We’re ending 2019 with historically low mortgage rates. This means there’s no better time than now to refinance your mortgages. It’s especially a good time to refinance a rental property. In fact, the more residential property you have in your portfolio, the more money you can make right now.
Making money is the easy part though. Many people see the immediate returns of pulling equity out or erasing credit card debt. But these moves can have detrimental effects in the long run. It’s important that you refinance for the wrong reasons. Otherwise, you may just end up back in the same place you’re already at but with one less option.
Let’s face it - no matter who’s in the White House or what economists say, you need more money. We all do. I know I certainly do.
Whether you’re staring down the barrel of an eviction notice, a foreclosure, or just trying to keep the electricity on for another month, there’s no shortage of ways to make money online.
But taking surveys isn’t worthwhile, the majority of offers you see on Facebook are too good to be true, and everything else feels like a pyramid scheme. Herbalife and Lularoe make you buy inventory up-front, Postmates and Doordash will kill your car, and Uber or Lyft might get you killed too.
Airbnb has some fascinating stories from the past decade of its vacation rental marketplace. Everything from wild parties to wild animals invading people’s lives have made headlines. But these are the outlier cases.
In reality, there were over 6 million active Airbnb listings in 2019, and it’s not just in the United States. Airbnb is a global phenomenon, with cities like London, Paris, Shanghai, Beijing, Rome, Rio de Janeiro, Chengdu, Sydney, and Melbourne joining New York City in the top 10 cities with the most Airbnb listings.