Archive for Real Estate

Appliances for Rental Properties

Sep 27, 2013 1 Comment by

Many appliances will breakdown in your rental property. It is wise to spend money on quality for a few of these appliances and save where you can. You don’t need to spend a lot to get quality and you might not even have to buy new either. Instead, read reviews and buy smartly. Buy quality [...]

Frugality, Real Estate Read more

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

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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2013 Goals

Jan 02, 2013 Comments Off

Last year was a successful year. Mr Cannes and I have reached financial independence from our rental income. I reduced several recurring payments including lowering vehicle insurance, house insurance and internet service. My rental properties thrived as they have been for the last 4 years While I added 1 more property to my portfolio. Finally, I [...]

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Two Years Before Your Startup

Dec 19, 2012 2 Comments

You have it in you. You’re an entrepreneur at heart and it is only a matter of time before you start your company. Now is the time to prepare. I knew I was going to start a company when I was in university while doing my undergrad. I had a large network that encouraged leadership, [...]

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Fallacy Of Real Estate

Dec 03, 2012 1 Comment

Goldeneer has developed a hierarchy model to build wealth in order to simplify the wealth building ladder. This model is based on frugality, savings, investments, leverage and shows us that wealth cannot be achieved by skipping any previous foundation. Fallacy of real estate I shake my head when I hear well respected financial advisors comparing [...]

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Why To-be Real Estate Investors Fail

Nov 15, 2011 Comments Off

New real estate investors fascinate me.  Many people I see at my local investment club know real estate is their best investment vehicle. They have read several books on how to buy their first investment property. They are in the process of saving up their first down payment and might be looking for their first [...]

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Business Case Of A Real Estate Guru – Part 1

Nov 14, 2011 Comments Off

There are plenty of get-rich-quick schemes that are scams and other get-rich-quick real estate gurus that are legitimate. What the legitimate gurus don’t teach you is their business model is different than what they preach. Their business model is based on increasing their network, finding hard money lenders (you), bringing in seed money (exorbitant course [...]

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