Rich Dad Poor Dad What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! Rich Dad Poor Dad, the #1 Personal Finance book of all time, tells the story of Robert Kiyosaki and his two dads—his real father and the father of his best friend,...
In a nutshell, a 1031 Exchange is a swap of one asset for another. Most swaps of assets are taxable but a 1031 Exchange can be tax free. Generally speaking, when you sell an asset, you have to pay taxes on the gains. If you sell an investment property, pocket...
A property analysis worksheet is the most important piece of the puzzle for your property analysis needs. At least for me, I rely on this template very heavily. All you need to do is input data in the cells highlighted in green. All the rest is automatically calculated. It’s...
Learning how to calculate CAP rate is easy! The CAP rate or capitalization rate is the ratio of Net Operating Income to property asset value. Net Operating Income / Purchase Price = CAP Rate Suppose the property you're purchasing costs $120,000 and the Net Operating Income is $12,640, then: $12,640 / $120,000 =...
What is the American Dream According to Merriam-Webster, the American Dream is: “a happy way of living that is thought of by many Americans as something that can be achieved by anyone in the U.S. especially by working hard and becoming successful with good jobs, a nice house, two children, and...

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13 Genius Christmas Gifts for College Students

The holiday season is upon us and it’s almost winter break for college students! You know what that means? It’s time to start shopping....