Category Archives: Real Estate

How To Save For A House

How To Save For A House

Saving for a house can be a long and challenging process. Both because of how much money you actually need to save and because of the time commitment needed to save that large amount of money. In this post, I am going to give you an idea of just how much money you need to save for a house (and why saving more makes sense) as well as how to get over the hurdle of the time commitment involved with saving such a large amount. I’ll even touch on a few ways to help boost your saving. Let’s get started.Continue Reading

To Refinance or Not to Refinance, That Is the Question

To Refinance or Not to Refinance, That Is the Question

Owning a home is a big responsibility. Along with the cost of maintaining the home, you also have the sizeable mortgage to worry about. If you are like many Americans, making your monthly mortgage payment can at times be difficult. If you want to save a little money every month when it comes to your monthly house payment, or want to cash-out a portion of your home’s equity to pay off some of your other debt, you may want to consider refinancing.Continue Reading

Real Estate Investing: How and Why I Ignored the “Experts”

Real Estate Investing: How and Why I Ignored the “Experts”

A couple years ago I started reading up on real estate years ago. I picked up a few comprehensive books and went through them like they were picture books. I’ve been hooked on real estate investing ever since. And as ironic as it may be, I broke one of the cardinal rules of real estateContinue Reading

How to Retire With Rental Properties

How to Retire With Rental Properties

One of the most basic retirement rules that you should learn is diversification. Every investment portfolio should be properly diversified to protect yourself from losing it all. As I continue to fine-tune my retirement plan, I continue to obsess over the power of real estate investing. While I would never be stupid enough to limit my retirement income with just one source of revenue, I thought it would be fun to figure out how one could retire with just rental properties – and to do so with realistic numbers.Continue Reading

What to Do Years Before Buying a Home

What to Do Years Before Buying a Home

We’re being really active in preparation for our future home – mainly because it means that much to us. “We” are also really preparing for our home purchase because I like to be well prepared. If you are looking to buy a home in the next couple of years, here’s a few things that you can do to prepare yourself for a mortgage.Continue Reading

Things To Do Before Signing a Lease

Things To Do Before Signing a Lease

Whether you are looking for your first apartment or your third, there are some things you should always do before signing the lease. The more of these tips you can check off prior to moving in, the fewer potential headaches you will have, making your life that much easier.Continue Reading

The Risks of Buying a Home Too Early

The Risks of Buying a Home Too Early

We’re planning for the big move that will happen in a few months. Part of that planning involves looking into housing options, which include both renting and buying. Considering that we live in the North East, where homes and property taxes are quite expensive, it has never been part of our plan to buy this early. There are several things that could go wrong and I don’t want to risk it.Continue Reading

How and Where to Leverage Your Money

How and Where to Leverage Your Money

“When you combine ignorance and leverage, you get some pretty interesting results.” Warren Buffett

This quote is most appropriate for a discussion on leverage. Leverage amplifies both good and bad decisions, so it has to be used responsibly and only when an outcome has a very high degree of certainty.Continue Reading

When are you ready to buy a house?

When are you ready to buy a house?

It’s the time of year where many of the 20-somethings who fall into the renting population of my pool of friends start talking about buying a house. The justifications are usually the same, regardless of the person I talk to. They want to build up equity. They want to get mortgages with low rates. They want to buy while prices are low.Continue Reading

Why Seller’s Concessions are Popular

Why Seller’s Concessions are Popular

There is this famous phrase that gets bandied about in the housing market called a “seller’s concession.” It is not a hot dog stand out in front of an open house. It’s also not the seller signing away his first born to a new home buyer. If you are in the home buying or selling market, you want to know exactly what a seller’s concession is and how it can help you.Continue Reading