Andrew Carnegie—founder of U.S. Steel and one of history’s richest men—once observed, “More millionaires have been made through owning real estate than through all other industrial investments combined.” Owning real estate investments remains one of the most effective means of growing one’s wealth. But to fully take advantage of the opportunities the real estate market […]
Tag Archives: Investing
Should You Hire a Management Company or Self Manage Your Rental Property
Taking a Closer Look at the Benefits of Both Property Management & Self-Management Most property owners get into the rental property business to boost their retirement savings, replace their nine to five job, or to simply increase their income. And, to say that most property owners want to do this passively is an understatement. The […]
How a Solo 401K Plan Allows Real Estate to be a Part of Your Retirement Planning
When it comes to retirement planning, most 401k and IRA plans limit their participants investments to stocks, bonds, or mutual funds. While this strategy has worked in the past, recent economic events show that it is not without risk. Many investors are now looking at real estate as a promising alternative. With certain real estate assets, the earnings are […]