is your cost of...
Why You Must Acquire Wealth

Why You Must Acquire Wealth

Which group of people are typically better humans – members of a wealthy group or a poor group? Some say that money is the root of all evil. No, lack of money is the root of all evil. In the history of the world, no one has ever pulled up in a Rolls Royce to rob...

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