I’m a huge believer in using real estate investments to build wealth and produce passive income. In fact, I believe investing in rental properties is one of the best ways to build wealth and produce passive income there is! Real estate investing is something anyone can do, but if you’re not careful about how you […]
Mortgage
Living Without a Credit Score- Your Questions Answered
Living without a credit score is one of the basics of personal finance that I teach on a regular basis. However, I’ve found that telling people they don’t need a credit score tends to freak people out a little. Most people get this weird look on their face and politely listen to what I’m saying. […]
Reverse Mortgage Advantages and Disadvantages
A Reverse mortgage is heavily advertised as a great way to provide retirement income for cash strapped homeowners. Usually you’ll see reverse mortgages advertised using an aging TV or movie star encouraging seniors to unlock the equity in their home to provide extra income during retirement. But is a reverse mortgage really as good as […]
I Invested in a Rental Property!
As many of you may know, I began investing in real estate a couple of years ago as a way to build money for retirement. In my “I Bought a House” series, I detailed how I bought a home, fixed it up, and flipped it for a decent profit. Now I’ve bought a rental property! […]
How to Be Mortgage Smart- Do’s and Don’ts for Buying a Home
Do you know how to be mortgage smart? It’s home buying season once again and the housing market has now come back after a few years of tough times. In fact, as I write this, I’m in the middle of emailing documents and wiring money to buy a rental property. But that’s a subject for […]
Should You Take on Debt to Get a Tax Break?
Have you ever had someone advise you to take on debt (such as a mortgage or a car lease) so you can get a tax break? Maybe it was your dad, a friend, or even a trusted professional such as an accountant whom you trust to give you good, solid financial advice. A tax break […]
