I was once asked by my barber how I would define financial freedom. I pondered it for a minute and realized that for me, financial freedom was the flexibility to go to the barbershop anytime, any day of the week. My life isn’t controlled by a nine to five job and I don’t have to deal with the … [Read more...]
How to Turn 2 Houses Into 34 Apartment Units
It's common for residential real estate investors to sell a single-family home and buy a duplex, triplex or fourplex. Although this can help you to your goal of financial freedom, it keeps you in the residential investing market which is not nearly as lucrative as commercial real estate. In this … [Read more...]
1031 Exchange Case Study
Selling your single-family home rental and trading into a large commercial property without paying capital gains taxes is among the greatest wealth building tools that exist today. Allow me to explain. I took my single-family rental and a little cashflow, and I sold it. I took 100 … [Read more...]