Case Study: 42% Cash-On-Cash Return in Hialeah, La Ciudad Que Progresa!
Seasoned investors in Miami will mostly agree that Hialeah is one of the best rental markets in the area. During the mortgage crisis, Hialeah boasted what some call a “negative vacancy rate.” With the constant influx of immigrants from Latin... Read More →
Negative Cash Flow is Poison. Stop Buying It!
The word “investment” is defined as follows: The action or process of investing money for profit or material result. The very definition of the word implies profit, which is why it always boggles my mind when I hear people tell... Read More →
You Finance Everything You Buy, Even When You Pay Cash
There is a book by R. Nelson Nash called Becoming Your Own Banker. The main purpose of the book is to demonstrate how the cash value of a Whole Life Insurance policy can be used as a source of financing... Read More →
The Rich and Their “Tax Loopholes” – Depreciation Expense
Last week I wrote about the 1031 Exchange and the common misconceptions that many individuals have regarding the wealthy and how much or how little tax they actually end up paying. In an nutshell, the tax code and it’s advantages... Read More →
Deferring Taxes in Real Estate Using a 1031 Exchange
Very often, usually in political discussions, a group of usually very misinformed individuals will scoff at the “rich” and their “tax loopholes.” It is very common to hear phrases such as “the rich don’t pay taxes” or “tax cuts for... Read More →
What is a Cap Rate in Real Estate?
If you decide to get into real estate investing, you will very quickly hear the term “cap rate” be thrown around quite often. The capitalization rate is a concept that you need to understand immediately, if you are going to... Read More →
The Reason Why Real Estate Investing is Less Risky Than Having a Job
In this world, most of us have jobs. It is what we’re groomed to do our entire lives from the day we set foot in our first classroom. No one teaches you to be an entrepreneur. No one teaches you... Read More →
We Are All Bankers. Here is Why.
Anyone who follows any sort of political or financial news has most likely heard a politician or two condemning the banking system. Far too often do we hear about how banks are evil and are the root cause of all... Read More →
The Main Reason Why Condos Are Bad Investments
As a real estate investor, I am often tempted by the idea of buying condos and turning them into rentals. Living in a “condo-centric” city like Miami, it is often hard to find decent opportunities in the multifamily and single... Read More →
Case Study: Allapattah 3-Unit Multifamily Acquisition
This is the first of what I hope to be a series of articles that highlights past deals. It is meant to give a more in depth analysis of the performance of some of our investments as well as give... Read More →