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Apache is functioning normally

May 23, 2023 by Brett Tams

Save more, spend smarter, and make your money go further

So far in our home buying series, we’ve covered some of the basics that you need to know if you want to buy a home. In Chapter 2, we went over important resources for first time home buyers. In this third chapter, we’ll go over the basics of how to save for a house.

Buying a home can be a long and arduous journey, but having a stable place to live that’s all yours will make it all worth it. But before you can make an offer on a house, you need to learn how to start saving for a house.

When you buy a home, you’re making an investment in yourself and your future. You’re building financial stability, equity, and experience. You have a place to call your own and you can customize the space just how you want. Yet, you might be wondering how to get to that point

This is why saving up is so important.

There are some upfront costs to owning a home—primarily making a down payment. Find out how much you should budget using a home loan affordability calculator and figure out how to save the amount you need. After all, the best way to save for a house is to formulate a budget that helps you work towards your saving goals step by step. Soon enough, you’ll be turning the key and stepping into a home you love.

Step 1: Calculate Your Down Payment and Timeline

When figuring out how to save for a house, you may already have a savings goal and deadline in mind. For instance, you may want to save 20 percent of your home jumbo loan cost by the end of the year. If you haven’t given this much thought, sit down and crunch the numbers. Ask yourself the following questions:

What is your ideal home cost?
What percentage would you like to contribute as a down payment?
What are your ideal monthly payments?
When would you like to purchase your home?
How long would you like your mortgage term to be?

Asking yourself these questions will reveal a realistic budget, timeline, and savings goal to work towards. For instance, say you want to buy a $250,000 house with a 20 percent down payment at a 30-year loan term length. You would need to save $50,000 as a down payment and, at a 3.5 percent interest rate, your monthly payments would come out to be $898.

How much you need to save also depends on the type of loan that you use to purchase your home. For example, conventional loans and FHA loans require you to make a down payment, but some government sponsored loans do not. Before you can buy a house, it’s important to educate yourself on the differences between FHA vs. conventional loans. FHA loan requirements are different from conventional loan requirements, so you need to figure out which is a better option for you.

Step 2: Budget for the Extra Expenses

Just like a new rental, your home will have fees, taxes, and utilities that need to be budgeted for. Homeowners insurance, closing costs, and property taxes are a few examples of cash expenses. Not to mention the cost of utilities, repairs, renovation work, and furniture. Here are a few more expenses you may have to save for:

Appraisal costs: Appraisals assess the home’s value and are usually ordered by your mortgage lender. They can cost anywhere from $312 to $405 for a single-family home.
Home inspection: A home inspection typically costs $279 to $399 for a single-family home. Prices vary depending on what you need inspected and how thorough you want the report to be. For instance, if you want an expert to look at your foundation, there will likely be an additional cost.
Realtor fees: In some states, the realtor fee is 5.45 percent of the home’s purchase price. Depending on the market, the seller might pay for your realtor fee. In other places, it might be more common to contract a lawyer to look over your purchase agreement, which is usually cheaper than a realtor.
Closing costs: Closing costs are typically about 3% to 6% of the house’s price. Some closing costs may be negotiable with the seller but others will fall solely on your shoulders as the buyer.

Step 3: Maximize Your Savings Contributions

Saving for a new home is easier said than done. To stay on track, consider creating a savings account that has a high yield if possible. Then, check in on your monthly savings goal to set up automatic contributions. By setting up automatic savings payments, you may treat this payment as a regular monthly expense.

In addition to saving more, spend less. Evaluate your budget to see what areas you could cut down or live without. For instance, creating your own workout studio at home could save you $200 a month on a gym class membership.

Step 4: Work Hard for a Raise

One of the simplest ways to boost your savings is to increase your earnings. If you already have a job you love, put in the extra time and effort to earn a raise. Learning new skills by attending in-person or virtual training seminars or learning a new language could increase your earning potential. Not only could you land a raise, but you could add these skills to your resume.

Sometimes, putting in the extra effort doesn’t always land you a raise, and that’s okay! When getting a raise is out of the question, consider looking at other opportunities. Figure out which industry suits you and your skillset and start applying. You may end up finding your dream job, along with your desired pay.

Step 5: Create More Streams of Income

Establishing different income streams could help your house savings budget. If one source of income unexpectedly goes dry, having other sources to cut the slack is helpful. You won’t have to worry about the sudden income change when paying your monthly mortgage.

For example, creating an online course as a passive income project may earn you only $5 this month. As traffic picks up, your monthly earnings from this project could surpass your regular monthly income. To create an abundant financial portfolio, there are a few different steps you can take:

Create an online course: Write about something you’re passionate about and share your skills online. Sell your digital products on Etsy or Shopify to earn supplemental income.
Grow a YouTube channel: Start a YouTube channel and share your skills to help others within your industry of expertise. For instance, “How to start a YouTube channel” could be its own hit.
Explore low-risk investments: From CD’s to money market funds, there are a few types of investments that could grow your cash with minimal risk.

Step 6: Pay Off Your Biggest Debts

Another way that you can start saving for a home is by paying off your debts. Before taking on more debt like a mortgage, it’s important to free up your credit usage. Credit utilization is the percentage of available credit you have open compared to what you have used. If you have $200 in debt, but $1,000 available on your credit card, you’re only using 20 percent of your credit utilization.

A higher credit utilization could potentially hinder your credit score over time. Not only can paying off debt feel satisfying, but it could also increase your credit score and prepare you for this next big purchase.

To pay off your debts, create an action plan. Write out all your debt accounts, how much you still owe, and their payment due dates. From there, consider increasing your payments on your smallest debt. Once you pay off your smallest debt in full, you may feel more motivated to pay off your next debt account.

Keep up with these good habits as you take on your mortgage account.

Another factor that mortgage lenders will look at when determining your eligibility for a loan is your debt-to-income ratio. Your debt-to-income ratio measures your gross monthly income compared to your total monthly debt payments. This number will affect how lenders determine how much house you can afford because it will tell them whether you have enough income to cover your new mortgage payments and any existing debts.

So before you consider buying a home, make sure you calculate your debt-to-income ratio.

In addition to your debt-to-income ratio, lenders will also look at your residential mortgage credit report, which is a comprehensive study of all your credit reports. You should look at your credit report before you apply for a mortgage so you can figure out if you need to increase your credit score.

Step 7: Don’t Be Afraid to Ask for Help

Whether you’re touring homes or want help adjusting your budget, don’t hesitate to ask for help. If you’re trying to figure out what your budget should look like, research budgeting apps like Mint to build a successful financial plan.

If you’re curious about additional mortgage expenses, your budget, or investment opportunities, reach out to a trusted professional or utilize government resources. Not only are they able to help you prepare for your next big step, but they could also help you and your finances in the long term.

Getting help, whether it’s from a realtor or a financial professional, can help you secure your dream home at a price you’re comfortable with. Realtors can help with everything from finding you a home to negotiating the price of the home, so don’t be afraid to ask for help. You probably need it more than you think.

Saving for a house can be an intimidating process, so you also shouldn’t be afraid to ask questions. There are many important questions to ask your mortgage lender, like the difference between pre-qualified and pre-approved or the credit score you need to buy a house. Asking the right questions could end up saving you thousands of dollars with your mortgage, so go ahead and ask away.

Step 8: Store Your Savings in a High Yield Saving Account

While you may have a perfect budget and a home savings goal, it’s time to make every dollar count. Before you add to your account, research different savings accounts and their monthly yields. The higher the yield, the more your savings could grow as long as your account is open.

Also consider the effects of inflation on home prices, home appreciation, and interest rates. As inflation rises, so do home prices. This means it’s even more important to have a sufficient amount of money saved up so you can manage a bigger down payment and pay less in interest over time.

In Summary: Set Your Goals and Get Started

When saving for a house, you may want to consider having a plan in place. By following the above tips for saving for a house, you can be more prepared to buy your dream home. To summarize, here are some of the key elements to remember when it comes to saving for a home:

First, set a savings goal to match your estimated down payment and mortgage monthly payments. Then consider adding your contributions to a high yield savings account to grow your money over time.
Don’t forget to budget for extra mortgage expenses like appraisal costs, home inspections, realtor fees, or closing costs. Keep in mind, your monthly utilities and fees may also be more expensive than your current living situation.
Prepare for the additional costs by increasing your earning potential and optimizing additional income stream opportunities.
Free up your credit utilization by paying off as much debt as possible before buying a house. Keep up these good habits throughout the length of your mortgage term.

When you purchase a home, you’re building a piggy bank for your future. Every month you pay your mortgage, you pay part of it to yourself because you own the home. Instead of paying rent to someone else, you reap your own investment when you sell. Most importantly, though, you’ll have a place that’s truly your own.

So now that we’ve covered various tips for saving for a house, you hopefully feel more prepared going into your home buying journey. In this series, we’ll be going over first time home buying resources, steps to buying a house, and more. If you’re interested in learning more about the home buying process, continue reading on to Chapter 4 in the series, which covers what credit score is needed to buy a house.

Sources: HomeAdvisor 1 | HomeAdvisor 2 | Clever | Rocket Mortgage | USA.gov

Save more, spend smarter, and make your money go further

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Source: mint.intuit.com

Apache is functioning normally

May 23, 2023 by Brett Tams

The nation’s leading mortgage lender, United Wholesale Mortgage, has re-launched the 1% down payment home loan.

It comes at a time when housing affordability continues to be pressured by high asking prices and equally high mortgage rates.

While it may be seen as a boon to prospective buyers, it will surely have its critics as well.

Like other low-down payment programs, it targets those with lower incomes who would otherwise struggle to qualify for a home purchase.

It’s reminiscent of the frothy days in the early 2000s, when creative financing allowed high home prices to persist.

The Return of Conventional 1% Down

Home loans backed by Fannie Mae and Freddie Mac, known as conforming loans, typically require a 3% minimum down payment.

But the re-launch of this loan program, known as “Conventional 1% Down,” requires just a 1% down payment from the borrower.

For example, a $200,000 home purchase would require just $2,000 from the buyer.

And UWM would chip in the other 2%, $4,000 in this example, to put the loan-to-value (LTV) ratio at the minimum 97%.

This would technically make the loan a 3% down mortgage set at 97% LTV, thereby qualifying for backing by Fannie Mae or Freddie Mac.

It would also lessen the burden of coming up with a down payment, often a roadblock for home buyers.

Proponents will argue that it allows would-be buyers to get into a home sooner, instead of waiting to save for a larger down payment.

Those against it will argue that such financing is too accommodative, and that those who can’t squirrel away the minimum down payment should wait to buy a home.

This is further exacerbated by the fear of falling home prices, which could quickly land borrowers in negative equity positions.

While that may sound familiar to the previous housing run-up, one glaring difference between now and then is that borrowers are fully-underwritten today.

Back then, borrowers were often qualified via stated income and came to the closing table with very little (or no money) down.

Who Qualifies for a 1% Down Payment Mortgage?

Home buyers that make 50% or less of area median income
Borrower must put down at least 1% of purchase price
UWM will offer 2% of purchase price up to $4,000 max
Minimum FICO score of 620 required
Follows guidelines of Freddie Mac’s Home Possible
Loan will be 97% LTV backed by Freddie Mac

As noted, there are income limits on this new program. Namely, it’s an option for borrowers with income at or below 50% of the Area Median Income (AMI).

It’s also limited to home buyers (no refinances) and those purchasing an owner-occupied property qualify.

That means no investors or second home purchases, aka speculators, but condos and other 1-unit properties should qualify.

Because it follows the guidelines of Freddie Mac’s Home Possible, a minimum FICO score of 620 is likely required.

Those interested must use a mortgage broker, as UWM is a wholesale lender, meaning they don’t work directly with the public.

While the down payment hurdle will effectively be cleared, borrowers will still have to contend with much higher housing payments.

This is the result of still-high asking prices coupled with mortgage rates that have doubled in the span of a year.

The 30-year fixed is currently priced around 6.5%, up from closer to 3% to start 2022.

Is This What the Housing Market Needs Right Now?

Ironically, the Fed has been raising its own fed funds rate to curtail housing demand, but lenders have ramped up affordability options at the same time.

This has kept the housing market perhaps too competitive, thanks to an ongoing dearth of supply.

Take the ‘California Dream For All’ Home Loan that allows home buyers in the state to purchase a property without a down payment.

That program sold out in about a week due to unprecedented demand. In that case, homeowners sacrifice future appreciation for a zero down home mortgage.

This new 1% down payment option can likely be emulated by other lenders too, so it could mark a return of the offering industry-wide.

As a result, the housing market may continue to run hot despite affordability gauges signaling stress.

In the third quarter of 2022, Pontiac, Michigan-based United Wholesale Mortgage (UWM) became the nation’s largest mortgage lender, beating out cross-town rival Rocket Mortgage.

They’ve still yet to beat out Rocket an annual basis, though that could be in the works.

UWM is holding a hiring event this weekend in a bid to hire 500 new employees at a time when other lenders are closing their doors.

Source: thetruthaboutmortgage.com

Apache is functioning normally

May 22, 2023 by Brett Tams

issued an advisory opinion warning collection agencies and mortgage servicers against suing or threatening to sue to recover time-barred debt. The advisory opinion clarifies that a covered entity that brings – or threatens to bring – a state court foreclosure action to collect on a time-barred mortgage may violate the Fair Debt Collection Practices Act (FDCPA) and Regulation F. The CFPB also clarified that collecting on time-barred debt is prohibited, even if the entity does not know the debt is time-barred.

‘Zombie’ mortgages

At a field hearing in Brooklyn, New York, announcing the advisory opinion, CFPB Director Rohit Chopra indicated an increase in consumer complaints related to attempts to collect on mortgage debt that consumers believed was already discharged, modified or forgiven. Chopra’s comments and the advisory opinion both focus on second-lien home loans made prior to the 2008 financial crisis.

During the hearing, Chopra indicated that many borrowers who previously obtained a “piggyback” loan – a second-lien mortgage that satisfied down payment requirements – had obtained a workout to resume payment on the first lien, while the second lien remained delinquent. Chopra suggested that lenders holding the second-lien loans were unlikely to recover any value if they attempted to foreclose on the home (being behind the full mortgage in seniority), and they thus offloaded these piggyback loans from their books. The CFPB asserts that consumers often received no notice regarding the sale of their loan and could go years without receiving periodic statements.

After 15 years of price appreciation, however, the CFPB reports increasing numbers of collection agencies are now attempting to collect on this long-dormant debt.

Time-barred debt

The CFPB is concerned that some entities may be threatening to foreclose on properties whose mortgages have become time-barred (i.e., those for which the state’s applicable statute of limitations would preclude judicial foreclosure actions). The advisory opinion affirms:

The FDCPA and its implementing Regulation F prohibit a debt collector (as defined by state law) from suing or threatening to sue to collect a time-barred debt.
This prohibition applies even if the debt collector neither knows nor should know that the debt is time-barred.

The CFPB also reiterated that Regulation F’s prohibition on suits, and threats of suit, on time-barred debt is subject to a strict liability standard, meaning debt collectors would be held liable for violations even if they neither knew nor should have known that a debt was time-barred.

What’s next

This is yet another space where it is important to understand your consumers and the rules of the road. The CFPB’s field hearing and accompanying advisory opinion suggest it is closely analyzing consumer complaints and may pay particular attention to institutional processes for verifying that these outstanding second-lien loans remain collectible. At the same time, states and plaintiffs’ attorneys also are likely to be reviewing these issues, and companies should understand what – if any – applicable state law limitations may apply to their processes. Companies should understand their risk and exposure, taking proper steps to mitigate that risk as appropriate.

Source: cooley.com

Apache is functioning normally

May 22, 2023 by Brett Tams

Helping people prepare for for a successful retirement is what I do every day. A bulk of the retirees typically will have some sort of pension or retirement account that represents the majority of their investable assets.

Deciding the proper strategy to do with that money is the most common thing we do and more times than not, it makes sense to roll that retirement account into a traditional IRA. When we’re deciding on an income plan with the IRA it never fails that I get the question, “How much interest does an IRA make?”. I always crack a smile when I hear this because it’s such a common question that hear, that I thought it would be best to explain how you actually make interest on an IRA.

Why an IRA is a Good Choice for Retirement Funds

While everyone is different, and you shouldn’t roll your money into an IRA without carefully considering your choices, there are some very valid reasons to do so in retirement.

Flexibility: The biggest reason to use an IRA for your retirement portfolio is the flexibility that comes with an IRA. With most IRAs, you have the ability to choose your own investments. You can choose funds that work well for you, and that might not be available in your current 401(k). It’s easier to make changes to your IRA than it is to make changes in a less flexible retirement plan sponsored by your former employer.
Access: Because you can choose your own IRA custodian, it can make access a little easier. As a retiree, you need access to your account. Choosing your own custodian might allow you easier account access, plus there is a good chance that your new IRA custodian offers an array of tools that can make your in-retirement income planning a little easier. A 401(k) or 403(b) at your former employer means that you have to stick with the custodian the company chooses.
Lower cost: While consumer pressure has resulted in lower fees for many employer-sponsored plans, the reality is that you can often find even lower fees with an IRA. Combine the lower administrative costs of an IRA with the fact that you have the flexibility to choose lower-cost funds and ETFs for your IRA, and your money will be more cost-efficient since your real returns won’t be eaten away by the high fees you were paying previously.

The right IRA is easier to manage, less expensive, and provides you with more choices. Consult with a knowledgeable financial planner to help you find the right place to keep your IRA, and to help you figure out how to allocate your assets within an IRA so that you are more likely to accomplish your goals.

The Best Rates On Your IRA

I wrote a post about the best rates on a Roth IRA, which is a great guide for those who are still in the the accumulation stage of investing. If you are already retired, though, your needs are different. The best rates on your IRA mean something different if you rely on your nest egg for the income you need to support your retirement lifestyle.

Getting the best rates on your IRA is about understanding what you can keep in your IRA, as well as knowing how to use asset allocation to your advantage during your retirement years. Unfortunately, there isn’t a lot of education out there for retirees on this subject, so there is a measure of confusion about how to use an IRA to your best advantage.

Why is There So Much Confusion?

Many investors associate IRAs with the IRA CD you see advertised at your local bank. A CD is a product that offers a fixed rate of return. Your CD will pay according to a stated interest rate. Unless the financial institution has a relationship with a brokerage firm, then CDs or savings accounts are the only investment option that the IRA can have. That means that your yield is going to be relatively low.

An IRA CD is often offered with a 10-year term, and the rate is higher than most of the other CD offerings from the bank. However, most of these rates are nothing to write home about. As a result, retirees get the idea that IRAs offer yields that are too low for their needs.

The reality is that an IRA is an extremely flexible tax-advantaged retirement account that allows you to keep a variety of assets. The most common assets are stocks and bonds, in the form of funds. However, in some cases, it’s possible to use IRAs to invest in real estate, businesses, and even precious metals. (You will need to find a custodian willing to work with you for more exotic IRA holdings, and your administrative costs will be higher.)

Most retirees, though, are better off sticking to stock and bond funds in their IRAs. These assets usually offer better returns than IRA CDs while still allowing you to maintain an acceptable level of risk.

IRA Interest Rate = Total Return

They say a picture is worth a thousand words. Let’s see if this sketch helps paint a clearer picture on how you are able to make money on an IRA:

Total Return for Interest Rate on an IRA

*Dividends are not guaranteed. Interest and bond payments are subject to the claims paying ability of the issuer and may be subject to certain terms or restrictions. Investing is subject to risk. Appreciation is not guaranteed.

Let’s keep it simple: almost every retiree’s portfolio consists of a portion of stocks and bonds. Stocks and bonds are called asset classes because they are two different types of investments. The mix of stocks and bonds, called asset allocation, depends on a number of risk profiles, including your own risk tolerance and when you expect to need the money. When you have a portfolio that consists of these two asset classes, you have two main components that will you give the total return (or interest rate, as most of us think of it):

Income (from stock dividends, bond interest payments, and distributions)
Appreciation (or depreciation).

You need to understand how these operate inside your IRA in order to get a sense of your true interest rate, as well as if you want to make better decisions about what to do with your money.

Income From a Portfolio

Typically, when you hear “income” regarding an investment portfolio, the most common thing that comes to mind is bonds. Bonds pay what is called a “coupon payment,” which is based on the stated interest rate on the bond. These coupon payments can be paid monthly, quarterly, or semi-annually- all depending on the issuer of the bond. When your bond matures, you receive the principal back, and you can reinvest in another bond if you wish.

The other income component from a portfolio is dividends from stocks or preferred stocks. If you own a percentage of stock in your portfolio then there’s a good chance that some of the stock you own pay dividends. Here’s a tidbit on stock dividends from Investorguide.com:

Dividends are determined by the company who issued the stock and they may fluctuate greatly. Dividends are cash payments that the company pays to stock holders based upon profits and are paid out on a per share basis. In other words, a business may determine that the dividend payout to stockholders for the first quarter is $.25 per share. So, a person who owns 1000 shares would receive a dividend payment of $250 for the first quarter.

The income portion of the portfolio is the closest you’ll get to a fixed interest rate on your portfolio. I want to stress that even the income portion of a portfolio can change pretty quickly based on many factors. Increasing or decreasing interest rates will have the largest effect just as they would on CDs at your bank.

Additionally, it’s possible that a company will cut its dividend, reducing how much you receive. Many retirees choose to invest in stocks known as dividend aristocrats, or invest in funds composed of dividend aristocrats. These are companies that have increased their dividends at least once a year for the last 25 years. While there is always the possibility that these companies will cut their dividends, there is a lower chance of that because of the long history, and the fact that many of these companies have to be pretty sound to keep raising dividends.

Appreciation on a Portfolio

The second factor that will contribute the return on your IRA portfolio is appreciation (or depreciation). Simply put: making money. With stocks, that is pretty simple. You buy stock XYZ and $5.00 and sell it at $10.00, you have appreciation. That is pretty straight forward. What most investors don’t realize is that appreciation potential does not just apply to stocks. You can make it on your bonds, too. Say what?

When people think of investing in bonds, they just think that you buy a bond and collect the interest. Just like a CD. While this is true, most investors don’t realize that you can trade bonds in the secondary market and the value can go up or down.

Many bonds are issued at par (or face value) which is $1,000. The value of the bond has a “teeter totter” relationship with the movement of interest rates. After the bond is issued, if interest rates go up, the value of that bond will go down. Reverse the interest rate movement, and the value will go up. Your bank CDs actually do this, too; it’s just not as obvious.

Another factor to consider in the value of the bond is the strength of the issuer. Remember when Lehman Brothers was on the verge of bankruptcy? Their bonds went from $1,000 to less than a $100 before they eventually went bankrupt.

They way you can make appreciation on a bond is by buying in the secondary market if it’s now selling below the $1,000 issue value. You can wait until the bond is worth more than the issue value, and then sell it for a profit later.

Example: You buy a bond at $950 that will mature in 3 years at $1000. Not only do you get the appreciation, but you also get the interest payment, too.

For Best Results: Avoid Active Trading in Your IRA

As always, you are most likely to achieve your best results when you avoid actively trading in your IRA. While IRAs offer flexibility, and a way to buy and sell assets on a tax-advantaged basis, the reality is that frequent buying and selling can result in lower returns.

Not only is there a better chance that you will trade at the wrong time (the worst is panicking and selling low), but you might also choose the wrong individual securities for the long term.

Many retirees have better luck by investing in low-cost funds and ETFs in an asset allocation that helps them meet their needs. These funds can help even out income from the portfolio, and they offer diversity and a certain degree of protection. Plus, it’s a lot less work on your part.

Count Your Interest Blessings

The interest you earn on your IRA has many variables. That’s why it’s important to meet with a CERTIFIED FINANCIAL PLANNER™ to help make sense of your income needs and to help you position your accounts to potentially make the highest rates on your IRA.

More Disclosures:

Certificates of Deposit at FDIC insured and offer a fixed rate of return. Certificates of Deposit that are sold prior to maturity in the secondary market are subject to market fluctuation, so that upon sale an investor may receive more or less than their original investment.
Stock investing involves risk including loss of principal.
Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rate rise and are subject to availability and change in price.
Price, yields and availability of securities are subject to change. Certain call or special redemption features may exist which could impact yield.
Hypothetical examples are for illustrative purposes only. Results will vary.

Source: goodfinancialcents.com

Apache is functioning normally

May 22, 2023 by Brett Tams

Inside: Learn how to invest $100 and make $1000 a day using these proven strategies. Find out the best ways to invest 100 dollars. Many from the comfort of your own home.

One of the biggest mistakes that people make with money is not investing.

You see, if you invest $100 and earn 10% interest a year, in just 12 months your investment would be worth $120!

It takes money to make money.

We all have heard that before.

Many people want to make some extra money, and that is why they are turning their attention to investments. There are a lot of ways to invest your money safely, but most importantly it should be done with a goal and for the long term.

The article will help you to invest $100 now to start making $1000 a day. Will this happen overnight? Nope. That would be some get-rich-quick scheme.

You must be willing to invest the time, resources, and money to start making $1000 a day.

If you are looking to invest $100, this guide will help provide you with the knowledge and strategies to generate a constant stream of income of $1000 a day.

Is Investing $100 To Make $1,000 A Day Possible?

There is no one-size-fits-all answer to this question, as the success of any investment depends on a number of factors. But, yes, many people have found ways to invest $100 to make $1000 a day.

There are a few strategies that investors can use to increase their chances of reaching $1,000/day. That is the part that takes commitment.

Best Ways to Invest 100 Dollars

There are a lot of different things you can invest your $100 in. You could put it into stocks, bonds, or even real estate. Those are the most effective strategies with the least amount of time commitment.

However, there are other options as well, which we will go into detail shortly.

This post may contain affiliate links, which helps us to continue providing relevant content and we receive a small commission at no cost to you. As an Amazon Associate, I earn from qualifying purchases. Please read the full disclosure here.

What should I invest $100 in right now?

Whatever route you decide to take, remember that investing is a good way to learn and make money.

Not only will you likely see an increase in your overall wealth by investing your money, but you’ll also be happier because of the positive impact it has on your life!

How to Invest $100

You can take your $100 and invest it into the stock market or a savings account. Something that immediately starts paying you to make a return.

The other way is you could use that money to buy books and courses on how to make money with any of the ideas below.

Another option would be to invest in a service that others might not have thought of. This could be something like a start-up business or an online course that teaches you how to make money through investments.

There are plenty of ideas on how to invest $100 it just depends on your short-term and long-term goals.

In fact, learning how to make money online for beginners is a hot topic!

The step-by-step guide to making money with this simple trick

If you’re looking for a step-by-step guide on how to make money with this simple trick, look no further! In this ultimate guide, we’ll cover everything you need to know about the process.

The first step is to invest $100 per month in order to get started. By doing this, you’ll be setting yourself up for a lifetime of financial security.

In order to make money with this simple trick, you’ll need to follow these simple steps:

Decide How You Plan to Make $1000 a day
Invest in Learning How to Do It
Invest your $100
Stay Persistent
Start making profits!

Will everything work out as simply as that? No, but you have to commit to a plan in order for it to happen!

Once you’ve invested in your future, it’s time to learn how to be successful and start making some serious profits!

Invest $100 Make $1000 A Day – Strategies for Success

People have different strategies for success, and the best way to succeed is by figuring out what works for you.

A strategy that might work well for one person may not be suitable or acceptable in another’s situation.

In this article, we’ll explore a few different strategies for success and how they can help you make money from home or on the job. In fact, many of them I implement to make money.

Idea #1: Savings Account

The best way to start investing is to open a savings account. For every $100 you deposit in a savings account, you will earn about a small amount of interest. This may not seem like a lot, but it can add up over time.

In reality, investing $100 into a savings account is a habit that will continue to lead to saving higher amounts of money. While you may not be able to make $1000 a day off your first 100 dollars, your efforts will multiply as your saving percentage increases.

In addition, many banks offer special promotions for new customers, such as a $500 bonus for signing up.

To get the most out of your savings account, be sure to shop around and compare rates at different banks. CIT Bank offers some of the highest interest rates available, so be sure to check them out!

Idea #2: Retirement Accounts (401k or Roth IRA)

Investing in your 401(k) is a great way to secure your financial future. Not only do you get matched contributions from your employer, but the tax benefits make it easy for employees to invest. Contributions are tax-free until retirement, so it’s a good place to put money while you’re working a side hustle or contract gig.

A solo 401(k) is a great way to take advantage of these benefits if you don’t have an employer.

In addition, investing in a Roth IRA is a smart idea as well.

Idea #3: Invest in Cryptocurrency

Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units. Cryptocurrencies are decentralized, meaning they are not subject to government or financial institution control. Bitcoin, the first and most well-known cryptocurrency, was created in 2009.

Cryptocurrencies have experienced a wild ride over the past year! In the past five years, bitcoin prices have swung from a high of $68,000 in November 2021 to the lowest dip of $3236 in December 2018 (source). Many experts believe that crypto will be adopted widely in the future, and some predict that one Bitcoin will be worth $200,000 or more.

Investors can purchase a range of cryptocurrencies through reputable platforms such as Coinbase and Bitstamp. The most common crypto are Bitcoin, Ethereum, Litecoin, and USDC (a stablecoin pegged 1:1 with USD).

Idea #4: Invest In The Stock Exchange

Like an active trader – either as a day trader or swing trader.

When you invest in the stock market, this is a way to make money on your investments.

In fact, you can make money fast in stocks. But, you need to have a solid trading plan first.

My favorite course is Trade and Travel with Teri Ijeoma. In fact, check out my Trade and travel review and begin your journey to making $1000 a day.

Idea #5: Peer-to-Peer Lending

If you’re looking for a solid investment opportunity, peer-to-peer lending may be a good option for you.

Peer-to-peer (P2P) lending service that connects borrowers and investors. Because it’s a peer-to-peer platform, it can be more profitable for the investor.

Both Lending Club and Prosper are examples of investment platforms in this space.

Idea #6: Become an Entrepreneur

There are many options for entrepreneurs to make money. You can start a restaurant, retail store, or offer your services for a fee.

Another great way to make money is by investing in something you’re passionate about. For example, if you love cars, you could open a car detailing business. This requires some planning and dedication but can be very rewarding.

As an entrepreneur, your goal is to invest in ways that have the potential to turn over $1000 per day.

Idea # 7: Invest in Yourself

When you think about it, the best investment you can make is in yourself.

If you have 100 to invest, find what you are missing and fill it with new knowledge. Learning never stops – it’s a continuous process that will help you grow as an individual and stay ahead of the competition.

This is one area where you have the possibility to make well beyond just $1000 a day.

In fact, many of the best millionaire quotes focus on investing in yourself.

Idea #8: Invest Money in Index Funds

Outside of retirement accounts, many people overlook investing in the stock market as an individual.

Index funds have been a popular choice for investment managers for many years. They are a type of mutual fund that tracks the movements of an index, such as the S&P 500 Index. Because these types of funds follow an index, they provide diversification and typically come with lower fees than actively managed funds.

For these reasons, investors may want to consider using index funds when building their taxable investment portfolio.

Idea #9: Enroll in a Course or Certification

There are many different courses and certifications you can take to improve your skills.

This “new skill” could help you transition into a different career. A “certification” might help you get promoted in your current position, or it might allow you to begin working in a new field.

Either way, you are investing $100 or more today to make 10x your money in the future. Consider what skill can be useful in your professional or personal life and invest in a course.

Idea #10: Clear Your Debt

Paying off debt is a guaranteed return on investment.

This may seem a little backward but hear me out…

If you add an additional $100 to paying off your debt consistently, that means you are that much closer to freeing up a huge amount of debt payments to go somewhere else.

In this case, your overall debt payment can be invested in other ways and you will quickly improve your rate of return.

Idea #11: Work As A Sales Person

Commission payments are a large part of income for salespeople. In fact, US News reports that the average sales professionals earn an average salary of $73,500 in 2020.

This is a competitive field, but it can be very rewarding for those who are driven to succeed.

You probably will have to invest in a business degree to make this career field worth it.

Idea #12: Write A Book

Books are a great way to make money. They are one of the few investments that can be made with the intent to generate passive income. In other words, you put in some work at the beginning and then receive payments over an extended period of time without having to do anything else.

Writing a good book is an easy way to make money in 2023. As an independent self-publisher, if your book sells 100 copies per day at $10 each, you will make $1000 on every copy sold.

Publishing companies can help pay an advance for your work and handhold you throughout the process. You might need skills beyond writing if you want your book published at one of the larger publishing companies.

If you are serious about becoming an author, it is best to go through a publishing company and have them edit your work for you. This will ensure that your book is high quality and likely to sell more copies.

Remember: publishing a book is not cheap! It takes a lot of hard work and dedication, but if done correctly it can be an excellent way to make 1000 dollars a day or more.

Idea #13: Become a Book Nerd to Build Skills

Investing in books is a way to improve your knowledge and increase productivity. It’s impossible to become an expert in every field, but it’s possible to become one by reading about them. Books can change the way you view life and give you fresh perspectives on how to handle finances, as well as other aspects of life.

An investment of $100 in 2023 would yield $1000 or more depending on the non-fiction niche books you choose.

So, what are you waiting for? Start reading!

Idea #14: Online Flipper

So you want to flip 100 bucks to 1000? Well, it’s not as hard as you might think. In fact, with a little bit of effort and some basic knowledge, you can turn that hundred into a thousand in no time at all! Here are a few tips to help get you started:

Find something to flip. This could be anything from furniture to clothes to electronics. Keep an eye out for items at local retailers that are on sale and look like they could be resold for more online.
Know your market. What is the average price for the item you’re looking to sell? Knowing this information ahead of time will help make sure that you don’t sell your product for too little (or worse, too much).
Have the proper tools ready before starting your flipping business. This includes having a good camera or phone with which to take pictures of your products, a computer or laptop with which to list them online, and PayPal or another payment processing system set up and ready to go.
Be prepared for some work! Flipping isn’t always easy–you may have to spend time researching what items are selling for how much online, traveling long distances to find good deals or dealing with frustrating customers.

A great way to get started is to learn more from the Flea Market Flippers! They are very successful and teach others how to flip items

If you’re willing to put in the effort, flipping can be a great way to make some extra money on the side.

Idea #15: Invest in Real Estate

There are a number of great reasons to invest in real estate in 2023. In fact, real estate is one of the best investments for making money.

To start investing today, set aside a few hundred dollars each month and invest in real estate over time. This will help you build your wealth slowly and steadily.

Ways to Invest in Real Estate:

Rental Properties: Investing in rental properties can prove profitable with monthly renters and appreciation from rental income or capital gains as a property is worth increasing over time. However, rental properties require more upfront money and more work to maintain than other types of real estate investments.
Flip Houses: Another option is buying properties at low prices, fixing them, and selling them for a quicker profit.
REITs: Real estate investment trusts are a great way to access real estate much like mutual funds. These are highly regulated. However, learn about the best paying jobs in REITs.
Crowdfunded Options: Crowdfunded real estate can be accessed by anyone with a little bit of money – you don’t need to be a millionaire to get started! The returns tend to be more significant than the stock market so it’s a good choice for beginners. Plus, EquityMultiple lets you invest in real estate without worrying about managing a property yourself. It’s possible to make $1000 per day through EquityMultiple, depending on the time frame and market conditions.

Between crowdfunded real estate, rental properties, and REITs – there are plenty of options to choose from when it comes to investment vehicles. Each has its own unique advantages and disadvantages, so it’s important to do your research before settling on an option.

Overall, though, investing in real estate is a great way to grow your wealth and secure your financial future!

Idea #16: Get a New High Paying Job

There are many high paying jobs in the world, but the skill necessary to get one of those jobs is managing people. People who manage other people are able to get paid more because their skills are rare and in high demand.

Management positions are typically the highest paying, but there are also many other responsibilities as well. other lucrative options to consider.

This will help you find more money to invest on a regular basis and start making more money each day.

Idea #17: Affiliate Marketing / Influencer

Affiliate marketing is a great way to make money online. In fact, many affiliate marketers earn six figures or more per year. So what is it?

Affiliate marketing is the practice of advertising a company in exchange for payment. Affiliate marketers work with blogs to post about products and services, which makes them eligible for receiving payment when someone clicks on the link and purchases something from the company they’re advertising for.

It’s not likely that you’ll make this kind of money right away, but as your influence grows, you can certainly make some good cash through affiliate marketing programs.

The costs associated with getting started are relatively low–you can probably get started for less than $100–and it takes about the same amount of time to build up your blog’s audience and reader base from scratch. So if you’re looking for a solid way to generate some extra income online, give affiliate marketing a try!

Idea #18: Start Your Own Blog

With just $100, you can start your own blog and make money.

Blogging is a great way to make money and requires little in the way of cash or startup costs. In fact, many bloggers start their sites for free and then upgrade to more expensive hosting plans as their blogs grow in popularity. The cost of starting a blog is minimal and you’ll need to find your topic to write about first, but it’s possible over the course of years.

There are many different types of blogs that can be started with their own benefits – from personal finance advice to cooking tips – so finding the right one for you is essential.

To monetize your blog, consider offering services or digital products to consumers interested in what you have to say on the topic of your blog’s content. For example, if you’re a great cook, you could start a cooking blog and sell recipes through an online store; or if you’re an expert on personal finance, you could create e-courses teaching people how to save money and invest for their future.

Blogging is a long game; SEO traffic requires patience, but the payoff will be worth it in time. It can take anywhere from 6 months to over 18 months for bloggers to start seeing results. However, those who stick with it and reinvest their profits back into their sites can make $1,000/day from their blogs.

So what are you waiting for? Start blogging today!

Idea #19: Charity

Philanthropy is an excellent investment, so donating to charity is a wise choice.

Not only do you help others in need, but you may also be rewarded with tax breaks or other benefits.

Additionally, many charity works are good investments because of the promise of reward. For example, building a well in a developing country can provide access to clean water for years to come.

Look for ways to give where your donation can be matched.

Idea #20: Save For College

You can invest $100 and make $1000 a day by saving it.

One way to save for college is to invest in a 529 plan. A 529 plan allows you to save money for college tax-free. In addition, many states offer tax deductions or credits for contributions made to a 529 plan. Another benefit of a 529 plan is that the money invested grows tax-deferred. This means that you don’t pay taxes on the earnings from your investments until you withdraw them from the account.

Many parents find it difficult to save for college because they face high tuition costs and other expenses associated with sending their children to school. However, if they start early and contribute small amounts on a regular basis, they can accumulate enough savings overtime to cover most or all of their child’s education costs.

Idea #21: Use Gig Economy Apps to Earn Money Fast

Now, it’s easier than ever to find work. There are a number of apps and websites that can help you find short-term or long-term work. These include apps like:

These apps provide a new way for people to make money when they’re not working traditional jobs.

How can I invest $100 and make money everyday?

There are a variety of different ways that you can invest your money in order to make a profit.

The most hands off approach for many is investing in index funds. As a buy and hold strategy, you are likely to earn 6-8% plus on your investment.

As you hold onto the index fund for the long term, you are able to participate in any upside should the stock prices go up.

Invest $100 to Make $1000 a day is possible!

It’s true–you can make a lot of money by investing just a small amount at first. For example, if you invest $100, you could earn up to $1000 in profits! This is possible by following the strategies outlined in this article.

When you need to know how to make 2000 fast, this is how you do it!

Of course, it’s important to remember that investing isn’t limited to those who have a lot of money. In fact, anyone can benefit from this type of activity financially and make more money in the process.

So don’t be discouraged if you don’t have much saved up already. You can start by investing $100 into the stock market and then reinvesting your profits as soon as possible, in order to grow that initial investment. And who knows? With a little bit of hard work and patience, you could be making thousands of dollars per day before you know it!

This is how you can double $10k quickly.

Don’t delay in investing. You have to start at one point to start making money.

Then your next goal will be how to turn 10k into 100k.

Source: moneybliss.org

Apache is functioning normally

May 21, 2023 by Brett Tams

Home prices fell the least in housing markets where most borrowers took out fixed-rate mortgages, according to a perspective by Freddie Mac deputy chief economist Amy Crew Cutts.

Cutts, who praised the fixed-rate mortgage for being an “American Economic Shock Absorber,” noted that home prices are down less than five percent in states where prime, FHA loan, or VA loan long-term fixed-rate mortgages are predominant.

“In fact, home prices have slipped two percent or less in the states with the highest percentages of these mortgages – South Dakota (85 percent), North Dakota (84 percent), and Texas (70 percent),” she wrote in a blog post.

But home values fell on average 39 percent or more from their recent peaks in 2006 or 2007 in areas where exotic and adjustable-rate mortgages festered, thanks in part to payment shock.

Just 51 percent of mortgages in hard-hit Nevada were fixed mortgages – similar numbers are seen in other hot spots like California (52%) and Florida (54%).

Why Did Borrowers Choose ARMs?

The big question is why borrowers in these foreclosure-riddled states chose adjustable-rate mortgages.

Was it out of necessity because home prices were just too high, and electing to take an ARM was the only way to keep the debt-to-income ratio within guidelines?

Or were homeowners tempted by the idea of the option arm, which allowed them to make 1% mortgage payments and bank on the notion of future home price appreciation?

Regardless, fixed-rate mortgages seem to be the hot ticket right now, and that’s certainly not a bad thing going forward if we want to avoid mortgage crisis in the future.

On the flip-side, a study conducted last month found that long-term fixed-rate loans aren’t necessarily the end-all, be-all solution to, ahem, fix housing.

Source: thetruthaboutmortgage.com

Apache is functioning normally

May 21, 2023 by Brett Tams

Most mortgages carry a 30-year term, even if they’re adjustable for some period of those three long decades.

But in some cities, it’s reasonably possible to pay off your mortgage a lot earlier thanks to low home prices and decent wages.

Now, this isn’t to say you should pay your mortgage down aggressively…it’s just that you could, if you were so inclined.

Unsurprisingly, most of the cities in the top 10 list can be found in the central states, like Ohio, Michigan, and Missouri. But there are also spots in Pennsylvania and New York where home buyers can get free and clear in no time at all.

The Fast List

The data nerds over at Realtor came up with the list above by calculating median home prices in the top 50 markets in the U.S. and lining them up with the recommended 28% housing DTI ratio.

The result is a short 5.4 years to pay off a median priced home of $128,000 in Cleveland, Ohio. Sure, your football team won’t be very good, but at least you’ll have a football team.

And if you focus on tackling the mortgage, you’ll only have to pay taxes and insurance on your digs in little more than half a decade.

That’s certainly pretty cool if you’re not one to carry lots of debt. And you might get a decent water view on the “North Coast,” a term I’ve never heard until today.

You can pull off the same magic in cities like Rochester, NY, Pittsburgh, PA, and Buffalo, NY.

There are plenty of other major metros on the list as well, including the likes of St. Louis, Indianapolis, Cincinnati (hard to spell, but decent football), and Kansas City (great baseball).

In Indy, some 71% of the homes are affordable to prospective home buyers, and St. Louis was deemed a top 10 up-and-comer by Realtor.com thanks to strong projected home sales and future home price appreciation.

So if you don’t want to worry about the mortgage for more than a handful of years, as opposed to into your old age, check out those cities. You may even be able to take out a 15-year or 10-year fixed mortgage at the outset to save a ton in interest and grab a lower mortgage interest rate.

Conversely, if you want to keep your mortgage forever, look at these 10 superstars.

The Slow List

In Los Angeles, it will actually take you nearly the full 30-year term to pay off your mortgage. The annual income of around $100,000 in the 90210 requires a lengthy 29.4-year amortization period.

So no 15-year fixed for you unless you’re making big bucks. You’ll need a 30-year mortgage.

The same goes for much of the Bay Area, including San Jose and San Francisco, and in sunny San Diego. That explains why lenders are increasingly offering zero down mortgage options like the POPPYLOAN.

Hot cities such as Denver are starting to get a hair expensive too seeing that it’ll take the average buyer 21.3 years to pay off the mortgage without breaking the bank or raiding the retirement nest egg.

It’s a little bit better in places like Miami and Portland, but these cities are clearly getting more expensive as homeowners from nearby states (and countries) flock to affordability.

However, there are still some relative bargains to be had in places like Sacramento, California and Austin, Texas where it can take less than 15 years to get mortgage-free while still saving for retirement and living comfortably.

Source: thetruthaboutmortgage.com

Apache is functioning normally

May 21, 2023 by Brett Tams

As the old saying goes, “In real estate, location is everything.”

You may not know much about REITs, but you might want to consider one of them as a career. They’re great for people who like real estate, enjoy making money, and need consistent work hours.

Real estate investment trusts (REITs) are companies that were formed to make it easier for individuals to invest in real estate.

Want to know what the top paying jobs in Real Estate Investment Trusts are in 2022?

Well, take a look at this list of 25 best paying jobs for real estate investment trusts and see if you can find one that sounds perfect for you. In addition, each job features information about how much each job pays, what you can expect on the job, any job training needed, and other fun facts!

If you are looking for your next career, this article will give you plenty to think about as well as potential opportunities that may be available to you.

What are real estate investment trusts?

Real estate investment trusts, or REITs, have become an increasingly popular way for investors to get involved in the real estate market. REITs allow people to invest in large-scale real estate projects without having to purchase and manage the properties themselves.

In addition, REITs offer shareholders a wide range of benefits, making them a great choice for those looking to invest in this growing market.

How do real estate investment trusts work?

A REIT is a type of company that owns and operates various types of real estate, and because they are exempt from corporation tax on profits generated through rental income and the sale of rental properties; They are a very attractive option for high-earners.

They pile investors’ money together and invest in various commercial real estate, which increases returns over time. In addition, REITs are generally owned by the general public, and they invest in real estate assets.

Lastly, they make a profit through investments or leasing; a return on investment is typically received as a dividend. Real estate investment trusts are similar to mutual funds in that they hold investments, distribute dividends, and pay taxes.

Is a real estate investment career good?

Real estate investment companies are a great place to start a career in real estate.

Real estate investment trusts (REITs) are one of the most productive industries today. They provide steady and consistent growth, as well as good job opportunities with high salaries. Careers in real estate that can lead to better-paying jobs include appraisers and investment bankers.

Best paying jobs in real estate investment trusts

The market for REITs has grown rapidly in recent years, with the total value of REITs reaching almost $3.5 trillion by the end of 2021 (source).

There are many different jobs in the real estate investment trust industry that come with a variety of salaries. The best paying jobs are reserved for the C-level executives:

Chief Executive Officer: The CEO is the highest-ranking executive officer in a company and is responsible for making major decisions that affect the business. CEOs in the REIT industry earn an average salary of $468,000 per year.
Chief Financial Officer: The CFO is responsible for financial planning and reporting, as well as managing relationships with banks and other lenders. CFOs in the REIT industry earn an average salary of $341,000 per year.
Chief Operating Officer: The COO is responsible for overseeing all day-to-day operations of a company. COOs in the REIT industry earn an average salary of $325,000 per year.

Followed by the attorney, which is one of the highest-paying professionals in real estate investment trusts.

Now, we are going to list the most lucrative jobs in REITs. Then, you can decide… is real estate investment trusts a good career path for me.

The higher paid jobs will come with more education needed and years of experience.

1. Real Estate Attorney Jobs

Real estate attorneys are in high demand for their knowledge of transactional law and contractual issues. They work on a variety of deals involving the purchase, sale, or leasing of real estate. As such, they provide critical legal support to the real estate investment trust (REIT) industry.

Real estate attorneys license in their state to practice law. They can prepare contracts, advise clients on purchases and investments, review documents, represent mortgage lenders at closing, or simply provide legal counsel without the requirement of an attorney’s license.

Consequently, real estate attorney jobs are an excellent opportunity for those looking to work in the REIT industry.

Real Estate Attorney: well over 6 figures (average)

2. Real Estate Developer

Real estate developers are typically involved in the design, construction, and marketing of properties. They are also involved in land assembly and subdivision, zoning regulation, and the establishment of building codes.

Builders are involved in all aspects of the development process, from acquiring land to constructing buildings. Promoters are responsible for finding investors and marketing completed projects. In both cases, real estate developers may work either on their own or with a team of partners.

A developer obtains land and constructs assets for sale, while also selling them off when they become old enough to be sold again.

Real Estate Developer Salary: over 6 figures (average)

3. Director of Real Estate and Facilities

The Director of Real Estate and Facilities is responsible for a variety of tasks within the department. These tasks include, but are not limited to, the following:

Acquiring new properties
Negotiating leases
Overseeing property management
Maintaining the company’s physical infrastructure
Developing and implementing strategic plans

A director of real estate and facilities is a key role in any company that deals with real estate investment trusts (REITs). Therefore, this position often leads to advancement opportunities, making it an excellent career choice for those interested in this growing field.

Director of Real Estate and Facilities Salary: $130,000 a year (average)

4. Director of Acquisition

Directors of acquisitions in real estate investment trusts are responsible for finding new properties to invest in for the company.

Typically, they work with their analysts to conduct due diligence on potential investments and analyze the risks and rewards involved in order to provide a recommendation to their superiors.

The acquisition team is responsible for finding investment opportunities for the company, which can be traditional real estate assets or creative ideas that can become a business. They are constantly on the lookout for new and innovative opportunities that can help bolster the company’s growth.

Director of Acquisition Salary: $125,000 a year (average)

5. Real Estate Agent

As a licensed real estate agent, you would help clients buy, sell, and rent properties. In order to become a real estate agent, you must pass an exam that covers topics such as contracts, ethics, and state laws. You would be responsible for understanding the real estate market and helping your clients make informed decisions about their property transactions.

In the case of REITs, you must be a commercial real estate agent who are in charge of dealing with important financial data. They need to know about the internal rates of return, gross rent multipliers, and capitalization rates in order to do their job effectively. In order to become a commercial real estate agent, you will need some background in business and finance. This knowledge will help you understand your client’s needs and better serve them.

Unlike most professions, the more business deals you close as a real estate agent, the better your pay is. Furthermore, many agents work on commission-based pay, so it’s important to be knowledgeable about the market and have a strong sales skill set.

Agents who are successful can make much more than this amount; however, those who are just starting out may make less until they gain experience and build a client base.

Real Estate Agent Yearly Commission: $100,000 a year (average)

6. Investor Relations Manager

An Investor Relations Manager is responsible for managing the relationship between a company and its investors. They must be able to quickly understand complex financial information and communicate it in a clear and concise way. Additionally, they are responsible for communicating the company’s financial performance and strategy to investors.

They are also responsible for updating quarterly reports on the investor’s online dashboard. This can be a high-stress job because you must keep your investors happy especially during a market downtrend.

Investor Relations Manager Salary: $100,000 a year (average)

7. Project Manager

Project managers are responsible for ensuring that a project is completed on time and within budget.

They work in teams to make sure that all aspects of the project are completed. Thus, they must have strong organizational skills. They also typically have experience in leading and coordinating teams.

This is a highly lucrative job for those building new assets for a REIT. The highest-paid 10 percent earned more than $187,000, while the lowest-paid 10 percent earned less than $59,000.

Project Manager Salary: $90,000 a year (average)

8. Accounting Manager

They do this by preparing financial statements, maintaining accounting records, and overseeing the work of accountants and bookkeepers. In order to qualify for this position, you will need at least a bachelor’s degree in accounting or a related field, as well as several years of experience in accounting or bookkeeping.

However, with experience and expertise in the field, it is possible to earn much more than that. Those who work for real estate investment trusts (REITs) can expect to make even more money.

Accounting Manager Salary: $90,000 a year (average)

9. Asset Managers

Asset Management is a process that oversees the operational and financial work of a portfolio of assets. This includes tasks such as budgeting, forecasting, reporting, and analyzing data to make sure the asset is performing well.

As they are responsible for managing the portfolio assets in the real estate investment trust (REIT), they must expect a higher stress job. In addition, their job entails working with other departments in the company, such as accounting, acquisitions, development, and finance.

Asset Managers Salary: $89,000 a year (average)

10. Construction Supervisor

A construction supervisor oversees all aspects of a construction project, ensuring that it is completed on time, within budget, and to the required standard. This position requires a great deal of experience and knowledge in the field, as well as strong leadership skills.

They make sure that everything runs smoothly! Speficially, all the necessary equipment, materials, and supplies are ordered and on-site when they are needed. They also check the quality of the work as it is being done; making sure projects are constructed in accordance with contract documents, standards, codes, and policy.

In order to become a construction supervisor, you need only a high school diploma or GED. However, five years of experience in yard operations or equivalent education and experience is preferred.

Construction Supervisor Salary: $89,000 a year (average)

11. Investment Due Diligence Analyst

An investment due diligence analyst is responsible for conducting an extensive analysis of potential investments for a real estate investment trust. They work with the team to identify opportunities, underwrite deals, and make recommendations. The role is essential in helping the team make sound investment decisions that will benefit the company in the long run.

This job is a key player in the real estate investment trust (REIT) industry.

To be successful in this role, you’ll need experience with REITs or a national brokerage, as well as excellent quantitative skills including the ability to build real estate valuation models and distribution waterfalls.

Investment Due Diligence Analyst Salary: $80,000 a year (average)

12. Financial Analyst

The most common role of a financial analyst is assessing a company’s current and future financial health, which may include issuing stock recommendations, forecasting earnings, and providing risk analysis. Financial analysts may also work with investment bankers to identify new investment opportunities.

However, salaries can vary significantly depending on the size of the company, the city in which you work, and your level of experience.

Financial Analyst Salary: $80,000 a year (average)

13. Business Acquisition Analyst

An acquisitions analyst is responsible for reviewing potential investments and determining the risks and rewards associated with commercial property.

The analysis will include both macro-level information, such as the political and economic environment, as well as more fine-tuned data that is specific to the investment itself.

Many in this role have found a business degree to be well worth the cost.

Director of Acquisition Salary: $78,000 a year (average)

14. Commercial Property Manager

Property management is a growing field, as the demand for individuals who can manage both residential and commercial properties increases. The goal of property managers is to ensure assets are kept in good condition and are appealing to owners and tenants alike.

Real estate investment managers have a very important job, as they are responsible for meeting the needs of property owners, tenants, and investors.

Primarily, they oversee maintenance and repairs, collect rent, screen tenants and enforce lease agreements. They also may negotiate leases, recommend improvements to the property, and coordinate with contractors.

Commercial Property Manager Salary: $75,000 a year (average)

15. Real Estate Photography

Real Estate photography is a specialized field within the photography industry. As such, many photographers start their own businesses in this area.

In order to be successful, it’s important to have strong marketing and business skills. Your portfolio should showcase your best work and be tailored to the types of properties you will be photographing. Additionally, you may choose to offer additional services such as virtual tours or video production.

A real estate photographer would work closely with the marketing team.

Real Estate Photographer: $70,000 a year (average)

16. Marketing Coordinator

Marketing coordinators are responsible for developing and executing marketing campaigns.

They work with the advertising department to come up with ideas. Then, working with the rest of the company to make sure that those campaigns are executed properly. They create all marketing materials, track campaign results, liaise with outside vendors, and organize events.

Given the regulations around REITs, it is highly important that the marketing communications follow the investment directives from the SEC.

Marketing Coordinator Salary: $67,000 a year (average)

17. Maintenance Supervisor

A maintenance Supervisor is a position that requires managing and overseeing the work of others. Thus, ensuring work is completed in a timely, efficient and safe manner.

They are responsible for making sure all company policies and procedures are followed, as well as any legal requirements or safety regulations. Additionally, they manage budgets and expenses, as well as staff.

The ideal candidate will have experience in the property management or construction industries, as well as supervisory experience. A degree in engineering, architecture, or a related field may be beneficial.

Maintenance Supervisor Salary: $65,000 a year (average)

18. Property Appraiser

Appraisers are typically called in when there is a need to settle a dispute about the value of a piece of property, or when someone is buying or selling a home and needs to know how much it is worth.

Most states require that you be licensed in order to practice as an appraiser. The job outlook for appraisers is good; the Bureau of Labor Statistics predicts that employment will grow by 4% from 2020-2030 (source).

Property Appraiser Salary: $60,000 a year (average)

19. Leasing Consultants

Leasing consultants are responsible for meeting and greeting clients, touring potential tenants through a property, and helping them decide whether or not to lease it. They must be knowledgeable about the property they are showing, as well as about the local rental market.

Consequential, this is a good job for someone who is able to close deals, so being persuasive is important.

They should also be outgoing and comfortable working with people from all walks of life. A high level of professionalism is essential, as is attention to detail. Leasing consultants typically earn commissions based on the number of leases they sign, making this a commission-based job.

Leasing Consultant Salary: $50,000 a year (average)

20. Commerical Real Estate Intern

Commercial real estate internships are a great way to get started in the commercial real estate industry. Many internships will give you the opportunity to work with the CEO/COO and learn about all aspects of the business.

In most internships, you will gain vast knowledge while working with every department within the company.

Consequently, interns often have the chance to work with different teams and learn about all aspects of commercial real estate. This is a great way to gain experience in the field. Plus you will get a well-rounded working experience and the opportunity to build your network.

You must be a college student who is detail-oriented, self-starter, creative and strategic thinker in order to be considered for any real estate internship.

Commercial Real Estate Intern Salary: unpaid to $20 an hour

(Source for All Salary Information: Glassdoor.com)

Bonus = Real Estate Investors

Real estate investors use a variety of strategies to make money in the real estate market. Some invest a minimal amount of money, while others take on high-risk ventures.

In order to be successful, investors must be well-versed in real estate investment strategy and have extensive knowledge of the market.

This is why REITs are so popular with most investors. It allows a hands-off approach to real estate investing. Yet, still profit in the real estate appreciation and rental income.

Real Estate Investors Salary: varies on the amount of money invested but most want at least a 6-10% return

What real estate investment jobs are entry level?

Real estate investment is one of the best paying jobs in the world. The job offers a lot of opportunities for growth and allows you to work with different types of people.

It also has a relatively low barrier to entry, making it a great option for those who are starting their careers.

Most people in real estate started at the bottom and worked their way up the corporate ladder with hard work and persistence.

What are the minimum requirements for entry level real estate jobs?

The industry is growing rapidly and there are many different opportunities for those looking to enter the field. However, it’s important to note that entry-level jobs in this field come with specific skill sets and education requirements.

Most require at least a college degree if not at least 5 years of hands-on experience. One of the best places to start without any qualifications and education is as a leasing consultant

If you want to progress quickly in your career in real estate, consider taking a chance on one of the best paying jobs in REITs listed here. In fact, there are many jobs available in real estate investment trusts.

REITs – Which real estate investing job looks appealing to you?

The REIT industry is constantly growing, and with that comes new opportunities for a lucrative career path.

Many of the roles in a REIT are highly challenging, pay well, and are respected by investors. Many people work together as a team to build new projects, manage existing projects as well as work to finance them.

There are plenty of benefits of spending time researching this industry and finding the job for you.

In fact, it is an exciting and rewarding career!

Source: moneybliss.org

Apache is functioning normally

May 20, 2023 by Brett Tams

I love the jeans I’m wearing. I actually wear them almost four days a week. Chances are that if you see me, I’m wearing these jeans. They’re my only pair. When I bought them, I very gladly put down my $200 cash and left the store with a smile. The jeans I had before them cost the same, and I wore them until they got holes in them, and then I got those patched up, and then the patches got holes in them and the hem came out and I decided to move on.

A lot of personal finance advice I read says that $200 is entirely too much to spend on jeans, no matter their longevity. The problem here is that I love these jeans. I feel confident in them. It sounds weird to me, but having jeans that fit this well have become a value of mine. The jeans aren’t the point though. Chances are, we all have something we buy that maybe costs more than it should, or at least more than it could, be it wine, fitness, clothing, makeup, electronics, or pure-bred cats. My goal is to spend on the things I care about, and ferociously save on the things I don’t.

I practice the art of conscious spending.

Your Values Should Dictate Your Spending

We can’t have it all. With my jeans, I spend on the pants and then save on the shoes I wear with them. My shoes aren’t important to me. They probably should be, but try as I might to read studies about proper arch support, I can’t get myself to make it a value. If I were to spend on the jeans, then spend on the shoes to go with them, then the belt to match, I frankly wouldn’t have enough money for a shirt.

With travel, it’d be great to stay in a luxury hotel, eat at fancy restaurants and take cabs everywhere. But for most of us, that would make travel inaccessible. If I ever splurge on more comfortable accommodation, I’ll make sure to walk everywhere and get cheap street food to eat at the park.

My point is this: Figure out your values. Spend on those, skimp on the others. For me, this meant charting my spending. By seeing where my money was going, I could more properly cut out what I didn’t care about and funnel the funds into what I did, or more probably, into savings.

Here’s an untrue example of where my $500 in discretionary spending went one month:

I look at this list and have three things come into mind first:

I love Chairman Meow, and so his wild caught Alaskan cat food is non-negotiable.
I do hear the people sing and tend to cry through all of Act I.
I still can’t believe how effective acupuncture is at reducing stiffness in my back.

Outside of those three, I realize I usually don’t have a very good time when I go to concerts with my friends and these Levis come on way too high on my waist. To align more with my values, I should keep the cat food, Les Mis, and needles, and enjoy a night at home reading a library book (Victor Hugo!) in my amazing new jeans.

Saving Up

If the desire to buy a more expensive item is strong enough, I should be able to save for it. If my desire wanes from day to day, or I realize that I’d be happy with something cheaper, I don’t buy the product.

I’m really looking forward to a trip I hope to take to Istanbul next year. If Istanbul didn’t come up at least once a week in conversations for me, it would probably cease to be a savings goal. If I don’t change behavior and put more money toward it, it isn’t going to happen.

To change behavior, I set up smaller goals and advertise to myself. I have this picture on my desk now and gaze lovingly at it every time I transfer funds into my Istanbul savings account. The week before I make a transfer, I go to the library and get out a book (hopefully with lots of pictures) about the city and read away. Not only will I have more appreciation and knowledge of various landmarks once I get there, but it helps keep Istanbul exciting, fresh, and sexy for me, not that it needs much help.

A few months from now, if my monthly savings goal continues to be met, I’ll buy the plane tickets and know some more awesome facts, like back when the city was part of the Ottoman Empire, Istanbul had 1400 public toilets all over town. Europe at the time had yet to build a single palace.

Merit-Based Rewards

With some of my larger purchases, I make myself earn them in a less financial sense. I want to make sure something is a value of mine before I spend the money on it. Here’s what I’m talking about:

For a big trip, justify spending the money by having a tangible language goal. Tell yourself that after a year of weekly French classes, you’ll finally allow yourself to spend the money on eating a baguette under the Eiffel Tower.
Interested in taking barre classes? Commit to using the DVD two or three times a week for the next two months. If you can get that done, it’s become a value and money can follow.
Want that expensive new makeup? Use up everything in the bathroom first instead of adding to the pile of half-used containers.
Looking forward to your favorite band coming to town? Learn the riff of your favorite song on guitar, especially if you’ve never played before.

Pick a goal that makes sense and stick to it. If the purchase isn’t inspiring you to save and better yourself, then it probably isn’t a value.

Frugality isn’t always about finding the cheapest option, but rather bringing as much consciousness to your spending as possible. You can lose the guilt, increase the pleasure, and accomplish something new.

What’s your more pricey item? How do you make sure your spending is a conscious effort on it?

Source: getrichslowly.org

Apache is functioning normally

May 20, 2023 by Brett Tams

Do you enjoy spending your hours at work in the office, or do you like to be outside? Do you find it fun and exciting when a deal is done, or are deals just more busy work for your day?

If any of those questions have got stuck on repeat in your head, then these real estate investment trusts might be a good career path for you.

The short answer: Real estate investment opportunities are plentiful and they come with varying degrees of risk and reward depending on what you’re looking for.

I know from experience that real estate investment trusts can be a good career path.

So if real estate investing sounds like something that might be right up your alley, keep reading!

What are Real Estate Investment Trusts?

Real Estate Investment Trusts, or REITs, are a type of investment that receive tax concessions from the government. This is because they are designed to promote the development and growth of the real estate industry.

Investors can put their money into diverse projects, such as hospitals, schools, warehouses, and hotels.

In addition, REITs are publicly traded companies that buy, sell, and operate cash flow-producing commercial real estate. There are some privately traded REITs as well.

Why REITs as an Investment?

REITs have many investors who make up their stock portfolio. These can be individuals such as retail investors like you and me or other businesses.

What’s more, is that REITs are trusts similar to mutual funds which offer stability for both short-term and long-term investments in property assets.

Finally, REITs offer investors a reasonable return on investment.

What are the different types of real estate investment trusts (REITs)?

Real estate investment trusts, or REITs, are a type of security that allows people to invest in real estate without actually having to own any property. They are similar to mutual funds, with the exception of their working procedure.

There are two major types of REIT: equity and mortgage. Each type has its own specific benefits and drawbacks.

Equity REITs

Equity REITs are the most common type of REIT and they generate their revenue primarily through rents, not by reselling properties. This makes them a relatively stable investment option and they are often used as a way to diversify an investor’s portfolio.

Mortgage REITs

Mortgage REITs are a type of real estate investment trust (REIT) that invests in mortgage-backed securities. They are similar to other types of REITs, but they tend to have a higher yield as they earn their income from the interest margin on the mortgages they own.

This makes them potentially sensitive to interest rate increases as it could reduce the spread between what they earn on loans and what they pay out in funding costs.

Hybrid REITs

Hybrid REITs use a combination of the two strategies. They own properties like equity REITS and use the money from investors to purchase mortgages like mortgage REITs.

How to Buy Real Estate Investment Trust

Real estate investment trusts, or REITs, are a type of security that allows investors to purchase shares in a company that owns and manages income-producing real estate.

There are three types of REITs: publicly traded, public non-traded, and private.

Publicly traded REITs are the most common and are listed on major stock exchanges. They offer liquidity and transparency but also come with higher risk.
Public non-traded REITs are not listed on exchanges but offer more liquidity than private REITs.
Private REITs are not available to the general public and have less liquidity than both publicly traded and public non-traded REITs. Private REITs can be sold only to institutional or accredited investors.

Pros and Cons of Investing in Real Estate Investment Trusts

When it comes to making money, real estate is always a sound investment. And with the popularity of real estate investment trusts (REITs), you no longer have to be a landlord or developer to invest in properties.

REITs are becoming increasingly popular because they offer investors diversification and liquidity- two key features that any good investment should have.

But like anything else, there are pros and cons to investing in REITs. Here are some things you should consider before you put your money into this type of trust:

Pros of REITs:

1) Diversification: Real estate is a very diverse asset class, and by investing in a REIT, you’re automatically spreading your risk across many different properties. This helps reduce the volatility associated with stock market fluctuations.

2) Liquidity: A key advantage of REITs is that they’re highly liquid- meaning you can sell your shares at any time without penalty. This gives you the freedom to take profits when the market is doing well or reinvest them when prices are down.

3) Professional Management: When you invest in a REIT, you’re essentially hiring professional property developers and managers to do all the hard work for you. This takes away the hassle of dealing with tenants, repairs, and other day-to-day tasks associated with owning property.

Cons on REITs:

1) No Say in Management: Unlike directly owning property, you have no say in how the REIT is managed. If you don’t agree with the way the managers are running things, there’s not much you can do about it.

2) Taxation: The tax laws surrounding REITs are a bit complicated, so make sure you consult an accountant before investing. In general, taxation is much easier than owning the property yourself, but it’s still something to keep in mind.

3) Fluctuating Values: Just like stocks, real estate prices can go up and down quickly. So if you’re looking for a stable investment that will always give you a return on your money, REITs might not be right for you.

How successful are real estate investors?

Real estate investment is a popular way to make money, but it’s not without its risks.

Those who are successful in this field often have a lot of money or access to money (private money, hard money, bank financing, self-directed IRA).

It can be a career if you’re willing to put in the work, but it’s important to think carefully before making that decision.

Real Estate Career Path

Many different real estate jobs offer high salaries and great opportunities for career growth. Plus you can match your experience to find the best real estate career path.

These jobs offer a variety of opportunities and allow you to work in a wide range of settings.

What are the Requirements of Managing a REITs?

Real estate investment trusts, or REITs, are a type of mutual fund that allow both big and small investors to pool their money together and invest in real estate. REITs offer a variety of benefits to investors, including an opportunity for capital appreciation as well as a strong income stream.

In order to qualify as a REIT, they must be registered with the SEC and meet certain other requirements.

1. Managed by Board of Directors or Trustees

In order to be a REIT, the company has to appoint a board of directors or trustees. The board is responsible for making sure the REITs comply with the regulations set by law and also exercise their fiduciary duties. Furthermore, the board approves important decisions such as changes in investment strategies, acquisitions, and dispositions.

2. Taxable Income Paid to Investors

One of the key requirements for managing a REITs is paying out at least 90% of its taxable income to the investors. This leaves limited room for the manager to use the REITs’ income for their own benefit and also minimizes taxes. As a result, it is crucial that a REITs manager has a strong understanding of tax laws and can effectively communicate with the investors.

3. Gross Income Generated from Real Estate Investments

In order to be a REIT, an organization’s income must come from at least 75% of its total assets in real estate. The other 25% may be invested in cash, securities, and other assets. This allows the company to grow without having to worry about being classified as a security corporation.

4. Number of Shareholders or Investors

Another requirement for managing a REIT is that there must be at least 100 investors and shareholders. In addition, no one shareholder can hold more than 50% of the shares (at least). This protects the interest of all shareholders and ensures that no one person or entity can control the REIT.

How to get started in the real estate investment trusts industry

There are many different ways to get started in the real estate investment trusts industry.

There is no one-size-fits-all answer when it comes to starting a career in this field. Every individual has their own strengths and weaknesses that they need to take into account.

One way is to start as an intern or apprentice and then work your way up the ladder.
You could get your business degree and find a career in REITs.
Another option is to become a real estate agent and specialize in commercial real estate.

There are many online courses and programs that can teach you about the industry, and there are also many books on the subject.

Whatever route you decide to take, remember that it’s important to do your research and learn as much as you can about the real estate investment trusts industry before jumping in headfirst.

How to Get Started as an Investor in the Real Estate Investment Trust industry

Real estate investment trusts, or REITs, can be a great way to invest in property and achieve your financial goals. However, in order to be successful, you will need cash to be able to invest in the REIT.

In addition, the cash must not be needed in the recent timeframe.

My favorite REIT platforms are:

What skills do you need to be successful in real estate investment trusts?

This section is specifically for those wanting to know… is real estate investment trusts a good career path?

First and foremost, you will need to have a degree in finance or another relevant discipline. This qualification will give you the basic analytical skills required for success.

In addition, experience in real estate is essential; it is one of the most complex and fast-paced industries around.

You will also need strong marketing skills. REITs are all about generating income through rent or capital gains, so you need to know how to market properties effectively.

Finally, good communication and people skills are important too; after all, you’ll be dealing with clients and tenants on a regular basis.

If you possess these skills, then real estate investment trusts could be the perfect career path for you!

In fact, if you keep using these good excuses to miss work, then a job change is probably needed.

The future of the real estate investment trusts industry

The real estate investment trusts (REITs) industry is rapidly growing and changing. In fact, REITS account for 2.9 million direct jobs (source).

As the world progresses, so does this industry, with new opportunities and challenges arising constantly. REITs offer a unique career path for those who are passionate about real estate and interested in making money.

Money should not be an issue in this sector, as REITs offer a rewarding career path for those who are willing to invest in it.

Check out the best paying jobs in real estate investment trusts.

Career Options within REITs

REITs offer the opportunity to be paid as an investor or career within the industry. Pay can vary depending on the company and its structure; however, most companies within this sector pay well.

If you work for a REIT, you can learn about investing in the real estate industry by being a part of it–an invaluable experience if you’re looking to invest personally into real estate yourself one day.

As the industry grows, so does the need for new people to enter it; companies are constantly looking for new people. In fact, they typically add 555,000 jobs per month (source).

Within the real estate investment trusts industry, there are various career paths that one can take.

Acquisitions

One common job within the REIT industry is acquisitions; which involves buying or selling real estate assets. This position requires a good understanding of the market and the ability to make quick decisions.

Analysts

In the real estate investment trusts (REITs) industry, analysts typically start out earning a salary of around $80,000 per year. With experience, they can move up to a management or executive role and earn a six-figure salary. Additionally, there are many opportunities for career growth in the REITs industry as it continues to grow.

Property Developer

In the real estate investment trusts (REITs) industry, the developers are the team responsible for building new projects from scratch. They identify potential investments, obtain the necessary permits and funding, and manage construction until completion.

This is an important role in the REITs industry as it drives expansion and innovation.

Property Managers

Property managers are famous for getting things done, and they are essential members of any REIT team.

There is no standard education background necessary for becoming a property manager; however, you need skills in project management and construction management.

Real Estate Agents

Agents typically earn more in commissions than their peers working in traditional real estate brokerages, making this a lucrative career path to consider.

Which real estate career makes the most money?

Real estate is a great way to invest and grow your money.

There are a variety of different ways to get involved in real estate, but one of the most popular ways is through real estate investment trusts (REITs).

REITs allow you to invest in a portfolio of properties without having to go out and find them yourself. This can be a great way to get started in real estate investing and build your wealth over time without day-to-day management.

Turn to Real Estate Career Pathway

Real estate investment trusts (REITs) are a good career pathway if you want to come up with better investment strategies. They can provide opportunities to learn about the market, make contacts and develop skills. However, it is important that you reflect on what skills you have, your resources, and where you align before entering this field.

There is a lot to consider when making the decision whether or not to pursue a career in real estate.

It is important to do your research, reach out to people in the industry, and reflect on what you’ve learned. Only then can you make an informed decision about your future.

It ultimately comes down to what you want and what you’re willing to do.

If real estate is your passion, then go for it!

But make sure you do your research and understand the risks involved. There’s no right or wrong answer, but be sure to weigh all of your options before making a decision.

Source: moneybliss.org

Step 1: Calculate Your Down Payment and Timeline

Step 2: Budget for the Extra Expenses

Step 3: Maximize Your Savings Contributions

Step 4: Work Hard for a Raise

Step 5: Create More Streams of Income

Step 6: Pay Off Your Biggest Debts

Step 7: Don’t Be Afraid to Ask for Help

Step 8: Store Your Savings in a High Yield Saving Account

In Summary: Set Your Goals and Get Started

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Idea #1: Savings Account

Idea #2: Retirement Accounts (401k or Roth IRA)

Idea #3: Invest in Cryptocurrency

Idea #4: Invest In The Stock Exchange

Idea #5: Peer-to-Peer Lending

Idea #6: Become an Entrepreneur

Idea # 7: Invest in Yourself

Idea #8: Invest Money in Index Funds

Idea #9: Enroll in a Course or Certification

Idea #10: Clear Your Debt

Idea #11: Work As A Sales Person

Idea #12: Write A Book

Idea #13: Become a Book Nerd to Build Skills

Idea #14: Online Flipper

Idea #15: Invest in Real Estate

Idea #16: Get a New High Paying Job

Idea #17: Affiliate Marketing / Influencer

Idea #18: Start Your Own Blog

Idea #19: Charity

Idea #20: Save For College

Idea #21: Use Gig Economy Apps to Earn Money Fast

How can I invest $100 and make money everyday?

Invest $100 to Make $1000 a day is possible!

The Fast List

The Slow List

What are real estate investment trusts?

How do real estate investment trusts work?

Is a real estate investment career good?

Best paying jobs in real estate investment trusts

1. Real Estate Attorney Jobs

2. Real Estate Developer

3. Director of Real Estate and Facilities

4. Director of Acquisition

5. Real Estate Agent

6. Investor Relations Manager

7. Project Manager

8. Accounting Manager

9. Asset Managers

10. Construction Supervisor

11. Investment Due Diligence Analyst

12. Financial Analyst

13. Business Acquisition Analyst

14. Commercial Property Manager

15. Real Estate Photography

16. Marketing Coordinator

17. Maintenance Supervisor

18. Property Appraiser

19. Leasing Consultants

20. Commerical Real Estate Intern

Bonus = Real Estate Investors