Only Invest in Cash-Flowing Properties?
A reader asked if it is best to only invest in a cash-flowing properties. The answer is “most of the time, but not always”. There are many considerations from the location, your personal situation, the macro economic fundamentals, to local regulations. What is a...
Get What You Want with a Kinder Brain
My brain is not always kind to me. It tends to be abusive and worries too much. Today, it ends; I will train my brain to be my cheerleader and help me achieve what I want in life. The Unkind Brain 🥺🧐🤯 A lot of negative self-talk lies in the unkind brain, sabotaging...
Should Parents Renovate & Rent The Family Home?
"Should My Parents Renovate and Rent The Family Home?" Many readers ask me variations of the same question regarding getting more value out of a home they already own. Read on for my answer. The Question Dear Marc, I have seen people make Real Estate Investments on...
The Zone: Productive Happiness Through Work and Play
My friend suggested I seek “The Zone” several times a week. I liked that advice, since it encourages you to seek it out, recognize it, and incorporate it into your life in a balanced way. If more people lived this way, more present, and more conscious of their time spent in the Zone, I believe the world would be a better place.
Eliminate Your Enemies
The world has enough negative energy. The news, social media, businesses, and politicians all conspire to turn us one against another, to create enemies where none need to exist. It is possible for you to take an “enemy inventory” and make a better life.
Work on Your Business, Not In It
The freedom of not having a boss is a motivating factor for many people who start a new business. The dream is to have lots of free time through financially independence. One common mistake entrepreneurs make is that they work in the business more than they work on...
When Everything Changes. What to do Next?
Lately, I have found myself asking “what do I do next”? A series of events outside of my control have unbalanced the stasis of my life. Many of these incidents can be considered negative, but I look at it as an opportunity for self-reflection and change. 6 Months of...
Profit From Your Basement with No Money Down
It is possible, with no money down, to turn your basement into a rental and get a tenant to pay for it plus some extra profit! This is great for young people buying their first house, older generations on fixed income, or the typical real estate investor that wants...
Pay Less and Be Happy
Once you discover how to pay what you want to pay, your life costs less. This brings more money, brings more time, earning you the best chance at happiness. When you want to buy something, it typically has an asking price. A car may be listed for $50,000, a house...
COVID: Is My Money Safe with Real Estate?
The COVID Pandemic, government shutdowns and media headlines all conspire to create fear in the future of real estate investments. The truth is that well managed properties in great locations with steady tenants are still a great place for financial safety while risky and speculative investments will feel lots of pain. The fundamentals of real estate investing are more important now than ever.
COVID: Healthy Screen Time Nutrition
Before COVID 19, “Screen Time” was the great evil, rotting our brains, eroding the lost art of conversation, and keeping us lonely. And yet, during this time of isolation, technology is keeping us connected, working, and staying healthy. So, “Screen Time” itself is...
COVID: Should Tenants Pay Rent?
The COVID Crisis has helped many tenants and landlords demonize the other. The truth is that both groups are suffering, and it takes mutual respect and cooperation to work through and beyond the crisis. Read on for perspectives on both landlords and tenants, and how...
COVID: What To Do When Interest Rates Drop
COVID has resulted in a sudden drop in interest rates. In times of fear, many people are paralyzed and end up doing nothing. At this time, there are things you can do, and things you may want to avoid (like mortgage deferrals). Read on for tactics that you can...
Buy Real Estate with No Cash Down
Promoters love to use the “No Cash Down” headline to get you to buy a book, buy a webinar, attend a seminar, or read their blog post ;). Typically, you need to jump through hoops to get the answer. Read on for one strategy that allows you to use the equity in your house to invest in another one.When you buy a house with 0 money down, your return is effectively infinite, but your risk is much higher. The key is to make effective use of your lenders, who are willing and eager to lend you money because they know if you cannot make payments, they can always take back the real hard asset.
Guest Appearance on The Real Estate Espresso Podcast
I am honoured to have been recently interviewed on Victor Menasce’s Real Estate Espresso Podcast. In this 15 minute interview, I share my Commercial Strip Mall insights, tactics, and history. I hope you enjoy! His every weekday 5 minute podcast and weekend 15 minute guest interview format is the perfect alternative to my usual long form audio books and podcasts.
The Team You Need to Invest in Real Estate
Whether you are investing in a house, condo, or even commercial property, you will need a team of people. The better the team, the more successful your outcome. You can play some of these roles yourself, or subcontract them. The decision on which ones to do...
$100 now or $500 in 5 years?
The totality of all our investing decisions combine to create an overall picture. That is the true picture. Strategies like diversification, risk tolerance, and hedging can be used to lay the foundation for a solid future. All this, on top of a low-risk income-producing base of assets, can let you sleep well night.
What Kind of Underdog are You?
“The important thing in life is not triumph, but the struggle; the essential thing is not to have conquered but to have fought well.” Pierre de CoubertinI love that quote from Pierre de Coubertin, who is considered the founder of the modern Olympic Games. The Olympic Games is all about standards set by others. It clearly measures who is best. At the same time, the founding father tells us to focus on the struggle, not the outcome. This quote may be the perfect explanation of why we sometimes confuse the fantasy and realistic underdogs. It can help us reset our expectations of ourselves.
Saying No and Feeling Good About It
So, many times you end up overloaded. You forget about the finite capacity in your life. Saying “yes” to everything has become dangerous and ends up disappointing yourself and others. It is so easy to get there.Ultimately, the situation you are in is generally a result of all of the decisions you have made.
3 Ways You Make Money Renting Out a House
When done right, Real Estate Investing pays off in 3 ways. The first is the cash flow that increases your bank account balance every month. The second is the mortgage pay down that is yours every month. The third is the appreciation (increase in value) of the property. Add time to the mix, and all three can actually form the basis of a terrific return on your investment.
Recent Posts
Only Invest in Cash-Flowing Properties?May 16, 2021
Get What You Want with a Kinder BrainMarch 6, 2021
Should Parents Renovate & Rent The Family Home?November 28, 2020
The Zone: Productive Happiness Through Work and PlayNovember 1, 2020
Eliminate Your EnemiesOctober 18, 2020
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