From the category archives:

Wealth Tactics

Wealth Tactic 20
Winning in Real Estate investing requires that you follow two simple rules:
1) Understand which asset classes have the best risk/reward ratio.
2) Invest in the best locations for your asset class and strategy.
In this article, I’d like to discuss Rule 1 (best asset classes) and review the compelling reasons for why resident occupied cash [...]

{ 1 comment }

Wealth Tactic 19
by Ed Barriskill (Co-Founder, 37th Parallel Properties)
What I’m about to reveal could have a dramatic effect on your financial future.
It is one of the great secrets of the wealthy and affluent, but it’s a strategy absolutely everyone can use.
Since the 1970s, it’s been perfectly legal to move your IRA out of the standard [...]

{ 1 comment }

Wealth Tactic 18
by Ed Barriskilll (Co-Founder, 37th Parallel Properties)
Do you know when it is the right time to purchase or sell a property? Understand the four stages of a Market Cycle, and watch your wealth accelerate!
If you knew the right time to purchase or sell a property, how would this information change your financial future? [...]

{ 0 comments }

Wealth Tactic 17
by Chad Doty (Co-Founder, 37th Parallel Properties)
Shiny Object Syndrome – How it can derail your investment strategy and how to avoid it.
In our daily conversations with investors inside and outside of our community we find certain consistent and repeated trends.  One of the most prevalent trends is Shiny Object Syndrome.

{ 0 comments }

Wealth Tactic 16
by Ed Barriskill (Co-Founder, 37th Parallel Properties)
Why not take advantage of the tax advantages and loop holes that the Rich and Wealthy do every day?
I have been a Real Estate Broker selling residential real estate as well as owning and managing rental properties for over 34 years. For 27 years, my wife and [...]

{ 0 comments }

Wealth Tactic 15
(by Ed Barriskill, co-founder 37th Parallel Properties)
I was inspired to write this article after a friend and investor of ours, Rhonda Hargrove, emailed me and told me that as much as she has enjoyed reading the Wealth Tips and Blogs, she felt investors needed encouragement and motivation to stay in the real estate [...]

{ 0 comments }

Wealth Tactic 14
by Ed Barriskill (Co-Founder, 37th Parallel Properties)
What are Money Rules? Money Rules are the specific and personal rules you create and then follow when you are contemplating getting involved in an investment. These rules will guide you in making good financial decisions.
I learned about the concept of Money Rules from Loral Langemeier (owner [...]

{ 1 comment }

Wealth Tactic 13
by Ed Barriskill (Co-Founder, 37th Parallel Properties)
The “Due Diligence Process” is the most important step in ensuring you are choosing the right property to purchase.  Surprisingly many investors skip various steps of the process and are sorry for it later. There are four (4) distinctive stages in the process that are a must [...]

{ 0 comments }

Wealth Tactic 12
by Rick Webster  (Investor Relations, 37th Parallel Properties)
“To climb the ladder of success, you don’t need more techniques and strategies, you need more friends”
-    Jeffrey Gitomer
If there’s one thing that people moving up the wealth ladder rapidly have in common, it’s the fact that they network. We have all heard the cliché, “It’s [...]

{ 0 comments }