Is your credit score important? Oh yes, very much so, especially if you plan on convincing a lender on planet earth to give you money. Your credit score is the foundation upon which decisions are made by mortgage lenders, Visa companies, department store credit cards...
We recently defined RV Ratio and how to use it to make sure your prospective rental property investment is sustainable from a cash flow perspective. Of course, RV isn’t the ONLY factor to consider. Here are a few others. Another big consideration to insure the...
We’d chisel it on Mount Rushmore if there was enough space, “Real wealth is created by buying and holding income properties.” What’s that sound? Probably property flippers jingling a few extra dimes in their pockets. Sorry to be the bearer of bad news but, as a...
When the Federal government bailed out Fannie Mae and Freddie Mac, the DOW soared 300 points and then plunged 300 points the next day. Lehman Brothers, a 158 year old company, filed for bankruptcy and the markets dropped 5% in one day. The inauguration of hope has...
If you are a rental property investor, you’re actually a commodities investor! Think about it. Isn’t a structure built on land simply a collection of various commodities arranged in a particular order by professionals to resemble a house, apartment building, or strip...
