Master Your Personal Finances. Build True Wealth. Live A Better Life.
Investing in the foreign currency market can be lucrative. However, it is not without risks, especially for people just starting out. Many years ago, the foreign currency market was only open to large traders, such as multinational companies, banks or other entities with big sums of money to invest. Now even people with small amounts [...]
Everyone wants to gain financial independence of course. But very few people actually have it, or take the steps to achieve it. Luckily it is actually very simple once you get started. Financial independence should not be confused with being wealthy, it simply means that you are comfortable in your financial shoes so to speak. [...]
Investing in rental real estate is one of the greatest and most trusted methods for creating long term wealth. Owning and operating rental properties brings with it the benefits of capital growth, cashflow and significant tax savings. A successful investment strategy for real estate involves many different things but I have compiled my list of [...]
In the first two posts, I talked about tax incentives for owning rental real estate and I also discussed earning money on rental real estate through Cashflow. In this post I will be discussing the last way to earn income from real estate – through capital appreciation. The other day I stopped by the bank [...]
In my first rental real estate post, I talked about tax incentives for holding rental real estate and I also touched a little on operating income. In this post I will be discussing the second way to earn income from rental properties – through operating income. Operating income refers to all the cash proceeds received [...]
In this series of blog posts, I will be discussing the powerful benefits of owning rental real estate. My strength is in single family rental homes, so my examples will reflect my current knowledge and expertise. Real estate investments have gotten a bad rap since the real estate market crashed back in 2006. However, when [...]
