This is a guest post from Emily Guy Birken who writes at One Money Design. Now seems like the perfect time for investors to get started in the landlord business. The housing market is still recovering, which means that home prices are reasonable, interest rates are low, and rents tend to be relatively high. Under these circumstances, buying a rental property seems like a no-brainer. However, owning an investment rental property is not all about pushing wheelbarrows of passive income to the bank. Being a landlord comes with many risks-and just … [Read more...] about Are You Ready to Invest in a Rental Property?
Here is the next installment in our the Reader’s Questions Series which highlight questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if your money question is chosen to be featured on a future week’s blog post. If you're not familiar with Dave Ramsey's book, you should run right out and get it. It is one of my top ten best personal finance books that everyone should … [Read more...] about Reader’s Question: Is It Better To Save For Closing Costs Or Pay Down Loan?
Find out about the home improvement projects that add value to your home's value when I was interviewed by Ben Brashen on the Brashenomics Radio Show last week. Hear how you can get the best return on your investments that you make in home improvement projects and which projects are the best to tackle from a return on investment perspective that will increase your home value. Check out the radio interview below... The Top 3 Home Improvement Projects That Add Value 1. Upgrading your kitchen = 70% to 80% return 2. Upgrading an existing … [Read more...] about Learn The Home Improvement Projects That Add Value
I was recently interviewed two weeks ago on the Brashenomics radio show out of Seattle, Washington. This was my second radio interview talking about money matters and consumer savings tips. I was interviewed about the article that I wrote detailing how to save money on my moving expenses. Here's the interview... It was great and a lot of fun. I will also included a copy of the Mp3 below for you to hear my segment on the radio show later this week. So, be sure to check back. It is a quick ten minute or so interview covering some great … [Read more...] about Money Q&A Interview On Brashenomics Radio Show
There are a few things that you can do to make applying for a mortgage go more smoothly and give yourself a better chance of success. By preparing to apply for a mortgage correctly, you can receive the best interest rate that you qualify for and save money on your mortgage. The key is that you should start working early when you decide that you want to apply for a mortgage. Here are a few ways that you should do when preparing to apply for a mortgage. Compare Mortgage Loans The best way to get the best interest rate is to compare different … [Read more...] about How to Make Preparing to Apply for a Mortgage Go Smoothly
Getting your house ready to rent is a lot like getting it ready to sell. There are several things that I have learned about renting my house along the way that have greatly helped speed up the process. And, there were a few stumbling blocks too that could have tripped me up getting my house ready to rent. Here are ten lessons that I learned about renting out my house and hopefully it will help you as well. Ten Things I Learned About Renting My House First Impressions Matter The other day we were surprised with a tree that fell down in our … [Read more...] about Top 10 Things I Learned About Renting My House