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 […]
Real Estate
4 Alternative Investments That Don’t Involve the Stock Market
Have you ever thought about using alternative investments to build wealth? Investing in the stock market can be a difficult proposition. The ups and downs of the market can wreak serious havoc with your account balances and your emotions. I know I’ve been a victim of the roller coaster of emotions that comes with stock […]
5 Reasons to Avoid Renting to Close Friends
Most people avoid entering into business deals with close friends to avoid any uncomfortable stressors on the relationships or burned bridges. Unfortunately, while partnerships with close acquaintances are much easier to come by, they can turn sour. Renting is a business like any other and should be approached with the same precautions. 5 Reasons Renting […]
I Invested In a Rental Property- My Tenant Came Through!
The last post about my rental property left you with my renter, “Pam”, soon to be 3 months behind on rent and about to be served 30 days notice to vacate the premises. She also didn’t want to pay the deposit of 1 month rent and deposits for her two cats, as well as start […]
I Invested In a Rental Property!- Dealing With My New Tenant
In my last “I Invested In a Rental Property” post, I left you with my new property manager beginning efforts to contact the existing renter in the house to see if she was planning on staying. Check out my Other Real Estate Posts Here The Tenant With Two Cats Sometimes it’s difficult to find a […]
I Invested in a Rental Property!- Hiring a Property Manager
As you may know, I invested in a rental property a few weeks ago. In the first posts about my new rental property, I told you about all the crappy houses I looked at, my two heart attacks, and why I decided to buy a rental property instead of flipping like I did before. Now […]
