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3 Transformative Tips to Refurbish a House to Sell

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Did you know that Americans spend over $400 billion every year on residential repairs and renovations? Some of these fixes are to suit the needs of current residents. Other projects come about before a house hits the market for sale.

The cost of refurbishing a house in its entirety can range from $100,000 to $200,000. However, you do not have to completely refurbish a house to get a return after you sell.

You may be contemplating picking up a fixer or selling your own home. If so, read this guide for three pointers on how to refurbish a house and actually generate a return on your investment. [Read more…] about 3 Transformative Tips to Refurbish a House to Sell

How to Start Investing Even If You’re Broke

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Knowing how to start investing with just a little bit of money is the first step to building a financial future for yourself.

While returns are never guaranteed, historically S&P 500 — which measures the largest 500 public companies in America — has gone up an average of 10 percent a year, and 13.4 percent a year between 2013 and 2017.

Better yet, real estate can frequently pay you 15% or more on your money (called an “Internal Rate of Return” or IRR). Part of the reason for these amplified returns is that real estate allows you to use leverage (mortgages), because your debt obligations are backed by real assets. [Read more…] about How to Start Investing Even If You’re Broke

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3 Tips on Networking That I Learned from Antoni Porowski

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There’s no denying that Queer Eye star Antoni Porowski is a force. Four million followers on Instagram, the star of an Emmy winning Netflix show, and a gay icon, all at by the age of 35, how did he do it?

Like most roads to success, Porowski’s career path took many twists and turns. Evolving from just another New York waiter and wannabe actor to now a food superstar, all thanks to his ability to network and take risks. Keep reading to uncover three networking tips from this mastermind. [Read more…] about 3 Tips on Networking That I Learned from Antoni Porowski

Working from Home: The Secrets Of Claiming A Home Office Deduction

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Nearly 70% of all small businesses in the U.S. start at home, which is why it is valuable to understand the nuances of claiming a home office deduction.

This is due to obvious reasons (renting office space isn’t cheap), but working from home is a lot more financially advantageous than most people realize. The IRS has rules that allow business owners to write off rent, utilities, equipment, renovations, real estate taxes, and more. In many cases, these tax rules can bag you $1,000 or more come tax time.

The average person can take off a lot of their everyday expenses and alleviate some of the stress that comes with entrepreneurship. You can even have your home office in a separate space from your actual home. How much you can get off your home office deduction will depend on meeting certain requirements and keeping proper documentation. [Read more…] about Working from Home: The Secrets Of Claiming A Home Office Deduction

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Book Review of Rich Dad Poor Dad by Robert Kiyosaki

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This article is a review of Rich Dad Poor Dad, a best-selling book written by Robert Kiyosaki — a self-made businessman, author, investor, and speaker.

The author’s success, achievements, and popularity weren’t as easy as you would think. He jumped from one job offer to the other for many years until the late 90’s when he finally came to the limelight after publishing Rich Dad Poor Dad in 1997.

Since that time, the book has climbed to the top of the charts, achieving the lofty position as the #1 selling personal finance book of all-time. [Read more…] about Book Review of Rich Dad Poor Dad by Robert Kiyosaki