Month: October 2019
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11 Triple Net Lease Pros And Cons
11 Triple Net Lease Pros And Cons I recently spoke with one of my dad’s friends (Mr. Eddie) in a grocery store. He’s one of the wealthiest people in Louisiana and has made the majority of his money in commercial real estate. I asked if I could stop by his office to pick his brain…
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13 Top Apps To Make Money For Passive Income
13 Top Apps To Make Money For Passive Income Best Apps To Make Money For An Easy Financial Boost [Editor’s Note: Today’s article is a guest post from Bob, The Frugal Fellow, who is a freelance personal finance writer and blogger. After paying off nearly six figures in student loan debt, he decided to not only…
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7 Elements Of Achieving True Wealth
Todd Tresidder over at the Financial Mentor once stated that “Freedom Isn’t Just Financial, And True Wealth Is More Than Just Money.” There’s too many docs and other high-income professionals with the illusion that building wealth involves always wanting MORE so they can get better with a different lifestyle versus everyone else. Unfortunately, if this…
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17 Pros And Cons Of Owning Storage Units
17 Pros And Cons Of Owning Storage Units A friend of mine owns a local specialty pharmacy distribution company but also owns commercial real estate on the side. It seems like the more successful people I talk to, the more I find out that they also dabble in different forms of real estate. This is…
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Debt In The United States – Just How Bad Has It Gotten?
Debt In The United States [Editor’s Note: Today’s article in a guest post from Brian who blogs over at Debt Discipline. He started his site after becoming debt-free. His passion now is in helping others also break free of debt.] Let’s face it, debt in the United States is a problem. From our national debt,…
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Emergency Funds – What You Should Know To Stay Out Of Trouble
The Complete Guide on Emergency Funds and Cash Reserves [Editor’s Note: Today’s article in a guest post from Mr. SR who blogs over at Semi-Retire Plan. He enjoys teaching others what it takes to become semi-retired early in life.] One of the few personal finance concepts that garners near-universal praise is the emergency fund. For…
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fatFIRE! How A Computer Programmer Retired At 38!
When I recently read in Joe Fairless’s Best Ever Report about how Lue Chen achieved financial independence (or in his case fatFIRE) at only age 38, I had to reach out to him…and boy am I glad I did! Because I knew that this call was going to be chop full of great information, I…
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Real Estate Crowdfunding For Non Accredited Investors – 9 Pros And Cons
Real Estate Crowdfunding For Non Accredited Investors I get quite a few questions and emails from other doctors regarding investing. One of the most commonly asked question is, “Hey Jeff, what do you recommend I invest in to build wealth so I don’t have to see patients forever?” I take the same approach Dave Ramsey…
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What You Need To Know About Debt Consolidation
What You Need To Know About Debt Consolidation [Editor’s Note: Today’s article in a guest post from Ryan Luke who blogs over at Arrest Your Debt. He’s been a cop for 15 years and has seen the devastation left behind by people who mismanage their finances. This is what motivates him to help others become…
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7 Benefits Of Debt Free Living Every Doctor Should Know
7 Benefits Of Debt Free Living Every Doctor Should Know Unfortunately debt is a common fact of life in America, especially among healthcare professionals. Roughly 8 out of 10 Americans are in debt with consumer debt totalling over $4 trillion dollars. Of that, student loan debt is $1.5 trillion and auto loans are $1.1 trillion. We obviously…
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The BRRRR Strategy – How To Scale In Real Estate
There’s multiple different ways to build wealth. Actually, we recently discussed doing it when starting from nothing. But one of my favorite ways is by using real estate. I discussed a strategy I personally use and teach on a regular basis by investing in real estate syndication deals. Another popular one is the BRRRR strategy…
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27 Inspirational Grant Cardone Quotes
27 Inspirational Grant Cardone Quotes I accidentally stumbled upon Grant Cardone while doing research for another article regarding passive real estate investing. He actually started his career as a sales trainer and motivational speaker before recently moving into helping others learn and invest in real estate. Here are 27 Inspirational Grant Cardone Quotes: “Life shrinks…