Money Management for Travelers

Do you want to travel the world? Quit your job and be a digital nomad? Or do you want to retire early in some far off land? No matter what your travel goals…
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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.
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.
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.
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.
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.
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!
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!
a man and woman standing in front of a blue sign that says how can i find a fairly priced property?
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!
a person holding money with the words how much money will you make from your rental property?
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.
a man in a suit holding a clipboard with the words why inventors need to buy houses now in spring 2012
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. Parties, Buying Property, Find Real Estate, Investors, Property, Early Retirement
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, House Rental, Rental, Hotel, House, Renter
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.
the words finding money for your 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 words 3 rental property upgrades that will earn you more
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.
a woman talking on her cell phone next to a car
How to Buy a Car in an LLC
You probably already know the importance of making business purchases in order to lower your overall tax burden. But sometimes, it can be difficult to determine what kinds of purchases can serve as legitimate business expenses. Recently, one of our listeners asked about the idea of purchasing a vehicle as a business expense.
an apartment building with the words 6 smart ways to require rental properties in 2024
6 Smart Ways to Acquire Rental Properties in 2024
If you’re wondering how to fund your next rental property purchase, I know it can be intimidating, especially if you don’t have a big chunk of cash sitting in your bank account. But the beauty of investing in real estate is that there are a multitude of ways to create and grow your portfolio.
yellow flowers with the words what spring mortgage rate mean for inventors on top of it
Spring Season Mortgage Rates Dip Signals Time for Real Estate Investors to Secure Properties
The real estate sector has experienced a modest but noteworthy change as the spring season mortgage rates experienced a drop, something the market hasn’t seen in over a month. Reports from Freddie Mac highlight this change, detailing that the average rate for a 30-year fixed rate mortgage lowered, moving from 7.22% down to 7.09% for the week ending May 9th.
a red house with the words are rentals better than fund?
Are Rentals Better Than Mutual Funds?
If you had $200,000 to invest, would it be a better choice to buy rental properties or mutual funds? On this Q&A episode, we’re going to compare these two scenarios to determine which would be a better long-term investment.