It’s been almost a year since I’ve published anything about real estate.  Since then, there are 4 great lessons learned in 3 years of Real Estate Investing.  I get quite a few emails from people asking how things are going with it and each time, my responses are slightly different.  This time, I think I’ll just put it all out there as I normally do.  Let’s jump in. 1. Risk is Necessary for Real Estate Investing Since the start of BuyMyTimeBack.com, I’ve learned you CANNOT be a punk. You do need to take risks.  Building Wealth is not necessarily the easiest thing to acc ..read more

I am going to explain this, so we are clear about investing.  The term “investing” is perceived to be such a loaded and complicated word when it means merely:   Expend money (or time) with the expectation of achieving a profit or material result. That’s it!  Now, where it gets interesting is when we start asking the question, “What should I invest in?”.  I get asked that quite often, and my response is always “what are you trying to accomplish?”. The most common answers I get are “I don’t want to work anymore” and “I want to have money for retirement.”.  It is rare that I would hear “I want to ..read more

My team and I completed a rehabilitation project for one of our rental units this weekend.  This project was cosmetic with the exception of the HVAC Unit.  We think this is a non-issue (no gas), but we will know later in the week.  This is the first post of rental rehab with pictures and costs.  If you want to know what we paid for the building in detail, check out Buying Real Estate for Passive Income.  With that being said, let’s dive in!The StoryThe original tenant was inherited from the previous owner.  From what we gather, the tenant had been living there for a number of years and didn’t ..read more