So you are finally ready to go forward with buying a house, the largest purchase you will probably ever make. You need a place to live and you are tired of “throwing your money away” each month to your landlord. Your home purchase will make a great investment, right? That depends.
This is the first in a four-part series explaining how to buy an investment property, teach you to generate passive income and how to be a landlord.
The money and math behind investing in real estate. If you want to buy an investment property you will need to be able to do some basic math.
Before buying an investment property, you need financing. Using leverage is simply using other people’s money to make more money for you.
If you want to an investment property, forming a killer real estate team will make the process easier.
In my last series we discussed becoming a land lord. Now we look at ways to find the best property management company so you can be a hands off land lord.
The road to real estate riches can be paved with problems. Tenants, toilets, termites, and taxes can all conspire to eat into your returns.
We’ve written about becoming a landlord in a previous series. Now we look at the pros and cons of single family homes versus multifamily rental property.
There are so many different kinds of mortgages. Learn mortgage basics so you can decide what type is best for your situation.
I want to share my family’s financial goals and plan to reach them for 2015. To drift is hell, to steer heaven. Which will you do in 2015 money wise?