Today we continue our series on building wealth as I discuss how real estate can be used as a source of income. This is the third article in our series on building wealth. The previous two can be seen here: Want to be Wealthy? Own Something Using Dividend-Paying Stocks for Income When I was a […]
Read More >>
Renting out part of your house is not for everyone, but it can be a great opportunity for young adults to bring in additional income for paying down debt, saving some money, or to have additional spending money. We personally decided to pursue rental income to help pay down our debt as well as to […]
Read More >>
I’m sure when most people think of Hawaii they think of how much it would absolutely SUCK to live there. Okay, not really. I personally think it would be awesome to live in Hawaii. It’s as close to paradise as you can get (at least here in the United States). I went to Hawaii two […]
Read More >>
Photo by pnwra Knowing the true value of a home can be difficult. As we saw with the real estate crisis from the past few years, the housing market can drastically change over the course of just a few years. So what determines a home’s value? 1) Comparable Home Sales Unless there is some catastrophic […]
Read More >>
When young adults are considering their first home, a fixer-upper is a very tempting choice. With a fixer-upper, there is the opportunity to create value through making upgrades and renovations. There is also the fact that when a fixer-upper is on the market, the buyer has the leverage when it comes to negotiations. Finally, these […]
Read More >>
When you are in the market for buying a home there are an unlimited number of things to take into consideration: the year the house was built, the number of bedrooms, location, yard size, and so on. When my wife and I first started looking last summer we had a few things in mind that […]
Read More >>
After initially moving into our house, we have had to do a lot of the necessary cosmetic fixes: clean, new blinds, new paint, work on the yard, etc. But when I look at our house and the things we can do to it, my mind immediately goes to some of the more expensive things. I’m […]
Read More >>
We recently bought a home and it wasn’t staged one bit. In fact, they seemed to not have done much cleaning at all. Because of this, the home was on the market for over sixty days when we first saw it and over seventy when we put an offer on it. There was another result […]
Read More >>
While surfing the web a few days ago I came across an interesting article at Bankrate.com about the 6 worst home fixes for the money. Most of these weren’t surprising: home office remodel, backup power generator, and upscale garage addition all made the list. Two of them stood out at me, though: bathroom addition and […]
Read More >>
Sometimes when you get into an apartment you want to make it nice and your “own” place. This may lead to ideas of painting a couple rooms or even just a few walls in given rooms. This happened to my wife and I when we got our first apartment together. Since this was our first […]
Read More >>