Pennies Into Fortunes
A site dedicated to showing how anyone can become wealthy in real estate investing.
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The lesson I learned about money by watching my older brother.
When I was a kid I can remember sitting in the van watching my dad and my pappaw cut grass for an owner of a few apartment complexes around town. This was way before every guy in town had a truck pulling a trailer full of large scale mowers. My pappaw had an old red…
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Deep Dive into what is killing your purchasing power.
I am not an economist, but I can do basic math and my guess is you can too. The reality we all face right now is inflation is eating more of your money on a daily basis. That is why it is more important than ever before to invest money in assets that benefit from…
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This one thing is the most important to have as an investor.
I remember it like it was yesterday. There was a stinch that over took you as you walked through the front door. Walking through room after room was full of a junk like one of those harder houses. The walls looked liked they had been thrown up on. The kitchen looked like all they did…
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16 Ways to build wealth outside of the Stock Market.
I don’t believe growing your wealth is a passive endeavor. It requires commitment and focus if you want to do it during the part of your life where you can actually enjoy it. And I definitely don’t think it is something you should outsource and hope that someone will do for you. Yesterday I was…
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These are extremely rare in baseball and in real estate investing.
Recently, I was talking with another real estate investor about our rental portfolios. And like all real estate investors, we love to tell you about a deal we bought. As we were talking I made the statement that I have yet to hit a homerun on a deal. They have all been base hits that…
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If you are looking for this you are going about it all wrong.
In our world today we have too much information, knowledge and opinions at our finger tips. We just have to open up our phone and everything is right there. We don’t spend enough of our time is looking within ourselves for the reasons, some would say the “why” for our search to begin with. Let’s…
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This stat blew my mind
A few years ago, an author I was reading asked a simple question. He said, “How long could you live your current lifestyle with all of your expenses if your main or only source of income was cut off today?” To me this was an interesting question that I didn’t have the answer to. The…
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Is Financial Independence possible for you? Here are the facts.
My mentor Jim Rohn described financial independence this way. It is the ability for a person to live off of the money or the assets a person has accumulated themselves and has no reliance on someone else to provide them money to be able to live the lifestyle they choose to live. He most likely…
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3 facts about retirement that should scare you!
I was curious to understand how much money the average American has saved for retirement. The information I learned scared the hell out of me and should scare the hell out of you. If you are long time reader of my work, then you know that there are a couple of things I wholeheartedly believe…
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5 reasons you should not invest in real estate hoping for appreciation.
There are debates in the real estate world on which strategy is best when it comes to purchasing income producing property. Should you invest in a great property with lower cash flow, if any, and hope that the asset appreciates significantly over time? Or should you invest strictly for cash flow? Remember HOPE is not…
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Pennies into Fortunes 