Tag: Real estate
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What would You do with $1,000,000
Have you ever imagined what you would do if you suddenly had one million dollars in your bank account? One of the first milestones in financial achievement is reaching one million dollars. Although inflation has diminished its value over time, it remains a significant sum. It’s not just about the money—it’s about the security, freedom,…
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Ryan Serhant, from drama student to real estate millionaire
Ryan Serhant is one of the most successful and well-known real estate brokers in the world. He was a theater student who waited tables to pay his rent. Out of desperation he turned to real estate. He currently stars on the TV series Million Dollar Listing New York Through a combination of hard work, personal charm, and…
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We have to stop exchanging time for money
If we don’t work hard to break free from the trap of exchanging time for money, five years later, we will find ourselves in the same position, blaming the government, blaming society, blaming capitalism, but still poor. We can only stop being poor when we look ourselves in the mirror and say, “I take full…
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Should You Invest In Real Estate?
in Real EstateOne of the most common investments that people make is buying their own residence. If the amount that you would pay in rent and the amount that you would pay in the mortgage is about the same, and if you are planning to stay at the same place for more than 5 years, then buying…
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I am a landlord, I am happy my tenant was able to pay the rent
I am a landlord and I am so happy I survived Covid. I was afraid that my tenant was not going to pay the rent, I would be stuck paying municipal taxes, insurance, condos fees, school taxes, maintenance, and the mortgage without having any revenue from my property to pay for all those expenses. Tenants…
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Rents are going up. Don’t blame the landlord, blame the city
The real estate market, like most markets, works on supply and demand. If there is more demand than supply, prices go up; if there is more supply than demand, prices go down. There is no legislation that can change the laws of economics, the law of supply and demand. There is no global conspiracy of…