Key Performance Indicators will determine if the building is performing well financially and structurally, or if it’s gone horribly wrong. The first and most important thing to understand is that when you’re going out there to buy a multifamily building, always buy a building when it’s performing horribly. That way, you can add value, increase…
Passive income is simply revenue that occurs when you are not trading time for dollars – meaning your active labor isn’t being used in the moment in which the value is created. But let me be clear… that doesn’t mean you don’t work at all. Here’s what I mean: you may pour yourself into a…
So you’ve decided to purchase a piece of real estate… great! The problem is that you don’t have the money to afford a decent piece. That’s when you need to go to the bank and get a loan or financing plan. Here’s how the math works out for a very simple deal: Let’s say your…
Real estate financing can be very complicated and difficult to understand, but let’s break it down to the bare essentials so that it’s very easy to understand.
Creating passive income through an Airbnb business is a smart choice, but it can be tricky when you don’t own your property.
Every business, no matter what it is, needs capital to take it off the ground… but what if you don’t have any?
Well, it doesn’t necessarily need to be YOUR capital. You can easily use someone else’s. Here’s how you do it…