A few days ago Jim called me in despair. He and his wife are in their late 70’s. They are still working but finding it more and more difficult to make ends meet. Jim heard about reverse mortgages and wanted to talk it over. He asked me if it would be better to take a […]
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.
Before you look for expensive legal remedies there are 5 steps you should take if you want to enforce an agreement. Several years ago I did some consulting for someone. It was a last minute emergency and we didn’t create a written agreement. None-the-less, I did the work and he didn’t pay me because one […]
FICO is changing the way they calculate credit scores. For many people, that means scores are going to go up. You might think this is great news but as you’ll see it may not be. In fact, it may be a terrible development. And this is something you need to be aware of even if […]
If your mortgage balance is low, does it make sense to just pay it off and be done with it? Of course the answer is very simple. It depends. From an emotional standpoint, it might feel very good to pay off that mortgage. But is it really a good use of your money? While I think […]
Options on real estate are a very cool way to play the real estate game for the right person. But what are they? How do they work? Are they a good idea? Let’s break it down and learn together. What Are Options On Real Estate? If you own property you can sell an option to […]
More and more people are asking about owner financing in real estate. That’s happening for two reasons: 1. Buying the right real estate right now could still be a brilliant move. 2. Banks still aren’t making it easy to qualify for a loan. That means more people want to invest in property but a growing […]