Robert Kiyosaki famously says “savers are losers”. What does this mean? Would you leave your money in the bank if they took money out of the account every month instead of giving you interest? My guess is that you would try to figure out where else to keep your money. After all, who wants a […]
This week’s weekly wealth widget is sort of no-brainer for most of us. However, if you are still sitting on real estate sidelines, this one is for you. Here are just a few reasons why you strongly consider investing in residential real estate. You own a real asset that does not fluctuate on a day […]
This week, we are going to talk about a topic that tends to be a hot button topic–leverage. First of all, let’s define leverage. Broadly speaking, leverage in finance could define anything that has the ability to increase investment returns. It could be something like having great financial advisors or help to maximize your own […]
Wealth Formula Nation, Welcome back to our weekly wealth widget. Last week we defined capitalization rate aka “cap rate”. To review, cap rate=NOI/Purchase price. Cap rate can also be seen as the yield of a given asset without leverage. How is cap rate used practically speaking? Well, markets typically have a market cap rate which […]
In last week’s Weekly Wealth Widget, we talked about Net Operating Income (NOI). To summarize, this is basically the net income after all revenues and expenses without a mortgage. Another critically important term in the language of real estate investing is the capitalization rate or simply “cap rate.” The cap rate is simply defined by […]
Wealth Formula Nation, As promised, I present to you the first weekly wealth widget. For some of you, most of these emails will be review. However, if you give a quick glance to each one every week, you might learn something. We are going to start very basic. Let’s talk about the term Net Operating […]
According to the SEC, you are an accredited investor if your annual income exceeds $200,000/year ($300,000 if filing jointly) OR you have a net worth of greater than $1 million excluding your personal residence.
If you meet these criteria, congratulations! Check the box and someone will reach out to you within 24 hours to set up a follow up phone call.