Today, the U.S. self storage market is an exploding industry valued at $22 billion. There are many reasons for the rise of self-storage investing, but consumer and demographic shifts are the major drivers. According to a recent survey by the online marketplace Mercari, “Americans collectively have more than 5 billion items sitting at home that they no longer use.” That figure is mind-blowing. [Read more…] about U.S. Self Storage Market is Booming—Here’s How to Invest
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What Is an Accredited Investor, Exactly?
Most Americans are taught very little about financial literacy. Thus, the U.S. economy is one of the largest in the world, but America ranks number 14 among countries with the most financially literate citizens.
To gain wealth in America, you have to understand how to take advantage of wealth-building opportunities. One of the most effective ways to build wealth is through investing. However, there’s a major difference between the U.S. government’s definition of a “regular investor” and an “accredited investor.” [Read more…] about What Is an Accredited Investor, Exactly?
How to Invest 5K? Simple Ways to Multiply Your Money in 2022
“Anyone can invest.”
It’s likely that you’ve heard this and similar statements before. If you’re anything like me, you probably didn’t believe this at some point in your life.
There are too many bills to even think about being able to invest 5k, right?
Wrong. [Read more…] about How to Invest 5K? Simple Ways to Multiply Your Money in 2022
How to Properly Vet and Screen Tenants for Your Rental Property
If you have a property that you’re preparing to list for rent, then your friends and family have probably started to tell you horror stories of how things can go wrong with tenants.
I’m not sure why people will have such a strong desire to tell you the downsides of owning rental property, when the upsides of it are absolutely enormous. [Read more…] about How to Properly Vet and Screen Tenants for Your Rental Property
Rich Dad Poor Dad Summary – A Foolproof System for Wealth
This is a summary of the best-selling personal finance book of all time, Rich Dad Poor Dad.
Told as a true story from a first person narrative, Rich Dad Poor Dad was written by author Robert Kiyosaki. The book is controversial, because it doesn’t advise you to follow the standard dogma of penny pinching or relying on a 401K. [Read more…] about Rich Dad Poor Dad Summary – A Foolproof System for Wealth