Fighting Fear with FIRE
The past few weeks have been a difficult time for my family. We received news that was changing our plans and forcing us to look at other options.
Invest in Real Estate. Fail Forward. Achieve FIRE.
MsFIRE Mama is about normalizing the discussion of mishaps and failures in real estate investing and creating a community of resources to help you avoid, overcome and resolve them.
Read MoreThe past few weeks have been a difficult time for my family. We received news that was changing our plans and forcing us to look at other options.
If you haven’t plugged the trigger on your first investment, the chances are that you haven’t firmed up your targets or strategies.
By investing in your real estate education, you can flatten the learning curve and reduce or eliminate time you would have spent reinventing the wheel. These are the resources, tools and books we love to help kick start REI.
Refinancing a property is one of the four “R”s of the BRRRR method and can be the main accelerant in growing your investment portfolio.
Partnerships are a great way to reduce risk, share responsibility and have an ally in your real estate adventure. They can also cause unexpected challenges and end relationships, if not properly managed.
After we paid the lien fees ($380), we had to wait for two weeks for our payment to make it through the red tape and for the ability to request the abandonment lien be removed from the property.
The title of this blog is MsFIRE Mama. It’s deliberate. When I first started fantasizing about what my life would look like financially free, the focus was on travel. When I became a mother, a lot of things came to the surface that I expected, and then some that I didn’t. I expected to struggle with work-life balance and I didn’t expect that figuring out what kind of mom I wanted to be would be difficult to pinpoint.
Whether it’s a handyman, a general contractor or an individual trade (electrician, plumber, etc), the most important thing you can do is set expectations.
Knowing what you need done during a renovation is only half of the equation. Finding the right team for the job is the other.
Renovating a property probably causes the most anxiety when investing in real estate. A lot rides on the results.
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