The Latest From Buddy Broome Invest

A 35% Return on Investment Must be Risky or Illegal….Right?

One thing that I hear constantly in investing circles, even from some people with investing education, is that you cannot get above a certain return, typically around 4%, without the investment being risky or [cue the gasp] illegal. This statement is often followed up...

read more

14 of My Favorite Real Estate & Investing Teachers

Education is imperative in any endeavor. How would you feel if you were to have a heart transplant surgery and you found out that the person who was performing the surgery never studied anything about medicine, surgeries, or heart transplants? Would that give you a...

read more

How to Know if an Upgrade is Worth the Money

One job of a landlord is to makes decisions on repairs and improvements.  Typically, repairs have to be done as they make the unit habitable (e.g., a hole in the roof). However, improvements are a different story as they are not always needed to make the unit...

read more

3 Questions That You Should Ask Every Seller

When I was younger, one of my favorite shows was “The Joy of Painting” by Bob Ross.  Some of you might remember this show as Bob Ross, a mild mannered painter with a gentle voice, would always start the show with a blank canvas in front of him. Then, little-by-little...

read more

Balloons are for the Circus

Sometimes I will get pitched properties with seller financing that have a balloon mortgage. The balloons for these deals typically come due around 5-10 years from the time of the sale. For those of you are are new to investing, a balloon means that the entire balance...

read more

3 Tips to Help You Rent Your Place Fast!

When I first started off as a landlord, I had a very difficult time finding qualified tenants.  The reason that I had a hard time finding qualified tenants was simple: I had no applicants. This resulted in units that would sit vacant for months. Anyone who has been in...

read more

How to Make a Property Cash Flow +

Oftentimes people want to purchase rental properties, but they may be having a hard time finding a property that positively cash flows. Negative cash flowing properties create a problem because ultimately it results in cash leaving the buyer's pocket and destroying...

read more

How to Really Grow Your Nest Egg (Without Speculating!)

The goal has many different names: retirement, financial freedom, financial independence, to name a few.  However, regardless of what you call it, it all comes down to the same thing, people want cash flow to meet their expenses so that they can live life on their...

read more

It Ain’t the $5 Latte…

One of my favorite movies is the 80's cult-classic about high school wrestling, “Vision Quest.”  In one of my favorite scenes from this film, the main character Louden Swain, played by the amazing Matthew Modine, is seeing his friend Elmo, played brilliantly by the...

read more

Is Your Investment Beating Inflation?

“Back When I was a kid…" This is something that you may have heard quite a bit growing up. Heck, you may have used this line yourself 😉 When we typically hear this line it is followed immediately by something like, “I walked barefoot to school, in the...

read more

Why Banks Love 15 Year Mortgages (& Why You Should Not!)

"That’s alright, Br’er Fox - hang me if you gotta.  But please, please don’t fling me in that briar patch" - Br’er Rabbit to Br’er Fox in Disneyland’s log-flume attraction, “Splash Mountain” The quote above is from one of my favorite rides at Disneyland, and it takes...

read more

Give Me a Lever….

"Give me a lever long enough and a fulcrum on which to place it, and I shall move the world." - Archimedes Last week, the Dow Jones Industrial Average broke the unprecedented 20,000 point barrier.  To give some historical perspective, in January of 1987, the Down...

read more

Don’t Be Told What Your Yield Should Be!

What Society Tells Us about Yields One concept that I hear a lot among investors and non-investors alike is the belief that they cannot set their own yield (aka return on investment).  Rather, society has accustomed us to believe that the yield is set by banks,...

read more

“Light” the Cash to Close a Deal? Try This!

Have you ever had a deal where you were "light" the funds to close ("light" can mean that you don't have the funds or that you simply did not want to cut a check;-)?  Here is one tool that I have used in the past to help my parents close a deal that solved this...

read more

How Big Will Your Baby’s Nest Egg Be?

Our goal as investors is to get money to work for us rather than the other way around.  When we have money work for us, the principles of investing are able to turn a seemingly small amount of money into a huge amount of money with sometimes little effort on our...

read more

Looking for that Perfect Holiday Gift?

It is the time of year when people are wearing funny sweaters, drinking eggnog, and buying gifts for friends and family.  While the first two of the previously mentioned activities are things people are pretty excited about doing, the third is typically one that fills...

read more

When is a Dollar More Than a Dollar?

Financial freedom is passive cash flow from assets that are greater than your monthly expenses. When looking at this formula, typically people focus on increasing the passive income from assets, which is essential. However, it is just as important to keep expenses to...

read more

Does Your Dog Understand Your Investments?

Having grown up in South Jersey with half of my family being from Northeast Philadelphia, the dish "scrapple" was a mainstay at family get-togethers.  For those not from the greater Philadelphia region, the best way that I can describe scrapple is a brick of...

read more

My Dog Piglet Wants to Know If You Want to Receive Valuable Tips, Strategies and Insights for Calculating Your Financial Freedom?


Get Your Guide!
#mailmunch-pop-453212
Share This