Leverage, which in this context means buying properties by taking on debt, can be used to grow your wealth. The reason leverage is used is that it can boost your return on investment (ROI). The debt portion of a leveraged real-estate deal is funded with borrowed money. Leverage makes flipping more profitable. Without it, a Read More…

Tax Benefit of Opportunity Zones OK, you’ve flipped a property for a nice profit, but now you are faced with a tax bill on the gain. The 2017 Tax Cuts and Jobs Act gives you a new way to shelter that profit from the IRS. The Act created Opportunity Zones, which are designated economically-distressed communities Read More…

In the land of unicorns and pink rainbows, you can devote all your time and effort to finding run-down houses, bringing them back to like-new condition, and selling them for triple your investment. Then there is the real world. In the real world, you already have a job, yet somehow money worries are never far Read More…