Make an Extra $100 Month

How to make an extra $100 a Month. Do you want to make $100 a month in dividends? Let me show you how much money you need to get there.

Let’s take Coca-Cola for example – they pay out 2.76% dividends on their stock. To make $100 a month from their dividends, we need to divide by the yield.

This means you’ll need to invest $44,000 worth of Coca-Cola shares to get $100 in monthly dividends. Alternatively, you could use that $44,000 as a 5% down payment on a multifamily real estate investment, which could be worth up to $880K.

With real estate, you get to enjoy the benefits of appreciation, tax breaks, and tenants paying down your mortgage. Plus, your cash flow will be much higher than with dividend investing. So, choose your investment strategy wisely and watch your wealth grow.

Make an Extra $100 Month Investing.

Follow for investing strategies. Get $50 in shares free at Fundrise! And achieve similar results for your portfolio. https://fundrise.com/r/9j9yx

If you have questions about Passive Income. Then you should reach out so we can have a quick call to see if investing in Short, Mid or Long term rentals can help you reach your goals. Text or call (208) 699-5782 and for scheduling a discovery call you can choose a time from my calendar here.

This is straight from my Youtube channel for investing. Give me a follow there specifically for Real estate investing advice and strategies. For information more local to North Idaho then check out my Idaho Channel. Where I break down are market specifically and give tips for home buyers and sellers looking to make their move in North Idaho. Follow that Channel Here.

Similar Post: Easiest Path to Real Estate Wealth?

Passive Income with Recycled Money

How to achieve Passive Income with Recycled Money. Let’s keep this simple. say you find a house for one hundred thousand and you put down twenty Thousand. You then invest another $20,000 to fix it up and add value to the property.

Overtime that property appreciates and is now worth $200,000.
It’s time to cash in on your investment. You do a cash out refinance, pull out 70% of the value, which in this case is $140,000. The best part – this money is tax-free! That means you only put in forty thousand and now you can recycle that money to invest in another property.

By leveraging the power of appreciation and smart financing strategies, you can turn a small investment into a large sum of money. It really is that simple and you can repeat this strategy indefinitely.

Passive Income investing solutions.

Follow for investing strategies. Get $50 in shares free at Fundrise! And achieve similar results for your portfolio. https://fundrise.com/r/9j9yx

Similar Post: Easiest Path to Real Estate Wealth?

Easiest Path to Real Estate Wealth

This is the Easiest Path to Real Estate Wealth. You don’t have to go big or buy large multifamily complexes to become wealthy. You can literally become a millionaire with just one house a year. Just buy one house a year for 5 or 10 years and you’re set.

They don’t even have to be the greatest houses either. All you need is a steady income and you could pay fair market value for them. And over time, you’ll do well as long as you ensure positive cash flow.

So don’t wait, start small and watch your wealth grow. Get on my calendar for a free consultation and to discover the Easiest Path to Real Estate Wealth for you.

Real Estate investing solutions.

Follow for investing strategies. Get $50 in shares free at Fundrise! And achieve similar results for your portfolio. https://fundrise.com/r/9j9yx

If you have questions about Stocks vs Real Estate. Then you should reach out so we can have a quick call to see if investing in Short, Mid or Long term rentals can help you reach your goals. Text or call (208) 699-5782 and for scheduling a discovery call you can choose a time from my calendar here.

Stocks Vs Real Estate

Stocks Vs Real Estate? In general, if your net worth is under $1 million, then you should start with a house. Here’s why.

Let’s say you buy a $500,000 house with a 3.5% down payment and covered closing costs, which comes to a total of $17,500. Alternatively, you could invest that same $17,500 in stocks and rent a place to live, but you’ll have to balance your cost of living.

Now, let’s assume you tripled your $17,500 in the stock market in seven years, and your house only went up by 4% per year. It may seem like stocks are the better option, but that’s where you’re wrong. After seven years, your house would be worth $658,000, and you would only have a loan of $432,500 because you’ve been paying it off every month. This means that instead of paying off your landlord’s mortgage, you’ve been paying off your own.

Year seven comes around and you sell the stocks, you’ve made $52,500. But with your house, you have $225,500 left, which is more than 12.8 times your original investment. Plus, when you sell stocks, you have to pay taxes on capital gains, whereas with real estate, you may not have to.

Follow for More!

Follow for investing strategies. Get $50 in shares free at Fundrise! And achieve similar results for your portfolio. https://fundrise.com/r/9j9yx

Similar Post: Saving Money 2023? Read this first?

Passive Income While You Sleep

I’m gonna show you an easy way to make passive income while you are sleep investing in real estate with a little money down go to fundrise.com deposit money get passive income return projects just like this like the video for more Follow for investing strategies. The returns from Fundrise have been great for my family. Get $50 in shares free at Fundrise! And achieve similar results for your portfolio. https://fundrise.com/r/9j9yx

If you are interested in making passive income while you sleep then you should reach out so we can have a quick call to see if investing in Short, Mid or Long term rentals can help you reach your goals. Text or call (208) 699-5782 and for scheduling a discovery call you can choose a time from my calendar here.

This is straight from my Youtube channel for investing. Give me a follow there specifically for Real estate investing advice and strategies. For information more local to North Idaho then check out my Idaho Channel where I break down are market specifically and give tips for home buyers and sellers looking to make their move in North Idaho. Follow that Channel Here.

Similar Post: Saving Money 2023? Read this first?

Saving Money 2023? Read this first

Saving Money 2023? Why would I save money when they print money? Do you know why they tell you to save money? Because of the banking system, when you save one dollar, the fractional reserve bank can lend out your money 10 times. Everytime they do that the value of your dollar becomes worth, less, worthless. Don’t let your money die in a savings account. Follow for investing strategies.

If you are saving money in 2023 and have a large chunk set aside then you should reach out so we can have a quick call to see if investing in Short, Mid or Long term rentals can help you reach your goals. Text or call (208) 699-5782 and for scheduling a discovery call you can choose a time from my calendar here.

This is straight from my Youtube channel for investing. Give me a follow there specifically for Real estate investing advice and strategies. For information more local to North Idaho then check out my Idaho Channel where I break down are market specifically and give tips for home buyers and sellers looking to make their move in North Idaho. Follow that Channel Here.

Can you Buy Real Estate without Being Rich?

A common misconception is that you need a lot of money to create a real estate portfolio. So Can you Buy Real Estate without Being Rich? Let me tell you, there’s a secret hack to doing this with very limited funds. I’ve seen countless clients do it before and succeed. All you need is a 5% down. You live in that property for a year, and then you qualify to buy another primary home. Here’s the trick though, you turn that first home into a rental property and repeat the process with another 5% down payment each time. That’s how you can build up multiple rental properties without breaking the bank Follow for More Ideas!

Previous Investment Article

If you want to buy your first property or another one. Then reach out to me so that I can advise you on your next purchase. Give me a call or text (208) 699-5782. Or get on my calendar http://calendly.com/ryansellshomes for a 30 min discovery call and to strategize how to help you achieve your goals. Don’t go this alone. Investing in Real Estate can be easy with the right steps taken to prevent the mistakes. I look forward to meeting you and seeing if the 5% strategy is right for you and your family.

Can you Buy Real Estate without Being Rich?

Union Coffee Hayden: Local Favorites

Union Coffee Hayden and Coeur d’Alene are not only some of the best coffee shops, but our favorite. We love their waffles and pastries and the kids enjoy the hot chocolate. It’s a great coffee shop with friendly staff and they always provide a great experience. It’s the perfect Hayden meeting place to get together with friends, family and clients for coffee.

Union Coffee Hayden Location and Hours

Address: 2007 W Tea Olive Ln STE 103, Coeur d’Alene, ID 83815

Hours: Monday – Friday 6AM – 5PM Saturday 7AM – 5 PM Sunday 7AM – 3PM

“Locally owned coffee roaster serving craft coffee, in-house baked pastries, imported Belgian Liege waffles. And now featuring beer and wine. Everything we do is deliciously crafted “For the People”

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Home Equity Explained

So you want to know what home equity can do for you. When you purchase your home you start paying on your mortgage balance. As you do this and the value of your home goes up you build equity. That’s the difference between your home value and the amount you owe on your mortgage.

That amount of equity can be used then for several really cool strategies to expedite your retirement plan or make your life more comfortable.

Automatic Millionaire Home Equity

Here’s how to be an automatic millionaire from David Bach’s book. You take a portion of your equity and buy another home and rent out your other home. Fantastic option for growing your wealth over the long term. Or similarly you can stay in your home and buy an investment property.

Hello vacation home and short term rental income. Be careful though some cities are limiting Airbnb’s so call me first to avoid issues around that. Not a strategy I suggest but you can take it out to invest in other assets like Crypto, Stocks and precious metals.

Another use of equity can be to eliminate other debts. If you have high interest Credit cards, car loans or student loans then absolutely you should look at getting rid of those. Trust me I’m using this strategy and it’s a great option going into a recession.

The last option is to use your equity to make life comfortable. You can sell and purchase a larger, smaller or better suiting home for your needs. Use it for home improvements, to add more livable space, renovations or adding solar panels.

And lastly you can also blow that money on retirement, vacations and other large purchases. In a way your Equity is the equivalent of a long term 20 year, 30 year savings account that you pay into monthly at a fixed rate. This is your money and if done right you can use a home equity line of credit or cash out refinance to pull that money out tax free for your use.

Got questions? Reach out and we can discuss your options. Also sign up for my free tool to track and see options in real time.

Homebot Home Equity Tracking

So you want to know what home equity can do for you. When you purchase your home you start paying on your mortgage balance.

February 2023 Market Update!

General Market Update

Here is your February 2023 Market update for the Coeur d’Alene MLS. I could spit out all the data about the housing market and this would be quite boring, so let’s focus on just a few interesting changes that I think might have the biggest effects on you and your Home Equity in 2023

Everyone knows housing inventory and months of supply have doubled. Days on market are up almost 6%, Closed sales are down significantly. And yes we are trending towards a buyers market. However, what I want to talk about is the H. A. I. (Housing Affordability Index.) You might ask what the heck is the Housing affordability index?

Housing Affordability Index

It’s a measure of what a family with a median income can afford. If 100% value then the average family can afford the median priced home. Anything less signifies that it will be harder for a family to purchase. Also, anything more signifies a market that average incomes can afford most housing with ease.

So looking at Kootenai County from last year we dropped from an unimpressive number of 88 down to a 69. This is a 21.6% drop. Meaning that to buy in the February 2023 market you need to be making 131% or more of the average salary. Or you need to have a substantial down payment. Now you can see why I think this is the number to focus on this year. If we continue to trend this way then home ownership will be harder to attain.

Market moving forward

Eventually we will see a combination of several changes to combat this. Interest rates will have to drop. Prices, which by the way just passed January’s ascent of last year on its way down this year, should still come down further. Buyers will have to have more cash down and Sellers will have to offer more concessions. And incomes really need to trend upwards.

This is your Coeur d’Alene market update for February 2023. If you want to know how this applies to you then call me (208) 699-5782.