assets

Instant gratification versus delayed gratification

by Jay Castillo on November 15, 2010 · 28 comments

in Financial literacy, Managing Finances, Real Estate Investing

After inspecting a bunch of foreclosed properties recently, I was to drop-off my real estate broker at her house. Her grandson who was around 7 years old, approached us after I parked, while we were still inside my car. He signaled me to open the window, which I did, and he noticed I was using [...]

Buy income generating assets first

by Jay Castillo on November 27, 2009 · 29 comments

in Real Estate Investing, Reflections of a real estate investor

While I have said in the past that it would be great to buy a house and treat it as an investment, I want to take it a step further. What if instead of buying a house outright, one would first buy an income generating asset that would generate positive cashflow and help take care [...]