While investing your money in the stock market is generally recommended by many different financial professionals, it can still be very volatile, and to build wealth, you need to be willing to ride the waves. If you’re looking to earn additional income without the stress of monitoring Wall Street, you may consider investing in real […]
Financing Home Improvement Projects Without Using Your Home’s Equity
March 2020 By Leave a Comment
If you are a homeowner or thinking about becoming one, then there may be some major projects or renovations that you’d like to do. These could be expensive such as a kitchen or bathroom remodel or an addition. If you are planning on financing such an endeavor, then one of the more common things to […]
Can You Buy a House With Student Loan Debt? Yes, Here’s How to Tackle It
February 2020 By Leave a Comment
While the idea of the house with the white picket fence has morphed and modernized, the dream of homeownership is still very real for the average American. And while the call of homeownership remains steadfast, the cost of higher education has increased dramatically, strapping even the most financially prepared students with student loan debt. There’s […]
Has the First-Time Home Buyer Incentive Been a Success?
February 2020 By Leave a Comment
The new First-Time Home Buyer Incentive (FTHBI) has been around since September 2, 2019. Its goal is to provide first-time home buyers with a helping hand getting into the real estate market. When buying a home under the FTHBI, the Canada Mortgage and Housing Corp. (CMHC) takes a five or 10 percent ownership stake in […]
How to Save Money While Updating an Old House
December 2019 By Leave a Comment
Investment Mistakes: 4 Signs You Shouldn’t Buy That House
November 2019 By Leave a Comment
Real estate is one of the best ways to build wealth. But owning real estate can be a pain if you’re dealing with never-ending maintenance problems. Even a property that’s new construction will have its own fair share of problems within a few years. Homeowners will spend between 1% to 4% of a home’s value […]
Beware These Hidden Costs Of Buying A Home
October 2019 By Leave a Comment
When you’re shopping for a house, you’re likely already prepared for some of the higher costs involved. However, you might want to brace yourself – the listing price you’re seeing for the home is likely far less than what you’ll end up paying. What makes buying a home so expensive, even after you’ve already paid […]
Buying a Second Home Part II
October 2018 By Leave a Comment
Good news since my first article on buying the cabin. Everything is a go. The appraisal came back favorable on my primary residence, and there will be plenty of cash at closing to buy the cabin outright. The official closing is later this week, but I wanted to give an update of what has transpired […]
Buying a Second Home? Make Sure You Are Prepared
September 2018 By Leave a Comment
So, I’m in the middle of buying a second home. This will be a vacation home — basically, a place for a weekend getaway. It’s a nice little 2-bedroom cottage that was recently remodeled, located in the mountains of PA, approximately two hours away from home. We threw out a low-ball offer, and the owner […]
How to Finance Your First Home Renovation
July 2017 By Leave a Comment
People looking to finance a home renovation can be both short-term or long-term investors. Short-term investors are known as “fix-and-flippers” and typically purchase, renovate, and sell a property within 12 months. Long-term investors usually purchase and renovate a property before acting as a landlord. Below we discuss the best financing options for fix and flippers […]
