Tomorrow, Friday October 11th, the next book in my Doctors Guide series becomes available on Amazon. If you have wanted to get into real estate investing, but think you are too busy, think again. I spell out how I was able to be the manager of 64 rental units at the same time as I … Read more
There is a big misconception about real estate investing that is picking up steam. It is the idea that if you want to invest in real estate, you have to deal with all the aspects of managing the property. If the toilet is plugged, you have to fix it. If the roof leaks, you have … Read more
I read a Facebook post asking what people were doing about the recent market drop. As much as I watch the market (very rarely), I didn’t know the market had dropped until I read that comment. This question was raised on a site that is constantly teaching people that there is no way to time … Read more
I am often asked the question, “Is it better to pay down debt or invest?” It is uncanny how often this question comes up. This question is asked as if those were the only two options to choose from. I never hear, “Should I go on a three week trip to Paris or invest?” “Should … Read more
After taking a little breather from writing books, I’m at it again. Book #4 in The Doctors Guide series will be coming out this fall, titled, The Doctors Guide to Real Estate Investing for Busy Professionals (Who Don’t Think Real Estate is For Them). The book is currently in the hands of test readers and … Read more
(This week we have a guest post from Rick Pendykoski, who helps set up self-directed IRA accounts at Self Directed Retirement Plans, LLC. These accounts have more flexibility as to where you can invest the money than a typical IRA account. You can even invest the money in your new business or real estate venture. … Read more
I often hear people talking about their “investment” in gold. Then there are those who have a “diversified portfolio” and gold is one of their forms of diversification. I’ve encountered people who have $60,000 worth of gold bars in their home safe, in case of a major financial crisis. We all see the celebrities pitching … Read more
This weekend we will be celebrating Easter, the resurrection of Christ. We often celebrate this monumental event with an Easter egg hunt. Those Easter eggs got me thinking about the old saying; don’t put all your eggs in one basket. Diversification is one of the key elements to successful investing. I looked to Wikipedia for … Read more
Many people look at their 401(k) like it is a piggy bank. Since they often don’t have any other savings, when they need a lump sum of money for a large purchase, the only account they have with a decent balance is their retirement account. Since most people are not saving outside of their retirement … Read more
Those of you who have been following me or have read my book, The Doctors Guide to Starting Your Practice/Career Right, know that I am not a supporter of buying a house right away when you move to a new job. There are many reasons to postpone purchasing a house including; doctors have a fifty … Read more
