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How Many Rental Properties to Make 100k?

rental properties
  • If you are considering becoming a landlord, you likely want to know how many rental properties you need to make 100k. It depends on your location and whether or not you finance your rentals. If you own your homes free and clear, you will need at least eight to ten properties to make $100k in...
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‘I Appreciate You’: What It Means and Why You Should Constantly Say It

i appreciate you in different languages
  • Did you know that telling people ‘I appreciate you’ can help you live a happier life, be more financially secure, and create more meaningful business and personal relationships? Telling someone, ‘I appreciate you,’ means that you are thankful for the individual, the things they do for you, or how they make you feel.   However, this...
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How Old Do You Have to Be to Get a Debit Card?

first debit card
  • One of the most exciting milestones of becoming financially independent is the day you get a debit card. You can manage your finances and pay for things out of your account. However, there are some age restrictions.  At most central banks, applicants must be 18 or older to qualify for sole account ownership. However, a...
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Why Are Houses so Expensive Right Now?

why are houses so expensive?
  • Home prices have been skyrocketing recently. Have you been wondering why?  The recent rise in home prices results from several factors, including inflation, supply chain issues, and material and workforce shortages. Many of these factors were amplified by the effects of the COVID-19 pandemic.  We explain more in this guide, which contains the reason for...
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Wholesaling Laws: Is Real Estate Wholesaling Legal?

wholesaling laws
  • Many people wanting to get into real estate with a small initial investment may choose to do so through mortgage wholesaling. However, you need o know whether or not the practice is legal.  Mortgage wholesaling is legal in most states. However, you need a license in Illinois and Oklahoma, and there are laws you must...
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How Many Mortgages Can You Have? 

how many mortgages can you have
  • Many homeowners and people planning to invest in property wonder ‘how many mortgages can you have.’ You can have up to 10 conventionally financed loans backed by Fannie Mae. However, the guidelines change after the first four loans that you finance.  If you want to learn more about how many mortgages you may be able...
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