fbpx

Dave Ramsey’s Early Mortgage Pay Off Advice, Good Idea?

Dave Ramsey's Early Mortgage Pay Off Advice, Good Idea? 6

Should You Pay Off Your Mortgage Early? This is a popular question among homeowners. Some people believe paying off the mortgage as fast as possible is better, and some people believe investing the difference is better. In his book The Total Money Makeover, Dave Ramsey’s Baby Step #6 advocates paying off your home loan early. … Read more Dave Ramsey’s Early Mortgage Pay Off Advice, Good Idea?

Should You Refinance Your Mortgage? Refinancing Pros and Cons

Calculate home value

Should you refinance your mortgage? The general rule of thumb is if you can reduce your current interest rate by 1% or more, it is worth it to do a mortgage refinance. And many people are happy to follow this rule as long as it lowers their monthly payment or lets them take out some … Read more Should You Refinance Your Mortgage? Refinancing Pros and Cons

Should You Pay Off Your Rental Property Mortgage Early?

People are divided on the topic of early mortgage pay off — some say it’s a good idea, others disagree. This topic is highly debatable because there are so many factors to consider, and even a slight change in one of these factors could swing the answer in one way or another. In any case, … Read more Should You Pay Off Your Rental Property Mortgage Early?

10 Real Estate Investing Tips from a Successful Investor

10 Real Estate Investing Tips from a Successful Investor 19

I began investing in single family homes with a good friend and business partner about 4 years ago. In that time, we’ve purchases and remodeled 5 single family homes, all of which are rented by reasonably reliable tenants. Over that time we’ve learned a thing or two about investing in real estate. In this article, … Read more 10 Real Estate Investing Tips from a Successful Investor

Should You Finance Your Rental Property Purchase or Pay Cash?

I am currently in the process of buying a rental property and one of the questions that came up was: is it better to buy a rental house with cash, or is it better to take out a mortgage? Personally, I always believe that it is better to borrow, especially in this low interest rates … Read more Should You Finance Your Rental Property Purchase or Pay Cash?

How to Rent Out Your House When You Move Out of State

When you purchase a home, you make a mental judgment about how long you plan to live there. If the time frame is relatively short, e.g., less than five years, it usually doesn’t make sense to purchase.  But sometimes our mental judgments are wrong, or life circumstances force us to move away unexpectedly. It might be … Read more How to Rent Out Your House When You Move Out of State