Real estate is a desirable investment that’s a vital part of the portfolio of many millionaires. One of the great things about real estate is that there are many different ways to invest. However, if you’re new to investing in real estate, understanding your options and knowing which one is right for you can be…
Are you living above your means? Check these warning signs and see if they apply to you. If so, changes will improve your financial condition.
A home is a big part of life for most of us. Where we live impacts our lives every day, and most of us dream of living in a bigger, nicer home. Housing can also be a huge expense that takes up a large part of your budget. A few years ago, my wife and…
Recently I published an article on the costs of owning a home. The purpose of that article was to shed a light on all of the costs (including some hidden costs) that come with being a homeowner, rather than to debate whether it’s better to buy or rent. In this article, I’d like to discuss…
You’ve probably heard many people say “renting is just throwing money away” and buying a home is the better financial decision. That may be the conventional wisdom, but does that mean that it’s true? The problem with really common advice is that we often assume it’s correct, or absolute, without taking the time or making…
A mortgage is one of the largest expenses every month for most families. For many of us, the feeling of having a large debt for 30 years is unnerving. Of course, owning a home is preferable to renting in most situations, so having a mortgage is pretty much just a fact of life in our…
Moving to a new house can bring a lot of excitement. Most of us dream of having certain things in a home or a property, and when some or all of those dreams come true, it’s only natural to be excited. But the reality is, moving is expensive. In terms of building wealth and making…