by Keith Weinhold | Dec 23, 2018 | Blog
Should you use your home as an ATM? That is, pull out the equity and either put it in the bank or invest into more income property? Let’s summarize the pros and cons of making an equity transfer out of your home and into income properties: Pros: Diversification into...
by Keith Weinhold | Oct 18, 2018 | Blog
“Get your money to work for you.” That’s the myth of the middle class. It sounds good. But it won’t create wealth. A generation of 401(k) investors have discovered that. Why doesn’t it work? Inflation, emotion, taxes, fees, and volatility....
by Keith Weinhold | Aug 23, 2018 | Blog
Your property might never appreciate in value. Yet at the same time, this property can increase your affluence, even if it provides zero income or tax efficiency. All else equal, how could that be true? It’s because you are confusing appreciation with inflation....
by Keith Weinhold | Jun 15, 2018 | Blog
“Being wealthy is a choice.” The first time I read this was in a Robert Kiyosaki book. I don’t actually remember which book that was, but I do remember my reaction to that statement: “That can’t be true. It’s not that simple. You can’t just choose.” That’s what I...
by Keith Weinhold | Jun 8, 2018 | Blog
Buying a home is the one of the biggest purchases you’ll ever make. Its mortgage payment is often your greatest expense each month. A mortgage is your loan from the bank. Your home is the bank’s collateral. If you miss payments and default on the loan, the bank can...
by Keith Weinhold | Apr 21, 2018 | Blog
Most people think that owning a home is a financial asset. That’s not true. In fact, the top-selling financial author of all-time, Robert Kiyosaki, says, “A home is a liability, not an asset.” An asset puts money into your pocket every month. A home takes money out of...
