Will We See a Tidal Wave of Evictions in 2021?
Wednesday, December 30
There are news reports predicting a dramatic spike in residential evictions in 2021, specifically when the Centers for Disease Control and Prevention (CDC) moratorium on evictions ends. Reports earlier this year suggested the pandemic might lead to 30-40 million evictions. It is true that there...
When to Avoid Buying Real Estate
Sunday, December 13
The U.S. real estate market continues to see strong growth despite the COVID-19 recession. Overall home prices have risen dramatically in the last decade, even tripling in some markets. Active markets are seeing multiple offers with buyers bidding up prices above the listed price. For example,...
Biden's Plan: 2021 Brings New Taxes
Friday, December 04
As we enter the Biden Presidency in 2021 investors should be prepared for new taxes. The details will be negotiated in Congress, but expect these taxes to affect real estate investing including capital gains. There will also be new taxes to shore up the solvency of Social Security. Some of thi...
Three Big Steps Towards Financial Freedom
Friday, November 20
No one hands you the keys to financial freedom, but you can earn it by taking small disciplined steps each day. Over time these small steps add up to major, lasting results. On the bright side, it is not nearly as difficult to achieve as you might think. And as you wake up early for work each ...
Great Advice: Go Against the Herd
Saturday, September 19
Follow Traditional Advice, Become Just a Number Several months ago before the pandemic, I attended an event in New Zealand showcasing the country's rapidly expanding space sector. The keynote speaker was the CEO of a company that builds and launches rockets to place satellites in low orbit. The C...
Case Study: Achieving Financial Independence
Saturday, August 15
Case Study: Achieving Financial Independence The path to financial freedom combines managing personal finances with strategic thinking on how to spend your time. It is about creating income from more flexible activities you enjoy, thus eliminating the need for a traditional day job, while also ...