Tag Archives: investing

Good Versus Bad Debt? I Don’t Care When Investing

Recently, I wrote about what I think is a common misconception, in that a long-term rental must meet the 2% rule to be a good investment.  I think another misconception is that all debt is bad, and must be avoided at all costs.  Many people will tell you stay away from debt at all costs, while others will say good debt is okay but stay away from bad debt.  Most people define bad debt as debt that uses depreciating assets or no assets as collateral.  Car loans, credit cards, student loans, retail goods like TVs, furniture, exercise equipment all would classify as bad debt.  My personal philosophy; I don’t care what is used as collateral, if I can use debt to invest and make  me a higher return than the debt costs me – I will.

Continue reading at Bigger Pockets…..

Related Articles

Should you pay off your house early?

How much money can you make from rental properties?

Advertisements

Purchasing Multi-Unit Properties With Little or No Cash Down-An Interview With Ben Leybovich

DSC00619Ben Leybovich has been successfully investing in Real Estate since 2006.  His area of expertise is creative finance and acquisition methods of income-producing real estate. Continue reading

A Challenge to New Real Estate Investors: 7 Steps You Can Start Taking Today

My last article discussed why I think the 2% rule is a bad rule of thumb for beginning investors.  In this article, I give newbies a few simple tips on how start taking action in their investing career.

The BiggerPockets forums are full of posts from new investors introducing themselves or asking questions.   Even though there are many new investors looking to get started buying properties, very few ever actually become successful investors.

Continue reading at Bigger Pockets………

Why the 2% Rule can get Beginning Investors into Trouble

The 2% rule has been discussed quite a bit on the forums and in blog posts.  Since I am a new blogger (I wrote my first article for Bigger Pockets last week on buying HUD homes), I figured it was okay for me to add another opinion on the 2% rule.  What peaked my interest was seeing a comment in one of the forum posts that said the 2% rule is great for beginning investors, because it helps keep them out of trouble. However- I think the 2% rule actually does a lot more harm that good with new investors.

Continue reading here at Bigger Pockets…….

Related Articles

Invest Four More’s complete guide to buying long-term rental properties

My plan to purchase 100 rental properties by January 2023

How a Cash Out Refinance can Generate 92% Cash on Cash Returns

1907

I am able to get great returns on my cash by investing in long-term rental properties.  Part of the reason I get great returns, is I am very picky on what I buy and I only purchase great deals.  Continue reading

How to Find a Great Property Manager

rentA very common question in the Real Estate investing world is; how do I invest in an area I don’t live in?  This is a difficult question for me to answer, since I have never invested outside of my market.  Continue reading

Investfour More Rental Property Number 6 is Rented

1509I think I mentioned this in another post, but we rented rental property number six over a week ago.  Continue reading