No-, Little-, or Lots of Leverage?
Wednesday, April 27
Here is a theoretical question about leverage for you. Below you will find some information and 4 alternatives. I would really like for you to give it some thought and write why you think your alternative you chose is right for you.First the "parameters" in the example. To make it simple, all hou...
Investing Near or Far
Monday, April 25
Ultimately it depends on what your goals are, and what your needs are. I believe in starting with the end in mind, and my personal goal is to do cashflow investing that ultimately require less and less of my time. So I am faced with some challenges in getting there.I come from Norway where I have...
The Norwegian Investor - Its not Paranoia of the threat is real!
Friday, October 09
It’s been almost two months since I last wrote a post here and boy has it been a busy period. To give a very brief summary. My suspicion about my tenant being a low quallity tenant has turned out to be true. He caused some grief, but in the end it looks like it will all be fine. Managed to get hi...
The Norwegian Investor - Landlord Paranoia
Wednesday, August 19
Every landlord knows that one of the elements with the most risk regarding investing in real estate, is the Tenant. Many landlords have to evict tenants for not paying. Some tenants bring drugs, some bring prostitution, some are noisy, some trash the place, and many MANY other issues can arise.Fo...
The Norwegian Investor - The Numbers
Monday, August 17
So I promised to share the numbers regarding the first deal, so here they are. Please remember that these numbers are for Tønsberg, Norway, and that the currency is in Norwegian Kroner (aka kr or NOK). The conversion rate is aproximately 1 US dollar = 8 kroner, and since the conversion rate fluct...
The Norwegian Investor - The Wall
Tuesday, August 11
When I bought the flat with my wife, we understood that in order to maximize the profit with our project, the best idea would be to add another bedroom. And the layout of the flat really facilitated such an idea. So our plan was to pretty much convert the living room in to a second bedroom. An...