I wrote this story in my original blog but since I rebooted it, the archives got zapped so I’m writing it again because it was an experience that changed my life. Cancun In early 2000’s, as I recall, my wife and I took our kids down to Cancun, Mexico for a family vacation. We stayed…
Category: Real Estate
Real Estate Rental Properties & Risk Mitigation
We own some rental properties and we are far from being experts in anything related to real estate rentals. We became accidental rental property owners but it’s worked out ok so far without any major issues. I really like the mostly passive income stream that comes from property rentals but it’s not completely passive. Last…
Father To Son Financial Lessons, Often Ignored
When I became a teenager and received my first driver’s license my father gave me a few pieces of advice about safety and driving, etc. Of course, as a teenager that “knew” everything I rolled my eyes. One additional piece of advice my father gave, which also caused me to roll my eyes, was to…
It’s Time To Pay The Landlord!
I love the start of the month because it indicates a day that I’ll have some income delivered to my bank account but sometimes I wish it could be like the old days depicted in the image above. I started investing in real estate to diversify away from just holding stocks, bonds and cash. I…
How To Do Due Diligence On Real Estate Investment Rentals
As I accumulated more and more money it became necessary to diversify my investments and one of those roads led to me real estate rental properties. My first rental property was actually a bit of an accident. I had been offered a job in a different state and they offered a relocation package that included…
The Best Resources For Real Estate Investment Rentals
Personal Finance is an adventure for everybody and over the years, I’ve accumulated a long list of useful websites, favorite YouTubers and other resources but today I want to focus on three that I think have been the most beneficial to me over the past couple of years. With mortgage interest rates approaching 8% we…