All About Money

This board is all about money. Budgeting, investing, rental property, frugal living, debt, money management, making money, passive income, and more!
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This Q&A episode of Investing in Real Estate features three of your great questions on setting up LLCs, finding a tax accountant who understands real estate investing, and why timing the market can’t help you reach your goals. Click play to hear my answers to your real estate investing questions!
What State Should My LLC Be In?
This Q&A episode of Investing in Real Estate features three of your great questions on setting up LLCs, finding a tax accountant who understands real estate investing, and why timing the market can’t help you reach your goals. Click play to hear my answers to your real estate investing questions!
Knowing about interest rates is an important financial life hack for real estate investors. We’ve seen mortgage interest rates all across the board over the past few years. From a historical low in early 2021 to a recent peak at 8%, there’s been a lot of fluctuation in the market. And of course, this impacts the housing market in a number of ways.
Do Interest Rates Matter for Real Estate Investing?
Knowing about interest rates is an important financial life hack for real estate investors. We’ve seen mortgage interest rates all across the board over the past few years. From a historical low in early 2021 to a recent peak at 8%, there’s been a lot of fluctuation in the market. And of course, this impacts the housing market in a number of ways.
One of the best real estate tips you haven't heard about is turnkey properties. Investing in real estate on your own can yield considerable profits, but it’s also very time-consuming. Turnkey properties, by contrast, offer a quicker, hands-off approach and often produces a higher ROI.
Turnkey Properties Explained: Why They Are a Smart Choice for Real Estate Investors
One of the best real estate tips you haven't heard about is turnkey properties. Investing in real estate on your own can yield considerable profits, but it’s also very time-consuming. Turnkey properties, by contrast, offer a quicker, hands-off approach and often produces a higher ROI.
One of the best real estate tips you haven't heard about is turnkey properties. Investing in real estate on your own can yield considerable profits, but it’s also very time-consuming. Turnkey properties, by contrast, offer a quicker, hands-off approach and often produces a higher ROI.
Turnkey Properties Explained: Why They Are a Smart Choice for Real Estate Investors
One of the best real estate tips you haven't heard about is turnkey properties. Investing in real estate on your own can yield considerable profits, but it’s also very time-consuming. Turnkey properties, by contrast, offer a quicker, hands-off approach and often produces a higher ROI.
a potted plant with the words how to choose a high interest saving account
How to choose a High-Interest Savings Account (HISA)
High-interest savings accounts are the best place to keep your short-term savings and emergency fund. They allow you to earn interest on your money while it sits in the account. Here's a guide on how to choose the best HISA and tips for both Canadians and Americans looking to open one.
a hand holding a money bag with the words, this financial freedom formula changes everything
This Financial Freedom Formula Changes Everything
When it comes to creating wealth and achieving financial freedom, investing in real estate is one of the most powerful strategies. But if you’re a beginner, it can be hard to know where to start. Here’s the truth: there’s not one way to build wealth, there’s only YOUR way. This is empowering because it allows you to use your strengths, your resources, and your unique goals to map out a plan.
an advertisement for a real estate investment firm with the title five reasons your 401k is done
Your 401k Is Doomed: 5 Reasons Why
The 401k has had its heyday, and it is never coming back. Many people think of the 401k as the ultimate retirement plan in the US, but the truth is, it’s not a reliable source for retiring in this day and age.
an advertisement for a homeowning company with a woman holding out her hand to the model house
How to Replace Your Income with Performing Assets
So if you want to work toward replacing your salary with performing assets like rental properties, this episode is for you. And listen, this isn’t just some pie in the sky idea. I’m sharing the exact formula I used to leave behind my day job – and I’ve watched other investors do it too. Click play to learn how to replace your income with performing assets!
someone holding up a red paper house with the words how can i find a fairy price?
How Can I Find a Fairly Priced Property?
Today’s featured questions cover topics like buying a property at a fair price, my thoughts on buying a second property, and what we do at Morris Invest. Click play to hear my answers to your great investing questions!
Real estate investors need this financial life hack before you get started. When you are evaluating cash flow on a property, you must assure that your rental income will cover all expenses such as taxes, insurance, property management, and any debt you take out on the property. After you subtract those expenses, what is left over for you is your profit. Generally, at least $100 in profit per rental property makes it worth doing. Rental Income, Selling Real Estate, Starting A Business, Passive Income, Real Estate Investor, Investing, Income, Insurance
How Much Profit Should You Make On A Rental Property?
Real estate investors need this financial life hack before you get started. When you are evaluating cash flow on a property, you must assure that your rental income will cover all expenses such as taxes, insurance, property management, and any debt you take out on the property. After you subtract those expenses, what is left over for you is your profit. Generally, at least $100 in profit per rental property makes it worth doing.
The best financial life hack comes from knowing time is money. Long-term mortgage rates have declined for the third consecutive week, falling slightly below 7%. This marks the first time since mid-April that the average rate on a 30-year mortgage has dropped below 7%, providing a modest relief for prospective homebuyers and investors who have been dealing with high mortgage rates, surging property prices and limited inventory in the housing market. Mortgage Rates, Mortgage, Property Prices, Home Buying, Investors
Mortgage Rates Fall Below 7% – Investors Grab Available Properties to Lock in Lower Rates
The best financial life hack comes from knowing time is money. Long-term mortgage rates have declined for the third consecutive week, falling slightly below 7%. This marks the first time since mid-April that the average rate on a 30-year mortgage has dropped below 7%, providing a modest relief for prospective homebuyers and investors who have been dealing with high mortgage rates, surging property prices and limited inventory in the housing market.
You can purchase property with multiple partners by finding real estate investors who can contribute actively through hands-on participation, or passively by providing capital. To formalize the partnership between all parties, a solid agreement should be drafted by a legal team to define roles, percentages of ownership, and other stipulations.
How to Buy Property with Multiple Investors
You can purchase property with multiple partners by finding real estate investors who can contribute actively through hands-on participation, or passively by providing capital. To formalize the partnership between all parties, a solid agreement should be drafted by a legal team to define roles, percentages of ownership, and other stipulations.
Many travelers typically choose a short-term rental property over a hotel because they want the same conveniences of home while they’re away. Staying at a rental home can be more relaxing and comfortable than a hotel and can also house a larger amount of people. When choosing a rental property, the way a home is furnished can have a major impact on whether or not renters will want to stay there. Follow these tips below when furnishing your rental property. People, Rental Property, Rental, House Rental, Property, Hotel
How to Furnish a Rental Property
Many travelers typically choose a short-term rental property over a hotel because they want the same conveniences of home while they’re away. Staying at a rental home can be more relaxing and comfortable than a hotel and can also house a larger amount of people. When choosing a rental property, the way a home is furnished can have a major impact on whether or not renters will want to stay there. Follow these tips below when furnishing your rental property.
an advertisement for the first rental property
How to Secure Funds to Purchase Rental Properties at Zero Interest
It’s not often that I find a rental strategy so incredible that I HAVE to share it. If you’re looking for a way to purchase a rental property, whether it’s your first or hundredth, this strategy can help you grow your portfolio.
the front cover of an apartment brochure with blueprints and pencil on it
3 Property Upgrades with a Reliable ROI
Tenants search for properties with affordable rent, of course, but they don’t make a decision based on that alone. They’re browsing for rentals with attractive features and renovations that separate their selection from similar buildings. It presents a problem for investors like yourself.