The mortgage interest deduction limit has decreased since the new Tax Cut & Jobs Act was passed in 2018. In the past, you could deduct mortgage interested on up to $1 million in mortgage indebtedness. Today, according to the IRS, the maximum mortgage amount you can claim interest on is $750,000 on first or second […]
Mortgage Interest Deduction Limit and Income Phaseout Read More »
If you want to find better value when buying a house, then avoid the Frenzy Zone. The Frenzy Zone is essentially the housing price point where the majority of people can buy, the median home price +/- 50%. If you look for homes priced above the Frenzy Zone, demand drops of significantly. As a result,
Go Up The Housing Price Curve To Find Better Value: Avoid The Frenzy Zone Read More »
From a financial standpoint, rental property is at the top of the list of assets to own. Why rental property? Let’s explore the main benefits of this asset class. But first of all, you have to be smart about investing in a rental property. Otherwise it can become a huge headache if you don’t screen properly.
Why Rental Property Is A Powerful Asset Class Read More »
A lot of you have expressed interest investing in real estate over the years as part of a diversified investment portfolio strategy. However, some of you don’t have the 20%-30% downpayment to get started in rental property investing. Therefore, I’d like to explore the real estate crowdsourcing industry with Fundrise. With Fundrise, you can invest in
Real Estate Crowdsourcing Investing With Fundrise Read More »
Real estate is my favorite investment asset class to build wealth for regular folks. For hundreds of years, real estate has built tremendous wealth for millions of people. I don’t expect this trend to ever change in our lifetimes. Today, investors can invest in high quality residential and industrial real estate across the country with
Real Estate: My Favorite Investment Asset Class To Build Wealth Read More »
Following the easiest real estate investing strategy will make you a wealthy person over time. As a real estate investor since 2003, I want to now share this real estate investing strategy with you. Ever since selling an SF rental property in 2017, I’ve been a happier man. Not having to deal with disrespectful tenants
The Easiest Real Estate Investing Strategy To Build Wealth Read More »
If there is a tragic death in the property, there’s a good chance the value of your property will trade at a discount. If there is a death by natural causes, the property will likely trade at market price or a slight discount. Depending on where you live, the seller may not have to disclose
The Value Of A Property After Experiencing A Tragic Death Read More »
I love being a property owner. But I don’t love paying property taxes. Alas, they’re unavoidable. However, you should always fight your property taxes if the government over inflates your assessed value. This happened to me and I wasn’t about to let the government screw me over. Last year, I scored a victory against tyranny
Fight Your Property Taxes And Don’t Let The Government Screw You! Read More »
Congrats on being a homeowner! Real estate is one of my favorite asset classes. Over the past 20 years I’ve owned seven properties and have done multiple mortgage refinances. There are several mortgage refinance strategies and points I’ve learned along the way that have enabled me to save significantly. I hope my mortgage refinance strategies
Mortgage Refinance Strategies And Points You Should Understand Read More »
As a multiple residential property owner, I am constantly watching interest rates and the 10-year yield. A refinance opportunity has emerged yet again now that mortgage rates have declined. Has it been a while since you last refinanced your mortgage? Now is the time to check mortgage rates for free. See how much you could
A Refinance Opportunity Has Emerged Now That Mortgage Rates Have Declined Read More »
