Ever dream about starting your own real estate investing business? According to Kabbage ,   a financial services and data platform, 85 percent of small business owners believe that being your own boss and owning a business is achieving the American Dream.   Starting your own business as a r eal estate investor, can be a great way for you to achieving your dreams.   But how to start?  One way that does not require much capital, is called wholesaling.  Wholesaling is the term used to describe your part in a real estate transaction.  Basically, you are the one that finds a property deal, negotiates the contract for that property and then offers to sell that property or assigns it to a third person or party, who intends to fix-n-flip it.   There are two aspects of wholesaling and they include 1 - finding property deals and 2- having or building what is called a buyer's list, in effect they are the ones who buy the d...

U.S house flipping reaches 11-year high in 2017 Attom Data Solutions in a recent article stated that U.S. home flipping was at an 11-year high with as much as 200,000 homes flipped in 2017.  So what is house flipping or a fix-n-flip?   It's a real estate transaction that you purchase a property below market value,  remodel or rehab it and then sell it for profit.  Using the risk/reward ratio, t he risk is that you make a profit and the reward is that you made a profit.   Several things need to occur to create a successful fix-n-flip and we are going to address them here.   Everyone has an opinion on fix-n-flipping; some claim it’s a great way to create supplemental income; while others claim it is another speculative-type money scheme to lose money. The truth is, of course, in the middle!   The theory is that you find a property that’s undervalued and you buy it, then you rehab or remodel it and finally sell it to someone else. ...

THE BABY BOOMER RETIRING Now more than ever in history the number of Baby Boomers retiring is astronomical. It is estimated that 10,000 people will retire every day for almost the next two decades. The reality of retiring may not be what we once thought.  Most retirees are faced with the tax consequences of registered savings vehicles, the plans we were told would supplement retirement at lower tax rates.  Others who lost a large part of their investments in the crash of 2008 because we were told equity and mutual fund investing was the way to go. The only benefactors of these so called retirement   plans seems to be the government and financial institutions.  According to  Bloomberg ,  32% of Americans 65 to 69 and 19% of those ages 70-74 are still employed.  There can be many factors for this statistic; but financial considerations is probably to most common.   Add the social and economic factors that we are living lo...

From the Bible - Job 42-2  "I know that you can do all things; no purpose of yours can be thwarted." With anything in life, you need to have a purpose!  We all want things, achieve things and work for things; this all can be manifested by having a purpose.  Without getting too philosophical, it really means your "why" you do things.  Without purpose, your energy will become negative, negative energy will manifest into many things like loss of self-confidence and the loss of self-confidence will make your feel depressed, anxious or non-productive.  The first thing we must realize, we all, as individuals, have the right of choice!  You decide when to get up, if you want to get up or if you choose stay in bed.  We can often camouflage our choices into false obligations, like being a parent who has to get up because one has young children, as an example.  In the end, if we simplify things, if you can accept the idea that you have choices an...

Growing your money! Better Homes and Gardens posted in a rent article that 89 percent of U.S. investors are interested in putting their money into real estate.  There are two ways of doing this and that is the conventional way or the non-conventional way. Conventional is using financial institutions to finance or leveraging your own money for the purchase of properties for uses other than personal.  It can be to build an investment portfolio or to create passive income.  Passive income means that the income you receive from your investment is generated other than by you.  In other words, holding a rental property will create rental income and after expenses, the net income is your passive income.  You did not personally use your own sweat and tears to generate it  unlike where you work , you are compensated for your time and effort. The idea of creating passive income is that if you have enough of it, it can supplement your income or provide ...