Tag: income property investing
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Mortgage Changes Help Prudent Investors
Along with wisdom, the Biblical King Solomon valued prudence – the ability to use skill and good judgment in managing affairs. “Doth not wisdom cry aloud, and wisdom put forth her voice?” (Proverbs 8:1) And prudence, coupled with wisdom, gave the King sovereignty over one of the most prosperous kingdoms of Biblical times. For investors,…
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Debt: A Wise Investing Tool
According to the Bible, the reign of King Solomon was marked by prosperity and wisdom. Throughout the books of Proverbs and Ecclesiastes, the monarch’s beliefs are expressed again and again: use good judgment, use money wisely and deal honorably with others. One aspect of using money wisely is allowing it to work for you. In…
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When You Buy Rental Property, Think Atlanta
We’ve talked before about how there is no national housing market. While the financial media likes to claim one direction or another for the overall trend, local markets always have defined the present LOCAL conditions. For example, there are plenty of cries of woe to be found in certain geographical pockets around the United States,…
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Would King Solomon Prefer Land or Wall Street?
Obviously, we’re not going to try to read King Solomon’s mind from the perspective of a few thousand years after he lived and died. The headline above shouldn’t be taken literally, but rather as a jumping off point from which to analyze the differences between Wall Street stock investing and the income property approach favored…
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Austin, Texas, 11.5% Profit Would Make Solomon Proud
Austin experienced a moderate value contraction after the financial collapse, but is now regressing back toward its long-term trend of modest single digit appreciation. The economic fundamentals of Austin continue to be strong as it moves into 2011. Currently, approximately 37% of listings in Austin are from foreclosures.
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Refi ‘Til Ya Die
Empowered Investor Network has a series of core concepts that we communicate to our investors. One of these is to “Refi Till Ya Die” with your rental property portfolio. While this description may sound a bit snarky, it is a very powerful strategy for multiplying your wealth over the long-term.