Refinancing your mortgage might be the most financially sound decision you could make in your life. If you have the power to negotiate more favorable mortgage terms, why not just go ahead? The decision to refinance your mortgage comes with several serious implications. Your monthly payments and the life of your mortgage will change. The […]
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What is REPS? Real Estate Professional Status (REPS) is a tax-advantaged designation. It can provide you with important tax benefits if you rely on real estate income. For the most part, it’s a designation that is only available to those heavily invested in real estate. If you’re a real estate professional, REPS can save you
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Properties are investments, but they come with a long-term cost. While mortgages have set terms, you could opt to pay them off faster. If you have a typical fixed-rate mortgage, you have the option to pay more now. That way you have the option of paying less later. There is, however, one downside to overpaying
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Did you know that rent growth on residential real estate investing rehabs has increased by 8%, according to Fortune magazine? A recent study on rehabilitation demonstrates that rehabbing existing units, renovating, and transferring them to new occupants offers substantial benefits to the economy. The findings further suggest that rehabbed housing can return up to $0.55 average of
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You should start looking at insurance as a loss of worry and not money. Whether you buy a policy or not, you and everything you own will always be at risk. So, if you think about it, buying insurance is an investment in something that’s guaranteed to cushion the blows of unexpected events that will
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