There has always been a great deal of controversy over the subject of renting vs buying property. And while I used to be deep in the “own property all the time” camp, I shifted my own position on this a few years ago. When I looked at the true cost of owning property, including maintenance, […]
Property Investment Loans
Real estate might be a huge part of your net worth. But are you maximizing your properties’ potential? How profitable are your rentals really? How much does it cost you to maintain your home? Should you buy more property or sell? If you have bad credit, how can you get into the real estate market?
This category has posts that will answer all these questions and more.
If you are considering doing a big home improvement job think very carefully before signing on. Besides the huge financial costs, remodeling can wreak havoc on your life and turn it upside down. This is not to say that home improvement is always wrong. Just be careful not to get carried away thinking about what […]
The best way to finance a home improvement project is not to do one. That’s because the cost of these jobs almost always outstrips the value they add to the resale price of your home. And if the job is big enough, like doing a major remodel or adding another floor or pool to your […]
If you own property you have to think about how you’re going to pass that property on after you pass away. Some people use living trusts to do that. I for one think it’s often the way to go. But I’ll admit that I’m not a lawyer and I also admit that this is not […]
Even though interest rates are still pretty low, it remains a huge challenge for kids to buy a home these days. The biggest obstacle is the down payment of course. So what do you do if your children can’t buy a home without your financial assistance? Do you whip out the checkbook or do you […]
Downsizing your residence opens up lots of financial possibilities. It’s a smart alternative to consider. This is true for retired people of course but it’s also true for working stiffs like me. If you are like most people I know, your home is likely your single greatest financial asset. That being the case, you have […]