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Investing | BrickDriven Realty Blog

Thursday, July 20, 2023   /   by Shane Kilby

How To Make Money by Investing in Real Estate

Three avenues you can take to make money with real estate investing.

How much do you know about the power of investing in real estate? The truth is that this avenue can be very lucrative and help you build long-term wealth. However, know upfront that this type of investing is much more about the long game, and you’ll need to be patient. The sooner you start, the more you can earn.
Over the years, people have gotten their start in real estate investing in various ways. Some people have rented out part of their homes, lived with their families a little longer, and worked extra hours to save up enough to start investing. However you make it work, know that the initial work is worth it.
There are a thousand different ways you can save money; you just need to get your start. Be educated on the industry, then begin because, as I said, the sooner you start, the better. Once you decide to invest, there are three main ways you can take your investment:
1. Buy and hold. This i ...


Thursday, May 4, 2023   /   by Shane Kilby

Calculating the Income a Rental Could Bring In

Two calculations to determine if a rental property is a good investment.

Have you ever thought about investing in a rental property? Real estate investments can be a great way to earn passive income, but you need to be careful. Not all rentals are the same, so you need to know how to identify which ones make sense financially. That can change based on various factors, but the main way to determine if an investment will be a good one is to run the numbers. Whether or not you like math, that step is crucial to finding an excellent real estate investment. However, this is challenging and daunting for many people, so I’m here to simplify it for you. 
The first thing you should do is figure out how much your rental income, operating expenses, and mortgage payment would be. There are many calculators online that will help you take a mortgage price and turn that into what your monthly payment would be, and you can talk to a local lender for advice on that. Then you can ...


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