How many people remember the importance of “prerequisites” in college? I can recall being super excited to register for a few classes, and when I was filling out the last page of registration, it denied my paperwork since I did not have the correct prerequisite class. Of course, being young and naive, I thought this rule... Continue Reading →
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Why a 30-Year (NOT 15-Year) Mortgage Gives You a Better Shot at Building Wealth
It’s a question that is frequently asked by homeowners and real estate investors around the nation: Should I go with a 30-year mortgage and have a lower monthly payment, or should I go with a 15-year mortgage and pay off the loan much faster? However, if we rephrase the question, expressing a goal, we can certainly come... Continue Reading →
Why You Shouldn’t Worry About How Many Loans You Have in Real Estate
The Problem is, Success Doesn’t Work That Way In fact, no journey really works that way. It’s nice to think of success as a straight line without any hitches, ditches, or bumps in the road. But that’s just not accurate. The road to success is a never-ending path of mistakes, inefficiencies, and unexpected changes in... Continue Reading →
5 Refinancing Steps You’ll Need to Complete for the Buy, Rehab, Rent, Refinance Strategy
“Your network is your net worth.” —Tim Sanders Step 1: Look for a Lender (And Cast a Wide Net) One mistake a lot of people make is to only start looking for a lender once they need one. Don’t make this error. Instead, you should start looking for, vetting, and building rapport with lenders early... Continue Reading →
Cash Flow vs. Equity: Which Pays Off for Investors in the Long Run?
As I’ve been searching for topics to write about, in terms of finance and real estate investment are concerned, I keep running across the different ongoing conversations regarding equity and cash flow. Specifically, which one is better and why? I thought this would be a good topic to analyze from a financial perspective, especially in... Continue Reading →