It happens to everyone in the real estate investment world. You’re trying to get a deal on an investment property and the bank won’t approve you on a conventional loan for the purchase. This happened to me several years ago and my mortgage broker suggested getting a hard money (aka … Read more
Balancing a checkbook is an essential basic life skill that everyone needs to know about to master their financials. This is especially true if you want any chance of successfully budgeting, investing, and saving more money for your future. Have dreams of owning your own business one day? Every successful … Read more
Getting paid under the table is typically a side gig or job you do that pays you in cash. It can be pretty beneficial for a number of personal reasons, and it’s much more common than you think. In fact, according to an NPR article I found, the amount of money … Read more
Let’s review the most common items that an underwriter might want to verify (at the last minute) during the process of closing on your new mortgage. As of this writing, I’ve signed for a new mortgage loan (or home equity line of credit) at least 25 different times in the … Read more
If you’re like me, you like to be organized, and when I used to try and collect money from my old roommates, it was a real mess if I was not tracking it. If you only have one roommate, it will be easy, and you may not even need to … Read more
Timing any local real estate market is pure speculation most of the time. But there are some trends you can look for to help decide when it’s the best time to buy or sell a home (or rental property). With experience and some basic trends, you can get better at … Read more
Watching movies about wall street and finance are an excellent way to learn about the history of how money, investments, and various scandals have impacted the different economies around the world. Primarily, in the United States of America. The first finance movie I ever watched was in my 12th-grade Economics … Read more
Late payments can be reported on your credit report for accounts such as Credit Cards, Personal & Auto Loans, Mortgages, and Student Loans. Below, I want to share with you everything I’ve learned over the years regarding disputing and removing late payments from your credit report. Normally, you find out … Read more
Knowing how to list your home on Craigslist is a huge advantage for saving money. I’ve sold every property I’ve ever owned on Craigslist and ended up saving thousands of dollars in realtor commission fees by using a discounted realtor to write-up the contract for me. The best part about … Read more
When I first turned 18, applying for new credit was tough. My credit score was barely a 600 and no one (and I MEAN NO ONE) would give me an approval for my first credit card. I even tried getting a new car loan to buy a cheap Honda Civic DX; … Read more