Category

Investing

Investing in Multi-Family Apartments to Build Wealth

Investing in Multi-Family Apartments
Investing in Multi-Family Apartments

Creating Wealth by Investing in Multi-Family Apartments

Do you want to create massive wealth investing in multi-family apartments via investment real estate?

Let me show you how.

Most people believe the best way to build wealth in real estate is to buy a REIT (real estate investment trust), which you can easily buy on the stock market.

And there’s nothing wrong with investing in the stock market, or, buying a REIT for that matter, but, the serious wealth, the kind of money that propels you into the top 1%, is made by those individuals who understand the fundamentals of how to strategically value, buy, upgrade, and sell their own properties.

According to this Forbes magazine article, “How the World’s Billionaires Got So Rich,” real estate and business ownership are at the top of the list.

And that’s what I am going to explain in this post.

Continue Reading…

Index Investing for Beginners – Everything You Need to Know to Get Started

Index investing for beginners
Index Investing for Beginners

Index Investing for Beginners

Looking to get started with investing, but not exactly sure how to begin? Here’s a really helpful article that outlines the specific steps you can take, as a beginner investor.

It was written by my friend, Kevin, who blogs at Just Start Investing. (<– And if that isn’t the best suggestion ever, I don’t know what is!) By the way, Kevin’s blog was recently nominated for a Plutus Award in the category of Best Investing Blog. Be sure to check it out, because he has some amazing content on there!

And with that said, here is his comprehensive guide on how to get started investing for beginners.

Everyone should be investing in some capacity if they can. Whether it’s through a 401(k), a Roth IRA, or just a personal brokerage account, investing is one of the best things you can do for yourself! And if all those fancy numbers and abbreviations (looking at you, Roth IRA) mean nothing to you, don’t worry, we’re breaking down how anyone can get started in this index investing for beginners guide.

Before we get started, imagine this for a second… Let’s say when you were born you put $100 in your piggy bank. And every year for your birthday, you were fortunate enough to add $100 to that piggy bank (or your parents added it for you). When you turned 18 and went to withdraw that money, instead of it being $1,800, it was $3,700. Over double the amount you expected!

Magic! Right? Nope, that is the power of investing in the stock market which has historically provided 7% returns every year.

So now you’re 18, or 25, or 35, or 55, or however old you are today, and you want to set yourself up for a better future. Good! It’s never too late to start, and starting now is better than starting tomorrow.

So let’s start at the beginning.

Continue Reading…

How to Start Investing in Real Estate (with only $500)

Real Estate Investing with Diversyfund

Real Estate Investing 

This post was written in partnership with DiversyFund, and first appeared on The Money Mix.

If you’re a reader of personal finance blogs, you know that real estate investing is a hot topic. Bloggers plug and review companies like Fundrise, Realty Mogul, and PeerStreet. A relatively new, but highly competitive fund in this space is DiversyFund. The team at DiversyFund asked the team at The Money Mix to take a look at their fund. We’re glad we did.

What follows is a review of our findings and what we think makes DiversyFund unique in the marketplace. At the end of the post, we think you’ll agree that if you’re considering investing passively in real estate, you should give DiversyFund a look.

With that brief introduction, let’s dive in and take a closer look.

Publicly traded REITs

The most common and readily available way to invest in real estate is via real estate investment trusts or REITs (pronounced Reets). REITs purchase a variety of different types of real estate (residential, commercial, multi-family, etc.) Many REITs offer a diversity of these types of real estate in their funds. Most REITs are publicly traded securities offered on stock exchanges via ETFs or mutual funds. The firms offering these REITs must register them with the Securities Exchange Commission (SEC). They are subject to SEC rules and regulations regarding the formation, purchase, and sale of the securities.

The firms that offer them are investment firms. Registration for investment companies offering products is different than those of private investment funds. I’ll explain that shortly.

Continue Reading…

How to Invest Money – 6 Easy Steps for the New Investor

How to Invest Money - 6 Easy Steps for the New Investor

6 Basic Steps on How to Invest Money for Beginners

This post was originally published on The Money Mix.

So … you’d like to learn how to invest your money, but are afraid the concept is out of your reach. Indulge me here for this next one — because you may be surprised!

Picture this:

You have a great job and make a good income. Your student loans are long gone, and you’ve even obliterated all of your credit card debt. Now you’re ready to save and invest.

But you’re not quite sure how to invest your money.

Well, I have good news. Because I’m going to introduce you to six simple steps on how to invest your money. It’ll be unlike many of the other “how to” articles on investing. In fact, this might just be your favorite one, because it’ll be so super-easy to follow and then implement.

But wait —

Before you even think about investing a dime, we need to set the foundation. Because without that, it’ll be somewhat difficult (if not totally impossible) to have a successful investment strategy.

So first I’ll list out the basic steps of investing, and then we’ll get into further detail to help you work through each one.

Here are the 6 steps:

  1. Work from your budget
  2. Determine how much you can save
  3. Decide on the best accounts to start with – taxable vs. tax-deferred
  4. Find the best investment options
  5. Diversify
  6. Monitor and rebalance

Okay, so some of the above terms may seem a bit — intimidating.

I get it. I’m not exactly a financial wizard either.

I mean, someone throws out a phrase like “index funds“, and my eyes immediately start to glaze over.

But have faith. Because there’s a method to the madness. This stuff can totally be learned — even if you don’t have a Masters degree in Finance. You just need a little bit of background, and some explanation using simple, everyday language.

So here we go.

Let’s get into the juicy details to get you started on your investing journey.

Continue Reading…
%d bloggers like this: