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…
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…
There are some people that are actually making it in this business that aren’t bullshitting. It’s rare to find them but heres a couple examples. I personally know a few people that have 30 rental units. I’m sure they have all their checks paid to them on one day of the month, but in theory…
Having been a Financial Advisor for over 10 years I’ve seen it all, including many situations that may deceive the client. After leaving the corporate side of the business and starting my own firm, which I later sold. I realized there are quite a few things that clients may not be aware of. This…
I was watching this guy on YouTube from Cleveland trying to sell a duplex. He was explaining why a duplex is so much better than a single family and how you need to buy this one. It will cashflow so much. Only one roof. 2 sources of income. He was really hyping it up, and…
I recently consolidated my rentals in the Metro Detroit market to one property management company. After months of critical thinking, and deciding on what is the most efficient way to manage my properties; I came up with a few guidelines that I plan to stick to when using a property manager. Your manager should make…
