Would You Use Real Money to Buy Virtual Products?
I recently read an article in The New York Times (hat tip for bringing it to my attention: MAPping Company Success) about the increasing trend of using real money to pay for virtual goods. The article also addresses the rise of credit, via a company called Kwedit.com, to pay for virtual purchases online. This article [...]
10 Things I’ve Learned in 4 Years of Real Estate Investing
I began investing in single family homes with a good friend and business partner about 4 years ago. In that time, we’ve purchases and remodeled 5 single family homes, all of which are rented by reasonably reliable tenants. Over that time we’ve learned a thing or two about investing in real estate. In this article, [...]
Discover Bank Penalty-Free 12 Month CD
I have been a Discover customer since 1996 — right out of college — and for good reason. I believe that Discover is one of the very few financial institutions that put their customers first and continue to innovate. As of today, Discover Bank announced their Penalty-Free 12 Month CD. Despite the added feature, the [...]
Mortgage Refinancing And Real Estate Investing
In this Ask the M-Network article, PJ shared information about his home and his desire to buy a house that just came on the market. Should he refinance is current home, or sell it to buy the new one? Should he buy the new home and rent out the old one? Here’s the question from [...]
Income Diversification
Diversification is a concept that I’ve embraced most of my life. In the past, I have discussed investment diversification and also touched on the concept of income diversification. Today, I want to explore the idea of diversifying your.
When you think about income, most of you will immediately think about your job. However, if you want [...]
With the current housing market meltdown, it’s hard to think about investing in real estate. Moreover, the current tight credit market and lack of cash makes it even harder to buy an investment property even if you want to. This is where REIT comes in. Personally, I think it’s an attractive investment option regardless of [...]
Recession-Proof Investing with Fixer-Upper Rentals
Buying lower-priced fix-up houses, fixing them up using your own time and effort, and renting them out is a fairly low-risk, high-reward way to generate wealth and security. If you have been thinking about real estate investing, this may be a very good time to do it. There are many benefits in buying a fixer-upper [...]
Hello everyone and welcome to 155th edition of the Carnival of Personal Finance. Initially, I had a plan to make this a more unique and interesting carnival, but my sister and her family came up from Virginia for a surprised visit. As a result, I opted to spend more time with my family and less [...]
Real Estate Investing: Return On Investment and Leverage
One of the commonly touted advantage of real estate investing is the financial leverage that can result in enormous return on investment. A typical example usually compares investing an amount in real estate versus the stock market, where the return on investment for real estate investing far exceeds that of the stock market.
Photo by Brian [...]
Investing in real estate, specifically small rental properties where I’d buy single-family or multi-family houses for the purpose of renting them out has been one of the things I wanted to do. However, the three musketeers of fear, doubt, and uncertainty discouraged me from taking any action toward residential real estate investing. So far, the [...]
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