17Feb 2024 by Bill
Buy Rental Properties Now, it’s Passive Income! Is that True?

Buy Rental Properties Now, it’s Passive Income! Is that True?

Real Estate
Passive income is the holy grail for many investors, offering the allure of earning money while you sleep. Does owning rental properties provide for passive income? Maybe, but just how passive are they? In this blog post, we'll explore the reality of owning rental properties and evaluate the level of passivity they offer. We'll cover the process of buying a property, hiring a property manager, managing a property manager, annual costs, tax benefits, and conclude with a discussion on the level of passivity for those close to or in retirement. What is Passive Income? Passive income is income that requires little to no effort to earn and maintain. It's money that comes in regularly with little to no effort on the part of the recipient. Rental properties are often considered…
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10Jul 2019 by Bill
Commercial Financing – Your First Deal

Commercial Financing – Your First Deal

Real Estate
The center of U.S. Finance markets, Wall Street in NYC. So, you've searched like crazy to find a deal. You were bold enough to submit your LOI. Now it's accepted and you've got to figure out your capital stack. Financing multifamily properties (over 5 units) is a little different from a single family house. Typically the interest rate is higher, the amortization period is shorter, and there is usually a 'term', this means your loan is due in full (balloon payment). For smaller loan amounts (under $1M) local banks and credit unions are a good option. They like to support their community and these portfolio loans are a great revenue source for them. But, if you're an out of state investor, how do you get them to approve you? Relationships…
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04Jul 2019 by Bill
5 Advantages of Buy & Hold Real Estate Investing. Get some Now!

5 Advantages of Buy & Hold Real Estate Investing. Get some Now!

Real Estate
In this blog post, we'll explore what Buy & Hold Real Estate is, why it's a powerful wealth-building tool, and the five undeniable advantages it offers. What is Buy & Hold Real Estate Investing? Buy & Hold Real Estate is a long-term investment strategy where investors purchase properties with the intention of holding onto them for an extended period, typically five years or more. Instead of flipping properties for quick profits, Buy & Hold investors focus on generating steady rental income and benefiting from long-term appreciation. This strategy requires patience, discipline, and a long-term perspective, but the rewards can be substantial. Advantages of Buy & Hold Real Estate: 1. Long-Term Appreciation: One of the most significant advantages of Buy & Hold Real Estate is the potential for long-term appreciation. Historically,…
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