January 28, 2026 - 12:07

Personal finance personality Dave Ramsey has sparked debate by asserting that real estate is not the optimal path for generating passive income. He argues that the common perception of real estate as a hands-off investment is largely a myth, pointing to the significant ongoing responsibilities that fall on property owners.
Ramsey highlights the substantial time and effort required to manage rental properties, including tasks like maintenance, tenant screening, handling emergencies, and dealing with vacancies. These duties, he contends, transform what many consider a passive venture into an active side business or even a second job. For true passivity, he suggests investors look elsewhere.
Instead, Ramsey advocates for a more traditional approach to building wealth passively: consistently investing in quality, growth-stock mutual funds through tax-advantaged retirement accounts and standard brokerage accounts. He emphasizes the power of the stock market's long-term average returns, coupled with the complete lack of day-to-day management required from the investor. This strategy, according to his philosophy, allows individuals to build significant wealth over time without the operational headaches associated with being a landlord. His advice remains centered on time-tested principles of steady investment, patience, and avoiding debt.
June 27, 2026 - 20:44
Mi'kmaq Nation acquires 3,400 acres in Maine, doubling tribal land holdingsThe Mi`kmaq Nation has purchased a 3,400-acre property in northern Maine, significantly expanding its tribal land base. The acquisition more than doubles the land the tribe currently owns and...
June 27, 2026 - 02:13
Sale closed in Guerneville: $524,000 for a single-family homeA single-family home with roots stretching back to 1938 has officially changed hands in Guerneville, closing at a final sale price of $524,000. The property, which carries the charm and character...
June 26, 2026 - 08:36
Zohran Mamdani's New York City Rent Freeze Passes in Landmark 7-1 VoteNew York City`s Rent Guidelines Board voted 7-1 on Tuesday to approve a zero percent rent increase for the city`s one million rent-stabilized apartments, handing State Assemblymember Zohran Mamdani...
June 25, 2026 - 19:14
Real estate agents are leaving traditional brokerages for 100% commission modelsThe math in residential real estate agent compensation has become impossible to ignore. For decades, the standard split between a listing agent and their brokerage hovered around 70-30, with the...