A lot of people have read Robert Kiyosaki’s books (and he has a lot of them), but this is the one that started them all. I think what endears people to Rich Dad Poor Dad is the story. It seems to me that whenever a non-fiction book teaches with stories, it does very well. So, […]
Tag Archives: income
Ebook Review An Interview With Sara Brown
EBOOK DETAILS File Size: 455kb Zipped, 513kb Unzipped. Number of Pages: 36 Format: Adobe Acrobat (.pdf) Subject: Interview Ebook with Sara Brown (see about the author for more details) Other Information: Also comes with “Internet Marketing Success: Off the Record” – An interview with Tony Shepherd” who is author of ‘The One Month Magnate.’ This […]
Can You Stay Home
One of the first things you have to figure out when you realize that you want to stay home with your kids is whether or not you can afford to do so. You are probably used to living on two incomes, so making the switch to a single income may not be easy. However, it […]
How To Build A Financial Moat With Real Estate
Ages ago, people lived in elaborate and magnificent castles that were often protected by moats. A moat is a wide, deep ditch dug around a castle to prevent enemies from overtaking the castle. By surrounding the castle with water, moats served as an effective deterrent and provided the castle with the security it needed to […]
Buying Investment Properties
Investment may be counted on the gross or the net basis. Net investment is gross investment minus depreciation. Investment may be ex-ante or planned or anticipated or intended investment; or it may be ex-post, i.e., actually realized investment, or when investment is not merely planned or intended, but which has actually been invested or implemented. […]
How Appraisals And Assessments Differ
Many people think appraisals and assessments are the same thing or at least that they should be for the same amount. The truth is they can vary greatly. Let’s look at each of them. Appraisals An appraisal is an estimate of market value. An appraiser can use many methods for coming up with this estimate. […]
Make Money As A Slumlord
Be a slumlord? Okay, I got your attention, now the truth. I really don’t recommend that anyone endanger their renters with unsafe housing. Much of what people call slumlording though, is simply providing reasonable housing for those with low incomes. It is of benefit to the renter AND the landlord. Why Do People Rent Dumps? […]
Learn The Basics Of Income And Expense Statements
As a commercial real estate insider, you will need to evaluate income producing properties. You do this by analyzing the income and expense sheets of the subject property in which you are interested. Income and expense sheets do not involve fancy finance or numbers, and you do not have to take a difficult finance class […]
Increasing Cash Flow
If you have an income producing property, the amount of money you are left with at the end of your property expenses is considered cash flow. Here is how it works . . . Lets suppose you own a duplex and your monthly mortgage payment including taxes and insurance is approximately $1200.00. Now lets suppose […]
Philippine Condotel Investments Us Road Show Sales Hit 8 9 Million
Beth Collingz, International Marketing Director for PLC Global based in Manila, lead Marketing Partners for the Lancaster Brand of Condotels in the Philippines, announced the companies recent US Road Show was another major success bringing in some $8.9 Million Dollars worth of sales for Lancaster The Atrium Condo Hotel as investors look at to solve […]
Sell Your Income Property For More
Selling income property isn’t like selling a house. You can paint a house, and get a little more because it looks nice. Rental property is different, because it’s bought by investors, who look at income more than new paint. Raise income, and you increase value. Let’s assume investors in your area expect a capitalization rate […]
Philippine Apart Hotels Set To Outstrip Traditional Buy To Let Market
Beth Collingz, PLC Global Marketing Director of PLC International Marketing Networks, the lead marketing partners for Pacific Concord Properties Inc Lancaster Brand of Condo Hotels in the Philippines says Apart-hotels or Condotels as they are know locally are really growing in popularity among British and European investors. In the last two months alone we have […]
Buy To Let Rental Properties
Condotel Investments in the Philippines, Buy to Let rental properties are now being preferred to failing Pension Plans as more and more Filipinos and Overseas Property Investors look to the future and retirement. 20 Dollars a day for 6 years will buy you a Studio Condotel unit in the Philippines with a projected ROI through […]
Real Estate Investing Guide The Difference Between Income Tax And Property Tax
Just like in any other business, real estate investing would require you to pay different kinds of taxes. Two of which are income tax and property tax. To know the twists and turns of real estate investing, you should know what these taxes are, when do you pay them and their difference. Income Tax As […]
Real Estate Math Do You Know These Simple Formulas
How much real estate math do you need to know if you are investing in real estate? There are computers and calculators for calculating interest rates or amortizing loans. What you need to know is a few simple formulas for determining if a property is a good investment or not. The Real Estate Math You […]
Buying Rental Property Avoid Seller S Tricks
Be careful when buying rental property. We stayed at a motel for a week one winter. The bill showed twice what it should have, but since I already paid the correct amount in cash, I thought nothing of it. When we noticed that the lobby and swimming pool were unheated, we thought it was frugality. […]
Buy To Let Rental Property
Condotel Investments in the Philippines, Buy to Let rental properties are now being preferred to failing Pension Plans as more and more Filipinos and Overseas Property Investors look to the future and retirement. 20 Dollars a day for 6 years will buy you a Studio Condotel unit in the Philippines with a projected ROI through […]
Why Room Rentals
Room rentals? Why would you want to make your home into a boarding house? Maybe you shouldn’t. I enjoyed having people living in my house, and most of them became friends. On the other hand, you might not like that arrangement. I hated being a landlord when I owned rentals that were not my home. […]
Buying Investment Property
First a little story about buying investment property. My wife and I stayed at a motel in Tucson for a week one winter. Our bill was for twice what it should have been, but since I already paid the correct amount in cash, I thought nothing of it. During our stay, we noticed that the […]
Learn The Three Ratios That Are Used To Determine Commercial Lending
Getting money for your commercial project can be quite a challenge if you do not know how to analyze and present the property properly to a commercial real estate lender. Before presenting your property to a potential lender it is important to determine the most probable ratios that the lender is going to use in […]