Long-Term Tax Planning: Don’t Get Caught Off Guard

By Amanda Neely, CFP®, President of Wealth Wisdom Financial A real estate investor—we’ll call her Maria—spent 20 years building a $3 million portfolio. She did everything right on paper: maximized depreciation, tracked every expense, and executed 1031 exchanges like a pro. But when sudden health issues forced her to sell everything, she got slammed with...

Who EVER Built Freedom Alone?

By Vena Jones-Cox You got into this business for freedom, right? Money freedom , yes. But also time freedom, and life-on-your-terms freedom. But here’s a truth a lot of us don’t realize early enough—and it handicaps us: Independence isn’t…Independent At every stage of this country’s history, it’s been groups of people, acting together, that have...

Did You Get Into Real Estate to Work Less, But Find You’re Working More?

By David Richter “What in the world? Where is all of my money?! I just had over $100,000 in my bank account yesterday, and now I’m down to $1.50.” If I had a nickel for every time I heard a real estate investor say something to that effect, I’d have several dollars and could buy...

Are You Making This Huge Evaluation Error?

By Vena Jones-Cox Several times in the past few months, I’ve found myself explaining to students that the reason they couldn’t sell their wholesale deal was that they’d overpriced it, and the reason they’d overpriced was that they’d made a common logical error in figuring out the value. See if you can tell what it...

How to Get Your Young People Involved in Real Estate

By Jim Wood Begin by teaching them about the lifestyle choice that they’ll get to make each day of their lives… the lifestyle choice of being either rich, poor or middle class. Once they make that decision, show them how they can use real estate as a vehicle for reaching their chosen destiny. Let’s face...