5 Outstanding Tax Benefits Of Real Estate Investing If you’re a high-income earner, it’s probably safe to say that you’d like to avoid taxes at all costs, right? We’ve looked at different tax advantages in the past with ideas how we can reduce out taxable income. One of the main reasons that readers of this blog join the Passive Investors
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The 10 Best Business Quotes to Inspire Success [Editor’s Note: Today’s article is a guest post from Andrew Herrig the founder of Wealthy Nickel where he writes about all things personal finance. He has a passion for helping people pursue financial freedom through saving money, making money, and building wealth. Andrew documents his family’s journey to financial independence through side hustles
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Syndicate Investment Examples We’ve all heard that hindsight is 20/20. It seems that we’re able to evaluate our past choices MORE clearly than at the time of the original choice. This is especially true when it comes to investing. It’s easy to look back and see the best possible choices, what should have been done, and what would have been
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7 Steps – How To Make Your Money Work For You I once heard it said that one of the biggest differences between the average “Joe” and the wealthy is this: Wealthy people earn interest while everyone else pays it. Knowing what I know now, you can replace the average “Joe” with the average “doctor”. Many high-income professionals that I
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The Best Leadership Quotes and How to Apply Them [Editor’s Note: Today’s article in a guest post from Jesse Cramer who is an engineer and an avid reader/writer. He runs the blog The Best Interest, which started as his creative outlet but gained recognition for explaining complex personal finance ideas in simple terms. Jesse discusses money basics, like your net worth targets by
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Real Estate Investing 101 For Doctors Real estate investing has started to become popular among doctors and other high-income professionals as they have begun to focus on growing multiple streams of income. If done right, you could see great returns on your money but, as with any type of investment, “never invest in anything you don’t understand (or can’t explain
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Do You Have A Fear Of Money? – Chrometophobia Whether you realize it or not, many people have some type of irrational fear of money. There’s actually a specific term for it: Chrometophobia – which is the extreme fear of money stemming from the Greek words “chrimata” (money) and “phobos” (fear). There are many different fears that this term encompasses
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Money Mindset – 3 Steps To Shift From Poor To Rich Mindset It seems the more I learn, the more I realize that if we want to achieve or improve at anything in life, including our financial life, it starts with a mindset shift. Most docs and other high-income earners that join our Passive Investors Circle tell me that it
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Is It Better To Pay Off Mortgage Or Invest? One of the biggest debates in the financial world has to do with the question….Is it better to pay off mortgage or invest? As someone who has followed Dave Ramsey’s 7 Baby Steps, let’s take a look at what he’s recently had to say about this to callers on his show.
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What Is Leverage In Real Estate? When I first think of the term “leverage“, nightmares of college physics class comes to mind. I still don’t understand why we had to take some of the classes that were required such as physics and organic chemistry but hey, I’m glad those days are long gone. During that time, I remember learning something
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