House hacking or how to get someone else to pay your mortgage
House hacking or how to get someone else to pay your mortgage House hacking can take multiple forms. It is the perfect way to have someone else pay your mortgage. You can house hack in the following ways: Get a roommate Make a mother-in-law suite or accessory dwelling unit (ADU) and rent that out. Rent […]
Rent to Travel Nurses to Increase Cash Flow
Renting to travel nurses is more complex than a traditional unfurnished rental, but the cash flow is much better. Depending on the restrictions in your area, the limits on this type of rental are usually less strict than for short-term (Airbnb or VRBO) rentals, and renting to nurses is much less stressful. My husband and […]
Use Unconventional Real Estate Strategies to Turn Around a Bad Deal
Our Worst Real Estate Deal Sometimes you have to use unconventional strategies to turn around a bad real estate deal. This blog is about our first real estate purchase and our first unintentional rental. Learn from our blunders. Buy High… When my husband and I married in the late 80s, we excitedly bought our first property. […]
How to Position Yourself in a Falling Housing Market
What if the interest rates are too high and the housing market is falling in price? You want to get into real estate but think the market isn’t quite right today. The market is cooling off, but you want to build wealth with real estate investments. How can you position yourself right now? There are […]
Is it a good time to invest in real estate?
Is it a good time to buy real estate? Hmmm, that’s a complicated question, and there is no correct answer for everyone. Some people try to time the market, which can result in overanalyzing, or what people call “analysis paralysis.” Other people jump right in with two feet without carefully analyzing their purchase. There is […]