real estate

//real estate

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.

The Financial Realities of Popular Living Situations

We all need a place to live. From a financial point-of-view, where we choose to live can be the most important decision we make. Whether it’s a mortgage payment, rent payment, or the fuel and maintenance to keep a van running (see below) the monthly cost of housing is usually the biggest bite out of our income. Choose wisely and we manage to have an affordable way to live comfortably and to improve our chances of building a stronger financial future. Choose poorly and we risk throwing thousands of money away needlessly and sabotage our financial security going forward. While we can’t [...]

By |2018-07-17T16:33:16-04:00July 10th, 2018|real estate|0 Comments

Choosing the Right Floor for Your Basement Renovation

Basement renovations in Winnipeg can be more difficult than other home renovations due to the nature of what you start with. When it comes to basement flooring, a homeowner might be limited by what lays underneath, what the conditions of the basement are, and by the budget that they have and what they want to spend. If you are renovating your basement to add additional space, what you intend to do with that space might have a big bearing on what type of flooring you want to choose. To play it safe, you should consider all factors before making the final flooring [...]

By |2018-06-26T20:45:23-04:00June 23rd, 2018|real estate|0 Comments

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 |2018-06-06T08:51:54-04:00June 6th, 2018|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 |2018-03-01T16:16:33-04:00July 31st, 2017|real estate|2 Comments

Taking a Second Look at a Rental Property

I honestly thought I would have owned a second (or even a third) rental property by now, but it just hasn't happened.  I looked at a property with a buddy way back in 2014, but if I remember correctly it ended up being way too big of a project for my firt investment property, and I didn't even go for a second look.  Again, my memory may be a bit off but I think the buddy I took a look at it with, did go back a few times but he couldn't come to terms with the price.  As I write this post, I am [...]

By |2017-07-11T00:26:19-04:00July 11th, 2017|real estate|2 Comments