The Collision of Retirement Planning and Asset Diversification
In between the beginning of a career and retirement, there are many smaller events like job and employer changes, as well as career changes. However, through all of this, nearly everyone is trading their time and labor for compensation. During this time, it is extremely important to continually be in the process of building assets, leveraging your earning ability to increase your value as an employee, and making smart investments in areas that will yield value in the future. Investments in yourself during the earning years will pay large dividends in higher levels of compensation in the future.
Airbnb and VRBO --- Why have so many investors flocked to Short Term Rentals?
Airbnb and VRBO have become synonymous with innovative real estate investors. While there are positives and negatives to their impact on communities, real estate development ideas, and growth patterns, this movement is impossible to ignore. Airbnb burst onto the public markets in late 2020, in a year marked with wild swings of the stock market and economic uncertainty. However, their stock surged and has not shown any signs of slowing.
Why Financial Planning for Real Estate Investors?
As a real estate investor, you are responsible for the product, you are responsible for repairing the houses, finding tenants, and addressing ongoing issues. However, at the end of the day, real estate is a great business, especially if you start young and slowly build.