Q: I’m considering private mortgage insurance (PMI) on the new home I want to buy. Is this a good idea, and do I need PMI? A: PMI is an extra fee that you pay every…
Browsing CategoryReal Estate Investing
8 Creative Financing Ideas For Real Estate Investors
Buying commercial property can be challenging. The properties can be costly, and you’ll usually need a down payment of at least 35%. Fortunately, there are many opportunities to fund commercial real estate creatively. Always remember…
Practical Tips For First Time Home Buyers
The decision to go from renter to homeowner is a big one. When you own your own home, there are a lot of responsibilities, but there are also a lot of benefits. Buying a home…
Should Apartment Owners Appeal Their Property Taxes?
Property taxes are one of apartment owners’ most significant line item costs. However, many owners do not appeal effectively. Even though owners realize that property taxes can be managed and reduced through an appeal, some…
Is Cost Segregation Right For You?
Tax savings through cost segregation are no longer out of reach for small- and medium-sized property investors. With appraiser expertise, fees for analysis are often one-third to one-half lower than those charged by traditional preparers….
Does A Home Warranty Make Sense?
HOW TO BENEFIT FROM A HOME WARRANTY PLAN Q: I am considering a home warranty plan but am unsure if the cost is worth it. What are the benefits of a home warranty plan? A:…
Did You Budget For Closing Fees?
You probably spent much time getting disciplined to save money for your home purchase. You must carry this financial discipline through the escrow period, or you could encounter problems. Budget for Closing Costs – Property…
Rental Real Estate Tax Deductions Explained
As a landlord, you will want to ensure you take advantage of all the tax benefits you can receive by owning a property. There are many other deductions than just the obvious ones. Expenses incurred…
11 Things To Look For When Choosing An Insurance Agent
Chances are, at some point in your life, you’re likely to want the services of an insurance agent. Homeowners, auto, health, disability, and life insurance can prevent financial disaster due to a crisis. A good…
Is There Such A Thing As Good Debt?
We’re usually led to believe that debt is terrible. Carrying a large load of credit card debt didn’t happen a few generations ago. Older individuals might say, “If you can’t afford it, don’t buy it.”…