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☆ Insider Today: Financial freedom's reality
▼ + stars: | 2023-11-11 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +7 min

download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In today's big story, I'm exploring something equally mysterious to me: How people who have achieved financial freedom got there, and what their lifestyles are like. The big storyThe work behind financial freedomTyler Le/InsiderPassive income. The concept of financial freedom sounds like a dream come true. The Insider Today Saturday team: Diamond Naga Siu, senior reporter, in San Diego.

Persons: —, Tyler Le, Dion McNeeley, Brian Luebben, they've, Arantza Pena Popo, Heather Johnson, Brandon Timothy, Heather, Brandon, he's, Austria Cassandra De Pecol, who's, Zers, Gen Zers, I'm, Nolan Church, Nicole J, Van, Bean, Dunkin, Krispy, Eduardo Munoz, Samantha Lee, Chelsea Davis Spatchcocking, Naga Siu, Dan DeFrancesco, Hallam Bullock, Lisa Ryan Organizations: Service, YouTube, Airbus, Orlando International, Google, Doordash, Riverton, REUTERS Locations: Austria, Pakistan, Tunisia, Riverton , Wyoming, Texas, Van Groningen, San Diego, New York City, London

☆ From paycheck-to-paycheck to financially independent: 3 strategies successful real-estate investors who started with nothing used to build wealth
▼ + stars: | 2023-07-04 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Real-estate investing, if done correctly, can yield life-changing wealth. However, he was able to point to rental income generated from his home, which increased his total annual earnings and improved his debt-to-income ratio. He earns six-figure profits from rental income each year and was able to walk away from his day job in July 2022. The other unit was already filled with a tenant, meaning he immediately started earning $1,600 a month in rental income, he said. Ashley Hamilton bought foreclosures in cash using her tax returns and then built 7 income streamsHamilton, 36, owns 35 units in Detroit, Michigan and is financially independent from her rental income.

Persons: Dion McNeeley, McNeeley, , Mike Newton, Newton, Mike Newton Newton, you've, Ashley Hamilton, Ashley Hamilton Hamilton, didn't, Hamilton didn't, Hamilton, She's, I've Locations: Detroit, Washington, Seattle, Gary , Indiana, Chicago, Hamilton, Detroit , Michigan, Detroit —

☆ A real-estate investor who spent a year talking to former landlords who lost money and had to sell their properties says their one major mistake was refusing to raise rent. He shares the strategy he u
▼ + stars: | 2023-06-07 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

McNeeley's 'binder strategy' allows him to increase rent, while still maintaining happy tenants. 'The binder strategy': asking tenants to increase their own rentMcNeeley's "binder strategy" involves sitting down with his tenants, explaining what the average rent prices in the area are, and ultimately asking them to set a fair price. The first page of the binder features a picture of the property they're renting and the amount McNeeley paid for it. "The tenants asked for more than a $300 increase because it's still below the area average and they're still getting a deal," McNeeley said. Typically, McNeeley employs the binder strategy when he acquires a new property and then does a 5% rent increase every other year.

Persons: Dion McNeeley, McNeeley, that's, he'll, they're, It's, He's, he's, handymen, they'd, I've Organizations: McNeeley Locations: Tacoma , Washington, Washington, McNeeley's

☆ Big landlords are barreling towards a 'reckoning.' But smaller ones are doing just fine.
▼ + stars: | 2023-05-25 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +11 min

Some big landlords are starting to feel the squeeze of stalled rents and increased operating expenses. The main difference between 'big' and 'small' landlords: the financingA key difference between smaller, mom-and-pop landlords and larger landlords is how they're financing deals. While small landlords are typically purchasing single-family homes or multi-family properties like duplexes and triplexes, which you can finance with residential debt, big landlords are buying apartment buildings and have to use commercial debt. With a residential loan, you can typically get a fixed interest rate, which will not change over the lifetime of the loan. "One of the reasons I invest in four units or less is you get 30-year fixed rate debt," he said.

☆ A landlord and early retiree uses a strategy that involves asking his 16 tenants to raise their own rents. He explains how it resulted in a 20-28% increase last year and 'happy tenants.'
▼ + stars: | 2023-02-06 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

To run a sound real estate business, you have to raise rent prices over time, says one investor. When the eviction moratorium in Washington expired at the end of 2021, landlords who had been feeling the squeeze could start increasing rent prices again. Having happy tenants is important. At the end of the day, to run a successful business as a landlord, you have to increase rent over time. The key is to do it while simultaneously maintaining happy tenants.

☆ The US military is planning for a 'transformative' year in Asia as tensions with China continue to rise
▼ + stars: | 2022-12-27 | by ( Christopher Woody | ) www.businessinsider.com time to read: +8 min

Amid rising tensions with China, the US military has sought to bolster its presence in Asia. US forces there may see the "most transformative year" in a generation in 2023, a US official said. Major changes to the US military presence in Asia face logistical and political hurdles, however. Other countries have sought more training with the US military or, in the case of Palau, to host US forces. There are opportunities for the US "to expand its access and deepen relationships" in both Northeast and Southeast Asia, said Thompson, a former US Defense Department official, but US leaders will have to reckon with the limits of those partnerships, especially in Southeast Asia.

☆ 5 real-estate investing veterans share their wealth-building strategies heading into 2023, including how they're finding great deals and putting their cash to work
▼ + stars: | 2022-12-14 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +10 min

Others are focused on optimizing their current rental properties. Dana Bull is optimizing the rental properties she already ownsReal estate investor and consultant Dana Bull. Matt 'The Lumberjack Landlord' is bolstering his cash cushionNew Hampshire-based real estate investor Matt "The Lumberjack Landlord" and his family. Karina Mejia is poised to expand her portfolio and wants properties that will immediately cash flowReal estate investor Karina Mejia owns properties in Boston and Georgia. Mike Zuber is writing aggressive offers two times a weekReal estate investor Mike Zuber and his wife Olivia.

☆ How to earn more money and increase your income through side hustles, according to 5 early retirees and entrepreneurs who have done it
▼ + stars: | 2022-12-10 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +9 min

Insider spoke with entrepreneurs and early retirees about the lucrative side hustles they started. Below, Insider rounded up various side-hustle ideas from entrepreneurs and early retirees who found ways to diversify their income. Shan Shan Fu started selling face masks on Amazon and turned it into a robust e-commerce businessShan Shan Fu sells socks and tights (including the ones pictured) online. Courtesy of Shan Shan FuWhen the Covid-19 pandemic sent the US under lockdown in the spring of 2020, Shan Shan Fu had a lot of free time after work. She launched her e-commerce company, Millennials In Motion, in April 2020 and immediately started making money.

☆ A real-estate investor who sets aside $10,000 a month for his next investment property shares his 2-step process for finding great deals right now: 'Speed is not your friend'
▼ + stars: | 2022-12-06 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +4 min

Real estate investor Dion McNeeley has shifted his strategy when it comes to finding deals. "In the last couple of years there was a lot of demand and not a lot of supply," the 52-year-old real estate investor told Insider. Instead, investors should be looking for two specific things: First, watch "days on market," said McNeeley. McNeeley hasn't bought property since 2021, but he's ready to jump on the right deal when it comes along. "I've never invested in real estate waiting for something to happen in the market."

☆ A real-estate investor just walked away from a 6-figure day job and retired early thanks to his 16-unit portfolio. He says 4 strategies have prepared him to weather a recession.
▼ + stars: | 2022-12-03 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +5 min

Before Dion McNeeley quit his day job, he made sure he'd be prepared to weather a recession. So I'm saving around 10 grand a month to invest into future things that will add to the cash flow." Before McNeeley left his day job, which paid six-figures, he said, he made sure that his finances and investments were secure enough to weather a potential recession. In fact, he didn't feel comfortable quitting his day job until his rental income exceeded $16,000. When he quit his day job, he bumped that number up to $50,000.

☆ How to build wealth from real estate investing, according to 7 couples and individuals who have done it
▼ + stars: | 2022-09-23 | by ( Business Insider | ) www.businessinsider.com time to read: +10 min

With patience and the right strategies, real estate investing can be a path to financial freedom. Several people who have used real estate to build wealth told us how they got started. Insider spoke to individuals, including Zuber, who have used real estate as a tool to build long-term wealth. When he was in high school, "I found online that 90% of all millionaires became so through owning real estate." From that point on, he decided that real estate would one day be his path to wealth.

☆ A landlord who owns and manages 16 units shares 'the binder strategy' he uses to set rent prices — and it involves asking tenants to increase their own rent
▼ + stars: | 2022-03-29 | by ( Kathleen Elkins | ) www.businessinsider.com time to read: +7 min

His "binder strategy" involves including tenants in the conversation about their rent price. He educates tenants on area average rent prices and then asks them what they think they should pay. He calls it the "binder strategy," and it involves his tenants setting their own price. That's where his "binder strategy" comes into play. His tenants in both units were paying about $1,100, but the area average rents were closer to $1,600, he said.

☆ Detaliul bizar dintr-un video cu Mike Tyson din 1995. E dovada că e posibilă călătoria în timp?
▼ + stars: | 2020-11-12 | by ( ) www.ziarulnational.md time to read: +1 min

De aceea s-au găsit destule voci care să susţină că în clip apare o persoană care a călătorit înapoi în timp. Înregistrarea a fost făcută la meciul dintre Mike Tyson şi Peter McNeeley din Las Vegas, scrie go4it.ro. Primul telefon mobil cu cameră a fost lansat în magazine în Japonia în 2000. Mai mulţi oameni susţin că în clip apare o cameră FUJIX FS-30. Clipul a fost descoperit în 2013, iar în el apare o muncitoare dintr-o fabrică din statul american Massachusetts care iese de la lucru, cândva în anii ’30.

Persons: Mike Tyson, Peter McNeeley Locations: Las Vegas, Japonia, american Massachusetts

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