Luke Babich
17 Ways You Can Make Money Investing in Real Estate
Investing in real estate is a solid way to build generational wealth. Here are 17 ways you can make money investing in real estate—plus eight ways to get started with less money than you think. 7 Most Common Types of Real Estate Investments 1. Buying a Home It seems pretty ...
6 Mistakes That Can Kill Potential Real Estate Deals
Investing in real estate can be incredibly lucrative, but it can also be a lot harder than it looks. Although the past few years of skyrocketing home values have given a lot of novice investors the idea that buying property is a “can’t-miss” investment, the reality isn’t quite so simple ...
3 Ways to Reduce Capital Gains Tax on Rental Properties
Similar to stocks, rental properties are viewed as capital assets. So, when you sell them and earn a profit, you must pay capital gains tax on the money you’ve earned. You can calculate your profit by subtracting the amount you paid for the property (plus any costs for renovations or ...
9 Questions to Ask Before Buying a Commercial Property
After looking at the commercial properties in your area, you’ve finally found one that seems to meet your investment criteria. It’s in a great location, the price is right, and you’re already thinking about putting in an offer. But before you take the plunge, you should ask some tough questions ...
13 Best ROI Updates for Flippers
A good house flipper typically takes a subpar property and turns it into a highly desirable one, essentially turning a frog into a prince. Still, house flippers must walk a fine line between improving a property enough to attract buyers and keeping costs low enough to preserve their profits. The ...
5 Ways Real Estate Investors Can Prepare for a Market Crash
Let’s get the bad news out of the way first: Most economists think we’re headed for a pretty rough period for the economy. Between continuing supply chain problems (both from the pandemic and the war in Ukraine), runaway inflation, incipient stagflation, the last spasms of the pandemic (especially in China’s ...
7 Common Mistakes That Can Hurt Your Small Business
Running a small business is one of the most challenging—and rewarding—things an entrepreneur can do. Even if you line up great investors, assemble a five-star staff, locate your home office in one of the best places to start a company, and have a killer idea, the odds for success are ...
How to Retire Early as a Real Estate Investor
The average American will retire in their 60s, but you may hope to leave your full-time job and retire much sooner. Retiring early requires planning, investing, and taking steps to fast track your financial freedom. Investing in real estate is one of the most reliable ways to build long-term wealth ...
Starting a Business as an Introvert
It's a common misconception that in order to succeed at business, a gregarious, extroverted personality is key. But success in entrepreneurship is not exclusive to outgoing people. Consider famous introverts like Oprah, Bill Gates, and Albert Einstein. Each are household names, and each would relish the rejuvenation they got from ...
How to Succeed as a First-Time Investor
In 2022, it’s easier than ever to be a first-time real estate investor. Technological advances are producing accurate property values. Competition is bringing real estate commissions down. And a booming market is driving home prices through the roof. But just because we’re in a flourishing market, that doesn’t mean success ...
Why Real Estate Investors Are Buying Homes at a Record High
A new report revealed that real estate investors are buying a large percentage of U.S. homes that hit the market. Investor-purchased homes accounted for more than 18% of all sales in the fourth quarter of 2021. In December of that year, investors purchased nearly 44% more homes — more than ...
