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Real Estate

Use Cash Flow Principals – Gain Financial Independence

Use Cash Flow Principals – Gain Financial Independence

By in Advanced Investing, Debt, Guest Post, Money Management, Personal Finance, Real Estate | 0 comments

Understand Household Cash Flow to Build Wealth? Guest contributor; Stanley A. Riggs, MD Are you ready to start building wealth, rather than just making a living? Consider what you’re doing with your cash flow. Building wealth and achieving financial independence is like losing weight or quitting smoking. It is simple, but not easy. By understanding what to do with your cash flow, you can increase your net worth. Three basic tools to building wealth start with understanding assets, liabilities, and the economy: Understand the difference between true assets and real liabilities and put your money into the assets. Always be...

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ARE YOU CUT OUT TO BUY A FIXER UPPER?

ARE YOU CUT OUT TO BUY A FIXER UPPER?

By in Investing, Make Money, Real Estate | 23 comments

So You Want to be a Real Estate Flipper “If people are unforgiving up front about assessing the costs of renovation, the value of the property and the neighborhood, and how much money they have, they can come out ahead and buy more house than they otherwise could ever afford,” says Bradley Inman, CEO of HomeGain.com, a real estate sales and information Web site. (as quoted on thisoldhouse.com) The lure of real estate investing is great. This article outlines what  it takes to buy, renovate, and resell real estate.   Find out if this potentially lucrative endeavor is for you...

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How To Rent An Apartment

By in Personal Finance, Real Estate, Saving, Tips | 16 comments

3 Steps to Rent an Apartment I’ve rented many apartments over the years, some really nice, and a few real dumps (when cash was really low). Before you begin, remember his fact; appearances matter. When visiting potential apartments, look neat, well groomed, and behave professionally. You increase the likelihood of getting the apartment you want by looking like an attractive tenant! Plan well, know what you want, and get a great apartment within your budget. And, if you’re hoping to save up to buy real estate later on, take on a room mate or two and look for an...

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CAUTIONS IN REFINANCING YOUR MORTGAGE

By in Debt, Real Estate | 4 comments

It’s Not Always a Good Idea to Refinance It may seem that refinancing your mortgage to a lower interest rate is always a good idea. The news is blaring with opportunities to refinance. One would think, if a lower interest rate means you pay less money on your mortgage, then that must be good. However, there is more to the story. A mortgage is only one part of a person’s entire financial picture, a large part, but still only one part. If you think it’s time to refinance your mortgage, here are some factors to consider. Interest Rate Change...

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HOW TO FIND THE BEST LOAN-WHAT TO LOOK FOR IN A LENDER

By in Debt, Guest Post, Real Estate | 8 comments

Get ready for Barbara Friedberg’s upcoming book, ”How to Get Rich; Wealth Building Guide for the Financially Illiterate,” sign up above & be the 1st to know By, Tali Wee of Zillow Barbara Friedberg is the Zillow Financial Blogger of the Week Buying a Home? Tips to Find the Best Lender Home buyers who are ready to begin their house hunt should start by selecting a lender. Real estate agents facilitate the process of finding and purchasing homes, but they’ll expect buyers to be pre-approved by a lender to ensure they’re serious about buying. Home buyers should take their...

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WEALTH BUILDING ADVICE FROM SELLING LA

By in Real Estate, Retirement, Saving | 21 comments

Even Millionaires Need a Budget “More than 200 college students will get a chance to become instant millionaires when the NFL holds its draft ….But fast forward 20, 10 or just 5 years down the road, and many of this year’s crop of NFL rookies, like players before them, could end up broke.” By Russ Wiles, in USA Today, Sports Instant millionaires are targets of unscrupulous financial advisers, extravagant overspending and yes…. financial ruin. According to the NBA, an estimated 60 percent of professional basketball players go bankrupt within five years after leaving the sport. Learn Wealth Building from a Basketball Agent...

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