Most investors wait until they’re in their forties, fifties, or sixties to begin capitalizing on real estate. While there is nothing wrong with investing at those ages, there is an underlying belief among many young folks that it is not possible to participate in the real estate business until a later age. This just isn’t […]
Buying a house will likely be the biggest purchase you ever make. It’s not a decision that you should take lightly and it’s not a purchase you should make on a whim. Buying a house can either be an incredible experience and (hopefully) a great investment or it can be the culprit of bankruptcy and […]
Does it make financial sense to flip a house in college and start investing in real estate? Not often, but for some, it can be lucrative.
Most financial advisers, television shows about money, and even colleges teach people to invest money in the stock market. Real estate is rarely mentioned as a vehicle to invest your money, except when buying a personal residence rather than renting one. I feel investing in real estate with rental properties is one of the best […]
Getting started investing in real estate in college is a great way to build wealth, but you need to be smart about your housing and tactics.
It is wise to consider investing in real estate. With this sudden surge in the buying market, an investor can make a serious return on his or her investment. Furthermore, when compared to stocks, a person will not see the day-to-day fluctuations that frustrate the stock trade investors. Sadly, many new investors lose a lot […]
Over the last two centuries, about 90 percent of the world’s millionaires have been created by investing in real estate. For the average investor, real estate offers the best way to develop significant wealth. As with any and all forms of investing, it is best to get started early with real estate so you can put […]
Your mortgage is your key to owning your own home at some point. As long as you are paying your mortgage every month, you are able to maintain ownership of your property. The problem is your finances might have changed at some point and you will not have the ability to pay your mortgage. Even […]
Real estate has long been one of the most popular methods for wealth generation. Most people consider their primary residence a substantial investment. Some folks have chosen to “flip” houses by buying homes in need of repair, repairing them, and then selling them for a profit. Others have chosen to become landlords and bought one […]
Today I want to take a tangent and discuss real estate — specifically real estate agents. I have a good family friend that is looking to buy their first home, and their experience hasn’t been easy. That’s not to say that buying real estate is ever easy, but dealing with a real estate agent should […]
In less than two weeks, I’m buying a condo. I was talking with a friend over the weekend about my concerns, and how I worked through them. But one piece still nagged at me. “I keep thinking about what a terrible investment it was to buy a townhouse in 2006,” I told my friend. “Is […]
In exactly one month, I’ll close on my new home. Approximately 1000 square feet of Portland will belong to me (who am I kidding, it’ll belong to the bank, but it’ll be my neck that gets wrung if things go south) and I keep thinking about how things will be. Will my life be much […]
I am a frugal person. I always have been, and I always will be. I cannot tell you the last time I paid retail for something, and I write those words with pride. I mean, heck, Frugal is part of my URL! Sometimes, though, being frugal is as much a weak spot as it is […]
There is a new scam going around college campuses right now that is impacting hundreds of college students and young adults. It’s the college roommate scam, and if you’re not careful, it could cost you hundreds (maybe even thousands) of dollars. We’ve talked about scams before, but this is a little different. There have been […]
All along, my plan has been this: Get Out of Credit Card Debt Pay Off my Student Loans Pay Off my Car Start Saving for a Down Payment on a House But then, a few things happened to make me change my mind. The first was the end of a relationship. No longer was I […]
This is a guest post from Dominique Brown, a financial planner and personal finance blogger who writes at Your Finances Simplified. “Buyer’s market” is perhaps the best phrase to describe the housing and mortgage markets today. If you are buying a home today, you will be able to take advantage of low interest rates and […]