How To Create A Million Dollar Net Worth In Ten Years or Less
Good news! Bigger Pockets, the leading site for real estate entrepreneurs, asked me to elaborate on some comments I made on their site last week. The next thing I know, I’m being asked to write an article. Here is the article Dave Ramsey is Wrong: You DON’T Need to Be Debt-Free to Hit Financial Freedom […]
Whenever someone says my home is an investment I cringe. It is all I can do to keep my mouth shut. I simply nod and think to myself “Does this person know the definition of an investment?” Here’s my definition of an investment. A small outflow that puts a massive inflow in your pocket […]
In the last post we discussed the importance of knowing your WHY. This concept is so important that I’m going to share my origin story. It is not as epic as Iron Man. I didn’t gain superpowers, unless you think my ten properties in ten years is superhuman. Maybe…just maybe..it will inspire you to buy, […]
On the last post, we discussed the tax benefits of passive income versus active income as applied to earning a $50,000 salary at your day job versus earning the same amount through real estate as a real estate professional. By ditching the commute to the cubicle, Passive Pia’s take home pay was 24% higher than […]
In 2013, the media went nuts when the third richest person in the world (April 2016) stated that his secretary was in a higher tax bracket than him. Wowza… How on earth could Warren Buffet say such a thing? Clearly, he must be a tax cheat. I bet he has some off shore bank accounts […]
