What is earnest money? How much do you need? How do you make sure you don’t lose it? This article explores how earnest money works.
Do you want to buy some land and start a mobile home park as an investment? Are you wondering what’s involved? If so, here are some factors to consider.
What is house hacking? Can you do it? What does the math look like? Here are the details you might have been looking for.
Investing in a real estate deal can be highly rewarding, but at the same time – very challenging. It’s not like investing in stocks, where you know what you’re getting. Every property and deal structure is so different, there isn’t a “one size fits all” investment that can make sense for everyone. Today, with awesome […]
You love investing, and at this point nearly all of your money is in the stock market. You know it’s important to diversify, but aren’t sure if real estate investing is right for you. You might think it requires a lot of money up front, or requires a lot of work ongoing. And while some […]
In college I once ate a whole pound of sharp cheddar cheese. The dare, of course, was to eat two pounds, and I failed miserably. I just couldn’t get past the first pound of cheddar, and to this day, I still have trouble enjoying a nice bowl of mac ‘n cheese. I’m sure you have […]
Looking into getting a mortgage? Here are the top 7 online mortgage lenders you should consider financing your new home with.
At the onset, real estate investing sounds like an expensive venture costing thousands of dollars in initial investment. And in the past, it used to be! Fortunately, you don’t need six figures in the bank to be a real estate investor today. It really starts with a solid financial plan. Many people who have reached […]
Home ownership can be a true joy. The thought of holding your very own keys in your hands and being able to point and say “That’s my house”. That’s until it’s time to pay property taxes. The average property tax in California is $3100 per year whereas in places like New Jersey and Connecticut, it […]
On April 5th, 2012 Congress passed the JOBS act of 2012. With the stroke of a pen everyday people gained access to private investment markets that had once been the domain of “accredited investors,” people with incomes greater than $200K or assets greater than $1Million. Since the new law has been signed into place, real […]
Are you looking to boost your portfolio returns through peer to peer lending? For the last several years Lending Club and Prosper have allowed everyday investors to profit from consumer lending. But in the last 15 months, a new type of peer to peer (P2P) lending platform registered with the SEC. GroundFloor now allows everyday […]
Real estate investment has always been a game for the big dogs. With a high barrier-to-entry and a history of backroom deals and greasy palms, many investors would never even think of real estate investment as a viable option. Leave that for the big wigs, right? Not necessarily. Like many forms of investing, that stigma […]
Real estate has traditionally been one of the most sought after investment vehicles for its passive income potential, appreciation, positive cash-flow, and tax reducing deductions. However, real estate investing is also viewed as one of the more difficult investments to start due to the high risk and high up-front costs required to start. I want […]
Ask any personal finance expert for advice on becoming financially independent, and the likelihood of you hearing something along the line of, “Consider creating multiple sources of income” is high. Because let’s face it, it’s almost impossible to achieve financial freedom without having a healthy cash flow. And having multiple sources of (passive) income is […]
Many people have all the knowledge and nerve to be investors, but they lack an equally important part: the money. Getting the cash together to get started or to expand in real estate can be very difficult, especially when you’re young. Once you overcome that startup hump, you’re in business, but what a hump it […]
While we normally talk about student loans on this blog there’s another huge debt most of you will take on at some point in your life (if you haven’t already.) That debt is a mortgage. Personal finance is very personal. Depending on who you ask paying off a mortgage early could be a great move […]
After college, its work that most fresh graduates look for. They move to cities where opportunities are abundant and easy to find. But this also means they need to look for a place to live. The wisest way to have a house is to rent a property. But leasing is not always the best option. […]
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 […]
You’ve seen the shows – buy an ugly house for pennies on the dollar, fix a few rooms, turn around and sell that same house for quadruple what you have in it. But does it really work like that? The truth is flipping a house takes some serious work and is extremely risky. However, it […]
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 […]
When I was in college, a friend dared me to eat a 2 lb block of cheddar cheese in one sitting. Not understanding the intestinal consequence of such an action, I accepted the challenge and – to this day – I have a hard time enjoying cheddar cheese. The worst part is: I didn’t even […]