Over the years I have funded startups and have loaned money out to people. Sometimes I made a lot of money but sometimes I got burned. These are my rules I put together after my Experiences. Like all business you can’t get emotional about this, even if your best friend has a great idea that’s…
I’ve been asked many questions by people trying to make it in this business, how it works, how to start and how to make it. I’ve been thinking about it and decided to write it all down and give a guideline how to be successful in this business and how not to fail. 1. Cash…
What an amazing and volatile last year. The worst thing that could happen to the majority of the population, happened. When it comes to real estate we saw the rent moratorium in many cities as well as tenants refusing to pay. At the same time we’ve seen demand for housing surge! And with the low…
Everybody keeps talking about the rich getting richer, the middle class shrinking, and the poor barely surviving. This is all true, and I want to briefly explain it all to you, so it makes sense, and clears up any questions you might have. Because everyone in America faces these issues, but not everyone understands them.…
Everyone wants to be a homeowner. Some only need 0,3,5,10% down and boom! They get to make 360 monthly payments to the bank and have the ability to say they own a house. When in reality, they own nothing. When you get a mortgage the only person that makes money is the bank. Let’s take…
I found a house in my favorite neighborhood that was still very cheap. I assumed that they were underwater still from the housing crash or it needed a lot of repair. Either way I knew they couldn’t afford it, because of what it was listed at. It was an all brick duplex built in the…
When you’re living in Chicago or anywhere near the Great Lakes, winter comes early. You have to make sure your investments are safe during this time. With so many components to maintaining a house, winterizing your home is the smartest investment. Whether it’s your primary residence or your rental properties, there are many things you…
Governments always want more power and control. This shouldn’t be a surprise to anyone. They also; along with the bankers want more control of the nations and citizens money. As of 2020 China has been experimenting with a Digital Yuan. As of now, American companies in China are accepting it. Including Starbucks and McDonalds. There…
What is a mutual fund? A mutual fund is basically a group or securities either stocks and/or bonds that are managed by a fund company that has managers assigned specifically to that fund that buy and sell securities within it. These managers may be analysts and have a CFA designation. The fund managers try to…
All About The Short Sale Home Whether it’s your first home you are purchasing or your second or third, buying a home is a lengthy, intimate process. If you’re buying a short sale, it can be even more involved, ranging from simple to complex. That’s why it is so important to really understand everything about…
