Revving up for Real Estate
In the beginning….
Aunty initially began this info/website because of real estate investing. After spending thousands of dollars on workshops, some excellent, some mediocre, we took the plunge and began to purchase real estate in Las Vegas. Why Vegas? Because it was on sale at the time.
We used a legal team that was savvy, proficient, and trustworthy. We found the best real estate agent who understood investing. We had cash flow because of good tenants.
Good tenants are like golden eggs. They are wonderful and valuable. However, for the most part, they are also stuck. Stuck in the rat race, living from paycheck to paycheck, not having additional sources of income, not knowing what can be possible. Aunty wanted to give each of them the “Rich Dad, Poor Dad” book by Robert Kiyosaki, or write up a little brochure so they could begin to get a handle on their situation. The little brochure was begun, but soon ditched because there was just too much information to share, and printing it all out would be cumbersome, and perhaps, unread.
With #1 Son home for the summer, HonoluluAunty.com (started as a .info site) was born as a means to publish knowledge. Everyday, Aunty reads investment, financial, personal development newsletters. There are some gloom and doomers, some Pollyannas, and some really down to earth practical bloggers out there. From all of these, golden nuggets of information and techniques can be found, and Aunty shares them here in one way or another.
Here is a golden nugget that came into Aunty’s webmail today, regarding joint venture investing. This is a great way to invest if 1) you have money, 2) you know people with money, or 3) you don’t have money but you have good credit (perfect for people who are renters). Mahalo to Julie Broad of Rev N You, a Canadian based real estate investor that often times has strategies that can work for people who are willing to work together.