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DOWNSIZING AND DIVORCE
A smaller home is not only easier to maintain (think cleaning, repair, the money that goes into upkeep, etc.), it’s less expensive to maintain, and less time consuming to maintain. But let’s talk numbers. Downsizing leads to a smaller home leads to less debt and less risk. Your current net income, number of dollars you…
Read MoreFIRE DAMAGED HOUSE: TO REBUILD OR NOT TO REBUILD?
House fires are the things of nightmares. You can lose your possessions, your home, and sometimes even the lives of loved ones. We can all only hope that if we are ever affected by this most-serious happenstance that we are fortunate enough to escape without any bodily harm. Most homeowners have one thing in common…
Read MoreRENTAL PROPERTIES: ARE THEY WORTH THE HASSLE?
Like with most things in life, there is an upside and a downside to owning rental properties, and the list of both advantages and disadvantages is quite long. We’d like to take a moment to skim through some factors that may not be on your radar when considering the purchase of a rental property. Property…
Read MoreINCOME PROPERTY: RETIREMENT PLAN SOLUTION
An income property could be the solution you are looking for if you are near retirement and need extra funds. Owning an income property offers a non-traditional solution for those without enough to retire. Since real estate is such an inefficient market, it is possible to find properties that will have a very high return…
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