So you’ve decided that real estate might be one of the routes you are going to take to move closer to financial freedom? Maybe you’re very handy and maybe you’re not, but inevitably a question that is likely to come up is that of hiring a property manager. Now the question becomes… Is a property manager worth the money? I currently have one rental house that I’ve owned since 2003 and started renting out in 2009. I bought it with the intent …
The phrase “Other People’s Money” comes up regularly on different websites, especially on those that are trying to help you get financially free. And there’s a good reason for that… You can get rich much quicker when you are using “Other People’s Money”! I first heard the phrase “other people’s money” from Robert Kiyosaki’s books. As you’ll hear me mention quite often, Kiyosaki has been a great influence on me throughout the years. When you think about it, using other people’s money (OPM) …
When I was in college, I got my first credit card… and then a second one. Over time, I started using those credit cards a little too much – grabbing the check when out with a bunch of people for dinner, buying all the stuff I “needed” (which I later realized were just wants), etc. Boy, was I the life of the party! This, of course, got me into debt… but I’ve always been pretty organized. So throughout my college years, …
I’ve always been fascinated with money and have always been good with it. I always did what I thought you’re supposed to do… save it. Well, over the years, I’ve learned that that’s only a small piece of what you need to do if you want to retire early. Sure you can save every penny and live like you’re in poverty for your whole life, but who wants to do that?! I’m not here to tell you that you have …
