Rental Real Estate and Poverty Levels – Why Landlords Get Obamacare Credits

“Most people don’t know that I am an accomplished dramatic actor… But I’ve performed in several Shakespeare productions including Hamlet, except in this version, Hamlet lives in an apartment with two women, and has to pretend he’s gay so that the landlord won’t evict him.” –John Ritter A man mentioned to his landlord about the […]

Is Your House Actually Causing You to Lose Purchasing Power?

“Purchasing power is a license to purchase power.” –Raoul Vaneigem “The only honest dollar is a dollar of stable, debt-paying, purchasing power.” –Senator Robert Owen How many of you have heard this one? Your house is your biggest investment. With the burst of the housing bubble in the 2008 timeframe, a lot of people who […]

Rebalancing Your Real Estate Portfolio

“There’s a lot of — I don’t know what the term is in Austrian, wheeling and dealing.” –Barack Obama If you are a real estate investor and you come from the Warren Buffett school of investing, then you’re probably likely to want to buy a property and hold onto it forever. That’s what I thought […]

Are You Prepared to Deal With the Human Side to Real Estate Investing?

“Tragedy is a tool for the living to gain wisdom, not a guide by which to live.” –Robert F. Kennedy I’m a big fan of real estate investing, particularly if one of your financial goals is to achieve PIRE. We own several properties ourselves and continue to accumulate rental properties. Given that I have zero […]

Rent or Buy a House? How Oswald Affects Your Decision

“I installed a skylight in my apartment… the people who live above me are furious!” –Stephen Wright When we first started our software development company, the three co-founders figured that we could be a virtual company and hire our team members anywhere in the world. It was software, and we were technologically savvy, so we […]

7 Reasons We Buy Rental Properties Rather Than Act as Hard Money Lenders

“The man who won’t loan money isn’t going to have many friends – or need them.” –Wilt Chamberlain “There are 350 varieties of shark, not counting loan and pool.” –L.M. Boyd “Sure, Homer, I can loan you the money. However, since you have no collateral, I’m gonna have to break your legs in advance.” –Moe […]