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My quick answer to the question, "when should I start estate planning" is NOW. Real estate planning is for everyone and you can never start to early. Like any investment or major life decision, the process will run much smoother if you develop a plan before you make the first move. Making the plan doesn't have to be difficult. There are lots of professionals out there that specialize in helping your real estate investment succeed. Read More for my three stage of real estate planning.
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You’ll hear it tossed around here and on just about any other site: Build your passive income through real estate! I believe that investing in real estate is a great way to make money. But let’s be real—the way most people invest is hardly passive at all. Check out this article by Eric Bowlin of Bigger Pockets to see how you can invest in real estate whether you want a passive or active time investment.
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January 2020
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