If you’re a regular guy and looking for business ideas that line up with your interests and skills, you are in the right place. In this article, we are going to discuss 30+ business ideas specifically suited for men. What’s more, these ideas can be perfect for beginners in the industry who have no special …
30+ Business Ideas For Men [No Degrees or Experience Needed] Read More »
We have all seen gaudy displays of wealth. The guy driving around his convertible Bentley flashing his Richard Mille watch and Louis Vuitton sunglasses. The woman walking around with her Hermes Birkin handbag and red-soled Louboutin shoes. But not all wealthy people flaunt their wealth in this way. In fact, most who have become comfortable …
11 Signs of True Wealth [Non-Obvious Indicators] Read More »
The world is a competitive place. Especially in business. When it comes to making money, the temptation to squeeze out just a little more profit can often lead people down an immoral (and often destructive) path. History is filled with examples of this. In this article, I am going to discuss 17 of the most …
Unethical Business Practices [From the Distasteful to Despicable] Read More »
If you are interested in starting a hotshot trucking business but don’t know where to begin, you are in the right place. In this beginner’s guide, I will cover 7 essential steps to starting a hotshot business. Here’s a preview of each step that we’ll cover (of course, if you want to jump ahead to …
How to Start a Hotshot Trucking Business in 7 Simple Steps Read More »
Most people want to become wealthy someday. But if you are like me, you don’t want to wait until you are old and grey to enjoy your wealth. So that poses the question – can you become wealthy (even a millionaire) in 5 years or less? Or is that just a fantasy? Here’s my take: …
How to Become Wealthy in 5 Years [7 Strategies Backed by Real Data] Read More »
I grew up poor. My old NYC neighborhood had gangs, drugs, and violence. It wasn’t the worst part of the city, but it was plenty bad. I still remember the sound of gunshots at night (which I thought were firecrackers at first). Fortunately, like many of the kids at school, I got to eat free …
How to Become Rich From a Poor Background [9 Lessons I Learned] Read More »
With the emergence of e-commerce, online businesses have become increasingly popular, but sometimes starting a solid brick and mortar business is your best bet for reliable long-term success. After all, people will always shop locally for food, gas, and other essentials, and in many cases, there is no substitute for the convenience of a local …
How to Start a Brick and Mortar Business [Complete Beginner’s Guide] Read More »
The most important ingredient to the success of your dump truck business is getting a steady flow of profitable dump truck contracts. But this can be a real challenge sometimes, so the more strategies that you have at your disposal to get these vital contracts, the better. In this article, we are going to discuss …
How to Get Dump Truck Contracts [9 Ways That Work] Read More »
I grew up in a pretty bad part of New York City. I am talking about gangs, drug dealing and gunshots in the night type of bad. When you live in an area like that, being poor is a given. During that time (and even into early adulthood) I constantly struggled with money. In fact, …
13 Classic Signs You Are Poor [Plus How to Fix Them] Read More »
No one likes to fail. Failure can feel devastating and can lead to depression and hopelessness. It can destroy your self-confidence. Everyone knows this because everyone has experienced failure. Sometimes the failures are small (e.g., you didn’t finish off all the things on your to-do list for the day). In that case, there may be …
7 Reasons Why Failure is Good [Lessons I Learned as an Entrepreneur] Read More »
Hard work can pay off in certain endeavors where your result is solely tied to how much work you put in, but in cases where multiple factors determine success, hard work alone may not pay off. For example, if you are working at a job that offers overtime pay, then hard work will pay off …
Does Hard Work Pay Off? [Answered, With Tips on How to Succeed] Read More »
Everyone wants to be rich, but not everyone will get there. So what are the signs that you have what it takes to be wealthy? In this article, I am going to discuss 11 telltale signs that you will be rich someday. They include having a keen desire to make money, knowing your strengths and …
If you own a computer (or can get one) and want to learn how to make passive income with it, you are in the right place. In this article, we are going to cover 9 ways that you can make passive income (which is income that you earn without ongoing effort) with your computer. I …
How to Make Passive Income with a Computer [9 Strategies that Work] Read More »
If you are having problems making and keeping money and want to know what’s causing your money troubles (and more importantly, how to fix them), you are in the right place. I wrote this article because there was a time when I felt that it was impossible to get ahead and money seemed to slip …
Why Is Money So Hard to Get? [Real Answers and Practical Advice] Read More »
If you are looking to be a freelancer, but don’t have a lot of formal training, education or experience, you are in the right place. I know that freelancing can be intimidating, especially if you are a beginner and have held a job your entire life. But we’ve got you covered. In this article, we …
12 Easiest Freelance Jobs for Beginners (No Experience Required) Read More »
If are looking to start an online business, but want to better understand what you’ll be getting into, you are in the right place. In this article, I am going to discuss the pros and cons of starting and operating an online business and (where relevant) contrast them against traditional brick and mortar businesses. Some …
Advantages and Disadvantages of Online Businesses [Complete Guide] Read More »
If you are looking for ways to make money without a car, you are in the right place. When I was younger, I didn’t have a car (this was in Los Angeles where everyone has a car) and I remember how hard it was to do even the most simple tasks. If you are trying …
How to Make Money with No Car [17 Creative Strategies that Work] Read More »
If you are looking for rock-solid businesses that have a very high success rate, then you are in the right place. Now let me start by saying that there is no business that will never fail. Any enterprise where you can make serious money is going to have some risk associated with it. In fact, …
Businesses that Never Fail? [7 Business Ideas Backed by Data] Read More »
If you want to learn some great ways to make money with a pickup truck, you are in the right place. In this article, we are going to discuss 9 ways to make money with a pickup truck that actually work. I’ve also included a bonus idea if you happen to have a decent-sized trailer …
How to Make Money with a Pickup Truck [9 Ideas That Work] Read More »
If you are looking for a business that can make money for you everyday, you are in the right place. In this article, we are going to discuss 9 different types of businesses that will allow you to enjoy daily income. Whether you are looking for a business that will make enough money to cover …
What Business Can Give Me Daily Income? [9 Great Examples] Read More »
If you want to learn how to make passive income with Amazon, you are in the right place. Amazon is the largest e-commerce business in the world (it has a market cap of around $1.7 trillion as of this writing) and there are some amazing opportunities to make money through the infrastructure that Amazon has …
How to Make Passive Income on Amazon [9 Strategies that Work] Read More »
If you are looking for ways to make money without any ID you are in the right place. In this article, we are going to discuss 20+ ways that you can make money without having any formal ID, bank account, social security number or other form of identification. Obviously, if you don’t have ID, it …
How to Make Money Without ID [20+ Ways that Work] Read More »
If you are looking to start a transportation business, but don’t know where to begin, you are in the right place. In this article, we are going to discuss 30+ amazing transportation businesses that you can start. We will group these businesses based on different kinds of transportation vehicles. We’ll start off with the biggest …
Transportation Business Ideas That Work [Ultimate Guide with 30+ Ideas] Read More »
If you want to learn how to start a Korean BBQ restaurant, but don’t know where to begin, you are in the right place. In this article, we will provide a step-by-step guide to starting a Korean barbeque business, from formation to launch. We will cover also cover some key introductory topics, including what a …
How to Start a Korean BBQ Restaurant [8 Simple Steps] Read More »
If you want to earn passive income through real estate investing, you are in the right place. In this article, we are going to discuss 12 examples of passive income real estate investing that work. They include classic examples, such as residential rental properties, as well as more exotic examples like triple net leases, note …
Passive Income Real Estate Investing Examples [12 Strategies That Work] Read More »
If you are looking to start a trucking business, but don’t know where to begin, you are in the right place. In this article, we are going to discuss the best trucking businesses to start. We will group these businesses based on different kinds of trucks, including semi-trucks, box trucks, dump trucks, and vans (both …
Best Trucking Business to Start [20+ Business Ideas] Read More »
If you have a box truck business and want to learn some of the best ways to get box truck contracts, you are in the right place. In this article, we will discuss 9 ways for a box truck owner to get delivery contracts (or loads) for their box truck business. Below is a table …
How to Get Box Truck Contracts [9 Strategies That Work] Read More »
If you are interested in starting a transportation business with just a single van but don’t know where to begin, you are in the right place. In this article, I will cover 7 essential steps to setting up your transportation business. Here’s a preview of what we’ll cover (of course, if you want to jump …
How to Start a Transportation Business With One Van [Beginner’s Guide] Read More »
If you are interested in starting a trucking business with one truck but don’t know where to begin, you are in the right place. In this article, I will cover 6 essential steps to setting up a trucking business beginning with just a single truck. Now one of the key questions is what type of …
How to Start a Trucking Business With One Truck [Semi, Box Truck or Cargo Van] Read More »
If you are looking for a complete guide on how to make serious passive income, you are in the right place. We have collected over 25 proven methods for making passive income and organized them to meet your specific situation and goals. Don’t have any money to get started? No problem, we’ve got an entire …
The Ultimate Guide to Passive Income [25+ Strategies That Work] Read More »
If you want to start generating passive income, but only have a little money to start, you are in the right place. This article will cover 9 ways to start generating passive income each month by making small investments over time. All of these ideas cost less than $500 to start and have the potential …
Small Investments For Passive Income [9 Strategies] Read More »
If you are interested in starting a box truck business but don’t know where to begin, you are in the right place. In this beginner’s guide, I will cover 7 essential steps to starting a box truck business. Here’s a preview of each step that we’ll cover (of course, if you want to jump ahead …
How to Start a Box Truck Business in 7 Simple Steps Read More »
Looking for small business ideas that will always be in demand? You are in the right place. In this article, I am going to explore some of the most reliable and steady small businesses that are resistant to recessions, cannot be outsourced, are not trendy, and won’t be made obsolete through technology. I will also …
13 Small Businesses That Will Always Be in Demand [Incl. How to Start Them] Read More »
If you are interested in starting a dumpster rental business (sometimes known as a roll-off dumpster business) but don’t know where to begin, you are in the right place. Renting out dumpsters can be a great recession-proof business that is simple to operate and can actually be run passively if you hire the right people. …
How to Start a Dumpster Rental Business [Beginner’s Guide] Read More »
If you are interested in starting a dump truck business but don’t know where to begin, you are in the right place. In this beginner’s guide, I will cover 10 essential steps to starting a dump truck business. Here’s a preview of each step that we’ll cover (of course, if you want to jump ahead …
How to Start a Dump Truck Business [Beginner’s Guide] Read More »
If you are looking for reliable ways to make real money on autopilot, you are in the right place. We have collected 17 proven methods for making passive income without a lot of hassle. Here’s a preview of what we’ll cover. Rent Out Extra Rooms Create An Online Course Peer to Peer Lending Rent Out …
17 Proven [and Simple] Ways to Make Money on Autopilot Read More »
A high cash flow business is one that allows you to enjoy a powerful return on investment. I am talking about businesses that will produce reliable cash flow each month that far exceeds the returns you can get by investing in more traditional income producing assets like CDs, bonds, and yes, even stocks (which have …
8 High Cash Flow Businesses [Proven Cash Flow Data] Read More »
Choosing a name and logo for your new company is a critical step in establishing your business. The right name will be memorable, original and will evoke the right emotions and connections to your business. Similarly, a great logo will be distinct, attractive, and create instant recognition when people see it. Most entrepreneurs are so …
How to Choose a Company Name and Logo [16 Key Strategies and Tips] Read More »
One of the key steps in starting a new small business is conducting market research. It’s not the first step, of course. Coming up with the right business idea takes that spot. But once you’ve settled on that, conducting proper market research comes in a close second. Why is market research so important? Market research …
How to Do Market Research For Your New Small Business in 5 Simple Steps Read More »
If you want to start a business, but are struggling to find the perfect business idea, you are in the right place. Finding the right business idea is the first (and perhaps hardest) step to starting your business. After all, the ideal business for you has to tick a lot of boxes. It should be …
How to Start a Business When You Have No Ideas [Incl. Extensive Ideas List] Read More »
Starting a business can be intimidating. You need to navigate all of the legal, financial, operational, marketing and other requirements involved with creating a new business. But don’t let that get in your way. With the right information, you can get your business off the ground and begin your journey as an entrepreneur. I have …
Ultimate Beginner’s Guide to Starting a Business Read More »
If you want the chance to earn incredibly high profits (upwards of 100% APRs in some cases) while offering a much needed funding option for small businesses that need cash fast, then starting a merchant cash advance business may be the perfect business for you. This article will provide a step-by step guide to starting your merchant …
How to Start a Merchant Cash Advance Business in 4 Simple Steps Read More »
Gutter cleaning can be a low-cost business that is easy to start and can be done from the comfort of your home (no need for an office or storefront). If you have a working vehicle, the right equipment (which only costs $550), and are physically able to handle the work, you can start making pretty …
Start a Low Cost Gutter Cleaning Business in 5 Easy Steps Read More »
Are you a make-up maven and love the satisfaction of helping people with their beauty needs? Then starting an eyelash extension business (which you can do from the comfort of your home) may be the perfect business for you. The best part of this is that starting costs can be low (especially if you don’t open …
How to Start an Eyelash Extension Business in 6 Easy Steps Read More »
Have a creative streak and enjoy the satisfaction of sculpting unbelievable eyebrows? You can channel your love of make-up and harness your artistic skills into a profitable business by offering microblading services. The best part is that you can make good money microblading without crazy high starting costs (it can even be started from home). …
How to Start a Microblading Business in 6 Simple Steps Read More »
Have an artistic streak and love the satisfaction of creating a beautiful set of custom press-on nails? Then starting a press-on nail business (which you can do from the comfort of your home) may be the perfect business for you. The best part of this is that you can buy all of the equipment you need to get started …
How to Start a Press On Nail Business [Step-By-Step Guide] Read More »
Are you a Poshmark seller (or interested in becoming one) and want to learn which brands sell best on Poshmark? You are in the right place. Let’s start off with the most obvious way to figure out what Poshmark considers the most popular brands on their platform. If you go to their homepage and check …
What Brands Sell Best on Poshmark in 2022? [Incl. Secrets Tips for Success] Read More »
Are you a native English speaker looking for a low-key way to make some extra money? Then chatting with someone who wants to improve their English may be the perfect side gig for you. There are a lot of people who want to become fluent English speakers. They may want to work on improving pronunciation, …
Get Paid to Simply Chat in English: 5 Legit Ways Read More »
Want the incredible income that comes from owning a profitable business but don’t want the headaches of running one? You need to own a business that runs on autopilot. I know it sounds impossible and too good to be true, but these businesses are out there. Businesses that run on autopilot fall into two camps: …
If you want to start generating passive income, but don’t have a lot of money to start, you are in the right place. This article will cover 9 low-cost ways to earn passive income. All of these ideas cost less than $500 to start and have the potential to make some really attractive returns over …
9 Low Cost Passive Income Ideas that Work [All Under $500] Read More »
If you are an introvert and want to find passive income ideas that will work with your personality, you are in the right place. This article will cover 7 ways to earn passive income without interacting a lot with others or drawing a bunch of attention to yourself. We are not going to cover standard …
Passive Income for Introverts: 7 Customized Strategies Read More »
If you are a non-accredited investor and want to find passive income ideas that can generate outsized returns, you are in the right place. This article will cover 5 ways you can earn passive income while still working your day job. Just because you’re not an accredited investor (which generally means you’re not a millionaire …
5 Powerful Passive Income Strategies For Non-Accredited Investors Read More »
Love the satisfaction of taking a dirty, worn-out looking car and transforming it into a sparkling and pristine looking set of wheels? Then starting a mobile car wash may be the perfect business for you. The best part of this is that you can buy all of the equipment you need to get started (including a pressure washer) for …
Start a Mobile Car Wash Business for $250 [6 Easy Steps] Read More »
Love the satisfaction of taking a dirty, worn-out looking car and transforming it into a sparkling and pristine looking set of wheels? Then starting a car wash from home may be the perfect side business for you. The best part of this is that you can buy all of the equipment you need to get started (including a pressure …
Start a Car Wash Business at Home for $250 [6 Easy Steps] Read More »
Passive income is the endgame for many investors and entrepreneurs. Imagine getting to a place where all of your hard work and investments finally pay off and you are able to receive a reliable stream of passive income that covers all of your expenses (and then some). It’s the dream. But getting there can be …
44 Inspiring Quotes on Passive Income for the Determined Investor Read More »
If you are interested in owning a Korean fried chicken franchise in the US, you are in the right place. We have collected information on some of the best Korean fried chicken chains that are currently looking for franchisees. Most of them require prior restaurant experience (although one of them does not!) and can be …
Want to Own a Korean Fried Chicken Franchise? [5 Best U.S. Options] Read More »
You can get rich being a landlord if you buy multiple properties and operate them profitably. There are 4 ways a landlord can make money from rental properties: (i) cash flow; (ii) appreciation; (iii) debt reduction; and (iv) tax breaks. Add on top of that your ability to use leverage to increase your returns and …
Can You Get Rich Being a Landlord? [Answered, With Tips on How] Read More »
Starting an ice vending machine business can be a terrific way to generate passive income and improve your financial future. All you need to do is buy the right ice vending machines, place them in high-traffic locations, and enjoy the stream of passive income that those machines will generate for you. Vending machines in general …
How to Start an Ice Vending Machine Business [Beginner’s Guide] Read More »
Earning passive income through blogging seems like the perfect side business, no? Here’s how it works. Every article you write is a line you are throwing out into the water that can generate passive income for you in the future. If an article starts to rank on Google (or gets traffic through other sources), then you …
Passive Income Blogging: 8 Simple Steps to Get Started Read More »
Want the incredible income that comes from owning a profitable business but don’t want the headaches of running one? You need to own a business that runs itself. I know it sounds impossible and too good to be true, but these businesses are out there. Businesses that run themselves fall into two camps: (i) those …
Businesses That Run Themselves? Here Are 12 Examples Read More »
If you love flowers, enjoy creating beautiful designs, and want to be part of an industry that caters to the special moments in life, a flower shop may be the perfect business for you. But starting a business can be daunting. If you want the benefits of owning a flower shop, but don’t want the …
What Are the Best Flower Franchises? [Incl. Key Info for Each] Read More »
Starting a floral business isn’t easy, but it can be a highly rewarding. Apart from the money, you get to create beautiful floral designs everyday. As a bonus, you can make someone’s special day even better (e.g, by providing amazing bouquets and arrangements for a wedding or other celebratory event). My wife (who is the …
Want to Start a Floral Business? A Complete Step-By-Step Guide Read More »
If you are looking for a great source of passive income with attractive ROIs, an ATM franchise may be the perfect fit for you. As of the date of this writing, there is one “traditional” ATM franchise company that services North America: ACFN. When I say “traditional” I mean regular old cash withdrawal ATMs. If …
Intrigued by the idea of owning a franchise but don’t want the hassle of operating one? I get it. Franchises can be terrific businesses, but many require you to be an owner-operator (i.e., they want you to actively work on premises running the operations). But if you have a full-time job that you want to …
7 Best Absentee Franchise Ideas [With Links For Each] Read More »
If you’re a lawyer like me, you are probably swamped just trying to do your job. But what if you want to make a few extra bucks while still holding onto your job? A side gig may not be practical if your job as a lawyer keeps you fully occupied. That’s where passive income comes …
Passive Income For Lawyers: 7 Powerful Strategies That Work Read More »
If you’re interested in buying rental properties, investing in a fourplex can be an excellent choice. That’s because a fourplex strikes the perfect balance between affordability and scale. Here’s what I mean. When you invest in a fourplex (which is a building that has 4 separate units in it), you get the high income and …
Delivery routes can be highly profitable businesses that provide stable yet passive income to the business owner. We are going to be discussing the 4 best types of delivery routes you can own. They are as follows: FedEx Delivery Routes Bread Routes Vending Machine Routes ATM Machine Routes For each of the four routes highlighted …
What Are the Best Delivery Routes to Own? [4 Great Options] Read More »
Buying a business can be a great way to generate solid returns on your investment or even begin a new career path as an entrepreneur. But it can be expensive. A quality business that is generating solid income will not come cheap. Of course, financing may be available for many businesses, but you are likely still …
How to Buy a Business With No Money: 9 Strategies That Work Read More »
I love the idea of a franchise business. You get to be a part of an established brand and can operate under a proven business model. What’s even better is that some franchises can be structured to generate passive income. How is this done? In most cases, all you need to do is put in place …
Best Franchises for Passive Income: 7 Examples [With Links] Read More »
The FIRE movement consists of people who want to retire early with a nest egg that can fully support their living expenses. FIRE (short for Financial Independence, Retire Early) sounds like an awesome goal to me. The problem is that most people try to achieve FIRE by radically cutting expenses and saving every penny left …
How to Achieve FIRE Fast: 6 High Cash Flow Strategies Read More »
Coast FIRE is when you have saved enough money that you don’t need to continue contributing to your retirement funds to meet your future retirement goals. It’s a variant of the FIRE movement, which stands for Financial Independence, Retire Early. Under regular FIRE, you scrimp and save until you have amassed enough money to quit …
If you are here, you are probably already familiar with the FIRE movement, which stands for Financial Independence, Retire Early. Barista Fire is a type of FIRE, but with the goal of retiring early from your job even if you don’t have enough money to do so. The assumption is that you have saved up …
Did you know that you could buy an ATM and make money each time someone makes a withdrawal from that ATM? The ATM business can be very lucrative and if structured correctly, can provide the owner with a steady stream of mostly passive income. Don’t have any money to start an ATM business? We got …
How to Start an ATM Business with No Money [9 Strategies] Read More »
Want to invest in a profitable, reliable, recession-proof business with a incredibly high success rate (95%) where machines do most of the work? Owning a laundromat will allow you to do just that. And if you structure it properly, you can enjoy passive income as an “absentee owner” of that business. Being an absentee owner …
How to Run Your Laundromat as an Absentee Owner: A Beginner’s Guide Read More »
Want to invest in a business that generates a great ROI and partner with one of the most respected brands in the world? By buying a FedEx route, you can do exactly that. And if you structure it properly, you can enjoy passive income as an “absentee owner” of that business. In simple terms, being …
Absentee Ownership of FedEx Routes: A Beginner’s Guide Read More »
Interested in learning how you can make passive income by investing in trucks? Sounds a bit odd, I know, but there are some great ways to do this (and the ROIs can be impressive). In this article, we will discuss 3 strategies that you can use to generate passive income through truck investing. We will …
Truck Investing for Passive Income: 3 Strategies that Work Read More »
Did you know that billboards are now mobile? That means you can buy a truck that has billboards on the side and sell that advertising space to companies. This is a big deal because one of the hurdles in getting into the billboard business is finding a location that allows billboards. Most municipalities have very …
How to Start a Mobile Billboard Business in 7 Easy Steps Read More »
Want to get 20% ROI on your investments? We have four reliable strategies that have the potential to get you there (with 8 real examples, backed by data). Now I don’t mean one-shot deals. I am talking about steady investments where you can consistently earn over 20% ROI year after year. Contrast that with the stock …
Want the incredible ROI of a profitable business but don’t want the headaches associated with running one? The absentee-run business may be perfect for you. An absentee business is one where the owner does not run the day-to-day operations of the business. Instead, they have a management team and employees performing this essential function. If done …
Best Absentee Businesses [Incl. 12 Practical Examples] Read More »
Want to own a profitable and passive real estate business where you don’t have to deal with tenant complaints, broken toilets, and the usual hassles that come with managing rental properties? The unmanned self-storage unit facility may be the perfect passive income solution for you. With this type of self-storage operation, you can enjoy a …
Start a Passive Self-Storage Business: 7 Easy Steps! Read More »
Want the high ROI of a profitable business but don’t want the headaches associated with running one? A passive income business may be perfect for you. It’s as close as you can get to having your cake and eating it too. So how do you figure out which businesses are compatible with generating passive income? The …
If you are here, you are probably already familiar with the FIRE movement, which stands for Financial Independence, Retire Early. FatFIRE is a type of FIRE, but with the goal of having a luxurious retirement to boot. It’s a tall order. Many people seeking to achieve leanFIRE (which is retiring early with a frugal lifestyle) …
If you have some spare time, enjoy being with people, and want to make some extra money, you can get paid to be someone’s friend by renting out your companionship. There are several online “rent-a-friend” platforms out there that specialize in connecting people who want a friend with people willing to rent out their friendship …
Get Paid to Be Someone’s Friend [Incl. Tips to Max Your Income] Read More »
Most people view debt in a negative light. But the prudent use of debt to buy income-producing assets is a proven path toward building wealth. I used this basic principle to dramatically grow my net worth in a fairly short span of time. In this article, we will cover how to use debt to create passive …
How to Use Debt to Create Passive Income: 6 Ways That Work! Read More »
Passive income is the pinnacle of personal finance. That’s because it gets you to the final destination along your financial journey. Here’s what I mean. Most people spend their entire life working at a job. They are at the mercy of their employer and, while some people love their job, many don’t. They tolerate it …
Why Passive Income Is Important: Plus 6 passive income ideas that work Read More »
The vast majority of financial advisors will tell you that debt is bad. And in many cases, that’s true. If you are struggling to make payments each month on your credit cards or student loans, then you need to address that. But if you are in a situation where your personal debt is under control, you …
Use Debt to Get Rich? 7 Strategies I Used to Make 7 Figures Read More »
Laundromats can be a terrific source of income if you are looking for a profitable, reliable, recession-proof business that enjoys an incredibly high success rate. What’s better is that you can structure your laundromat business to provide passive income to you. With the right processes, equipment, and workers in place, you can make the business …
How to Start a Passive Laundromat Business: 6 Easy Steps! Read More »
ATMs are everywhere. That’s because when you need cash in a hurry, they offer a convenient and quick solution. But did you know that many of those ATMs are owned by people like you and me? I am not talking about those ATMs that are clearly affiliated with a big bank or financial institution. I …
How to Start an ATM Business: A Step-By-Step Guide Read More »
If you are a real estate investor looking to do a lease option deal, one of the biggest challenges you will face is finding owners who are willing to enter into lease option contracts with you. Lease option arrangements can offer owners some great benefits, but most owners who are in the market to sell …
How to Find Lease Option Deals: 6 Strategies that Work! Read More »
Being self-employed can be amazing. You are your own boss and don’t answer to anyone. It’s incredibly liberating and that’s a big reason why people leave their jobs to become self-employed. But you obviously lose some of the predictability that comes with having a “normal” job, like a steady income and benefits. Because you don’t …
Want to Finance Rental Properties When Self-Employed? 3 Strategies That Work! Read More »
It’s hard to build and manage a rental property business. I know this for a fact – I own nine properties and self-manage them while holding down a full-time job. If you are a landlord too, I am sure you can relate. So it only makes sense to preserve what you have built with adequate …
Umbrella Policy vs. LLC: Which Is Better for Landlords? Read More »
Buying lease options is a little-known investing strategy that has been used by real estate investors to control real estate at low cost while generating strong cash flow. Rental property investing, on the other hand, is a tried and true investing strategy that everybody knows. This form of investing has a host of advantages, including …
Lease Options vs. Rental Properties: Which is Better? Read More »
Kids love bounce houses. I have two boys and know this firsthand. They can spend hours running, jumping, and playing with their friends on these inflatable structures. Bounce houses definitely have something (some sort of magnetic quality) that draws children to them and compels them to climb in and starting jumping around. Parents know this. …
Did you know that you could buy a bread route and make money off every loaf of bread that you sell to supermarkets and huge retailers in your territory? I am talking about selling well-known bread brands, like Wonder, Nature’s Own, Pepperidge Farm and Sara Lee to major retailers like Walmart and Target. And the …
Did you know that you can buy FedEx routes and make money off every delivery that is made in your territory? It’s a business model that has been around for a long time now and there is a vibrant marketplace for FedEx delivery routes. In this article, we will provide a guide to buying FedEx …
Want to earn passive income with a great ROI and partner with one of the most well-known and respected brands in the world? You may want to consider buying a FedEx route. This beginner’s guide will give you an overview of the FedEx route buying process, including (i) where you can buy these routes, (ii) …
FedEx Routes For Passive Income: A Beginner’s Guide Read More »
Billboards have been around for a long time and they are everywhere. Companies pay big bucks to get their advertisements on billboards because they know that they work. Why does this matter? Because if you own a billboard, you too can profit from this $6.5 billion industry. Source: IBIS World So you know there is …
Owning Billboards For Passive Income: A Beginner’s Guide Read More »
People love their cars. Not only do their cars get them around, but they can also be a source of pride. Part of maintaining your car is keeping it clean and free of dirt, bugs, bird droppings, salt, and grime. A car wash is the easiest and most convenient way to keep it clean. If …
Automatic Car Washes for Passive Income: A Beginner’s Guide Read More »
There has never been a better time to automate your rental property management. Advancements in technology now allow landlords to automate many of the key property management functions that used to take up a lot of time and energy. If you are a landlord self-managing your properties, this is great news. This guide will explore …
Automate Rental Property Management [Real Landlord’s Guide] Read More »
If you are a real estate investor and want to grow your rental portfolio, you are eventually going to run out of money to buy new properties. That’s true whether you start with $1,000 or $1 million. Once you buy enough properties, your funding is going to run out. I’ve been there and know the …
How to Keep Buying Rentals When You Run Out of Money Read More »
We see ATMs everywhere. When you need cash in a hurry, they are really the only option, unless you have a bank branch nearby. But did you know that many of those ATMs are owned by people like you and me? I am not talking about those ATMs that are clearly affiliated with a big …
We see vending machines everywhere. The sales from those little candy bars, potato chips, and sodas create a huge market. In the U.S. alone, vending machines take in an estimated $20 billion to $30 billion in annual gross sales. Source: Chron So we know it can be profitable. But the real pull of a vending …
Vending Machines As Passive Income: A Beginner’s Guide Read More »
Rental property investing has been around forever and is a tried-and-true way of making money in real estate. Real estate crowdfunding is the relative new kid on the block, but is taking the real estate investing world by storm. Which is better? Real estate crowdfunding is the better investment strategy if you want a passive, …
Real Estate Crowdfunding vs. Rental Property Investing: Which Is Better? Read More »
If you are an investor looking for passive income, buying a blog can be an appealing option. Unlike other online businesses, buying an existing blog can generate income without you having to do anything. There is no inventory to manage, no customer complaints to address, and no employees to supervise. Blogs are generally monetized through …
Buying a Blog For Passive Income? 10 Risks You Can’t Ignore Read More »
Are you looking for a passive income investment that can potentially yield over 30% returns annually? Sounds too good to be true, I know. But, if done correctly, buying a blog for passive income may do just that. Unlike other some online businesses, buying an existing blog can generate passive income without you having to …
Buying a Blog For Passive Income? What You Need To Know Read More »
Does your heart skip a beat when you get a call from your tenant saying they won’t be renewing their lease? Or even worse, that they need to terminate their lease early? I get it – it’s awful news. Your rental property may sit vacant for months. You must continue to shell out the mortgage …
13 Effective Strategies To Reduce Rental Property Vacancies Read More »
Want to get started in real estate investing but don’t have a lot of money, great credit, or a high income? You may want to look into sandwich lease options. The sandwich lease option is a variation of the lease option, which is more commonly known as a “rent to own” arrangement. Normal lease option …
If you are a landlord looking to boost your cash flow and get tenants who will treat your place like their own, you may want to look into lease options. Landlords have been using lease options for decades. Often referred to as “rent-to-own” agreements, they are an alternative way to buy, rent, and sell investment …
Interested in real estate investing, but don’t have money for a down payment? Can’t qualify for a mortgage because of bad credit or low income? If this applies to you, the lease option strategy may be your answer to start investing in real estate. This creative strategy, sometimes known as “rent to own,” can be …
Pros and Cons of Real Estate Investing with Lease Options Read More »
As an investor, you are always looking for the best rental property investments. Single-family homes dominate the investor landscape, but the underappreciated townhouse may be worth a look. Townhouses can make good rental properties because they are more affordable than single-family homes, but they offer privacy and a lifestyle that’s nearly on par with them. …
If you have ever struggled to make ends meet each month, you know the importance of having a good budget. But if you are like me, you have tried countless times to stick to a budget without much luck. Sometimes the budget failed because you lost track of how much you spent. Other times, it …
I hate budgeting. I always had trouble with it. Keeping track of expenses, curbing my spending, and making sure to pay the bills on time felt like a chore. And who has time for it? Life sometimes just takes over. To top it all off, finding anything left over at the end of the month …
Looking for the ultimate guide to investing in real estate for every budget? This is it. We have put together an extensive list of real estate investments conveniently categorized along key price points. So whether you have less than $1,000 or more than $250,000, we cover it. Want to skip ahead to your budget category? …
Real Estate Investing For Every Budget [From $0 to $250k plus] Read More »
You have probably heard of HSAs by now, right? If not, I want to let you know right from the outset that these tax-advantaged accounts are amazing and are among my favorite savings and investment vehicles. Health Savings Accounts (HSAs) have been growing in popularity since their introduction in 2003. According to a 2018 study …
Nobody wants to get played. Especially when it comes to high value assets like real estate. But it happens more often than you think. The five biggest scams targeting rental property investors and landlords are (i) real estate guru scams, (ii) tenant scams, (iii) contractor scams, (iv) overpayment scams, and (v) out-of-state investing scams. We’ll …
What Are the Biggest Rental Property Investing Scams? Read More »
Achieving financial success is not reserved for those lucky enough to have the “Midas touch” or who are “good with money.” That is a myth and believing it can keep you from realizing your financial potential. The truth is that financial success can be learned. There are a lot of financial principles and strategies out …
You’ve probably heard of Health Savings Accounts or HSAs by now. They are a benefit offered by some employers to help their workers pay for qualified medical expenses in a tax-advantaged way. HSAs are perfectly suited for their main purpose, which is saving money when paying for medical costs. But that’s not all they can do. There’s …
Investing in Rental Properties Through Your Self-Directed HSA Read More »
As advertised, this article is going to pit house hacking against renting out rooms in your house. These are two very popular rental investment strategies among real estate investors that are starting out. So which is better? House hacking is the better investment strategy if you want superior cash flow, appreciation, and growth potential. Renting …
House Hacking vs. Renting Out Rooms: Which is Better? Read More »
“You need 3 to 6 months of living expenses in a checking or savings account in the event of an emergency.” -Almost every personal finance advisor That advice has been circulating for years and has become a cornerstone of personal finance. I don’t take issue with the view that you should have funds quickly available …
Unconventional Is Better: Don’t Have a “Regular” Emergency Fund Read More »
Thinking about converting your investment condo into an Airbnb rental property? You’ve come to the right place. We are going to discuss in detail the reasons why condos are uniquely suited to thrive as Airbnb rentals. But more importantly, we are going to explore how you can analyze whether your specific condo is a good …
Should I Rent Out My Investment Condo Through Airbnb? Read More »
Small multi-family properties can be great investments because they combine some of the best features of apartments and single-family homes into a balanced investment that can generate strong cash flow, diversified income, and scalability, while remaining affordable and easy to finance. This chart demonstrates why they are the “Goldilocks” of rental properties: Features Apartment …
Investing in Small Multifamily Properties: The Goldilocks Investment Read More »
Apartments can be good investments because they can provide strong cash flow, appreciation that you can control, diverse income sources, scalability, centralized maintenance, and significant tax benefits. Apartments are coveted by many real estate investors for their powerful cash flow and other benefits, but there are also risks to investing in apartments that need to be …
Most people are intimidated by the idea of investing in real estate because they think that you need a lot of money to do it. While having a giant down payment does makes it easier to buy rental property, you can definitely start investing even if you don’t. We’ve got some really cool and creative …
Have you ever driven past a free-standing McDonald’s or Burger King and wondered who owned the building? Well, wonder no more because there’s a pretty good chance that it is just a regular person like you. They just happen to be leasing that building out to the mega corporation (or its franchisee) under a …
Are Triple Net Leases Good Investments? [Deep Dive on Pros and Cons] Read More »
Want to make some extra cash in a hurry without doing a ton of work? There is no better way to do that than selling some of your unwanted items online. Everybody knows about the standard methods of selling items online like eBay and Craigslist (and we cover them below), but the really cool options are …
10 Easy and Profitable Ways to Sell Your Unwanted Stuff Online Read More »
Thinking about investing in rental properties through your IRA? You’ve come to the right place. We will answer all of the key questions you may have about this strategy. This post may contain affiliate links. If you click on a link and complete a transaction, I may make a small commission at no extra cost …
Investing in Rental Properties Through a Self-Directed IRA Read More »
I bet most people would be surprised to hear that they can use their brokerage account to buy a rental property, but it’s true. You may use funds borrowed from a margin account to purchase real estate. But there are risks involved in using margin accounts for this purpose, including the possibility of a margin …
I love passive income, especially if it does not require any money for me to get started. I suppose it’s great for everyone, but it’s perfect for people who are too busy to take on a second job or a side gig. This article is going to cover 15 ways to make passive income that …
15 Ways to Make Truly Passive Income That Require No Money Read More »
One of the best financial decisions I ever made was getting a second source of income. I was doing ok at my job but wanted to see if I could boost my income because I was starting a family. I knew things were going to get tight. I started looking into rental properties. After a …
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. Andrew Carnegie Real estate can be a terrific investment and has been a proven path toward long-term wealth. There’s a reason why so many people throughout the years have found …
How Can I Start Investing in Rental Properties? A Step-By-Step Guide Read More »
People can make hundreds of dollar every month renting our their cars according to Turo, the largest peer to peer car-sharing marketplace. No matter your situation, that extra cash can come in handy. So if you are not using your car all the time and you don’t mind renting it out to the public, then …
Looking for an easy, affordable and reliable way to make money investing in real estate? Condos can be a terrific rental property investment, especially if you are new to real estate investing, because they are cheaper and easier to maintain and there are usually plenty to choose from. They can also be easier to rent …
How to Start Investing in Condos: A Simple Step-By-Step Guide Read More »
According to Neighbor, you can earn up to $15,000 per year renting out your extra storage space. That’s a pretty eye popping number (and like with most things, I would take it with a grain of salt). That being said, it seems like a super easy way to earn some extra passive income with something …
Want to Make Money Renting Out Extra Storage Space? Here’s how Read More »
SpaceX and Instacart are just a few of the incredible private companies in America. Many are poised to generate incredible profits for their shareholders. The only problem is that you normally can’t buy into these types of companies unless you are an “accredited investor.” More on that later, but an accredited investor is basically a …
3 Ways to Invest in Private Equity [For Non-Accredited Investors] Read More »
The 1 bedroom condo is a popular choice among young people starting out who want to buy their first home. It is affordable and often located near urban centers, so it’s a sensible and attractive option. But how is it as an investment property? Well, I own a handful of them and can say with …
Condos can be a profitable, affordable, and low-hassle option if you want to invest in real estate. But they carry a unique set of costs and risks that you should understand before buying. They include HOA fees, condo association rules and restrictions, and special assessments that may be charged to cover condo association expenses. I …
Condos – Are they Good Rental Property Investments? Read More »
For me, the key to a successful financial life starts with prioritization. There are many areas of life that compete for your time and attention. Your health, family, friendships, religion (if you practice) all play a role in how you define happiness and success. For some, money does not rank very highly, but if you …
Change Your Mindset About Money and Unlock Financial Success Read More »
If your employer offers an employee stock purchase plan (ESPP), you have the opportunity to buy your company’s stock in periodic intervals and in many cases buy them at a discount. But there are some strategies you can use to further maximize the benefits of your ESPP. That’s going to be the focus of this …
How to Make the Most of Your Employee Stock Purchase Plan (ESPP) Read More »
Want to get a big tax break on common everyday expenses? Check out the Flexible Spending Account. FSAs can cover medical expenses (Medical FSAs), daycare and other dependent care costs (Dependent Care FSAs), and even commuting expenses, like parking fees and public transportation costs (Transportation FSAs). Using your FSA can save you a lot of …
How to Make the Most of Your Flexible Spending Account (FSA) Read More »
Want to get tax-deductible contributions, tax-free growth, and tax-free withdrawals for your retirement? The HSA will deliver on that and more. This is absolutely one of my favorite tax-advantaged accounts. Let’s get into this! This post may contain affiliate links. If you click on a link and complete a transaction, I may make a small …
How to Make the Most of Your Health Savings Account (HSA) Read More »
If you have a 401(k), you have a powerful tool to build long-term wealth and secure a great retirement. Some of the obvious benefits include the ability to save money in a tax-advantaged way, but there are some less well-known features of the 401(k) that can allow you to really boost the benefits of this …
Andrew Carnegie stated that 90% of millionaires got their wealth by investing in real estate. Rental properties have been, and remain to this day, a proven way to build uncommon wealth because they have a unique combination of powerful wealth-building benefits that no other investment vehicle can match. In this article, I will go into detail …
