You've gotten your feet wet, now you're ready for more! How do you know when it's time to invest in more real estate? The simplest answer is ...when the rental income exceeds the monthly mortgage. So basically, when the property will add to your income. Now is a great time to jump into this kind of opportunity. Here are some great things to consider: 1. Invest close to home...especially if this is your first investment. That way, you'll be able to get some hands on experience
Your Offer has been Accepted. Now What?
You've made an offer on the home you love and it was accepted! Now what? This moves fast and you want to be sure to stay on top of everything. Here is what to expect: Your earnest money is now due. Typically you have 3 days to get this to the title company (Your Lender will provide the name of the title company). Be sure to double check the sales contract for the deadline. The property inspection. You want to be sure that the home you are purchasing is in good shape, and havi
Financial Freedom....not just a dream.
As we clean up the paper and ash from this year's 4th of July celebrations, we remember the fact that we are free here. These freedoms have come at a great cost and we are forever grateful to the men and women who have sacrificed so much to maintain this freedom. As I ponder the word, FREEDOM, it makes think about how much we long for financial freedom and how sometimes it just seems unattainable. Our world is fraught with excess, and unhealthy debt is often the result of tha