Reaction: Meet a 26-year-old who earns $30,000 a month in ‘mostly passive’ income and built a $1.3 million net worth
While admittedly it’s difficult to not compare, it’s this is a fascinating story of a young man that is self made and put his work for himself more important than his work for another company. Let’s take a look at how he did it Berman earns about $30,000 per month in “mostly passive”…
Reaction: Baltimore landlords turn to evictions amid unpaid rent after 2 years into pandemic
Passing the height of the pandemic, and now with eviction courts back open, there is a backlog of eviction cases and landlords applying to evict their tenants. Just in this video alone the reporter states that the Sheriff’s office has conducted 40 evictions in the last 10 days. What you can do to…
Emotional Mistakes in Rental Real Estate Investing!
Should Not be Emotional This is a business. This needs to be a profitable business. If the emotions prevent us as entrepreneurs and business owners to make logical and data-driven decisions, then we must find a way to reduce, if not, remove completely emotions from our decision making. Imagine, you connect with a distressed…
Reaction: How to Invest in Real Estate — Without Owning a Single Property
I’ll be the first one to admit, I don’t know much about REITs. Other than the basics, that is the only information that I have. I am absolutely not ashamed of admitting it because it is not a primary goal of mine to get a piece of the real estate market without having the…
Baltimore City Tax Assessments: Overview for Rental Property Investors
What are Baltimore City Tax Assessments? In Maryland, the Department of Assessments and Taxation must appraise each of the more than 2 million properties once every three years. These assessments are then converted into property tax bills by applying the property tax rates. An assessment is based on an appraisal of the fair market…
What is a CMA? Do I need a CMA?
What is a CMA? Do I need a CMA? When attempting to pull together a reasonable offer, you’ll need to understand what the property is currently worth and what the property will be worth once rehabbed (After Repair Value). To determine the value of a property a Real Estate Agent could very well send you…
Reaction: I Owned Six Homes and Lost It All With Real Estate Investing
What I enjoy about this article is that it offers an honest opinion about the challenges in the rest within real estate investing.
Admittedly I do have some points of clarification and areas where I disagree and I’d like to Showcase below: