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 […]
Why You Should Pay Too Much – Sometimes
You might really love to bargain like a camel trader and if so, I get it. But once in a while it’s smart to actually pay too much for something if you want to spend less money in the long-run. I know this isn’t very “pc” these days – but it is true. Let me […]
Collect a Small Claims Judgment – 5 Steps
If someone owes you money you can take them to Small Claims Court. If you can prove they owe you money chances are good you’ll get a Small Claims judgment against them. But even if you are successful in court please don’t start counting your money just yet. According to eHow*, 79% of all Small […]
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 […]
Why Your Retirement Number Doesn’t Matter
Yesterday we discussed how to calculate your personal net worth, what it means and how it relates to your retirement number . I also mentioned that when you calculate how much (or how little) income your net worth may generate, it could be depressing. As I said, many people run the numbers only to learn […]
Your Short Sale Timeline Just Got Shorter
A short sale can be great for both real estate sellers and buyers. It’s a way to buy property at a steep discount or sell a property you own and need to get rid of. Many people got turned off to this process because the short sale timeline was extremely long and tortuous. But that’s […]