Let’s start off with the famous quote from Rocketfeller, “The secret to success is to own nothing, but control everything.“ What does that actually mean and how does that apply in today’s society? First off, the disclaimer, we are not a law firm and we do not provide any legal advice. What we blog is…
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A Fresh Grad Guide to MultiFamily Investing
If you are about to get out of college, like most of your friends, your primary goal is to look for a job. You are thinking to yourself, not only you are now graduating from college, but also you are graduating from $1 fast food burgers and moving into hi-end steak house that you can…
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Work When You Want To
It was Veteran’s Day weekend last few days, although it was not a “major” holiday, most companies (except banks) actually requested employees to report to work, but part of the perk for being a real estate investor (a.k.a. DoorInvestor) is that I can work when I want to, not because I have to. This is…
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Vivid Vision as a Business Plan
As a real estate investor, you are essentially running a business. Most entrepreneurs who own business will say that having a good business plan will increase your chance of succeeding in your business adventure. We certainly agree with that statement, but here is more: Learning from Cameron Herold, the author of Vivid Vision: A Remarkable…
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Rich Dad’s Financial Lessons from a Cow
We recently came across an article written by Robert Kiyosaki, titled “Financial Lessons from a Cow.” It is very insightful (as always) and we would like to share the article with all of our readers at DoorInvestor. Instead of paraphrasing though, we are simply attaching the entire content in its original format, with credit to…
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Real Estate is I.D.E.A.L.
Have you ever heard that real estate is the ideal way to invest? Of course, “ideal” is just the catchy phrase but the 5 key concepts that it represents behind the word is very powerful and legitimate. Let’s dive into it: I – Income D – Depreciation E – Equity A – Appreciation L –…
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The Review of Rich Dad’s Guide to Investing
Rich Dad’s Guide to Investing is the third book in the opening series of Rich Dad, Poor Dad. This third book gets a little longer and a little more technical. At DoorInvestor, we feel that if you can read through these first 3 books from Rich Dad, you definitely have done your part and you…
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CoC ROI – Cash on Cash Return on Investment
When I first came up with the idea of blogging around CoC ROI, or Cash on Cash Return on Investment, I was more thinking from a traditional, document what this means kind of angle. But recently, I read an article which tries to disrupt the traditional thinking and I would like to make an attempt…
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Morning S.A.V.E.R.S., Part 3
I have started on this topic of Morning S.A.V.E.R.S. first with an overview here, and then gave some examples on how I practice the first 3 items with the Part 2 blog post here. To wrap up this topic, I shall continue to present on how I practice the remaining 3 in this post post.…
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Passive Income vs. Active Income
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…