The Book on Rental Property Investing (Denver, CO: BiggerPockets Publishing, LLC, 2015)
The Book on Rental Property Investing, written by real estate investor and co-host of the BiggerPockets Podcast Brandon Turner, contains nearly 400 pages of in-depth advice and strategies for building wealth through rental properties. You’ll learn how to build an achievable plan, find incredible deals, pay for your rentals, and much, more more! Real estate investing will never again be the same!
If you’ve ever thought of using rental properties to build wealth or obtain financial freedom, this book is a “must-read.”
As of this writing, major U.S. stock market indexes are at or near record highs. This bullish run might continue…or it may come to an end with a significant correction. Below are several strategies to consider. Stay the course Many investors prefer to keep their current stock market positions. For nearly a century, every stock […]
Don’t look now, but things are beginning to look up for the oil and gas industry. The timing couldn’t be better, as Shreveport-Bossier (SB) is badly in need of a spark to stimulate the seemingly stagnant economy. Unfortunately, it is not likely a coincidence that SB’s recent economic slump occurred during an almost identical period in which national oil and gas markets were pummeled. To the contrary, Shreveport-Bossier’s […]
In April 2016, the U.S. Department of Labor (DOL) issued final rules on conflicts of interest among investment advisors of retirement accounts. Under the new rules, investment advisors must adhere to a stricter standard (i.e., the “fiduciary standard”) of performance with respect to assets held in qualified retirement plans. The “fiduciary standard” requires advisors who are registered with the SEC […]
My wife, Tiffany, and I started in investing in real estate in 2010. On November 8, 2012, we formed Wright Holdings of Shreveport, L.L.C. (WHS) to manage several investment properties located in Caddo Parish. Beginning with a single property, Tiffany and I have steadily grown the company to include two residential properties and a commercial-unit office space. […]
My third edition of the “Financial Tip of the Month” was published in BIZ.Magazine’s June 2016 issue. Here is a link to the online copy.
||June 1, 2016
||Rental Tax Advice
With the filing season for 2015 tax returns well under way, you should be receiving the various documents needed to prepare your annual returns. I have provided a list of forms commonly used to report the income and deductions on your individual income tax returns. The due date for receiving these documents, and the date […]
August 2015 was a brutal month for stocks. There were constant reports that the Dow Jones Industrial Average (DJIA) was down hundreds of points for the day, even down by 1,000 points during one session. Historically, August 2015 was the worst month for the DJIA since May 2010, and it was the worst month for […]
Financial advisors often warn clients that they should not try to time the stock market. Indeed, research indicates that individuals tend to buy when stocks are going up and sell when stocks have gone down: a buy-high and sell-low approach that reduces long-term returns. Conversely, some investment professionals advise clients to implement a strategy known as […]