If you’ve recently become a landlord or are considering purchasing a second home for renting purposes, you’ve likely been introduced to a large bevy of responsibilities and duties you never expected you’d have. You can also find many mistakes landlords make. While renting out your property can be an extremely lucrative business venture, many enter the realm of rentals without proper knowledge or education on the subject and find it’s not as easy as expected. We’ve laid out the top mistakes landlords make when they run into, and the … [Read more...] about The Top 7 Mistakes New Landlords Make
Real Estate
How to Save to Buy a Home While Barely Make Ends Meet
Buying a home is a smart investment in your own future, and it's an aim everyone should start with as early as possible. Nevertheless, in some cases, it does make sense to put off such an investment -- such as when you are unsure of the future of your job, or your marriage, or when home values appear volatile. Saving to buy a home even when you live paycheck to paycheck is possible. Most people who put off the decision to buy a home, though, have none of these reasons in mind. They simply choose to delay the day they buy, because they … [Read more...] about How to Save to Buy a Home While Barely Make Ends Meet
The Benefits Of A Home Warranty Plan
If you do not have a home warranty, then you may want to consider getting one. Whether you are selling your home, renting it as a landlord, or living in it yourself, there are quite a few benefits of a home warranty that you can take advantage of using. Your Home Will Be Preferred By Buyers If you want to make your home a preferred home to potential buyers, then you will want to have a home warranty plan on your home to help you attract buyers. When you have a home warranty, then the chances are there will be more potential buyers … [Read more...] about The Benefits Of A Home Warranty Plan
Making Your Rent To Own Real Estate Attractive To Tenants
The following is a guest post on Money Q&A. Would you like to write the next one? If you would like to write an article for Money Q&A, please visit our Guest Posting Guidelines page. First impressions are very significant when renting out your property, minor things can quickly put potential tenants off, but making a few slight modifications can up your appeal and sway them in the right direction. A well-presented property will entice the right sort of tenants and help you to make your rent to own real estate attractive to … [Read more...] about Making Your Rent To Own Real Estate Attractive To Tenants
Reader Question: Tread Carefully With a New Home Refinance
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 in an upcoming 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. Now....on to our reader's … [Read more...] about
What You Need to Know in Order to Find the Best Mortgage Rate
With UK mortgage rates at an all time low, and house prices falling by 0.1%, now may be the perfect time to consider buying a new home. But even with today's falling interest rates, taking on a mortgage is a major responsibility. Naturally, you want to find the best deal possible. Mortgage rates may currently be low, but that's no reason to take the first deal that's offered, or to pay more than you need to on the total cost of your home loan. Before you sign on the dotted line, let's review a few simple tips to help you find the best … [Read more...] about What You Need to Know in Order to Find the Best Mortgage Rate