Archive for February, 2013

How Did Goldeneer Make It

Feb 20, 2013 1 Comment by

In 5 years, Mr and Mrs Cannes acquired 6 rental properties and a home. The rental profits from all properties are now enough to replace one income and make them financially independent. The following were the steps taken by Mr and Mrs Cannes. Frugality As Mr and Mrs Cannes were finishing university, their  jobs during [...]

Goldeneer's Story, Leverage, Real Estate, Strategy, Sustainability Read more

Time Required To Manage Rental Properties

Feb 14, 2013 Comments Off by

For 5 years, Mr. Cannes and I have been managing our own rental properties. People tend to think that managing properties take a lot of time, sometimes as much as a full time job. We manage 6 rental properties and typically spend 2-6 hrs each month for most of the year. There are however peaks. [...]

Lifestyle, Real Estate, Strategy Read more

Financial Independence Definition

Feb 12, 2013 1 Comment by

There are many definitions of financial independence around the web. Some define financial independence as being on your own without the support of family and having a job that covers your expenses. In the world of early retirement, I define financial independence as having enough passive income to cover your needs. If I was to [...]

Frugality, Goldeneer's Story, Lifestyle, Retirement, Strategy Read more

Real Estate License For Investors

Feb 06, 2013 Comments Off

Getting a real estate license in order to sell houses as a career is one option. What do you do when you are a real estate investor and you are buying/selling a lot of properties? Giving away a 2.5% commission is a lot of money once you start buying more than 6 figures of real estate. Looking [...]

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