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
Real Estate
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
What Does Vacant House Insurance Cover?
Did you know that more than 16 million homes are sitting vacant across the U.S.? This can happen when investors hold a property for long-term price appreciation without renting it out. It can also occur when an owner decides to let a property sit vacant during the off-season. This decision is common in beach towns during the winter and ski towns during the summer, for example. [Read more…] about What Does Vacant House Insurance Cover?
Do You Need a Flood Insurance Policy?
How often do floods happen in your area?
Rapidly changing weather patterns make floods more common almost everywhere. Over the past decade, natural disasters have killed, on average, 45,000 people per year.
You don’t have to travel halfway around the world to experience a crisis caused by floods. You can get unlucky in your living room. When floods happen, you need to be prepared to pick up the pieces. [Read more…] about Do You Need a Flood Insurance Policy?