5 dividend stocks with Record HIGH dividend yields above 5% 1. $VZ - Verizon

Stock down: -40% (lowest in a decade)
Dividend yield: 7.17% (highest in 2 decades)
Payout ratio: >50% (safe dividend)

I bought 4 properties in 2021

This duplex was the second of the 4

I'll share with you all the numbers of this deal including total costs, mortgage payments and how much it is cash flowing now

Let's dig in I got this deal off market

I was buying the duplex next door & the listing agent mentioned that the owner of this duplex wanted to sell, didn't want to list it on the MLS & wanted to close asap

I offered 2 hours later & he accepted right away

Do you want to open an IRA account but not sure which brokerage to choose?

Here are my Top 5 accounts

(I've used them all, #1 is my favorite) 1. Fidelity - Best overall

The platform is perfect for
- Index/ETF investing
- Buying individual stocks & bonds
- Buying options and puts
- Tracking portfolio

I have both a Roth & Traditional IRA

I also have an individual (non-retirement) accounts

Renovating a new rental property doesn't have to break the bank.

I'll share with you exactly how I renovated one of my properties
•Work we did vs hiring contractors
•Before and after photos
•How much we spent

Let me break it down for you I bought this duplex March 2021 for $195,000 cash

Tenants were paying $900 (way under market rent)

It looked like it was in terrible condition but wasn't actually that bad

It needed renovating but not a full rehab

Here's what we did

I bought 4 properties in 2021.

This duplex was the first of the 4.

I'll share with you all the numbers of this deal including total costs, mortgage payments and how much it is cash flowing now.

Let's dig in: I found this duplex on the MLS

Purchase price: $195,000
Rent: $900 per side ($1,800 total)

We purchased with cash & planned to refinance within 6 weeks

And yes you can do a cash out refinance BEFORE the 6 month 'seasoning' period

More on that later

Real estate investors often talk about how many properties they own

But don’t tell you how they do it

Here’s the story of exactly how I bought 4 rental properties in 2021 At the start of 2021, I had two rental properties - both single family homes

I had used a HELOC on my residence to purchase both of them

At first my husband and I planned on slowly buying rentals with our HELOC, maybe one or two a year

Here's my first rental below

"There are no houses for under $100,000"

I get that message a lot.

You may live in an expensive market, but there are a lot of cities across the US that have cheap real estate w/ decent rent prices

Here are 10 cities with houses at $100,000 or less To keep the comparisons fair & honest

Here are the rules I followed:

*Single family homes
*B- or C class neighborhoods
*Rent ready condition up to $5,000 to prep (no falling down properties)
*Found all on Zillow (the MLS - no off-market deals)
*Avg rents from rentometer

Choosing the right tenant can make or break your real estate business

5 tips for choosing the best tenants When buying a rental property, think of your tenants as a partner

Landlords should provide a clean, safe & well-maintained home

Tenants should pay rent on time & keep the home nice

This creates a win-win situation

So how do you find great tenants?

10 threads that will teach you more about personal finance than any finance degree: 1/ The Millennial Money Woman @The_MMW

Lesson: Start with the right money mindset

https://twitter.com/The_MMW/status/1500493927329243136?s=20&t=LHdZ9GLJrqiTLRkXj5vSLQ

Running a real estate business can be hard.

With the right tools you can make it 10x easier.

Here are 7 (free) apps I use everyday: 1/ Zillow - For all things real estate

Zillow has the best real estate database & is the easiest app to use

I look at @zillow daily to
- source leads
- estimate rent prices
- track what is for sale & the price

I set alerts for specific property criteria so I don't miss deals

Depreciation is one of the biggest reasons why the rich buy real estate

Let me break down exactly what it is and why: First, let's define 'depreciation' in general terms

It is the decline in the value of an asset over time

Example:

The moment you drive a new car off the lot, it depreciates in value. (Try to sell it the next day & it will be worth less money)

Depreciation implies loss