A few years ago, this could have been summed up in one word: flipping. But these days the housing market is a very different beast. While those seeking to use real estate as an investment can certainly find ways to profit with property (especially in the long term), it will take a little more knowledge [...]
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Millionaire Money Habits
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How to Become a Millionaire with Real Estate
The Best Places to Spend Your Retirement
When it comes time to leave the nine-to-five behind and head off into the sunset (so to speak) you may be at a loss as to what to do with the rest of your life. You might have plans to travel, start your own small business, volunteer, or spend more time with your family. But [...]
5 Indicators That the Real Estate Market Is Recovering
Slump. Recession. Downturn. These seem to be the only words we’ve been hearing for the past few years when talking about the real estate market. Are you as tired of hearing them as I am? Good. It’s time to look at the bright side and discuss some indicators that the real estate market is recovering. [...]
Is Buying a Foreclosed Home a Good Idea?
Even with the slumping economy and falling home values, the actual cost of buying a home still seems steep-especially with celebrities’ homes! I’ve heard of a few that slashed the selling price by 60%, and the new price was still $3,000,000. Now that’s obviously not the norm, but some homes may have this same theme—they’re [...]
Rural Real Estate - Know Your Risks
Rural real estate seems to be a hot trend for investors, but is it really a good investment? The thought behind buying rural real estate seems to be there is only so much land, and therefore the value can only go up in price. By buying a quiet property out in the middle of nowhere, [...]
Catch a Falling Knife – Buying the Housing Slump
Let’s review the last six months of the US economy: Home values and prices fall. New home sales reach 12-year lows. Resetting mortgages push people out of their homes, destroying their credit on the way out. Home builders slow down construction as housing inventory reaches a 40-year high. The financial system takes a blow and [...]