Archive for the 'Investing' Category
A town crier steps out of the shadows, looks down his nose at you, and unrolls a parchment. He clears his throat and says:
Here ye, here ye, let it be known that, Jon Morrow, the Ruler of Real Estate, has thrown down the gauntlet.
He pauses for a moment, daintily pulls off his glove, and drops […]
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The latest fodder in the “no money down” witchhunt is Casey Serin, a 24-year-old investor in Sacramento, California that’s now $2 million in debt after leveraging himself to the hilt with techniques from Russ Whitney and Carleton Sheets. To the personal finance blogosphere, he is a classic example of what can happen when you buy […]
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Browsing real estate over the Internet is a wonderful thing, but nothing compares to driving around neighborhoods and paying close attention to what’s happening. It’s called “farming.” You take note of:
When houses go up for sale, what they’re asking for, and how quickly they sell
When houses go up for rent, what they are asking for, […]
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How much money are your houses really costing you?
Most investors stop budgeting after adding up the downpayment and carrying costs, forgetting to include taxes, maintenance, improvements, and commissions when selling the home. If you add it all up, they’re not making nearly as much as they think they are.
Over at Consumerism Commentary, Flexo breaks down […]
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As a real estate investor, it was tough for me to write this post. We take pride in how much money we can borrow, and the thought of paying down a mortgage is almost painful, unless we’re selling the property.
But it has its advantages.
In my last post, we covered three reasons why paying down your […]
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It’s tax refund time. You’ve got a few thousand dollars coming back from the IRS, and you’ve got to decide what to do with it. Do you pay down your mortgage or use the money for a downpayment on a new house?
This is the question that JD over at the Get Rich Slowly blog asks […]
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Investing is a lot like taking a road trip.
Let’s say you live in New York and you’ve decided to drive to Los Angeles. Between the two cities, there are thousands of roads to choose from. Some will take you to Los Angeles and some won’t. Some roads are faster. Some roads are prettier.
As the driver, […]
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