With real estate prices and interest rates this low, is buying a vacation home a good idea? More and more people think so according to the National Association of Realtors*. They recently reported a 7% jump in vacation home purchases. Foreclosures and short-sale properties only contribute to this surge in vacation home purchases. But is […]
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.
Should You Buy A Bigger House?
Even though many people are buying less expensive housing these days, you might be very tempted to buy a bigger house. I can understand that. Interest rates are ridiculously low and real estate prices seem to be just bottoming out. I recently wrote a post explaining that most people are far better off buying real […]
Should You Sell Your House Now?
If you are struggling financially you are probably considering making all kinds of changes in your financial life. But should you sell your house ? Is that a reasonable thing to do? It’s a pretty big decision. How do you determine if such a move makes sense or not? Dan, a friend of mine faced […]
You Should Always Have A Mortgage – Here’s Why.
I know it’s sacrilegious to suggest that you should always have a mortgage . Conventional wisdom says that paying off your mortgage early is always a good idea. After all, the sooner you pay it off, the sooner you’ll put an end to your house payment. That’s true financial peace of mind! And chances are, […]
Uncovered Reverse Mortgage Risks
If you are retired you are probably sick of having to deal with a higher cost of living and lower returns on your fixed income investments. In that case, a reverse mortgage might look good to you. Indeed, it might make sense in a few cases. But it can introduce you to a world of […]
What is Turn Key Real Estate Investing?
Do you ever hear those radio commercials touting the virtues of turn key real estate investing ? That’s just about all I hear these days. They do make the concept sound appealing. But is it all they promise? Above all else, is this safe or just a real estate scam? To be frank, I’ve actually […]