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Blogger Profile


ScaredyCatGuide

Blog Info

Name:
ScaredyCatGuide
Category:
General Finance
Tags:
Real Estate, Early Retirement
Start Year:
2016

Blogger Bio

Net worth:
$385,000.00
Location:
West Palm Beach, Florida, United States
Age:
30s
Race:
White
Gender:
Male
Life stage:
Unspecified
Profession:
Investor
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Latest Blog Posts

Many rules of thumb exist in real estate investing.  An example is the 1% rule – meaning the monthly rent should be 1% or more of the purchase price for a property to cash flow. Another rule is that your Read More The post When Renovation Cost Is More Than Your Purchase Price appeared first on . ...
Posted: May 30 2020 @ 3:12 PM
Technically money can be made in any market, lets just be clear on that.  It is the probability of making money that changes with the market. From 2012-2018 making money flipping houses was like taking candy from a baby.  I Read More The post Has the House Flipping Punch Bowl Run Dry? appeared first on . ...
Posted: May 23 2020 @ 11:03 PM
As a rental property investor your main goal is to turn a property into an income producing asset.  With the economy in question at the moment many people have asked if now is a time to acquire rental properties or Read More The post Buy Right and the Economy Doesn’t Matter appeared first on . ...
Posted: May 16 2020 @ 5:47 PM
Even if you’ve only loosely looked at bitcoin price analysis there is a good chance the term “double top” has came across your eyes. It is that phase indeed that I am pondering as I look at the bitcoin chart. Read More The post Bitcoin Key Price Level That Could Dictate the Rest of 2020 appeared first on . ...
Posted: May 14 2020 @ 9:15 PM
With social media being a main force in communication and commerce today it is easy to lose focus on business practice and processes. I see this a lot now that facebook marketplace has become a go to source for listing Read More The post Don’t Be a Rookie: Qualify Applicants Before the Showing appeared first on . ...
Posted: May 10 2020 @ 1:26 AM
In the matter of 30 days the world functions as a very different place.  Just over a month ago I was preparing to fly to Massachusetts to celebrate the completion of a renovation project and go out looking for the Read More The post Three Ways The Pandemic Shifted My Investing Plans appeared first on . ...
Posted: May 02 2020 @ 9:41 PM
In recent years using money from one’s 401(k) plan to invest in real estate has become more popular.  Essentially, you take a loan from your 401(k) to buy a property or use as a down payment. There are specific rules Read More The post Use Your 401(k) for Real Estate Like Never Before appeared first on . ...
Posted: Apr 26 2020 @ 12:02 AM
The internal revenue service has extended the deadline on two very popular real estate investing tax methods. Given the current societal environment it would have been a fumble to not give these transactions more time. Let’s cover the two most Read More The post IRS Extended Some Real Estate Investing Tax Deadlines appeared first on . ...
Posted: Apr 17 2020 @ 8:58 PM
For every action there is a reaction, every cause an effect.  The ripple effect of all the actions our government is taking to sure up the economy can be explored for days. However, what about looking at data and trends  Read More The post Luck Equals Preparation Meeting Opportunity appeared first on . ...
Posted: Apr 12 2020 @ 10:25 AM
The fortitude of a business and its operators isn’t found when times are good.  It is found when times are bad. Today I was on multiple zoom calls with other real estate investors.  Part of the conversation was about what Read More The post Will the True Real Estate Operators Please Stand Up? appeared first on . ...
Posted: Apr 04 2020 @ 9:32 PM

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