by Keith Weinhold | Nov 15, 2021 | Blog
In real estate investing, a scarce mindset often thinks: “I can’t wait until I get this property paid off.” Admittedly, I used to think that way. When I learned more about how economies work and how wealth is built in the real world, I realized that...
by Keith Weinhold | Nov 15, 2021 | Blog
I recently learned about an announcement by a leading national investment property lender. Their new mortgage loan product allows you to have: No Job No Income My first thought was: “Oh no. Are we reverting back to the ~2005 era of irresponsible lending...
by Keith Weinhold | Aug 30, 2021 | Blog
Let me get more personal with you. I’ll show you my primary residence. You might relate well to a real life example. But this isn’t about crown molding, oil-rubbed bronze cabinet hardware, or those trending matte black kitchen faucets. It’s...
by Keith Weinhold | Aug 26, 2021 | Blog
On August 15th, 1971, President Richard M. Nixon basically said “goodbye” to tying dollars to gold. He announced that creditor nations could no longer redeem their debt for gold. We would only repay them in dollars. This broke a promise and ushered in a...
by Keith Weinhold | Aug 13, 2021 | Blog
The median sales price of existing homes has risen from $294,400 to $363,300 year-over year. That’s accelerating appreciation at its finest. People still ask me, “How in the heck did this price runup happen during a recession?” Yes, factors like...
by Keith Weinhold | Aug 1, 2021 | Blog
Most people think that owning a home is a financial asset. That’s not true. Rich Dad said, “A home is a liability, not an asset.” An asset puts money into your pocket every month. A home takes money out of your pocket every month. Though owning a home is rarely a good...