by G. Brian Davis | Last updated Jul 26, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture On the Rule of 72 in Investing: The Rule of 72 is a simple formula to estimate how long it takes an investment to double: Years to double = 72 / rate of return. Variations like the Rule of 70 or 69.3 can be used for more accuracy at different return...
by G. Brian Davis | Last updated Jul 23, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture On Improving Your Money Mindset: Success requires not just setting goals but creating detailed plans and routines to achieve them. Systematizing behaviors leads to consistent progress and tangible results. Actively practicing gratitude and maintaining...
by G. Brian Davis | Last updated Jul 17, 2024 | Active Real Estate Investing, Personal Finance, Spark Blog |
The Big Picture on Becoming a Real Estate Millionaire Within 5 Years: Decide if you want to actively manage properties or invest passively through platforms like real estate crowdfunding and syndications. Implement techniques like the BRRRR method so you can...
by G. Brian Davis | Last updated Jul 15, 2024 | Active Real Estate Investing, Airbnb & Short-Term Rentals, Personal Finance, Spark Blog |
The Big Picture On Getting A Real Estate Side Hustle: Many real estate side hustles, such as bird-dogging and rental arbitrage, require minimal upfront investment, making them accessible to beginners. Engaging in these side hustles helps develop valuable skills such...
by G. Brian Davis | Last updated Jul 10, 2024 | FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on How Much To Save To Retire Quickly: Your savings rate and living expenses significantly influence how much you need to save for retirement. Lowering living expenses both boosts your savings rate and decreases your required nest egg. Focus on the...
by G. Brian Davis | Last updated Jul 9, 2024 | Active Real Estate Investing, FIRE, Fun & Travel, Personal Finance, Spark Blog |
The Big Picture on FIRE from Real Estate: Setting a specific target date for achieving FIRE through real estate can help keep you focused and motivated. The rate at which you save and invest your income is critical to how quickly you can achieve financial...