People are surprised when they learn we have maintained a debt free household for the last twenty years. For many, they realize for the first time, that being debt free is possible. Others think they could never become debt free as their total debt seems overwhelming. When we first heard the concept of living debt … Read more
The real estate investor’s biggest fear is buying at the top of the market. Almost daily, I encounter someone asking if it is a good time to buy real estate with the current high market prices. This is a disguised way of asking “Should I be trying to time the real estate market?” Never try … Read more
When buying a long-term service, such as insurance, or getting a big project done, such as painting your house, NEVER go with the first bid. Every company prices their product based on their recent experience, and since every companies past experience is different, their pricing method will also be different. One bid can be as … Read more
Many people have asked me how I knew it was the right time to retire. They are struggling with the decision and are afraid to pull the trigger too soon. Retiring from medicine is almost a final move as it is very difficult to return after being away for a period of time. I haven’t … Read more
I remember when I first began investing in real estate. As I discussed my first real estate purchase with various people, those in the older generation kept telling me they were too old to begin investing in real estate. They would say things like, “If only I was in my twenties, then I would consider … Read more
As more people move toward becoming debt free, there comes a time when they must choose which debt to pay off next. Often the last two debts are their home mortgage and the mortgage on a rental property. The home likely has a lower interest rate and is often the larger loan. The best way … Read more
People on social media are constantly asking which investment gets the better return; real estate or the stock market. In my case, I have been invested in both for an extended period of time and the results are so uneven no calculator is needed to know that my real estate has far out performed the … Read more
(Don’t miss out on the special bonuses that come with the launch of The Doctors Course to Automating Your Real Estate Investments. The launch ends at midnight Pacific time on the last day of this month so get your copy today.) The most common question I am asked when someone finds out I managed my … Read more
Forums and Facebook groups abound with a frequently asked question that sounds something like this: “Should we sell our positive cash flow rental to buy (insert fun new toy) so we don’t have to attain a loan?” When someone wants to buy a new car, boat, or motorhome but they have learned that buying toys … Read more
(Today’s guest post come from Dr. Jordan Frey) On May 1, 2020, I couldn’t have told you what cash-on-cash or cap rate meant. I definitely would not call myself a real estate investor nor tell you that I harbored the slightest inkling that I would become one. Yet, here I am writing this post just … Read more
