real estate

One of the most disappointing, and potentially devastating, occurrences in your financial life is likely to be the realization, too late, that your investment has been in the bubble. One day you are flying high, sure your fortune is made, and the next day you are crushed — and possibly looking at large losses. While [...]

Out of all of the personal financial strategies, one of the most lucrative financial moves is that of purchasing property to lease out to renters. Doing this, if done correctly, can earn you a fantastic return for your investment, as well as earn you a passive income. If you follow some basic guidelines, it could [...]

Holding down a steady job and earning regular paychecks is both the easiest and most common form of earning an income. Building a solid foundation of deep wealth however, requires time, planning and a considerable amount of research. There are three general means to creating wealth: active income, portfolio income, and passive income. Photo by [...]

Santa Claus is one of our most recognizable holiday characters, known for his love of children, holiday spirit, and giving personality. Most people would agree that Santa is a good guy. He gives unselfishly and the only thing he asks for in return is good behavior. However, has anyone ever asked what this all costs [...]

As the closing of my home loan draws nearer, I have been diligent about making sure my personal finances have stayed in order. While it has been a long process, it has gone relatively smoothly. We are set to close in just two weeks. Unknowingly, we could have delayed our closing by doing a number of [...]

Everyone is talking about how now is a great time to buy a home. And, on the surface, it looks like the perfect time. Home prices are low, and mortgage interest rates remain at near-record lows. There is some argument, though, that it might be better to buy a home in six months; without the [...]

Getting out of debt might seem like a simple concept, but it can take years of hard work and dedication to be debt free. If you want to get your finances back on track, you have to come up with a realistic plan to pay down your debt, while also taking steps to combat your [...]

Not everyone has the time or inclination to master the subject of personal finance. Luckily, it is not always necessary to master it. In the same way you can hire an electrician without understanding the inner workings of home wiring, you can hire a financial advisor to get your money in order. There are all [...]

As a CPA, I’ve done several tax returns over the years. One thing I got to see when calculating capital gains and losses was what type of investments people were into. I saw a lot of portfolios made up of 5 to 10 single stocks. It shocked me that so many people were putting a [...]

Now that the house hunting season is in full swing, I thought it’s a good idea to revisit these house selling tips again. Although the economy improved quite a bit since last season, the housing market still favors buyers over sellers. You’d be hard pressed to find multiple buyers bidding up a house. The fact [...]