real estate

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Real estate investing has various benefits and challenges not associated with other investment vehicles.  There are specific tax codes made just for those investing in real estate, whether they are commercial or residential.

4 Money Mistakes That Can Affect Your Ability to Buy a Home

For most young adults, buying a home and settling down are just some of their long-term goals. Accomplishing these goals will require a lot of hard work and Zen-like focus. Over 57 percent of Millennials polled in a recent survey claimed the main source of their stress was finances. Finding a way to get a handle on your finances can help you greatly in the future. In order to purchase a home, you will need a good credit score and down payment. The following are some of the money mistakes to avoid if you are in the market to buy a home [...]

By | 2018-06-06T08:51:54+00:00 June 6th, 2018|real estate|0 Comments

How to Save for the Down Payment of Your First Home

If you want to buy a house, then you need to be able to afford the down payment. This is a large sum of money that you need to pay right away that won’t be included in your mortgage. You can technically borrow the money for the down payment, but that would only increase debt. Sensible people who want to buy a home save money for the down payment. This is a percentage of the whole price of the house. So the down payment will vary depending on how pricey you want your first home to be. It’s recommended to first calculate [...]

By | 2018-06-05T16:46:37+00:00 May 7th, 2018|real estate|0 Comments

The Potential Financial Advantages of Using an Online Estate Agent to Sell Your Property

Are you looking to sell your property, but you’re worried about the potential costs involved? It’s no secret high-street estate agents can charge pretty high seller fees; often running into thousands of pounds. However, the good news is, these days high-street agencies aren’t the only option available. Thanks to the World Wide Web, homeowners have numerous options when it comes to selling their property. You can list the house for sale on private websites for free, though you would need to do all of the work yourself. However, one particular method which could provide you with the same level of service as [...]

By | 2018-01-22T23:22:27+00:00 November 24th, 2017|real estate|0 Comments

The 4 Smartest Ways to Use A Reverse Mortgage

When you hit retirement age, one thing you don't want to have to worry about is keeping a steady income to support yourself, but unfortunately, that's the exactly the number one thing many retirees are stuck worrying about. No matter how much you plan and save for retirement, there's a good chance you're going to face unpredictable expenses and volatile markets, and unless you're fabulously wealthy, there are likely to come times when you're stretched thin. You may have heard of reverse mortgages as a way to take advantage of equity in your home to provide yourself with cash or a line [...]

By | 2018-02-12T21:38:02+00:00 September 21st, 2017|real estate|0 Comments

and Just Like That the Specific Rental Property is Dead

My last post was about a possible rental property I was very excited about possibly purchasing.  It was on the east end of Long Island, and could be used in the future as a possible vacation spot for those people involved in the deal.  However, as the title of the post indicates, the deal is all but dead.  I am pretty annoyed about it, but it is what it is. Regardless of how I ran the numbers I just couldn't get it to work if I was using debt (i.e. a mortgage) or if I was using the rental company which took [...]

By | 2018-03-01T16:16:33+00:00 July 31st, 2017|real estate|2 Comments