Single Family rental homes are a simple way to create Passive streams of income, but there is a path that should be followed in order to achieve success in single family investing. Today, Mike Harrison breaks down that path into a simple-to-follow "countdown" to ownership.
Is a recession coming? The bond yield curve inverted this past week and historically a yield curve inversion is a reliable signal of a coming economic slow-down or even recession. What can you do to prepare? Andy Webb talks about getting your cash ready, getting educated, and dives into a focused discussion on how to secure that next rental house, whether or not a slow down occurs.
According to USA.gov, retirees in the United States live an average of 20 years into retirement. That same article refers to needing 80% of your pre-retirement income to live comfortably for those years. So, Al Gordon has one question for you: what's your plan to save for that retirement? He has the answer too.
Del lists and provides personal commentary on two articles which provide "10 financial commandments" to live by in your 20s and 30s. Don't miss this as he measures these rules against the reality he lived, which was retiring at 34 years of age as a self-made multimillionaire.
Hurricane Katrina forced a very difficult situation for Joe and Stephanie's family. After helping his company recover from the fallout of the hurricane, Joe found himself without a job. A single-income family at the time, there was no question he needed to find new work, and fast. What he did question though was how a career, which had only ever consisted of steady raises and promotions, suddenly vanished. The search for new work defined the rest of Joe and Stephanie's lives, but not because of landing a new job, but by making the move to real estate investing.
It's vitally important to have the right team on your side throughout the single family investment process, and primary to that team is your general contractor. A great GC will guide you through the process and take care of everything from paint color, to flooring choice, to upgrade level based on neighborhood comparables. With the right GC, the investor can focus on the math and the process, without getting bogged down in the minor details. Mike Harrison would know. He's had this very experience with Finishing Touches Founder, Blake Johnson. Learn about the rehab process with their interview today.
Lifestyles Unlimited is the home of the roadmap to retirement in five years or less using real estate investing. Thus, we've learned a thing or two about honing the best practices of this form of investing. Andy Webb discusses 10 areas to improve your real estate business and operate more like a Lifestyles Unlimited member.
Del’s rise from humble beginnings to that of an award winning real estate investor and a successful entrepreneur required many things, one of which was an ability to find the right answers from the right people. This show is about embracing actionable knowledge over titles and/or presumed expertise.
Over Lifestyles Unlimited's 28 year existence, we have pioneered a model of real estate investing that focuses on team work, and not individual sacrifice (like doing your own renovation work), to better leverage your time, money and knowledge. Today, Al Gordon discusses this science of investing.
The stock market dropped 800 points in one day. "That's like your spouse comes home and just dropkicks you, and while you're down, picks up a frying pan and hits you two more times" says Del. Today, he defines why so many stay invested in the stock market when it's clear they should leave.
So, imagine taking the summer off of work. Now, imagine you don't want to go back. As it turns out, multifamily real estate is the best vehicle for never going back. How do we know? Gerard did just that.
Making the right choices regarding Social Security benefits is a daunting task at best. Most pundits today provide a solution asking you to work until you are 70 in order to maximize your benefits. Mike Harrison says this is not your most favorable course of action, because at the end of the day the additional benefits are miniscule. Especially, when compared to passive income through real estate.