Stories

Getting a Rental Without Perfect Credit

If you have less than perfect credit, or no credit, you might have no doubt questions or concerns about being approved for a rental home. While it won’t be easy, there are some things you can do to help improve your odds.  What it boils down to is: Setting your landlord at ease. The landlord…
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What is the Debt Snowball Method

There are many ways to pay down debt, but by far my most favorite way to do it is by using the snowball method. No, it doesn’t involve any real snowballs (Wouldn’t that be fun!), but rather, it requires that you create a list of all your debts in order of the balance, and work…
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Five Things to Look out for when Hiring an Investment Advisor

Maybe not everyone knows that the relationship between investment advisors and their clients is all based on trust. And trust is something that requires time to be given.  They say it’s not easy to find a trustworthy investment advisor, and I do agree with that: I am a professional investment advisor and I work hard…
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Design Thinking: Income & Cash Flow

As promised in our What We Want for you in 2019 article, we are jacked about design thinking this year, and how you can use it to optimize your life and your finances to create the life that you didn’t know you always wanted. This month, we are applying this thinking process to cash flow planning. Cash flow planning,…
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Obtaining a Mortgage for a Rental Property

You might have considered increasing your passive income by purchasing a rental property.  This really can be an excellent “side hustle” and provide a significant to your bottom line, over time.   Obtaining a mortgage on an investment / rental property is very similar to what I wrote in Getting Organized for your First Mortgage with…
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5 Easy Ways to Pay Down Debt

No one likes debt, especially bad debt. While paying it down can be a struggle, here are 5 easy ways to pay down debt that are sure to kick start your goal Balance transfer to a 0% card.  For example, the Barclaycard Ring Mastercard offers $0 annual fee, and 0% APR for 15 months. Then…
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How to Save Money When You have a Low Income

Saving money is something that everyone seemingly wants to do, but often have much difficulty accomplishing. When I look back at everyone I’ve worked with, I see that income itself has very little do with savings rates.  In fact, I’ve said many times “It doesn’t matter if you make $50,000 or $150,000 a year, unless…
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Common Types Of Retirement Accounts in the US

The thought of starting your retirement plan might seem daunting, but really, it’s not much different than planning a family vacation- in fact it can be as easy as putting together a grocery list. In my experience, folks tend to put off retirement plans as they think there are more (immediate) pressing things to think…
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Internet M&A: Two very different “7 times annual EBITDA” company valuation multiple scenarios

Once many IT industry company valuations have past their peak it is difficult for many business owners to extract more value from their company than the declining industry valuation multiple is taking away … so if you are going to sell your Internet service company, it is better to be too early than too late.…
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It’s nice to meet you … but you’re an outsider.

When I am selling an Internet service company most of my marketing efforts are proactive. I reach out to 100’s of prospective buyers and investors who are already in the industry, or a closely related one. In addition, I am approached by prospective buyers wanting to look at my sellside client’s company. My first glance…
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