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.
September 18, 2026 - 02:37
Today's Mortgage Rates, Sept 17: 30-Year Fixed Stays Above 7% After Fed's First Hike in 3 YearsThe average rate on a 30-year fixed mortgage moved higher on Sept 17, reaching 7.01 percent after the Federal Reserve announced its first rate hike in more than three years. The increase marks a...
September 17, 2026 - 06:20
Wallace Real Estate supports Knox Heritage Scruffy City SoiréeWallace Real Estate threw its support behind Knoxville`s history and the push to protect its one of a kind spaces by serving as a table sponsor for the 2026 Knox Heritage Scruffy City Soiree. The...
September 16, 2026 - 17:08
Number of homes sold fell in 7 out of 8 ZIP codes in The Woodlands area this AugustThe Woodlands area saw a broad slowdown in home sales this August, with seven of eight ZIP codes recording fewer transactions than the same month a year earlier. The data points to a market that...
September 16, 2026 - 01:43
A Fed Rate Increase Could Challenge Housing's New NormalEconomists widely expect the Federal Reserve to raise its benchmark interest rate by 25 basis points at its upcoming meeting, a move that could ripple through a housing market still adjusting to...