When do you think you really need to start thinking about retirement? And what do you make of statements that say you need 2 or 3 million dollars to retire? When I got my first paycheck as an attending, I thought I would be all set to FIRE (Financially Independent Retire Early) in 2020… Let’s … Continue reading How much do you need to retire and how can your Investment Policy Statement help you get there?
As you have probably realized, growing wealth is not just about investing. If you are striving to increase your net worth, it is imperative to have certain protective systems in place prior to embarking on your investing journey and to take advantage of key strategies that help compound your investment growth. The earlier you arm … Continue reading First things first… Your ROADMAP to financial health
Many new investors in the Single Family Home space prefer acquiring turn key rentals- homes that don’t require any major work prior to renting; this is a safe and foolproof acquisition strategy for steady cash flow. Today I wanted to focus on why purchasing a property that requires some TLC actually makes more financial sense … Continue reading WHY and WHEN to rehab your rental?
The FIRE (Financial Independence Retire Early) movement has been increasing in popularity over the last decade, and needless to say I am a firm believer of the concept. The idea of being able to sustain ones lifestyle through income generated passively gives one tremendous opportunities to explore passions that would otherwise have taken a backseat … Continue reading What does FIRE (Financial independence Retire Early) look like with real estate investing??
My first mentor in real estate investing was a dear colleague, a second generation real estate investor who nudged me to start building my real estate portfolio around 2012, which in hindsight was the perfect time to get started. But it wasn’t until a few years later that I eventually took the plunge. And I … Continue reading What is really HOLDING YOU BACK from investing in Real estate??
When you are looking to buy a rental investment property, its crucial to know how to “run the numbers”. This is the foundation of analyzing any investment deal, rental or not, and the end result should align with your goals – for example, a decent goal would be to hit a COC (cash on cash … Continue reading How to RUN NUMBERS for a real estate deal and when to pull the trigger…
I am a physician mom, with two lovely children who are my universe… But I’m also driven by this desire to keep them safe and build something that gives me the financial independence to spend more time with my family, that I can grow and pass on to my children… As a first generation immigrant, … Continue reading About me…
I find that the first question to ask oneself before venturing into something new is always “Why?”. Because if you understand the “why”, it keeps you pushing forward even when the going gets tough… A good “WHY” is to build something and pass it on to your kids so they can have a comfortable, risk-free … Continue reading WHY invest in real estate?