article thumbnail

Types of Investors

Prairie Eco-Thrifter

His idea was to buy some land, a bit outside his own area and develop it into an estate type community – homes with acreage. This man works for a family firm that deals in real estate and has some connections to people who have done development, but has no experience himself. Real estate investors.

article thumbnail

The Cost of Doing Nothing

Prairie Eco-Thrifter

There is also a cost of doing nothing in our personal financial lives. Do nothing to maintain your stuff. If you neglect routine maintenance on your assets (real estate, belongings, etc) they may end up damaged, worth less or gone. Do it yourself, or fork out the $15 – $25 it takes every 6 months or so.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. Our accountant charges a lot to do our taxes. It is not a do-it-yourself type of tax return. Diversify our investment holdings. We only own one home, no land, no rentals. Generate an income stream.

Vacation 124
article thumbnail

Carnival of Financial Planning – Money Management Edition #231

Prairie Eco-Thrifter

Real Estate. FamilyMoneyValues presents Real Estate Business Opportunities posted at Family Money Values , saying, “Have you ever wished for a way to dip your toes into the real estate arena without totaling committing your body and soul to it? There may be a few ways to do that… Retirement.

Money 133
article thumbnail

Carnival of Financial Planning – Money Management Edition #241 – June 15, 2012

Prairie Eco-Thrifter

” Sally presents Risk and returns posted at Do-It-Yourself Finance , saying, ” More conservative portfolio investments have yielded substantially lower investment returns than the returns that riskier investments have delivered.

Money 124