Insurance on your rental unit is pretty much non-negotiable. But what type of insurance? A regular homeowners insurance policy? Did you know there is actually something called landlord insurance? This type of insurance protects your income-producing property from damage or destruction. It also safeguards you from being sued by tenants. Let’s talk about Steadily Landlord Insurance. They are pretty much the only company … [Read more...]
Fortunately Review 2022 | Build a Solid Financial Plan for $5
I didn't really develop a full-fledged financial plan until I was well into my 30s. I waited too long. Many people avoid getting help with financial planning despite its importance because it seems complicated or overwhelming. This is the issue that "Fortunately," the financial planning software, tries to address. Fortunately is a platform that tries to "keep your financial future on-course, despite life’s unpredictability". … [Read more...]
Avail Review 2022 | Best for New Landlords?
I use Avail to manage my two rental units. Here's my full review... Rental properties are a great passive income source. Not many will disagree with that. Leasing out units is a fairly low-effort side hustle that can scale as you wish. If you’re after passive income, like me, chances are you’ve considered investing in real estate. But not everyone pushes through. Oftentimes, the issue people have with owning rental property … [Read more...]
Neighbor.com App Review for Hosts
Giving every dollar a job and passive income from rent... These are two ideas Neighbor mashes together. The message is simple: use what you already have to your advantage. In the case of Neighbor, it’s giving every space of your home a job. Why? Because as much as compound interests add up over time, wasted and missed opportunities do, too. Neighbor.com lets you maximize opportunity and passive income. It operates in a space … [Read more...]
How to Become an Accountability Coach [In 3 Easy Steps]
Want to become an accountability coach but aren't sure where to begin? It's simple to get started, and I'll walk you through the process step by step. So, if you have a genuine desire to help other people make positive changes in their lives, you've come to the right place. To become an accountability coach, you can follow this three-step plan: choose a specialty that sets you apart from the competition, demonstrate your … [Read more...]
The Best Retirement Calculators 2022 | Can You Retire Early?
You’re looking for the best retirement calculator to help you plan your retirement with confidence, right? Luckily, we’ve spent hours looking into the best ones available today and we’re back to share what we found. Some calculators are old and janky web 1.0 projects. Some are simply loss leaders for a brand to sell you something. We’ll help cut through the mess and show you the best retirement calculators available today. We ran … [Read more...]
TurboTax Review 2022 | Still the #1 Tax Software?
In this TurboTax Review you'll see that it is one of the most popular tax preparation software programs out there, and for very good reason. It offers a step-by-step process for preparing your taxes so you can rest assured that every I is dotted, every T is crossed, and every eligible deduction is taken. They take care of yearly tax updates, making sure that their customers comply with the confusing and constantly changing tax … [Read more...]
How to Start a Business with No Money in 2022
Want to improve your finances by adding more income to the mix? Start a business. Here's how to start a business with no money. Maybe you have no money to use for a fledgling business. Do you think you need small business loans to kick things off? BS! Sure, there are some types of businesses where full ownership will be limited if you can't come up with your own capital to fund things (e.g. a franchise). However, plenty of … [Read more...]
Lending Club Tailored Checking Account for Business [2022 Review]
Lending Club isn’t doing peer-to-peer lending anymore, but they are still doing banking. They purchased Radius Bank and have rebranded all of their products. Today we will review their business checking account, the Lending Club Tailored Checking account for business owners. Lending Club Bank's Tailored Checking Account for small business earns just 0.1% interest plus 1% cash back on purchases made on the debit card. To qualify … [Read more...]
How to Buy an NFT [Exactly What I Bought and How]
If you're like me, you spent several months hearing the word NFT (which stands for Non-Fungible Token) and letting it go in one ear and out the other. Nope, not for me. I'm too busy building my businesses and playing golf to be concerned with such nerdiness. Plus, I don't need more stuff in my life. Aren't NFTs just a way to clutter up your digital life? Then I discovered there was an NFT related to golf (my current … [Read more...]
6 Ways to Invest in Real Estate ($10-$100,000)
[PT's note: This comprehensive article was contributed by Eric Bowlin from realestateinvesting.org. I first heard Eric on this Bigger Pockets episode. He lives here in Texas with me now and we regularly get together for lunch and talk real estate and business. Here's Eric....] It’s remarkable to see how real estate investing can create so much wealth. You see it everywhere--TV, the web, or your friend who randomly decided to flip a … [Read more...]
17 Ways to Rent Out Your Stuff for Extra Money
If you're like me, you probably own plenty of things that you only use every once in a while. Whether you've got an empty bedroom, a collection of cocktail dresses, assorted athletic equipment, or a car that you only drive once or twice a week, you could be putting your stuff to work for you. Renting your stuff is a great way to make extra money. Renting out your stuff is a no-muss, no-fuss way of earning some part-time money … [Read more...]
10 Smart Ways to Spend Your Tax Refund
The April tax deadline will be here before you know it. Since you aren't living on this money on a day-to-day basis, this windfall can be used to better your situation. Your tax refund can be put to good use in reaching your financial goals. Some wise ways to utilize your tax refund include building up your emergency fund, getting out of debt, or saving towards your future. Here are 10 ways to put your tax return to good … [Read more...]
The Best Passive Income Ideas That Actually Work
If you're like me you're always in search of the best passive income ideas. Honestly, though, passive income sounds a little bit like a leprechaun: a mythical creature that provides you with money without you having to work for it. But passive income--otherwise known as residual income or investment income--is the real deal, unlike magical bearded men with pots of gold. I have several passive income streams going on in my own life … [Read more...]
The Best Bill Negotiation Services for Business Owners
Don't want to go through the effort of changing cell phone companies to get a better deal? Still want to save a few bucks? You may want to consider using a bill negotiation service to reduce your business and personal expenses. They'll negotiate your bill for you, saving you hassle and money. Below, we compare a few of the most popular bill negotiation services available today. 1. BillFixers Most bill negotiation services use the same basic business model. … [Read more...]
