Everything You SHOULD'VE Been Taught in School.
Are you looking to dive into the world of real estate investment, but aren’t quite sure where to begin?
Investing in real estate can prove to be very lucrative. However, you need to know what you’re doing before you get started. Otherwise, you could end up losing a lot of money. [Read more…] about 8 of the Best Books on Real Estate Investing
The acronym “FIRE” stands for Financial Independence Retire Early. This movement is all about replacing your job with passive income streams so that you don’t have to work from 8am to 5pm five days a week until old age.
If early freedom is a goal that you have, then you might want to consider using your home to accelerate this process through a principle called “house hacking”.
But, what is house hacking exactly? And, how could it help you to live a financially free life? [Read more…] about What is House Hacking? 8 Savvy Ways to Create Cash Flow
With all its terminology, stepping into the world of investing can be daunting. Nonetheless, an important concept to understand is the equity multiple.
But what is an equity multiple and how can you use it to evaluate the strength of an opportunity?
Also, when and why would you use it over other key performance metrics? Keep reading to learn these answers below. [Read more…] about What Is an Equity Multiple and How Do You Calculate It?
Home equity can be a major benefit of buying a home. You can find many amazing places to rent, but if you’re the tenant and not the owner, then you won’t benefit when the property value goes up.
The difference between your current home value and the amount of your mortgage loan is called equity. The equity in your home can be cash in your pocket with a home equity line of credit (HELOC).
What is a HELOC? Check out this guide to understanding when and how to use a home equity line of credit. [Read more…] about What Is a HELOC? Your Ultimate Guide to Home Equity Loans
Did you know that more than 16 million homes are sitting vacant across the U.S.? This can happen when investors hold a property for long-term price appreciation without renting it out. It can also occur when an owner decides to let a property sit vacant during the off-season. This decision is common in beach towns during the winter and ski towns during the summer, for example. [Read more…] about What Does Vacant House Insurance Cover?