One of major reasons why anyone would be interested in investing in real estate is for the passive income. Even though a lot of money think “money is money is money is money,” the way you earn that money dictates whether it is considered passive income or active income. Active Income Active Income is defined…
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FIRE, Part 2 – Financial Independence with Real Estate
We talked about FIRE as in Financial Independence, Retire Early in a previous blog post (that you can read here). But when it comes to the term of “FIRE,” we also have a slightly different, but playful interpretation of what it means. At DoorInvestor, FIRE also means Financial Independence with Real Estate. It is quite…
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FIRE – Financial Independence, Retire Early
People often have a negative impression when it comes to the concept of “retirement.” Some may say, “it will be so boring when you do nothing at home;” other may say, “we should be productive to this world and not waste our talents.” I do not disagree with all these statements, but at the same…
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The Review of Rich Dad, Poor Dad
It is not our intention to provide an extensive book review on the famous personal finance book, “Rich Dad, Poor Dad”, here. Rather, we are trying to extract several key concepts out from our reading, that we deemed extremely valuable and applicable to us, and then share with you, our readers. Pay Yourself First Rich…