Buying a home is so much more than just having a place to live; many long-term benefits go along with it. While buying a home has many up-front costs and monthly payments, home ownership allows you to build wealth over time, benefiting you greatly down the road. Let’s look at a few benefits of home ownership and how it can help you build wealth over time. Home Equity Home equity is the home’s...
As a landlord, you hope never to be put in a position where you need to know landlord-tenant laws. However, it’s important to at least be familiar with a few of them so you know what you can and cannot say or do in certain situations. To fully understand these laws, you should contact your attorney to have them explained. Let’s look at four landlord-tenant laws all landlords should be familiar...
Congratulations, you purchased your first rental property! As a landlord, you’re probably wondering what upgrades you can make that will help increase the value of your property. You can do many things to a home to make it feel more welcoming and inviting, but which upgrades will add value? Let’s take a look! Landscaping Nothing is worse than pulling up to a rental property and it being a...
When you first get started in real estate investing, you’ll learn many different methods to create passive income. One method is the BRRRR Method, which stands for Buy, Rehab, Rent, Refinance, and Repeat. This method is a great way to quickly build up your real estate portfolio. Let’s look deeper into what each of these words mean as it relates to the BRRRR Method and how you can utilize...
Generational wealth is wealth that is passed down through generations of your family. In order for it to be considered generational wealth, it has to be passed down to at least one generation and can be any asset with monetary value, including real estate, stock market investments, or a business. One of the most important things about generational wealth is don’t wait to start investing your money....
When it comes to rental properties, there are a variety of options available. Regardless of which property you choose, it usually boils down to two categories: long-term or short-term. Many investors tend to choose the long-term rental option, however, that may not be the best option for everyone involved. Let’s discuss the difference between long-term and short-term rentals and the pros and cons of...
If you’re considering real estate investing, you’re probably wondering where to start. Once you begin researching, you’ll realize there are various ways to invest and many different routes you can take. It’s smart to start small and let it grow from there. Here are four ways to get started in real estate investing. Primary Homes Typically you don’t think of living in a primary home as...
Generational wealth is a way to create wealth for your family that is passed down through generations. It provides freedom of choice to live the life you want and not worry about debt. Building generational wealth is easier than you may think. All you have to do is spend less than you earn and save and invest as much as possible. Let’s look at a few ways to invest and build generational wealth...