We've all seen those commercials for bowflex and 6 minute abs, but have you checked out the recent home mortgage calculator workouts? Intense doesn't even begin to describe how much financial fat you'll burn with these bad boys. Unlike 6 minute abs, you can have them all completed and get your home finances ripped in just 5...
Real Estate
From School Teacher to Full Time Real Estate Investor, an Interview with Ronnie Adams
Ryan -
Today I have the privilege to share with you an interview with Ronnie Adams from Real Estate Guide 2 Success. Ronnie is a former school teacher turned successful real estate investor. Through hard work and perseverance, Ronnie now enjoys the benefits of financial freedom. His story is one that should inspire first time investors and entrepreneurs...
Although the 2010 New York gubernatorial race is over, some of us may still be experiencing rent that's simply "too damn high." Since Jimmy McMillan and his promise to allow New Yorkers to "marry a shoe," are a distant memory, our pocketbooks are probably still bleeding. So with the rent still at astronomical levels I thought I'd...
I just wanted to share a few cool videos I found from IKEA. I have to admit, I currently don't own anything IKEA, most likely because I don't live near an IKEA, and even if I did I'm wayyyy too frugal to even tempt myself by walking in the doors of a store like that.
In any case, the...
Calculating real estate values can be as simple as 1, 2, 3!
There are three ways appraisers go about determining the fair market value of income producing property. These three approaches are:
Income Approach
Market Data / Comparable Sales Approach
Cost / Replacement Value Approach
Each of the models is unique and take a completely different viewpoint. You'll notice that I also used two...
This is a property I purchased in 2015 and simply haven't had time to complete, but will be working on in 2017. I'll begin to track my budget and eventually return on investment as I begin to focus on this project more in the summer of 2017. Until then, here are some current before pictures along with...
I've seen quite a few cool articles lately about using old shipping containers as homes and buildings. With a huge trade imbalance the United States often has left over shipping containers sitting at our ports without a purpose. Therefore many people have taken these excess containers and turned them into buildings, and which is a great solution...
You see them in almost every neighborhood, but did you realize that trees are a great way to raise the value of your home?
According to a diagram presented by the arbor day foundation, trees can increase the value of your property by up to 15%. That's a big shift! If you owned a home that is...
In the land of real estate investing you'll begin to hear a popular term when analyzing income producing property. Capitalization Rates, better known as Cap Rates. Cap rates are a way in determining the rate of return on an investment property.
How to Calculate Cap Rates
In order to calculate cap rates you'll need two other variables which are:
Net...
How often are you home? When you're there are you using every area of your house? Are there rooms of your house that go untouched for weeks at a time?
Each of us are home for different amounts of time, so each of us gain different levels of utility from our place of residence. However, we all...